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Item K2 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: 21 J anuarv 2004 Bulk Item: Yes -X- No Division: Growth Management Department: Marine Resources AGENDA ITEM WORDING: Approval of a Resolution committing approximately $1.3 M in Infrastructure Sales Tax monies, originally slated for the decentralized wastewater project, to offset the costs of the Conch Key and Baypoint wastewater proj ects. ITEM BACKGROUND: At its April Board meeting the BOCC agreed to cease work on the EP A Decentralized Utility project and shift the County 304 Capital Infrastructure Fund match to assist in offsetting the Cost of the Conch Key and Baypoint projects. The funds committed to this project were approximately $ 1.3 M. Construction bids for both the Conch Key and Baypoint wastewater projects have been received by the FKAA. Projected connection fees, with existing grant commitments and without the $1.3 M, exceed the County's target connection fee of $2,700 / EDU. Commitment of up to the $1.3 M brings projected connection fees much closer to the target range. The attached resolution commits the $1.3 M in 304 Funds up to the point of meeting the target range for wastewater connection fees and allows the FKAA to distribute this commitment between the two wastewater projects to achieve equity between the projects. The commitment of these funds is essential Jt this time in order to be able to accept bids and negotiate contracts in good faith for the Conch Key and Baypoint proj ects PREVIOUS RELEVANT BOCC ACTION: April 2003 - Commitment to hold $1.3 M CONTRACT/AGREEMENT CHANGES: NA STAFF RECOMMENDATIONS; Approval TOTAL COST: See estimates for Drol ects BUDGETED: Yes No COST TO COUNTY: $1.3 M SOURCE OF FUNDS: Infrastructure Sales Tax REVENUE PRODUCING: Yes No X AMOUNT Per Month unk Year APPROVED BY: County Atty -X- DIVISION DIRECTOR APPROVAL: Risk Management DOCUMENTATION: Included ~ To Follow DISPOSITION: Not Required AGENDA ITEM NO.: BC040190.doc 12/30/034:54 PM JAN-0S-04 14,23 FROH,MONROE COUNTY AITY Urrl~~ IU'J~~~~~~~.b ,-- ,"""u... Marine Resources RESOLlITION NO. 2004 A RESOLUTION OF THE MONROE COUNIT BOARD OF COMMISSIONERS COMMITTING UP TO $ 1.3 MILLION IN INFRASTRUCTURE SALES TAX MONEY, FUND 304, TO THE FLORIDA KEYS AQUEDUCT AUTHORITY (FKAA) TO OFFSET THE COST OF CONSTRUCTION AND CONNECTION FOR THE CONCH KEY AND BA VPOINT W ASTEW A TER PROJECTS. WHEREAS, the Board of County Commissioners agreed at their April 2003 meeting to rescind commitments for approximately $ 1.3 M in InfrastrUcture Sales Tax Funds to match an EPA Decentralized Utility Grant; and WHEREAS, the BOCC agreed at the April 2003 Board meeting to resenre these funds for the FKAA to offset the cost of construction and connection for the Conch Key and Baypoint wastewater projects once the costs were better known; and WHEREAS, the FKAA has received bids, that while encouraging, still require the commitment of additional funds in order to meet the target connection figures, now, therefore, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS, MONROE COUNTY, FLORIDA THAT: 1. 1.3 million dollars ($ 1.3 M) of Fund 304 Infrastructure Sales Tax money be fonnally committed to the FKAA for the Conch Key and Baypoint wastewater projects to meet the Commission's target goal for COIUlection fees on such projects; and 2. the FKAA may only utilize as much of these funds as is required for each project to meet the target cOJUlection fee; and 3. the FK.AA may distribute the funds as necessary to achieve rate equity between the Conch Key and Baypoint wastewater projects; and 4. this Resolution serves to commit the funds immediately to these wastewater projects for the purposes of negotiating contracts in good faith with project bidders. New interlocal agreements between Monroe County and the FK.AA BC04OJ9J 12/3112003 3:47 PM JAN-0S-04 14.24 FROM.MON~OE CUUNly "..~ U~~.~L '~'~~~AgA~~.b Marine Resources or amendments to existing interlocal agreements must be entered into for each project before funds may be distributed. PASSED AND ADOPTED by the Board of County Commissioners of Monroe COWlty, Florida, at a regular meeting of said Board held on the day of . 2004. Mayor Nelson Mayor Pro Tern Rice Commissioner McCoy Commissioner Neugent Commissioner Spehar (SEAL) Attest: DANNY L.K.OLHAGE. Clerk BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY. FLORIDA By By Deputy Clerk Mayor/Chairperson MONROE COUNTY ATTORNEY ~~. . OLFE CH1~ ASS~NT ~OU~ ATTORNEY Dale - .. 0 BC040191 12131120033'47 PM