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Home My WebLink AboutCRA-R-14-0054 Exhibit A-SUBTHIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. SEOPW GENERAL OPERATING TAX INCREMENT FUND BUDGET ... FY' 2015 • .. PROPOSED BUDGET FY2014.. AMENDED BUDGET` •BUDGET VARIANCE REVENUES ESTIMATED CITY OF MIAMI - TAX INCREMENT (ORIGINAL BOUNDARIES) $7,964,038 $7,349,506 $614,532 ESTIMATED MIAMI DADE COUNTY - TAX INCREMENT (ORIGINAL BOUNDARIES) * $3,955,532 $4,566,718 ($611,186) ESTIMATED CITY OF MIAMI - TAX INCREMENT (EXPANDED BOUNDARIES) $238,026 $194,346 $43,680 ESTIMATED MIAMI DADE COUNTY -TAX INCREMENT (EXPANDED BOUNDARIES) * $0 $120,738 ($120,738) ESTIMATED CITY OF MIAMI -TAX INCREMENT (PARK WEST ADDITION) $130,983 $0 $130,983 ESTIMATED MIAMI DADE COUNP( - TAX INCREMNT (PARK WEST ADDITION) * $0 $0 $O DISPOSITION OF LAND $0 $10,159,541 ($10,159,541) PARKING FEES $0 $147,671 ($147,671) GRANT FROM HEALTH FOUNDATION $0 $10,000 ($10,000) ESTIMATED CARRYOVER FUND BALANCE $43,000,000 $27,960,526 $15,039,474 TOTAL REVENUES $55,288,579 $50,509,046 $4,779,533 REDEVELOPMENT EXPENDITURES PROFESSIONAL SERVICES - LEGAL $194,196 $365,360 ($171,164) ACCOUNTING AND AUDIT $25,000 $17,000 $8,000 PROFESSIONAL SERVICES - OTHER $1,198,057 $1,331,407 ($133,350) OTHER CONTRACTUAL SERVICES $690,008 $193,712 $496,296 LAND $1,022,017 $665,310 $356,707 INTERFUND TRANSFER (Debt Service) $440,059 $440,059 $0 INTERFUND TRANSFER (Grant) $538,266 $47,140 $491,126 DEBT SERVICE PAYMENT $8,909,873 $5,000,000 $3,909,873 CONSTRUCTION IN PROGRESS $4,423,097 $3,320,373 $1,102,724 OTHER GRANTS AND AIDS $36,118,285 $36,577,870 ($459,585) ADMINISTRATIVE EXPENDITURES REGULAR SALARIES $833,890 $958,890 ($125,000) FICA TAXES $63,793 $73,355 ($9,562) LIFE AND HEALTH INSURANCE $147,244 $147,244 ($0) RETIREMENT CONTRIBUTION $73,474 $78,024 ($4,550) FRINGE BENEFITS $18,300 $16,800 $1,500 OTHER CONTRACTUAL SERVICE $80,723 $29,830 $50,893 TRAVEL AND PER DIEM $20,000 $20,000 $0 COMMUNICATIONS $5,500 $5,500 $0 UTILITY SERVICE $70,298 $72,748 ($2,450) INSURANCE $57,500 $57,500 $0 OTHER CURRENT CHARGE $16,000 $16,000 $0 SUPPLIES $10,000 $10,000 $0 OPERATING SUPPLIES $8,000 $8,000 $0 SUBSCRIPTION MEMBERSHIP/TRAINING $12,000 $12,000 $0 MACHINERY AND EQUIPMENT $2,000 $2,000 $0 ADVERTISING $30,000 $30,000 $0 RENTAL AND LEASES $7,000 $7,000 $0 POSTAGE $2,000 $2,000 $0 REPAIR/MAINTENANCE - OUTSIDE $2,000 $2,000 $0 INTERFUND TRANSFER $30,000 $30,000 $0 FY 2015 BUDGET RESERVE - ADMINISTRATION $240,000 $971924 ($731,924) TOTAL EXPENDITURES $55,288,579 $50,509,046 $4,779,533 ($0) $0 ($0) * Capped amount from the County Ordinance enacted in year 1982 1 Cx i 1114 A_ sue) THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. Funding Source Description Category Reso # Amount Budgeted Amount Expended Remaining Balance Carryover Fund . Balance ' : FY 2015 TIF Revenue Prt feiilahal`5eiiridiZ Lesai Se _ 1 2012 Holland & Knight, LLC to provide specialized legal services to the CRA. Legal Services 12-0075 $125,000 $118,705 $6,295 $6,295 2 2013 Jessica Pacheco - CRA Legal Counsel Legal Services 12-0075 $40,000 $40,000 $0 $0 3 2013/2014 Holland & Knight, LLC to provide specialized legal services to the CRA. Legal Services 13-0060 $200,000 $194,927 $5,073 $5,073 4 2014 Holland & Knight, LLC a. to provide specialized legal services to the CRA. (Additional Funding) Legal Services 14-0039 $200,000 $44,672 $155,328 $155,328 5 2014 Jessica Pacheco - CRA Leg& Counsel Legal Services 13-0060 $55,000 $27,500 $27,500 $27,500 Ac oyntine'and Audit r .. ;..' _. 6 2014 External Audit - Sanson Kline Jacomino & Company, LLP External Audit 13-0045 $25,000 $25,000 $25,000 Professional Services Other': hr^3 , 7 Agreement with Akerman Senterfltt, LLP for federal lobbying services. Lobbyist 13-0040 $48,000 $26,000 $22,000 $22,000 8 Agreement with Doug Bruce & Associates for representation and lobbying services before the State Legislature. Lobbyist 12-0066 $62,600 $58,404 $4,196 $4,196 9 Standards and Poor's - Credit Rating Services / Financial Advisory Services provided to the City of Miami SEOPW CRA rendered for the period 8/1/12 to 12/20/13. Public Financial Consultant 14-0015 ($19K Standards and Poors) $34,121 $19,000 $15,121 $15,121 10 Professional planning services in connection with the preparation of the "Overtown Special Area Plan for Overtown Folk Life Village" Consultant NR $275,000 $275,000 $275,000 11 Available