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HomeMy WebLinkAboutSummary FormDate: 12/29/10 AGENDA ITEM SUMMARY FORM FILE ID: ► 0 — 01338 Requesting Department: CIP Law Department Matter ID No. Commission Meeting Date: 1/27/11 District(s) Impacted: ®1 ®2 ®3 14 ®5 Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Resolution to authorize the City Manager to execute a Supplemental Joint Participation Agreement Number One with the Florida Department of Transportation (FDOT) for the City of Miami Trolley Program. Purpose of Item: To authorize the City Manager to execute a Supplemental Joint Participation Agreement Number One with the Florida Department of Transportation (FDOT) for the City of Miami Trolley Program, with the contribution of State of Florida ("State") funds in the amount of $1,899,151 transferred from the previously approved Miami Streetcar Joint Participation Agreement. Background Information: The City is proposing to modify the existing Miami Streetcar Joint Participation Agreement (JPA) and its scope of services and assign the JPA to the City of Miami Trolley Program. The City has requested to maintain the same funding contribution as in the original budget which had a total project cost of $5,580,000. From the original budget, FDOT will be contributing $1,899,151 to the Trolley Program. The City must provide a match of $964,972. Pursuant to Resolution No. 06-0119, the City's match has been previously allocated from the Transportation and Transit Special Revenue Fund from the City's share of the One -Half Cent Transit Surtax proceeds of the People's Transportation Plan. The transferred funding will be utilized for the purpose of obtaining capital equipment including rubber -wheel trolley vehicles, fare collection devices, and shelters for trolley stops. These capital expenditures and related services are necessary for the provision of transit revenue service to the four trolley routes. Budget Impact Analysis NO Is this item related to revenue? NO Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: Final Approvals (SIGN AND DATFJ CIP N/A Budget e / %` — //Vi l if usinwonreceiving:capiurf fund Grants rv�A ,Risk Manageiient N(A Purchas) Chief Dept. Director ��t a�' Tine /atscE 32gvo City Manager �..-tt,, CC Page 1 of 1