title
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, APPROVING AND AUTHORIZING THE PROPER CITY OFFICIALS TO EXECUTE A STATE REVOLVING FUND AMENDMENT 1 TO LOAN AGREEMENT SW0624B0 BETWEEN THE CITY OF POMPANO BEACH AND THE STATE OF FLORIDA DEPARTMENT OF ENVIRONMENTAL PROTECTION; PROVIDING AN EFFECTIVE DATE
(Fiscal Impact: N/A)
staffcontact
(Staff Contact: Nathaniel Watson/Mondy Claude)
summary
Summary Explanation/Background:
On January 9, 2024, city officials approved Resolution 2024-55, which authorized the Utilities Department to apply for and accept a $4,735,500 loan from the State of Florida Department of Environmental Protection under the State Revolving Fund (SRF) for the South Riverside Drive Stormwater Improvement Project (SW0624B0).
We have encountered delays in acquiring a utility easement for the pump station outfall and are still waiting for the Army Corps of Engineers (ACOE) to issue the necessary permits. Due to these circumstances, we are requesting an extension to update the project's completion date from October 15, 2025, to February 15, 2027.
Origin of request for this action: Utilities
Fiscal impact and source of funding: N/A
pagebreak1
strategicplan_emblem_field
pagebr
strategicplan_description_field