Budget Impact. The rental fee provided for in the agreement is for One Hundred Seventy dollars ($170.00) per month. This is a total annual airport revenue of $2,040.00.
Budget Impact. The amounts for which contract authority is requested are included in the Adopted Capital Program Budget for FY2020-21 ($36,903,645).
Budget Impact. During the trial period the Corporation will monitor Suppression Fire Fighters costs including overtime costs. In reviewing overtime such costs may be broken down as follows: call-back, after-shift meetings, training, education, shift exchanges, lieu days, absence replacement and any other matter that the Corporation may deem appropriate. Vehicle maintenance will be evaluated and compared against previous years to determine increased costs and occurrences. The parties agree that the trial period will not result in any additional costs to the Corporation; excluding inflationary and agreed to costs.
Budget Impact. Grant funding to reimburse for a portion of the acquisition costs of the property (up to $900,000 per the Interlocal Agreement with Pinellas County). Past Action: Commission approval on October 20, 2020 for the City of Dunedin to submit an application with Pinellas County to the Florida Communities Trust for the acquisition of Xxxxxx X. Xxxxxxx Xxxxxxxx. Next Action: N / A Attachments: A . FCT Grant Agreement - F2104 (Approved as to Form).pdf, Background: On October 20, 2020, the City Commission provided direction and approval to City staff to pursue the acquisition of the Xxxxxx X. Xxxxxxx Xxxxxxxx, and to work in partnership with Pinellas County to submit a grant application to the Florida Communities Trust (FCT). On December 15, 2020, the City of Dunedin and Pinellas County submitted a joint grant application to the State of Florida, Department of Environmental Protection (DEP). On November 29, 2021, the Florida Communities Trust notified applicants the priority list had been approved and the Xxxxxx X. Xxxxxxx Preserve application had been formally selected for funding. On February 4, 2022, the City of Dunedin and Pinellas County received the FCT grant agreement. The grant will provide 40% of the eligible costs of the appraised value of the property, and acquisition costs not to exceed $2,400,000. The terms of the agreement include various obligations by Pinellas County and the City of Dunedin for the use and development of the property. These obligations include the development of a fishing pier, canoe / kayak launch, picnic shelter, observation platform, nature museum, trails, interpretive kiosks, nature programs, connectivity to adjacent neighborhoods, and vegetative enhancements. An existing Interlocal Agreement with Pinellas County outlines the respective responsibilities of each party as it relates to park development and maintenance activities. The agreement stipulates the first $1,500,000 of FCT funds shall go to Pinellas County, with any remaining funds to the City of Dunedin. The Pinellas County Board of County Commissioners will also be voting to approve the FCT grant agreement on March 8, 2022. The FCT grant agreement stipulates the park amenities shall be constructed and the facilities shall be open to the public within three (3) years of receiving the funds. The Agreement will begin upon execution by both parties, and the FCT agrees to make funding available for one (1) year after the date of execution unless extended or terminated earlier...
Budget Impact. Approval of this Budget Amendment will increase the FY2020-21 Capital Program budget by $2,171,400. All amendment funding will be provided by Caltrans post expenditure. OCTA has agreed to provide a 25% deposit on this Third-Party project on Caltrans' behalf, which will be refunded at the end of the project.
Budget Impact. In that this extends the current costs, the budget impact for this is limited. The current agreement had already taken into account the district’s fiscal situation.
Budget Impact. In consideration for these services, CITY agrees to increase project budget of Phase I cost estimates to be paid to ENGINEER in the amount of $60,726.46. This increase in budget is in addition to the rest of the project budget for Phase I listed in the Original Agreement.
Budget Impact. The land lease rental fee provided for in the agreement is for $1,088.00 per year based on $0.17 per square foot of land lease. The rent payable under the lease is adjusted throughout the twenty year term of the lease based on a Consumer Price Index (CPI) escalator.
Budget Impact. None directly with the approval of the development agreement. There will be costs associated with the cooperative construction agreement with the round a bout. Staff Recommendation: Staff recommends approval of Resolution 43-21. We are an Equal Opportunity Employer The City of Friendliness and Beautiful Parks RESOLUTION NO. 41-21 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF OWATONNA APPROVING A DEVELOPMENT AGREEMENT WITH INDEPENDENT SCHOOL DISTRICT NO. 761 BE IT RESOLVED by the City Council of the City of Owatonna, Minnesota (herein called the “City”) as follows: That the City hereby approves a Development Agreement to be entered into with Independent School District No. 761 for the Owatonna Public Schools Addition and authorizes the Mayor and City Administrator to execute the Development Agreement on behalf of the City. Passed and adopted this day of , 2021, with the following vote: Xxx ; No ; Absent . Approved and signed this day of , 2021. Xxxxxx X. Xxxxx, Mayor ATTEST: Xxxx X. Xxxxx, City Administrator/City Clerk DEVELOPMENT AGREEMENT Project Name: Owatonna Public Schools Addition THIS DEVELOPMENT AGREEMENT (“Agreement”) is entered into as of , 2021, by Independent School District No. 761, a Minnesota municipal corporation, hereinafter referred to as "Developer," its successors and assigns, and the CITY OF OWATONNA, a municipal corporation, hereinafter referred to as "City”:
Budget Impact. The total design contract in the amount $1,316,724 will be paid from a combination of Bonds, Street, and Environmental Services funds. The work includes elements of the identified bond projects for both Willamette Falls Drive and Highway 43. This is being combined to provide better efficiency of funds for similar elements in both corridors. Sustainability Impact: Not applicable. Council Options:
