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TO: James Chandler <br />County Administrator <br />FROM: James W. Davis, P.E. <br />Public Works Director <br />SUBJECT: Agreement Between SL Johns River Water Management District and <br />Indian River County for Vero Lakes Estates Stormwater Retrofit and the <br />Wabasso Causeway Park Improvements Project <br />RE: Letterfrom Troy Rice, Indian River Lagoon Program to James W. Davis, <br />dated October 25, 1999 <br />DATE: October 26, 1999 <br />DESCRIPTION AND CONDITIONS <br />Indian River County has received a grant in the amount of $350,000 from St. Johns River <br />Water Management District through the Indian River Lagoon Program for construction of <br />the Vero Lakes Estates Subdivision Stormwater Management Retrofit and Wabasso <br />Causeway Park Improvements Project. Contract # SD609AA is attached for the Board's <br />approval. The Governing Board will be considering this agreement for approval at their <br />monthly meeting on November 101i. <br />ALTERNATIVES AND ANALYSIS <br />The Vero Lakes Estates Subdivision is in need of improved drainage. Last week, the <br />Board approved the EPA Section 319 Grant in the amount of $400,000. The altematives <br />are as follows: <br />Aitemative No. 1 <br />Approve the agreement for Vero Lake Estates Stormwater System Retrofit and Wabasso <br />Causeway park Improvements Project. <br />Alternative No. 2 <br />Deny the Agreement <br />RECOMMENDATIONS AND FUNDING <br />Staff recommends approval of the Agreement between Indian River County and St. Johns <br />River Water Management District. Funding is listed on page 24 of the agreement. The <br />County's share of $282,180 shall be from the Vero Lake Estates MSTU and 1¢ Local <br />Option Sales Tax (IRC). Vero Lake Estates MSTU $150,000.00, Optional Sales <br />Tax $132,180.00. <br />ATTACHMENT <br />Letter from Troy Rice, Projects Administrator, Indian River Lagoon Program <br />Agreements <br />November 2, 1999 <br />47 <br />BOOK III F�GE ,fie <br />