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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: 13-01406 Date: 2/15/14 Requesting Department: CIP Commission Meeting Date: 5/8/14 District(s) Impacted: 5 Type: ® Resolution n Ordinance n Emergency Ordinance n Discussion Item ❑ Other Subject: Resolution accepting funds and authorizing the City Manager to execute .,a Grant Acceptance Agreement with the Miami Foundation, Inc., for the gymnasium at Gibson Park, Project No, B-30305B. Purpose of Item: Law Department Matter ID No. 13-2676L RJJ To accept funds, in an amount not to exceed $1,000,000, from the Miami Foundation, Inc., for the gymnasium at Gibson Park, Project No. B-30305B. This resolution further authorizes the City Manager to execute a Grant Acceptance Agreement, in substantially the attached form, for said purpose. Background Information: The City of Miami will be constructing an indoor basketball gymnasium to be located at Gibson Park, 401 Northwest 12th Street, Miami, Florida ("Project"). The scope of work includes Men's and Women's Restrooms, Cooking Kitchen including equipment, storage and Concession Area, Equipment Storage Area, Mechanical, Electrical, Janitor Rooms, Ticketing Office ("Gymnasium Improvements") and associated amenities. In response to the community's request for additional upgrades to the Gymnasium Improvements, the Miami Foundation, Inc., ("Foundation") c/o The Play to Win Fund, a Florida non-profit corporation, has committed to provide funding, in an amount not to exceed $1,000,000 ("Grants Funds"). The Grant Funds from the Foundation shall be used solely for costs associated with the Gymnasium Improvements subject to certain stipulations, terms and conditions and in accordance with the proposed project scope to be set forth in the Grant Acceptance Agreement ("Agreement") between the City and the Foundation. Grant Funds will serve as an equal match to the additional funding to be provided by the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA"), with the acceptance of the related SEOPW CRA Grant occurring by separate resolution. Budget Impact Analysis YES 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-30305B YES Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: $1,000,000 Final Approvals (SIGN AND DATE) CIP N/A Bud If using or receiving capital funds Grants N/A Risk Management Purchasing N/A Dept. Directo Chief j''' City Manager, y