04/07/2015 (4) - Laserfiche WebLink

Home Browse Search

INDIAN RIVER COUNTY, FLORIDA BOARD MEMORANDUM SL TO: Joseph A. Baird, County Administrator THROUGH: Christopher R. Mora, P.E. Public Works Director FROM: James D. Gray, Jr. Coastal Engineer SUBJECT: DATE: FDEP Grant Agreement No. 15IR1 CONSEN Wabasso Beach Restoration Project (Sector 3) March 23, 2015 DESCRIPTION AND CONDITIONS The Florida Department of Environmental Protection (FDEP) received FY 2014/2015 funding to assist eligible governmental entities for beach erosion control activities under the Florida Beach Management Funding Assistance Program. FDEP has issued Agreement No. 15IR1 to commit state funds for the partial reimbursement of construction (2010-2012) and permit -required post construction monitoring (2014) on the initial Sector 3 Beach and Dune Restoration Project. Funding under this grant also includes a partial reimbursement for 2012 post construction physical monitoring. The attached agreement commits up to $10,389,838 at a cost share ratio of 50% State - 50% Local. The total local share under this agreement is $5,194,919 with a maximum State reimbursement of $5,194,919. The Agreement identifies Indian River County as the Local Sponsor, County Coastal Engineer James Gray as the project manager, and has an expiration date of January 31, 2016. All tasks under this grant agreement are 100% complete. Therefore, once Agreement No. 151R1 is fully executed, staff will submit an invoice to the State for the entire grant reimbursement of $5,194,919. FUNDING All work, as indicated above, on the initial Sector 3 Beach and Dune Restoration Project is completed and does not require additional local funding in order to receive State reimbursement. Local funding of Beach Restoration includes a portion of Local Option Tourist Tax Revenue as well as allocation of the One Cent Sales Tax. F:1Public WorksVamesG1151R1 FDEP GranttAgenda Items\agenda item 151R1 FDEP Grant Agreement — Sector 3 Construction and Monitoring Reimbursement 4-7-15.docx 78