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2001-035 RESOLUTION NO. 2001-35 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 2001/02 TO 2005/06; 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 2001/02 to 2005/06, 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. The City Commission pledges that until October 1,2001, they will not take action to increase ad valorem taxes to support additonal debt service requirements other than what is provided for in the proposed Capital Improvement Program document (not including the Cultural Center project) or required by the City's Resolution No. 2001-35 Page 2 Comprehensive Plan or such other County or State legislation requring or causing same, without a vote of the electors of the City of Aventura. However, in no event shall the public's health, safety, welfare or best interests be jeopardized or the City's ability to react to unforeseen emergencies or provide services to the community be limited in order to avoid additional debt or tax increases. The proposed Cultural Center project financing utilizing General Obligation Bonds will require a vote of the electors of the City; and WHEREAS, in the event operating expenditures increase at a higher level than expected, or unanticipated events reduce key revenue sources, on an annual basis the City Commission will endeavor to reprioritize projects or revise the schedules in order to eliminate the need for ad valorem tax rate increases during the next year (2001-2002). However, in no event shall the public's health, safety, welfare or best interests be jeopardized or the City's ability to react to unforeseen emergencies or provide services to the community be limited in order to avoid tax increases; and 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 Resolution No. 2001 Page 3 Program document for fiscal years 2001/02 to 2005/06 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 cohe, , who moved its adoption. The motion was seconded by Commissioner C~-ossaa, , upon being put to a vote, the vote was as follows: Commissioner Arthur Berger yes Commissioner Jay R. Beskin ~,es Commissioner Manny Grossman )-es Commissioner Harry Holzberg )-es Commissioner Patricia Rogers-Libert a"bsent: Vice Mayor Ken Cohen ),es Mayor Jeffrey M. Perlow ,~,es PASSED AND ADOPTED this 5th day of June, 2001. ,~EIE~EY ~1. PERLO~I~'rA,-Y~R ATT T: TI~IeSA M. ~'OR~KA, (~MC CRY CLERK"----~' APPROVED AS TO LEGAL SUFFICIENCY: CITY ATTORNEY CAPITAL IMPROVEMENT PROGRAM 2001/02 -2005~06 CITY OF AVENTURA CITY COMMISSION Mayor Jeffrey M. Pedow Vice Mayor Ken Cohen Commissioner Arthur Berger Commissioner Jay R. Beskin Commissioner Manny Grossman Commissioner Han'y 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 Brenda Kelley, Community Development A City of ventura 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, Florida 33180 Enclosed herein is the proposed City of Aventura Capital Improvement Program (ClP) for the fiscal period October 1, 2001 through September 30, 2006 and the proposed Capital Budget for the Fiscal period October 1, 2001 through September 30, 2002. This document represents the fourth update of the ClP that was originally prepared for the five year cycle of 1997 to 2002. 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 ClP was updated to add new projects in the fifth year (2005/06) to complete the cycle. Projects included within the framework of the program were based on input from Commissioners, staff, City consultants and citizens. The primary 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 ClP 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 ClP on the City's future operating budget, the City Commission and residents will be provided with the benefits of a ClP document which serves as a point of reference and includes an estimated long-term budget plan. 305-466-8910 · FAX: 305-466-8919 www. cityo faventu ra.co m Each year the CIP document will be updated and an additional fiscal year will be added to complete the cycle. The ClP thus becomes a continuing and ongoing process. The following represents the significant revisions or modifications to the proposed ClP compared to the prior document: · Millennium Park/Community/Recreation Center-S4,500,000 · Waterways Park Development-S6,400,000 · Purchase Property for Charter School - $4,000,000 · Updated Cultural Arts Center cost figures in line with the recent study. · Eliminate previously proposed increase in Stormwater Utility rate for 2001/02 fiscal year. The proposed 2001 - 2006 Capital Improvement Program includes 24 projects in 5 functional categories with a total value of $43,315,913. The following represents the percentage of total funding that each functional category has been allocated: Beautification & Parks Facilities (34%), Public Buildings and Facilities Improvements (46%), Roadway, Drainage and Infrastructure Improvements (11%), Capital Equipment Purchase and Replacement (5%) and Information/Communication Technology (4%). Major emphasis was placed on the following projects: · Cultura!Arts Center $16,000,000 · Waterways Park Development 6,400,000 · Millennium Park/Community/Recreation Center 4,500,000 · Purchase Property for Charter School 4,000,000' · Citywide Beautification Improvements 3,495,000 · Stormwater Drainage Improvements 2,575,000 · Road, Street Lighting & Safety Improvements 2,285,000 · Improved Radio Communications for Police services 575,000 The approval of the Cultural Arts Center is subject to raising $8,000,000 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 ClP documents. Construction costs associated with the Charter School PLC and Elementary School will be included in the next CIP update. 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 proposed funding plan supports the City Commission's commitment not to increase the current Ad Valorem tax rate for the next year, unless an unforeseen emergency occurs or the public's health, safety welfare or best interests are jeopardized. The only tax increase included in the funding plan is designed to support the proposed Cultural Arts Center and is subject to voter approval. However, depending on economic trends that exist in 2005, the necessity for a tax increase in the fifth year (2005~06) should be seriously evaluated by the City. 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, the completion of the new Government 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 2001 - 2006 Capital Improvement Program: 1. Hold a workshop to review the CIP document. 2. Transmit copies of the ClP summary document to the public. 