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2002-037RESOLUTION NO. 2002-37 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, ACCEPTING AND ADOPTING IN PRINCIPLE, SUBJECT TO ANNUAL REVISION AND AUTHORIZATION, THE CITY OF AVENTURA CAPITAL IMPROVEMENT PROGRAM DOCUMENT FOR FISCAL YEAR 2002/03 TO 2006/07 AUTHORIZING THE CITY MANAGER TO DO ALL THINGS NECESSARY TO CARRY OUT THE AIMS OF THIS RESOLUTION; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Capital Improvement Program document for fiscal years 2002/03 to 2006/07, attached hereto was presented and recommended to the City Commission of the City of Aventura by the City Manager as a long term plan of proposed capital expenditures, the means and methods of financing the projects and an action plan for the implementation of the projects; and WHEREAS, the City Commission recognizes the need to adopt a Capital Improvement Program to address Beautification and Parks, Roads, Drainage and Infrastructure Improvements, Public Buildings and Facilities, Information Technology and Capital Equipment Purchase and Replacement which represents a commitment by the community toward achievement and maintenance of a desirable high quality of life for all residents; and WHEREAS, the City Commission recognizes the need to formulate a Capital Improvement Program which adopts a sound financing plan that includes both pay-as- you-go and financing. Resolution No. 2002-37 Page 2 WHEREAS, the City Commission has reviewed the Capital Improvement Program document at a public meeting of the City Commission and wishes to adopt said document in concept. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, THAT: Section 1. The City Commission hereby accepts and adopts in principle, subject to annual revisions and authorization, the City of ,Aventura Capital Improvement Program document for fiscal years 2002/03 to 2006/07 attached hereto and incorporated herein as specifically as if set at length herein. Section 2. The City Manager be and the same is hereby authorized to do all things necessary and expedient in order to carry out the aims of this Resolution. Section 3. This Resolution shall take effect immediately upon adoption. The foregoing Resolution was offered by Commissioner Rogers-Libert, who moved its adoption. The motion was seconded by Commissioner Holzberg, upon being put to a vote, the vote was as follows: Commissioner Jay R. Beskin yes Commissioner Ken Cohen yes Commissioner Manny Grossman yes Commissioner Harry Holzberg yes Commissioner Patricia Rogers-Libert yes Vice Mayor Arthur Berger yes Mayor Jeffrey M. Perlow yes Resolution No. 2002-3__~7 Page 3 PASSED AND ADOPTED this 4t~ day of June, 2002. ~d'ECFRI~Y M. PERLOW, MAYOR ATT.~T: /~ ~ '~F.z~ESA M.(S'~ROK/A, CMC OI'TY CLERKx.j APPR(~)~O ~FICIENCY: CITY ATTORNEY City of Aventura Capital Improvement Program 2002/03 - 2006/07 CAPITAL IMPROVEMENT PROGRAM 2002~03 -2006~07 CITY OF AVENTURA CITY COMMISSION Mayor Jeffrey M. Pedow Vice Mayor Arthur Berger Commissioner Jay R. Beskin Commissioner Ken Cohen Commissioner Manny Grossman Commissioner Harry Holzberg Commissioner Patricia Rogers-Libert CITY MANAGER Eric M. Soroka DEPARTMENT DIRECTORS Weiss Serota Helfman Pastoriza & Guedes, P.A., City Attorney Harry M. Kilgore, Finance Support Services Robert M. Sherman, Community Services Teresa M. Soroka, City Clerk Thomas Ribel, Police Chief City of Aventura Government Center 19200 West Country Club Drive Aventura, Florida 33180 Office of the City Manager The Honorable Mayor and Members of the City Commission City of Aventura Aventura, Flodda 33180 Enclosed herein is the proposed City of Aventura Capital Improvement Program (CIP) for the fiscal period October 1, 2002 through September 30, 2007 and the proposed Capital Budget for the Fiscal pedod October 1, 2002 through September 30, 2003. This document represents an update of the CIP that was originally prepared for the five year cycle of 2001 to 2006. The update process is important for the ClP to become a continuing and ongoing planning/implementation process. The last four years of last year's program were reevaluated in light of unanticipated needs, cost revisions, new project priorities and the financial condition of the City. In addition, the CIP was updated to add new projects in the fifth year (2006/07) to complete the cycle. Projects included within the framework of the program were based on input from Commissioners, staff, City consultants and citizens. The pdmary goal of the Capital Improvement Program is to develop a long-term plan of proposed capital expenditures, the means and methods of financing, and a schedule of priorities for implementation. The program forms the foundation for governmental participation in the development process and represents a commitment by the community toward the achievement and maintenance of a desirable high quality of life. The facilities and service provided by the City government are intended to offer the greatest citizen benefit and reflects the City's identified needs, desires, and financial capabilities. It is important to stress that the CIP is a planning tool to evaluate infrastructure needs of the City as well as the financial capabilities of the City. in order to determine the impact of the CIP on the City's future operating budget, the City Commission and residents will be provided with the benefits of a CIP document which serves as a point of reference and includes an estimated long-term budget plan. PHONE: 305466-8910 ° F~X: 305-466-8919 Each year the CIP document will be updated and an additional fiscal year will be added to complete the cycle. The CIP thus becomes a continuing and ongoing process. The following represents the significant revisions or modifications to the proposed CIP compared to the pdor document: · Construction of Charter School - $6,000,000. · Added newspaper stands - $45,000. · ' Added NE 207 south swale landscaping improvements - $75,000. · Added Hospital Distdct drainage improvements - $1,225,000 · Eliminate previously proposed increase in Stormwater Utility rate for 2002103 fiscal year. The proposed 2002 - 2007 Capital Improvement Program includes 22 projects in 5 functional categories with a total value of $33,875,847. The following represents the percentage of total funding that each functional category has been allocated: Beautification & Parks Facilities (17%), Public Buildings and Facilities Improvements (65%), Roadway, Drainage and Infrastructure Improvements (7%), Capital Equipment Purchase and Replacement (6%) and Information/Communication Technology (5%). Major emphasis was placed on the following projects: · Cultural Arts Center $16,000 · Charter School Construction 6,000 · Waterways Park Development 3,250 · Citywide Beautification Improvements 2,255 · Stormwater Drainage Improvements 1,500 · Road, Street Lighting & Safety Improvements 975 · Improved Radio Communications for Police services 500 000 000 000 000 000 000 000 The approval of the Cultural Arts Center is subject to raising $6,000,000 from private sources and voter approval for the tax increase necessary to fund the project. Two areas of improvement still needs to be investigated in future CIP documents. Construction costs associated with additional Charter Schools will be needed pending the necessary studies and public hearings. At the conclusion of the City's efforts to address the City assuming the Library Services currently provided by the County, revenues and costs associated with this project would need to be included in future documents. The program contains a detailed funding plan that forecasts revenues necessary to fund both the Capital Improvement Program and the operating budgets over the next five years. The proposed funding plan is based on the assumption that operating expenditures can be maintained at certain percentage increases and revenue increases at specified rates. It is significant to note that the funding plan has little financial impact on residents and the community. Importantly, it continues to establish an ongoing mechanism to address the City's infrastructure needs. The only tax increase included in the funding plan is designed to support the proposed Cultural A~ts Center and is subject to voter approval. However, depending on economic trends that exist in 2005 and the impact of the new facilities and expanded services, the necessity for a tax increase in the fourth or fifth year should be seriously evaluated by the City Commission. I am proud of the many accomplishments and the support the City Commission and residents have shown in the implementation of the capital projects since the incorporation of the City. Our beatification projects, Government Center, Community Recreation Center and many other community enhancements continue to exhibit our commitment to excellence and professionalism. This document serves many purposes. Importantly it serves as an aid to the residents in providing a better understanding of the City's long-term capital needs and how the City intends to meet these demands. It also details our continuing efforts to address the needs and concerns of the citizens of Aventura while making prudent financial decisions which contribute to the City's long term financial health. The preparation and formulation of this document could not have been accomplished without the dedicated efforts of all Department Directors and their staff. Their professional efforts have assisted in the preparation of this important planning program. I request and recommend that you take the following actions regarding the proposed 2002 - 2007 Capital Improvement Program: 1. Hold a workshop to review the CIP document. 2. Transmit copies of the CIP summary document to the public. 3. Hold a public hearing to conceptually adopt the final CIP document, by resolution, for implementation. All questions relating to the CIP should be referred to my attention. R~3ffY submi7' City Manager~,.