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RESOLUTION ALLOCATING $956,000.00 OF SAFE NEIGHBORHOOD PARKS DISCRETIONARY INTEREST EARNINGS, RECAPTURED FUNDS, PRE-AGREEMENT LAND ACQUISITION FUNDS, AND UNSPENT BOND PROCEEDS TO THE PARKS, RECREATION AND OPEN SPACES DEPARTMENT FOR VARIOUS AQUATIC CENTERS AND POOLS AND AUTHORIZING THE COUNTY MAYOR OR THE COUNTY MAYOR�S DESIGNEE TO EXECUTE A RELATED GRANT AGREEMENT

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WHEREAS, this Board desires to accomplish the purposes outlined in the accompanying memorandum, a copy of which is incorporated herein by reference; and
WHEREAS, a review of the Safe Neighborhood Parks Program has been performed; and
WHEREAS, this review has resulted in an identification of discretionary interest earnings, recaptured funds, pre-agreement land acquisition funds, and unspent bond proceeds; and
WHEREAS, one of the top priorities of the County Mayor is to place back into operation the aquatic centers and pools identified by Parks, Recreation and Open Spaces Department and fund the necessary capital improvements; and
WHEREAS, it is necessary to allocate the Safe Neighborhood Parks funds to the Parks, Recreation and Open Spaces Department for the funding of specific aquatic centers and pools,

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MIAMI-DADE COUNTY, FLORIDA, that this Board allocates $956,000.00 of Safe Neighborhood Parks discretionary interest earnings, recaptured funds, pre-agreement land acquisition funds, and unspent bond proceeds to the Parks, Recreation and Open Spaces Department and authorizes the County Mayor or County Mayor�s designee to execute a grant agreement for the necessary capital improvements at the aquatic centers and pools identified in Attachment 1. The Board further authorizes the County Mayor or the County Mayor�s designee to exercise any necessary amendments, modifications, renewal, cancellation, and termination provisions of such grant agreement.

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Date:

To: Honorable Chairwoman Rebeca Sosa
and Members, Board of County Commissioners

From: Carlos A. Gimenez
Mayor

Subject: Resolution Awarding Funds from the Safe Neighborhood Parks Program

STAFF RECOMMENDATION
RECOMMENDATION
It is recommended that the Board of County Commissioners (Board) approve the attached resolution, allocating $956,000 in Safe Neighborhood Parks (SNP) funds to the Parks, Recreation and Open Spaces Department (PROS) for the completion of capital improvements necessary for specific aquatic centers and pools, and authorizing the execution of a grant agreement for these projects.

These funds consist of unspent bond proceeds, discretionary interest earnings, pre-agreement land acquisition funds, and any recaptured funds from previously issued SNP bond series where the original grantees did not fully expend the SNP allocation.

SCOPE
The scope of this agenda item reflects an allocation of $956,000 in SNP funding for specific County aquatic centers and pools (Attachment 1) located in Commission District 2, Commissioner Jean Monestime; Commission District 3, Commissioner Audrey M. Edmonson; Commission District 10, Senator Javier D. Souto; and Commission District 11, Commissioner Juan C. Zapata.

FISCAL IMPACT/FUNDING SOURCE
This item allocates $956,000 in SNP funding to PROS for specific County aquatic centers and pools for completion of improvements as detailed below:

Aquatic Center/Pool Name Amount District Arcola Pool $ 71,000 2 Marva Y. Bannerman Pool 550,000 3 Rockway Pool 180,000 10 Tamiami Pool 155,000 11 Total $ 956,000 �
TRACK RECORD/MONITOR
PROS will implement the projects and the Office of Management and Budget (OMB) will monitor the projects.

DELEGATION OF AUTHORITY
There is no additional delegation of authority related to this item.

MANAGER'S BACKGROUND
BACKGROUND
The SNP Bond Program (Program) was created in 1996 under Ordinance No. 96-115. The Program, funded by a series of periodic bond sales, provided $200 million in general obligation bonds for parks capital improvement program. Pursuant to Ordinance No. 10-79, the SNP Citizens� Oversight Committee (Committee) was dissolved and all of the Committee�s administrative duties were transferred to the County Mayor or County Mayor�s designee. In addition, Ordinance No. 10-79 states that only the Board has the authority to award any unspent funds.
As part of one of this administration�s priorities, PROS was tasked to identify specific aquatic centers and pools that could be placed back into operation with minimal financial impacts. As the SNP Program has drawn to a close, OMB has performed a thorough review of the projects completed with SNP funding which has resulted in the amount being allocated to PROS. The majority of these funds stem from various projects that realized a cost savings as the projects were completed.
The Committee, as part of its directive when dissolved, recommended that any unspent funds be used to pay down any outstanding debt. The allocation of the funding to PROS will enable the community to receive the direct service benefits, which outweighs the very small savings generated by applying this amount of funding to reduce outstanding debt. Any remaining SNP funds need to be reserved for arbitrage and pending commitments of funding to the City of South Miami for its community pool project, although there remain a small number of active contracts and commitments that must be monitored and closed-out.

Attachments



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Edward Marquez
Deputy Mayor