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5/21/2024 Item 12.E.1. <br />• ILA Option III will require approximately $42,500.00 to $75,000.00 for <br />the design, permitting, bid, and construction oversight in addition to <br />the estimated amount of $213,000.00 to $254,000.00 for construction <br />(marker installation). <br />• A significant portion of the funding for the ALA will be reimbursed to <br />the County by the participating municipalities under ILA Option III. <br />• Funding in the estimated amount of $255,500.00 to $329,000.00* will <br />be made available via a budget amendment in the Florida Boating <br />Fund/Lagoon/Other Contractual Services Account, 13328337-033490. <br />*Estimated amount, actual costs may vary <br />Staff is seeking approval from <br />the Board of County <br />Commissioners to move <br />forward with establishing the <br />ALAS for the partnering <br />municipalities utilizing ILA <br />Option III. <br />q1.-4 <br />