Item J1 BOARD OF COUNTY COMMISSIONERS
AGENDA ITEM SUMMARY
Meeting Date: July 17, 2013 Division: Engineering & Public Works
Bulk Item: Yes _ No X Department: Wastewater
Staff ContactPerson/Phone #:Wilson (453-8797)_
AGENDA ITEM WORDING: Approval for Amendment 47 for the Interlocal Agreement(ILA)with
the Florida Keys Aqueduct Authority to establish a revised method for determining the cash advance
scheduling for the project
ITEM BACKGROUND: At the June 19, 2013 meeting of the Board of County Commissioners
(BOCC), the directed staff to review the method for reviewing the amount of advance required to
ensure the FKAA has sufficient funds to support contractor payments while ensuring the amount of
"float" is regularly reviewed. Staff also noted that the agreement as written requires approval of the
two respective boards for short term modification to meet FKAA cash flow needs and County draw
schedules of State loans and grants.
PREVIOUS RELEVANT BOCC ACTION: The initial ILA was adopted in September 2006 and to
date 6 amendments have been adopted on 16 APR 2008 (1"), 3 August 2009 (2nd), 16 September 2009
(3rd), 18 April 2012 (4 h), 15 August 2012 (5 h); and 17 October 2012 (6 h
CONTRACT/AGREEMENT CHANGES: N/A
STAFF RECOMMENDATIONS: Recommend approval
TOTAL COST: N/A INDIRECT COST: Staff Time BUDGETED: Yes No X
DIFFERENTIAL OF LOCAL PREFERENCE: N/A
COST TO COUNTY: N/A SOURCE OF FUNDS: N/A
REVENUE PRODUCING: Yes No AMOUNT PER MONTH Year
APPROVED BY: County Atty OMB/Purchasing Risk Management
DOCUMENTATION: Included X Not Required
DISPOSITION: AGENDA ITEM#
Revised 7/09