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HomeMy WebLinkAboutLetter 5MIAM COUNTY AD'. Coordination Agenda Coordination Art In Public Plans Audit and Manapmen Services Aalation sufding Code Compliance Duihng esinasDevelopmint Capital Improramenis Citizen's Indepmdwn Transportation Tent Commanicallore Community Action ArMICY Community & kconomiet]evelopment Cerrnmun ty Relations Consumer Se viau Corrections & Rehabilitation Countywide Healthcare Planning Cultural Affairs Election Emergenoy htemge er t Employee RutiUom Enterprisslachnology Services Envbo,mend hemmer Management Fair Employment Practice§ ilnatrce Fire Rowe General Services AtiminislraUon Hlkodc Preorvation Homeless Taut HoudngARancy Housing Finance Authority Human Service§ independent Review Panel international Trade Consortium Juvenile Amassment Center Medial Examiner Metropolitan Maiming Organization i'ark and ReoesUon Planning and Zoning Police Procurement INTIPPfiVAPP*156 Public Library System Public Works Safe Neighborhood Pane Seaport Solid Wake Management Strategic swarm Management lam Metro Tonsil Urban Revitalization task Fora Vizcaya Museum and Garden; Water and Sewer Department of Environmental Resources Mana ement Water Management-DDivision 33 SW 2nd Avenue, 2nd Floor Miami, Florida 33130-1540 T 305-372-6529 F 305-372-6425 miamidade.gov February 22, 2006 Mr. Joe Arriola, City Manager City of Miami 3500 Pan American Way Miami, FL 33133 Re: Inteilocal Agreement for FEMA Funded Stormwater Drainage Projects between the City of Miami (City) and Miami -Dade County (MDC). Dear Mr. Arriola: On December 8, 2004, the -Department of Environmental Resources Management (DERM) transmitted a draft of an interiocal Agreement between the City and MDC for the FEMA Funded Stormwater Drainage Projects. Since then, this Department has completed the FEMA funded protects on the Comfort Canal at a cost Tess than originally anticipated. Therefore, attached you will find the Interlocal Agreement with the updated Current Estimated Cost and a corresponding Estimated Final Cost Share for the City of Miami. As depicted in Attachment "B" of the Agreement, the Current Estimated Cost of the Comfort Canal is $3,754,280. The Local Matching Fund (12.5%) Is $489,285. The City's Cost Share (92%) is $431,742. The 2% Management Fee is based on the City's share of the Current Estimated Cost and is $69,079, which may be included with the first annual payment or financed. The grand total Is $500,821. Additionally, the Terri of the Agreement has been set at ten (10) years, with an annual payment of $50,082 plus interest, but the Term may be shortened at the City's request. Please review the enclosed lnterlocal Agreement for FEMA Funded Stormwater Drainage Projects and provide comments within thirty (30) days. • If you have any questions please do not hesitate to contact Curt Williams or me at (305) 372-6529. Sincerely, Antonio Cotarelo, P.E., Chief Water Management Division, DERM CW attachment* CC: Curt L.A. Williams - Manager, Stormwater Utility Section, DERM Dorian Valdes, P.E. - Chief, Division of Recovery and Mitigation, DERM Stephanie Grindell — Djrector, .Public Works,: City of Miami 6.:. Y. -,