HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID: . 15-01466
Date: 10/27/15 Requesting Department: City Manager
Commission Meeting Date: 12/10/2015 District Impacted:
Type: /1 Resolution U Ordinance n Emergency Ordinance Discussion Item
❑ Other
Subject: Port of Miami Tunnel Interest Payment
Purpose of Item:
Law Department
Matter ID No.
14-2326
Authorize the City Manager to pay to the State of Florida Department of Transportation the City's
final contribution share of interest in relation to the Port of Miami Tunnel project and execution of all
related necessary documents.
Background Information:
In compliance with the requirements of the Master Agreement the City of Miami entered into
regarding the Public Private Partnership for the Port of Miami Tunnel and Access Improvement
Project, there is a final interest payment to be made in the amount of $1,512,189.20 as the City's final
contribution.
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: 0001.98000.772000
Special Revenue Account No:
CIP Project No:
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
Final Approvals
(SIGN AND DATE)
CIP Budget
If using or receiving capital funds
Grants Risk Management
Purchasing Dept. Director
Chief 1'4? ► y~ City Manager
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