Subject:
Title
Interlocal Agreement with barrier island municipalities authorizing the payment of local government infrastructure sales surtax for the undergrounding of utilities and other eligible projects consistent with the Gulf Boulevard Improvement Plan.
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Recommended Action:
Recommended Action
Approval of the Interlocal Agreement with the communities of Belleair Beach, Belleair Shore, Clearwater, Indian Rocks Beach, Indian Shores, Madeira Beach, North Redington Beach, Redington Beach, Redington Shores, St. Pete Beach, and Treasure Island authorizing the payment of local government infrastructure sales surtax (Penny IV) for the undergrounding of utilities and other eligible projects consistent with the Gulf Boulevard Improvement Plan.
• $35,000,000.00 of Penny IV funds, including:
a.) $33,750,000.00 allocated to the undergrounding of utilities along Gulf Boulevard.
b.) $1,250,000.00 allocated to the municipalities of Clearwater ($750,000.00) and Indian Shores ($500,000.00) for eligible projects consistent with the Gulf Boulevard Improvement Plan.
• Agreement will begin upon execution of agreement by all parties and will end on September 30, 2026.
• All expenditures to be reimbursed must be eligible expenditures per Florida Statutes section 212.055, the Penny IV ballot language and related public education material, and the Penny IV Interlocal Agreement with all 24 municipalities.
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Strategic Plan:
Foster Continual Economic Growth and Vitality
4.4 Invest in infrastructure to meet current and future needs
Deliver First Class Services to the Public and Our Customers
5.1 Maximize partner relationships and public outreach
5.2 Be responsible stewards of the public’s resources
5.3 Ensure effective and efficient delivery of County services and support
5.4 Strive to exceed customer expectations
Summary:
Summary
Approval of this Interlocal Agreement will provide up to $35,000,000 to barrier island communities to complete the undergrounding of utilities along Gulf Boulevard as well as other eligible projects associated with the Gulf Boulevard Improvement Plan where undergrounding has been complete. Municipalities will be eligible for reimbursement for the undergrounding of utilities completed along Gulf Boulevard within their jurisdiction. The amount each municipality is eligible to receive is based upon the length of right-of-way along Gulf Boulevard within its jurisdiction.
The City of Clearwater and Town of Indian Shores have completed the undergrounding of utilities along Gulf Boulevard and will be eligible for reimbursement for eligible projects completed as part of the Gulf Boulevard Improvement Plan.
This Agreement was unanimously approved by the Barrier Island Government Council.
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Background Information:
On July 10, 2012 the County and the barrier island municipalities entered into an Interlocal Agreement to complete projects contained within the Gulf Boulevard Improvement Plan funded by the County’s distribution of the Infrastructure Sales Surtax (Penny III). The Agreement expired on September 30, 2019. On August 20, 2019 the Board of County Commissioners adopted a resolution authorizing the late payment of any funds allocated in the Agreement for work not completed. The resolution extended the duration of the reimbursement period to September 30, 2021.
This agreement will also be funded by the County’s Penny distribution, Penny IV, to complete the undergrounding of utilities and other projects as identified in the Gulf Boulevard Improvement Plan.
Fiscal Impact:
$35,000,000 funded by the Local Government Infrastructure Sales Surtax over five years.
FY21 $3,000,000
FY22 $8,000,000
FY23 $8,000,000
FY24 $8,000,000
FY25 $8,000,000
This agreement is consistent with the FY21 Adopted Budget and FY21-26 Adopted Capital Improvement Plan.
Staff Member Responsible:
Brian Lowack, Assistant to the County Administrator
Partners:
Belleair Beach
Belleair Shore
Clearwater
Indian Rocks Beach
Indian Shores
Madeira Beach
North Redington Beach
Redington Beach
Redington Shores
St. Pete Beach
Treasure island
Attachments:
Gulf Boulevard Interlocal Agreement
Exhibit A
Exhibit B