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(Continued — Page 2) <br />When we met back in December, the estimate was around $400,000. However, now with the <br />requirements to use proven technology that eliminates upwards of 80+% of nitrogen and <br />phosphorus, the costs have increased to around $1.25 million. Interestingly, Mrs. Adams has <br />indicated that the funding could increase based on the project's affiliation with resident access to <br />evacuation routes (a Transportation project) in the event of an evacuation order. The required local <br />match for the proposed project is $625,000. To equally share this expense, it would be a cost of <br />$312,500 each on the part of the Town and the County. If the project was chosen to be funded, a <br />state contract would likely be released in January 2018. The project would then go to bid in March <br />2018. Ultimately, neither the County or the Town are under any obligation to accept any <br />funding for this project. <br />We hope that the Commission recognizes this valuable opportunity to participate in this joint effort <br />to properly repair Old Winter Beach Road and the surrounding storm water drainage once and for <br />all. The Town Council would appreciate the Commission's discussion on this proposal and a <br />response from you indicating your position on this matter. <br />Respectfully, <br />Robert H. Stabe, Jr. <br />Town Manager <br />Town of Indian River Shores <br />cc: Jason Brown, County Administrator <br />Dylan Reingold, County Attorney <br />Michael Symkowski, Director of Management & Budget <br />Rich Szpyrka, Public Works Director <br />Internal (Town Council, Attorney, Treasurer) <br />P51 <br />