Title of Item:
SHEPARD PARK BOAT TRAILER PARKING FIND GRANT APPLICATION (RC):
RESOLUTION No. 31-2020. A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF STUART, FLORIDA AUTHORIZING THE PUBLIC WORKS DEPARTMENT TO SUBMIT A GRANT APPLICATION FOR A WATERWAYS ASSISTANCE PROGRAM GRANT THROUGH THE FLORIDA INLAND NAVIGATION DISTRICT TO PROVIDE FUNDING FOR THE BOAT TRAILER PARKING AND STORMWATER IMPROVEMENTS AT SHEPARD PARK; PROVIDING FOR AN EFFECTIVE DATE AND FOR OTHER PURPOSES.
Summary Explanation/Background Information on Agenda Request:
Resolution No. 23-2019 was adopted by the City of Stuart on February 25, 2019 authorizing the Public Works Department to apply for a Florida Inland Navigation District (FIND) Waterways Assistance Program grant for the boat trailer parking improvements at Shepard Park. The project will reconfigure the existing boat trailer parking spaces to improve maneuverability and construct additional boat trailer parking spaces at Shepard Park. The project will utilize pervious concrete for the travel lanes and turf block parking spaces, as well as, construct two rain gardens to help reduce stormwater runoff into the St. Lucie River. Subsequent to adoption of Resolution No. 23-2019, the grant application was submitted to FIND and the City was successful in obtaining $110,498.00 in grant funding.
Resolution No. 31-2020 is requesting authorization to submit another grant application for an additional $139,502.00 in grant funding. The total project cost is estimated at $550,000.00 and if successful, FIND would be providing a total of $250,000.00 in grant funding for the project. Please note the total project cost has been increased by $50,000.00 to take into account the rising costs of construction since the adoption of Resolution No. 23-2019 (February 25, 2019).
Funding Source:
FIND Matching Funds (45%): $250,000.00
City of Stuart Matching Funds (55%): $300,000.00
City of Stuart matching funds to come from transportation impact fees, the City's tree fund, and the CRA.
Recommended Action:
Approve Resolution No. 31-2020. |