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HomeMy WebLinkAboutR-2025-168 Stormwater Account Funding Reconciliation for SE Drainage ProjectRESOLUTION NO. 2025-168 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA, APPROVING A BUDGET TRANSFER/FUNDING RECONCILIATION AND ALLOCATION OF STORMWATER MANAGEMENT FUNDS IN THE AMOUNT OF FIVE HUNDRED SEVENTY- SEVEN THOUSAND EIGHT HUNDRED FIFTY-TWO DOLLARS AND THIRTY-FIVE CENTS ($577,852.35) FOR THE SOUTHEAST DRAINAGE PROJECT – PHASE 1; PROVIDING FOR CONFLICTS; FURTHER, PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Commission adopted Resolution No. 2024-077, awarding the construction contract for the Southeast Drainage Project – Phase 1 to Ric-Man Construction, Inc. in the amount of $16,815,805.24; and WHEREAS, the project is funded by Broward County Transportation Surtax funds in the amount of $7,212,000.00, an FDEP grant in the amount of $3,480,000.00, and the balance of $6,123,805.24 from the City’s Truist Bank line of credit; and WHEREAS, pursuant to Broward County Transportation Surtax Interlocal Agreements R-2021-012, R-2021-064, and R-2023-053 a total of Five Hundred Seventy-Seven Thousand Eight Hundred Fifty-Two Dollars and Thirty-Five Cents ($577,852.35) of the surtax allocation was utilized for design and planning services during earlier project phases; and WHEREAS, a subsequent funding reconciliation identified that these prior design expenditures were included within the total surtax allocation amount; and WHEREAS, to maintain full construction funding for the Southeast Drainage Project – Phase 1, the City must allocate Five Hundred Seventy-Seven Thousand Eight Hundred Fifty-Two Dollars and Thirty-Five Cents ($577,852.35) from the Stormwater Management Account; and WHEREAS, the City Commission finds it in the best interest of the City to approve this funding reconciliation and allocation to ensure accurate accounting and continued project progress consistent with all executed agreements. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA: Section 1. That the above “Whereas” clauses are ratified and confirmed, and they are made a part of and incorporated into this Resolution by this reference. Section 2. The City Commission hereby approves the funding reconciliation and authorizes the allocation of Five Hundred Seventy-Seven Thousand Eight Hundred Fifty-Two Dollars and Thirty-Five Cents ($577,852.35) from the Stormwater Management Account to the 2 RESOLUTION #2025-168 Southeast Drainage Project – Phase 1 to align prior design expenditures and complete construction funding consistent with Resolution No. 2024-077 and the executed Interlocal Agreements with Broward County. Section 3. That funding will be appropriated from Stormwater Bond Projects Infrastructure Account No. 303-38-13-538-63-10. A budget transfer will be processed from Stormwater Bond Projects Infrastructure Account No. 303-38-13-538-63-95 into Stormwater Bond Projects Infrastructure Account No. 303-38-13-538-63-10. Section 4. That all resolutions or parts of resolutions in conflict with this Resolution are repealed to the extent of such conflict. Section 5. That this Resolution shall become effective upon its passage and adoption. PASSED AND ADOPTED on November 18, 2025. Motion by Vice Mayor Salvino, second by Commissioner Lewellen. FINAL VOTE ON ADOPTION: Unanimous X Yes No Commissioner Lori Lewellen ____ ____ Commissioner Luis Rimoli ____ ____ Commissioner Archibald J. Ryan IV ____ ____ Vice Mayor Marco Salvino ____ ____ Mayor Joyce L. Davis ____ ____ ATTEST: ELORA RIERA, MMC JOYCE L. DAVIS CITY CLERK MAYOR APPROVED AS TO FORM AND CORRECTNESS: EVE A. BOUTIS CITY ATTORNEY