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HomeMy WebLinkAboutR-14-0346City of Miami Legislation Resolution: R-14-0346 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 14-00873 Final Action Date: 9/11/2014 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), ACCEPTING REIMBURSEMENT GRANT ("GRANT") FUNDS FROM THE MIAMI-DADE COUNTY ("COUNTY") ECONOMIC DEVELOPMENT FUND PROJECT 124 OF BUILDING BETTER COMMUNITIES GENERAL OBLIGATION BONDS, IN AN AMOUNT NOT TO EXCEED $6,000,000.00, FOR THE FLAGLER STREET RECONSTRUCTION PROJECT, B-30606; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE AN INTERLOCAL AGREEMENT WITH THE COUNTY FOR THE GRANT, IN SUBSTANTIALLY THE ATTACHED FORM, FOR SAID PURPOSE. WHEREAS, the City of Miami ("City") received an award for a reimbursement grant ("Grant") from the Miami -Dade County ("County") Economic Development Fund Project 124 ("Project 124") of Building Better Communities General Obligation Bond Program ("GOB") for the Flagler Street Reconstruction Project, City Project No. B-30606 ("Project"), in an amount not to exceed $6,000,000.00; and WHEREAS, pursuant to Resolution No. 616-14, adopted July 1, 2014, attached and incorporated, the Board of County Commissioners approved an allocation of a not to exceed amount of $6,000,000.00, to the City from Project 124 for certain public infrastructure improvements as described in "Exhibit A", attached and incorporated, in connection with the reconstruction of Flagler Street in downtown Miami that will attract new development, investment, and businesses, and result in the creation of new permanent jobs in Miami's downtown central business district, as described in "Exhibit B", attached and incorporated; and WHEREAS, the Project is a major infrastructure improvement with a scope that includes a complete reconstruction of Flagler Street between Biscayne Boulevard and Southwest 1st Avenue, Miami, Florida, with hardscape and landscape, roadway and drainage improvements, decorative street and pedestrian lighting, utilities relocation, and signage and pavement markings; and WHEREAS, this Project will enhance the walkability, promote retail and commercial business growth, and provide additional permanent jobs throughout the central business district of downtown Miami; and WHEREAS, the Interlocal Agreement ("Agreement") with the County for the Grant does not require the City to provide matching funds; and WHEREAS, the estimated project cost is $13,000,000.00, of which the City has allocated $6,000,000.00 in Street Bond Funds; and WHEREAS, pursuant to Resolution No. 14-0167, adopted May 8, 2014, attached and incorporated, the City Commission approved a Flagler Street Special Assessment District which will result in the remaining $1,000,000.00 required to complete the project; and City of Miami Page 1 of 2 File Id: 14-00873 (Version: 1) Printed On: 1/11/2018 File Number: 14-00873 Enactment Number: R-14-0346 WHEREAS, this resolution accepts the GOB reimbursement grant funding, in the amount of $6,000,000.00, and seeks authorization for the City Manager to execute the attached Agreement for the Grant, for said purpose; and WHEREAS, grant funds are to be appropriated by a separate City Commission resolution for the City's Capital Improvements Program; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as fully set forth in this Section. Section 2. Funds, in an amount not to exceed $6,000,000.00, consisting of a reimbursement grant from the County's Project 124 GOB, for the Project, are accepted. Section 3. The City Manager is authorized{1} to execute an Agreement with the County for the Grant, in substantially the attached form, for said purpose. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} Footnotes: {1} The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. {2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 2 of 2 File Id: 14-00873 (Version: 1) Printed On: 1/11/2018