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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: /1-. . /B5'' Date: 2/4/2011 Commission Meeting Date: 03/24/2011 RECEIVED FEB 2 3 2011 BY• /0:ig vri Requesting Department: Grants Admin. District Impacted: 2 Type: i4 Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item Law Department Matter ID No. D Other Subject: Florida Inland Navigation District (FIND) Grant Application for the Little River Waterfront Park Purpose of Item: A Resolution of the Miami City Commission; with attachments, authorizing the City Manager to submit an application for grant funding to the Florida Inland Navigation District ("FIND") Waterways Assistance Program, in an amount not to exceed $117,500 for the Little River Waterfront Park acquisition ("Project"); authorizing the allocation of the required matching funds for seventy-five percent (75%) of the project costs, in an amount not to exceed $352,500, to be provided by the Bayfront and Riverfront Lands Acquisition Trust; authorizing the City Manager to execute any other necessary documents for the submission of said grant application for fiscal year 2011-2012. Background Information: See page 2. Budget Impact Analysis NO Is this item related to revenue? Yes Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: 10400.321000.481000.0000.00000; Project # 32-699084, Award # 1245 CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: CIP re kin s ?recary Grants �� J Risk Manage Purchasing Dept. Directo Chie aL'dYf/ City Manager $470,000 (Non -General Fund) Final Approvals SG A IDA Page 1.of2 Purpose of Item: A Resolution of the Miami City Commission, with attachments, authorizing the City Manager to submit an application for grant funding to the Florida Inland Navigation District ("FIND") Waterways Assistance Program, in an amount not to exceed $117,500 for the Little River Waterfront Park acquisition (Project"); authorizing the allocation of the required matching funds for severity -five percent (75%) of the project costs, in an amount not to exceed $352,500, to be provided by the Bayfront and Riverfront Lands Acquisition Trust; authorizing the City Manager to execute any other necessary documents for the submission of said grant application for fiscal year 2011-2012. Background information The Office of Grants Administration is seeking City Commission authorization to apply for grant funding from FIND for acquisition of a 1.2-acre property on the Little River to be used as a public park in an amount not to exceed $470,000 including purchase price and all due diligence costs associated with the acquisition of the properties. Page 2 of 2