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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: 14-00968 Date: 9/15/14 Commission Meeting Date: 10/23/14 Requesting Department: CITP District(s) Impacted: 5 Law Department Matter ID No. Type: M Resolution n Ordinance (l Emergency Ordinance ❑ Discussion Item n Other Subject: Resolution accepting funds and authorizing the execution of a Joint Participation Agreement with Miami -Dade County for the NE 2nd Ave (NE 42nd St to NE 51st St) - Segment B3 Project, B-78508. Purpose of Item: To accept funds and authorize the City Manager to enter into a Joint Participation Agreement (JPA) with Miami -Dade County (County) for the NE 2nd Ave (NE 42nd St to NE 51st St) - Segment B3 Project, B-78508. This agreement provides that the County will contribute $4,452,661, for construction of the project. Funds are to be appropriated by separate resolution. Background Information: The City and the County wish to facilitate construction of a Roadway improvements project located in Miami -Dade County. The NE 2nd Ave (NE 42nd St to NE 51st St) - Segment B3 Project ("Project") scope consists of roadway reconstruction along NE 2 Avenue from NE 42 Street to NE 51 Street which includes; a new stormwater system, sidewalks, curb and gutters, pavement markings, signage, signalization, decorative lighting, and landscaping. The County wishes to utilize the resources of the City to contract and construct the Project. The attached Joint Participation Agreement (JPA) provides that the County will contribute $4, 452,661, for construction of the Project. 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: 13-7g5-0 NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: $4,452,661 Final Approvals (SIGN AND DATE)— CIP N/A If using or receiving capital funds Grants N/A Purchasing N/A Chief G� Budget 7 Risk Magement N/A Dept. Director y r City Manage .► fArks' Page 1 of 1