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County Administrator's Report 12. 24.

BCC Regular Meeting

Budget & Finance Consent

Meeting Date:	05/07/2020
Issue: Supplemental Budget Amendment #105 - Proceeds from the Sale of Easements
From:	Stephan Hall
Department:	Asst County Administrator
CAO Approval:

RECOMMENDATION:

Recommendation Concerning Supplemental Budget Amendment #105, Proceeds from the Sale of Easements, J. Taylor "Chips" Kirschenfeld, Director, Department of Natural Resources Management - Stephan Hall, Budget Manager, Management and Budget Services

That the Board adopt the Resolution approving Supplemental Budget Amendment #105, Other Grants and Projects Fund (110), in the amount of $305,865, to recognize proceeds from the United States Navy from the sale of easements for encroachment protection.

On September 22, 2016, the Board of County Commissioners entered into a Multi-Year Encroachment Protection Agreement for Naval Air Station (NAS) Pensacola with the Department of the Navy. The purpose of the Agreement was to provide assistance with the acquisition of real property to prevent encroachment and limit incompatible development in the vicinity of NAS Pensacola. These funds are to be leveraged for future defense infrastructure Grants (DIG) which require matching funds.

BACKGROUND:

On September 22, 2016, the Board of County Commissioners entered into a Multi-Year Encroachment Protection Agreement for Naval Air Station (NAS) Pensacola with the Department of the Navy. The purpose of the agreement was to provide assistance with the acquisition of real property to prevent encroachment and limit incompatible development in the vicinity of NAS Pensacola. These funds are to be leveraged for future defense infrastructure grants (DIG) which require matching funds.

BUDGETARY IMPACT:

This Amendment will increase Fund 110 in the amount of $305,865.

LEGAL CONSIDERATIONS/SIGN-OFF:

N/A

PERSONNEL:

N/A

POLICY/REQUIREMENT FOR BOARD ACTION:

Increases and decreases in revenue must be approved by the Board per F.S. 129.06 - Execution and amendment of budget.

IMPLEMENTATION/COORDINATION:

N/A

Attachments
SBA# 105