for Marketing Services Public Relations Company NR $200,000 $200,000 $200,000 $194,196 $25,000 2 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. Funding Source Description Category Reso # Amount Budgeted . Amount Expended Remaining Balance Carryover Fund Balance. FY 2015 TIF Revenue' 12 Agreement with the Curtis Group for implementation of increment III of the CRA's Master Development Order as a development of regional Impact to include the Miami World Center Project. Infrastructure (Planning) 09-0010 $1,253,500 $1,080,378 $173,122 $173,122 13 Reimbursement to the CRA for expenses incurred in obtaining and updating SEOPW regional impact development order in an amount of $165,691. Infrastructure 12-0006 $165,691 $165,691 $165,691 14 Exclusive Management & Leasing Agreement with WLS, L.C.,, Florida Limited Company D/B/A NAI Miami Commercial Real Estate Services. Job Creation / Economic Develop. 13-0019 $200,000 $33,072 $166,928 $166,928 15 Replat of CRA owned Lyric Plaza and Block 36. Administration 11-0047 $50,000 $42,996 $7,004 $7,004 16 Available for Other Professional Services Administration NR $168,995 $168,995 $168,995 otker6nle—''ilServltes Y °' * 4... 17 Horsepower Electric, Inc. - Streetlight Maintenance (First Option) Quality of Life 12-0080 $25,000 $25,000 $0 $0 18 Available TIF Funds for Horsepower Electric, Inc. for Streetlight Maintenance (Outside Scope of Work - Expenditures under $4,500). Quality of Life NR $25,000 $4,839 $20,161 $20,161 19 Renewal of Agreement with Horsepower Electric, Inc. for Streetlight Maintenance. (2nd) Quality of Life 14-0013 $25,000 $5,472 $19,528 $19,528 20 Renewal Option with Howard & Howard for Landscaping and Irrigation Services. Quality of Life 13-0029 $42,000 $41,700 $300 $300 $1,198,057 3 21 22 23 24 25 Description Renewal Option with Howard & Howard for Landscaping and Irrigation Services. Funds to be expended for the demolition of unsafe structures throughout the Redevelopment Area. For the installation of the CRA's telephone system and other moving expenses in connection with the CRA's relocation at the Lyric Theater. Category Quality of Life Infrastructure Contingency Reserve for the administration of the Overtown Shopping Center Contingency Reserve for Other Contractual Services (Derived from FY 2013 Admin Surplus) Administration Reso # Amount Budgeted Administration Administration NR 13-0005 14-0002 NR NR Amount Expended $42,000 $3,350 $50,000 $13,050 $35,000 $253,001 $314,134 $3,914042 $27,716 Remaining Balance'. $38,650 $36,950 $7,28 $253,00 $314,13 $. 1.07;264 Total Budget Amount (Professional Services - Legal, Accounting and Audit, Professional Services - Other and Other Contractual Services) NR - No CRA Resolution R - CRA Resolution Passed $1,269,941 $837,320 $2,107,261 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. Funding Source ' Carryover. FY 2015 ., Fund TIF Balance . . Revenue $38,650 $36,950 $7,284 $253,001 i $314,134 $MIt?7 26l: «. ` :0!:* s $0 $2,107,261 $ 690,008 4 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. Funding Source Description Category Reso # Amount Budgeted Amount Expended Remaining Balance Carryover Fund Balance.Revenue FY 2015 - TIF. : „> #nteriund traln3teHDebt-Servicei :.: ' , ,W x -f } k . 4M.f, r - 1 Grant to the City of Miami for the construction of the Gibson Park Project -First Amendment to Grant Agreement (Amortization Schedule) -Forth Payment. Parks and Open Spaces 12-0045 $440,059 $440,059 $440,059 Debt'lervice" *xren :,` ` ,': . r ,. _. �• `:, 2 Available TIF Revenue for the First Loan Payment - Debt Service Reserve Affordable Workforce Housing Loan Series 2014 $8,000,000 $8,000,000 $2,303,721 $5,696,279 3 Overpayment of Tax Increment Revenues in 2011 if the 2010 CAP is found enforceable. Contingency NR $909,873 $909,873 $909,873 Purchase atld. 4 Purchase of property and land located at 921 NW 2nd Court and 925 NW 2nd Court. Affordable Workforce Housing 12-0012 $235,000 $236,793 -$1,793 -$1,793 5 Purchase of the property at 917 NW 2nd Court, Miami Florida, 936 NW 2nd Avenue, Miami, Florida and 937 NW 2nd Court, Miami, Florida. Affordable Workforce Housing 13-0061 $453,810 $453,810 $453,810 6 Available TIF revenue for the purchase of land. Funds derived from the proceeds of sale of the Grand Promenade. Affordable Workforce Housing NR (14-0035) Acceptance of property at 224 NW 16th St and 1900 NW 2nd Court - No fiscal impart $570,000 $570,000 $570,000 $440,059 $8,909,873 $1,022,017 5 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. infPrfund7rensfer (Gran .