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HomeMy WebLinkAboutSummary FormDate: 11/05/14 AGENDA ITEM SUMMARY FORM FILE ID: 14-01008 Requesting Department: CITP Law Department Matter ID No. 14-2064L Commission Meeting Date: 11/20/14 District(s) Impacted: 2 Type: ® Resolution n Ordinance ❑ Emergency Ordinance ❑ Discussion Item n Other Subject: Resolution authorizing the City Manager to execute a Joint Participation Agreement with the Department of Off -Street Parking, a/k/a/ Miami Parking Authority for the Peacock Park Parking Lot Project No. B-75883. Purpose of Item: To authorize the City Manager to execute a Joint Participation Agreement ("JPA") with the Department of Off - Street Parking, a/k/a/ Miami Parking Authority ("MPA") for the Peacock Park Parking Lot Project No. B-75883 ("Project"). Per MPA Board ("Board") Resolution No. 14-04, the MPA wishes to support the City's efforts by providing funding in an amount not to exceed $200,000.00. The City will be responsible for the design, construction, inspection, management and administration of the Project. Grant funds are to be appropriated by separate resolution. Background Information: The City and the MPA wish to re -configure the existing parking lot and provide upgrades to the surrounding area at Peacock Park, located at 2820 McFarlane Road, Miami, FL. The Project scope includes, but is not limited to, French drains, new sidewalks, asphalt, curbs and gutters, milling and resurfacing, signage and pavement markings, lighting and landscaping. The total cost of the project is $302,971.02. The MPA will assist the City by providing funding in an amount not to exceed $200,000.00. This resolution accepts the MPA's grant funding, in the amount of $200,000.00 and seeks authorization for the City Manager to execute the attached JPA for the Grant, for said purpose. 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-75883 NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: $302,971.02 Final Approvals SIGN AND DATE CIP N/A Bu et / 7 /" If using or receiving capital funds Grants N/A Risk Management�v N/A Purchasing N/A Dept. Dire for — Chief City Manager