Item Coversheet

NEW BUSINESS  17.

COMMITTEE MEMORANDUM

TO: Finance and Citywide Projects Committee Members


FROM:
Jimmy L. Morales, City Manager


DATE: February 23, 2018


SUBJECT:DISCUSSION REGARDING THE ADDITIONAL FUNDING NEEDED FOR THE PARKING ACCESS/REVENUE CONTROL SYSTEM (PARCS) EQUIPMENT FOR THE MIAMI BEACH CONVENTION CENTER GARAGE - PROJECT NUMBER 21618

HISTORY:

 

The City will be completing the construction of the new Convention Center garage in 2018 which will be managed and operated by the City.  Therefore, this garage requires the PARCS (gated) revenue control equipment which is manufactured and supported by SkiData, a worldwide leader in gated parking equipment,   in order to centralize and standardize all garage access and revenue control operations.


ANALYSIS:

The cost of the project is $771,000 for equipment and installation.  Funding is currently approved in the amount of $650,000 in the capital budget.  The request for the additional $121,000 may be included as a capital budget amendment contingent upon the recommendation of the FCWPC and subsequent approval of the Mayor and Commission.



CONCLUSION:

 

The Administration recommends the Finance and Citywide Projects Committee (FCWPC) recommend additional funds needed for the PARCS equipment needed to operate the Convention Center Garage scheduled to open later this year.