HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID: 05- 0 l as S
Date: 10/20/2005 Requesting Department: Cap Impvts & TranViort
Commission Meeting Date: 11/17/2005 District Impacted: 2, All
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ['Discussion Item
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Subject: Grant for Florida Inland Navigation District for Bicentennial Park Shoreline Stabilization -
Phase III
Purpose of Item:
Accept $1,000,000 Grant for Florida Inland Navigation District and authorize the City Manager to
execute a grant agreement for Bicentennial Park Shoreline Stabilization - Phase III, Project B-30310
Background Information:
Earlier this year, the City Commission authorized the City Manager to submit an application for grant
funds to FIND under its Waterways Assistance Program referenced project, This is the final phase of the
project and will complete the restoration of the seawall along the former FEC slip, and provides
shoreline stabilization and a tie-in to a future public plaza and the continuation of a pedestrian
promenade. FIND had previously awarded funds for Phases I and II of the project, in the amounts of
$700,000 and $419,670 respectively. The attached grant agreement details the responsibilities of the
City for the implementation of the project and maintenance of the completed improvement. Funds for
the required 50% match are available from CIP Project # 331418
Budget Impact Analysis
YES Is this item related to revenue?
NO Is this item an expenditure? If so, please identify 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: $2,000,000
Maintenance Cost:
Total Fiscal Impact: $2,000,000
CIP L ✓tom
Ifusing or
Grants
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Final Approvals
(SIGN AND DATE)
Budget 110
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