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A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, APPROVING AND AUTHORIZING THE PROPER CITY OFFICIALS TO EXECUTE A STATE HIGHWAY SYSTEM PROJECT FUNDING AGREEMENT BETWEEN THE CITY OF POMPANO BEACH AND THE STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION TO PROVIDE THE TERMS AND CONDITIONS FOR THE RESURFACING OF STATE ROAD A1A FROM NE 5TH STREET TO THE SOUTH END OF HILLSBORO INLET BRIDGE, AND ESTABLISHING FDOT’S FUNDING IN AN AMOUNT UP TO $2,234,651.00; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: $2,234,651 paid to City)
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(Staff Contact: Robert McCaughan)
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Summary Explanation/Background:
The purpose of this resolution is to seek approval of a Project Funding Agreement between FDOT and the City to establish the terms and conditions under which the City will accomplish the pavement resurfacing of State Road A1A, extending from NE 5th Street to the south end of Hillsboro Inlet Bridge. The agreement has a termination date of June 30, 2026 and confirms FDOT funding to the City in the amount of $2,234,651. The amount of FDOT funding may be increased or reduced based on actual bid amounts along with the execution of an amendment to project funding agreement.
Origin of request for this action: FDOT’s District 4
Fiscal impact and source of funding: $2,234,651 paid to City
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d G.O. POMPANO!
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