Item U2
BOARD OF COUNTY COMMISSIONERS
AGENDA ITEM SUMMARy
Meeting Date: 19 February 2003
Bulk Item: Yes No ---K-
Division:
Growth Management
Marine Resources
Department"
AGENDA ITEM WORDING:
Approval of a Transition Agreement between Monroe County, the Florida Keys Aqueduct Authority and the
Key Largo Wastewater Utility Board.
ITEM BACKGROUND: ,
The newly elected Key Largo Utility Board has held three meetings to date. The Board realizes that the tasks
before them on existing projects are substantial, though not insurmountable. They have asked and County staff
has suggested that a formal transition agreement is drafted to better define the tasks and requirements held by
each agency in the coming six months. In addition to addressing basic administration issues, the agreement
outlines financial obligations and commitments on the County's part toward the completion of the two on-going
projects in Key Largo, Key Largo Trailer Village and Key Largo Park. The Agreement obligates the County to
a little under $1.3 Million in loans subject to repayment and slightly over $2.1 Million in funds and real
property, which is not subject to repayment. It also outlines necessary project components and a timeline for
completion in order to ensure that both projects move forward and are completed in a timely manner. In is
anticipated that County and FKAA obligations and commitments will be met within the first six months of 2003
and that the Utility Board would take over all obligations early this summer.
PREVIOUS RELEVANT BOCC ACTION:
None
CONTRACT/AGREEMENT CHANGES:
New Agreement
STAFF RECOMMENDATIONS;
Approval
TOTAL COST:
$12.698.000
BUDGETED: Yes ---K- No
COST TO COUNTY:
$2.136.000 Aporox.
SOURCE OF FUNDS:
Funds 148 and 304
REVENUE PRODUCING: Yes
No ---K- AMOUNT Per Month
Year
APPROVED BY: County Atty ---K-
DIVISION DIRECTOR APPROVAL:
To Follow
DOCUMENTATION: Included
DISPOSITION:
AGENDA ITEM NO.:
?/rJ _
BC030290
01/29/0310:53 AM
AGENDA ITEM WITH LATE DOCUMENTATION
DIVisION
DEPARTMENT
SUBJECT
DATE ITEM WILL BE AVAILABLE ;2- JIk15
AGENDA ITEM NUMBER
nW- wctL
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