20.
Ratification of the revisions made to the requested grant funding and
anticipated County match for the submitted Bridge Investment Program
grant application to the United States Department of Transportation,
Federal Highway Administration for the replacement of Beckett Bridge
over Whitcomb Bayou in the City of Tarpon Springs.
Recommendation:
Ratification of the revisions made to the requested grant funding and
anticipated County match for the submitted Bridge Investment Program
grant application to the United States Department of Transportation,
Federal Highway Administration for the replacement of Beckett Bridge
over Whitcomb Bayou in the City of Tarpon Springs.
·
Legistar Item 24-0163A was approved by the Board of County
Commissioners (Board) on March 5, 2024, directing the County
Administrator to submit the grant application. Requested grant
funding in the amount of $21,313,600.00 (80%), with an
anticipated non-federal match of $5,328,400.00 (20%).
Legistar Item 24-0180D was approved by the County
Administrator on March 18, 2024. Requested grant funding and
anticipated County match increased after Board approval.
Requested grant funding is now $26,455,200.00 (80%), and
anticipated County match is $6,613,800.00 (20%).
·
·
·
·
Final completed grant application was submitted on March 19,
2024, and has been presented to the Board.
These increases from Legistar Item 24-0163A to Legistar Item 24
-0180D require ratification.
The total project cost is approximately $33,069,000.00, with
anticipated grant funding received being $26,455,200.00; County
match is $6,613,800.00. This includes an anticipated pass-thru of
$3,925,000.00 to Tarpon Springs for Utilities Relocation (The
Florida Department of Transportation has agreed to pay
$3,850,000.00 towards the utility relocation. Tarpon Springs will
assume responsibility for identifying a financial source to cover
the difference) and $29,144,000.00 for Bridge Construction,
Beckett Bridge Replacement (001037A).
·
·
Beckett Bridge Replacement (001037A) is budgeted in the Fiscal
Year (FY) 2024-2029 Capital Improvement Program plan. It is
funded by Local Infrastructure Sales Surtax (Penny for Pinellas)
and Impact Fees.
As proposed in the FY25-30 Capital Improvement Plan, there is
$29,144,000.00 in Penny for Pinellas for the construction of
Beckett Bridge. Should this grant be awarded, this will result in a
$22,530,200.00 savings in the Penny for Pinellas, after the
County’s $6,613,800.00 grant contribution.