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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #4751 Date: 08/31/2018 Commission Meeting Date: 09/13/2018 Requesting Department: Office of Management and Budget Sponsored By: District Impacted: Various Type: Resolution Subject: Approve FY 2018-19 Multi Year Capital Plan Purpose of Item: To approve the City of Miami's "Fiscal Year 2018-19 Multi -Year Capital Plan" as required by the Community Planning Act, more particularly, Sections 163.3161 and 163.3177, Florida Statutes (2018), 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 $2.262 billion in projects ($248.368 million funded, $278.107 million partially funded, and $1.736 billion unfunded) for the Fiscal Year plus five additional years. The six year plan includes 475 active projects. During the current Fiscal Year new capital appropriations totaling $24.803 million will be used to fund 41 projects as detailed in the capital plan. Budget Impact Analysis Item is an Expenditure Total Fiscal Impact: $526.475 million Office of Management and Budget City Manager's Office Legislative Division City Manager's Office Office of the City Attorney Office of the City Attorney City Commission Office of the Mayor Office of the City Clerk Legislative Division Reviewed B Christopher M Rose Sandra Bridgeman Valentin J Alvarez Nikolas Pascual Barnaby L. Min Victoria Mendez Nicole Ewan Mayor's Office City Clerk's Office Valentin J Alvarez Department Head Review Assistant City Manager Review Legislative Division Review City Manager Review Deputy City Attorney Review Approved Form and Correctness Meeting Completed Completed Completed Completed Completed Completed Completed Signed by the Mayor Completed Signed and Attested by the City Clerk Completed Legislative Division Review Completed 09/03/2018 7:14 PM 09/04/2018 1:04 PM 09/04/2018 1:34 PM 09/04/2018 2:58 PM 09/04/2018 3:08 PM 09/04/2018 6:21 PM 09/13/2018 5:05 PM 09/24/2018 4:23 PM 09/24/2018 4:52 PM 11/30/2020 7:46 AM Office of the City Attorney Robin Jones Jackson ACA Review Completed 12/18/2020 3:43 PM Office of the City Attorney Barnaby L. Min Deputy Attorney Review Completed 12/22/2020 9:53 AM Office of the City Attorney Victoria Mendez Approved Form and Correctness with Modification(s) Completed Office of the City Clerk City Clerk's Office Rendered Completed 12/22/2020 3:07 PM City of Miami Legislation Resolution Enactment Number: R-18-0396 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 4751 Final Action Date:9/13/2018 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING THE CITY OF MIAMI'S ("CITY") FISCAL YEAR 2018-19 MULTI -YEAR CAPITAL PLAN, AND CHANGES THERETO AS SET FORTH IN THE CITY MANAGER'S MEMORANDUM DEFINED BELOW DATED SEPTEMBER 4, 2018 ATTACHED AND INCORPORATED AS SUBMITTAL-CHRIS ROSE -EXHIBIT "A" (COLLECTIVELY, "PLAN"), AS REQUIRED PURSUANT TO THE COMMUNITY PLANNING ACT, SPECIFICALLY SECTIONS 163.3161 AND 163.3177, FLORIDA STATUTES (2018), AND CHAPTER 18/ARTICLE IX/DIVISIONS 1 AND 2 OF THE CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, TITLED "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, TO DETERMINE PROJECT PRIORITIES, TO ADD NEW CAPITAL PROJECTS, AND TO MODIFY FUNDING ALLOCATIONS AS NECESSARY; PROVIDING FOR INCORPORATION OF SUBSEQUENT AMENDMENTS TO THE PLAN; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, a capital improvement programming process to support the Miami Neighborhood Comprehensive Plan is required pursuant to the Community Planning Act ("Act"), specifically, Sections 163.3161 and 163.3177, Florida Statutes (2018), and 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") original Fiscal Year 2018-19 Proposed Multi -Year Capital Plan as presented to the City Commission, filed with the City Clerk, and posted on the City's website on July 9, 2018 and as further modified in the City Manager's Memorandum, attached and incorporated as Exhibit "A," (collectively, "Plan") incorporate the Fiscal Year 2017- 18 Multi -Year Capital Plan set forth in Resolution No. R-17-0445 adopted September 19, 2017, as subsequently amended by Resolution No. R-17-0475 adopted September 28, 2017, Resolution No. R-17-0489 adopted October 12, 2017, Resolution No. R-17-0541 adopted November 16, 2017, Resolution No. R-18-0071 adopted February 22, 2018, Resolution No. R- 18-0176 adopted April 26, 2018, Resolution No. R-18-0194 adopted May 10, 2018, Resolution No. R-18-0233 adopted June 8, 2018, and Resolution No. R-18-0247 adopted June 14, 2018; 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; 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 Plan as presented to the City Commission, filed with the City Clerk, and posted on the City's website on July 9, 2018, is incorporated herein by reference and is modified and amended to include all of the applicable changes contained in the City Manager's Memoranda, attached and incorporated as Exhibit "A" and in Exhibit "B", regarding the City's Operating and Capital Budgets and is hereby approved by the City Commission pursuant to Sections 163.3161 and 163.3177, Florida Statutes (2018), 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. Subsequently, the Plan shall incorporate all amendments thereto as approved by the City Commission. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. APPROVED AS TO FORM AND CORRECTNESS: fT, r nde` z, City Att©r ey 9/4/2018 1 If the Mayor does not sign this Resolution, it shall become effective at the end of the 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.