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Item C33 C.33' Co ��Monroe ;r ' BOARD OF COUNTY COMMISSIONERS lrl Mayor Heather Carruthers,District 3 The Florida.Keys � m���� ���� Mayor Pro Tem Michelle Coldiron,District 2 1 Craig Cates,District 1 David Rice,District 4 ` Sylvia J.Murphy,District 5 County Commission Meeting February 19, 2020 Agenda Item Number: C.33 Agenda Item Summary #6497 BULK ITEM: Yes DEPARTMENT: Budget and Finance TIME APPROXIMATE: STAFF CONTACT: Christina Brickell (305) 292-4466 N/A AGENDA ITEM WORDING: Approval to advertise a Public Hearing for a Budget Amendment for the One Cent Infrastructure Sales Surtax(Fund 304) and approval to transfer up to $2 million dollars from One Cent Infrastructure Sales Surtax Fund (Fund 304) to the Marathon International Airport Fund(Fund 403) as needed for FDOT grant match purposes for that Fund. ITEM BACKGROUND: Funds are needed in the Marathon Airport Funds to cover the initial construction costs of the Emergency Operations Center (EOC) building until such time as those funds expensed are reimbursed to us from the Florida Department of Transportation (FDOT) and the Florida State Department of Emergency Management (FDEM). This transaction entry will be recorded as an expense. The intent is for the funds to be used as part of the County's FDOT grant match requirement. This transfer is in compliance with the Board's financial policy with respect to reserve fund balances and minimum levels of adequate operating capital. This budget amendment is also of a routine nature to align the budgets with revenues and expenditures of ongoing Capital Improvement Projects in Fund 304, which is done yearly. PREVIOUS RELEVANT BOCC ACTION: On September 19, 2018, the BOCC approved an agreement with the Florida State Department of Emergency Management to accept a grant in the amount of$5.9M for the design and construction of a Monroe County Emergency Operations and Public Safety Center. On December 19, 2018, the BOCC approved an agreement with the Florida Department of Transportation (Public Transportation Grant G1009) to accept a grant in the amount of$400,000 (to be matched with $400,000 in County funds) for the planning, permitting, design and construction of a non-aeronautical building (EOC) to be constructed on the SW corner of the Marathon airport property. On September 18, 2019, the BOCC approved the FY20 Operating and Capital Project Budget. CONTRACT/AGREEMENT CHANGES: Packet Pg.947 C.33' N/A STAFF RECOMMENDATION: Approval. DOCUMENTATION: FINANCIAL IMPACT: Effective Date: Expiration Date: Total Dollar Value of Contract: Total Cost to County: Current Year Portion: Budgeted: Source of Funds: One Cent Infrastructure Surtax and Fund Balance CPI: Indirect Costs: Estimated Ongoing Costs Not Included in above dollar amounts: Revenue Producing: If yes, amount: Grant: County Match: Insurance Required: N/A Additional Details: REVIEWED BY: Tina Boan Completed 01/29/2020 2:07 PM Christine Limbert Completed 02/03/2020 2:17 PM Maria Slavik Completed 02/04/2020 8:47 AM Kathy Peters Completed 02/04/2020 1:19 PM Board of County Commissioners Pending 02/19/2020 9:00 AM Packet Pg.948