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Home My WebLink AboutExhibit A SUBFY 2018 AMENDED BUDGET 6/2212018 THIS DOCUMENT IS A SUBSTITUTION. ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. OMNI TAX INCREMENT FUND BUDGET FY 2018 AMENDED BUDGET FY 2018 PROPOSED BUDGET BUDET VARIANCE REVENUES CITY OF MIAMI -TAX INCREMENT $10,735,670 $11,065,494 -$329,824 MIAMI DADE COUNTY - TAX INCREMENT (ORIGINAL BOUNDARIES) $6,749,406 $6,749,405 $1 CITY OF MIAMI - TAX INCREMENT (2009 ADDITION EXPANDED BOUNDARIES) $312,667 $316,848 -$4,181 MIAMI DADE COUNTY -TAX INCREMENT (2009 ADDITION EXPANDED BOUNDARIES) $193,354 $193,354 $0 Total TIF Revenues $17,091,097 ESTIMATE LOAN PROCEEDS (with Bank United) ($2.5M out of $10M is deemed eligible for a reimbursement to the OMNI CRA for the purchase of Bank Building) $10,000,000 $25,000,000 -$15,000,000 TRANSFER FROM MIDTOWN CRA (Administration) $64,282 $46,632 $17,650 RENT INCOME- MEC $100,000 $100,000 $0 OTHER INCOME - MEC (REIMBURSEMENT FOR 2017 PROPERTY TAXES) $177,257 $178,177 -$920 RENT INCOME • 1401 LLC 5101,481 $101,481 $0 FITH AMENDMENT TO MAX MIAMI ECONOMIC INCENTIVE AGREEMENT $1,537,802 $0 $1,537,802 2018 CHILDREN TRUST CONTRIBUTION $735,572 $733,004 $2,568 2017 ADJUSTED FUND BALANCE 53,555,164 $8,903,477 -$5,348,313 TOTAL REVENUE $34,262,655 $53,387,872 -$19.125,217. REDEVELOPMENT•EXPENDITURES ACCOUNTING AND AUDIT $15,000 $15,000 $0 PROFESSIONAL SERVICES - OTHER $650,417 $732,300 -$81,883 OTHER CONTRACTUAL SERVICES 5475,884 $371,177 $104,707 INTERFUND TRANSFER (Debt Service) $6,699,867 $6,699,867 $0 INTERFUND TRANSFER (Grant) $1,334,695 $1,286,597 $48,098 PURCHASE OF REAL ESTATE $0 $7,379,363 -$7,379,363 OTHER CURRENT CHARGE $6,296,884 $6,413,785 -$116,901 OTHER GRANTS AND AIDS $15,926,030 $25„440,819 ,$9,514,789 ADMINISTRATIVE EXPENDITURES REGULAR SALARIES $580,231 $535,231 $45,000 FICA TAXES $44,388 $40,945 $3,443 LIFE AND HEALTH INSURANCE 548,000 $48,000 $0 RETIREMENT CONTRIBUTION $26,200 $23,950 $2,250 FRINGE BENEFITS $19,500 $19,500 $0 OTHER CONTRACTUAL SERVICE $20,000 $20,000 $0 TRAVEL AND PER DIEM 530,000 $30,000 $0 COMMUNICATIONS $0 $0 $0 UTILITY SERVICE $20,300 $20,300 $0 INSURANCE 5104,166 $104,166 $0 OTHER CURRENTCHAR6E $193,400 $193,400 $0 SUPPLIES 55,000 $5,000 $0 OPERATING SUPPLIES $5,000 $5,000 $0 SUBSCRIPTION MEMBERSHIP $17,000 $17,000 $0 MACHINERY AND EQUIPMENT $24,000 $24,000 $0 ADVERTISING $30,000 $30,000 50 RENTAL AND LEASES $3,600 $3,600 $0 POSTAGE $2,000 $2,000 So REPAIR/MAINTENANCE - OUTSIDE $2,000 $2,000 $0 INTERFUND TRANSFER $17,500 $17,500 So Total AthalnIsttallve Expandltutaa 51,102,205 RESERVE FOR MIDTOWN ADM EXPENDITURES $64,282 $46,632 $17,650 RESERVE FOR SECURITY DEPOSIT - MEC $125,000 $125,000 So RESERVE FOR SECURITY DEPOSIT- 1401 GROUP LLC $40,000 $40,000 $0 RESERVE FOR CAPITAL EXPENDITURES $685,113 $603,610 $81,497 RESERVE FOR PAYMENT OF PROPERTY TAXES - MEC $177,257 $178,177 -$920 BUDGET RESERVE $579,942 $2,913,947 -$2,334,005 TOTAL FUND A NCE , 4 2E2,655 $53,387,872_ 419,125,217 0 $0 $0 The Agency's obligation with respect to Museum Park under the Global Interim, Agreement are the subject of ongoing discussion between the City and the Agency, The interiocol Agreement Obligations include the amounts payable In accordance