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Barge mobilization and project <br />construction (Revised based on <br />$78,500 <br />$19,625 <br />$37,937.50 <br />$20,937.50 <br />TSI Disaster Recovery Bid) <br />Project management, <br />engineering oversight and <br />contingencies <br />$18,000 <br />$4,500 <br />$13,500 <br />N/A <br />TOTAL <br />$144,500* <br />$26,625 <br />$58,937.50 <br />$58,937.50 <br />*$38,000 has already been spent by the HOA in obtaining FDEP and ACOE environmental permits. Design and permitting costs <br />are not covered under the FIND cost -share grant project; the total FIND grant project revised cost estimate is $106,500. <br />To date, the St. Christopher Harbor HOA has committed $54,750 in permitting and construction funds <br />toward the project. Based on the TSI Disaster Recovery bid cost revisions, the HOA's 50% share with <br />the County of the costs not covered by the FIND grant is estimated at $58,937.50, resulting in a shortfall <br />of $4,187.50 that the HOA has yet to commit. <br />When St. Christopher Harbor HOA president Anna Garramone appeared before the Board at the August <br />19, 2014 meeting, she indicated that any level of additional HOA funding (beyond the $54,750) was <br />questionable and may or may not be approved by the 14 -member HOA. <br />At the August 19 meeting, the Board approved expending up to $72,625 in Florida Boating Improvement <br />Funds toward the project. If the Board chooses to "absorb" the HOA's $4,187.50 shortfall and add it to <br />the revised County share under the TSI Disaster Recovery bid, the County cost -share of the overall <br />project would be $63,125 (i.e., $58,937.50 + $4,187.50 = $63,125), an amount $9,500 Less than what the <br />Board previously approved toward the project. Staff's position is that the project has enough overall <br />public benefits to justify the County's absorption of the $4,187.50 HOA 50% share shortfall. <br />FIND Project Agreement <br />The FIND Project Agreement is a two-year grant that requires project completion by September 1, 2016, <br />with an opportunity for a one-year extension subject to FIND approval. As currently written, the FIND <br />grant is for 25% of project costs, not to exceed $35,750. The $35,750 cap is based on 25% of the <br />previous (higher) cost estimate for the project at the time of the grant application. Instead of revising the <br />FIND Project Agreement cost estimate downward to reflect the TSI Disaster Recovery bid, staff <br />recommends that the Project Agreement cost estimate remain as is so as not to unnecessarily lower the <br />$35,750 cap. <br />Funding <br />Since the proposed project would result in boating improvements, the County's Florida Boating <br />Improvement Fund was previously identified as the County's appropriate funding source for the project. <br />The Boating Improvement Fund is still the appropriate funding source for the (revised) estimated <br />$63,125 cost -share match (an amount inclusive of the estimated $4,187.50 HOA 50% shortfall). <br />RECOMMENDATION <br />Staff recommends that the Board of County Commissioners: <br />1. Authorize staff to negotiate a contract with TSI Disaster Recovery, LLC to conduct the Head <br />Island channel restoration work based on the bid price of $78,500; and <br />3 <br />130 <br />