~ EMS/aca CAPITAL IMPROVEMENT PROGRAM 2002 - 2007 HIGHLIGHTS Construction of new $6,000,000 Charter Elementary School serving K-5 on NE 188t~ Street. Development and construction of the expanded 6 acre Waterways Park facility on NE 213th Street. Construction of a Cultural Arts Center to expand cultural activities for the community and enhance the quality of life for residents. Utilizes a stormwater utility program to correct and improve drainage along roadways for certain areas of the City. A total of $1,500,000 worth of improvements will be completed during the five year period. A total of $2,370,000 of Citywide beautification improvements including median landscaping, decorative street light fixtures, bus shelters and newspaper stands is funded to continue to fulfill our goal of being the most beautiful City in South Florida. Major improvements include: Country Club Drive, Yacht Club Way, NE 207th south swale area and William Lehman Causeway Road maintenance projects to enhance safety are included for NE 207th Avenue, Aventura Boulevard and Yacht Club Drive eastbound lanes. · Provides the necessary equipment to continue to provide high quality and effective police services · COntinues the implementation of technology improvements and management information systems to enhance the productivity and efficiency of city operations. Ensures that the tools of production, vehicles, equipment and technology, are available for city operations. CAPITALIMPROVEMENT PROGRAM 2002-2007 TABLE OF CONTENTS INTRODUCTION Purpose of the Capital Improvement Program Legal Authority Development of the Capital Improvement Program Capital Improvement Program Policies Preparing the Capital Budget Locating a Specific Capital Project Reading the Program Schedules OVERVIEW OF RECOMMENDED PROJECTS Summary of Recommended Projects Summary of Major Programs Summary of Proposed Appropriations by Funding Source Summary of Project by Location and Year FUNDING PLAN Introduction Debt vs. Pay As You Go Financing Required Separation of Funding Sources Summary Proposed Financing Plan General Fund Long Term Financing Action Plan Proposed Financing Plan Park Development Fund Proposed Financing Plan Police Impact Fee Fund Proposed Financing Plan Charter School Fund PAGE 1 2 2 3 4 4 5 6 6 7 8 9 9 10 11 12 17 18 19 2O Proposed Financing Plan Stormwater Utility Fund PROJECT DESCRIPTIONS AND FUNDING SCHEDULES Beautification and Park Facilities Improvements Roadway, Drainage and Infrastructure Improvements Public Buildings and Facilities Improvements Information/Communications Technology Capital Equipment Purchase and Replacement 21 23 31 37 4O 46 INTRODUCTION City of Aventura INTRODUCTION This section describes what a Capital Improvement Program is and the process for developing the City of Aventura Capital Improvement Program and Capital Budget. This introduction also explains how to locate a specific project in this document. PURPOSE OF THE CAPITAL IMPROVEMENT PROGRAM The purpose of the Capital Improvement Program (CIP) is to establish a long term plan of proposed capital expenditures, the means and methods of financing, and a schedule of priorities for implementation. In order to determine the impact on the City's operating budget, debt service and the general trend of future expenditures, the City Commission will be provided with the advantage of a CIP document as a point of reference and estimated long term budget plan. In accordance with the State's Growth Management Act, the City is required to undergo this process in order to meet the needs of its Comprehensive Plan. The CIP is an official statement of public policy regarding long-range capital development in the City of Aventura. A capital improvement is defined as a capital expenditure of $2,500 and office equipment expenditure of $500 or more, resulting in the acquisition, improvement or addition to fixed assets in the form of land, buildings or improvements, more or less permanent in character, and durable equipment with a life expectancy of more than one year. The CIP lists proposed capital projects to be undertaken, the year in which they will be started, the amount expected to be expended in each year and the method of financing these projects. Based on the CIP, a department's capital outlay portion of the annual Operating Budget will be formulated for that particular year. The CIP document also communicates to the citizens, businesses and interested parties the City's capital priorities and plan for implementing projects. The five-year CIP is updated annually to add new projects in the fifth year, to re- evaluate the program and project priorities in light of unanticipated needs, and to revise recommendations to take account of new requirements and new sources of funding. Capital Improvement programming thus becomes a continuing part of the City's budgeting and management procedures. The annual capital programming process provides the following benefits: 1. The CIP is a tool for implementing the City's Comprehensive Plan. The CIP process provides a mechanism for coordinating among projects with respect to function, location, and timing. The yearly evaluation of project priorities ensures that the most crucia projects are developed first. City of Aventura The ClP process facilitates long-range financial planning by matching estimated revenue against capital needs, establishing capital expenditures and identifying the need for municipal borrowing and indebtedness within a sound long-range fiscal framework. The sound fiscal policy that results from this process will have a positive impact on the City's bond rating. The impact of capital projects on the City's operating budget can be projected. The CIP serves as a source of information about the City's development and capital expenditures plan for the public, City operating departments, and the City Commission. LEGAL AUTHORITY A capital programming process to support the comprehensive plan is required by the Local Government Comprehensive Planning and Land Development Regulations, incorporated as Chapter 163, Florida Statues. DEVELOPMENT OF THE CAPITAL IMPROVEMENT PROGRAM The City's capital programming process began in December when operating departments were required to prepare requests for all proposed capital projects anticipated during the period of 2002 - 2007. A ClP Preparation Manual and related forms were distributed to all departments for this purpose. In February, departmental prioritized project requests were submitted to the City Manager's Office. Department Directors were asked to justify projects in terms of benefits derived, necessity to health, safety and welfare of the City, enhancement to City plans and policies, need of residents and funding. Projects were prioritized on the basis of Urgent, Necessary, Desirable, and Deferrable. The City Manager reviewed departmental requests and conducted individual meetings with Department Directors. The departmental requests were prioritized and the five- year schedule of projects was compiled into document form by the City Manager. The methods of financing and revenue sources were then prepared by the Finance Support Services Director and City Manager and were incorporated into the CIP document. At this point, the proposed CIP is submitted to the City Commission and public for review. In order to facilitate public involvement, public hearings and community meetings will be held to unveil and review the CIP document prior to the adoption of a Resolution approving the ClP in principle. Capital Improvement Program 2002-2007 Page 2 City of Aventura CAPITAL IMPROVEMENT PROGRAM POLICIES 10 11. 12. 13. 14. 15. 16. Annually, the City will prepare a five-year capital improvement program analyzing all anticipated capital expenditures and identifying associated funding sources. Future capital expenditures necessitated by changes in population, changes in development, growth, redevelopment or changes in economic base will be calculated and included in the Capital update process. The City will perform all capital improvements in accordance with an adopted capital improvement program. The classification of items as capital or operating will be determined by two criteda - cost and frequency. Generally, a capital project has a "useful life" of more than one year and a value of $2,500 or more, or for office equipment $500 or more. The City will coordinate development of the capital improvement budget with the development of the operating budget. Future operating costs associated with new capital improvements will be projected and includec~ in the operating forecasts. The first year of the five-year capital improvement program will be used as the basis for formal fiscal year appropriations during the annual budget process. The City will maintain all of its assets at a level adequate to protect the City's capital investment and to minimize future maintenance and replacement costs. The City will identify the estimated cost of capital projects and prepare a funding projection that considers revenues and operating costs to be included in the Capital Improvement Program document that is submitte¢ to the City Commission for approval. The City will determine the most appropriate financing method for all new projects. If appropriate, the City will attempt to maintain a mixed policy of pay-as-you-go and borrowing against future revenues for financing capital projects. The City will maintain ongoing maintenance schedules relating to road, sidewalk and drainage system improvements. The City will address and prioritize infrastructure needs on the basis of protecting the health, safety and welfare of the community. A CIP preparation calendar shall be established and adhered to. Capital projects will conform to the City's Comprehensive Plan. Long-term borrowing will not be used to fund current operations or normal maintenance. The City will strive to maintain an unreserved general fund balance at a level not less than 7.5% of the annual general fund revenue. If new project appropriation needs are identified at an interim period during the fiscal year, the funding sources will be identified and mid-year budget · Caoital Imorovement Prnnr~m ~)0~-~0~7 D-.,-,.. '~ City of Aventura amendments will be utilized to provide formal budgetary authority. In addition budget amendments may be utilized to increase appropriations for specific capital projects. PREPARING THE CAPITAL BUDGET The most important year of the schedule of projects is the first year. It is called the Capital Budget and is adopted separately from the five year program as part of the annual budget review process. Based on the CIP, each department's capital outlay portion will be formulated for that particular year. Each year the CIP will be revised and another year will be added to complete the cycle. Capital Improvement Programming thus becomes a continuing part of the City's budget and management process. The Capital Budget is distinct from the Operating Budget. The Capital Budget authorizes capital expenditures, while the Operating Budget authorizes the expenditure, in the coming year, of funds for employee salaries, supplies, and