02/02/2021 - Laserfiche WebLink

Home Browse Search

Sector 3, Phase 1 Beach and Dune Restoration Project (IRC -1925) Extent of Additional Erosion Observed Since Summer 2020 February 2, 2021 BCC Meeting funding will be available for this increase in costs. This will increase the County's local match to $8,247,823. Staff does have concerns regarding the ability of the Beach Restoration Fund being able to financially sustain the costs of the ever-increasing beach projects moving forward. As presented in the FY 20/21 approved budget, a temporary inter -fund loan will likely be necessary to provide adequate funding to the Beach Restoration Fund due to the lag time in receiving FEMA and grant reimbursement. Account Name Account Number Budgeted Amount Sector 3 Beach and Dune Restoration Fund 1 12814472-066514-17001 1 $14,800,000 FUNDING SOURCES AVAILABLE FOR SECTOR 3* Funding Source Total Award Amount Less Insurance Proceeds Less Local Match Net Proceeds FEMA Hurricane Matthew $5,320,233 $1,469,357 $481,360 $3,369,516 FEMA Hurricane Irma $2,904,746 $1,772,419 $56,616 $1,075,711 FEMA Hurricane Dorian $2,669,027 $0 $333,628 $2,335,399 FDEP Grant 171R2** $446,551 $0 N/A $446,551 Total Funding $11,340,557 $3,241,776 $871,604 $7,227,177 *Funding identified in the above grant and FEMA tables is for the entire 6.6 mile stretch of Sector 3 and is not available in its entirety for the Phase 1 portion of the project. Staff is working with the funding agencies in order to determine percentage of funding above that is allocated to Phase 1 and the anticipated Phase 2 of the Sector 3 Beach and Dune Restoration Projects. These award amounts were based on estimates determined by FEMA, and may be able to be revised once the actual final costs are paid, if necessary. **The local match for FDEP Grant 171R2 is an additional $446,551 which is not deducted from the grant amount. RECOMMENDATION Staff recommends the Board approve continuation of construction for Phase 1 of the Sector 3 Beach and Dune Restoration Project utilizing the amount of sand necessaryto meetthe permitted fill template. This is an increase of approximately 25% above the current contracted amount (approximately 77,000 cy) and is anticipated to increase the amount of the contract by approximately $2,487,100, resulting in a total project price for Phase 1 of the Sector 3 Beach and Dune project in the amount of $14,474.110. ATTACHMENTS Representative Surveys APPROVED AGENDA ITEM FOR FEBRUARY 2, 2021 207