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HomeMy Public PortalAbout2001-38 Requesting Community Improvements for VKB to be financed from the Rickenbacker Toll RevenueRESOLUTION NO. 2001-38 A RESOLUTION OF THE VILLAGE OF KEY BISCAYNE, FLORIDA; AUTHORIZING THE VILLAGE MANAGER TO REQUEST CERTAIN COMMUNITY IMPROVEMENTS FOR THE VILLAGE OF KEY BISCAYNE TO BE FINANCED FROM PROCEEDS FROM THE RICKENBACKER TOLL REVENUE, DIRECTING THE VILLAGE MANAGER TO CONTINUE DISCUSSIONS WITH COUNTY OFFICIALS TO MEET WITH THE NEEDS OF THE RESIDENTS OF KEY BISCAYNE, PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, one of the goals and objectives of the Village Council of the Village of Key Biscayne is to secure supplemental funding to finance a portion of the costs of the Sanitary Sewer Construction Program, to replace a portion of the water distribution system which contains asbestos concrete water pipes, Crandon Park improvement particularly the development of playing fields, Crandon Boulevard beautification and traffic improvements and other projects which will enhance the quality of life for Miami -Dade County residents; and WHEREAS, Rickenbacker Causeway toll funds shall be available when the present bond issue debt service is paid and a new bond is issued; and WHEREAS, Resolution 2000-46 adopted August 29, 2000 authorized Dain Rauscher Inc., Financial Advisor, to assist the Village to secure outside funding along with our Village inter- governmental representatives. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF KEY BISCAYNE, FLORIDA AS FOLLOWS: Section 1. The Village Council requests the Miami -Dade County Board of County Commission is to allocate a portion of the new funding derived from the revenue generated from the Rickenbacker toll collection for County projects which benefit all county residents. Section 2. These projects shall include but not be limited to the replacement of the asbestos concrete water pipes which are part of the water distribution system located in our community, the sanitary sewer improvement project, Crandon Park enhancements and improvements including playing fields, Crandon Boulevard beautification and traffic safety improvements, and any other project suggested by the Mayor and/or Village Manager to County officials. Section 3. The Village Council hereby directs the Mayor and Village Manager to immediately take any all action necessary and expedient to implement the purpose and intent of this resolution, including, but not limited to, entering into and continuing discussions with all persons having authority over the use of the Rickenbacker Causeway funds. The Village Manager is also authorized to continue to utilize the services of the Village Attorney and any other professionals, including Village lobbyists and financial advisors who may be able to assist in accomplishing the purposes of this resolution. Section 4. This resolution shall take effect immediately upon adoption. PASSED AND ADOPTED this 8th day of May , 2001. MAYOR JOE I. RASC (6 A H. ALVAREZ, CMC, VILLAGE C APPROVED AS TO FORM AND LEGAL SUFFICIENCY: RICHARD J. WEISS, VILLAGE ATTORNEY r