materials. Through the City's amendment process, changes can be made to the adopted Capital Budget during the fiscal year. A request for amendment is generated by an operating department based on an urgent need for new capital project or for add t ona funding for a previously approved project. The request is reviewed by the Finance Support Services Director and City Manager and, if approved by the City Manager, a budget amendment is presented to the City Commission. LOCATING A SPECIFIC CAPITAL PROJECT The Capital Improvement Program is divided into five program areas as follows: Beautification and Parks (BP) Roads, Drainage and Infrastructure Improvements (RDI) Public Buildings and Facilities (PBF) Information/Communication Technology (ICT) Capital Equipment Purchase & Replacement (CE) Each project in the Capital Improvement Program has a unique project number. This project number appears at the beginning of the individual project descriptions and the Summary by Year tables. The first digit refers to functional category priority number assigned by the City Manager. The final digits outline the individual department requesting the project. For example, project RDI-I-CS is Roads, Drainage and Infrastructure Improvements project number one which was requested by the Community Services Department. Capital Improvement Program 2002-2007 Page 4 City of Aventura READING THE PROGRAM SCHEDULES Detailed information about each capital project is presented in the section titled "Capital Improvement Program Project Descriptions and Funding Schedules". The section is arranged by program area and functional category and includes a description of each project and the funding schedules. Project timetables for each functional category are indicated in the Summary by Year tables. The funding schedules are based on the funding needed to complete an individual project. A project's funding may continue for several years depending on the development timetable. Each program has a separate Funding Plan Table that outlines the revenue sources proposed to fund project expenditures. o~ E~ OVERVIEW OF RECOMMENDED PROJECTS City of Aventura OVERVIEW OF RECOMMENDED PROJECTS SUMMARY OF RECOMMENDED PROJECTS The proposed 2002 - 2007 Capital Improvement Program includes 22 projects in 5 functional categories with a total value of $33,875,847. The following represents the ~ercentage of total funding that each functional category has been allocated: Beautification & Parks Facilities (17%), Public Buildings and Facilities Improvements (65%), Roadway, Drainage and Infrastructure Improvements (7%), Capital Equipment Purchase and Replacement (6%) and Information/Communication Technology (5%). SUMMARY OF MAJOR PROGRAMS The following table presents a summarized breakdown of the costs of the various projects recommended for funding categorized by major function for each of the five ,ears covered by the Capital Improvement Program. Table 1 Capital Improvement Program 2002/03-2006/07 Summary By Function 'rogram 2002/03 2003~04 2004105 2005/06 2006~07 TOTAL Beautification & Parks Facilities $ 937,000 $ 3,500,000 $ 1,165,000 $ 76,000 $ 0 $ 5,677,000 Roadway, Drainage & 110,000 515,000 675,000 976,000 300,000 2,476,000 Infrastructure Public Buildings & Facilities 6,000,000 0 8,000,000 8,000,000 0 22,000,000 Information/Communication 384,750 316,000 306,750 309,900 301,750 1,618,150 Technology Capital Equipment 556,107 418,010 421,950 334,300 375,330 2,105,697 Totals $ 7,987,857 $4,749,010 $ 10,467,700 $ 9,694,200 $ 977,080 $ 33,875,847 Information 6% Capital Equipment Beautification & 6% Parks 17% Roadway, Drainage & Infrastruture 7% Public Buildings 65% Capital Improvement Program 2002-2007 Page 6 City of Aventura SUMMARY OF PROPOSED APPROPRIATIONS BY FUNDING SOURCE The following table reflects the distribution of all proposed projects to the fund!ng source or mechanism, which is appropriate for funding the projects for each of the five years of the program. Table 2 Capital Improvement Program 2002/03-2006/07 Summary By Funding Source Funding Source 2002/03 2003/04 2004/05 2005/06 2006107 TOTAL Police Impact Fees Park Development Stormwater Utility Charter School Loan Proceeds Grants G.O, Bond Private Donations $1,782,031 $3,620,760 $1,944,450 $1,238,700 $851,580 $9,437,621 95,826 163,250 98,250 65,500 75,600 488,326 0 300,000 300,000 110,000 515,000 425,000 400,000 50,000 1,500,000 6,000,000 6,000,000 $ 7,987,857 150,000 1,500,000 1,650,000 6,500,000 0 6,500,000 8,000,000 0 0 8,000,000 $ 4,749,010 $ 10,467,700 $ 9,694,200 $ 977,080 $ 33,875,847 The proposed funding plan involves a commitment to annual appropriations established in yearly budgets and long term financing for major projects that are contained in Table 4, Capital Improvement Program Long Term Financing Action Plan, page 17. Funding Source Summary General 28% GO Bom 19% Police Impact Fees 1% Park Development 1% Stormwater Utility 4% Grants 8% Charter School Loan Proceeds 18% Private Donations 24% Capital Improvement Program 2002-2007 Page 7 City of Aventura SUMMARY OF PROJECTS BY LOCATION AND YEAR The following outlines the major projects by location and the year they are proposed to be funded: Table 3 Capital Improvement Program 2002/03-2006/07 Summary By Location Location Beautification Road Street Drainage Park ' improvements Improve Lighting improve Improve Facilities Improve Founders Park Improvements Waterways Park Development Charter School ConstrucUon Country Club Drive 2002/03 Yacht Club Way 2002/04 William Lehman Causeway 2004/05 Hospital District Area NE 190~' Street Yacht Club Drive Eastbound Lanes Cultural Arts Facility Aventura Bird NE 207m Street 2006/06 2006107 2005106 2006106 2004/06 2003104 2003-2005 2002/03 2002&2004 2002/2004 2002/03 2004-2005 FUNDING PLAN City ofAventura FUNDING PLAN INTRODUCTION In order for a Capital Improvement Program to be an effective management planning tool, the program must include not only a compilation of major capital needs and their costs but also a financing plan for the entire life of the program. This financing plan must include an analysis of the available resources which will be used to fund not only the Capital Improvement Program itself but the required operating expenses and debt service requirements of the City. In order to ensure that the financing plan is complete in every respect, the plan formulation process must include: A projection of revenues and resources which will be available to fund operating and capital expenditures during the life of the Capital Improvement Program. A projection of future years' operating expenditure levels which will be required to provide ongoing services to City residents. Once the Capital Improvement Program projects have been evaluated, a determination is made of the projects to be funded and the timing of the cash outflow for each project. The information is then tabulated to determine the amounts required to fund the Capital Improvement Program for each year. From the information obtained, in 1 through 3 above, the additional resources required to fund the CIP will be determined and a decision will be made on whether the program is to be financed by the issuance of debt, on a pay-as-you-go basis or some combination of the two. The financing plan prepared in such a manner will be as accurate as possible and should be an informative document to all City residents. However, due to the uncertainty involved in projecting operating cost increases, the community's desire for service increases and the inflow of resources over a five year period, the financing plan presented should be viewed as a theoretical framework to be adjusted each year based on the most recent information available at that time. This will be accomplished by updating the financing plan each year, adopting operating and capital budgets, and ordinances to implement fee structures which will be required to fund the program each year. DEBT VS PAY-AS-YOU-GO FINANCING Debt financing through the issuance of long term bonds is most appropriate when: 1. There are a small number of relatively large dollar value projects. City ofAventura The large projects cannot be broken into segments and the costs distributed over a larger time frame without impairing the usefulness of the project. 3. The projects are non-recurring Assets acquired have a relatively long useful life which equals or exceeds the life of the debt. Through long term bond financing, the costs of a project having a long useful life can be shared by future residents who will benefit from the projects. In contrast, pay-as-you-go financing is most appropriate for a Capital Improvement Program which includes: 1. A large number of projects having a relatively small dollar value. Projects which can be broken into phases with a portion completed each year without impairing the overall effectiveness of the project. 3. Projects which are of a recurring nature. 4. Projects where the assets acquired will have relatively short useful lives. The primary advantage of pay-as-you-go financing is that the interest costs and costs of bringing a bond issue to market can be avoided. However, if inappropriately used, this financing plan may cause tax rates and fee structures to increase suddenly and may result in current residents paying a greater portion of projects which benefit future residents. In summary, the choice of the appropriate financing plan will be contingent upon an analysis of the projects to be included in a Capital Improvement Program. REQUIRED SEPARATION OF FUNDING SOURCES In order to comply with accepted governmental accounting practices and to ensure compliance with City Codes and any related Bond Indentures, the analysis and financing plan contained herein will be presented within their respective funds. Projects funded on a pay-as-you-go basis will directly relate to the Capital Fund Budget from where the source of funding is derived. Each of these Budgets will appear in the Annual Operating and Capital Improvement Budget, which is adopted each year. Those funds are currently represented as follows: 1. General Fund 2. Police Impact Fee Fund Capital Improvement Program 2002-2007 Page 10 City of Aventura 3. Park Development Fund 4. Stormwater Utility Fund 5. Charter School Fund 6. Capital Construction Fund In accordance with accounting, legal and internal revenue requirements, all projects to be completed with the proceeds received from the sale of Bonds or loans will be accounted for in the Capital Construction Fund, Charter School Fund or Stormwater Utility Fund. SUMMARY Detailed funding plans for individual funds of the City are enclosed herein in the following sections. The following represents an overview of the major points of the recommended funding plan: 1. Utilize "pay - as - you - go" financing through annual appropriations to fund $21,375,847 of the total five year amount of $33,875,847 2. If approved by the voters, and subject to obtaining $8,000,000 in private donations and $1,500,000 in state grants, issue long term general obligation bonds with proceeds in the amount of $6,500,000 to fund the Cultural Arts Center. The annual debt service payment of $500,000 would be paid from a voter approved debt service tax increase of 7.0%, which is approximately $32.00 a year for the average resident. Utilize long term debt acquired in 2001/02 in the amount of $6,000,000, to fund the construction and equipping of the charter elementary school. The annual debt service will be paid from charter school revenue sources. 