3. Hold a public hearing to cor~ceptually adopt the final CIP document, by resolution, for implementation. All questions relating to the ClP should be referred to my attention. City Manager CAPITAL IMPROVEMENT PROGRAM 2001 - 2006 HIGHLIGHTS · The proposed funding plan supports the City Commission's commitment not to increase the current property tax rate for the next year. The only tax increase included in the funding plan is scheduled for 2004/05 and is designed to support the proposed Cultural Arts Center and subject to voter approval and raising $8,000,000 from private sources. · Development and construction of the new $4,500,000 Millennium Park/Community Recreation Center at the end of N E 188th 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 $2,575,000 worth of improvements will be completed during the five year iperiod. · Includes $6 400000 for the purchase of additional land and construction of an expanded Waterways Park facility. · A total of $3,495;000 of Citywide beautification improvements including median landscaping, decorative street light fixtures and signage is funded to continue to fulfill our goal of being the most beautiful City in South Florida. Major improvements include: Grade Separation Project, Country Club Drive, Yacht Club Way and William Lehman Causeway · Includes $4,000,000 to purchase property for the proposed charter elementary school. · The systematic replacement of bus benches, shelters and trash receptacles will continue to be made~ over the next five years. · Road maintenance projects to enhance safety are included for NE 207th Avenue, Country Club Drive and Aventura Boulevard. · Continues to address a sidewalk improvement and replacement program. · 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 8ity operations. · Ensures that the tools of production, vehicles, equipment and technology, are available for city operations. CAPITAL IMPROVEMENT PROGRAM 2001 - 2006 TABLE OF CONTENTS INTRODUCTION PAGE Purpose of the Capital Improvement Program 1 Legal Authority 2 Development of the Capital Improvement Program- 2 Capital Impro~,ement Program Policies 3 Preparing the Capital Budget 4 Locating a Specific Capital Project 4 Reading the Program Schedules 5 OVERVIEW OF REI~OMMENDED PROJECTS Summary of Recommended Projects 6 Summary of Major Programs 6 Summary of Proposed Appropriations by Funding Source 7 Summary of P. roject by Location and Year 8 FUNDING PLAN Introduction 9 Debt vs. Pay As You Go Financing 9 Required Separation of Funding Sources 10 Summary 11 Proposed Financing Plan General Fund 12 Long Term Financing Action Plan 17 Proposed Financing Plan Park Development Fund '" 18 Proposed Financing Plan Police Impact Fee Fund 19 Proposed Financing Plan Stormwater Utility Fund 20 PROJECT DESCRIPTIONS AND FUNDING SCHEDULES Beautification and Park Facilities Improvements 22 Roadway, Drainage and Infrastructure Improvements 30 Public Buildings and Facilities Improvements 37 Information/Communications Technology 40 Capital Equipment Purchase and Replacement 46 of Ex 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 (ClP) 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 ClP 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 ClP 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 ClP docu.,m, ent 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 Improveme,nt programming thus becomes a continuing part of the City's budgeting and management procedure~. The annual capital programming process provides the following benefits: 1. The ClP is a tool for implementing the City's Comprehensive Plan. 2. The CIP process provides a mechanism for coordinating among projects with respect to function, location, and timing. 3. The yearly evaluation of project priorities ensures that the most crucial projects are developed first. capital Improvement Program 20Ol-2006 Page 1 City of Aventura 4. The CIP 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 withir 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. 5. The impact of capital projects on the City's operating budget can be projected. 6. 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, ~ncorporated as Chapter 163, FIc~rida 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 2001 - 2006. A CIP 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 ClP is submitted to the City Commission and public for review. In order to facilitate public involvement, public hearings and commun!ty meetings will be held to unveil and review the CIP document prior to the adopti0h of a Resolution approving the CIP in principle. Capital Improvement Program 2001-2006 Page 2 City of Aventura CAPITAL IMPROVEMENT PROGRAM POLICIES 1. 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. 2. The City will perform all capital improvements in accordance with an adopted capital improvement program. 3. The classification of items as capital or operating will be determined by two criteda - cost and frequency. Generally, a capital project has a "usefu life" of more than one year and a value of $2,500 or more, or for Office equipment $500 or more. 4. 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. 5. 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. 6. 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. 7. 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 submitted to the City Commission for approval. The City will determine the most appropriate financing method for all new projects. 9. If appropriate, the City will attempt to maintain a mixed policy of pay-as-you-go and borrowing against future revenues for financing capital p?ojects. 10 The City will maintain ongoing maintenance schedules relating to road, sidewalk and drainage system improvements. 11. The City will address and prioritize infrastructure needs on the basis of p~'otecting the health, safety and welfare of the community. 12. A CIP preparation calendar shall be established and adhered to. 13. Capital projects will conform to the City's Comprehensive Plan. 14. Long-term borrowing will not be used to fund current o.p~erations or normal maintenance. 15. 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. 