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Home My WebLink AboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #2811 Date: 08/14/2017 Commission Meeting Date: 09/19/2017 Requesting Department: Office of Management and Budget Sponsored By: District Impacted: All Type: Resolution Subject: Approve FY 2017-18 Multi -Year Capital Plan Purpose of Item: To approve the City of Miami's "Fiscal Year 2017-18 Multi -Year Capital Plan" as required by the Community Planning Act, more particularly, Section 163.3177, Florida Statutes (2017), and pursuant to Chapter 18/Article IX/Divisions 1 and 2 of the Code of the City of Miami, Florida, as amended ("City Code"), entitled "Financial/Financial Policies/Anti-Deficiency Act/Financial Integrity Principles". Background of Item: The Office of Capital Improvements is tasked with the responsibility to execute capital improvement projects. Pursuant to Chapter 18/Article IX/Divisions 1 and 2 of the City Code, entitled "Financial/Financial Policies/Anti-Deficiency Act/Financial Integrity Principles," the City is required to prepare a capital plan detailing improvements needed to support City services. The proposed capital plan identifies $2.171 billion in projects ($452.503 million funded, $179.999 million partially funded, and $1.538 billion unfunded) for the Fiscal Year plus five additional years. The six year plan includes 869 projects (547 active and 322 future). During the current Fiscal Year new capital appropriations totaling $73.133 million will be used to fund 87 projects that currently have an active or future status as detailed in the capital plan. Budget Impact Analysis Item is NOT Related to Revenue Item is an Expenditure Item is NOT funded by Bonds Total Fiscal Impact: $632.502 million CIP Project No: various Reviewed B Office of Management and Budget Yvette Smith Budget Analyst Review Completed 08/24/2017 12:41 PM Office of Management and Budget Christopher M Rose Department Head Review Completed 08/26/2017 6:03 AM City Manager's Office Fernando Casamayor Assistant City Manager Review Completed 08/28/2017 5:02 PM City Manager's Office Daniel J. Alfonso City Manager Review Completed 08/28/2017 5:20 PM Legislative Division Marta Gomez Legislative Division Review Completed 08/28/2017 5:22 PM Office of the City Attorney Valentin J Alvarez Deputy City Attorney Review Skipped 09/05/2017 5:57 PM Office of the City Attorney Victoria Mendez Approved Form and Correctness Completed 09/05/2017 6:39 PM City Commission Nicole Ewan Meeting Completed 09/14/2017 5:05 PM City Commission Nicole Ewan Meeting Completed 09/19/2017 5:05 PM Office of the Mayor Mayor's Office Signed by the Mayor Completed 09/20/2017 4:01 PM Office of the City Clerk City Clerk's Office Signed and Attested by the City Clerk Completed 09/20/2017 4:10 PM Legislative Division Marta Gomez Legislative Division Review Completed 03/14/2019 4:33 PM Office of the City Attorney Barnaby L. Min Deputy Attorney Review Completed 03/14/2019 4:51 PM Office of the City Attorney Victoria Mendez Approved Form and Correctness with Modification(s) Completed City of Miami Legislation Resolution Enactment Number: R-17-0445 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 2811 Final Action Date:9/19/2017 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING THE CITY OF MIAMI ("CITY") FISCAL YEAR 2017-18 MULTI -YEAR CAPITAL PLAN AS REQUIRED PURSUANT TO THE COMMUNITY PLANNING ACT, SPECIFICALLY SECTIONS 163.3161 AND 163.3177, FLORIDA STATUTES (2017), AND PURSUANT TO CHAPTER 18/ARTICLE IX/DIVISIONS 1 AND 2 OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, ENTITLED "FINANCIAL/FINANCIAL POLICIES/ANTI-DEFICIENCY ACT/FINANCIAL INTEGRITY PRINCIPLES," TO SET FORTH THE CITY'S FISCAL NEEDS FOR CAPITAL IMPROVEMENTS SUBJECT TO AN ANNUAL PLAN REVIEW, DETERMINE PROJECT PRIORITIES, ADD NEW CAPITAL PROJECTS, AND MODIFY FUNDING ALLOCATIONS AS NECESSARY. WHEREAS, a capital improvement programming process to support the Comprehensive Plan is required by the Community Planning Act ("Act"), specifically Sections 163.3161 and 163.3177, Florida Statutes (2017), and pursuant to Chapter 18/Article IX/Divisions 1 and 2 of the Code of the City of Miami, Florida, as amended ("City Code"), titled "Finance/Financial Policies/Anti-Deficiency Act/Financial Integrity Principles"; and WHEREAS, the City of Miami's ("City") Fiscal Year 2017-18 Proposed Multi -Year Capital Plan ("Plan") incorporates the previous Fiscal Year 2015-16 Multi -Year Capital Plan set forth in Resolution No. 16-0393 adopted September 6, 2016, as subsequently amended by Resolution No. 16-0445 adopted September 20, 2016, Resolution No. 16-0565 adopted November 17, 2016, Resolution No. 17-0108 adopted March 9, 2017, Resolution No. 17-0206 adopted April 27, 2017, and Resolution No. 17-0316 adopted June 22, 2017; and WHEREAS, the Plan is a policy and management tool to plan municipal borrowing and indebtedness over a period of time, to establish annual expenditures within a framework of long- range fiscal requirements, and to serve as an official statement of the City's development plans; and WHEREAS, the City Commission has determined to transfer legally available funds from the District 4 Project No. 40-B30770 S.W. 22nd Avenue Median U.S. 1 to Coral Way to the District 4 Project No. 40-B30614 for Miscellaneous Street Maintenance Projects; and WHEREAS, the City Commission desires that the Plan should be further amended to include all of the applicable changes contained in the City Manager's memorandum titled "First Budget Hearing Changes Memo-FY 2017-18 Proposed Budget" regarding the Operating and Capital Budgets along with any other subsequent changes; and WHEREAS, it is in the best interests of the City to authorize, ratify, approve, and confirm certain necessary actions of the City Manager and designated City Departments in order to update the relevant financial controls, project close-outs, accounting entries, and computer systems in connection therewith and for grants in progress; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The City's Plan is approved as required by Sections 163.3161 and 163.3177, Florida Statutes, and Chapter 18/Article IX/Division 1 and 2 of the City Code to set forth the City's fiscal needs for capital improvements, subject to an annual Plan review, to determine project priorities, to add new capital projects, and to modify funding allocations, as necessary. Section 3. The Plan as presented to the City Commission, filed with the City Clerk, and posted on the City's website on July 7, 2017, and as amended on the floor is incorporated herein by reference and may be further amended to include all of the applicable changes contained in the memorandum titled "First Budget Hearing Changes Memo — FY 2017-18 Proposed Budget" regarding the City's Operating and Capital Budgets along with any other subsequent changes. Section 4. Certain necessary actions by the City Manager and designated City Departments in order to update the relevant financial controls, project close-outs, accounting entries, and computer systems in connection therewith and for grants in progress are hereby authorized, ratified, approved, and confirmed. Section 5. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.' APPROVED AS TO FORM AND CORRECTNESS: APPROVED AS TO FORM AND CORRECTNESS: 'If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission.