SUBJECT:
Title
Request Approval of a Florida Department of Transportation State-Funded Grant Supplemental Agreement and Supporting Resolution for Additional Right-of-Way for the Emerald Road Extension Project from SE 92nd Loop to Florida Northern Railroad FPN: 450340-1-44-01 (Budget Impact - Neutral)
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INITIATOR: |
DEPARTMENT: |
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Steven Cohoon, P.E., County Engineer |
Office of the County Engineer |
DESCRIPTION/BACKGROUND:
The County previously entered into a State-Funded Grant Agreement with the Florida Department of Transportation (FDOT), for Grant Agreement Contract Number G2I31 FPN 450340-1-44-01, also known as the Emerald Road Extension Project from SE 92nd Loop to Florida Northern Railroad.
This Supplemental Agreement (SA) reflects an increase in right-of-way costs in the amount of $1,362,812.00, resulting from the addition of two parcels (37508-000-00 and 37517-000-00) and revised parcel square footage measurements. This results in an updated agreement amount of $2,589,797.00. State funding remains unchanged from the aforementioned State-Funded Grant Agreement at $325,000. The Marion County funding increased from $901,985.00 to a total of $2,264,797.00
BUDGET/IMPACT:
Neutral. This is included in the 2024/2025 Transportation Improvement Plan as project numbers STC073865 and TIP073865, and Cost Centers 738 and 760.
RECOMMENDED ACTION:
Recommended action
Motion to approve the attached Agreement and Resolution, and authorize the Chairman and Clerk to execute the same.
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