Agenda

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County Administrator's Report 9. 1.

BCC Regular Meeting

Budget & Finance Consent

Meeting Date:	06/02/2016
Issue: Supplemental Budget Amendment #164 - Voluntary Tax Credit Funding
From:	Amy Lovoy
Department:	Asst County Administrator
CAO Approval:

RECOMMENDATION:

Recommendation Concerning Supplemental Budget Amendment #164 Recognizing Funds from the Sale of Voluntary Tax Credits and Appropriating these Funds for Environmental Remediation at Corrine Jones Park - Amy Lovoy, Assistant County Administrator

That the Board adopt the Resolution approving Supplemental Budget Amendment #164, Community Redevelopment Block Grant (CDBG) Fund (129), in the amount of $281,868, recognizing Funds from the sale of voluntary tax credits and appropriating these Funds to assist the City of Pensacola in remediating the site known as the Corrine Jones Park.

BACKGROUND:

Corrine Jones Park is a City property that is undergoing a transformation to a storm water park. During this restoration project groundwater containing high levels of Lindane, a neurotoxin and possible carcinogen was uncovered at the site. This contamination emanated from site to the north owned by the County and formerly used as the Mosquito Control building. For many years the County has engaged in a cleanup effort at this site.

The City of Pensacola has formerly requested the County's assistance in treating the water that is removed from this site during the dewatering phase of this project. The initial cost estimate for this is about $300,000.

BUDGETARY IMPACT:

This supplemental budget amendment will recognize monies received from the sale of voluntary tax credits earned on other environmental clean up projects and will appropriate these funds to assist in the remediation of the Corrine Jones storm water park.

LEGAL CONSIDERATIONS/SIGN-OFF:

N/A

PERSONNEL:

N/A

POLICY/REQUIREMENT FOR BOARD ACTION:

N/A

IMPLEMENTATION/COORDINATION:

N/A

Attachments
016sa164
Request from City