LEGISLATIVE ACTION ITEM
SPONSOR: Ashton J. Hayward, III, Mayor
SUBJECT:
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SUPPLEMENTAL BUDGET RESOLUTION NO. 18-45 - FLORIDA SEAPORT TRANSPORTATION ECONOMIC DEVELOPMENT (FSTED) GRANT DREDGING PORT BERTHS 3 AND 5
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RECOMMENDATION:
recommendation
That City Council adopt Supplemental Budget Resolution No. 18-45.
A RESOLUTION AUTHORIZING AND MAKING REVISIONS AND APPROPRIATIONS FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2019; PROVIDING FOR AN EFFECTIVE DATE.
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HEARING REQUIRED: No Hearing Required
SUMMARY:
The Port of Pensacola was awarded the subject grant as part of the 2018/2019 Florida Seaport Transportation Economic Development (FSTED) annual grant program. The funds are part of the $25 million allocated to the FSTED program by the Florida Legislature annually in accordance with Chapter 311 of Florida Statutes. Each of Florida’s 14 public deep-draft seaports can apply for funds from this program to assist in funding port capital and infrastructure improvements.
This grant is specifically for dredging Port Berths 3 and 5 to 33 feet, which is their full depth as authorized by the U.S. Army Corps of Engineers. Silting in several locations along the berths has created shallow spots where the depth alongside is currently less than 33 feet. This grant will fund engineering, design, permitting, bidding, contracting and dredging (including vendor mobilization, demobilization and dredged material disposal).
PRIOR ACTION:
None
FUNDING:
Budget: $ 110,700 FSTED Grant #44102729401
36,900 Port Matching Grant Funds
$ 147,600
Actual: $ 147,600
FINANCIAL IMPACT:
FSTED Grant funds in the amount of $110,700 will provide partial funding for this project. The City’s required matching funds of $36,900 will come from various operating expense line items in the Port Fund. Approval of the Supplemental Budget Resolution will appropriate the funding for this project.
CITY ATTORNEY REVIEW: Yes
9/28/2018
STAFF CONTACT:
Keith Wilkins, City Administrator
Amy Miller, Port Director
ATTACHMENTS:
1) Supplemental Budget Resolution No. 18-45
2) Supplemental Budget Explanation No. 18-45
PRESENTATION: No end