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3rd Amendment 07/21/2010 DANNY L. KOLHAGE CLERK OF THE CIRCUIT COURT DA TE: August 30, 2010 TO: Elizabeth Wood, Senior Administrator Sewer Projects Pamela G. HanCO~c. FROM: At the July 21, 2010, Board of County Commissioner's meeting, the Board granted approval and authorized execution of the Third Amendment to Interlocal Agreement for the Big Coppitt Regional Wastewater System with Florida Keys Aqueduct Authority. Enclosed is a duplicate original of the above-mentioned for your handling. Should you have any questions, please do not hesitate to contact this office. cc: County Attorney Finance File I THIRD AMENDMENT TO INTERLOCAL AGREEMENT FOR THE BIG COPPI1T REGIONAL WASTEWATER SYSTEM TWS THIRD AMENDMENT TO INTERLOCAL AGREEMENT is entered into the 16th day of June, 2010, pursuant to Sec. 163.01, FS, by and between Monroe County, a political subdivision of the State of Florida, (County), and the Florida Keys Aqueduct Authority, Inc., an independent special district, (FKAA). WHEREAS, on June 21, 2006, the parties entered into an inter-local agreement (ILA) for the purpose of funding the costs associated with the administration, planning and development of a regional wastewater project; and WHEREAS, on November 14, 2007, that ILA was amended to recognize the County's authority to seek State Revolving Loan Funds (SRF) and specified that proceeds of such loans would be applied to the Big Coppitt project; and WHEREAS, on February, 2009, that ILA was amended to clarify that the lLA restriction of SRF to the Big Coppitt project was a function of time and that funds received pursuant to applications in 2009 or later may be applied to other wastewater projects WHEREAS, it is desired to amend the lLA to provide for the additional funding required to complete the capital project; now, therefore IN CONSIDERATION of the mutual consideration and promises set forth below, the parties agree as follows: 1. Paragraph 1, County Funding, of the Inter-local Agreement (ILA) dated June 21, 2006, , as previously amended, for the Big Coppitt Regional Wastewater System shall be amended to read as follows: 1. The County shall immediately appropriate from any lawfully available source, those funds which have been duly approved for the estimated costs of administration, planning and construction of the Big Coppitt Regional Wastewater Project, to the FKAA, which shall not exceed Thirty Seven Million Dollars ($37,000,000.00). These funds include the Five Million Dollars ($5,000,000.00) already authorized under Resolution No. 199-2006, unless that amount is changed by amendment to this agreement. Municipal Service Taxing Unit ad valorem tax proceeds collected by County shall be provided to FKAA as part of the funding under this Agreement and shall be disbursed as described in Paragraph 3 below. Before such disbursement, County may deduct its cost of administration and professional costs from the MSTU funds collected. As the project progresses, and estimates are altered to reflect a combination of actual costs incurred and changes in pricing due to contracts resulting from bid processes, and other changed conditions, the FKAA shall provide such information to the County. This Agreement shall be modified as necessary to reflect such changes in estimates in order to provide for adequate funding to be available for Big Coppitt 3d Amend 1 the timely and efficient construction of the project. The amount of the funding may be changed by written amendment to this Agreement approved by the parties. 2. All other provisions of the lLA dated June 21, 2006, for the Big Coppitt Regional Wastewater System, as previously amended, not inconsistent herewith, shall remain in full force and effect. 3. This Third Amendment to Agreement shall take effect retroactively in order to reimburse for FKAA expenditures above the previously approved Thirty-Five Million Dollars ($35,000,000). IN WITNESS WHEREOF, the parties hereto have set their hands and seals the day and year first above written. FKAA Board Approved:/l 22/2010 FLORIDA KEYS AQU AUTHORITY BOARD OF COUNTY COMMISSIONERS KEY WEST, E OF MONROE COUNTY, FLORIDA JUl 2 1 20tO DATE >jJ"I~Are ,; <. . /;;,,~;/:{t~~; . \, . '~"~B.~; ,<~\->" AITEST: BY: eL J~-A p/~ <,1//" DATE I , JUL 2 1 2010 DATE APPROVED AS TO FORM APPROVED AS TO FORM BY: ~anne A. utton .- Coun7 Attorney Date: 6_ ~/J (p I BY: Date: . r~~U'~ .. .. . ('~) ::c '. ~ ~1P .G) rr1 Big Coppitt 3d Amend 2 ~ c;:::) c:::> > c: G"') c..) o ." r rr1 o ., o ::0 ::0 f"Tl C'") o eN ::tJ en 0 -0 ::E N ..