°; `4 ' r ;s "t: 'r:•, , :v:: , ' ,, :',,: 7 Contribution from the Children Trust Fund for fiscal year 2014. Quality of Life Interlocal Agreement $491,126 $491,126 $491,126 8 Grant to the City of Miami, to underwrite costs associated with a Police Visibility Program within the Southeast Overtown/Park West Redevelopment Area. Quality of Life 11-0059 $250,000 $202,860 $47,140 $47,140 SUbtoial: .;' ';:'..;:!.',I, '.:.... $,31,349,868 `i:$439,653 - $10;910215 $4,n3;877 . $6136,338 :$4,73 8 T r - 436,338 Total Budget Amount (Interfund Transfer (Debt Service), Debt Service, Purchase of Land and Interfund Transfer (Grant) N R - No CRA Resolution R - CRA Resolution Passed $1,479, 873 $9,430,342 $10,910,215 $10,910,215 $538,266 FY 2013 Rhythm & Arts Festival June 2012 - $20K's reimbursement from the Miami Dade County was added to this encumbrance ($50K Resolution + $20K Reimbursement = $70K). 6 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. Funding Source Description Category Reso # Amount Budgeted Amount Expended Remaining Balance • Carryover . Fund Balance FY 2015 TIF Revenue Constructici`h tn.ProRress :. { ,:.: 1 Funds to be expended for the interior demolition and build -out of the property located at 300 NW 11th Street, Miami, Florida. Infrastructure 10-0102 $1,500,000 $224,367 $1,275,633 $1,275,633 2 Funds to be expended for the kitchen build -out of the property located at 300 NW 11th Street, Miami, Florida. Infrastructure NR $500,000 $500,000 $500,000 3 Folk Life Super Club / Gailery (Pool Hall) Job Creation / Economic Development 14-0046 $850,000 $3,800 $846,200 $846,200 4 Renovation and rehabilitation of the Overtown Shopping Center, 1490 NW 3rd Avenue, Miami, Florida. Job Creation / Economic Development 13-0038 13-0042 $1,350,000 $502,570 $847,430 $847,430 5 Securing, prepping, demolation and painting of building located at 925 NW 2nd Ave. Infrastructure 14-0036 $30,000 $30,000 $30,000 6 Contingency Reserve for Ongoing Projects (Community Center / Overtown Shopping Center/ Pool Hall) Infrastructure NR $923,834 $923,834 $923,834 $7303Y �$4,4200: •$4;42400 ,.:_, $U; . Total Budget Amount Construction in Progress NR - No CRA Resolution R - CRA Resolution Passed $1,423,834 $2,999,263 $4,423,097 $ 4,423,097 7 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. Funding Source Description Category Reso # Amount Budgeted Amount Expended Remaining Balance Carryover Fund .:; Balance FY 2015 , TIF , Revenue 'O;herGtants°`and Aids: -. fir'r; .I " ': -::,,s .. - ;. - 1 Grant to MTZ Carver LLC to underwrite costs associated with the rehabilitation of the vacant commercial structure at 801 NW 3rd Avenue. Job Creation / Economic Development (Capital Project) 11-0034 $670,000 $642,659 $27,341 $27,341 2 Grant to MTZ Carver LLC to underwrite costs associated with the rehabilitation of the vacant commercial structure at 801 NW 3rd Avenue. (Additional Funding) Job Creation / Economic Development (Capital Project) 14-0004 $60,000 $60,000 $0 $0 3 Grant for the rehabilitation of the Dunn Hotel. Job Creation / Economic Development (Capital Project) 14-0030 $850,000 $850,000 $850,000 4 Conditional Grant to People Helping People Self Reliance, Inc. for the rehabilitation of property at 210 NW 16th Street, Miami, Florida. Affordable Workforce Housing (Capital Projects) 13-0063 $200,000 $200,000 $200,000 5 Additional funding to People Helping People Self Reliance, Inc. for the rehabilitation of property at 210 NW 16th Street, Miami, Florida. Affordable Workforce Housing (Capital Projects) 14-0045 $200,000 $200,000 $200,000 6 Grant to Emmanuel and Sandra Washington for the rehabilitation of nine (9) residential rental units at 155 NW 10th Street. Affordable Workforce Housing (Capital Projects) 12-0072 $300,000 $48,952 $251,048 $251,048 7 Grant to Town Park Village No 1, inc. for the purchase and installation of a fire alarm system, in compliance with the requirements of the 40-year recertification. Affordable Workforce Housing (Capital Projects) 12-0053 $335,000 $275,850 $59,150 $59,150 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. Funding Source Description Category Resoft Amount Budgeted Amount Expended Remaining Balance Carryover Fund Balance: FY2015 TIF Revenue 8 Additional Grant funding to Town Park