HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID: 16-00024
Date: 1/14/2016
Commission Meeting Date: 2/11/16
Type: Resolution
Requesting Department: CITP
District Impacted: District 2
Ordinance Emergency Ordinance n Discussion Item n Other
Law Department
Matter ID No.
Subject: Resolution of the Miami City Commission accepting a contribution of funds from the
Department of Offstreet Parking a/k/a/ Miami Parking Authority in an amount not exceeding
$1,300,000.00 for the reconfiguration of the Regatta Park Parking Lot (Phase 2), Capital Project B-
30182B
Purpose of Item:
To accept a contribution of funds from the Marking Parking Authority ("MPA") in an amount not exceeding
$1,300,000,00 for the reconfiguration of the Regatta Park Parking Lot (Phase 2) Capital Project B-30182B. Estimated
project costs is $1,282,460.00 inclusive of contingency allowance.
Background Information:
The City of Miami (City) advertised the Coconut Grove Waterfront Masterplan (Regatta Park) Project, B-30182B
((the "Project") by way of ITB-14-027, which included work scope to reconfigure and enhance two (2) surface parking
lots located at the Project site. The bid responses received by the City reflected higher construction costs than was
expected and so the City elected to proceed with the Project with the intent of phasing the projects to allow for the
surface parking lots to be improved once additional project funds became available. The City realized value -
engineering cost savings and was able to fund the construction costs to complete one (1) surface parking lot. The
MPA has now authorized a grant to fund the cost of construction to improve the second surface parking lot.
With the MPA's fund contribution, this Project (Phase 2) is fully funded. Expenses will be lodged against Capital
Project B-30182B,
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: N/A
Special Revenue Account No: N/A
CITP Project No: B-30182B
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost: N/A
Maintenance Cost: N/A
Total Fiscal Impact: $1,300,000
CIP N/A
Procurement
Chief
Final Approvals
SIGN AND AT
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Ris c Managem
Dept. Direct
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