with the original terms of the Global Mterlocol Agreement and/or such other amount as shall be determined by the resolution of such ongoing discussions (but in na event shall exceed the amounts payable under the original terms of the Global In terlocal Agreement with respect to Museum Park) A) 8) C) FILE NO. 4096 2018 TIF Revenue 2018 TIF Rev for Affordable Housing % 2018 Budget for Affordable Housing 03,991,097 $1,799,10 Polar to Item 4 • Other Grant and Aids 10% 2018 TIF Revenue $17,991,097 2018 AdmlnistratIve Expenditures $1,192,285 % Administrative Exp / 2018 TIF Revenue 7% 2018 Budget Reserve $579,942 Total 2018 Budget $34,262,655 % 2018 Budget Reserve / Total 2018 Budget 2% 3 De3capt' Accounting and Audit 1 External. Auditing Services to th OMNI CRA - Sanson, Kline, Jacomino, Tandac & Gamarra, LLP Professional Services - Other 3 4 Administration Availablefor Other Professional Administration Services Financial Support Consultant Ju 2017-Ju12018 2018 Omni Redevelopment Plan & FON Branding, Webslte, PR Qulckbuild•Protected Bike Lanes 7 Traffic Study/Design-N MI & 14th Street B Historic Designations Outer Contractual Services Horsepower Street Light Maintenance 9 10 2 Admit)! Redevelopmen Planning Administration Redevelopmen Planning i Ave Redevelopment Planning Redevelopment Planning Available for Landscaping Service Quality of Life Quality of Life 2018 Urban Temporary Park - Administration Maintenance and Security 1 CRA Consultant 13 Available for Other Cantr rvl Administration ual Administration Approval Date 7/29/2016 12/14/2016 THIS DOCUMENT IS A SUBSTITUTION. ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. eso d Amount Budgeted 16-0038 $15,000 16.0064 $42,800 $350,000 25,000 $25,000 $79,631 212,133 Amount xgended $5,880 emainfn Balance $15,000 $42,617 $42,800 350,000 9,120 $79,631 $212,1 Total Budget Amount {Professional Services - Legal, Accounting and Audit, Professional Services - Other and other Contractual NR- No CRA Resolution R - CRA Resolution Passed $1,083,501 $57 800 $1. 141,301 FundingSource Carryover Fund Balance FY 2018 TJF Rev{09.4_.. $3,747 $11,253 $42,617 $0 $0 $42,800 $0 $350,000 0 $70,000 $0 $60,000 $0 $65,000 $0 $20,000 $19,120 $0 $25,000 $0 $0 '$79,631 so $140,000 $0 $212,133 $90,4134 -$S,oposi7 $00,484 $1;050,817 $1,141,301 $15,000 $650,417 $475,884 4 THIS DOCUMENT IS A SUBSTITUTION. ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. Descriptlo Category Approval Da e Amount Remaining ixpanded Balance Interfund Transfer CDebt Service 8Trarsfer Out teCity of Debt Service ® r.rGlobalY•. r► $D $4,244,500 91am1 for the paymentnt of t the Port of Miami Tunnel Series 2012 Loan with BankUnited Estimated principal amount $10M 7 2018 Children Trust Contribution urota/ Quality of Life Quality of Life ►• ► Dec-07 Debt Service 2007 Global Agreement 18.0005 Interlocal Agreement $2,450,367 $500,000 $743,906 9,459,270 $0 $2,450,367 0 ,296,884 $5,127,824 748,906 14,331,446 Total Budget Amount (Interfund Transfer (Debt Service), Debt Service, Purchase of Land and Interfund Transfer (Grant) 14R - No CRA Resolution R - CRA Resolution Passed so $14,331,446 514,331 446 Fundin Source Carryover FY2018 Fund Balance TIE $0 $4,249,s00 SO $2,450,367 $0 $6,296,884 $0 $0 $90,789 $0 $0 5500,000 $743,906 $0 5834,695 513,496,751 $834,695 $13,496,751 $14,331,446 $6,699,847 $6,296,884 $D ,394,695 THIS DOCUMENT IS A SUBSTITUTION. ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. Pundin. Source Description Category Approval Date Reso 8 Amount Budgeted Amount Expended Rematntng Balance Carryover Fund Balance FY 2018 TIF Other Grants and Aids 1401 RestLLC- Lessor's Contribution to leasehold improvements -Grease Trap and Flood System Job Creation 6/13/2013 13.0036 $60,000 $0 560,000 $60,000 $0 Matching funds obligation under the Florida Inldan Navigation District Grant for Phase 2 -Miami Woman's Club 8aywalk Project - CIP Pro ect. Infrastructure 3/28/2013 13-0017 $150,000 $26,214 $123,786 $123,786 $0 Dorsey Library- Project: Cost • CIP Project • Funds derived from sale of land- 14th 5t DLV LLC - $1,253,649 - CRA R - 15- 0021 Infrastructure 1/17/2018 CIP Approved Project $850,000 $30,393 5819,607 $819,607 $0 16. Corner LLC Affordable Housing Projects Affordable Housing 16.0008 53,800,000 $0 53,B00,000 $2,000,890 51,799,110 Grant to. Rebuilding Together Miami -Dade Inc, to provide partial funding for a home improvement facade and quality life program, Affordable Housing 12/14/2016 16-0061 $700,000 $197,477 5502,523 $502,523 $0 • 2018 Grant to Rebuilding Together Miami -Dade Inc. to provide partial funding for a home improvement facade and quality life program. Affordable Housing 18-0028 $600,000 $0 5000,000 5571,330 $28,664 Available finds for Affordable Housing Projects Rehabilitation Affordable Housing 16.0040 $503,744 $0 $503,744 $503,744 $p 8 Grant to Legido Management Services, Inc to provide funding for "Business Rehabilitation Grant Programs" Affordable Housing 12/14/2016 16-0062. $005,000 $427,810 $177,1.90 $477,190 $0 9 2018 Grant to Camillus House, Inc. for the 'Miami Shelter Program" QualityofLife 18-0029 $175,000 $0 $175,000 $175,000 $0 10 2017 Miami Downtown Development Authority to expand the Downtown Enhancement Team (Purple Shirts) Quality of Life 12/14/2016 16-0057 $50,000 $27,855 522,14., $22,145 $0 11 2018 Miami Downtown Development Authority to expand the Downtown Enhancement Team (Purple Shirts) Quality of Life 1/17/2018 18-0007 -5100,000 $0 $100,000 $100,000 $0 12.2018 Available for Business Improvements and Assistance Grant Program Job Creation / Quality of Life 18-0023 $500,000 $0 $500,000 $500,000 $0 d3 Museum Park Re mediation Project 8.30538, CIP project funded with OMNI TIF Infrastructure 4/19/2017 17.0022 $175,000 $150343 $24,657 524,657 $0 14 Execute Lease Agreement with Five (5) year initial term with two (2) one (1) year options to renew between. the CRA and Revran 5 Lincoln at 175 NW 14th St . Base amount $2,850 per month with a three .(3 %) percent annual Job Creation/ Quality of Life 6/21/2017 17-0033 $150,000 531,920 $118,080 5118,080 $0 Contribution to the. City of Miami - TRI Rail Project Infrastructure 6/25/2015 5/25/2016 15-0022 53,750,000 $2,698,202 $1,051,798 51,051,798 $0 16 Open Space Initiative Quality of Life NR $700,000 $0 $700,000 $700,000 $0 6 THIS DOCUMENT IS A SUBSTITUTION. ORIGINAL CAN BE SEEN AT THE END 17 130 NW lath Street Rehab & Activation (Morgans) Quality of Life 1/17/2018 118•Od2J 11 Deferred Item $45d,QH0 u U IV4t, IN5400,000 $400,000 $0 18 Streetscape Improvement quality of Life NR $500,000 $0 $500,000 $76,530 $423,470 19 Bank Rehabilitation Project (remaining amount to fund the rehabilitation of the property) Infrastructure 17-0020 (Authorizing Purchase of the Bank Building) $5,447,500 $0 $5,447,500 $5,447,500 $0 Subtotal $19,515,244 $3590,214.