4. Utilize funding from impact fees and grants in the amount of $638,326 to assist in the funding of the Waterways Park and police equipment. No increase in the operating ad valorem tax rate is proposed over the first four years. However, depending on economic trends that exist in 2005 and the impact of the new facilities and expanded services, the necessity for a tax increase in the fourth or fifth year should be seriously evaluated by the City Commission. City of Aventura PROPOSED FINANCING PLAN GENERAL FUND After evaluating the nature of the various projects that are included in the City's General Capital Improvement Program, it was decided that both pay-as-you-go and bond financing would be most appropriate for funding the program. Pay-As-You-Go It has been determined that those projects outlined in the five year program but not included in the Long Term Financing Action Plan will be financed under a pay-as-you-go methodology in that they, as heretofore described, represent a large number of relatively small dollar recurring projects. Bond or Loan Financin.q It has been determined that those projects as shown on the Long Term Financing Action Plan will be financed through the issuance of bonds or short - term loans. As explained earlier this financing methodology works well with a small number of relatively large dollar value non recurring projects which generally will exist to benefit current and future residents during the life of the debt. FINANCING PLAN TABLES Based on this decision, the analysis which follows is aimed at developing a financing plan which will allow the City to fund General Government Services operating expenditures and all projects recommended for funding in the General Capital Improvement Program for each year of the program. Table 1 presents a five (5) year projection of resources which will be available for General Government Services. Unless shown by an asterisk (*), the amount projected for each revenue is based on the tax rate or fee structure in effect dudng the 2001/02 fiscal year. Revenue descriptions followed by an asterisk (*) were computed based on a projected increase in the rate structure as discussed in the assumption of projections. Table 2 presents a five (5) year projection of required operating expenses for General Government Services which utilize the cost data as outlined in the assumption of projections. Table 3. is a recap of resources available to fund the General Capital Improvement Program based on projected revenues and expenditures and the proposed Capital Improvement Program appropriations for the five (5) years of the program. Please note that this analysis assumes that all available resources not needed to fund current operating expenditures will be transferred to the Capital Improvement Program Fund and that any balance in the Capital Improvement Program Fund will remain in the Capital Improvement Program. Through this process, the City will be able to accumulate a reserve which would be used to fund unexpected capital outlays or to fund future years' programs. Capital Improvement Program 2002-2007 Page 12 City of Aventura Table 4 presents an overview of projects included in the five year plan to be financed from bond proceeds. SUMMARY OF FINANCING PLAN MODEL Based on the proposed funding plan, other than voter approved tax increases to fund the proposed Cultural Arts Center, no increase in the operating ad valorem tax rate is proposed over the first four years. However, depending on economic trends that exist in 2005' and the impact of the new facilities and expanded-services~ the necessity for a-tax ~ncrease in the fourth or fifth year should be seriously evaluated by the City Commission. If operating expenditures increase at a higher rate. than expected, unanticipated events reduce key revenue-sources, or an unforeseen emergency occurs dudng the five year period operating ad valorem tax rate increases will be required. It should be made clear that the funding plan is based on a series of projections and assumptions. If events occur that revise the projections and assumptions, the financing ~lan will have to be updated and amended. The City of Aventura has one of the lowest tax rate in Dade County. The-following table :or Dares the tax rates of the cities located in Dado County: Pinecrest 2.1000 Aventura 2.2270 UMSA 2.4470 Sunny Isles 2.5000 Bal Harbour 3.1100 Sweetwater 3.4400 Key Biscayne 3,6060 Viq]inia Gardens 4,8430 Bay Harbor Island 5.0000 Coral Gables 5.5000 Surfside 5.6030 North Bay Village 5.7838 South Miami 6.3730 Hiaieah Gardens 6.9120 Hialeah 7.5280 El Portal 7.7000 Medley 7.9230 Miami Springs 8.0380 North Miami Beach 8.3960 Flodda City 8.4000 West Miami 8,4950 Homestead 8,5000 Golden Beach 8.5900 North Miami 8.7010 Miami Shores 8,8778 Biscayne Park 8.9000 Islandia 9.2263 Miami Beach 9,5080 Indian Creek 9,6612 Opa Locka 9.8000 Miami 10,7750 Capital Imorovement Proorarn~2002-2007 r~sn= 4 · City ofAventura TABLE 1 PROJECTION OF RESOURCES AVAILABLE FOR G ENERAJ= GOVERNMENT SERVICES CURRENT YEAR REVENUES AVAILABt. E FOR GENERAL OOVERMENT SERVICES MISC. REVENUES TOTAL CURRENT YEAR REVENUES TRANSFERS FROM STORMWATER UTILITY $8,289,000 $8,662,005 $9,051,795 $9,459,126 $9,742,9(~0 $t 0,035,187 (a) 657,409 677,132 697,445 (b) (a) (b) (c) (d) (e) (0 (g) (h) (i) (I) NOTES TO ASSUMPTION OF PROJECTIONS Ad valorem Tax revenue net of any tax increase will grow at the rate of 4.5% for 2002 to 2004, and 3.0% thereafter. Proposed 7% tax increase if approved by voters for Cultural Arts Center. FPL Franchise Fees from Dade County will grow at the rate of 2.5% per year.. Franchise fees will grow at the rate of 3 % per year. Utility taxes will grow at the rate of 3% per year. Occupational Licenses will grow at the late of 3.5% per year. Building related revenues will decrease at the rate of $100,000 per year beginning in 2003 and level off at $500,000 per year in 2005. State shared revenues will grow at the rate of 3.5% per year. Half-cent sales tax will grow at the rate of 3.5% per year. Charges for services will grow at the rate of 3.5% per year. Fines & forfeitures will grow at the rate of 3% per year. Gas Tax revenues will grow at the rate of 3.5% per year. r~ Capital improvement Program 2002-2007 Page 14 City of Aventura TABLE2 PROJECTION OF OPERATING EXPENDITURES FOR GENERAL GOVERNMENT SERVICES DEPARTMENT 2001/02 2002/03 2003~04 2004~05 2005/06 2006/07 City Commission $106~105 office of the City Manager 533,144 Ftnance Support Services 862,887 Legal 205,000 City Cleck 185,875 Public Safety 6,712,269 Community Development 1,366,570 Cultural Arts Center Community Services 2,930,314 Non - Departmental 720,000 TOTAL PROJECTED OPERATING EXPENDITURE! GENERAL GOVERNMENTAL SERVICES $ 13~622,165 1999 Debt Service 1,358,025 2008 Debt Service 509,284 2002 Debt Service 200,000 2004 Debt Service (Cultural Center) TOTAL PROJECTED OPERATING EXPENDITURE~ $ 14,980,190 108,228 $ 110,393$ 112,601$ 114,853$ t17,150 586,458 633,375 684,045 738,769 797,870 ~40,547 1,025,196 1,117,464 1,218,035 1,327,659 209,100 213,282 217,548 221,899 226,337 200,745 216,805 234,149 252,881 273,111 7,584,864 8,267,502 9,011,577 9,822,619 10,706,054 1,369,063 1,321,742 1,274,612 1,200,597 1,123,621 130,000 145,000 150,000 3,369,042 3,638,566 4,079,651 4,406,023 4,758,505 856,000 924,480 993,816 1,C68,352 1,148,479 $ 15,224,047 $ 16,351,340 $ 17,855,462 $ 18,189,027 $ 20r62~,385 1,365,0Q~ 1,365,000 1,365,000 1,365,000 1,365,000 NOTES TO ASSUMPTION OF PROJECTIONS Operating expenditures will increase by 12% in 2002/03 and between 7 to 8% thereafter. The following chart illustrates that half of the operating budget is committed to providing public safety services. Office of the City Finance Support Commission/Legal Manager Services 2% 4% 7% Non-Departmen~l 5% City Clerk 1% Community Services 23% Community Development 6% Public Safety 52% Capital Improvement Program 2002-2007 Page 15 City of Aventura TABLE 3 RECAP OF AVAILABLE RESOURCES v$ PROPOSED APPROPRIATIONS GENERAL CAPITAL IMPROVEMENT PROGRAM 2002/03 2003/2004 2004/05 2005/06 2006/07 TOTAL PROJECTED AVAILABLE RESOURCES $20,719,967 $21,180,193 $22,311,090 $22,928,621 $23,659,862 PROJECTED OPERATING EXPENDITURES TR,~NSFER TO GENERAL CAPITAL IMPROVEMENT PROGRAM BALANCE FROM PREVIOUS YEAR TOTAL AVAILABLE RESOURCES FOR ClP 17,502,047 18,676,340 207~0,462 22,014,027 23,454,385 3,217,919 2,503,853 1,630,628 914,594 205,477 6,921,656 8,357,544 7,240,637 6,926,816 6,602,710 10,139,575 10,861,397 8,871,266 7,841,410 6,808,187 PAY-AS-YOU-GO PROPOSED APPROPRIATION - CIF 1,782,031 3,620,760 1,944,450 1,238,700 851,580 BALANCE IN CIP - END OF YEAR $6,357,544 $7,240,637 $6,926,816 $6,602,710 $5,956,607 $25,000,000 = - Revenues ~ Expenditures .... ClP ~"Fund Balance $20,000,000 $15,000,000 $10,000,000 $5,000,000 $0 2002/03 2003104 2004/05 2005/06 2006/07 Capital Improvement Program 2002-2007 Page 16 City of Aventura CAPITAL IMPROVEMENT PROGRAM LONG TERM FINANCING ACTION PLAN The following Action Plan has been prepared to provide an overview of projects included in the five year plan to be financed from bond proceeds: Table 4 2002 Loan Proceeds $6,000,000 Charter School Construction * debt service payments to be paid by Charter School Fund. Proposed 2004 General Obli.qation Bond Series** $6,500,000 Cultural Arts Center Project ** to be secured by tax increase which requires voter approval. City of Aventura PROPOSED FINANCING PLAN PARK DEVELOPMENT FUND The Park Development Fund is used to account for revenues specifically earmarked for capital improvements to the City's