HomeMy WebLinkAboutSummary FormDate: 4/28/2016
AGENDA ITEM SUMMARY FORM
FILE ID: 16-00441
Requesting Department: Office of Management and Budget
Commission Meeting Date: 5/12/2016
District Impacted: Citywide
Type: Resolution Ordinance Emergency Ordinance Discussion Item
❑ Other
Subject: Resolution amending the Fiscal Year 2015-16 Multi -Year Capital Plan (Mid -Year Capital Amendment)
Purpose of Item:
Law Department
Matter ID No.
To reprogram and re -appropriate existing funding sources, appropriate new funding sources, and to amend the Fiscal Year
2015-16 Multi -Year Capital Plan pursuant to Resolution No. 15-0394, adopted September 10, 2015, as subsequently
amended by Resolution No. 15-0416 and Resolution No, 15-0424 both adopted September 24, 2015, Resolution No. 15-
0463 adopted October 22, 2015, Resolution No. 15-0547 adopted December 10, 2015, and Resolution No. 16-0021
adopted January 14, 2016 to reflect the reprogramming of existing funding.
Background Information:
This resolution reprograms and re -appropriates existing funding to high -priority projects from projects that are complete
or are of a lower immediate priority. This new appropriation, as well as reprogramming of existing funding to continue
projects requires that the existing Capital Plan, adopted as Resolution No. 16-0021, be amended to reflect these changes.
New appropriations of grants from the Florida Inland Navigation District are established in the amount of $2,417,500 to
fund various capital projects as contained herein. A contribution from the Miami Parking Authority is established to fund
the Regatta Park Project (40-B30182B) in the amount of $1,300,000. A new appropriation of a grant from the National
Trust for Historic Preservation in the amount of $80,000 is established to fund the Marine Stadium Flex Park
Development (40-B30688). A contribution from the City of Miami General Fund dollars is established in the amount of
$11,170,500 to fund various capital projects as contained herein. A contribution from City of Miami Special Revenue
Fund dollars in the amount of $33,300 is established to fund the New Legislative Information System Project (40-
B70978A). A new appropriation of Transit Half Cent Surtax dollars is established in the amount of $2,000,150 to fund the
City of Miami Trolley Acquisition Project (40-B70715E). A new appropriation of Impact Fees is established in the
amount of $507,057 to fund the New Fire Rescue Apparatus Capital Vehicle Acquisition Project (40-B72810A) and the
Underline Project capital improvements (40-B40598).
Budget Impact Analysis
YES 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:
Maintenance Cost:
Total Fiscal Impact:
CIP
If using or r cei
Grants
Purchasin
Chief
$17,508,507
Final Approvals
.(SIGN AND DATE) r Bud .et/el%
Risk Management
Dept. Directo
City Manager
Pagel oft
N/A