$15,926,030 $13,674,786 $2,252,244 Total Budget Amount Other Grants and Aids NR - No CRA Resolution R - CRA Resolution Passed $1,200,000 $14,726,030 $15,926,030 $13,674,7861 51,244 926,030 Supplies Travel and Per Dlem FPL - Fire House Miami Water and Contingency Utility Service !Position THIS DOCUMENT IS A SUBSTITUTION. ORIGINAL CAN BE SEEN AT THE END OF THIS DOCU Executive Director -OMNI Executive Director - Midtown (Reimbursed by Midtown CRA) Assistant Executive Director Chief Legal Officer Director of Policy and Planning Assistant to the Executive Director Community Liaison Intern ($10/Flour) Intern ($20/30 hours) Compensated Absences Regular Salaries Flea taxes $120,000 $2,740 $90,000 $90,000 $60,000 $50,000 $42,000 $20,800 $31,200 $73,491 I $580,2311 $44,388 I $44,3881 Health/Dental/Vision Insurance OMFII CRA Staff 548,000 Contingency $5,000 Life and Health Insurance f $48 Q00) Retirement Contribution (401K) Executive Director $9,600 Assistant Executive Director $4,500 Assistant to the Executive Director $2,500 Community Liaison $2,100 Chief Legal officer $4,500 Director of Policy and Planning $3,000 Retirement Contribution I $26,200 Car Allowance Executive Director - OMNI $3,600 Executive Director - Midtown (Reimbursed by Midtown CRA) $6,000 Chief Legal Officer $2,400 Cell Phone Allowance Executive Director - OMNI $1,200 Executive Director - Midtown (Reimbursedby Midtown CRA) $2,400 Assistant Executive Director $1,500 Chief Legal Officer $1,200 Director of Policy and Planning $1,200 Fringe Benefits I $19,5001 ADP - Payroll Processing Fee (26 payroll periods X $150) Janitorial Service / Supplies Circle Security Solutions Comcast OTIS Elevator Maintenance Service Other Contractual Services $3,900 $9,000 $2,700 $2,400 $2,000 I $20,000 To Include cost for travel out of the city for conferences and travel allowances, $30,000 I $30,0001 ewe Property Insurance/General/Llablllty Insurance (MEC) Property Insurance/General/Liability Insurance (Fire Station No 2) Workers Compensation (CRA Staff) Insurance $10,800 $3,500 $6,000 I $20,300 I $71,156 $28,000 r $5,000 L. $104,166 I To include the cost of food associated to CRA Meetings/Ribbon Cutting $5,000 To include the cost of miscellaneous supplies. $2,000 Sale Tax -1401 Rest LLC $8, 223 Sale Tax - EUE / Screen Gems LTD, Inc MEC $0 2017 MEC Property Taxes $178,177 Other Current Charges f $193400I To include supplies necessary for use in the operation of an office, such as copy $5,000 I $5,0001 To include other supplies not office related. Ex. Misc, Project Construction and $5,000 Operating Supplies I $5;000] THIS DOCUMENT IS A SUBSTITUTION. ORIGINAL CAN BE SEEN AT THE END OF THIS DOCUMENT. To Include the cost of memberships to organization, Microsoft license, and $17,000 Subscription Membership 1 $17,000 Purchase of Vehicle To include the cost of new computers Machinery and Equipment $18,000 $6,000 1 $24,000 To include the expenses of placing advertisements in the