HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID: 15-00170
Date: 1/27/2015
Commission Meeting Date: 3/12/2015
Type: < Resolution
Other
Requesting Department: CITP
District Impacted: 2
Ordinance P1 Emergency Ordinance ( f Discussion Item
Law Department
Matter ID No.
15-148
Subject: Resolution to accept contribution of $1,002,362 from the Florida Department of
Transportation ("FDOT") to help offset costs associated with the Coral Way Trolley service.
Purpose of Item:
To authorize the City Manager to execute a Joint Participation Agreement with the Florida
Department of Transportation and accepting the State of Florida's contribution, in the amount of
$1,002,362 for operating costs associated with the Coral Way trolley services.
Background Information:
On October 27, 2011, pursuant to Resolution No. 11-0454, the City Commission authorized execution
of an Interlocal Agreement, subsequently dated March 5, 2012, with Miami -Dade County for the
provision of Public Transportation Services which, among other things, formally established the Coral
Way route. On November 15, 2012, pursuant to Resolution No. R-12-0443, the City Commission
authorized the City Manager to execute a modification to the Coral Way route expanding
transportation options to travelers. This action will provide for funds to support operations for the
Coral Way trolley service. The required 50% matching funds are to be allocated from the City's
shares of the Transit Surtax.
Budget Impact Analysis
NCB 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: 40 Coral Way Trolley
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
CIP
$1,002,362
If using; or receiving capital funds
Grants
Purchasing
Chief
Final Approvals
(SIGN AND DATE)
Budget
Risk Manfagement
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Dept. Director
City Manage Art
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