16. If new project appropriation needs are identified at an intedm period dudng the fiscal year, the funding sources will be identified and mid-year budget Capital Improvement Program 2001-2006 Page 3 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 ~articular 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 additional 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) Roadsl Drainage and Infrastructure Improvements (RDI) Public Buildings and Facilities (PBF) Inform.ation/Communication Technology (ICT) Capita! Equipment Purcha§e & 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 pdodty number assigned by the City Manager. The final digits outline the individual department requesting the project. For example, project RDI-I-CS is Rdads, Drainage and Infrastructure Improvements project number one which was requested by the Community Services Department. Capital Improvement Program 2001-2006 Page 4 City of Aventura READING THE PROGRAM SCHEDULER Detailed information about each capital project is presented in the section titled "Capita Improvement Program Project Descriptions and Funding Schedules". The section is arranged by program area and functional category and includes a description of eacl' 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. Capital Improvement Program 2001-2006 Page $ OVERVIEW OF RECOMMENDED PROJECTS City of Aventura OVERVIEW OF RECOMMENDED PROJECTS SUMMARY OF RECOMMENDED PROJECTS The proposed 200'1 - 2006 Capital Improvement Program includes 24 projects in 5 functional categories with a total value of $43,3t5,9'13. The following represents the ~ercentage of total funding that each functional category has been allocated: Beautification & Parks Facilities (34%), Public Buildings and Facilities Improvements (46%), Roadway, Drainage and Infrastructure Improvements ('11%), Capital Equipment Purchase and Replacement (5%) and Information/Communication Technology (4%). 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 years covered by the Capital Improvement Program. Table 1 Capital Improvement Program 2001 ~02-2005~06 Summary By Function Program 2001102 2002/03 2003/04 2004/09 2005/06 TOTAL Beautification & Parks Facilities $ 9,725,000 $ 3,650,000 $ 175,000 $1,127,000 $ 0 $ t4,677,000 Roadway, Drainage & 4,035,000 25,000 25,000 175,000 6~0,000 4~860,000 Infrastructure Public Buildings & Facilities 4,000,000 8,000,000 9,000,000 0 0 20,000,000 Information/Communication 489,400 317,550 314,200 307,700 345,500 t,774,350 Technology Capital Equipment 411,122 473,081 422,260 395,500 302,600 2,004,563 Totals $ 18,660,522 $12,465,631 $ 8,936,460 $ 2,005,200 $1,248,100 $ 43,319,913 ~apitai Equipment 5% Information 4% Beautification & Parks 34% Public Buildings 46% !oadway, Drainage & Infrastr~ture 11% Capital Improvement Program 2001-2006 Page 6 City ofAventura SUMMARY OF PROPOSED APPROPRIATIONS BY FUNDING SOURCE The following table reflects the distribution of all proposed projects to the funding source or mechanism, which is appropriate for funding the projects for each of the five years of the program. Table 2 Capital Improvement Program 2001/02-2005/06 Summary By Funding Source Funding Source 2001102 2002/03 2003/04 2004/05 2005/06 TOTAL General $4,327,522 $1,606,805 $842,460 $1,888,200 $1,181,500 $9,846,487 Police Impact Fees 208,000 83,826 69,000 92,000 28,000 494,426 Park Development 1,000,000 400,000 1,400,000 Stormwatsr Utility 2,475,000 25,000 25,000 25,000 25,000 2,575,000 Loan Proceeds 9,650,000 1,850,000 t 1,500,000 Grants 500,000 1,500,000 2,000,000 G.O. Bond 6,500,000 0 6,500,000 FOOT 1,000,000 0 t ,000,000 Private Donations 8,000,000 0 0 8,000,000 $ 18,660,522 $ 12,465,631 $ 8,936,460 $ 2,005,200 $ 1,248,100 $ 43,315,913 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 Park Development 3% Police Impact Fees Stormwater Utility 1% 6% Grants General 23% 5% 27% GO Bond ~15% FDOT 2% 18% Capital Improvement Program 2001-2006 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 2001/02-2005/06 Summary By Location Beautification Read Street Drainage Park Sidewalk Facilities Location Improvements Improve Lighting Improve Improve Repairs Improve Founders Park Additions 2001&2005 Millennium Park/Community Center 2001/02 Waterways Park Development 2001-2003 Biscayne Boulevard (7) Phase 01 2001/02 &IV Charter School Property ' 2001/02 Counby Club Drive 2002/03 2001/02 2001/02 2001/02 Yacht Club Way 2003/04 2004/06 W~lliam Lehman Causeway 2005/06 Biscayne Lake Gardens Area 2001/02 NE 188th Street 2001/02 2001102 Cultural Arts Facility 2002-200~ Aventura Bivd 2005/06 NE 207= Street 2005/06 Capital Improvement Program 2001-2006 Page 8 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: 1. A projection of revenues and resources which will be available to .fund operating and capital expenditures during the life of the Capital Improvement Program. 2. A projection of future years' operating expenditure levels which will be required to provide ongoing services to City residents. 3. 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. 4. From the information obtained in 1 through 3 above, the additional resources required to fund the ClP 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 sh~)uld 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 )rdinances to implement fee structures which will be required to fund the program each ~ear. )EBT 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. Capital Improvement Program 2001-2006 Page 9 City of Aventura 2. 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. 4. 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. 2. 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 15resented 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 200~1-2006 Page 10 City of Aventura 3. Park Development Fund 4. Stormwater Utility Fund 5. Capital Construction Fund In accordance wit~ 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 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 $22,215,913 of the total five year amount of $43,315,913 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. 3. Utilize bank loan proceeds for Stormwater drainage improvements in an amount that generates $2,100,000. The annual debt service of will be paid from the proceeds of the Stormwater Utility fees over a five year period. 4. Obtain bank loans in the amount of $11,500,000, which includes the $6,000,000 borrowed in 2000, to fund the following Waterways Park land purchase and development. · Millennium Park/Community Center construction · Purchase of Charter Elementary School site. The annual debt service will be paid from general fund revenue sources. 5. Utilize funding from Florida Department of Transportation in the amount $1,000,000 to supplement the City's Beatification plans on Biscayne Blvd. 6. Utilize funding from impact fees and grants in the amount of $2,394,426 to assist in the funding of the Waterways Park, drainage and police equipment. 7. 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 the necessity for a tax increase in the fifth year (2005/06) should be seriously evaluated by the City. Capital Improvement Program 2001-2006 Page 11 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 Financing It has been determined that those projects as shown on the Long Term Financing Action Plan wifl 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. Tables 1,2, and 3 reflect the proposed financing plan for the Capital Improvement Program based on the inclusion of existing revenue sources and the assumption of projections included herein. 