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2000-040 RESOLUTION NO. 2000-40 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 2000/01 TO 2004/05; 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 2000/01 to 2004/05, 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, Communications and Computers 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. 2000-40 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 two years (2000- 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 of the City of Aventura hereby accepts and adopts in principle, subject to annual revisions and authorization, the City of Aventura Resolution No. 2000- 4__o Page 3 Capital Improvement Program document for fiscal years 2000/01 to 2004/05 attached hereto and incorporated herein as specifically as if set at length herein. Section 2. The City Manager of the City of Aventura, Florida 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. who ~gers-Libert The foregoing Resolution was offered by Commissioner l~olzberg , moved its adoption. The motion was seconded by Commissioner and upon being put to a vote, the vote was as follows: Commissioner Arthur Berger yes Commissioner Jay Beskin yes Commissioner Ken Cohen ~,es Commissioner Harry Holzberg ?es Commissioner Patricia Rogers-Libert ,,es Vice Mayor Jeffrey M. Perlow yes Mayor Arthur I. Snyder ?es PASSED AND ADOPTED this 6th day of June, 20p0. ATTEST: TEaR'SA M. SOROKA, CMO CITY CLERK ARTHUR I. SNYDER, MAYOR APP~~O~FICIENCY: CITY ATTORNEY CAPITAL IMPROVEMENT PROGRAM 2000/01 -2004~05 CITY OF AVENTURA CITY COMMISSION Mayor Arthur I. Snyder Vice Mayor Patricia Rogers-Libert Commissioner Arthur Berger Commissioner Jay R. Beskin Commissioner Ken Cohen Commissioner Harry Holzberg Commissioner Jeffrey M. Perlow 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 CITY OF AVENTURA GOVERNMENT CENTER 2999 N.E. 1915T STREET SUITE 500 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 (CIP) for the fiscal period October 1, 2000 through September 30, 2005 and the proposed Capital Budget for the Fiscal period October 1, 2000 through September 30, 2001. This document represents the third update of the CIP that was originally prepared for the five year cycle of 1997 to 2002. The update process is important for the CIP 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 (2004/05) 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 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. 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 prior document: Pumhase of 2 additional acres for a park or Cultural Arts Center use was moved from 1999/2000 to 2000/01 -$2,000,000 · Yacht club Way Improvements -$1,050,000 · Founders Park Enhancements - $27,000 ' · Eliminate previously proposed increase in Stormwater Utility rate for 2000101 fiscal year. The proposed 2000 - 2001 Capital Improvement Program includes 25 projects in 5 functional categories with a total value of $22,243,378. The following represents the percentage of total funding that each functional category has been allocated: Beautification & Parks Facilities (35%), Public Buildings and Facilities Improvements (28%), Roadway, Drainage and Infrastructure Improvements (22%), Capital Equipment Purchase and Replacement (8%) and Communications and Computers (7%). Major emphasis was placed on the following projects: · Cultural Arts Center · Stormwater Drainage Improvements · Citywide Beautification Improvements · Park Improvements/Land Purchase · Road, Street Lighting & Safety Improvements · Improved Radio Communications for Police Services $6,000,000 3,125,000 5,550,000 2,000,000 1,870,000 400,000 The approval of the Cultural Arts Center is subject to a feasibility study and voter approval should a tax increase be necessary to fund the project. Two areas of improvement still needs to be investigated in future CIP documents. 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 City's involvement~ if any, with assisting the Dade County School Board in obtaining an elementary school site may need to be addressed in the next CIP update. 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 two years, 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. I am proud of the many accomplishments and the support the City Commission and residents have shown in the implementation of the various municipal services since the incorporation of the City. The City of Aventura's progress and development continues at a record setting pace while emphasizing a commitment to excellence and professionalism. This document serves many purposes. Importantly it se~ves 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 2000 - 2005 Capital Improvement Program: 1. Hold a workshop to review the CIP document. 2. Transmit copies of the CIP summary document to the public. Hold a public hearing to conceptually adopt the final ClP document, by resolution, for implementation. All questions relating to the CIP should be referred to my attention. EMS/aca CAPITAL IMPROVEMENT PROGRAM 2000 - 2005 HIGHLIGHTS The proposed funding plan supports the City Commission's commitment not to increase the current property tax rate for the next two years. The only tax increase included in the funding plan is scheduled for 2003~04 and is designed to support the proposed Cultural ^rts Center and subject to voter approval and the results of a feasibility study. 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 $3,125,000 worth of improvements will be completed during the five year period. Includes $2,000,000 for the purchase of additional land south of the city owned Huber Tract for park or Cultural Center purposes. A total of $5,550,000 of Citywide beautification improvements including median landscaping, lighting 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, NE 213 Street, Country Club Drive, Yacht Club Way and William Lehman Causeway Funding has been provided to install decorative street light fixtures that will complement the city's beautification improvements and provide well-lighted roadways. Areas included are NE 213th Street, Country Club Drive and Yacht Club Way. The systematic replacement of bus benches, shelters and trash receptacles will continue to be made over the next five years. Road improvements to enhance safety are included for NE 34th Avenue and Country! Club Drive. 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 city operations. Ensures that the tools of production, vehicles, equipment and technology, are available for city operations. CAPITAL IMPROVEMENT PROGRAM 2000 - 2005 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 Yeer 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 Stormwater Utility Fund PAGE 1 2 2 3 4 4 5 6 6 7 8 9 9 10 11 12 17 18 19 2O Beautification and Park Facilities Improvements Roadway, Drainage and Infrastructure Improvements Public Buildings and Facilities Improvements Communications and Computers Capital Equipment Purchase and Replacement 22 30 37 40 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 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 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 ClP document also communicates to the citizens, businesses and interested parties the City's capital prior;ties 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 crucial projects are developed first. City of Aventura 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 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 th( Local Government Comprehensive Planning and Land Development Regulations ~ncorporated as Chapter 163, Florida Statutes. 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 1999 -2004. A CIP Preparation Manual and relate( forms were distributed to all departments for this purpose. In February, departmental prioritized project requests were submitted to the Cit, 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 toI 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 CIP in principle. City ofAventura I 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 criteria - 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 included 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 submitted 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 City ofAventum 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 ClP 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) Roads, Drainage and Infrastructure Improvements (RDI) Public Buildings and Facilities (PBF) Communications and Computers (CC) 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-1-CS is Roads, Drainage and Infrastructure Improvements project number one which was requested by the Community Services Department. City ofAventura 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. OVERVIEW OF RECOMMENDED PROJECTS City of Aventura OVERVIEW OF RECOMMENDED PROJECTS SUMMARY OF RECOMMENDED PROJECTS The proposed 2000 - 2005 Capital Improvement Program includes 25 projects in 5 functional categories with a total value of $22,243,378. The following represents the 3ercentage of total funding that each functional category has been allocated: Beautification & Parks Facilities (35%), Public Buildings and Facilities Improvements (28%), Roadway, Drainage and Infrastructure Improvements (22%), Capital Equipment Purchase and Replacement (8%) and Communications and Computers (7%). 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 2000/01-2004/05 Summary By Function Program 2000/01 2001102 2002/03 2003/04 2004/05 TOTAL Beautification & Parks Facilities $175,000 $ 1,127,000 $ 7,577,000 Roadway, Drainage & 25,000 175,000 4,995,000 Infl'~tructuro Public Buildings & Facilities 800,000 1,000,000 4,500,000 0 0 6,300,000 Communications & Computers 380,450 288,683 330,592 349,500 159,000 1,508,220 Capital Equipment 318,790 382,122 432,081 427,160 303,000 1,863,153 $ 3,325,000 $ 2,050,000 $ 9~0,000 1,230,000 3,540,000 25,000 Totals $ 6,054,240 $ 7,260,805 $ 6,187,673 $ 976,660 $1,764,000 $ 22,243,378 Capital Equipment 8% Communications & Computers Beautification & 7% Parks 35% Public Buildings 28% Roadway, Drainage & Infl'estmctum 22% City of Aventura 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 2000/01-2004/05 Summary By Funding Source Funding Source 2000/01 2001102 2002/03 2003/04 2004/05 TOTAL General $3,692,000 $2,728,805 $1,594,847 $892,660 $t,707,000 $10,615,312 Police Impact Fee~ 152,240 92,000 67,826 59,000 32,000 403,066 Pork Development 500,000 500,000 Stormwater Utility 710,000 2,340,000 25,000 25,000 25,000 3,125,000 G rants 1,000,000 1,000,000 Revenue Bond 4,500,000 0 4,500,000 FDOT 1,100,000 0 1,100,000 Private Donations 1,000,000 0 0 1,000,000 $ 6,054,240 $ 7,260,805 $ 6,187,673 $ 976,660 $ 1,764,000 $ 22,243,378 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 49% Police Impact Fees 2% Private Donations 4% Revenue Bond 2O% Grants 4% Park Development 2% 8tormwate~ Utility 14% r City ofAventura 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 2000/01-2004/05 Summary By Location location Foundera Park Additions Biscayne Boulevard (7) Phase III &IV Biscayne ~ke Gardm~ Ar~ Beautification Road Street Drainage Park Sidewalk Safety Improvements Improve Lighting Improve Improve Repalra Improve 20~0~01 2000/01 2004/05 2001102 2001/02 2001/02 2001/02 2000/01 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 of Aventura 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 pdmary 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 [ City of Aventura 3. Park Development Fund 4. Stormwater Utility Fund 5. Capital Construction Fund In accordance with accounting, legal and internal revenue requirements, all projects tc 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: Utilize "pay - as - you - go" financing through annual appropriations to fund $15,643,378 of the total five year amount of $22,243,378. If approved by the voters, and subject to a feasibility study, issue long term general obligation bond proceeds in the amount of $4,500,000 to fund the Cultural Arts Center. The annual debt service payment of $315,000 would be paid from a voter approved debt service tax increase of 4.6%, which is approximately $23.00 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. No increase in the operating ad valorem tax rate is proposed over the five year plan. 5. Utilize funding from Florida Department of. Transpo~-tation in the amount $1,100,000 to supplement the City's Beautification plans on Biscayne Blvd. Utilize funding from impact fees, grants and private contributions in the amount of $2,903,066 to assist in the funding of the Cultural Arts Center, drainage, beautification plans and police equipment. 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 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 31an 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 1999/00 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 [, City of Aventura 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 period. 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 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 compares the tax rates of the cities located in Dade County: City Millage Pinecrest 2.1000 Aventura 2.2270 Sunny Isles Beach 2.3030 UMSA 2.4470 Bal Harbour 3.2700 Sweetwater 3,4900 Key Biscayne 3.6060 Virginia Gardens 3,8430 Bay Harbor Island 4.6537 North Bay Village 5,4550 Coral Gables 5.5000 Surfside 5.6030 South Miami 6.3730 Hialeah Gardens 7.3270 Hialeah 7.4810 El Portal 7.7000 Florida City 7.9000 Medley 7.9230 Miami Springs 8.2980 North Miami Beach 8.4035 West Miami 8.4950 Homestead 8.5000 Golden Beach 8.5900 Biscayne Park 8.9000 Miami Shores 8.9692 North Miami 9.0000 Islandia 9.2263 Miami Beach 9.6440 Cpa Locka 9.8000 indian Creek 9.9600 Miami 11.4000 City of Aventura TABLE 1 PROJECTION OF RESOURCES AVAILABLE FOR GENERAL GOVERNMENT SERVICES 1999100 2000101 200112002 2002/2003 CURRENT YEAR REVENUES AVAILABLE FOR GENERAL GOVERMENT SERVICES AD VALOREM TAXES AD VALOREM TAXES*INCREASE FPL FRANCHISE FEES FRANCHISE FEES UTILITY TAXES CITY OCCUPATIONAl. LICENSES BUILDING RELATED REVENUE STATE SHARED REVEN U ES-~INREST RICTED HALF CENT SALES TAX OTHER INTERGOVERNMENTAL REVENGES CHARGES FOR SERVICES FINES AND FORFEITURES STATE SHARED REVENUES-RESTRICTED LOCAL OPTION GAS TAX MISC. REVENUES INTEREST ON INVESTMENTS COUNTY OCCUPATIONAL LICENSES TOTALCURRENTYEARREVENUES TRANSFERS FROM STORMWATER UTILITY TOTAL AVAILABLE $7,160,000 $7,410,600 $7,632,918 $7,785,576 $7,941,288 $8,100,114 (a) $16,985,900 $17,323,762 $17,651,913 $17,867,980 $18,485,233 $18.754,709 748,596 180,541 762,763 195,273 203,084 211,208 (a) (b) (c) (d) (e) (f) (g) (h) (i) ~) (k) (I) NOTES TO ASSUMPTION OF PROJECTIONS Ad valorem Tax revenue net of any tax increase will grow at the rate of 3.5% for 2000, 3.0% in 2001 and 2% thereafter per year. Proposed 4.6% 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 rate of 3.5% per year. Building related revenues will decrease at the rate of $75,000 in 2000 and $100,000 per year thereafter. 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 4% per year. Gas Tax revenues will grow at the rate of 3.5% per year. [ Cit~/of Aventura TABLE 2 PROJECTION OF OPERATING EXPENDITURES FOR GENERAL GOVERNMENT SERVICES DEPARTMENT 1999/00 2000/01 2001/02 2002/03 2000/04 2094/09 City Commission $ 74,771 $ 75,270 $ 79,775 $ 78,311 $ 79,877 $ 81,475 Off]ce of the City Manager 459,142 489,0CO 528,120 570,370 615,999 ~65,279 1999 Debt Service 2002 Debt Service 1,360,(:~0 1,365,000 1,365,C(~0 1,365,000 1,365,0C0 1,365,000 315,000 315,000 TOTAL PROJECTED OPERATING EXPENDITURE,c $ 12,669,556 $ 13,982,460 $ 14,999,645 $ 16,061,391 $ 17,601,052 $ 18,861,649 NOTES TO ASSUMPTION OF PROJECTIONS Operating expenditures will increase by 11% in 2000101, thereafter. and 8% The following chart illustrates that half of the operating budget is committed to )roviding public safety services. Commission/Legal Office of the City Finance Support 2% Manager Services 4% 6% City Cterk 2% Community Services 22% Development 6% Public Safety 53% Cit7 of Aventura TABLE 3 RECAP OF AVAILABLE RESOURCES v~ PROPOSED APPROPRIATIONS GENERAL CAPIT,M. IMPROVEMEHT pROGRAM TOTAL PROJECTED AVAILABLE RESOURCES PROJECTED OPERATING EXPENDITURES TRANSFER TO GENERAL CAPITAL IMPROVEMENT PROGRAM BALANCE FROM PREVIOUS YEAR TOTAL AVAILABLE RESOURCES FOR CIP PAY-AS-YOU-CO PROPOSED APPROPR~TION * CIP BALANCE IN CiP - END OF YEAR 2000/01 2001/02 2002/03 2003/2004 2004/05 $17,504,303 $18,414,676 $18,063,254 $18.6~8,318 $18,~65,916 13,g82.460 14~999~645 16,061~391 17~601,052 181861.649 3.521.843 3.415.031 2,001,863 1,087.266 104,267 61097~000 519261843 61613,06g 7,020,085 712141691 9,618,843 9,341,874 8,614~932 8,107,351 7.318~958 3.692,000 2.728,805 1,594,847 692,660 1,707,000 $5,926,843 $6,613,069 $7,0201085 $7,2t?,691 $5.811,958 $20,000,000 . . Revenues "'"' 'Expenditures '"'~"Fund Balance $t8,000,000 $16,000,000 $14,000,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000, $4,000,000 $2,000,000 $0 2000101 2001102 2007J03 2003/04 2004/05 City of Aventura CAPITAL IMPROVEMENT PROGRAM LO~qG 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 Proposed 2001 Stormwater Utility Loan* $2,100,000 Projects Biscayne Lake Gardens Area Drainage Improvements NE 27~ Court, NE 29~ Place, NE 29th Court, NE 30~ Avenue NE 201 Terrace and N E; 203 Street **to be secured by Stormwater Utility Fee Proceeds Proposed 2002 General Obli.qation Bond Series** $4,500,000 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 purchase of two additional acres to be utilized as open space, recreational property on N.E. 185th Street. 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 2000/01 -2004/05 Revenues 2000/01 Park Impact Fees $500,000 Grants 500,000 Total Available Resources 1,000,000 for CIP Proposed Appropriations $1,000,000 Balance $0 L~ 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 $403,066. Major capital outlay items include new equipment ~urchases required by growth in the police department. Table 6 reflects the anticipated revenues available and the proposed appropriations for his fund for the five year period. Table 6 Recap of Available Resources and Proposed Appropriations Police Impact Fee Fund C IP 2000/01 -2004/05 ~evenues 2000/01 2001/02 2002/03 2003/04 2004/05 Police Impact Fees $152,240 $ 92,000 $67,826 $59,000 $32,000 Total Available Resources 152,240 92,000 67,826 59,000 32,000 for CIP Proposed Appropriations $152,240 $92,000 $67,826 $59,000 Balance $0 $0 $0 $0 32,000 $0 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 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 Improvemenl Program were based on a complete survey of all areas of the City conducted by the l 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 $3,125,000 worth of stormwater drainage projects will be completed during the five year period. The annual monthly rate charged to users per unit was $2.50 for 1999/00. It will increase to $2.75 beginning in 2001/02. 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 RECAP OF AVAILABLE RESOURCES vs PROPOSED APPROPRIATIONS STORI~WVATER UTILITY FUND lggg/00 2000/01 2001/02 2002/05 2003/04 2004/05 Customer Data: Projected No. of Billable ERUs (1) Month[y Rate Per ERU 30,000 30,759 31,519 32,307 33,114 33,942 $2.50 $2.50 $2.75 $2.75 $2.75 $2.75 Gross Stormwater Utility Billings (2) $900,000 Less: Uncollectibles (3) -36,000 Yields: Net Storrnwater Revenues $ 864,000 Other Revenues (4) Total Operating Revenues $ 864,000 Operating Expenses: (5) Operation & Maintenance 108,160 Administration Data Management 9,734 WASD Billing 17,846 Financial Management 10,816 Miscellaneous Iterns(GIS, NPDES Perrnit6n 27,040 To~al Operating Expenses $173,596 Available for CIP & Debt Service $690.404 $922,500 $1,040,119 $1,066,122 $1,092,775 $1,120,094 -36,900 -41,605 -42,645 -43,711 -44,804 885,600 $ 998,514 $ 1,023,477 $ 1,049,064 $ 1,075,290 0 0 0 0 0 685,600 $ 998,514 $ 1,023,477 $ 1,049,064 $ 1,075,290 10,124 10,529 10,950 11,388 11,844 18,560 19,303 20,075 20,878 21,713 11,249 11,699 12,167 12,654 13,160 28,122 29,246 30,416 31,632 32,898 $705,059 $810,751 $828,203 $845,979 $864,083 Annual Debt Service Requirements: (6) 0 0 200,000 Repayment to General Fund (7) 575,000 575000 Net Revenues After Debt Service Available for CI $115,404 $705,059 $35,751 Lean Proceeds: (8) Annual CIP Expenditures: 683.000 Cam/Over of Surplus 795,468 Annual Surplus/(Deficit): $227,872 500,000 600,000 800,000 $326,203 $245,979 $64,083 0 2,100,000 710,000 2,340,000 25,000 25,000 25,000 $227,872 $222,931 $18,682 $321,885 $542,865 $222,931 $18,682 $321,885 $542,865 $581,947 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 F er 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 2000/01, 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. 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 4 projects in the Capital Improvement Program, which total $7,577,000. 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 measure including limited access facilities. · Replace dangerous equipment and eliminate visual barriers to reduce opportunities for crime. City of Aventura I Employ vandal-resistant equipment and facilities. I Maintain a Parks Usage Plan to protect the City's investment in the park l 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. Existing 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 las 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 includes a playground and basketball court. The Huber Tract was purchased in 1998. This 3.5 acre site was one of the last remaining waterfront undeveloped parcels in the City. Formal plans for the use of the property have not been developed at this time. The City is exploring the use of this site I for a Cultural Arts Center or a park. Prior Accomplishments The following projects have been completed or are scheduled for completion as of the 1999/00 fiscal year: .[ [ Project Title Year Conceptual Design of Aventura Founders Park 1996/97 City ofAventura Design of Country Club Drive Exercise Safety Improvements 1996/97 Purchase of 5.5 acres for Aventura Founders Park Bus Shelter & Bench Replacements 1996/97 1996~97, 1999/00 Aventura Blvd 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 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 207~h 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 Biscayne Boulevard Phase II Beautification Improvements 1999/00 Aventura Boulevard Entrance Feature 1999/00 NE 185th Street & NE 28th Ave Beautification Improvements 1999/00 1997/98, 1998/99 Park Facilities/Open Space Recreation The estimated current population for the City of Aventura is 22,800. 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 62.7 acres. In calculating the number of recreation acres the city has available for use by residents, public private, golf courses and marinas am 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 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. The major park facility improvement outlined in the 2000/01 - 2004/05 relates to the improvements to existing park sites. The projects are included in the detailed project descriptions and a funding schedule that follows. (See Tables 1 and 2). City of Aventura 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 Public Recreation Areas C Countr~ Club Drive Exercise/Walking path N Huber Tract* N Waterways Park N Aventura Founders Park ACRES 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 Pdvate Recreation Areas Pdvate Recreation Sites Madna Complexes Golf Courses Pdvate Recreation Subtotal 63.81 31.81 9.40 2.35 203.17 50.79 276.18 84.95 Total Recreation Areas C = Community Park N = Neighborhood Park * = Undeveloped 297.18 105.95 Citywide Beautification Program 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 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 [~ City of Aventura project. Medians will have groundcover instead of grass, decreasing annual maintenance costs. The following areas have been completed or are scheduled for completion as of the 1999/00 fiscal year: Aventura Boulevard, Northern City Entrance, NE 207th Street, NE 183rd Street, NE 185th Street & 28th Avenue, NE 190th Street, NE 191st Street, NE 29th Avenue, NE 187th Avenue, Biscayne Boulevard and FEC Landscape Buffer (Southern entrance to Aventura Boulevard) and the Library Landscaping Project Funding Plan Funding for the proposed beautification and park facilities will be provided by the )roceeds from the following revenue sources: Total Category Budget Funding: General Fund FDOT Contributions Park Impact Fees Grant $7,577,000 $5,477,000 1,100,000 500,000 500,000 City of Aventura TABLE1 PROPOSED BEAUTIFICATION AND PARK FACILITIESIMPROVEMENTS PROJECTS SCHEDULED FOR 20C0~1-2004105 SUMMARY BY YEAR BP1 Land Purchase CM BP2 Founders Park Improvemnets CS BP3 Citywide Seeutification Improvement s CS BP4 BUS Bench/Shelter improvements CS TABLE2 PROPOSED BEAUTIFICATION AND PARK FAClLITIESIMPROVEMENTS PROJECTS SCHEDULED FOR 2000~1-200~05 FUNDING PLAN BP1 Land Purchase CM $ 2,000,C00 $ 500,000 $ 1,CO0,0CO $ 50a. O00 BPI Founders Park Jmp~ovemnets CS7 27,000 27,000 BP2 C~ty~'~de Seau~ication improvements CS8 5,025~000 3,925,000 1 ,IOO.CX~0 BP3 Bus Bench ISheRer improvement a CSS 525,000 525,0(0 Totals $ 7,577,000 $ 500,000 $ 5,477~Q00 $ 1,100,000 $ $ City of Aventura PROPOSED PROJECTS 1 - CM Park/Open Space Land Purchase 2000/01 $2,000,000 This project includes purchasing additional land (2 acres) south of the Huber Tract for park or Cultural Center purposes. 2 - CS Founders Park Improvements 2004/05 $27,000 This project consists of replacing and updating playground equipmenL 2004/05 Replace Playground equipment $27,000 3-CS Citywide Beautification Improvements 2000/01 $1,150,000 2001/02 $1,700,000 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 primary intersections, and medians will have groundcover instead of grass, decreasing annual maintenance costs. 2000/01 NE 213th Street 900,000 Aventura Boulevard North Entrance Features 250,000 2001/02 Biscayne Boulevard (7) Phase III &IV 1,700,000 2002/03 Country Club Drive 900,000 2003/04 Yacht Club Way 175,000 2004/05 William Lehman Causeway $1,100,000 4 - CS Bus Bench & Shelter Improvements City of Aventura 2000/01 $175,000 2001/02 $350,000 This project provides for the systematic replacement of bus benches, shelters, and trash receptacles within the City. To provide safe and attractive bus shelters, benches, and trash receptacles. 2000/01 Replace 4 shelters $175,000 2001/02 Replace 7 shelters, 8 benches 8 trash receptacles $350,000 City of Aventura ROADWAY, DRAINAGE AND INFRASTRUCTURE IMPROVEMENTS This section includes improvements to the City of Aventura's roadways, drainage system, sidewalks, pedestrian pathways, streetlighting and other infrastructure improvements. There are 5 improvement projects in the Capital Improvement Program, which total $4,995,000. 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. 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 29th Avenue NE 29th Place NE 3~4th Avenue NE 188th Street NE 191st 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 201st Terrace NE 205th Street NE 207th Street NE 208th Terrace NE 211th Street NE 214th Terrace NE 183ra 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 1999/00 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 N E 183ra 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 1999/00 City of Aventura NE 185th Street & NE 28th Avenue Improvements Safety Improvements - Country Club Drive 1999/00 1999/00 Proposed Road, Drainage 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 Schnars, P.A. 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 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 (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. 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. FundinR Plan Funding for the proposed roadway, drainage and infrastructure improvement projects will be provided by the following sources: Total Category Budget Fundinq: General Fund Storm Water Utility Fund $ 4,995,000 $ 1,870,000 $ 3,125,000 Tables 1 and 2 showing these improvement projects and funding schedules are followed by detailed project descriptions. City of Aventura TABLE 1 PROPOSED ROADWAY, DRAINAGE AND INFRASTRUCTURE IMPROVEMENTS PROJECTS SCHEDULED FOR 2000/01 - 2004/05 SUMMARY BY YEAR RDI1 Stormwate¢ Drainage ImprovementCS2 710,0(]0 RDI2 StJeet Lighting Improvements CS3 400,000 RDI3 Pedestrian Safety Improvements CS4 65,000 RDI4 ~dewalk Improve & Replacement CS6 20,000 RDI5 Road Resurfaciog Program CSt0 35,000 600,000 Totals $ 1,230,000 $ 3,540,000 $ 2,340,000 25,000 25.000 25,000 600,000 150,000 3,125,000 1,150t 000 65,000 20,000 635,000 25,000 $ 25,000 $ 175,000 $ 4,995,000 TABLE 2 PROPOSED ROADWAY, DRAINAGE AND INFRASTRUCTURE IMPROVEMENTS PROJECTS SCHEDULED FOR 2000/01 - 2004105 FUNDING PLAN ROll Stocrnw-ater Drainage Improvemenl CS2 3,125,000 3,125,000 RDI2 Street Lighting Improvements CS3 1,150,000 1,150,000 RDI3 Pede~rian Safet~ Improvef~enta CS4 65,000 65,000 RDI4 Sidewalk Improve & Replacement CS10 20,000 20,000 RDI5 Road Resurfacing Program CS6 635,000 635,000 Totals 5 4,995,000 $ 3,125,000 $ 1,870,000 r?. City of Aventura PROPOSED PROJECTS 1-CS Stormwater Drainage Improvements 2000/01 $710,000 2001/02 $2,340,000 2002/03 $25,000 2003/04 $25,000 2004/05 $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 outfalls 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. 2000/01 NE 30th Avenue (NE 203rd Street and NE 207th Street) $685,000 Minor Drainage Improvements 25,000 2001/02 Biscayne Lake Gardens Area Drainage Improvements NE 27th Court, NE 29th Place, NE 201 Terrace and N E 203 Street $1,265,000 NE 188th Street 1,050,000 Minor Drainage Improvements 25,000 2002/03 Minor Drainage Improvements $25,000 City of Aventura 2003/04 Minor Drainage Improvements $25,000 2004~05 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 209 Street, NE 211 Street, NE 29 Court, NE 214 Street, NE 214 Terrace $5,000,000 2-CS Street Lighting Improvements 2000/01 $400,000 2001/02 $600,000 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 provide safe, well-lighted roadways that are aesthetically pleasing. 2000/01 N.E. 213th Street $400,000 2001/02 Country Club Drive $600,000 2004/05 Yacht Club Way $150,000 3-CS Pedestrian Transportation Circulation Safety Improvements 2000/01 $65,000 The City's consulting engineers prepared a study to identify existing pedestrian facilities along Country Club Drive which were inconsistent with sound design practices and pose a safety hazard to pedestrians. The following safety improvement items were recommended for inclusion in the program: 2000/01 Provide improved signing and pedestrian push button crossings for the intersection approach and walkway crossing at North Country Club Drive and N.E. 34 Avenue as depicted on figure 13A. $65,000 4-CS Sidewalk Improvement & Replacement Program 2000/01 $20,000 City of Aventura The project consists of the construction and maintenance of concrete sidewalks to i improve the safety of pedestrians traveling throughout the City. The following locations are recommended for inclusion in the program and involve the repair of existing sidewalks unleSs noted: 2000/01 Ensenada West CCD south of Aventura Blvd El Dorado III Ensenada II Hamptons Yacht Club Drive and East CCD 5-CS Road Resurfacing Program : 2000/01 $35,000 2001/02 $600,000 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. 2000/01 NE 34th Avenue (207th to CDD) 35,000 2001/02 Country Club Drive Resurfacing $600,000 City of Aventura PUBLIC BUILDINGS AND FACILITIES IMPROVEMENTS Capital projects in this functional category include the construction of the cultural arts center. The Capital Improvement Program includes projects totaling $6,300,000. 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 conducive working areas for City employees: · 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. Existing 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 1999/00 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 Funding Plan Funding for the proposed Public Buildings Projects will be provided by the following sources: Total Category Budget Funding: 2002 Bond Issue Proceeds General Fund Private Donations Grants $6,300,000 4,500,000 300,000 1,000,000 500,000 City of Aventura Totals $ TABJ. E 2 City of Aventura PROPOSED PROJECTS 1-CM Government Center Equipment 2000/01 $300,000 This project consists of purchasing items to equip the new Government Center building. 2 - CM CulturaICenter 2000/01 $500,000 2002/03 $4,500,000 2001/02 $1,000,000 This project consists of the design and construction of a Cultural Arts Center. The proposed building would be approximately 25,000 square feet with a seating capacity upto 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. City ofAventura COMMUNICATIONS AND COMPUTERS This functional category includes improvements to the City of Aventura's communications system, data processing and the automation of certain operations by utilizing the latest technology to enhance productivity and efficiency. There are 8 projects totaling $1,508,225. 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 1999/00 fiscal year: Project Title Computer Equipment Computer Equipment Computer Equipment Computer Equipment (CM) (FSS) (cc) (PD) Computer Equipment(CD) Computer Equipment (CS) Y~.ar 1996/97, 1997/98,1998/99 1999/00 1996/97, 1997/98,1998/99 1999~00 1996/97,1998/99 1999/00 1996/97,1997/98,1998/99 1999/00 1996/97, 1997/98,1998/99 1999/00 1996/97, 1997/98, 1999/00 CC1 CC2 CC3 CC4 CC5 CC6 CC7 CC8 City of Aventura TABLE 1 PROPOSED COMMUNICATIONS AND COMPUTERS EQUIPMENT PROJECTS SCHEDULED FOR 2000/01 - 2004/05 SUMMARY BY YEAR Police Computers Syste~ns PD1 108,000 Central Ccmputer System FFS1 21.000 Radio Purchase & Re~lacemeot PD2 161.000 Computer Equipment FSS2 3.700 Computer Equipment CM2 Computer Equipment CSll 70,150 Computer Equipment CD2 16,600 Computer Equipment CC1 Totals $ 380,450 92.500 117.500 117.500 105,000 540.500 55,000 90,000 70,000 50,000 286.000 113.683 114,092 151,500 540,275 13,0(X) 4.000 4,00~ 4,000 28,700 4,000 4,000 8,000 2,500 2,500 75,150 5,000 5,000 26,600 3,000 3,000 288,683 $ 330,592 $ 349,500 $ 159,000 $ 1,508,225 TABLE 2 PROPOSED COMMUNiCATiONS AND COMPUTERS EQUIPMENT PROJECTS SCHEDULED FOR 2000t01 - 2004/05 FUNDING PLAN CC1 CC2 CC3 CC4 CC5 CC6 CC7 CC8 Police Computers Systems PD1 540,500 Central Ccmputer System FFS1 286,000 Radio Purchase & Replacement PD2 540,275 Computer Equipment FSS2 28,700 computer Equipment CM2 8,00~ Computer Equipment CSll 75,150 Computer Equipment CD2 26,600 Computer Equipment CC1 3,000 Tnta~s $ 1,508,225 100,000 $ 100,000 540,500 286.000 440.275 28,700 8,000 75,150 28,600 3,000 $1.408,225 City ofAventura PROPOSED PROJECTS 1 - PD Police Computers Systems 2000/01 $108,000 2001/02 $92,500 2002/03 $117,500 2003/04 $117,500 2003/04 $105,000 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 growth and required upgrades. 1999/00 2001/02 2002/03 2003/04 10 Desktop Computers 25,000 Upgrades 25,000 5 Mobile Laptops 55,000 Emergency Management Software 3,000 5 Desktop Computers Upgrades Replace 10 Mobile Laptops 5 Desktop Computers Upgrades Replace 10 Mobile Laptops 5 Desktop Computers Upgrades Replace 10 Mobile Laptops 12,500 25,000 55,000 12,500 50,000 55,000 12,500 50,000 55,000 2004/05 Upgrades 50,000 Replace 10 Mobile Laptops 55,000 2-FS Central ComputerSystem 2000/01 $21,000 2001/02 $55,000 2003/04 $70,000 2004/05 $50;000 2002/03 $90,000 This project consists of purchasing new and replacement computer hardware an( software for the City's general computer system, which is used by all City Departments The primary system was acquired in the 1996/97 fiscal year but requires expansion and replacement to stay current with the state of computer technology. City of Aventura 2000/01 Upgrades 21,000 2001/02 Upgrades 55,000 2002/03 Upgrades 90,000 2003/04 Upgrades 70,000 2004/05 Upgrades 50,000 3-PD Radio Purchase & Replacement 2000/01 $161,000 2001/02 $113,683 2003/04 $151,500 2002/03 $114,092 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. 2000/01 2001/02 10 900 Mhz radios $10,000 10 Handheld & 5 Mobile Radios 45,000 Satellite Emergency Management Phone 6,000 New 800 Mhz Radio System 100,000 3 Handheld & 3 Mobile Radios New 800 Mhz Radio System 13,683 100,000 2002/03 3 Handheld & 3 Mobile Radios 14,092 New 800 Mhz Radio System 100,000 2003/04 10 Handheld & 10 Mobile Radios 51,500 New 800 Mhz Radio System 100,000 4 - FSS Computer Equipment 2000/01 $3,700 2001/02 $13,000 2003/04 $4,000 2004/05 $4,000 2002/03 $4,000 This project includes the cost of equipment projected for new positions and replacement of existing equipment for the various employees of the department. City of Aventura 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 Computer Equipment 2000/01 $70,150 2001/02 $2,500 2003/04 $2,500 This project consists of purchasing and upgrading Community Services Department. 2000/01 computer equipment in the Plotter $7,000 Digital Camera 650 GIS Software 60,000 Computers 2,500 2001/02 Computers 2,500 2003/04 Computers 2,500 7-CD Computer Equipment 2000/01 $16,600 2001/02 $5,000 This project consists of computer implementation of field computers for code compliance and building inspections for the 2002/03 $5,000 upgrades, replacement printers and the $6,000 3,100 7,500 5,000 5,000 8-CC Computer Equipment Community Development Department. 2000/01 Upgrade 6 Computers 2 Form Printers 3 Laptops & Air Cards 2001/02 2 Laptops & Air. Cards 2002~03 3 Laptops & Air Cards 2001/02 $3,000 City of Aventura This project consists of upgrading and replacing computer equipment in the City Clerk's Office. 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 6 projects totaling $1,863,153. 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 period. · Purchase more economical and multi-functional vehicles. · Purchase new equipment that will increase productivity and reduce personnel and maintenance costs. · Maintain alt 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 1999/00 fiscal year: Project Title Vehicles (PD) Equipment Purchase (PD) Equipment Purchase (CC) Equipment Purchase (CM) Equipment Purchase (FSS) Equipment Purchase (CD) Equipment Purchase (CS) Year 1996/97, 1999/00 1996/97, 1999/00 1996/97, 1996/97, 1996/97, 1999/00 1996/97, 1996/97, 1997/98,1998/99 1997/98,1998/99 1997/98 1997/98 1997/98,1998/99 1999/00 1997/98,1998/99 City of Aventura Proposed Capital Equipment Purchase And Replacement Most projects outlined in the 2000/01 to 2004/05 Capital Improvement Program are either pertaining to vehicles or operational equipment. These 6 projects, worth $1,863,153 are displayed in Table 1. Detailed project descriptions and a funding schedule follow. The ClP 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. Funding Plan Funding for the proposed Capital Equipment Purchase and Replacement Projects will be provided by annual appropriations from the following sources: Total Category Budget $1,863,153 Fundinq: General Fund Police Impact Fee Fund $1,560,087 $ 3O3,O66 City of Aventura TABLE 1 PROPOSED CAPITAL EQUIPMENT PURCHASE AND REPLACEMENT PROJECTS SCHEDULED FOR 2000/01 - 2004/05 SUMMARY BY YEAR CE1 CE2 CE3 CE4 CE5 CE6 Equipment Purchase and Replacement PD4 52,240 92,000 67,826 59,000 32,000 303,066 5,000 2,000 2,000 9,000 $ 318,790 $ 382,122 $ 432.081 $ 427,160 $ 303,000 $ 1,863,153 TABLE 2 PROPOSED CAPITAL EQUIPMENT PURCHASE AND REPLACEMENT PROJECTS SCHEDULED FOR 2000/01 - 2D04105 FUNDING PLAN CE1 Vehicle Purchase & Replacements PO2 1,422,587 CE2 Equipment Purchase and Replacem e~t PD3 303,066 CE3 Equipment Purchase and R eplacern ent CS12 64,500 CE4 Equipment Purchase and Replacernent CD1 60,000 CE5 Equipment Purchase and Replacement FSS3 9.000 CE6 Equil~ment Purchase and replacement CM3 4,000 Totals $ 1,863,153 1,422,587 0 64, 500 60.000 9,0( 0 4,000 303,066 $ 1,560,087 $ 303,066 City of Aventura PROPOSED PROJECTS 1 -PD Vehicle Purchase & Replacements 2000/01 $227,550 2001/02 $270,122 2003~04 $311,660 2004/05 $271,000 2002/03 $342,255 This project consists of purchasing police vehicles to accommodate new employee additions and establish a vehicle replacement program in the Police Department. 2000/01 Replace 10 Patrol Vehicles $218,550 1 Motorized Cart 9,000 2001/02 Replace 12 Patrol Vehicles $270,122 2002/03 Replace 4-wheel Drive Vehicle 32,000 Replace Crime Scene Van 32,000 Replace 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 2 - PD Equipment Purchase and Replacement 2000/01 $52,240 2001/02 $92,000 2003/04 $59,000 2004/05 $32,000 2002~03 $67,826 This project consists of purchasing equipment for the Police Department. The following is a breakdown of the items to be replaced: 2000/01 10 Overhead light bars, Sirens & Cages 40,000 Digital Cameras 4,000 5 Tactical Rifles 8,240 2001/02 Replace 20 vests 12,000 12 Overhead light bars, Sirens & Cages 50,000 Replace Police Canine Dog & Equip. 10,000 Marine patrol engine replacement 20,000 2002/03 Replace 20 vests Replace Police Canine Dog 12,000 7,000 L~ City of Aventura 5 Handguns .3,826 10 Overhead light bars, Sirens & Cages 45,000 2003~04 10 Overhead light bars, Sirens & Cages 47,000 Replace 20 vests 12,000 2004/05 Purchase 5 handheld radar units 10,000 Marine patrol engine replacement 22,000 3 - CS Equipment Purchase and Replacement 2000/01 $16,000 2002/03 $16,000 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 purchased: 2000/01 Pickup Truck 16,000 2002/03 Pickup Truck 16,000 2003~04 Golf Cart 6,000 Utility Vehicle 26,500 4-CD Equipment Purchase and Replacement 2000/01 $18,000 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: 2000/01 Pickup Truck 18,000 2001/02 Pickup Truck 18,000 2003~04 Utility Vehicle 24,000 5 - FSS Equipment Purchase and Replacement 2000/01 $5,000 2001/02 $2,000 2002/03 $2,000 City of Aventura This project consists of purchasing office furniture for projected new employees and additions to existing furniture and equipment Department. in the Finance Support Services 2000/01 Office Furniture/Equipment 5,000 2001/02 Office Furniture/Equipment 2,000 2002/03 Office Furniture/Equipment 2,000 6 - CM Equipment Purchase and Replacement 2002/03 $4,000 This project consists of purchasing office furniture for projected new employees in the Office of the City Manager. 2002/03 Office Furniture/Equipment 4,000