newspapers or other $30,000 Advertising $30,0001 Konica Minolta Copier Rental and Leases To include the cost of stamps or other related Item. Distribution of newsletter $3,600 3,600 Postage $2,000 I $z,0o01 To include the cost associated to any office/truck repair, Repair/ Maintenance -Outside $2,000 To include transfer of funds to the City of Miami Office of the City Clerk for r-� $17,500 Interfund Transfer I $17,5001 Total FY 2018 Administrative Budget $1,192,285 FY 3010 AMEI4060 OUOOa6T 4/13l2010 SUBSTITUTED. OMNI TAX INC REMENT FUND BUDGET FY 2018 AMENDED BUDGET FY 2038 PROPOSED BUDGET BUDGET VARIANCE REVENUES CITY OF MIAMI • TAX INCREMENT $10,735,670 $11,065,494 •$329 s2,1 MIAMI DADE COUNTY -TAX INCREMENT (ORIGINAL BOUNDARIES) $6,749,406 $6,749 405 $1 CITY OF MIAMI • TAX INCREMENT (7009 ADDITION EXPANDED BOUNDARIES} $312,667 $316,848 =$4,181 MIAMI DADE COUNTY TAX INCREMENT (2009ADDITION EXPANDED ROUNDARIESI $393,354 $193,354 $0 Total TIF Revenues 617,991,097 ESTIMATE LOAN PROCEEDS (with Bank United) ($2,5M out of $10M Is deemed eligible for a reimbursement to the OMNI CRA for the purchase of Bank 8ullding) $10,000,000 525,000,000 '•539 000,000 TRANSFER FROM. MIDTOWN CRA (Administration) $64,282 $4•,•32 $17,6SB RENT INCOME • MEC $100,000 $ n s,000 50 OTHER INCOME - MEC (REIMBURSEMENT FOR 2017 PROPERTY TAXES) $377,257 17B,177 592D' RENT INCOME .•1401LLC $301,481 $101,481 $0 PITH AMENDMENT TO MAX MIAMI ECONOMIC INCENTIVE AGREEMENT $1,537,802 $0 $1,537,802 2018 CHILDREN TRUST CONTRIBUTION $735,57 $733,004 $7,566 2D17 ADJUSTED FUND BALANCE $3,555, . • S8,903,477 -$5,348,313 TOTAL REVENUE 34,26 ,655 $53,387,872 .$19,125,217 RE 0EVELOPMENTEXPENDITUR6S. ACCOUNTING AND AUDIT $15,000 $15,000 $0 PROFESSIONAL SERVICES • OTHER $650,417 $732,300 •9131,883 OTHER CONTRACTUAL SERVICES $475,884 $371,177 $104,707 INTERFUNDTRANSFER (Debt Service) $6,699,667 $6,699,857 $0 INTEBFUNDTRANSFER (Grant) $1,334,695 $1,286,597 $48,098 PURCHASE OF REAL ESTATE $0 $7,379,363 -$7,370,363 OTHER CURRENT CHARGE $6,296,884 $6,413,785 -$316,901 OTHER GRANTS AND AIDS $15,926;030 $25,440,839' •$9,514,769 ADMINISTRATIVE EXPENDITURES REGULAR SALARIES $580,231 $535,231 $45,000 FICA TAXES $44,388 $40,945 $3,443 LIFE AND HEALTH INSURANCE $48,000 $48,000 $0 RETIREMENT CONTRIBUTION $26,200 $23,950 $2,2$0 FRINGE BENEFITS $39,500 $19,500 $0 OTHER CONTRACTUAL SERVICE $20,000 $20,000 $0 TRAVEL AND PER.DIEM $30,000 530,000 $0 COMMUNICATIONS $0 $0 $0 UTILITY SERVICE $20,300 $20,300 $0 INSURANCE $104,166 $104,166 $0 OTHER CURRENT CHARGE $193,400 $193,400 $0 SUPPLIES $5,000 $5,000 $0 OPERATING SUPPLIES $5,000 $5,000 $0 SUBSCRIPTION MEMBERSHIP $17,000 $17,000 $0 MACHINERY AND EQUIPMENT 524,000 $24,000 $0 ADVERTISING $30,000 $30,000 $0 RENTAL AND LEASES $3,600 53,600 $0 POSTAGE $2,000 $2,000 $0 REPAIR/MAINTENANCE-OUTSIDE $2,000 $2,000 $0 INTERFUND TRANSFER $12,500 $17,500 WO Admintstnlrw EapmdOww LI,10 RESERYE FOR MIDTOWN ADM EXPEND °LIKES $64,282 $46,632 S17,650' RESERVE FOR SECURITY DEPOSIT • M ` $125,000 $125,OD0 $0 RESERVE FOR SECURITY DEPOSIT • 4 Ol GROUP I,1C $40,000 $40,000 $0 RESERVE FOR CAPITALEXPENDIT/RES $685,113 $603,616 $81,497 RESERVE FOR PAYMENT OF PR +5 P6RTY'TAXES -MEC $177,257 $178,177 4920 BUDGET RESERVE $579,942 $2,913,947 •$2,334,005 TOTAL FUND BALANCE $ 34,262,655 $53,387,872 •$19425,217 2018 TIP Reveiruir 2018 TIE Rev for Affordable Hauslng % 2018 Budget for Affordable Hous)i 2018 TIP Revenue 2018 Administrative Expenditures % Administrative Exp / 2018 TIF Revenue, 2018 Budget Reserve Total2010 Budget %2018 Budget Reserve/ Total2018 Budget S9 91,097 t2,265 7% $579,942 $34,262,6$5 2% rice 0 SO SUBSTITUTED. / Furrdin $durco Description Calagory Approval Date Resta a Amount budgeted Amount Upended ReniaI Onionee Ca rryovot Fund 6atanc FY 201:6 T1F Re enae Ac nunYI Audit 1 CxternalAudlUngServlcostathe 0MNI CRA-Sanson, Kline, Pacomino, Tandoc.& Gomorra, G1P Administration 7/29/7013 1 D038 51"r000 $0 $15,UYi0 $3,747 11;25o RrotasaleanaiServicosa Otlatir 3 AvaltattIetotOtherPntessfonal Administration Nit $it8,150 75 542,617 54i,C17 $0 FlnanclalSupport Consultant Jul 2p17•Ju12019 Adrrdnistratton 12/14/2016 4 -$42600 $0 $42,600 $0 $42,600 4 5 S Et Omni 6edevelnpment. PI an & FON Redevelopment Planning Admtnlstration NR. 5350,Op0 5p $0 $350,000 $70is+ __- $s0,OOO 50 $ii 50 $350,000 6randtng,Web tef0 Cluk:klaulld-Protectedbikelanes NR S70000 570,06b 560,000 #iedevelopment Planning NR 560,000.. $0 7 Traffic Study/Design>N Mla Ave & lath Street Redevelopment Planning NR 569,000 $0 565,000 $4 505,000 6 N15tor1c0esFgnoth,ro Redevelopment ptanning NR $2IA,000 -a $20000 '. $0, $20,000.. OtharContrattua1Services 9 Norse}solverStreetlight Maintenance Cttrait ty of 1Re NR $25,000 ," $5,g69 $19,120 $19,120 50 SD Available for Lon In Seruleo quality di tlFtt NR 525,000 50 $25,000 $25,000 $0 li 20181trban Temporary Park • tvlalr tenance and SeAueity Admlr f5tratipn Nk $79: t 50 579 gd1 $0 579,630 12 CRR Consultants Adrnin1stratIun Nr4 F 50,iut41 $10,000 $140,000 50 $140,000 $212,133 ; 16 Avapahle for Other Crantrattual AdminlStratnn Nit 5212,133 $0 $212,133 $0 . _.. UktDrlli $,i,2 zit4 $91.413 $1,140.i01 $90,484 $1,0511.817 .$90,484 $1,050,817 Pr NA • No CRA Aesolutlon R • CRA Resolution Passud Rai, Accounting and Aud $1,083,501 $57,000 $1,141301. ,30 $15,D00 0,417 475,884 SUBSTITUTED. ..,.�,,._.._...m... Funn0 Source t?escrlptinn. Qate4ury _.. ApproxaI Data ®,..®.,•„•. 9osag Arreaunt fled aced Amataani t ranted t4erna34r g Dal anca Carryaxer FundBalanca #1f 20SB TiF ,�..... I Trontflr (0ebt 5ary 3ccj ...,...._....._.».�,....•__......,..•. ..,»_..,,�.._.....,.., .�.•......•..•..._.... „_IRevanua 1 2 201RTranslo. 0rfltotheCityo tv9€amt for tha payment of the Poet of M.iaml Tunnel Series 2412 Derwfce Dec-07 2007Globa1 Agreement $4,249,S.t7t'i $.0 $4,249;500 $0 $D $4149,5ri ,450,357 1oanwlth Ban kLinited - Estimated principal amount SIOM Debt Service Debt Sorv1cc $2450367 $0 $2490,367 O'thoTer-went Char ;esend,0tilitations 3 PUtiheseof0is Esthna'ted 2007 Gtuba. i Agreement Payment • Pertwn(In Art Center Ifstale - InfrS515e5tufa Decx07- 2007 Glnbai... Agreement. $6,296884 .