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 during the 2000/01 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 Capital Improvement Program 2001-2006 Page 12 City ofAventura 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. 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, it is not anticipated that any increase in ad valorem taxes will be necessary during the duration of the program to fund operations unless operating expenditures increase at a higher rate than expected; unanticipated events reduce key revenue sources, or an unforeseen emergency occurs during the five year pedod. It should be made clear thatthe funding plan is based on a sedes of projections and assumptions. If events occur that revise the projections and assumptions, the financing plan will have to be updated and amended. The City of Aventura has one of the lowest tax rate in Dade County. The following table rates of the cities located in Dade, '" Pine~rest ' 2.10'00 Aventura 2.2270 UMSA 2.4470 Sunny Isles 2.5000 Bal Harbour 3.1100 Sweetwater 3.4400 Key Biscayne 3.6060 Virginia Gardens 4.8430 Bay Harbor Island 5.0000 Coral Gables 5.5000 Surfside 5.6030 North Bay Village 5.7838 South Miami 6.3730 Hialeah Gardens 6.9120 Hialeah 7.5280 El Portal 7.7000 Medley 7.9230 Miami Spdngs 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 Improvement Program 2001-2006 Page t3 City of Aventura PHONE & CATV FRANCHISE FEES 171 ,~O (m) NOTES TO ASSUMPTION OF PROJECTIONS (a) Ad valorero Tax revenue net of any tax increase will grow at the rate of 3.5% for 2001, 3.0% thereafter to 2005 and 2.75% in 2005. (b) Proposed 7% tax increase if approved by voters for Cultural Arts Center. (c) FPL Franchise Fees froro Dade County will grow at the rate of 2.5% per year.. (d) Franchise fees will grow at the rate of 3 % per year. (e) Utility taxes will grow at the rate of 3% per year. (f) Occupational Licenses will grow at the rate of 3.5% per year. (g)Building related revenues will decrease at the rate of $100,000 per year beginning in 2002. (h) State shared revenues will grow at the rate of 3.5% per year. (i) 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. (k) Fines & forfeitures will grow at the rate of 4% per year. (I) Gas Tax revenues will grow at the rate of 3.5% per year. (to) Modifications associated with the "Unified Communications Tax', revenues will grow at the rate of 3 % per year. Capital Improvement Program 2001-2006 Page 14 City of Aventura TABLE 2 PROJECTION OF OPERATING EXPENDITURES FOR GENERAL GOVERNMENT SERVICES DEPARTMENT 2000/01 2001102 2002/03 2005104 Z004/05 2005106 CityCommi$$ion $75,270 $ 102.T/5 $ 104,831 $ 10~,928 $ 109,0~6 $ 111,247 NOTES TO ASSUMPTION OF PROJECTIONS Operating expenditures will increase by 9 to 10% in 2001/02 to 2002/03 and between 7 to 8% thereafter. The following chart illustrates that half of the operating budget is committed to ~roviding public safety services. Office of the City Finance Support Commission/Legal Manager Services 2% 4% 6% City Clerk Non - Departmental 2% Community Services 24% Public Safety 51% Community Development 5% Capital Improvement Program 2001-2006 Page 15 Ci~ of Aventum TABLE 3 RECAP OF AVAILABLE RESOURCES vs PROPOSED APPROPRIATIONS ; GENERAL CAPITA]. IMPROVEMENT PROGRAM 2001/02 2002/03 2003/2004 2004/05 2005/06 TOTAL PROJECTED AVAILABLE RESOURCES $18,650,600 $19,597,391 $19,359,887 $20.422,926 $21,013,421 PROJECTED OPERATING EXPENDITURES 15,923,637 17,162,612 18,881,495 20,067,485 21,359,025 TRANSFER TO GENERAL CAPITAL iMPROVEMENT PROGRAM 2,726,963 2,434,779 478,392 355,440 (345,605) BALANCE FROM PREVIOUS YEAR 7,422,482 5,821,923 6,649,897 6,285,829 4,753,070 r TOTAL AVAILABLE RESOURCES FOR CIP 10,149,445 8,256,702 7,128,289 6,641,270 4,407,465 PAY*AS-YOU-GO PROPOSED APPROPRIATION - CIF 4,327,522 1,606,805 842,460 1,888,200 1,181,500 BALANCE IN ClP - END OF YEAR $5,821,923 $6,649,897 $6,285,829 $4,753,070 $3,225,965 $25,000,000 $20,000,000 ~' " - Revenues $15,000,000 ~" .Expenditures .... CIP Fund Balance $10,000,000 ' $5,000,000 ~ $o 2001102 2002103 2005/04 2004/05 2005/05 Capital Improvement Program 2001-2006 Page 16 · J Cit~ 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 2000 Loan Proceeds $6,000,000 and Proposed 2001 Loan Proceeds $5,500,000 Proiects Millennium Park/Community Recreation Center Charter School Site Purchase Waterways Park Site Purchase and Development Proposed 2001 Stormwater Utility Loan* $2,100,000 Proiects Biscayne Lake Gardens Area Drainage Improvements NE 27~h Court, NE 29th Place, NE 29thCourt, NE 30th Avenue NE 201 Terrace and N. E. 203 Street **to be secured by Stormwater Utility Fee Proceeds Proposed 2002 General Obligation Bond Sedes** $6,5O0,00O Cultural Arts Center Project ** to be secured by tax increase which requires voter approval. Capital Improvement Program 2001-2006 Page 17 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 Community Recreation Center and Waterways Park. 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 CIP 2001/02 -2005/06 Revenues 2001/02 2002/03 Park Impact Fees $1,000,000 $400,000 Grants 500,000 Total Available Resources 1,000,000 900,000 for CIP Proposed Appropriations $1,000,000 $900,000 Balance $0 $0 Capital Improvement Program 200`1-2006 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 period 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 this fund for the five year period. Table 6 Recap of Available Resources and Proposed Appropriations Police Impact Fee Fund C IP 2001/02 -2005/06 Revenues 2001/02 2002J03 2003/04 2004/05 2005/06 Police Impact Fees $208,000 $ 83,826 $69,000 $92,000 $41,600 Total Available Resoumes 208,000 83,826 69,000 92,000 41,600 for CIP Proposed Appropriations $208,000 $83,826 $69,000 $92,000 41,600 Balance $0 $0 $0 $0 $0 Capital Improvement Program 2001-2006 Page 19 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 construction operation and maihtenance prior to the incorporation of the City. The County provided a very limited level of stormwater maintenance. Many drainage and flooding problems exist in the City that require major capital improvements. In order to address the deficiencies and develop an ongoing maintenance program, a Stormwater Utility Fund will be created. The Fund will generate 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. To accomplish this, the City contracted with its consulting engineers to prepare a stormwater management feasibility study· 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 will be required in 2001 to fund capital improvements during a portion of the five year period. A total of $2,570,000 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 2000/01. It will increase to $2.75 beginning in 2002/03. DADE COUNTY MUNICIPALI-TIES 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 $2.50 Capital Improvement Program 200'1-2006 Page 20 ~ , City of Aventura TABLE 7 RECAP OF AVAILABLE RESOURCES v$ PROPOSED APPROPRIATIONS STORMWATER UTILITY FUND Monthly Rate Per ERU $2.50 $2.50 $2.75 $3.00 $3.