HomeMy WebLinkAboutR-23-0549City of Miami
Resolution R-23-0549
Legislation
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 15174 Final Action Date: 12/14/2023
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
REALLOCATING FUNDS, IN THE TOTAL AMOUNT OF SEVEN MILLION, EIGHT
HUNDRED FIFTY THOUSAND AND 00/100 DOLLARS ($7,850,000.00) ("FUNDS")
FROM DOUGLAS PARK COMMUNITY CENTER PROJECT, PROJECT NO. 40-
B40581, IN THE CITY OF MIAMI'S ("CITY") FISCAL YEAR 2023-24 MULTI -YEAR
CAPITAL PLAN ADOPTED ON SEPTEMBER 9, 2023, PURSUANT TO RESOLUTION
NO. R-23-0376 AS AMENDED ("CAPITAL PLAN"), AND RE -APPROPRIATING SAID
FUNDS TO THE DISTRICT 4 PARK ENHANCEMENTS AND EXPANSION PROJECT,
PROJECT NO. 40-B243516 ("DISTRICT 4 PARK ENHANCEMENTS"), ALL AS SET
FORTH IN EXHIBIT "A," ATTACHED AND INCORPORATED; DECLARING THE CITY'S
OFFICIAL INTENT TO ISSUE TAX-EXEMPT MIAMI FOREVER LIMITED AD
VALOREM BONDS ("MIAMI FOREVER BONDS"), IN ONE OR MORE SERIES, TO
THE EXTENT PERMISSIBLE UNDER APPLICABLE LAWS, RULES, AND
REGULATIONS REGARDING THE MIAMI FOREVER BONDS, AND USE A PORTION
OF THE MIAMI FOREVER BONDS FOR PARKS AND CULTURAL FACILITIES
PROJECTS IN THE TOTAL AMOUNT OF ONE MILLION, THREE HUNDRED FORTY-
SEVEN THOUSAND AND 00/100 DOLLARS ($1,347,000.00) TO REIMBURSE THE
CITY FOR FUNDS ADVANCED BY IT FOR EXPENDITURES INCURRED AND TO BE
INCURRED WITH RESPECT TO THE DISTRICT 4 PARK ENHANCEMENTS
PROJECT AND THE PURPOSES STATED HEREIN; THE USE, ALLOCATION, AND
APPROPRIATION OF THE MIAMI FOREVER BONDS PARKS AND CULTURAL
FACILITIES FUNDS, AND ALL OTHER FUNDS IDENTIFIED HEREIN, ARE SUBJECT
TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF
SUCH FUNDS AND THE RECEIPT OF ALL NECESSARY APPROVALS, INCLUDING,
BUT NOT LIMITED TO THE CITY ATTORNEY AND BOND COUNSEL APPROVAL;
RATIFYING, APPROVING, AND CONFIRMING CERTAIN NECESSARY ACTIONS BY
THE CITY MANAGER AND DESIGNATED CITY DEPARTMENTS IN ORDER TO
UPDATE THE CAPITAL PLAN, RELEVANT FINANCIAL CONTROLS AND COMPUTER
SYSTEMS IN CONNECTION THEREWITH, FOR PROJECT CLOSE-OUTS, AND FOR
GRANTS AND OTHER FUNDING SOURCES IN PROGRESS IN CONNECTION
HEREWITH; AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE,
ANY AND ALL DOCUMENTS, INCLUDING, BUT NOT LIMITED TO, AGREEMENTS,
AMENDMENTS, MODIFICATIONS, AND MEMORANDUM OF UNDERSTANDING, ALL
IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, NECESSARY FOR THE
PURPOSES STATED HEREIN.
