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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #16876 Date: 10/31/2024 Commission Meeting Date: 12/12/2024 Requesting Department: Office of Management and Budget Sponsored By: District Impacted: All Type: Resolution Subject: Approve - Capital Amendment - MDC Transportation Surtax - FY 2024-25 Purpose of Item: TO APPROPRIATE THE CITY'S PORTION OF THE TRANSPORTATION SURTAX FUNDING FROM MIAMI-DADE COUNTY CITIZENS' INDEPENDENT TRANSPORTATION TRUST (CITT) FOR EXISTING AND ADDED PROJECTS WHICH WILL AMEND THE FISCAL YEAR 2024-25 MULTI -YEAR CAPITAL PLAN ADOPTED WITH MODIFICATIONS ON SEPTEMBER 4, 2024, PURSUANT TO RESOLUTION NO. 24-0328. Background of Item: The Office of Management and Budget along with various City departments managing capital projects are recommending the programing and appropriating of Miami -Dade County Transportation Surtax funding to eligible capital projects, requiring the existing Capital Plan, adopted as Resolution No. 24-0328 be further amended to reflect these changes. Budget Impact Analysis Item is NOT Related to Revenue Item is an Expenditure Item is NOT funded by Bonds Total Fiscal Impact: Total Fiscal Impact: $ TBD CIP Project No: Various Office of Management and Budget Office of Management and Budget City Manager's Office 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 Reviewed B Lai -wan McGinnis Marie Gouin Larry M. Spring Natasha Colebrook -Williams Valentin J Alvarez Arthur Noriega V Xavier Alban George K. Wysong III Maricarmen Lopez Mayor's Office City Clerk's Office Budget Analyst Review Department Head Review Assistant City Manager Review Deputy City Manager Review Legislative Division Review City Manager Review ACA Review Approved Form and Correctness Meeting Completed Completed Completed Completed Completed Completed Completed Completed Completed Signed by the Mayor Completed Signed and Attested by the City Clerk Completed 11/12/2024 4:08 PM 12/03/2024 4:07 PM 12/03/2024 6:48 PM 12/03/2024 7:27 PM 12/03/2024 7:47 PM 12/03/2024 8:05 PM 12/03/2024 8:20 PM 12/03/2024 8:49 PM 12/12/2024 9:00 AM 12/13/2024 2:19 PM 12/13/2024 2:20 PM Office of the City Clerk City Clerk's Office Rendered Completed 12/13/2024 2:20 PM City of Miami Legislation Resolution Enactment Number: R-24-0500 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 16876 Final Action Date:12/12/2024 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING, AUTHORIZING, AND DIRECTING THE CITY MANAGER TO UNDERTAKE THIS AMENDMENT IN ORDER TO ADD TO AND TO REVISE CAPITAL PROJECTS IN THE CITY OF MIAMI'S ("CITY") FISCAL YEAR 2024-2025 MULTI- YEAR CAPITAL PLAN ADOPTED ON SEPTEMBER 7, 2024, PURSUANT TO RESOLUTION NO. R-24-0328 ("ADOPTED CAPITAL PLAN"), AS SUBSEQUENTLY AMENDED, AND TO APPROPRIATE FUNDING FOR ADDED PROJECTS IN ACCORDANCE WITH EXHIBIT "A," ATTACHED AND INCORPORATED; RATIFYING, APPROVING, AND CONFIRMING CERTAIN NECESSARY ACTIONS BY THE CITY MANAGER AND DESIGNATED CITY OFFICIALS AND DEPARTMENTS IN ORDER TO UPDATE THE RELEVANT FINANCIAL CONTROLS AND COMPUTER SYSTEMS IN CONNECTION THEREWITH FOR ONGOING CAPITAL PROJECTS, PROJECT CLOSE-OUTS, AND FOR GRANTS AND OTHER FUNDING SOURCES IN PROGRESS IN CONNECTION HEREWITH; PROVIDING AN EFFECTIVE DATE. WHEREAS, on March 31, 2022, the Citizens' Independent Transportation Trust ("CITT") adopted CITT Resolution No. 22-006 instructing the Office of the Citizens' Independent Transportation Trust ("OCITT") to withhold Surtax funds from the City and to recapture said funds should the City fail to adequately address concerns raised in the most recent audit of the City by the County Audit and Management Services Department ("AMS") in a timely and satisfactory manner; and WHEREAS, on April 5, 2022, the OCITT transmitted to the City a copy of the rendered CITT Resolution No. 22-006 along with a letter stating that the OCITT had immediately commenced withholding Surtax funds from the City; and WHEREAS, on September 25, 2024, the CITT adopted CITT Resolution 24-022 authorizing the OCITT to discontinue the withholding of Charter County Transportation Surtax ("Surtax") Funds from the City of Miami, and to release any previously withheld Surtax Funds, upon the City and OCITT's mutual agreement on an enhanced reporting, monitoring and milestone plan for the timely and satisfactory expenditure of the City's Surtax Funds; and WHEREAS, the City and OCITT have come to a mutual agreement on an enhanced reporting, monitoring and milestone plan for the timely and satisfactory expenditure of the City's surtax funds; and WHEREAS, pursuant to representations made by the OCITT, the City anticipates it will receive the Surtax funds before the end of the 2024 Calendar Year; and WHEREAS, on November 19, 2024, the OCITT notified that City that OCITT was transferring an amount not to exceed $75,583,814.72 in previously withheld Surtax funds with interest to the City pursuant to CITT Resolution No. 24-022; and 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 2024- 2025 Multi -Year Capital Plan adopted on September 7, 2024 pursuant to Resolution No. R-24- 0328, as subsequently amended ("Adopted Capital Plan"); and WHEREAS, as set forth in the Capital Budget Amendment, attached and incorporated as Exhibit "A," it is necessary to approve additional appropriations to the Adopted Capital Plan; 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 Commission hereby approves, directs, and authorizes' the City Manager to add capital projects to the Adopted Capital Plan, revise current appropriations among approved projects and appropriate funding for existing projects, all as set forth in Exhibit "A," attached and incorporated. Section 3. Certain necessary actions by the City Manager and designated City officials and departments made in order to update the City's relevant financial controls and computer systems for ongoing capital projects, project close-outs, and for grants and other funding sources in progress in connection with the Adopted Capital Plan, the Capital Budget Amendment, attached and incorporated as Exhibit "A," and the City's Final Operating Budget, as amended, to implement the Projects in connection herewith are ratified, approved, and confirmed. Section 4. This Resolution shall become effective immediately upon its adoption and signature by the Mayor.2 APPROVED AS TO FORM AND CORRECTNESS: rge Wy, ng IIV, Cty ttor -y 12/3/2024 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. 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.