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City of Coral Gables

File #: 08-0738    Version: 1 Name: Funding Agreement between the City and Miami-Dade County GOB obligation
Type: Resolution Status: Adopted
File created: 11/6/2008 In control: City Commission
On agenda: 11/18/2008 Final action: 11/18/2008
Enactment date: 11/18/2008 Enactment #: 2008-202
Title: A Resolution of the City Commission of Coral Gables authorizing the City Manager to execute a Funding Agreement between the City and Miami-Dade County for construction of the proposed General Obligation Bond (GOB) project entitled “Country Club Prado Restoration” in the amount of $750,000.00; authorizing the City Manager to contract with Miami-Dade County and third party contractors to complete said project by fiscal year 2009-10; authorizing the transfer of GOB designated funds in the amount of $750,000.00 from the category “Enhancements-Expansion of Parks and Public Plazas, Venetian Pool, Project No. 88-72237” to the aforesaid proposed GOB project; and allocating the amount of $750,000.00 from the Capital Improvement Fund to the Venetian Pool Project to restore funding to complete improvements at said facility.
Attachments: 1. Signed Resolution 2008-202.pdf, 2. Scanned GPB cover, 3. Restoration Res
Title
A Resolution of the City Commission of Coral Gables authorizing the City Manager to execute a Funding Agreement between the City and Miami-Dade County for construction of the proposed General Obligation Bond (GOB) project entitled “Country Club Prado Restoration” in the amount of $750,000.00; authorizing the City Manager to contract with Miami-Dade County and third party contractors to complete said project by fiscal year 2009-10; authorizing the transfer of GOB designated funds in the amount of $750,000.00 from the category “Enhancements-Expansion of Parks and Public Plazas, Venetian Pool, Project No. 88-72237” to the aforesaid proposed GOB project; and allocating the amount of $750,000.00 from the Capital Improvement Fund to the Venetian Pool Project to restore funding to complete improvements at said facility.
City Manager's Recommendation
That the City Commission approve the Resolution.
Brief History
On May 23, 2006, the City of Coral Gables and Miami-Dade County entered into an Agreement for funding assistance under the Building Better Communities General Obligation Bond Program for the design and construction of Venetian Pool Project, GOB Project Number 88-72237. Section 17 of said Agreement stipulates that the City shall “…not discriminate when charging facility admission fees based on where a resident resides in the County,” which conflicts with a long-standing City policy to charge a lower admission fee to City residents.

To avoid a loss in GOB financial assistance for the Enhancement and Expansion of Parks and Public Plazas, the City Administration met with County officials to fashion a remedy to this issue by redefining a funding source for the Venetian Pool Project and creating a new GOB Project entitled “County Club Prado Restoration.

The City of Coral Gables has a rich tradition of preserving historic monuments, markers and public places throughout its City and is committed to providing the necessary annual operating, maintenance and p...

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