HomeMy WebLinkAboutsummary formDate: 12/14/2004
AGENDA ITEM SUMMARY FORM
FILE ID: O 4 O 1414
Requesting Department: Capital Improvements
Commission Meeting Date: 1/13/2005 District Impacted: 2
Type: ❑ Resolution ❑ Ordinance ® Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: Ordinance to acceptance and appropriate grant funds for Bicentennial Park Shoreline
Stabilization Phase II
Purpose of Item:
Authorization to accept and appropriate grant funds, in the amount of $419,670, to Capital
Improvement Project No. 331418, entitled "Bicentennial Park Improvements" from the Florida Inland
Navigation District (FIND) FY 2005 Waterways Assistance Program, and authorization for the City
Manager to execute the Project Agreement, in substantially the attached form.
Background Information:
On March 25, 2004 the City Commission approved R-04-0186, authorizing the City Manager to
submit an application to FIND to request grant funding through the FY 2005 Waterways Assistance
Program in an amount not to exceed $1,550,000, for the Bicentennial Park Shoreline Stabilization
Phase II Project. The resolution, R-04-0186, also approved the allocation of required matching funds
for fifty percent (50%) of the Project, in an amount not to exceed $1,550,000 from anticipated
issuance of the second series Homeland Defense/Neighborhood Improvement Bonds previously
approved by voter referendum for Capital Improvements Project No. 331418, entitled "Bicentennial
Park Improvements."
FIND has approved a reduced grant of $419,670 for Phase II, which will contribute towards the
completion of the seawall replacement along the southern edge of Bicentennial Park. Phase I of the
project also was funded, in part, by a previous FIND grant. In addition, a new seawall will be
constructed along the western and southern edges of the FEC slip which will allow for tie-in with a
public plaza and continuation of the pedestrian promenade.
Budget Impact Analysis
YES Is this item related to revenue?
NO Is this item an expenditure? If so, please identity funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
Final Annrovals
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