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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: Q 6" o Q as -7 Date: 2/10/2006 Transp Commission Meeting Date: 3/9/2006 Requesting Department: Capital Improvements & District Impacted: All Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: FIND Grant Application -- Bicentennial Park Seawall, Phase Illa Purpose of item: To adopt the attached resolution authorizing the City Manager to submit an application for grant funding to the Florida Inland Navigation District ("FIND") Waterways Assistance Program, in an amount not to exceed $1,000,000, for Phase III a of the Bicentennial Park Shoreline Stabilization Project. The amendment includes language required by Rule 66B-2, Florida Administrative Code, for grant submittals to the Waterways Assistance Program. Background Information: The City has received grant awards from FIND for Phases I, II and III of the Bicentennial Park Shoreline Stabilization Project in the amount of $700,000, $419,670, and $1,000,000 respectively. The City is now ready to proceed with Phase IIIa - Connector of the project in order to finish restoration of the seawall at Bicentennial Park along the Intracoastal Waterway. In addition to the stabilization and restoration of the seawall, Phase III and IIIa will allow for tie-in with a public plaza and continuation of a pedestrian promenade. The estimated cost of the Project is $4,400,000 and the City will apply for funding in the amount of $1,000,000, to be matched by an equal amount of City funds from the proceeds of the second series Homeland Defense/Neighborhood Improvement Bonds previously approved by voter referendum for Capital Improvements Project No. 331418 entitled "Bicentennial Park Improvements". Budget Impact Analysis YES Is this item related to revenue? YES Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: 331418 YES Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: $1,000.000.00 CIP l� GraIf g 'OMIT n`ni Purchasing Chie Final Approvals (SIGN AND DATE) Budget Risk Management Dept. Director City Manager age 1 of 1