{Xl $3.00 NOTES TO .~,SSUMPTION 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 2001/02, projected to continue to grow at an annual rate of 4%. (6) Loan Repayment. (7).Repayment of funds advanced from the General Fund in 1997/98 fiscal year (8) To finance a portion of the Annual ClP expenditures shown. Capital Improvement Program 2001-2006 Page 21 of Exce 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 park system and recreational facilities. There are 5 projects in the Capital Improvemen~ Program, which total $14,677,000. 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 the 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 measures including limited access facilities. · Replace dangerous equipment and eliminate visual barriers to reduce opportunities for crime. Capital Improvement Program 2001-2006 Page 22 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. Existinq 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 Drive 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 w/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. The Huber Tract was purchased in 1998. This 3.5 acre site was one of the last remaining waterfront undeveloped parcels in the City. This site will be used for the new Millennium Park and Community/Recreation Center. Prior Accomplishments The following projects have been completed or are scheduled for completion as of the 2000/01 fiscal year: Proiect Title Year Conceptual Design of Aventura Founders Park 1996/97 Design of Country Club Drive Exercise Safety Improvements 1996/97 capital Improvement Program 2001-2006 Page 23 City of Aventura Purchase of 5.5 acres for Aventura Founders Park 1996/97 Bus Shelter & Bench Replacements 1996/97, 1997/98, 1998/9~, 1999/00, 2000/01 Aventura Blvd Beautification Improvements 1997/98 Northern Entrance Beautification Improvements 1997/98 Aventura Founders Park Development 1997/98 Country Club Ddve'ExerciseNValking Path Improvements 1997/98 NE 183rd 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 Count~hClub Dr. Exercise Path Safety Improvements 1998/99 NE 190 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 Biscayne Boulevard Phase II Beautification Improvements 1999/00 Aventura Boulevard Entrance Feature 1999/00 NE 185th Street & NE 28th Ave Beautification Improvements 1999/00 NE 213th Street Beautification Improvements 2000/01 Aventura BIvd. Entrance Features 2000/01 Community/Recreation Center Conceptual Design 2000/01 Expanded Waterways Park Conceptual Design 2000/01 Park Facilities/Open Space Recreation The estimated current population for the City of Aventura is 25,300. The City'.' 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 69.6 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%, pdvate 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 PFOS1 contains an inventory of existing and proposed recreation and open space areas. The City owns 21 park/open space acres. 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. Capital Improvement Program 2001-2006 Page 24 City of Aventura The major park facility improvement outlined in the 2001/02 ~ 2005/06 relates to 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 geare~J toward meeting the needs of today and tomorrow. Table PFOS 1 CITY OF AVENTURA Recreation/Open Space Inventory TYPE FACILITY ACRES APPLICABLE ACRES Public Recreation Areas C Country Club Ddve E. xemise/Walking path 5.5 5.5 N Huber Tract* 3.5 3.5 N Waterways Park 1.0 1.0 N Aventura Founders Park 11.0 11.0 Public Recreation Subtotal 21.0 21.0 Private Recreation Areas Private Recreation Sites 63.61 31.81 Madna Complexes 9.40 2.35 Golf Courses 203.17 50.79 Private Recreation Subtotal 276.18 84.95 Total Recreation Areas 297.18 105.95 C = Community Park N =Neighborhcod Park * = Undeveloped City,vide 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. Many of the trees will be illuminated and the color of the lights will change in accordance with the changing seasons. In addition, the project includes replacing the existing bus benches and shelters with more attractive and user friendly units. With this Beautification Program, the City Commission will fulfill its long-term goal of creating the signature of the City and establishing its reputation as "the most beautiful Capital Improvement Program 2001-2006 Page 25 City of Aventura 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. Projects have been prioritized according to the construction of the Biscayne Boulevard widening project. Medians will have groundcover instead of grass, decreasing annual maintenance costs. The following arecs..have been completed or are scheduled for completion as of the 2000/01 fiscal yea~:: Aventura Boulevard, Northern City Entrance, NE 207th Street, NE 183rd Street, NE 185th Street & 28th Avenue, NE 190th Street, NE 191~t 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 )roceeds from the following revenue sources: Total Category Budget $14,677,000 Fundin,q: General Fund $4,277,000 Loan Proceeds 7,500,000 FDOT Contributions 1,000,000 Park Impact Fees 1,400,000 Grant 500,000 Capital Improvement Program 2001-2006 Page 26 City of Aventura TABLE 1 PROPOSED BEAUTIFICATION AND PARK FACILITIES IMPROVEMENTS ' PROJECTS SCHE{3UL~D FOR 2001~)2 -2005106 SUMMARY BY YEAR ~P1 Millennium Park/Communib~ Cente¢ CM $ 4,590,000 $ 4,500.~00 BP3 Founders Park Improvemen[s CS 5,000 27,000 32.000 TABLE 2 PROPOSED BEAUTIFICATION AND PARK FACILITIES IMPROVEMENTS PROJECTS SCHEDULED FOR 2001/02 -2005/06 FUNOING PLAN BP4 Cil~wlde Beautification Improvements CS 3,495000 2,495,000 1.000,000 Capital Improvement Program 2001-2006 Page 27 , City of Aventura PROPOSED PROJECTS 1 - CM Millennium Park/Community Recreation Center 2001/02 $4,500,000 This project consists of developing a 3.5 acre park site on property along the tip of NE 188~h Street. It will house a community/recreation center, water front recreational activities and Gym facilities. 2 - CM Waterways Park Development 2001/02 $3,650,000 2002/03 $2,750,000 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 preservation of 1.5 acres of mangroves. Capital Improvement Program 2001-2006 Page 28 City of Aventura 2001/02 Purchase land and design project for bid. 2002/03 Construction. 3- CM Founders Park Improvements 2001/02 $5,000 2004/05 $27,000 This project consists of replacing and updating playground equipment. 