park system. Impact fees from new development become a funding source for future park development plans. For purposes of this five year plan, impact fees will be utilized to assist in funding the Waterways Park project. This fund will also be used to account for the grant funding obtained for the proposed Cultural Arts Center or other park property purchases. Table 5 Recap of Available Resources and Proposed Appropriations Park Development Fund ClP 2002/03 -2006/07 Revenues 2003/04 Park Impact Fees $300,000 Grants 150,000 Total Available Resources for ClP 450,000 Proposed Appropriations $450,000 Balance $0 Capital Improvement Program 2002-2007 Page 18 City of Aventura PROPOSED FINANCING PLAN POLICE IMPACT FEE FUND This fund was created to account for impact fees derived from new development and restricted by Ordinance for Police Capital Improvements. This fund will provide a funding source to assist the City in providing police capital improvements required by growth. The proposed revenues derived from the Police Impact Fee Fund for the five year )eriod is $494,426. Major capital outlay items include new equipment purchases required by growth in the police department. Table 6 reflects the anticipated revenues available and the proposed appropriations for these fund for the five year period. Table 6 Recap of Available Resources and Proposed Appropriations Police Impact Fee Fund ClP 2002/03 -2006/07 Revenues 2002/03 2003/04 2004/05 2005/08 2006/07 Police Impact Fees $95,826 $163,250 $98,250 $55,500 $75,500 Total Available Resources 95,826 163,250 98,250 55,500 75,500 for CIP Proposed Appropriations Balance $95,826 $163,250 $98,250 $55,500 75,500 $0 $0 $0 $0 $0 City of Aventura PROPOSED FINANCING PLAN CHARTER SCHOOL FUND CAPITAL IMPROVEMENTS This fund was created to account for revenues and expenditures specifically earmarked for the City's Charter Schools. The fund will account for both operating and capital revenues and expenditures, a well as repayment to the General Fund for start-up and debt service cost associated with the acquisition of land. Major capital outlay includes the construction and equipping of the new charter elementary school scheduled to open in August 2003. Table 6 reflects the anticipated revenues available and the proposed appropriations. Table 6 Recap of Available Resources and Proposed Appropriations Charter School Fund Capital Improvements C I P 2002/03 -2006/07 Revenues 2002/03 2002 Charter School Loan Proceeds $10,600,000 Less Land Purchase costs 2002 4,600,000 Total Available Resources for CIP 6,000,000 Proposed Appropriations ~6,000,000 Balance $0 The revenue to pay the debt service costs will be provided from the General Fund for the school property purchase and from Charter School Fund in the case of the Charter School Construction. Starting in 2004~05, The charter School will begin to repay the General Fund for the purchase of the school property via a lease arrangement between funds. Capital Improvement Program 2002-2007 Page 20 City of Aventura PROPOSED FINANCING PLAN STORMWATER UTILITY FUND The City of Aventura is responsible for stormwater management activities within the corporate boundaries. Dade County was responsible for stormwater facility constriction, operation and maintenance prior to the incorporation of the City. The County provided a very limited level of stormwater maintenance. Many drainage and flooding problems existed in the City that required major capital improvements. In order to address the deficiencies and develop an ongoing maintenance'program, a Stormwater Utility Fund was created. The Fund generates revenues for stormwater management costs, permitting and capital improvements from a source other than the General Fund, gas taxes or ad valorem taxes. The Utility relies on user fees charged to residents and businesses for generating revenues. The City has recognized the need and importance of taking a pro-active approach toward stormwater management. The stormwater drainage improvements contained in the five year Capital Improvement Program were based on a complete survey of all areas of the City conducted by the Community Services Department together with the City's consulting engineers. The Fund will be responsible for ongoing operation and maintenance costs, as well as capital improvements. The yearly operating expenses will be made by the General Fund and reimbursed by the Stormwater Utility Fund as a transfer of revenue. Table 7 reflects the anticipated revenues available and the proposed appropriations for the Stormwater Utility Fund for the five year period. A $2,100,000 loan was required in 2002 to fund prior capital improvements. The loan will be paid back over a ten year aeriod. A total of $1,500,000 worth of stormwater drainage projects will be completed during the five year period. The monthly rate charged to users per unit was $2.50 for 2001/02. It will increase to $2.75 beginning in 2005~06. DADE COUNTY MUNICIPALITIES STORMWATER UTILITY RATES Coral Gables $3.50 Golden Beach $12.00 Hialeah $2.50 Homestead $ 1.25 Key Biscayne $5.00 Medley $ 2.50 Miami $3.50 Miami Beach $ 2.50 Miami Shores $2.50 North Miami $ 2.50 ~ North Miami Beach $2.50 South Miami $ 2.50 Sweetwater $2.50 City of Aventura TABLE 7 REC.a~' O~ AVAI~ RESOL~CE$ vs Pf~31~3$ED APPf~OPRIATIONS STOR,'~NATER UTILITY FUND 2~01/02 20(~/03 2003/04 2004/(~ 20G~6 2(~6/07 31,519 32,307 33,114 33,942 34,791 $2.50 $2,50 S2.50 $2.75 $2.75 $945,563 ~69,202 $893,432 $1,120,094 $1,148,0~6 -37,823 -.38,768 -39,737 -44,804 -45,924 0 0 0 0 0 907,740 $ 930,434 $ 953,694 $ 1,075,260 $ 1,102,173 121.664 126.531 131,592 136,856 142,330 10,124 10,529 10,650 11,388 11,844 19,303 20;075 20,878 21,713 22,582 11,689 12.167 12,654 13,160 13.686 29.247 30,417 31,634 32.899 34~215 $192,037 $199,719 $207,708 $216,016 $224,657 $715.7(33 $730,715 $745,987 $859,274 $877,516 $301,722 $17,436 NOTES TO ASSUMPTION OF PROJECTIONS Table 7 (1) Projected to grow at an annual rate of: 2.5% (2) Equals Projected No. of Billable ERUs multiplied by the Monthly Rate Per ERU, with the result annualized. (3) Equals 4% of Gross Stormwater Utility Billings in Year Shown. (4) None projected. (5) Includes Operation and Maintenance, Administration, Review of Existing Account Data Costs. Beyond Fiscal Year 2002J03, projected to continue to grow at an annual rate of 4%. (6) Loan Repayment. - 10 years (7).Repayment of funds advanced from the General Fund in 1997/98 fiscal year (8) To finance a portion of the Annual CIP expenditures shown. CaPital Imorovement ProQram 2002-2007 P;n~ ~ PROJECT DESCRIPTIONS AND FUNDING SCHEDULES City of Aventura BEAUTIFICATION AND PARK FACILITIES IMPROVEMENTS This section includes beautification projects and improvements to the City of Aventura's )ark system and recreational facilities. There are 4 projects in the Capital improvement Program, which total $5,677,500. Special emphasis was given to implementing an ongoing beautification program and acquiring additional park sites and upgrading existing facilities. Policies The City of Aventura's investment in improvements to the City park system is based on the following policies: Goal: Provide adequate and accessible parks and facilities to meet the recreational needs of all current and future residents. · Continue to evaluate available vacant property for possible park sites. · Provide a variety of quality recreation facilities that will meet the needs of all age groups within the City and enhance the overall environmental characteristics of the area. · Maximize the utilization of all public facilities through the provision of variety in the type of facility offered. · Provide exercise/walking paths to enhance the physical well being of residents. · Provide recreational facilities on the basis of 2.75 acres per 1,000 population. · Encourage the integration of recreational facilities into the development of residential, commercial, industrial, and open space land uses. Goal: Update the 5-year CIP on a yearly basis. · Utilize impact fees to finance t[~e development of future recreational facilities. · Provide parks whereby residents have access to neighborhood parks within 2 mile radius and community parks which serve the entire City. Goal: Increase Safety Standards · Provide for adequate security measure including limited access facilities. · Replace dangerous equipment and eliminate visual barriers to reduce opportunities for crime. City of Aventura · Employ vandal-resistant equipment and facilities. · Maintain a Parks Usage Plan to protect the City's investment in the park system and insure the resident's safety. Goal: Protect and preserve environmentally sensitive land and water areas. · Preserve significant trees on existing sites. · Increase the utility of existing open space owned by the City. · Preserve and enhance open space with environmental impact. Existin,q Facilities There is 21.0 acres of open space and public park land in the City. Aventura Founders Park was opened in November 1998. This 11 acre site located on West Country Club Ddve and NE 190 Street includes both active and passive recreational opportunities. The park encompasses the following components: Jogging Path, tennis courts, gated entries, One ball field wi dugouts and backstops, Restroom Buildings, Decorative Fencing, Playground, picnic area, passive play areas, baywalk, landscaping, two parking lots, multi-purpose plaza areas, signage, benches, and security lighting. The Country Club Drive Exercise/Walking Path contains 5.5 acres that is classified as open space recreation area. This facility is used by residents for both recreational and exercise purposes. Waterways Park was acquired by the City in 1998 from a private developer. This 1 acre site was previously constructed by a private developer. The park is currently under design for a.major expansion. Millennium Park was purchased in 1998. This 3.5 acre site was one of the last remaining waterfront undeveloped parcels in the City. This site will connect to the proposed pedestrian promenade on NE 188th Street and contains the new Community/Recreation Center. Open passive and sitting areas are available at this location. Prior Accomplishments The following projects have been completed or are scheduled for completion as of the 2001/02 fiscal year: Capital Improvement Program 2002-2007 Page 24 City of Aventura Proiect Title Conceptual Design of Aventura Founders Park Design of Country Club Drive Exercise Safety Improvements Purchase of 5.5 acr~ for Aventura Found~m Park Bus Shelter & Bench Replacements Year 