Village No. 1 to underwrite costs associated with the repair of damaged underground electrical conduits. Affordable Workforce Housing (Capital Projects) 14-0016 $25,200 $25,200 $25,200 9 Housing rehabilitation agreements for the associations of Town Park Village, Town Park South, an Town Park North / Available Funding for Other Residential Developments. Affordable Workforce Housing (Capital Projects) 12-0056 13-0068 $10,000,000 $10,000,000 $10,000,000 29 Available TIF derived from the 2009 Expanded Boundaries / Park West Addition (Available for the Rehabilitation of Town Park North) Quality of Life (Capital Projects) NR $774,440 $774,440 $405,431 $369,009 10 Development Agreement with Overtown Gateway Partners, LLC for the development of Block 45. Affordable Workforce Housing (Capital Projects) 14-0005 $3,000,000 $3,000,000 $3,000,000 11 Additional Funding for the Parking Garage for the Longshoremen's Affordable Workforce Housing (Capital Projects) NR $1,900,000 $1,900,000 $1,900,000 12 Additional funding for programming (Grants) Quality of Life (Programming) NR $393,511 $393,511 $393,511 13 Proceeds of Sale of the Grand Promenade ($10,159,541) / This funding is intended to be used for residential developments in furtherance and enhancement of the Redevelopment Area. However, $2,849,964 out of the total proceeds have been allocated to the following projects outlined below. Affordable Workforce Housing (Capital Protects) 13-0047 $7,309,577 $7,309,577 $7,309,577 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. Funding Source Description Category Reso # Amount Budgeted Amount Expended Remaining Balance Carryover Fund Balance FY 2015 TIF. Revenue 14 Rehabilitation of Poinciana Village Residential Development / Settlement Agreement of Block 46. CRA's commitment to funding predevelopment expenses in an amount not to exceed $500K, and the CRA's agreement to remit 50% of the tax Increment revenues generated from the Project to the Developer. ($1,500,00D in the aggregate.) Affordable Workforce Housing (Capital Projects) 14-0007 $500,000 $250,000 $250,000 $250,000 15 Available funds for the 2014 Art Basel Event. Arts and Culture (Programming) NR $50,000 $50,000 $50,000 16 Grant to the New Providence Lodge for the design, construction, and interior build -out of New Providence Lodge. Infrastructure (Capital Projects) 12-0008 $300,000 $17,318 $282,682 $282,682 17 Construction of temporary parking at 276 NW 9th street, Miami, Florida to complement Carver Apartments and Shoppes development, infrastructure (Capital Projects) 13-0059 $120,000 $120,000 $120,000 18 Renovation and rehabilitation of the Overtown Shopping Center, 1490 NW 3rd Avenue, Miami, Florida. / Grant to Two Guys Restaurant for relocation to the new facility located at the Overtown Shopping Center- $150,000) Job Creation / Economic Development (Capital Protect) 13-0038 13-0042 14-0027 $500,000 $14,025 $485,975 $485,975 19 Two Guys Restaurant, Inc. - Design Build Renovation Job Creation / Economic Development (Capital Project) 10-0016 $260,000 $255,371 $4,629 $4,629 20 Funds to be expended with the Interior build - out of three additional retail bays at New Arena Square, 271 NW 10th Street, Miami, Florida. Job Creation / Economic Development (Capital Project) 09-0039 12-0038 13-0058 $130,000 $51,757 $78,243 $78,243 21 Grant to DMP for its 'Wrap- Around Building Rehab Program" Job Creation / Economic Development (Capital Project) 12-0010 $325,000 $228,622 $96,378 $96,378 10 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. Funding Source Description Category Reso # Amount ' Budgeted Amount Expended Remaining Balance Carryover Fund Balance FY 2015 TIF , Revenue. 22 Grant to the Clty of Miami for additional upgrades and Improvements to Gibson Park. Funds derive from the deallocation of the Greenway Project. Parks and Open Spaces (Capital Projects) 13-0046 $1,120,088 $13,089 $1,106,999 $1,106,999 23 Grant to the City of Miami for the design and construction of an indoor basketball gymnasium to be located at Gibson Park. Parks and Open Spaces (Capital Projects) 11-0058 $2,800,000 $1,865 $2,798,135 $2,798,135 24 Grant to the City of Miami for additional funding relating to the design and construction of an Indoor basketball gymnasium at Gibson Park. Parks and Open Spaces (Capital Protects) 13-0030 $600,000 $600,000 $600,000 25 Grant to the Clty of Miami for the renovation of Gibson