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HomeMy WebLinkAboutCRA-R-15-0046 Financial FormAGENDA ITEM FINANCIAL INFORMATION FORM CITY OF MIAMI COMMUNITY REDEVELOPMENT AGENCY SEOPW CRA CRA Board Meeting Date: November 26, 2015 CRA Section: Finance Brief description of CRA Agenda Item: Authorizing the exercise of the CRA's options to renew its service agreement with Horsepower Electric, Inc. to provide streetlight maintenance service on CRA-maintained streetlights for the period of September 1, 2015 through August 31, 2016, Project Number (if applicable): "YES, there Account Code: are sufficient funds in Line Item: 10050.920101.534000.0000.00000 (SMOPW) Amount: $25,000.00 ❑ NO Amount Balance Amount Sufficient funds (Complete the following source of funds information): budgeted in the line item: $ in the line item: $ needed in the line item: $ will be transferred from the following line items: ACTION ACCOUNT NUMBER TOTAL Project No./Index/Minor Object . From $ To $ From $ To $ Comments: Funds derived from vroceeds of sale of block 56 in the amount of $1,625,000. Remaining balance is $200,000 ($1,625,000 - $400,000 (Architectural Services - $900,000 (policing services) - $65,000 (Black Police Precinct) - $15,000 (2015 holiday tree lighting event) - $20,000 (Miami Shelter Program -Additional Funds) - $25 000 streetli_ht .intenance agreement Approved by: C'' Executive Director/Designee APPROVAL ate: