98-057 RESOLUTION NO. 98-57
A RESOLUTON OF THE CITY COMMISSION OF THE
CITY OF /~VENTURA, FLORIDA, ACCEPTING AND
ADOPTING IN PRINCIPLE, SUBJECT TO ANNUAL
REVISION [ND AUTHORIZATION, THE CITY OF
AVENTURA CAPITAL IMPROVEMENT PROGRAM
DOCUMENT FOR FISCAL YEAR 1998/99 TO 2002/03;
AUTHORIZIN~G THE CITY MANAGER TO DO ALL THINGS
NECESSARYI TO CARRY OUT THE AIMS OF THIS
RESOLUTIOII; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the C~ ~ital Improvement Program document for fiscal years
1998/99 to 2002/03, attac sd hereto was presented and recommended to the City
Commission of the City Aventura by the City Manager as a long term plan of
proposed capital expendi' 'es, the means and methods of financing the projects and
an action plan for the impl6 mentation of the projects; and
WHEREAS, the Ci.y Commission recognizes the need to adopt a Capital
Improvement Program to address Beautification and Parks, Roads, Drainage and
Infrastructure Improvemerts, Public Buildings and Facilities, Communications and
Computers and Capital E:luipment Purchase and Replacement which represents a
commitment by the comm Jnity toward achievement and maintenance of a desirable
high quality of life for all re ~idents; and
WHEREAS, the Ci! Commission recognizes the need to formulate a Capital
Improvement Program whi adopts a sound financing plan that includes both pay-as-
you-go and bond financin , The proposed Capital Improvement Program document for
fiscal years 1998/99 to 2~ 02103 reflects the need to issue aproximately $19.3 million
dollars in debt, not includi lg bond financing costs and reserves, to fund several of the
Resolution No. 98-57
Page 2
projects included in the pl~ n. The City Commission pledges that during their current
term of office, they will ~t take action to increase ad valorem taxes to support
additonal debt service re( ~irements other than what is provided for in the proposed
Capital Improvement Prog im document or required by the City's Comprehensive Plan
or such other County or St ~te 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 terests be jeopardized or the City's ability to react to
unforeseen emergencies provide services to the community be limited in order to
avoid additional debt or ta lcreases.
WHEREAS, in the ~nt operating expenditures increase at a higher level than
expected, or unanticipate( ;vents reduce key revenue sources, on an annual basis the
City Commission will ende vor to reprioritize projects or revise the schedules in order
to eliminate the need for ad valorem tax rate increases during the next four years
(1998-2002). However, ir no event shall the public's health, safety, welfare or best
interests be jeopardized the City's ability to react to unforeseen emergencies or
provide services to the co nunity be limited in order to avoid tax increases.
WHEREAS, the City Commission has reviewed the Capital Improvement
Program document at a ~lic meeting of the City Commission and wishes to adopt
said document in concep1
NOW, THEREFORI BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF AVENTURA, FL* RIDA, THAT:
Resolution No. 98-57
Page 3
Section 1. The Ci:y Commission of the City of Aventura hereby accepts and
adopts in principle, subject to annual revisions and authorization, the City of Aventura
Capital Improvement Program document for fiscal years 1998/99 to 2002~03 attached
hereto and incorporated he rein as specifically as if set at length herein.
Section 2. The Ci ~, Manager of the City of Aventura, Florida be and the same
is hereby authorized to do 311 things necessary and expedient in order to carry out the
aims of this Resolution.
Section 3. This R,~solution shall take effect immediately upon adoption.
PASSED AND AD~ ~PTED by the City Commission of the City of Aventura,
Florida this 7th day of July, 1998.
ARTHUR I. SNYD R; MAYOR
TERESA M. SMIYH, CMC
CITY CLERK
APPROVED AS TO LEG,~ SUFFICIENCY:
CIT~'~ORNEY ~'
EMS/tms
Mayor Arthur I. Snyder
Vice Mayor Ken Cohen
Commissioner Arthur Berger
Commissioner Jay R. Beskin
Commissioner Harry Holzberg
Commissioner Jeffrey M. Psrlow
Commissioner Patricia Rogers-Libert
CITY MANAGER
Eric M. Soroka
DEPARTMENT DIRECTORS
W~ ss Serota Helfman Pastoriza & Guedes, P.A., City Attorney
Harry M. Kilgore, Finance Support Services
Robert M. Sherman, Community Services
Teresa M. Smith, City Clerk
Thomas Ribel, Police Chief
Brenda Kelley, Community Development
CIP IN BRIEF
1998 - 2003
This document has been prel; ~red by the City of Aventura to provide important information to the public.
This briefing is a summal rzed version of the 1998-2003 Capital Improvement Program document.
This document represent.' the first update of the ClP that was originally prepared for the
five year cycle of 1997 to 2002. It is important to note that the CIP is a planning tool to
evaluate infrastructure ne ~=ds of the City as well as the financial capabilities of the City.
The update process is ~nportant for the CIP to become a continuing and ongoing
planning/implementation process. The last four years of last year's program was
reevaluated in light of un nticipated needs, cost revisions, new project priorities and the
financial ability of the Cit~. In addition, the CIP was updated to add new projects in the
fifth year (2002/03) to cot ~plete the cycle. Projects included within the framework of the
program were based on input from Commissioners, staff, City consultants and citizen
surveys.
The primary goal of the (;apital Improvement Program is to develop a long - term plan
of proposed capital expe~ditures, the means and methods of financing, and a schedule
of priorities for impleme~tation. The program forms the foundation for governmental
participation in the development process and represents a commitment by the
community toward the ac lievement and maintenance of a desirable high quality of life.
Major emphasis was pla¢ ed on the following projects:
· Stormwater Draina~ 9 Improvements $4,875,000
· Government Center Police Station & Cultural Facility $10,500,000
· Citywide Beautificat on Improvements $7,423,800
· Road & Safety Impr ~vements $2,904,000
· Park/Open space L~ ~nd Purchase $2,700,000
It is significant to note ti~at the funding plan has little financial impact on residents and
the community. The prol: 9sed funding plan supports the City Commission's commitment
not to increase the cun ent Ad Valorem tax rate for the next four years, unless an
unforeseen emergency ccurs or the public's health, safety welfare or best interests are
jeopardized..
With the implementatio of the CIP the City Commission can continue to fulfill its long
term goal of creating th~; signature,, of the City and establishing its reputation as" the
most beautiful City in So Jth Florida
CIP In Brief
The proposed 1998 - Capital Improvement Program includes 25 projects in 5
functional categories with; total value of $30,650,892. The following represents the
percentage of total fundi ~g that each functional category has been allocated:
Beautification & Parks Faclities (33%), Public Buildings and Facilities improvements
(34%), Roadway, Drainage and infrastructure Improvements (25%), Capital Equipment
Purchase and Replacemenl (5%) and Communications and Computers (3%).
The following table preset ts 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 Capit; ~1 Improvement Program.
Capital Improvement Program
1998/99-2002/03
Summary By Function
~ 1998199 1990/00 2000/01 2001102 2007J03 TOTAL
Program ~
Beautification & Parks Facilities 5,617,000 $ 923,600 $ t,114,800 $1,568,400 $ 900,000 $ 10,123,800
Roadway, Drainage & 2,205,000 355,000 3,119,999 1,676,000 425,000 7,779,000
Infrastructure
Public Buildings & Facilities 10,500,000 0 0 0 0 10,500,000
Communications & Computers 145,500 116,584 166,883 194,092 229,000 852,059
550,000 81,014 288,281 359,625 466,799 t,396,033
Capital Equipment
Totals ~ 18,667,844 $ t,476,198 $ 4,688,964 $ 3,797,117 $ 2,020,769 $ 30,650,892
Public Buildings
34%
Communications & Computers
3%
Capital Equipment
$%
Beautification, =arks
33% Roadway, Drainage & Infrastructure
2S%
CIP In Brief 2
The following outlines the major projects by location and the year they are proposed to
be funded:
Capital Improvement Program
1 g98/99-2002/03
Summary By Location
Beautification Road Street Drainage Exercise Sidewalk Safety
Location Improvements Improve Lighting Improve Path Repairs Improve
NE 190 Street t 998~99 1998/99
NE 34 Avenue & Yacht Club Drive t999100 2000101
NE 185 Street 1998199 t998199 1998/99 1998/99
NE 191 StreetJNE 296, Avenue 1998199
NE 286, Avenue 1998199
FEC Landscape Buffer t998-2000
Biscayne Boulevard (4) Phase I 1998/99
Biscayne Boulevard (816) Phase II 1999/00
Biscayne Boulevard (7) Phase III 2000101
Biscayne Boulevard (7) Phase IV 2001102
Entrance Features 2001102
NE 34th Avenue 2000101 200010~ 2000/01 2000101
NE 213~h Street 2002/03 2002/03
Biscayne Lake Gardens Area 1999100
NE 188th Street 200tl02
Country Club Drive Later 2001102 2000101 1998199 1999.2001 1998/99
Library/Mall Entrance 1998199
Government 1998/99
The following represents the significant revisions or modifications to the proposed ClP
compared to the prior do( ~ment submitted for the period of 1997 -2002:
· Purchase of park 2en space land -$2,700,000
· N.E. 213th Street beautification and street lighting -$1,300,000
· Sidewalk improv,,~ments and replacement program - $99,000
· Revised cost est mate for Government Center, Police Station & Cultural Facility
-$2,5OO,OOO
· Entrance features- $500,000
· Reevaluation of ~edestrian Circulation Safety improvements - $130,000
· Revised cost es[imate for ground lighting along Country Club Drive Exercise
Trail - $150,000
· Inclusion of new revenue source, Interim Service Fees - $525,000
· Reduction of St¢ rmwater Utility Revenue Bond amount-S3,000,000
CIP In Brief
3
· The proposed fundir,g p~an supports the City Commission's commitment not to
increase the current ~roperty tax rate for the next four years,
· Utilizes a stormwat,;r utility program to correct and improve drainage along
roadways for certain areas of the City. A total of $4,875,000 worth of
improvements will b~ completed during the five year period.
· Additional park/opel space land is proposed to be purchased to provide
recreational opportu ~ities to City residents..
· A total of $7,425,8(~ 0 of Citywide beautification improvements including median
landscaping, lighting, and signage is funded to continue to fulfill our goal of being
the most beautiful £ ity in South Florida. Major improvements include; the entire
length of Biscayne 3oulevard, NE 190 Street, NE 185th Street, NE 213 Street
and FEC railroad la~dscape buffer south of Lehman Causeway.
· Funding has been p~ovided to insta decorative street light fixtures that will
complement the ci~ys beautification improvements and provide well lighted
roadways. Areas i~duded are NE 185th Street, NE 28th Avenue, NE 213th
Street, NE 190 Stre.~t, NE 34th Avenue and Country Club Drive.
· Major safety and ~i~. hting improvements will be made along the exercise/walking
path located aroun( Country Club Drive. -
· The systematic rep lacement of bus benches, shelters and trash receptacles will
continue to be mad ~ over the next five years.
· Road improvement, to enhance traffic flow and safety are included for NE 213th
Street, NE 185th treet, NE 34th Avenue, NE 28th Avenue and Country Club
Drive.
· Construction of permanent Government Center to house all city offices,
including the Polic~ department and cultural center is expected to begin this year.
· Provides the nec,,~ssary equipment to continue to provide high quality and
effective police s~;rvices and ensures that the tools of production, vehicles,
equipment and tee nnology, are available for city operations.
· Implements a side ~valk improvement and replacement program.
· Continues the implementation of technology improvements and management
information syster Is to enhance the productivity and efficiency of city operations.
ClP In Brief 4
The following represents 1 overview of the major points of the recommended funding
plan:
1. Utilize "pay - as - - go" financing through annual appropriations to fund
$17,650,892 of the total five year amount of $30,650,892.
