HomeMy WebLinkAboutSummary FormDate: 11/2/12
AGENDA ITEM SUMMARY FORM
FILE ID: /q- 0/3 yU
Requesting Department: CIP
Commission Meeting Date: 12/13/12 District Impacted: 2
Type: ® Resolution ❑ Ordinance n Emergency Ordinance ['Discussion Item
Law Department
Matter ID No.
111 Other
Subject: To authorize Amendment No. 3 to the grant agreement with Museum of Science, Inc. d/b/a
Miami Museum of Science and Planetarium ("MMOS"), which increases the grant amount by $548,375,
from $2,151,625 to a total amount not to exceed $2,700,000, to support the development of a new
museum facility in the City of Miami owned Bicentennial Park.
Purpose of Item:
To authorize Amendment No. 3 to the grant agreement with MMOS, which increases the grant amount by
$548,375, from $2,151,625 to a total amount not to exceed $2,700,000, to support the development of a new
science museum and planetarium facility ("Project") in the City of Miami owned Bicentennial Park. MMOS has
secured and provided evidence of the required match of $548,375. The updated scope of work and project budget
are detailed in Exhibit A-3, attached and incorporated. Funds are available from Capital Improvement Project No.
B-78502A, entitled "Miami Science Museum - Development in Bicentennial Park".
Background Information:
MMOS has requested funds to support development activities related to the Project, including exhibit prototyping
and design costs. This amendment also releases the remaining funds allocated to. MMOS, .approved by a
referendum of the voters in November, 2001, as a specified project in the Homeland Defense Neighborhood
Improvement bond program.
The funds will be, provided on a reimbursement basis and are subject to the requirements of the Homeland
Defense/Neighborhood Improvement bond program.
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:
CIP Project No: B-78502A A;,uct-d # IS B 1
YES Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
$548,375
Final Approvals
(SIGN AND DATE)
CIP \ Budget t-
If using or receiving capital funds
Grants N/A
Purchasing N/A
7A/2-7 2/7-2-----
Chief
Risk Ma>a`agement
Dept. Director
City Manae
Project Manager: John De Pazos
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