$0 $6,296,884 $0 jb,296,#84 — 4. Intarfund c Rel ibursernenttoOA4i4fCRA- tsr she purchase of 1367 6e09 ROildin8 Cransfer }grant) Infrastructure lel'57 17.0020 $4,508,613 $4,508,813 $0 $0 $0 9 2D15>2010 Policing SersIseS • City of tvfieml Qaali1Vof tiie 10f ,000 5633,311 $' n.,789 $90.789 $0 6 703011rar t to the City of &ttamt police i7epa tment for tl e Expanded Police Program QueIlty csf Uf 38 000E $Si30,000 $0 5030 $iS , $§tkt,00tl 7 20'1a Children Trust t.r7dk!Motion Quslity of life Dec<07 lnterloeel Agreeement. $743,906 x $743,906 743,906 $0 Subr tnt $19A59270 SS,33',B24 514,331,448 3834,695 513,496,751 $934,695 313,496,751 Total Budget Amount (Interfend Transfer (Debt Service), Debt Service, Purchase of Land and Inferfu rd Transfer (Grant} NR • No CAA Resolution R • CRA Resolution Passed S0 ,331,446 331,446 14,331446 67 $5,7746,884 $0 $1,334,695 SUBSTITUTED. Description Other Grants and Aldo C1,e6o,y loli Cnullon Appr000l OOIO -- 6/13/2 13 Rem 8 , Amount Budgeted 55.000 ,Amount Ruiunlng Expended Balance Fundin Carryover Fund Balance ource FY 2518 TIF Revenue SO 1401 Rest TLC • Lessor's Contribution to leasehold improvements • Grease Trap and Hood System 130036 50 060,000960,000 Matching funds obligation under the Florida Initian Navigation District Gront for Phase 2 • Miami Woman's Club Baywalk Project . CIP Project .-- infrastructure 3/ 131037 01000 $26,214 0125760 5123706r50 Dorsey Library- Project Cost . CIP Project • Funds derived horn sale of land- 14th St DEYLLC - $1.253,649 • CRA R • 15• 0021 Infrastructure Affordable Housing 1/17/2018 Ci Approved Project 100000 5 , 53,8000,800,000 30,363 00U07 5816,607 $2,000,990 SO $1,700,110 16 Corner 168 Affordable Notating Projects Grant to Rebuilding Together Miaml•Dade Inc. to provide partial funding for a home Imptovement facade and quality life program. Affordable Housing 12/14/2016 166061 0700,000 5197,477 $902,523 5902,523 $0 2018 Grant to Rebuilding Together kiiiIMI.Dade Inc. to provide partiel funding for a hone improvement facade and quality Me program. Affordable Housing 646 0600.0230V$0 00,000 71,136 528,604 I Available funds for Affordable Housing Projects Rehabilitation Grant to Weiler management Services , Inc to provide funding for 'Business Rehabilitation Grant Programs" Affordable Housing _ . 12/14/2016 NR 1600. 9503,744 _ $905,000 5o2 $ 03,744 5427,668 $47 ,190 --- 50 $1 5, 5603,744 5477,190 ' 90 Affordable Housing 90 zon rarlt to (amillu5. Mouse, inc. for the "Ailand Shelter Program" Quality of Life 1" 5,000 10 I, 2017 Miami Downtown Development Authority to expand the Downtown Enhancement Team (Purple Shirts) 2018 MI;rni Downtown Development Authority to expand the Downtown m Enhanceent Team )Purple Shirts) 2018 Available for Business Improvements and AmIstance Grant Program Quality of Ufo Quality of Lif Jo Creation/ 10 utility of Life 016 1/17/2018 166057 160607 1466 550,000 $100,000 5500,000 527,8 5 522,145 $0 $ , 50 $SOO,000 522,145 - 100,000 0500,000 $0 50 50 Museum Perk Hernedie n Project 9.30538. CIP n'ect funded with OMNI F ii lnlru9lruolur 4/19/2037 17. 22 5175,000 5150,381$24,6$ $24,057 00 Execute Lease renmerlt with a Five CS uur Initial term with 1 (2) one 111 year opti s to renew bet -wee tke CRA and Rovr 5 Ltincoln at 175 NW 14 56, ease amount $ .850 per month with a 'tree i3 %) percent annual Job Creation / Quality of Life 6/22/1017 2.7 0050 0190,000. 0 0110,800 $ 18,080 50 5 Contribution to the City of Mlarni 0111 Rail Project nfrastructure 6/2S/2015 5/26/2016 156022 03,790,000 02,608,20201,001,705 51,051,708 01) SUBSTITUTED. 