Park Parks and Open Spaces (Capital Projects) 09-0012 $1,000,000 $818,896 $181,104 $181,104 26 Flfth Payment- Grant Agreement to Camillus House to assist with the construction of a new facility at 1603 NW 7th Ave, Miami, FL Quality of Life (Capital Projects) 10-0040 $2,000,000 $2,000,000 $2,000,000 28 Authorizing expenditure for mats for the Camillus House Quality of Life (Capital Projects) 14-0040 $175,000 $175,000 $175,000 30 Grant from Health Partnership Quality of Life (Programming) 14-0014 $10,000 10,000 10,000 31 Installation of a Purvis Young "Tribute" mural along the Metrorail guideway at NW llth Street and NW 3rd Avenue. Quality of Life (Programming) Motion that thismatter be adopted with modifications $120,000 120,000 120,000 32 Grant to the City of Miami to underwrite costs associated with the Installation and operation of the ShotSpotter Flex Gunfire Alert and Analysis Service as a pilot program throughout the Redevelopment Area. Quality of Life (Programming) 13-0067 $75,000 75,000 75,000 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. Funding Source Description Category Reso # Amount Budgeted Amount Expended Remaining Balance Carryover Fund Balance FY 2015 TIF Revenue 33 2013 Grant to Human Resource Staffing of Miami, Inc., to manage and operate a job creation/training program that will provide beautification and landscape maintenance services of various locations throughout the redevelopment area. Job Creation / Economic Development (Programming) 12-0064 $200,000 $202,726 -$2,726 -$2,726 34 2014 Grant to Human Resource Staffing of Miami, Inc., to manage and operate a Job creation/training program that will provide beautification and landscape maintenance services of various locations throughout the redevelopment area. Job Creation / Economic Development (Programming) 14-0011 $220,000 $37,920 $182,080 $182,080 35 Grant to Neighbors and Neighbors Association, Inc., to focus on assisting small businesses within the redevelopment area with building capacity and developing skills associated with business sustalnability. Job Creation / Economic Development (Programming) 12-0009 13-0018 $35,000 $23,986 $11„014 $11,014 36 Grant to Miami Dade College to underwrite costs associated with the continued operation of the Hospitality Institute Job Training and Job Placement Program. Job Creation / Economic Development (Programming) 13-0006 $300,000 $90,488 $209,512 $209,512 37 Grant to Miami Dade College to underwrite costs associated with the continued operation of the Culinary Institute Program. Job Creation / Economic Development (Programming) 13-0064 $50,000 $50,000 $50,000 38 2013 Grant to New Washington Heights Community Development Conference, Inc for the monthly open-air market that showcases various local vendors on the 9th Street Pedestrian Mali. Job Creation / Economic Development (Programming) 13-0010 $80,000 $80,405 -$405 -$405 12 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. Funding Source Description Category Reso # Amount Budgeted Amount Expended Remaining Balance Carryover Fund - - Balance'_ FY 2015 TIF `- Revenue 39 2014 Grant to New Washington Heights Community Development Conference, Inc for the monthly open-alr market that showcases various local vendors on the 9th Street Pedestrian Mall. Job Creation / Economic Development (Programming) 14-0017 $80,000 $44,244 $35,756 $35,756 40 Grant to Suited for Success, Inc. for Training and Professional Attire to Job Seekers. Job Creation / Economic Development (Programming) 12-0074 $50,000 $49,448 $552 $552 41 Grant to Suited for Success, Inc. for Training and Professional Attire to Job Seekers. Job Creation / Economic Development (Programming) 13-0065 $50,000 $22,923 $27,077 $27,077 42 Grant for 2013 Summer Youth Training Institute Job Creation / Economic Development (Programming) 13-0043 $155,000 $133,083 $21,917 $21,917 , 43 Grant for 2014 Summer Youth Training Institute Job Creation / Economic Development (Programming) 14-0038 $180,000 $79,906 $100,094 $100,094 44 Film Life Center - Chapman House Job Creation / Economic Development (Programming) 12-0067 $33,000 $38,539 -$5,539 -$5,539 45 Grant to Film Life inc. to underwrite a portion of the cost to operate and program the Miami Film Life Center and the CRA's Film institute. Job Creation / Economic Development (Programming) 13-0007 $300,000 $291,388 $8,612 $8,612 46 Grant to Film Life Inc. to underwrite a portion of the cost to operate and program the Miami Film Life Center and the CRA's Film Institute. Job Creation / Economic Development (Programming) NR $280,000 $280,000 $280,000 47 FY 2012 Youth Summer Employment Program / Robert Townsend Film Job Training Program Job Creation / Economic Development (Programming) 12-0068 $200,000 $188,344 $11,656 $11,656 48 Roots in the City/Farm Market Job Creation / Economic Development (Programming) 12-0051 $75,000 $74,996 $4 $4 13 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. Funding Source Description Category Reso # Amount Budgeted Amount Expended Remaining Balance.