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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID; 15-00858 Requesting Department: apartment of Real Estate and Asset Management Commission Meeting Date: 7/9/2015 District Impacted; 2 Type: g Resolution L1 Ordinance ri Emergency Ordinance E Discussion Item E Other Law Department Matter ID No. 15-1189 Subject: Interlocal Agency Agreement ("Agreement") between the City of Miami ratv"1, the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") arLd the South Florida Regional Transportation Authority ("Trl-Rail") Purpose of Item: A Resolution of the City of Miami Commission, with attachment(s), authorizing the City Manager to execute an Interlocal Agency Agreement, in substantially the attached form, between the City of Miami ("City"), the Southeast Overtown/Park West Community Redevelopment Agency ("CRA") and the South Florida Regional Transportation Authority ("Tri-Rail"), allowing the CRA to contribute an amount not to exceed seventeen million five hundred twenty eight thousand dollars and no cents ($17,528,000.00) to Tri-Rall for the proposed extension of the Tri-Rall Service to Downtown Miami, with terms and conditions as more specifically set forth in said Agreement, See Supplemental Sheet, Budget ImpactAnalysis 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: NO Is this item funded by Homeland Defense/NeIghborhood Improvement Bonds? Start Up Capital Cost; $17,528,000 Maintenance Cost: SI) Total Fiscal Impact: $17,528,000 Final Approvals (SIGN AND DATEI CIP N/A, If using or receiving cnpital funds Grants N/A Risk Management Purchasing Dept, Director Chief City Manage Budget Page 1 of 2 Subject, |ntedoca|Agency Agreement(" )between the City of Miami ("City")'the Southeast Overbxmn/PerkWest CnnlmunitY.RmdeVe|ppmentAgmnoy("CRA" and the South Florida Regional Transportation Background Information; The City of Miami Is a duly recognized municipal corporation of the State of Florida and pursuant to F.S.A. Section 343.S3,the South Florida Regional Transport Authority b0political agency ofthe State VfFlorida, The attached Agreement iaentered Into upon the authority granted t0the parties byP.S.A.Section DS8.01/ which permits local governmental units the abilities required to make the most efficient use of their'powers by enabling them to cooperate with other localities on a basis of mutual advantage and thereby to provide services and facilities in o nooDOer and pursuant to forms of governmental organization that will accord best with geographic, economic, population, and other- factors influencing the needs and development of |000| oon0mVn|t|nx. The CKA has determined that It would be in the best Interest VfOmxrtoxwn residents, through on |o:naama in foreign tourism dollars brought tothe City nfMiami *nwell amthe facilitation 0feasier travel northward for Overtown residents and to relieve some of the congestion present on SouthPlorlda's busiestroodmayo/tohave Tri-Rall extend Its service capability to Downtown Miami from Its current end In Hialeah, FL. The CRA has, by proper resolution attached hereto and by reference made a part hereof, authorized Its officer(s) to enter into this AGREEMENT and it is an express condition precedent to disbursement or payment of any funding this Agreement that the funding committed by the State of Florida, the Miami -Dade County, and the CRAbeen allocated, bound and committed, Page 2 of 2