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Agenda Item # 13.B.
City Commission Regular Meeting - 5:05 PM
Meeting Date:
09/15/2025
Re
Resolution 25-R66 - Interlocal Funding Agreement for Indian River Drive Corridor Improvement Project
Submitted For:
Shyanne Harnage

SUBJECT:

Resolution 25-R66 Entering an Interlocal Funding Agreement Between the FPRA and the City of Fort Pierce for the Indian River Drive Corridor Improvements Project

SUMMARY:

Resolution 25-R66 approves an Interlocal Funding Agreement between the Fort Pierce Redevelopment Agency (FPRA) and the City of Fort Pierce to support the Indian River Drive Corridor Improvements project. The project, extending from Seaway Drive to Marina Way, includes roadway, streetscape, and public infrastructure upgrades consistent with the goals of the Fort Pierce Redevelopment Plan.

The City has secured multiple funding sources for this project, including the Florida Job Growth Infrastructure Grant, infrastructure surtax funds, and road impact fees. The FPRA has committed to contribute up to $3,000,000 toward the project. The Interlocal Funding Agreement ensures coordination between the City and FPRA and outlines the terms of the FPRA contribution.

RECOMMENDATION:

Approve Resolution 25-R66

ALTERNATIVES:

Deny or amend Resolution 25-R66

RESPONSIBLE STAFF:

Shyanne Harnage, Community and Economic Development Director

COORDINATED WITH:

Engineering
City Attorney's Office

Fiscal Impact

OTHER INFORMATION:

There is no city funding associated with this Interlocal Funding Agreement. The Agreement outlines the FPRA's contribution of up to $3,000,000 toward the Indian River Drive Corridor Improvements Project. The City's funding sources for the project will be approved separately in connection with the construction contract.

Attachments

Form Review

Inbox Reviewed By Date
Finance Department Johnna Morris 09/04/2025 12:42 PM
City Manager Richard Chess 09/04/2025 02:15 PM
Form Started By:
Shyanne Harnage
Started On:
08/27/2025 03:07 PM
Final Approval Date:
09/04/2025