2001/02 Purchase Soccer Goals $5,000 2004/05 Replace Playground equipment 27,000 4 - CS Citywide Beautification Improvements 2001/02 $1,320,000 2002/03 $900,000 2003/04 $175,000 2004/05 $1,100,000 This project consists of implementing the landscaping and beautification concepts approved by the City Commission. Projects have been prioritized according to the construction of Biscayne Boulevard, project visibility, and safety concerns. The primary plant palette includes date palms, royal palms, queen palms, and live oaks. Seasonal color will be used at pdmary intersections, and medians will have groundcover instead of grass, decreasing annual maintenance costs. 2001/02 Biscayne Boulevard (7) Phase III &iV $1,300,000 Country Cub Drive Irrigation Pumps 20,000 2002/03 Country Club Drive 900,000 2003/04 Yacht Club Way 175,000 2004/05 William Lehman Causeway 1,100,000 5- CS Bus Bench & Shelter Improvements 2001/02 $250,000 This project provides for the systematic replacement of bus benches,' ;helters, and trash receptacles within the City. To provide safe and attractive bus shelters, benches, and trash receptacles. 2001/02 Install 3 shelters, 10 benches 10 trash receptacles $250,000 Capital Improvement Program 2001-2006 Page 29 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 improvements. There are 4 improvement projects in the Capital Improvement Program, which total $4,860,000. Special emphasis was given to correcting drainage deficiencies improving safety through street lighting and addressing maintenance considerations. The projects outlined in this section have been developed based on a complete survey of all areas of the City, with respect to the improvement items, by the Community Services Department, City's consulting engineer and staff. Projects outlined herein can be classified as an ongoing maintenance program to upgrade areas of the City to conform to present standards and/or major public works projects to provide long-term drainage improvements 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 fund 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. Capital Improvement Program 2001-2006 Page 30 City of Aventura · Provide walkways and sidewalks to improve the safety of residents traveling throughout the City. · 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. Existing 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 28th Avenue NE 29th Avenue NE 29th Court NE 29th Place NE 30th Avenue NE 34th Avenue NE 187th Street NE 188th Street NE 190th Street NE 191 st Street N'E 192nd Street NE 193rd Street Aventura Boulevard West Country Club Drive North Country Club Drive East Country Club Ddve NE 201 Terrace NE 203rd Street NE 205th Street NE 206th Street NE 207th Street NE 208th Street NE 208th Terrace NE 209th Street NE 211th Street NE 213th Street NE 214th Terrace NE 214th Street NE 183rd Street Yacht Club Drive Prior Accomplishments Since the inception of the Capital Improvement Program, the following projects have been completed or are scheduled for completion as of the 2000/01 fiscal year: Project 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 207t~ Street Lighting Improvements 1997/98 North Aventura Stormwater Collector (213th Street) 1997/98, Pedestrian Transportation Circulation Safety Improvements1997/98' NE 190th Street Lighting Improvements 1998/99 South Aventura Stormwater Collector 1998/99 Sidewalk Improvements & Replacements 1998/99, 1999/00, 2000/01 NE 34~ avenue Street Lighting Improvements 1999/00 Capital Improvement Program 200t-2006 Page 31 City of Aventura NE 185th Street & NE 28th Avenue Improvements 1999/00 Safety Improvements - Country Club Ddve 1999/00 NE 30th Avenue Drainage Improvements 2000/01 NE 213th Street Lighting Improvements 2000/01 NE 34th Avenue Safety/Road Improvements 2000/01 Proposed Road, Draina,qe 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 all public roads and rights-of-way. The City's consulting engineers, Keith and Schnars, P.A. conducted an extensive evaluation of the City's infrastructure including roadways, drainage, sidewalks and streetlighting. The projects outlined in this section have been developed based on the study. The study indicated that major improvements were necessary for storm drainage and street lighting. The storm drainage improvements are based on the Stormwater Master Plan prepared by Keith and Schna~-s~ P.A. In January-1997, the City Commission by Resolution No. 97-05 adopted a Policy governing the conversion of pdvate roads to public roads. The Williams Island Road proje~ 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 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 1997/98 fiscal year the City in cooperation with several developers entered into an Agreement to construct the North Aventura Stormwater .Collector (2.13th 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. Projects outlined herein can be also be classified as 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 $ 4,860,000 Funding: General Fund $ 2,575,000 Storm Water Utility Fund $ 2,285,000 Tables I and 2 showing these improvement projects and funding schedules are followed by detailed project descriptions. Capital Improvement Program 2001-2006 Page 32 City of Aventura PROPOSED ROADWAY, DRAINAGE AND INFRASTRUCTURE iMPROVEMENTS PROJECTS SCHEDULED FOR 2001/02 - 2005/06 SUMMARy BY YEAR TABLE 2 PROPOSED ROADWAY. DRAINAGE AND INFRASTRUCTURE IMPROVEMENTS PROJECTS SCHEDULED FOR 2001/02 - 2005/06 FUNDING pLAN RDI1 Storrn~ater Drainage Improvement CS 2,575,000 2,575,000 RDi2 Street Lighting Improvements CS 900,000 RDI3 Road Resurfa~i~g Program CS 1,375,{~00 1,375,000 RDI4 Sidewalk Improve & Replacement CS 10,000 10,000 Totals $ 4,860,000 $ 2,575,000 $ 2,2851000 Capital Improvement Program 2001-2006 Page 33 ~ City of Aventura PROPOSED PROJECTS 1-CS Stormwater Drainage Improvements 2001/02 $2,475,000 2002/03 $25,000 2003/04 $25,000 2004/05 $25,000 ,' 2005/06 $25,000 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 207th 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 proposed for NE 29 Ave. between 187 and 191 Street (South Aventura Stormwater Collector). Both collectors have positive ouffalls discharging the runoff into canals that connect to the Intracoastal Waterway. This will enable the effective dissemination of stormwater and resolve the street drainage problems that currently exist. The North Aventura Stormwater Collector which runs along NE 30th Avenue to NE 213th Street was completed in the 1998, two years ahead of schedule. This was accomplished by 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 by entering into a private-public partnership with the owners of Champion Square Shopping Center. 