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W0 INDIAN RIVER COUNTY, FLORIDA BOARD MEMORANDUM TO: Jason E. Brown County Administrator THROUGH: Richard B. Szpyrka, P.E. Public Works Director FROM: James D. Gray, Jr. Natural Resources Manager SUBJECT: FDEP Grant Agreement No. 171111 Wabasso Beach Restoration Project (Sector 3) — Mitigation Reef DATE: February 1, 2018 DESCRIPTION AND CONDITIONS The Florida Department of Environmental Protection (FDEP) received FY 2016/2017 funding to assist eligible governmental entities for beach erosion control activities under the Florida Beach Management Funding Assistance Program. FDEP has issued Agreement No. 171111, committing state funds for the partial reimbursement of permit -required design and construction of a mitigation reef for the initial Sector 3 Beach and Dune Restoration Project (2010-2012). The attached agreement commits up to $1,800,000 at a cost share ratio of 50% State - 50% Local. The total local share under this agreement is $900,000 with a maximum State reimbursement of $900,000. The Agreement identifies Indian River County as the Local Sponsor, County Natural Resources Manager, James Gray as the project manager, and has an expiration date of December 31, 2021. Note: Department staff are currently reviewing the County submitted 2016 hardbottom monitoring report to assess the need for mitigation of an estimated 1.5 acres of hardbottom. The purpose of this grant agreement is to secure State cost share in the event reef mitigation is determined to be required. If mitigation is required and funds have been expended, staff will invoice the State consistent with the 171R1 grant language. FUNDING Local funding of Beach Restoration includes a portion of Local Option Tourist Tax Revenue as well as allocation of the One Cent Sales Tax. Funding for this project is available from Sector 3 Mitigation Reef Project—Account No. 12814472-066510-14007. Page 2 C:\Users\legistar\AppData\Local\Temp\BCL Technologies\easyPDF 8\@BCL@8CODA721\@BCL@8CODA721.docx 100