SUBJECT:
Title
Request Approval of Amendment 2 to Cooperative Funding Agreement 22CF0003725 Between the Southwest Florida Water Management District and Marion County for the Rainbow Springs 5th Replat Stormwater Retrofit Project (Project Number WR10) (Budget Impact - Neutral; reimbursement of up to $267,150)
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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 was approved for Southwest Florida Water Management District (SWFWMD) cooperative funding for a water quality improvement project within the Rainbow Springs 5th Replat subdivision. SWFWMD has awarded funds for the construction of this project. The agreement provides for reimbursement of 50% of the construction costs. The original agreement was approved by the Board on February 17, 2022 (Agenda Item 7.5.7).
This amendment modifies the District’s Funding share to $267,150 due to a change in scope.
BUDGET/IMPACT:
Neutral - Expenditure of $267,150 and reimbursement of up to $267,150 to the Stormwater Program Grant Revenue Account.
RECOMMENDED ACTION:
Recommended action
Motion to approve and authorize the Chairman to execute Amendment 2 to Cooperative Funding Agreement between SWFWMD and Marion County for the Rainbow Springs 5th Replat Stormwater Retrofit Project (Agreement Number 22CF0003725; Project Number WR10).
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