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Item Q09 �S Q..7 I`� County �� � .�� �y,+ ' �, "tr BOARD OF COUNTY COMMISSIONERS Mayor Heather Carruthers,District 3 �1 nff `ll Mayor Pro Tem Michelle Coldiron,District 2 The Florida.Keys` ) H` Craig Cates,District 1 David Rice,District 4 w � Sylvia J.Murphy,District 5 County Commission Meeting November 17, 2020 Agenda Item Number: Q.9 Agenda Item Summary #7568 BULK ITEM: No DEPARTMENT: Budget and Finance TIME APPROXIMATE: STAFF CONTACT: Tina Boan (305) 292-4470 10:30 A.M. AGENDA ITEM WORDING: Presentation, discussion, and direction regarding potential financing for resilience projects related to road elevation for sea level rise, flooding issues and stormwater management. ITEM BACKGROUND: The presentation will present resiliency finance options including an overview of Monroe County's debt portfolio, credit profile, current market conditions, existing revenue capacity, market guidance, Federal, State and Municipal tools, Public Private Partnerships, and case studies. Discussion will also include investing in infrastructure and resiliency considerations. The BOCC's Financial Advisor PFM (Public Financial Management), Sergio Masvidal, Managing Director will lead the presentation. PREVIOUS RELEVANT BOCC ACTION: At the September 8th BOCC meeting the Board directed staff to bring back information to facilitate discussion of possible future financing of resiliency projects. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATION: Staff direction on seeking dedicated funding sources. DOCUMENTATION: FINANCIAL IMPACT: Effective Date: N/A Expiration Date: N/A Packet Pg. 2377 Q.9 Total Dollar Value of Contract: N/A Total Cost to County: Current Year Portion: Budgeted: Source of Funds: CPI: Indirect Costs: Estimated Ongoing Costs Not Included in above dollar amounts: Revenue Producing: N/A If yes, amount: Grant: County Match: Insurance Required: N/A Additional Details: REVIEWED BY: Tina Boan Completed 11/03/2020 4:10 PM Christine Limbert Completed 11/03/2020 5:34 PM Liz Yongue Completed 11/03/2020 5:44 PM Board of County Commissioners Pending 11/17/2020 9:00 AM Packet Pg. 2378 co co o N Z (n 0 ca v m N 0 CD a o o N0 E o•CD ci) o Cr 3 0 CD (D r r Cl) Cr, --I c Q � 0 in oN O� CD v SD6 `" ' XI * 0 0 0 o CD 6 Cl) o 71 0 5 ' 71 5 X 71 DO ill'� _. ..... a .. 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