SPONSOR(S): Commissioner Manolo Reyes
WHEREAS, except for such changes as set forth herein, all previous appropriations
remain authorized to continue as previously approved City of Miami ("City") capital projects
(new, revised, and continued projects collectively, "Projects") according to the Fiscal Year 2023-
2024 Multi -Year Capital Plan adopted on September 9, 2023, pursuant to Resolution No. R-23-
0376, as amended ("Capital Plan"); and
City of Miami Page 1 of 3 File ID: 15174 (Revision:) Printed On: 7/18/2025
File ID: 15174 Enactment Number: R-23-0549
WHEREAS, it is now necessary to reallocate funds in the total not to exceed amount of
Seven Million, Eight Hundred Fifty Thousand and 00/100 Dollars ($7,850,000.00) ("Funds")
previously allocated to the Douglas Park Community Center Project, Project No. 40-B40581
("Douglas Park Community Center"), and re -appropriate the Funds to the District 4 Park
Enhancements and Expansion Project, Project No. 40-B243516 ("District 4 Park
Enhancements"), all as set forth in Exhibit "A," attached and incorporated;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF
MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble of this Resolution are
adopted by reference thereto and incorporated herein as if fully set forth in this Section.
Section 2. The City Commission hereby approves and authorizes' the City Manager to
reallocate funds in the total not to exceed amount of Seven Million, Eight Hundred Fifty
Thousand and 00/100 Dollars ($7,850,000.00) previously allocated to the Douglas Park
Community Center and re -appropriate said funds to the District 4 Park Enhancements, all as set
forth in Exhibit "A," attached and incorporated.
Section 3. The City Commission hereby declares the City's official intent to issue tax-
exempt Miami Forever Limited Ad Valorem bonds ("Miami Forever Bonds"), in one or more
series, to the extent permissible under applicable laws, rules, and regulations regarding the
Miami Forever Bonds, and use a portion of the Miami Forever Bonds for Parks and Cultural
Facilities projects in the total amount of One Million, Three Hundred Forty -Seven Thousand and
00/100 Dollars ($1,347,000.00) to reimburse the City for funds advanced by it for expenditures
incurred and to be incurred with respect to the District 4 Park Enhancements Project and the
purposes stated herein.
Section 4. The use, allocation, and appropriation of the Miami Forever Bonds Parks and
Cultural Facilities funds, and all other funds identified herein, are subject to all federal, State,
and local laws that regulate the use of such funds and the receipt of all necessary approvals,
including, but not limited to the City Attorney and Bond Counsel approval.
Section 5. The City Manager is authorized' to make any changes to adjust, amend, and
appropriate the City's Operating Budget, Five -Year Financial Plan, Strategic Plan, and Multi -
Year Capital Plan, as necessary and applicable, pursuant to the provisions of this Resolution.
Section 6. Certain necessary actions by the City Manager and designated City officials
and departments made in order to update the Capital Plan, relevant financial controls and
computer systems in connection therewith, for project close-outs, and for grants and other
funding sources in progress in connection herewith are ratified, approved, and confirmed.
Section 7. The City Manager is authorized' to negotiate and execute any and all
documents, including, but not limited to, agreements, amendments, modifications, and
memorandum of understanding, all in forms acceptable to the City Attorney, necessary for the
purposes sated herein.
1 The herein authorization is further subject to compliance with all legal requirements that may be
imposed, including but not limited to, those prescribed by applicable City Charter and City Code
provisions.
City of Miami Page 2 of 3 File ID: 15174 (Revision:) Printed on: 7/18/2025
File ID: 15174 Enactment Number: R-23-0549
Section 8. The City Manager in consultation with the City Attorney, Bond Counsel,
Disclosure Counsel, Financial Advisor, Chief Financial Officer, Finance Director, Budget
Director, and such other appropriate officers, employees, and agents of the City as the City
Manager deems necessary are hereby authorized' to take such actions as may be necessary to
carry out the purposes of this Resolution.
Section 9. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS:
ndez, City ttor ey 12/5/2023
2 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.
City of Miami Page 3 of 3 File ID: 15174 (Revision:) Printed on: 7/18/2025