Title
A Resolution Of The Hollywood, Florida Community Redevelopment Agency ("CRA"), Approving And Authorizing The Appropriate CRA Officials To Execute An Interlocal Agreement With The City Of Hollywood For Reimbursement Of The Cost Of Funding The Construction Of Three Storm Water Pump Stations Located Within The CRA Beach District In A Lump Sum Amount Of $3,441,445.00.
Strategic Plan Focus
Infrastructure & Facilities
Body
Staff Recommends: Approval of the attached Resolution.
Explanation:
The Community Redevelopment Agency finds the need to improve the flooding conditions on the barrier island, including State Road A1A ("A1A"). A1A is a Florida Department of Transportation ("FDOT") right of way and is designated as a hurricane evacuation route.
The City approached FDOT to address this on-going challenge by installing four stormwater pump stations along A1A located at approximately the intersections of Azalea Terrace, and Franklin, Sherman and Van Buren Streets.
On July 7, 2021, the CRA Board passed and adopted Resolution No. R-CRA-2021-36 approving funding for the design and construction of three pump stations within CRA Beach District.
On March 2, 2022, via R?2022-061 the City executed an Interlocal Agreement with FDOT to fund the design of the four stormwater pump stations in an amount of $770,468.00 and committed to fund approximately 61 percent of the project cost, in an estimated amount of $6,245,701.00.
On February 7, 2024, via Resolution No. R-CRA-2024-12, the CRA Board approved additional funding participation to FDOT and reimburse the City the cost of construction of three storm water pump stations located within the CRA Beach District in a lump sum amount of $3,441,445.00 (Project Numbers 448574.1 and 448577.1).
Fiscal Impact:
Funding for the proposed for CRA Stormwater Pumps Stations plan has been provided in the FY 2024 adopted operating budget in accounts 163.639901.55200.563010.001456.000.000 (FDOT Pump Stations).
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