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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 SECOND AMENDMENT TO THE LOCALLY FUNDED AGREEMENT BETWEEN THE CITY OF POMPANO BEACH AND THE STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION RELATED TO THE DESIGN OF CONSTRUCTION PLANS FOR CONSTRUCTION (MILLING AND RESURFACING) OF MARTIN LUTHER KING, JR. BOULEVARD FROM POWERLINE ROAD TO EAST OF SR-9/I-95; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: $2,972,180.00)
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(Staff Contact: Horacio Danovich)
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Summary Explanation/Background:
Staff is seeking City Commission approval of Amendment Two of a Local Funding Agreement (LFA) between the Florida Department of Transportation (FDOT) and the City. Amendment Two ratifies the City’s commitment to proceed with design and construction of streetscape improvements on Dr. Martin Luther King Jr. Boulevard (Hammondville Road) from I-95 to Powerline Road and allows disbursement of the City’s matching funds in the sum of $2,972,180.00. The funds were pledged by the City as a match towards the total cost of the project. The rest of the funds come from a Transportation Investment Generating Economic Recovery (“TIGER”) grant awarded in 2016. Staff recommends approval.
Origin of request for this action: CIP - Engineering
Fiscal impact and source of funding: $2,972,180.00 - Account # 302-7608-530.65-12 (MLK Boulevard - Construction)
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FDOT - SECOND AMENDMENT - MLK BLVD IMPROVEMENT