16. Open Spa oe Initiative tltraid y srf life NR $700,000 $0 $7{10,Os)t7 $700,Os10 $0 1.7 130 NW 14th Street Rehab At Activation IMorgansj Quality of Lit Deferred ttem NA $400,000 50 $400,000 $400,000 SG 1t1 Street apetmprnyrumunt Qualily uttife NR $$00,000 S0 5500,000 5"16,53a $423,470 19 panR 'lit ion Project Infrastructure NA 55,447,S00 $3,Sr�0� S0 14 55,447,500 55,447,5t30 Subtotal, _ w. _ $19,5.16 T44 $,t5,9 6,030 3,674,7$6,J12.1,244 . .. 13,674,78$ 2,251,244 Tutai Budget Amount Other Grants and Aids NR- NoCNAResxInku R - CIA Re olutiun Passed S8,326,244 $7,599,786 $1S,926,030 lye Director • OMNI Executive Director - Midtown (Reimbursed try Midtown CRA Assistant Executive Director Chief Legal Officer Director of Policy and Planning Assistant to the Executive Director Community Liaison Intern ($10/Hour) intern ($20/30 hours) Compensated Absences Regular Salaries Ffcu taxes Health/Dental/Vlsfon insurance OMNI CRA Staff Contingency Life and Health Insurance Retirement Contribution (401 K) Executive Director Assistant Executive Director Assistant to the Executive. Director Community liaison Chief Legal Officer Director of Policy and Planning Retirement Contribution CorAltowance Executive Director - OMNI Executive Director - Midtown (Reintbuused by Midtawn CRA) Chief Legal Officer Cell Phone Allowance Executive Director • OMNI Executive Director - Midtown (Reimbursed by MidtownCRA) nt Execubve Director Chief Legal Officer r of Policy and Planning netts ADP • payroll Processing Fee (20 Vayroil Janitorial service / Supplies Circle Security solutions Comcast OTIS Elevator Maintenance Service Other Contractual. Services odsX Tn include cost frrr travel nut t t the eiy for confereitcos and trav of alto Travel and per Morn FPL • Fire douse Miami Water and Sewer Contingency Utility Service Property Insurancr%GeneraI/Liability insurance (MECI Property Insure' ;'e/General/Liability Insurance (Fire Station No 2) Workers Com y,. naettnn (CRA Staff) insurance To inc;' de the cost of food associated to CRA lv1 the cost of miscellaneous supplies. • 1401 Rest LLC ix • EVE / Screen Gents LTD, Inc MEC Property Taxes ntCharges Ribbon. C To Include supplies necessary for use in the operation of en office, such Supplies opy SUBSTITUTED. OMNIJ $120,000 $ 2,740 $00,000 $00,000 $60,000 $50,000 $42,000 $20,800 $31,200 $73,491 r $58�Zi1� $44,38 4 t.000 5,000 $9,600 $4,500 $2,500 $2,100 $4,500 $3,000 $26,200 $3,600 $6,000 52,400 $1,200 $2,400 $1,500 $1„ 200 $1,200 ,50 $2,400 $2,000 $2a,ovo j $10,806 $3,500 $6,000 r $20,300 S71,166 $28,000 $5,000 t 04,166 j $5,000 $2,000 $8,223 $0 78177 5,000 To include other supplies not office related. Ex. Misc, protect Construction and Operating Supplies To Include the cost of memberships to orgarazodon, Microsoft license, and Subscription Membership Purchase of Vehicle To Include the cost of nocv enmputers Machinery and Equipment At elude fh slnx Konira Minolta Copier Rental and leases taclnlb adu f?!sEininnts 1n pets or ether To include the cost nt stamps or other retatect itent. lAstrtbutlon of newsletter Postage To include the cost associated to any Repair / Maintenance iTutslde To include transfer of funds to th Interfnnd Transfer Total TY 2018 Administrative budget uck repair, 0I Mtan1 d the City Clerk for SUBSTITUTED. 000 $17,000 $17,0001 $18,000 $6,o00 E $24,00E $2,000 I ....,$2,opoi