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. 2001/02 Biscayne Lake Gardens Area Drainage Improvements NE 27th Court, NE 29th Place, NE 201 Terrace and N E 203 Street $1,550,000 NE 188th Street 900,000 Minor Drainage Improvements 25,000 2002/03 Minor Drainage Improvements $25,000 2003/04 Minor Drainage Improvements $25,000 2004/05 Minor Drainage Improvements $25,000 Capital Improvement Program 2001-2006 Page 34 City of Aventura 2005~06 Minor Drainage Improvements $25,000 Later NW City Drainage Improvements NE 204 Terrace, NE 205 Street, NE 206 Street, NE 207 Street, NE 208 Terrace, NE 208 Street NE 2p9 Street, NE 211 Street, NE 29 Court, NE 214 Street, NE 214 Terrace $5,000,000 2-CS Street Lighting Improvements 2001/02 $750,000 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 )rovide safe, well-lighted roadways that are aesthetically pleasing. 2001/02 Country Club Drive $600,000 NE 188th Street 150,000 2004/05 Yacht Club Way 150,000 3-CS Road Resurfacing Program 2001/02 $800,000 2005/06 $575,000 This project consists of resurfacing roadways that are not included in the Stormwate~ Drainage Improvements. The roads represent the most critical areas as determined by the Community Services Department. 2001/02 Country Club Ddve Resurfadng $800,000 2005/06 NE 207th Street 350,000 Aventura Boulevard 225,000 4-CS Sidewalk Replacement Program 2001/02 $10,000 The project consists of the construction and maintenance of concrete sidewalks to improve the safety of pedestrians traveling throughout the City. The following locations are scheduled: Capital Improvement Program 2001-2006 Page 35 City ofAventura NE 29th Avenue NE 29th Court and NE 199th Street NE 28th Court NE 209th Street NE 183rd Street NE 187th Street Capital Improvement Program 2001-2006 Page 36 City of Aventura PUBLIC BUILDINGS AND FACILITIES IMPROVEMENTS Capital projects in this functional category include the purchase of property for a school site and the construction of a cultural arts center. The Capital Improvement Program includes projects totaling $20,000,000. 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 faciliiies 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. =xistinR 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 2000/01' fiscal year: Project Title Year Government Center/Police Station Needs Assessment Study 1996/97 Government Center Land Purchase 1997/98 Design of Government Center/Police 1997/98 Construction of Government Center 1999/00,2000/01 FundinR Plan Funding for the proposed Public Buildings Projects will be provided by the following sources: Total Category Budget $20,000,000 Fundin,q: 2001 Loan Proceeds 4,000,000 2003 GO Bond Issue Proceeds 6,500,000' Private Donations 8,000,000 Grants 1,500,000 Capital Improvement Program 2001-2006 Page 37 City of Aventura Capital Improvement Program 200t-2006 Page 38 ' · City of Aventura PROPOSED PROJECTS 1 - CM Charter School Property Purchase 2001/02 $4,000,000 This project consists of purchasing approximately 3 acres on NE 188th Street t( construct a Charter Elementary School. 2 - CM Cultural Center 2002/03 $8,000,000 2003/04 $8,000,000 This project consists of 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. Capital Improvement Program 2001-2006 Page 39 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 $1,743,100. 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 various City departments and information sYstems. · Utilize the latest state of the art technology including the use of the Internet for the delivery of services. Prior Accomplishments Since the inception of the Capital Improvement Program, the following projects have been completed or are scheduled for completion as of the 2000/01 fiscal year: Project Title Year Computer Equipment (CM) 1996197, 1997~98,1998~99 1999~00 Computer Equipment (FSS) 1996~97, 1997/98,1998/99 1999/00, 2000/01 Computer Equipment (CC) 1996/97,1998/99 1999~00 Computer Equipment (PD) 1996~97, 1997~98,1998~99 1999/00, 2000/01 Computer Equipment (CD) 1996/97, 1997~98,1998~99 1999~00, 2000101 Computer Equipment (CS) 1996/97~ 1997/98, 1999/00 2000/01 Capital Improvement Program 2001-2006 Page 40 City of Aventura TABLE 1 PROPOSED IN FORMATION/CO MMUNIC~T10 N ~ECHNOLOGY PROJECTS SCHEDULED FOR 2001/02 - 2005/06 SUMMARY BY YEAR ICT1 Police Computers Systems PD1 102.500 127.5~0 1401000 140.000 140.000 650.0~0 ICT2 Central Compute~ System FFSI 175.000 70,0(30 50.0(30 50.000 90.000 435,0~0 ICT3 Radio Purchase & Replacement PD2 175.000 100.0(30 100,000 100.000 100.000 575.0~0 ICT4 Computer Equipment FSS2 13.000 4.(XX) 4,~00 4.~00 13,0(X3 38.000 ICT5 Comp~tar EqUipment CM 4.0(30 4,~00 8.000 ICT6 Computer Equipment CS11 2.500 2500 2.500 7,500 ICT7 Computer Equipmer~ CD2 16.900 13.550 13.700 13.700 57.850 ICT8 Computer Equipment CC1 3.000 3,000 Totals $ 489,4~0 $ 317.550 $ 314.200 $ 307.700 $ 345,500 $1.774.350 TABLE 2 PROPOSED INFORMA33 ON, CO M MUNICATION TECHNOLOGY PROJECTS SCHEDULED FOR 2001/02 - 20~/06 FUND{ NG PLAN ICT2 Centmt Computer Sy~em FFSI 435,000 435.000 ICT3 Radio Purchase & Replacement PD2 575,0(X) 100.000 475.000 ICT4 Computer Equipmen~ FSS2 38.0(~0 38.0(30 ICT5 Computer Equipment CM 8.0~0 8.0~0 ICT6 Computer Equipment CS11 7.500 7.500 ICT7 Computer Equipment CD2 57.850 57.850 ICT8 Computer Equilxnent CC1 3.000 3.000, Totals $ 1.774.350 $ 100.000 $1,674.350 Capital Improvement Program 2001-2006 Page 41 City of Aventura PROPOSED PROJECTS 1 -PD Police Computers Systems 2001/02 $102,500 2002/03 $127,500 2003/04 $140,000 2004105 $140,000 2004/05 $140,000 This project consists of purchasing computer equipment and software that utilizes the latest 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 g[owthand required upgrades; 2001/02 5 Desktop Computers 12,500 Upgrades 25,000 Replace 12 Mobile Laptops 65,000 2002/03 5 Desktop computers 12,500 Upgrades 50,000 Replace 10 Mobile Laptops 65,000 2003104 10 Desktop computers 25,000 Upgrades 50,000 Replace 12 Mobile Laptops 65,000 2004~05 Upgrades 50,000 Replace 12 Mobile Laptops 65,000 10 Desktop Computers 25,000 2005~06 Upgrades 50,000 Replace 12 Mobile Laptops 65,000 10 Desktop Computers 25,000 2 - FS Central Computer System 2001/02 $1751000 2002~03 $70,000 2003~04 $50,000 2004/05 $50,000 2005~06 $90,000 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. The pdmary system was acquired in the 1996/97 fiscal year but requires expansion and replacement to stay current with the state of computer technology. Capital Improvement Program 2001-2006 Page 42 City of Aventura 2001/02 Upgrades 90,000 Recreation Registration Software 50,000 Building/PW Permitting Software 15,000 Servers for Building/Recreation 20,000 2002/03 Upgrades 70,000 2003/04 Upgrades 50,000 2004/05 Upgrades 50,000 2004/06 Upgrades 90,000 3-PD Radio Purchase & Replacement 2001/02 $175,000 2002~03 $100,000 2003~04 $100,000 2004~05 $100,000 2005/06 $100,000 This project consists of purchasing equipment to establish and maintain an 800 Mhz police 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 period. 