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HomeMy WebLinkAboutSummary FormDate: 4/22/2011 AGENDA ITEM SUMMARY FORM FILE ID: //` pQ t` &5 Law Department Matter ID No. /i-SIB Requesting Department: Parks and Recreation Commission Meeting Date: 6/9 /2011 District Impacted: District 2 Type: ❑ Resolution 7 Ordinance n Emergency Ordinance ❑ Discussion Item Other Subject: Resolution authorizing the acceptance of an additional $16,000 towards the new outdoor exercise equipment at Margaret Pace Park increasing the total grant amount received from the Omni Redevelopment District CRA from $50,000 to $66,000. Purpose of Item: A Resolution of the Miami City Commission authorizing the acceptance of an additional $16,000 for the purchase and installation of a new rubber surface foundation for the new outdoor exercise equipment at Margaret Pace Park, located at 1775 North Bayshore Drive, Miami, F1, increasing the total grant amount received from the Omni Redevelopment District Community Redevelopment Agency (CRA), from $50,000, as previously approved through Resolution 10-0366 to $66,000; further authorizing the acceptance of said grant; and authorizing the City Manager to execute all documents necessary for said purpose. Background Information: The Omni Redevelopment District (CRA) previously provided a grant to the City, in the amount of $50,000 for the purchase and installation of outdoor exercise equipment at Margaret Pace Park. After said award to the City, the CRA requested the additional improvement of a new rubber surface for said exercise equipment, which costs an additional $16,000 to provide. Accordingly, this Resolution authorizes and also accepts the additional $16,000 from the CRA for the provision of the new rubber surface; further authorizing the City Manager to execute the necessary documents for this purpose. Budget Impact Analysis YES Is this :item related to revenue? NO Is this'ite'm 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: $16,000 CIP, Final Approvals (SIGN AND DATE) Budget If using'oc'�eceivin capital) fdnds Grants Risk Manageme /ept. Director /C/ity Manager Page 1 of 2 C•/