Laserfiche WebLink
INDIAN RIVER COUNTY, FLORIDA <br />MEMORANDUM <br />CONSENT <br />TO: Jason E. Brown, County Administrator <br />THROUGH: Richard B. Szpyrka, P.E.; Public Works Director <br />FROM: James W. Ennis, P.E., PMP, Assistant Public Works Director <br />SUBJECT: FDOT Transportation Regional Incentive Program (TRIP) Supplemental Agreement <br />No. 1 for Project No. IRC -1505, FM No. 436379-1-54-01;436379-1-54-02 <br />DATE: March 11, 2020 <br />DESCRIPTION AND CONDITIONS <br />On May 7, 2019 the Board of County Commissioners approved Resolution No. 2019-034 and a <br />Transportation Regional Incentive Program (TRIP) Agreement with the Florida Department of <br />Transportation (FDOT) for the widening of 66th Avenue from a two-lane to a four -lane divided highway from <br />49th Street to 69th Street as well as for Construction Engineering Inspection (CEI) services with an estimated <br />cost of the project of $36,700,692.00. The FDOTTRIP grant amount approved was for $4,747,018.00 with <br />the County's cost share to be $31,953,674.00 and the agreement was executed by the FDOT on May 22, <br />2019. <br />The FDOT has requested Indian River County execute and deliver to the FDOT TRIP Supplemental <br />Agreement No. 1 to increase the grant amount by $8,500,000.00 to a new total of $13,247,018.00 for <br />construction and CEI costs, as well as a Resolution authorizing the Board of County Commissioner's to <br />execute FDOT TRIP Supplemental Agreement No. 1. This would decrease the County's cost share to <br />$23,453,674.00. <br />FUNDING <br />Funding for the County's cost share in the amount of $23,453,674.00 will be funded over several years with <br />Optional Sales Tax/ /66th Avenue (49th Street to 69th Street) Account No. 31521441-066510-07806. The <br />County currently has $31,608,567.00 budgeted in the approved 5 year. Capital Improvement Element. <br />RECOMMENDATION <br />Staff recommends the Board of County Commissioners approve FDOTTRIP Supplemental Agreement No. 1 <br />increasing the FDOT grant amount by $8,500,000, and Resolution and authorize the Chairman to execute <br />the same. <br />ATTACHMENTS <br />1. Indian River County Grant Form <br />2. Authorizing Resolution <br />3. FDOTTRIP Supplemental Agreement No. 1 FM No. 436379-1-54-01 & 436379-1-54-02 <br />APPROVED AGENDA ITEM FOR APRIL 7, 2020 <br />66 <br />