1996~97 1996~97 1996/97 1996/97, 1999~00, 1997/98, 1998/99 2000/01, 2001/02 Aventura BIvd Beautification Improvements 1997/98 Northern Entrance Beautification Improvements 1997/98 Aventura Founders Park Development 1997/98 Country Club Drive Exercise/Walking Path Improvements 1997/98 NE 183r~ Street Beautification Improvements 1997/98 NE 34 Avenue Beautification Improvements 1997/98 Library Landscaping Project 1997/98 Huber Tract Open Space Land Purchase 1998/99 NE 207th Street Beautification Improvements 1998/99 Country Club Dr. Exercise Path Safety Improvements 1998/99 NE 190th Street Beautification Improvements 1998/99 Biscayne Boulevard Phase I Beautification improvements 1998/99 FEC.Landscape Buffer 1998/99 NE 191th Street Beautification Improvements 1998/99 Waterways Park Improvements 1999/00 Founders Park improvements 1999/00, 2001/02 Biscayne Boulevard Phase II Beautification improvements 1999/00 th th NE 185 Street & NE 28 Ave Beautification Improvements 1999/00 NE 213th Street Beautification Improvements 2001/02 Aventura Blvd. Entrance Features 2001/02 Community/Recreation Center Conceptual Design 2000/01 Community Recreation Center Development 2001/02 Expanded Waterways Park Purchase 2001/02 Biscayne Boulevard Phase il Beautification Improvements 2001/02 Park FacilitieslOpen Space Recreation The estimated current population for the City of Aventura is 27,000. The City's Comprehensive Plan recommended standard is 2.75 acres of park and recreation land for every 1,000 potential residents. The amount of park and recreation land required by the park standards for this population is 74.3 acres. In calculating the number of recreation acres the city has available for use by residents, public private, golf courses and marinas are accounted for at a different degree depending on accessibility to citizens of the City. Assuming that public facilities can be accounted for at 100%, private recreation facilities at 50%, and marinas and the golf course at 25%, the City existing and proposed recreation areas total 106. Therefore, no deficiency exists under the City's standards. Table PFOSl contains an inventory of existing and proposed recreation and open space areas. The City owns 21 park/open space acres. City of Aventura i Although a deficiency in the provision of recreation/open space does not exist, the City desires to increase access to public facilities and providing recreational opportunities for all residents by acquiring and eventually constructing additional park facilities. The major park facility improvement outlined in the 2002~03 - 2006~07 relates to the providing new recreational and park sites. The projects are included in the detailed project descriptions and a funding schedule that follows. (See Tables 1 and 2). :The completion of the five - year Capital Improvement Program for parks/open space recreational facilities will provide the City residents with a well rounded recreational and park system geared toward meeting the needs of today and tomorrow. Table PFOS 1 CITY OF AVENTURA Recreation/Open Space Inventory TYPE FACILITY ACRES Public Recreation Areas C Count~j Club Ddve Exercise/Walking path N Huber Tract* N Waterways Park N Aventura Founders Park APPLICABLE ACRES 5.5 5.5 3.5 3.5 1.0 1.0 11.0 11.0 Public Recreation Subtotal 21.0 21.0 Private Recreation Areas Pdvate Recreation Sites Madna Complexes Golf Courses Private Recreation Subtotal 63.61 31.81 9.40 2.35 203.17 50.7~ 276.18 84.95 Total Recreation Areas = Community Park = Neighborhood Park Undeveloped 297.18 105.95 Citywide Beautification Pro.qram In December of 1996, the City Commission approved the landscape design concepts to be utilized with the implementation of a Citywide Beautification Program. This major undertaking, addresses median and right of way landscaping throughout the public areas within the City, and was adopted as one of the City's budget priorities and goals. The landscape design includes the planting of an assortment of palm trees, including date palms at the City's entrances and coconut and royal palms on various medians throughout the City, as well as shade trees such as live oaks. Capital Improvement Program 2002-2007 Page 26 City of Aventura W~th this Beautification Program, the City Commission has fulfilled its long-term goal of creating the signature of the City and establishing its reputation as "the most beautiful City in South Florida". The actual construction of these projects will be ongoing until all of the improvements to the various areas within the City are complete. The following areas have been completed or are scheduled for completion as of the 2001/02 fiscal year: Aventura Boulevard, Northern City Entrance, NE 207t~ Street, NE 183r~ Street, NE 185th Street & 28th Avenue, NE 190th Street, NE 191st Street, NE 29th Avenue, NE 187th Avenue, NE 213th Street, Biscayne Boulevard and FEC Landscape Buffer, Aventura Boulevard Entrance Features and the Library Landscaping Project Fundinq Plan Funding for the proposed beautification and park facilities will be provided by the proceeds from the following revenue sources: Total Category Budget Funding: General Fund Park Impact Fees Grant $5,677,000 $5,227,000 300,000 150,000 City of Aventura TABLE 1 PROPOSED BEAUTIFICATION ANO PARK F~IUTIE$ IMPROVEM~T$ TABLE 2 PROPOSED BEAUTIFICATION AND PARK FACI!.JTIE$ IMPROVEMENTS PROJECTS SCHEDULED FOR 2~02,'03 - 20~ FUNDING PLAN CapitaLImprovement Prog ram :2002~-200~:~: Page 2& City of Aventura PROPOSED PROJECTS 1 - CM Waterways Park Development 2003/04 $3,250,000 This project includes purchasing 6 acres from Gulfstream Racetrack and developing and expanding the current Waterways Park. The park would include a multipurpose sports field, playground,, basketball court, fitness trail~ and preseR/ation of 1.5 acres of mangroves. 2 - CS Founders Park Improvements 2002~03 $7,000 2004~05 $50,000 This project consists of replacing and updating playground equipment. 2002~03 Scoreboard and player benches 7,000 2004~05 Replace Playground equipment and Equipment 50,000 3 - CS Citywide Beautification,improvements 2002/03 $900,00Q 2003/04 $180,000 2004/0551,100,0QQ 2005/06 $75,000' This project consists of implementing the landscaping and beautification concepts approved by the City Commission. 2002/03 Country Club Drive 900,000 City ofAventura 2003/04 Yacht Club Way 180,000 2004/05 William Lehman Causeway 1,100,000 2005/06 NE 207 South Swale 75,000 4 - CS Bus Shelter and Newspaper Stand Improvements 2002/03 $30,000 2003~04 $70,000 2004105 $15,000 2002/03 2003~04 2004/05 Install 6 newspaper racks Install 1 shelter at Biscayne Blvd and NE 210th Install 3 newspaper racks Capital Improvement:Program:2002;2007_~ :. Page.30 ;, City of Aventura ROADWAY, DRAINAGE AND INFRASTRUCTURE IMPROVEMENTS This section includes improvements to the City of Aventura's roadways, drainage system, sidewalks, pedestrian pathways, street lighting and other infrastructure ~mprovements. There are 3 improvement projects in the Capital Improvement Program, which total $2,475,000. Special emphasis was given to correcting drainage deficiencies, ~mproving safety through street lighting and addressing maintenance considerations. The projects outlined in this section have been developed based on a survey of all areas of the City, with respect to the improvement items, by the Community Services Department; City's consulting engineer and staff. The projects were prioritized according to the urgency of the improvements needed and age of the areas to be improved. Policies The City of Aventura's investment in improvements to the City's, roads, sidewalks street lighting and drainage system is based on the following policies: Goal: Utilize the Stormwater Utility Fund to provide revenue sources to fun( drainage improvements contained in the CIP. · Coordinate area-wide storm water developments with major street improvements. · Provide adequate storm drainage as defined by present standards for different types of areas of the City. · Upgrade areas of the City to conform to present drainage standards to eliminate flood prone areas. Goal: Improve local roads to meet road safety requirements and serve the transportation needs of the City. · Systematically provide local street improvements throughout the City based upon the existing condition and age of the street and the cost of maintenance of the street. · Provide an adequate road transportation network that meets or exceeds the capacity rating outlined in the Comprehensive Plan. · Implement improvements to meet safety standards. · Improve safety by installing street lighting on all public roadways. Provide walkways and sidewalks to improve the safety of residents traveling throughout the City. City of Aventura Accept the dedication of private roads throughout the City in accordance with the Policy governing the conversion of private roads to public roads as outlined in Resolution No. 97-05. Existinq Facilities The following is a list of current public roads under the jurisdiction of the City: NE 185th Street NE 27th Court NE 28th Place NE 29th Avenue NE 29th Place NE 34th Avenue NE 188th Street NE 191 st Street NE 193rd Street West Country Club Drive East Country Club Drive NE 203rd Street NE 206th Street NE 208th Street NE 209th Street NE 213th Street NE 214th Street Yacht Club Drive NE 28th Avenue NE 29th Court NE 30th Avenue NE 187th Street NE 190th Street NE 192nd Street Aventura Boulevard North Country Club Drive NE 201 Ten"ace NE 205th Street NE 207th Street NE 208th Terrace NE 211th Street NE 214th Terrace NE 183r~ Street Prior Accomplishments Since the inception of the Capital Improvement Program, the following projects have been completed or are scheduled for completion as of the 2001/02 fiscal year: Proiect Title Year Country Club Drive Drainage Improvements 1996/97 Sidewalk Installation - Southside of Lehman Causeway 1996/97 Pedestrian Safety Study 1996/97 Aventura Boulevard Street Lighting Improvements 1997/98 NE 183rd Street & Drainage Improvements 1997/98 NE183rd Street Lighting Improvements 1997/98 NE 207th Street Lighting Improvements 1997/98 North Aventura Stormwater Collector (213th Street) 1997/98 Pedestrian Transportation Circulation Safety Improvements 1997/98 NE 190th Street Lighting Improvements 1998/99 South Aventura Stormwater Collector 1998/99 Sidewalk Improvements & Replacements 1998/99, NE 34th avenue Street Lighting Improvements 1999/00 NE 185th Street & NE 28th Avenue Improvements 1999/00 Safety Improvements - Country Club Drive 1999/00 NE 30th Avenue Drainage Improvements 