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Consent Item <br />On February 2, 2021, the Board of County Commissioners approved IRCDUS funding amount of $155,562 and use <br />of Optional Sales Tax dollars of $482,656. The project is anticipated to begin construction in December 2021 and <br />anticipated competition is December 2022. Please note that if, during the procurement process, bids are much <br />higher than the engineer's opinion of probable cost, the County has the option to close the agreement early without <br />addressing any construction. The early closeout of the agreement would be brought as a new item to the board at <br />that time. <br />Recommendation: <br />Staff recommends that the Indian River County Board of County Commissioners approve the Cost -Share Agreement <br />and authorize the Chairman to execute it on behalf of the County. <br />Attachments: <br />1. Cost -Share Agreement with SJRWMD (Contract #36526) <br />166 <br />Page 2 of 2 <br />