= Carryover Fund ` Balance FY 2015 TIF Revenue 49 FY 2013 American Black Film Festival Job Creation / Economic Development (Programming) 13-0023 $50,000 $50,550 -$550 -$550 50 FY 2013 Rhythm & Arts Festival June 2012 - $20K's reimbursement from the Miami Dade County was added to this encumbrance ($50K Resolution + $20K Reimbursement = $70K). Job Creation / Economic Development (Programming) 13-0024 $70,000 $47,560 $22,440 $22,440 51 Grant to Neighbors and Neighbors Association, Inc. to underwrite costs associated with the continued operation of the Business incubator and Development Program and the operation of the Community Workforce Training Program. Job Creation / Economic Development (Programming) 13-0044 14-0001 $80,000 $78,001 $1,999 $1,999 52 Grant to Neighbors and Neighbors Association, Inc. to underwrite costs associated with the continued operation of the Business Incubator and Development Program and the operation of the Community Workforce Training Program. (Additional Funding) Job Creation / Economic Development (Programming) 14-0037 $150,000 $150,000 $150,000 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. Funding Source Description Category Reso # Amount Budgeted Amount Expended Remaining Balance Carryover Fund Balance FY 2015 TIF Revenue 53 Grant to Villas of St. Agnes Condominium Association, Inc. to underwrite costs associated with the Installation of perimeter fencing surrounding the St. Agnes development. Infrastructure (Capital Projects) 14-0018 $150,000 $150,000 $150,000 54 Grant to the Black Archives for the Ward Rooming House Gallery Cultural Tourist Center Arts and Culture (Programming) 13-0022 $50,000 $43,524 $6,476 $6,476 55 Grant to the Black Archives for the Ward Rooming House Gallery Cultural Tourist Center Arts and Culture (Programming) NR $50,000 $50,000 $50,000 55 Grant to the Black Archives for Archival Collection, Marketing and Cultural Heritage Institute. Arts and Culture (Programming) 12-0081 $200,000 $199,910 $90 $90 56 Funds to be expended for Installation of the Lyric Plaza, located at 831 and 841 NW 2nd Avenue, Miami, Florida. Infrastructure (Capital Projects) 13-0049 $185,000 $14,560 $170,440 $170,440 57 Grant to the Black Archives for Archival Collection, Marketing and Cultural Heritage Institute. Arts and Culture (Programming) 14-0003 $572,000 $196,217 $375,783 $375,783 58 Commercial Lease Agreement with the Black Archives for the lease of office space for the CRA's administrative offices. (For two years) Administration / Arts and Culture (Programrning) 14-0002 $144,000 $144,000 $144,000 59 Funds to be used for the Overtown Music Festival. Arts and Culture (Programming) 14-0029 $75,000 $46,092 $28,908 $28,908 15 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. Description Category Reso# Amount Amount Remaining Budgeted Expended Balance 60 Grant to Lotus House SundariFoundation Quality of Life (Capital Projects) NR $194,540 61 Grant to Greater Beathel Church for repairs to the air conditioner unit In the Fellowship Hall Quality of Life (Capital Projects) 61 Funds to rehab the building located at 240 NW 17th Street, Miami Florida Affordable Workforce Housing (Capital Projects) 61 Grant to the Black Archives for installation of visual equipment. , Arts and Culture (Programming) 14-0044 NR 13-0052 $20,000 $450,000 $194,540 $ 20, 00 $450,00 $66,000 $65,857 514 <a; `+�: i:i ° ;. ubtotal 40,897,356 $4,779,071 $36,1182i1 Total Budget Amount Other Grants and Aids NR - No CRA Resolution R - CRA Resolution Passed Grants for Capital Projects Grants for Programming $3,117,951 $33,000,334 $36,118,285 $34,513,390 96% $1,604,895 4% $36,118,285 Funding Source Carryover FY 2015 Fund : TIF Balance Revenue $194,540 $20,000 1 $450,000 3 $143 $3i .455,765 ., $06 53D' $31,455,765 1: $4,662,520 $36,118,285 Note 1: FY 2013 Rhythm & Arts Festival June 2012 - $20K's reimbursement from the Miami Dade County was added to this encumbrance ($50K Resolution + $20K Reimbursement = $70K). Note 2: Proceeds of Sale of the Grand Promenade ($10,159,541) / This funding is intended to be used for residential developments in furtherance and enhancement of the Redevelopment Area. However, $2,849,964, out of the total proceeds have been allocated to the following projects: 1) Additional funding for the rehabilitation of Dunn Hotel $850,000, 2) Overtown Music Festival $75,000, 3) Purchase of Property $570,000 4) Additional funding to the Special Area Plan for Overtown Folk Life Plan $25,000 ($250,000 + $25,000 = $275,000), 5) Additional funding to the Business Incubator $70,000 ($80,000 + $70,000 = $150,000), 6) Securing , Demolition and painting of building located at 925 NW 2nd Avenue $30,000, 7) Additional funding to Holland Knight $50,000 ($150,000 + $50,000 = $200,000), 8) Additional funding to FACE Summer Youth Employment Program 2014 $25,000 ($155,000 + $25,000 = $180,000), 9) Camillus House Mat Program $175,000,10) Additional funding to Folk Life Super Club Gallery (Pool Hall) $65,424 ($784,576 +$65,424 = $850,000), 11) Additional funding to People Helping People $200,000 ($200,000 + $200,000 = $400,000), Funding for the Lotus House Sundari Foundation $194,540, 12) Funding for programming at the Ward Rooming House $50,000, 13) Funding for Greater Bethel Church for repairs to the air conditioner unit In the Fellowship Hail $20,000. and 14) Funds to rehab building located at 240 NW 17th Street, Miami Florida $450,000. 16 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. SEQPW Position Executive Director Assistant Executive Director Financial Officer Administrative Assistant Agenda Administrator/Assistant to the Executive Director Assistant Financial Officer Project inspector Architect Marketing Coordinator Grant Writer Office Assistant Business Coordinator Community Liaison Accumulated Annual Leave Contingency Regular Salaries $120,000 $95,000 $91,000 $33,395 $44,797 $40,654 $35,043 $92,000 $60,000 $60,000 $32,000 $40,000 $40,000 $15,000 $35,000 $833,890 Fica taxes $63,793 Health/Dental/Vision Insurance Executive Director Financial Officer Other CRA Staff Employee's Contribution Contingency Life and Health Insurance Retirement Contribution (457 Deferred Compensation and 401K) Executive Director Assistant Executive Director Financial Officer Administrative Assistant Agenda Administrator/Assistant to the Executive Director Assistant Financial Officer Project inspector Architect Marketing Coordinator Grant Writer/Part Timer Office Assistant Business Coordinator Community Liaison $63,793 $12,400 $3,120 $136,680 -$4,956 $15,000 $147,244 $33,000 $4,750 $11,830 $1,670 $2,240 $2,033 $1,752 $4,600 $3,000 $3,000 $1,600 $2,000 $2,000 Retirement Contribution Car Allowance Executive Director Assistant Executive Director Cell Phone Allowance Executive Director Assistant Executive Director Financial Officer Administrative Assistant Agenda Administrator Assistant Financial Officer Protect Inspector Architect Marketing Coordinator Grant Writer Business Coordinator Fringe Benefits THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. $73,474 $6,000 $2,400 $2,400 $1,200 $900 $900 $900 $1,800 $900 $900 $18,300 ADP - Payroll Processing Fee $3,900 (26 payroll periods X $150) Best Janitorial Supply (12 months x $365) Circle Security System (4 quarters X $175) ICMA Retirement - Annual Plan Fee Crystal Water Other Contractual Services - Contingency Other Contractual Services To include cost for travel out of the city for conferences and travel allowances. Travel and Per Diem Bellsouth (CRA Office) (12 months X $458) Communications $4,380 $700 $250 $800 $70,693 $80,723 $20,000 $20,000 $5,500 $5,500 FPL - 250 NW 10th (Parking-4) FPL - 1490 NW 3RD Avenue Suite 107/111/104/106/105/101 - 29914-87709/89191- 38365/56172-24182/12520-94360/57245- 64363/73416-59030 FPL - 247 NW 12th (Parking-2) FPL-1000 NW 3rd Avenue (Parking-3) FPL - Ward Rooming House (Account 27200-90022) Miami Water and Sewer -1490 NW 3rd Ave Miami Water and Sewer - 250 NW 10 street Miami Water and Sewer - 249 NW 9th Street (Ward Rooming House)(Account 4528988415) Miami Water and Sewer - 300 NW 11th Fire line Contingency Utility Service Auto Insurance (One (1) New Vehicles) Property Insurance/General/Liability