2000/01 1999/00, 2000/01 Capital Improvement Program 2002-2007 Page 32 City of Aventura NE 213th Street Lighting Improvements 2000/01 NE 34th Avenue Safety/Road Improvements 2000/01 Biscayne Lake Gardens Area Drainage Improvements 2001/02 NE 188th Street Drainage Improvements 200102 Proposed Road, DrainaRe and Infrastructure Improvements The City incorporated in November of 1995, prior to that time the area of the City was under the jurisdiction of Dade County. Condominium Associations or Dade County maintained the roads and rights-of-way. The City entered into an Interlocal Agreement with Dade County that transferred the jurisdiction of all public roads and rights-of-ways to the City. In January of 1997 the City assumed the maintenance of ail public roads and rights-of-way. The City's consulting engineers conducted an extensive evaluation of the City's infrastructure including roadways, drainage, sidewalks and streetlighting. The study indicated that major improvements were necessary for storm drainage and street lighting. Most of the infrastructure deficiencies have been addressed with the completion of the original 5 year CIP which began in 1997/98. In January 1997, the City Commission by Resolution No. 97-05 adopted a Policy governing the conversion of private roads to public roads. The Williams Island Road project was the first roadway conversion to implement the provisions of the Policy as it relates to drainage, street lighting and safety improvements. Major emphasis was also placed on improving street lighting and replacing FPL cobra head lights with decorative lighting fixtures in areas that the rights-of-way could accommodate the new light fixtures. During the 1997198 fiscal year the City in cooperation with several developers entered into an Agreement to construct the North Aventura Stormwater Collector (213th Street), 3 years ahead of schedule and at a cost savings of $1,000,000. In 1999 the south collector was completed using a similar private-public partnership. During 2002, NE 34th Avenue was connected to the north collector. Work is underway to connect Biscayne Lakes Garden area and NE 29th Avenue. Projects outlined herein can be also be classified as drainage improvements and road resurfacing in accordance with established maintenance schedules. All infrastructure upgrades of roadways will be coordinated with other projects to prevent multiple paving projects or pavement cuts. Fundinq Plan Funding for the proposed roadway, drainage and infrastructure improvement projects will be provided by the following sources: Total Category Budget $ 2,475,000 Fundin,q: General Fund $ 975,000 Storm Water Utility Fund $1,500,000 Tables 1 and 2 showing these improvement projects and funding schedules are followed by detailed project descriptions. City of Aventura 110,000 515,000 Totals $ 110,0G0 $ $15,000 $ 575,GG0 $ 9'/5,GOO $ 3G0,000 $ 2,475,000 TAB. E 2 PROPOSED ROAOWAY. DRaiNAGE AND INFRA, STRUCTURE IMPf~OVEMF_NTS Pf~OJECTS SCHEDULED FOR 20G2/03- 2006/07 FUNDING PLAN RDI1 Sa~rr,,mter Drainage Impmvemmt CS RDt2 Street Lighting Improvements CS RDI3 Road Re~ffacing Program CS 1,500,0~0 1 150,0~0 150,000 825.0G0 825,000 $ 2,475,000 $ 1,5(]0,{~0 $ 975,0G0 [~ Capital Improvement Program 2002-2007 Page 34 City of Aventura PROPOSED PROJECTS 1-CS Stormwater Drainage Improvements 2002~03 $110,000 2003~04 $515,000 2004~05 $425,000 2005~06 $400,000 2006~07 $50,000 Based on the Stormwater Master Plan prepared by the City's consulting engineers, the City has been divided into three major basins; (1) the area to the south Lehman Causeway, (2) the area between Lehman Causeway and NE 207~ Street and (3) the area north of NE 207th Street. The following three areas within the City have been identified as locations of primary concern: (Area 1) west of NE 30 Avenue and east of Biscayne Boulevard; (Area 2) in the southwest portion of the City bounded by NE 193 Street and to the south by NE 185 Street and; (Area 3) a triangular area located in the northwest corner of the City. The Master Plan provided for improving stormwater drainage for all parts of the City via two Stormwater Collectors, one for NE 213 Street (North Aventura Stormwater Collector), and one for NE 29 Ave. between 187 and 191 Street (South Aventura Stormwater Collector). Both collectors have positive outfalls discharging the runoff into canals that connect to the Intracoastal Waterway. The North Aventura Stormwater Collector which runs along NE 30~h Avenue to NE 213~ Street was completed in the 1998, two years ahead of schedule. This was accomplished be entering into a private-public partnership with the owners of Aventura Commons, Aventura Lakes and Gulfstream Racetrack and combining the drainage outfall for all entities. The South Aventura Stormwater Collector which runs along NE 29 Ave. between 187 and 191 Street was completed in the 1998/99 fiscal year. This was accomplished be entering into a private-public partnership with the owners of Champion Square Shopping Center. During 2002, NE 34~h Avenue was connected to the north collector. Work is underway to connect Biscayne Lakes Garden area and NE 29~h Avenue as well. Additional projects included provide for the installation of stormwater drainage systems that will feed into the two collectors and ongoing annual minor drainage improvements. Most projects include the cost of resurfacing the affected roadways. Some projects include the installation of curb, gutter, and sidewalks as needed. 2002/03 NE 190 St. Drainage Improvements $110,000 2003/04 Yacht Club Way Drainage Improvements 115,000 Hospital District NE 213th Street Connector 400,000 2004/05 Hospital District South Collector 425,000 2005/06 Hospital Distdct North Collector 400,000 2006/07 Drainage Improvements 50,000 City of Aventura 2-CS Street Lighting Improvements 2004/05 $150,000 This project provides for the installation of new streetlights in certain areas and the systematic replacement of the FPL cobra head lights with decorative lighting fixtures. The lights will complement the City's beautification and streetscape improvements and provide safe, well-lighted roadways that are aesthetically pleasing.' 2004/05 Yacht Club Way 150,000 3-CS Road Resurfacing Program 2005/06 $575,000 2006/07 $250,0000 This project consists of resurfacing roadways that are not included in the Stormwater Drainage Improvements. The roads represent the most critical areas as determined by the Community Services Department. 2005/06 NE 207th Street 350,000 Aventura Boulevard 225,000 2006/07 Yacht Club Ddve Eastbound Lanes 250,000 Capital Improvement Program 2002.2007 Page 36 CityofAventura PUBLIC BUILDINGS AND FACILITIES IMPROVEMENTS Capital projects in this functional category include the completion of the charter elementary school and the construction of a cultural arts center. The Capital Improvement Program includes projects totaling $22,000,000. Policies The City's investment in improvements to public buildings and operational facilities is based on the following policies: · Provide easily accessible services to City residents and adequate parking for City facilities. · Repair and maintain all buildings and facilities in proper order to increase life of said facilities. · Provide facilities for future growth of the City and services generated by such growth. · Provide state of the art facility that reflects the cultural and aesthetics character of the City. Existinq Facilities Map 1 shows the location of the City of Aventura's Government Center, and the Dade County Fire Rescue Station and Library Branch. Prior Accomplishments The following projects have been completed or are scheduled for completion as of the 2001/02 fiscal year: Project Title Government Center/Police Station Needs Assessment Study Government Center Land Purchase Design of Government Center/Police Construction of Government Center Purchase of Charter Elementary School Property Year 1996~97 1997~98 1997~98 1999100, 2000/01 2001102 Fundinq Plan Funding for the proposed Public Buildings Projects will be provided by the following sources: Total Category Budget Fundin,q: 2002 Charter School Loan Proceeds 2005 GO Bond Issue Proceeds Private Donations Grants $22,000,000 6,000,000 6,500,000 8,000,000 1,500,000 City of Aventura T~Xals $ ~l~O,OeO $ $ $ UCO,OQ~ TABLE 2 Capital Improvement Program 2002-2007 Page 38 [: City of Aventura PROPOSED PROJECTS 1 - CM Charter School Construction 2002/03 $6,000,000 This project consists of the construction and equipment for the Charter Elementary School on NE 188th Street. 2 - CM Cultural Center 2004~05 $8,000,000 2005~06 $8,000,000 This project consists the design and construction of a Cultural Arts Center. The proposed building would be approximately 26,500 square feet with a seating capacity up to 500. The site for the Center has not been determined at this time. A public referendum would be held to obtain voter approval of the tax increase necessary to fund the annual debt service costs associated with the bond issue to fund this project. In addition $8,000,000 in private donations would be required to assist in funding the project. City of Aventura INFORMATION/COMMUNICATIONS TECHNOLOGY This functional category includes improvements to the City of Aventura's information/communication systems, data processing and the automation of certain operations by utilizing the latest technology to enhance productivity and efficiency. There are 8 projects totaling $1,618,150. Policies The City of Aventura's investment in communication and computer projects is based on the following policies: · Continue the implementation of a Management Information System for all key City operations to automate functions and improve efficiency and productivity. · Improve and maintain City-wide radio communications capabilities for Police and other City departments. · Develop and maintain computerized capabilities of the vadous City departments and information systems. · Utilize the latest state of the art technology including the use of the Internet for the delivery of services. City ofAventura TABLE 1 PROPOSED INFORMATION/COMMUNtCA'I] ON TECHNOLOGY PROJECTS SCHEDULED FOR 2002/03- 2~0~/07 SUMMARY BY YEAR ICT1 ICT3 ICT4 ICT5 ICT6 ICT7 ICT8 ~olice C~nl~te~ Systems Cenf~al Computer System Rm/io Purchase & Replacement Co~lputer Equipment Computer Equipment Computer Equipment Computer Equipment Computer Equipment T~.als PO 159.000 127.500 140,000 140,000 140,0~0 706,5~0 FFS 1~0,000 71.400 45,(X~0 45,0~0 48,0~0 307,400 PD 100,0~0 100,0~0 100.0~0 100,0(X~ 100,0~0 FS$ 4,0~0 4,000 4.0~0 13,0~0 CM 4.000 4.000 C~ 4,70~ 1,8~0 1800 1.800 10.100 CD 17.050 7,300 14.950 7,100 15,7~0 62,150 CC 3,0~0 $ 384,750 $ 3t6,(~0 $ 305,750 $ 309.9~0 $ 301,750 $ 1.618.150 TABLE 2 PROPOSED INFO RMATION/COMMUNI C~'fl ON TECHNOLOGY PROJECTS SCHEEX~LED FOR 2~02/03- 200~/07 FUN~ING PLAN ICT1 Police Computers Systems PO ICT2 Cenl~l Computer Sy~em FFS ICT3 Rad'm P~¢hase & Replacameflt PI3 ICT4 Cempute~ Equipment FSS ICT5 Computer Equipment CM ICT6 Cemputer Equipment C~ ICT7 C~mp~te~ Equipment CD ICT8 C~mpu~er Equipment CC Totals Capital Improvement Program 2002-2007 Page 41 La City of Aventura PROPOSED PROJECTS 1 -PD Police Computers Systems 2002/03 $159,000 2003/04 $127,500 2005/065140,000 2006/075140,000 2004/05 $140,000 This project consists of purchasing computer equipment and software that utilizes the atest technology for the Police Department. The primary system consisting of CAD dispatch, records management and mobile laptop computer capabilities was acquired in the 1996/97 fiscal year but will require expansion during the five year plan to accommodate growth and required upgrades. 