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Page 2 <br />BCC Agenda Item <br />September 12, 2017 <br />FUNDING <br />Local funding of Beach Restoration includes a portion of Local Option Tourist Tax Revenue as well <br />as allocation of the One Cent Sales Tax. Funding for the release of retainage will be provided <br />from three (3) separate retainage accounts. <br />Task 1: Summer 2016 Sector 3 Beach and Dune Restoration Project Post Construction Monitoring <br />Survey (R -20-R-60) <br />The total amount of retainage withheld is $2,255, Account No. 128-206002-05054. <br />Task 2: Summer 2016 Sector 7 Post Construction Monitoring (R -97-R-108) <br />The total amount of retainage withheld is $660, Account No. 128-206002-05079. <br />Task 3: Summer 2016 Countywide Beach Monitoring (R-61 — R-96 and R -109-R-119) <br />The total amount of retainage withheld is $2,585, Account No. 128-206002-01024. <br />RECOMMENDATION <br />Staff recommends the Board approve the release of all withheld retainage under Work Order <br />No. 3 in the amount of $5,500. <br />ATTACHMENT <br />Morgan and Eklund, Inc. Invoice No. 1-17-1878, dated August 8, 2017. <br />APPROVED AGENDA ITEM FOR: SEPTEMBER 12, 2017 <br />C:\Users\legistar\AppData\Local\Temp\BCL Technologies\easyPDF 8\@BCL n 1426BEB9\@BCL@1426BEB9.docx <br />P233 <br />