Insurance Workers Compensation (Estimate) Insurance To include the cost of food associated to CRA Board Meetings/Ribbon Cutting Ceremonies. To include the cost of fuel. To include the cost of miscellaneous supplies. Other Current Charges THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. $1,800 $17,376 $1,358 $3,043 $1,758 $16, 800 $16,800 $858 $504 $10,000 $70,298 $4,500 $50,000 $3,000 $57,500 $10,000 $3,000 $3,000 $16,000 To include supplies necessary for use in the operation of an office, such as copy paper for the agendas and other office related supplies. Supplies To Include other supplies not office related. Ex, Misc. Project Construction and Site Signage Operating Supplies To include the cost of books, dues, memberships to organizations and Email marketing, Microsoft license, Westlaw, Bar Dues, Continuing Education and Florida Redevelopment Association among others. Subscription Membership/Training THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. $10,000 $10,000 $8,000 $8,000 $12,000 $12,000 To Include the cost of office furniture $2,000 Machinery and Equipment To include the expenses of placing advertisements In the newspapers or other publications. Ex. Board meetings Advertisements, RFPs and RFCis. Advertising Konica Minolta Copier (Black and White Copies and Color Copies)(12 months.x $125 + $100 allowance) Sharp Copier (Black and White Copies)(12 months x $323.04) Rental and Leases $2,000 $30,000 $30,000 $3,000 $4,000 $7,000 To Include the cost of stamps or other related item. Distribution of newsletter in the CRA area. Ex. Mailing services and FedEx. Postage To include the cost associated to any office/truck repair. Repair / Maintenance - Outside To include transfer of funds to the City of Miami Office of the City Clerk for services to be rendered as Clerk of the Board. Interfund Transfer Total FY 2015 Budget - Recurrent Expenditures THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. $2,000 $2,000 $2,000 $2,000 $30,000 $30,000 $1,489,721 SUBSTITUTED tERAL OPERATING TAX 1NCR>f{O c04 ti00.3 FY A14 MI kla: ' D ; VA1i1�1 REVENUES ESTIMATED C OF MIAMI - TAX INCREMENT (ORIGINAL BOUNDARIES) $7,964,038 $7,349,506 $614,532 ESTIMATED MIA DADE COUNTY - TAX INCREMENT (ORIGINAL BOUNDARIES)* $3,955,532 $4,566,718 ($611,186) ESTIMATED CITY 0 1AMI - TAX INCREMENT (EXPANDED BOUNDARIES) $238,026 $194,346 $43,680 ESTIMATED MIAMI DA. COUNTY -TAX INCREfv1ENT (EXPANDED BOUNDARIES)'K $0 $120,738 ($120,738) ESTIMATED CITY OF MIA TAX INCREMENT (PARK WEST ADDITION) $130,983 $0 $130,983 ESTIMATED MIAMI DADE CO -TAX INCREMENT (PARK WEST ADDITION) * $0 $0 $0 DISPOSITION OF LAND $0 $10,159,541 ($10,159,541) PARKING FEES $0 $147,671 ($147,671) GRANT FROM HEALTH FOUNDATION $0 $10,000 ($10,000) ESTIMATED CARRYOVER FUND BALANC $43,000,000 $27,960,526 $15,039,474 TOTAL REVENUES $55,288,579 $50,509,046 $4,779,533 REDEVELOPMENT EXPENDITURES PROFESSIONAL SERVICES - LEGAL $194,196 $365,360 ($171,164) ACCOUNTING AND AUDIT $25,000 $17,000 $8,000 PROFESSIONAL SERVICES - OTHER $1,198,057 $1,331,407 ($133,350) OTHER CONTRACTUAL SERVICES $690,008 $193,712 $496,296 LAND $1,022,017 $665,310 $356,707 INTERFUND TRANSFER (Debt Service) $440,059 $440,059 $0 INTERFUND TRANSFER (Grant) $538,266 $47,140 $491,126 DEBT SERVICE PAYMENT $8,909,873 $5,000,000 $3,909,873 CONSTRUCTION IN PROGRESS $4,423,097 $3,320,373 $1,102,724 OTHER GRANTS AND AIDS $36,118,285 $36,577,870 ($459,585) ADMINISTRATIVE EXPENDITURES REGULAR SALARIES $833,890 $958,890 ($125,000) FICA TAXES $63,793 $73,355 ($9,562) LIFE AND HEALTH INSURANCE $147,244 $147,244 ($0) RETIREMENT CONTRIBUTION $73,474 $78,024 ($4,550) FRINGE BENEFITS $18,300 $16,800 $1,500 OTHER CONTRACTUAL SERVICE $80,723 $29,830 $50,893 TRAVEL AND PER DIEM 20,000 $20,000 $0 COMMUNICATIONS 5,500 $5,500 $0 UTILITY SERVICE $ 98 $72,748 ($2,450) INSURANCE $57, `1 $57,500 $0 OTHER CURRENT CHARGE $16,00. $16,000 $0 SUPPLIES $10,000 $10,000 $0 OPERATING SUPPLIES $8,000 $8,000, $0 SUBSCRIPTION MEMBERSHIP/TRAINING $12,000 12,000 $0 MACHINERY AND EQUIPMENT $2,000 • 000 t: $0 ADVERTISING $30,000 $31, `10 $0 RENTAL AND LEASES $7,000 $7,06 ` $0 POSTAGE $2,000 $2,000 $0 REPAIR/MAINTENANCE - OUTSIDE $2,000 $2,000 $0 INTERFUND TRANSFER $30,000 $30,000 $0 FY 2015 BUDGET RESERVE - ADMINISTRATION $240,000 $971,924 ( "•1,9241 TOTAL EXPENDITURES $55,288,579 $50,509,046 $4,7 33 * Capped amount from the County Ordinance enacted In year 1982