COCOA COMMUNITY REDEVELOPMENT AGENCY AGENDA ITEM
Memo Date: November 22, 2023
Agenda Date: December 4, 2023
Prepared By: Charlene Neuterman, Community Services Director
Through: Stockton Whitten, City Manager
Requested Action:
title
Approve a Resolution Amending the FY24 Budget, BAF#24-030-IFT, in the amount of $84,000 for the 50% FIND Grant Match, for Grant #BV-CO-23-159(Phase 1), transferring the Match to a Capital Projects Fund 304, for the Cocoa Waterfront Public Docking and Breakwater Phase 1, Design and Permits for 14 Docking Slips. Funding is contingent on City Council’s approval of the Agreement planned for the December 12, 2023 Council meeting.
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BACKGROUND:
The 2023 Florida Inland Navigation District (FIND) grant guidelines were released in January 2023 for Intracoastal Waterway municipalities to apply for funding to support waterway related projects within the District. Grant applications were due for submission on March 27, 2023. Projects scoring the minimum number of points are eligible for funding. The funding for projects was released on October 1, 2023 after approval by the FIND Commissioners.
The FIND Grant provides up to 50% funding assistance for the projects. The approved funding is $168,000. This Design and Permitting grant will provide the engineering and permitting necessary to construct a new docking system and breakwater to replace the destroyed day slips during the 2022 hurricanes. The CRA would be responsible for the 50% match in the amount of $84,000, which is transferring to the Capital Projects Fund 304.
Once the agreement is executed Staff will move forward with the appropriate task orders to engage a waterfront consultant from the City’s Continuing Services to begin the design process. The design should be complete by September 30, 2025. Once the permitting process begins, the duration for completion may be extended depending on the complexity of the breakwater system.
Staff will return to the CRA with periodic updates on the process throughout the duration of the grant. Public Works Staff will manage the project and CRA Staff will manage the invoicing and payments to the consultant, as well as the required reporting to FIND.
Staff recommends approval of a Budget Resolution and BAF in the amount of $84,000 for the 50% FIND Grant Match for the Cocoa Waterfront Public Docking and Breakwater Phase 1, Design and Permits for 14 Docking Slips.
BUDGETARY IMPACT:
Budgeted No
If not budgeted, is amendment/transfer attached? Yes
50% Match, BAF 24-030-IFT
Amount Requested $84,000
Account Number 110-0000-389.99-50 GR2404
Account Name Fund Balance
Amount Requested $84,000
Account Number 110-3230-581.91-34 GR2404
Account Name Interfund Transfer to 304 FUND
Source of Funds: Fund Balance
PREVIOUS ACTION:
Council approved Staff applying for the grant in January 2023.
RECOMMENDED MOTION:
Recommendation
Approve a Resolution Amending the FY24 Budget, BAF#24-030-IFT, in the amount of $84,000 for the 50% FIND Grant Match, for Grant #BV-CO-23-159(Phase 1), transferring the Match to a Capital Projects Fund 304, for the Cocoa Waterfront Public Docking and Breakwater Phase 1, Design and Permits for 14 Docking Slips. Funding is contingent on City Council’s approval of the Agreement planned for the December 12, 2023 Council meeting.