HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM,
FILE ID: 15-00243
Date: 2/11/2015 Requesting Department: CITP
Commission Meeting Date: 3/2266/2015
Type: Resolution Ordinance Emergency Ordinance I I Discussion Item
Other
District Impacted: District 5
Law Department
Matter ID No.
15-103
Subject: Resolution accepting fiends in the amount of $2,000,000.00 and authorizing the City Manager to
execute a Grant Agreement with the State of Florida, Department of Economic Opportunity ("DEO"), for Capital
Improvements and Transportation Program Project No. B-78513, "NE 2j1d Avenue/Design District").
Purpose of Item:
To accept funds, in the amount of $2,000,000,00 from the State of Florida, Department of Economic
Opportunity ("DEO") to fund the cost of infrastructure and rights -of -way improvements within the Miami
Design District along NE 2nd Avenue between NE 38t'' Street and NE 42nd Street associated with the Capital
Improvement and Transportation Program Project No. B-78513, "NE 2nd Avenue/Design District Project" (the
"Project"). This resolution further authorizes the City Manager to execute a Grant Agreement in substantially
the attached form, with the DEO for said purpose.
Background Information:
In October 2014, CITP was noticed about a $2,000,000.00 public improvement DEO grant that could be made
available to the City, The DEO grant requires a 50% match. The grant program allowwfor the required 50%
match contribution (calculated at $1,000,000.00) to be provided in either the form of a cash contribution or a
capital project that benefits the area. In January 2015, the DEO confirmed that Capital Improvement and
Transportation Program Project No. B-78508 qualifies to serve as the City's required funding match. However,
all work on both the Project and the City's match funding capital project needed to be substantially completed
by June 30, 2015, The Grant Funds from the DEO shall be used solely for costs associated with the
infrastructure and right-of-way improvements,
Budget Impact Analysis
's./ --Nee 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:
CIF Project No; B-78513 and B-78508
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bond?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
CIP
V
$5000,000.00 Final Approvals
.(SIGN AND DATE
Budge
If using or receiving capital funds
Grants
Risk Maagement
Purchasing _ Dept. Director
Chief Z City Manager
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