2. Issue long term revenJe bond debt in the amount of $18,250,000 to finance the
purchase of the park s te, government center/police station and cultural center. The
annual debt service pa ment of $1,450,00 will be paid from Utility Tax proceeds.
3. Issue long term revere bond for Stormwater drainage improvements in an amount
that generates $2,500 000. The annual debt service of $250,000 will be paid from
the proceeds of the St( ,rmwater Utility fees.
4. No increase in the ad alorem tax rate is proposed over the five year plan.
5. Financing plan assu~ ~es the City will receive $1,250,000 per year from FPL
franchise fees from Da :le County beginning in fiscal year 1998/99.
6. Utilize funding from FI, rida Department of Transportation in the amount $1,900,000
to supplement the Cit , Beatification plans on Biscayne Blvd.
7. Utilize funding from ~act fees (Police Impact Fee Fund), grants and developer
contributions in the a~ ,unt of $2,387,591 to assist in the funding of land purchases,
drainage, beautiflcatio plans and police equipment.
The proposed funding plainvolves a commitment to annual appropriations established
in yearly budgets and Io~ term financing for major projects that are contained in the
Capital Improvement Pro ram Long Term F nancing Action Plan. After evaluating the
nature of the various ~rojects that are included n the City's General Capital
was decided that both pay-as-you-go and bond financing
Improvement Program, i
would be most appropria! ~ for funding the program.
Pay-As-You-Go
It has been determined ~at those projects outlined in the five year program but not
included in the Long Terr Financing Action Plan will be financed under a pay-as-you-go
methodology in that the represent a large number of relatively small dollar recurring
projects.
Bond Financi_~_g
It has been determined that those projects as shown on the Long Term Financing
Action Plan will be fina ~ced through the issuance of revenue bonds This financing
methodology works well with a small number of relatively large dollar value non
recurring projects which generally will exist to benefit the current and future resident
during the life
CIP In Brief
The following tabte reflects t ~e 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. Capital improvement Program
1998/99-2002/03
Summary By Funding Source
~ ---~9;oo~
~ ~ )8199
Funding Source 3,00-~'~ ~ t,666,614 ',~ '
General ~4,844 22,969 5t~73t 55,503 102,544 387,59t
Police impact Fees r5,000 25,000 2,525,000 1,075,000 25,000 4,625,000
1,350,000
Stormwatsr Utility I 50,000 0 0 0 10,500,000
GrantS 10,.~ D0,000 1,000,000 0 1,965,000
Revenue E~ond 65,000 300,000 t00,000 0 650,000
0
FDOT ~ $ 2,020,7695 30,650,892
Oeveloper Contribution _ .. ~76.t98 $ ,~,ooo,~ - .
..... $ t8 i67,844 = ',"- '
~e five year
The
plan to be 1998 Revenue?_o~n~d. Sedes*
$16,Suu,uuu
Police Station & Cultural
Park Site purchase, Gore ~ment Center Site purchase, Government Center,
Center
*to be secured by Utility '~ : proceeds
~~ne~ue Bond Sedes**
~ $2,500,0ou""
NE 29th p~ace, NE 29t~ Court, NE
Bi~ayne Lake Gardens Area Drainage improvements, NE 27t~ Court,
30 Avenue, NE 201 Tee'race and N. E. 203 Street
**to be secured by Sion
6
This chart provides an of the fundir'g plan for the General Fund including
projected revenues and )enditures over the next five years.
RECAP OF ,VAILABLE R~SOURCES vs PROPOSED APPROPRIATIONS
GENERAL CAP!TAL IMPROVEMENT PROGRAM
1998/99 1999/00 2000/01 2001/02 2002/03
TOTAL PROJECTED AVAILABLE F =SOURCES $!~,915,91~5 $15,715,021 $15,937,974 $15,620,046 $15,883,688
PROJECTED OPERATING EXPEN ~ITURES 11,346,268 12,134,250 13,002,434 13,924,839 14,924,254
TRANSFER TO GENERAL CAPITA IMPROVEMENT
PROGRAM 3,569,649 3,580,771 2,935,540 1,695,207 959,434
BALANCE FROM PREVIOUS YEAF 3,248,000 2,344,649 4,797,191 5,720,498 5,749,091
TOTAL AVAILABLE RESOURCES I )R CIP 6,817,649 5,925,420 7,732,731 7,415,705 6,708,524
pAY~AS-YOU-GO PROPOSED APF ROPRIATION - CIF 4,473,000 1,128,229 2,012,233 1,666,614 1,893,225
BALANCE IN CIP - END OF YEAR $2,344,6~9 $4,797,191 $5,720,,L98 $5,749,091 $4,815,2~9
The City's fund balance rows and the City's finances remain strong and healthy over
the five year period.
--Leg"endFund Balance
$12,000,000 .*.. ~ -
--- -- Revenues
-- Expenditures
$1o,00o,o00
...... ClP
$8,O00,OO0
$6,000,000 ~
$4,000,000 *. ~
$2,000,000 *"'~"-.o...~ . . . · -- ---- .................
,
$0
t998199 1999100 2000101 2001102 2002103
ClP In Brief
7
The following projects ar,; scheduled for the fiscal year beginning October 1,1998 and
ending September 30,19(` ~9:
Project Amount
Park/Open Sp ~ce Land Purchase $2,700,000
Country Club E rive ExerciseNValking Path 300,000
Improvements
Citywide Beaut fication Improvements: 2,475,000
NE 190 Stree'
NE 185 Stree~
Biscayne Bou evard (4) Phase I
FEC Landsca )e Buffer
Replace 3 shel' ers, 7 benches & trash receptacles 142,000
NE 185th Streel and NE 28th Avenue Improvements 400,000
Pedestrian Tra~lsportation Circulation Safety 240,000
Improvements.- Country Club Drive
Drainage Impr¢ vements: 1,225,000
NE 185th Stre~ ;t and NE 28th
NE 191 st Stre et NE 29th Avenue
Street Lighting Improvements: 290,000
NE 185th Stre, ;t and NE 28th
N. E. 190th Stl eet
Sidewalk Impr¢ vements - 29th Place and Aventura 50,000
Bird
Government C, ;nter & Police Station Construction 10,500,000
Computers & £ ommunications: 145,500
Mobile Laptop s, Handheld Radios, Mobile Radios,
Information tv anagement System, and Computers.
Capital Equip~r ent 200,344
Total Capital P 'ojects Expenditures $18,667,844
ClP In Brief
8
Over $30,650,892 worth of improvements will be completed over the next five years
without a tax increase. Th ~ CIP fulfills one of the main goals of incorporation - providing
better service to the con ~munity while utilizing revenues generated within the City to
fund needed Citywide irc provements. Thus the residents of the City of Aventura can
control their own destiny.
The City of Aventura h~s the lowest tax rate in Dade County. The following table
compares the tax rates of the cities located in Dade County:
City Millage
Aventura 2.2270
Pinecrest 2.2770
UMSA 2.6830
Virginia Garde rts 3.2950
Bal Harbour 3.3300
Sweet Water 3.5316
Key Biscayne 3.6060
Bal Harbour I,· land 4.8627
Coral Gables 5.5090
North Bay Viii; ~ge 5.5130
Surfside 5.6030
Miami Spring"- 6.9500
South Miami 6.8000
Flodda City 7,1330
El Portal 7.7000
Hialeah Gard( ns 7.7800
Medley 7.9230
7.9840
Hialeah 8.1780
Biscayne Pad 8.4950
West Miami 8.6816
Homestead 8.6881
North Miami E ;ach 8.7377
Golden Beac[ 8.7400
Miami Shores 9.1520
North Miami 9.8000
Opa Locka 9.8900
Islandia
Indian Creek 9.9600
Miami Beach 10,1760
Miami 12.0195
CIP In Brief 9
o~'E~¢¢
CIP in Brief