RE.8 - Budget $5m Ludlam Trail Construction

A RESOLUTION OF THE MIAMI CITY COMMISSION DIRECTING THE CITY MANAGER TO BUDGET, ALLOCATE, AND APPROPRIATE FIVE MILLION AND 00/100 DOLLARS ($5,000,000.00) IN THE CITY OF MIAMI’S FISCAL YEAR 2026-2027 OPERATING AND/OR CAPITAL BUDGETS FROM LEGALLY AVAILABLE FUNDING SOURCES, INCLUDING ANALYZING WHETHER RESERVE FUNDS ARE A LEGALLY AVAILABLE FUNDING SOURCE, FOR THE DESIGN AND CONSTRUCTION OF LUDLAM TRAIL SEGEMENTS LOCATED WITHIN CITY OF MIAMI; RATIFYING, APPROVING, AND CONFIRMING CERTAIN NECESSARY ACTIONS BY THE CITY MANAGER AND THE DESIGNATED CITY OFFICIALS TO UPDATE THE CITY’S CAPITAL PLAN AND RELEVANT FINANCIAL CONTROLS, ACCOUNTING ENTRIES, AND COMPUTER SYSTEMS, FOR PROJECT CLOSE-OUTS, GRANTS AND OTHER FUNDING SOURCES IN CONNECTION HEREWITH; FURTHER AUTHORIZING THE CITY MANAGER TO MAKE ANY CHANGES TO ADJUST, AMEND, AND APPROPRIATE THE CITY’S OPERATING BUDGET, FIVE-YEAR FINANCIAL PLAN, STRATEGIC PLAN, MULTI-YEAR CAPITAL PLAN, AND ANY OTHER NECESSARY DOCUMENTS; PROVIDING FOR AN EFFECTIVE DA...