Supplemental Budget Amendment #188 - LAP Agreement for Perdido Key Drive Multi-Use Path, Western Section
Organization:
Asst County Administrator
CAO Approval:
RECOMMENDATION:
Recommendation Concerning Supplemental Budget Amendment #188 - Appropriation for Local Agency Program Agreement for Perdido Key Drive Multi-Use Path, Western Section, Joy Jones, P.E., Engineering Department Director - Sharon Harrell, Interim Budget Manager, Management and Budget Services
That the Board adopt the Resolution approving Supplemental Budget Amendment #188, Local Option Sales Tax Fund IV (353), in the amount of $1,768,953, to recognize proceeds from a State of Florida Department of Transportation (FDOT) Local Agency Program Agreement (LAP), and to appropriate these funds for construction, and Construction, Engineering and Inspection (CEI) services for the Perdido Key Drive Multi-Use Path, western section.
Fund Number
Fund Name
Revenue Code
Revenue Title
Amount
353
LOST IV
334500 (new)
LAP-Perdido Key Multi-Use Path
$1,768,953
Total
$1,768,953
Fund Number
Cost Center No.
Cost Center Title
Account Code
Account Title
Amount
353
210132 (new)
PK Multi-Use Path LAP
56301
Improvements Other than Buildings
$1,768,953
Total
$1,768,953
BACKGROUND:
On August 20, 2020, it is anticipated the Board will approve a LAP Agreement between the FDOT and Escambia County, Florida, for construction and construction, engineering and inspection (CEI) services for the Perdido Key Drive Multi-Use Path (western section) project. The project will construct approximately 1.966 miles of a multi-use path along the north side of Perdido Key Drive. FDOT will reimburse the County up to $1,768,953.
BUDGETARY IMPACT:
This Amendment will increase Fund 353 by $1,768,953, and FDOT will reimburse the County up to this amount.
Fund Number
Fund Name
Revenue Code
Revenue Title
Amount
353
LOST IV
334500 (new)
LAP-Perdido Key Multi-Use Path
$1,768,953
Total
$1,768,953
Fund Number
Cost Center No.
Cost Center Title
Account Code
Account Title
Amount
353
210132 (new)
PK Multi-Use Path LAP
56301
Improvements Other than Buildings
$1,768,953
Total
$1,768,953
LEGAL CONSIDERATIONS/SIGN-OFF:
N/A
PERSONNEL:
N/A
POLICY/REQUIREMENT FOR BOARD ACTION:
Increases or decreases in revenues must be approved by the Board per F.S. 129.06 - Execution and amendment of budget.