2002~03 10 Desktop Computers Upgrades Replace 20 Mobile Laptops 25,000 25,000 109,000 2003104 10 Desktop Computers Upgrades Replace 12 Mobile Laptops 25,000 50,000 65,000 2004/05 Upgrades Replace 12 Mobile Laptops 10 Desktop Computers 50,000 65,000 25,000 200556 Upgrades Replace 12 Mobile Laptops 10 Desktop Computers 50,000 65,000 25,000 2006107 Upgrades Replace 12 Mobile Laptops 10 Desktop Computers 50,0O0 65,000 25,000 2 - FS Central Computer System 2002/03 $100,000 2003104 $71,400 2005/06 $45,000 2006/07 $46,000 2004~05 $45,000 This project consists of purchasing new and replacement computer hardware and software for the City's general computer system, which is used by all City Departments. 2002/03 MS Exchange Implementation 10,000 Software/Licenses/Upgrades 7,000 Servers/Security/UPS/Switches 18,000 City of Aventura AS 400 Replacement 65,000 2003~04 Software/Licenses/Upgrades 55,000 Servers/Security/U PS/Switches 11,400 AS 400 Upgrades 5,000 2004/05 Software/Licenses/Upgrades 13,000 Servers/Security/UPS/Switches 27,000 AS 400 Upgrades 5,000 2005/06 Software/Licenses/Upgrades 5,000 Servers/Security/UPS/Switches 25,000 AS 400 Upgrades 5,000 MS Exchange Implementation 10,000 2006107 Software/Licenses/Upgrades 13,000 Servers/Security/UPS/Switches 28,000 AS 400 Upgrades 5,000 3 - PD Radio Purchase & Replacement 2002/03 $100,000 2003/04 $100,000 2005/06 $100,000 2006/07 $100,000 2004/05 $100,000 This project consists of purchasing equipment to establish and maintain an 800 Mhz 3olice radio system to improve communications and purchase new radios for projected additional personnel in the Police Department and replace radios that may become damaged or become inoperative during the five-year pedod. 2002/03 10 Handheld & 10 Mobile Radios 50,000 800 Mhz Radio System Upgrades 50,000 2003/04 10 Handheld & 10 Mobile Radios 50,000 800 Mhz Radio System Upgrades 50,000 2004/05 10 Handheld & 10 Mobile Radios 50,000 800 Mhz Radio System Upgrades 50,000 2005/06 10 Handheld & 10 Mobile Radios 50,000 800 Mhz Radio System Upgrades 50,000 2006/07 10 Handheld & 10 Mobile Radios '50,000 800 Mhz Radio System Upgrades 50,000 . J Capital Improvement Program 2002.2007 Page 43 City of Aventura 4 - FSS Computer Equipment 2002103 $4,000 2003104 $4,000 2005~06 $13,000 2004/0554,000 This project includes the cost of equipment projected for new positions and replacement of existing equipment for the vadous employees of the department. 5 - CM Computer Equipment 2003/04 $4,000 This project consists of upgrading computer equipment in the Office of the City Manager. 6- CS Computer Equipment 2002/0354,700 2003~04 $1,800 2005~06 $1,800 2004~05 $1,800 This project consists of purchasing and upgrading computer equipment in the Community Services Department. 2002/03 Computers & Printers 2,200 GIS Software 2,500 2003/04 Computer 1,800 2004~05 Computer 1,800 2005/06 Computer 1,800 7 -'CD Computer Equipment 2002/03 $17,050 2003/04 $7,300 2005/06 $7,100 2006/07 $15,750 2004/05 $14,940 This project consists of computer upgrades, replacement pdnters and the implementation of field computers for code compliance and building inspections for the Community Development Department. City of Aventura 2002/03 Replace 3 Computers Digital Camera Replace 3 PrinterS Replace 2 Lapt0Ps & Air Cards Replace 1 Form Printer $5,250 1,000 1,200 8,100 1,500 2003/04 2004/05 Replace 2 Computers Replace 3 Printers Replace 1 Form Printer Digital Camera Replace 2 Laptops & Air Cards Replace 3 Computers Printer 2 Printers 3,600 1,200 1,500 1,000 8,590 5,550 800 2005106 Replace 2 Computers 3,800 Replace 2 Pdnters 800 Replace Digital Camera 1,000 Replace 1 Form Printer 1,500 2006/07 Replace 2 Laptops& Air Cards 9,100 Replace 3 Computers 5,850 Replace 2 Printers 800 8- CC Computer Equipment 2005/06 $3,000 This project consists of upgrading and replacing computer equipment in the City Clerk'.< Capital Improvement Program 2002~2007 Page45 City of Aventura CAPITAL EQUIPMENT PURCHASES AND REPLACEMENTS This section includes projects relating to Capital Equipment Purchases and Replacements for all operating departments. There are a total of 5 projects totaling $2,105,697. Policies The City Aventura's investment in capital equipment purchases and replacements is based on the following policies: Goal: Provide capital equipment that will meet the needs of all departments in order to maintain the efficiency and productivity of providing municipal services to the residents of the City. · Replace all present equipment that is required when they become unusable, unsafe or when maintenance costs outweigh the total cost of replacement. · Develop and maintain an "Equipment Evaluation and Replacement Guide" to determine replacement schedules and costs for a ten-year pedod. Purchase more economical and mu ti-functional vehicles. Purchase new equipment that will ~ncrease productivity and reduce personnel an¢ maintenance costs. · Maintain all City assets at a level adequate to protect the City's capital investment and to minimize future maintenance and replacement costs. Proposed Capital Equipment Purchase And Replacement Most projects outlined in the 2002/03 to 2006/07 Capital Improvement Program are either pertaining to vehicles or operational equipment. These 5 projects, worth $2,105,697 are displayed in Table 1. Detailed project descriptions and a funding schedule follow. The CIP guidelines provide that capital equipment shall be defined as either having a useful life of more than one year and/or a value of $500 or more. Fundinq Plan Funding for the proposed Capital Equipment Purchase and Replacement Projects will be provided by annual appropriations from the following sources: Total Category Budget $2,105,697 Funding: General Fund Police Impact Fee Fund Capital Improvement Program 2002-2007 $1,717,371 $ 388,326 City of Aventura Page 47 [~ City of Aventura TABLE 1 PROPOSED CAPITAL EQUIPMENT PURCHASE AND REPLACEMENT PROJECTS SCHEDULED FOR 2002/03. 2006/07 SUMMARY BY yEAR CE1 CE2 CE3 CE4 CE5 Vehicle Purchase & Replacements PD 411,781 311,660 Equipment Purchase and Replacement PO 95,826 63,250 Equipment Purchase and Replacement CS 4E,,000 17,800 271,000 261,000 29~,830 1 ,.5~5 .271 98~250 55,500 75,5~0 388,326 32.500 17.800 112,9(}0 20.200 47,200 $ 556,107 $418,010 $ 421,950 $ 334,300 $ 375,330 $ 2,105,697 TABLE 2 PROPOSED CAPITAL EQUIPMENT PURCHASE AND REPt. ACEMENT PROJECTS SCHEDULED FOR 2002/03 - 2006/07 388,326 0 112,900 112,900 47.200 47.20(} 2,0~0 '2~000 $ 2,105,697 $ 1,717,371 Caoital Improvement PrDoram 2002-2007 DAnA City of Aventura PROPOSED PROJECTS 1 -PD Vehicle Purchase & Replacements 2002/03 $411,781 2003/04 $311,660 2005/06 $261,000 2005/06 $299,830 2004~05 $271,000 This project consists of purchasing police vehicles to accommodate new employee additions and establish a vehicle replacement program in the Police Department. 2002/03 Replace 4-wheet Drive Vehicle Replace Crime Scene Van Replace 15 Patrol Vehicles 32,000 32,000 347,781 2003/04 Replace 10 Patrol Vehicles $241,660 Replace 2 Specialty Vehicles 70,000 2004/05 Replace 10 Patrol Vehicles $253,000 Replace 2 Motorized Carts 18,000 2005/06 Replace 10 Patrol Vehicles $261,000 2006/07 Replace 10 Patrol Vehicles $268,830 Replace Command Post Minivan 22,000 Replace Wave Runner 9,000 2 - PD Equipment Purchase and Replacement 2002/03 $95,826 2003/04 $63,250 2005i06 $55,500 2006~07 $75,500 2004/05 $98,250 This project consists of purchasing equipment for the Police Department, The following is a breakdown of the items to be replaced: 2002/03 Replace 10 vests 6,000 Replace Police Canine Dog 7,000 5 Handguns 3,826 15 Overhead light bars, Sirens & Cages 63,000 5 Motorcycle Rader Units 16,000 2003104 10 Overhead light bars, Sirens & Cages 47,000 Replace 10 vests 6,250 Replace SMART Radar Trailer 10,000 Capital Improvement Program 2002-2007 Page 49 City of Aventura 2004/05 Purchase 5 handhetd radar units 10,000 Marine patrol engine replacement 22,000 Replace Marine Patrol Boat 60,000 Replace 10 vests 6,250 2005/06 10 Sirens & Cages 49,000 Replace 10 vests 6,500 .)006/07 10 Sirens & Cages Replace 10 vests Replace 6 radar units 51,000 6,500 18,000 3 - CS Equipment Purchase and Replacement 2002/03 $45,000 2003/04 $17,600 2005/06 $17,800 2004/05 $32,500 This project consists of the replacement of equipment that has become inefficient, defective, or unusable and to add new equipment to provide improved services in the Community Services Department. The following is a breakdown of the terns to be ~urchased: 2002/03 Pickup Truck Utility truck $17,600 27,400 2003/04 Pickup Truck 17,600 2004/05 Golf Cart 6,000 Utility Vehicle 26,500 2005/06 Pickup Truck 17,800 4 - CD Equipment Purchase and Replacement 2002/03 $1,500 2003/04 $25,500 2004/05 $20,200 This project consists of the addition of equipment or the replacement of equipment that has become inefficient, defective, or unusable in the Community Development Department. The following is a breakdown of the items to be replaced: 2002/03 3 File Cabinets $1,500 2003/04 Utility Vehicle 25,500 Capital Irn~mv~ment Prnnram 20(}~.~l]7 D.,,. gn City of Aventura 2004/05 Pickup Truck 20,200 5 - FSS Equipment Purchase and Replacement 2002/03 $2,000 This project consists of purchasing office furniture for projected new employees and additions to existing furniture and equipment in the Finance Support Services Department. 2002/03 Office Furniture/Equipment 2,000 i, Capital Improvement Program 2002-2007 Page 51