SUBJECT/RECOMMENDATION:
...Title
Approve the Joint Participation Agreement (JPA) G2S84 between the City of Clearwater and the State of Florida Department of Transportation (FDOT), for a grant to purchase vessels, refurbishment/construction of docks, and water transportation service, authorize the appropriate officials to execute same, and adopt Resolution 24-07.
Body
SUMMARY:
FDOT JPA Agreement G2S84 provides for an 83% grant from FDOT for the purchase of vessels, refurbishment/construction of docks, and water transportation service, with a 17% cash match from the City. The project cost is estimated at $1,200,000 with FDOT contributing up to $1,000,000 in grant funding and the City of Clearwater contributing up to $200,000 in matching funds. The grant allows for up to $800,000 of grant funds to be used for the purchase of vessels and the refurbishment and construction of docks and up to $200,000 of grant funds to be used for water transportation service operations including maintenance and supplies.
APPROPRIATION CODE AND AMOUNT:
A first quarter budget amendment will establish capital improvement project G2410, Water Transportation Ferry Grant, recognizing a budget increase of $1,000,000 in grant revenue.
The required cash match will be provided by a transfer of General Fund revenues included in the budget request over the next three budget years (FY25-FY27) moving planned funding for the Clearwater Ferry agreement to the capital project.
USE OF RESERVE FUNDS:
STRATEGIC PRIORITY:
High Performing Government: 1.2 Maintain public infrastructure, mobility systems, natural lands, environmental resources, and historic features through systematic management efforts.
Economic & Housing Opportunity: 2.2 Cultivate a business climate that welcomes entrepreneurship, inspires local investment, supports Eco-friendly enterprises, and encourages high-quality job growth.
Community Well-Being: 3.2 Preserve community livability through responsible development standards, proactive code compliance, and targeted revitalization.
Environmental Stewardship: 4.4 Develop accessible and active transportation networks that enhance pedestrian safety and reduce citywide greenhouse gas emissions.
