6.a.
FPRA Regular Meeting
- Meeting Date:
- 01/10/2023
- Re
- Request Approval of Funding for the Oaks at Moore's Creek Phase II Infrastructure Improvements
- Submitted For:
- John Andrews
SUBJECT:
Approval of construction funding in the amount of $212,542.59 to cover costs associated with the Oaks at Moore's Creek Phase II infrastructure improvements.
SUMMARY:
During the 11/15/2021 City Commission Meeting, infrastructure construction funding in the amount of $722,332.69 was authorized to be utilized for the extension of the Means Court roadway and associated subdivision infrastructure improvements. During this meeting, staff identified funding sources except for $212,542.59 which was noted as "to be determined". Based on this information, staff is requesting FPRA Board approve $212,542.59 in construction funding in order to complete the construction of the underground utilities which will service the proposed 15-lot, affordable housing, single-family subdivision.
RECOMMENDATION:
Staff recommends approval.
ALTERNATIVES:
Deny and scale down the number of lots in the development.
RESPONSIBLE STAFF:
Engineering
COORDINATED WITH:
Audria Moore-Wells, Special Projects Coordinator
Fort Pierce Utilities Authority
Fort Pierce Utilities Authority
Fiscal Impact
- Budgeted Y/N:
- N/A
- Fiscal Year:
- FY 22/23
- Account:
- 104-9400-563-100
- Amount:
- $212,542.59
OTHER INFORMATION:
FPRA funding in the amount of $212,542.59 shall be encumbered from Infrastructure Roads and Bridge Account No.104-9400-563-100.