2001/02 10 Handheld & 10 Mobile Radios 50,000 800 Mhz Radio System upgrades 125,000 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 Up'grades 50,000 2005/06 10 Handheld & 10 Mobile Radios 50,000 800 Mhz Radio System Upgrades 50,000 4 - FSS Computer Equipment 2001/02 $13,000 2002/03 $4,000 2003/04 $4,000 2004105 $4,000 2005~06 $13,000 Capital Improvement Program 200'1-2006 Page 43 City of Aventura This project includes the cost of equipment projected for new positions and replacement of existing equipment for the various employees of the department. 5 - CM Computer Equipment 2001/02 $4,000 2003/04 $4,000 This project consists of upgrading computer equipment in the Office of the City Manager. 6-cs i ' Computer Equipment 2002/03 $2,500 2003/04 $2,500 2005/06 $2,500 This project consists of purchasing and upgrading computer equipment in the Community Services Department. 2002/03 Computers 2,500 2003/04 Computers 2,500 2005/06 Computers 2,500 7 - CD Computer Equipment 2001/02 $16,900 2002/03 $13,550 2003/04 $13,700 2OO4/O5 $13,7O0 Thi~ pf'oject consists of computer upgrades, replacement printers and the implementation of field computers for code compliance and building inspections for the Community Development Department. 2001/02 Replace 2 Computers $3,400 1 Form Printers 1,350 3 Laptops & Air Cards 12,150 2002/03 3 Laptops & Air Cards 12,150 Digital Camera 1,000 Printer 400 2003~04 Replace 3 Laptops 9,900 Replace 2 Computers 3,400 Capital Improvement Program 2001-2006 Page 44 City of Aventura Printer 400 2004105 Replace 3 Laptops 9,900 Replace 2 Computers 3,400 Printer 400 8 - CC Computer Equipment 2001/02 $3,000 This project consists of upgrading and replacing computer equipment in the City Clerk's Office. Capital Improvement Program 2001-2006 Page 45 ~ , 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 $2,004,563. Policies The City Aventura's investment in capital equipment purchases and replacements is based on the following policies: Goal: Providi~ 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 n~aintain an "Equipment Evaluation and Replacement Guide" to determine replacement schedules and costs for a ten-year period. · Purchase more economical and multi-functional vehicles. · Purchase new equipment that will increase productivity and reduce personnel and 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. Prior Accomplishments This represents the City of Aventura's first Capital Improvement Program. The following projects have been completed or are scheduled for completion as of the 2000/01 fiscal year: Proiect Title Year Vehicles (PD) 1996~97, 1997/98,1998/99 1999/00, 2000/01 Equipment Purchase (PD) 1996/97, 1997/98,1998/99 1999/00, 2000/01 Equipment Purchase (CC) 1996/97; 1997/98 Equipment Purchase (CM) 1996/97, 1997/98 Equipment Purchase (FSS) 1996/97, 1997/98,1998/99 1999/00, 2000/01 Equipment Purchase (CD) 1996/97, 1999/00, 2000/01 Capital Improvement Program 2001-2006 Page 46 City of Aventura Equipment Purchase (CS) 1996/97, 1997/98,1998199 2000/01 Proposed Capital Equipment Purchase And Replacement Most projects outlined in the 2001/02 to 2005/06 Capital Improvement Program are either pertaining to vehicles or operational equipment. These 5 projects, worth $2,004,563 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 $2,004,563 Fundin.q: General Fund $1,610,137 Police Impact Fee Fund $ 394,426 Capital Improvement Program 2001-2006 Page 47 City of Aventura TABLE 1 PROPOSED CAPITAL EQUIPMENT PURCHASE AND REPLACEMENT PROJECTS SCHEDULED FOR 2001/02 - 2005/06 SUMMARY BY YEAR CE1 Vehicle Pc=chase & Replacements pD3 283,122 342,255 311,660 271,0~0 261,000 1,469,037 CE2 Equipment Purchase and Replacement PO4 106,000 83,826 69,000 92,000 41,600 394,4Z6 CE3 Equipmen~ Purchase and Rel~acement CS12 45.0~0 ~ 7,600 32,5~0 95,100 CE4 Equipmen~ Purchase and Replacement CD1 18,000 24,000 42,0~0 Capital Improvement Program 2001-2006 Page 48 City of Aventura PROPOSED PROJECTS 1 - PD Vehicle Purchase & Replacements 2001102 $283,122 2002~03 $342,255 2003/04 $311,660 2003~05 $271,000 2005106 $261,000 This project consists of purchasing police vehicles to accommodate new employee additions and establish a vehicle replacement program in the Police Department. 2001/02 Replace 12 Patrol Vehicles $270,122 Marine wave Runner 8,000 Cart Trailer 5,000 2002/03 Replace 4-wheel Drive Vehicle 32,000 Replace Crime Scene Van 32,000 Replac? 12 Patrol Vehicles $278,225 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 2 - PD Equipment Purchase and Replacement 2001/02 $108,000 12002/03 $83,826 2003~04 $69,000 2004~05 $92,000 2004~05 $41,600 This project consists of purchasing equipment for the Police Department. The following is a breakdown of the items to be replaced: 2001/02 Repla~;e 20 vests 12,000 12 Overhead light bars, Sirens & Cages 50,000 2 laser radar units 8,000 Marine patrol engine replacement 20,000 2 Stealth speed measuring devices 8,000 Laser Measuring Device 10,000 2002~03 Replace 20 vests 12,000 Replace Police Canine Dog 7,000 5 Handguns 3,826 Capital Improvement Program 200'1-2006 Page 49 City of Aventura 10 Overhead light bars, Sirens & Cages 45,000 5 MotorcYCle Rader Units 16,000 2003~04 10 Overhead light bars, Sirens & Cages 47,000 Replace 20 vests 12,000 Replace SMART Radar Trailer 10,000 2004~05 Purchase 5 handheld radar units 10,000 Marine patrol engine replacement 22,000 Replace Marine Patrol Boat 60,000 2005~06 Sirens & Cages 29,000 ReplaCe 20 vests 12,600 3 - CS Equipment Purchase and Replacement 2002/03 $45,000 2003~04 $17,600 2003~04 $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 items to be purchased: 2002~03 Pickup Truck $17,600 Utility truck 27,400 2003~04 Pickup Truck 17,600 2004~05 Golf cart 6,000 Utility Vehicle 26,500 4 - CD · Equipment Purchase and Replacement ' 2001/02 $18,000 .2003~04 $24,000 This project consists of 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: 2001/02 Pickup Truck 18,000 2003~04 Utility Vehicle 24,000 Capital Improvement Program 2001-2006 Page 50 City ofAventum 5 - FSS Equipment Purchase and Replacement i 2001/02 $2,000 2002~03 $2,000 i This project consists of purchasing office furniture for projected new employees and additions to existing furniture and equipment in the Finance Support Services Department. 2001/02 Office Furniture/Equipment 2,000 2002/03 Office Furniture/Equipment 2,000 Capital Improvement Program 2001-2006 Page 51