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HomeMy WebLinkAbout02-11-2026 Agenda1. CALL TO ORDER 2. MOMENT OF SILENCE 3. PLEDGE OF ALLEGIANCE - Led by Mayor Jones 4. ROLL CALL 5. AGENDA MODIFICATIONS 6. PROCLAMATIONS, AWARDS, BRIEF ANNOUNCEMENTS Friday, February 13th - The Chamber of Commerce Concert in the Park 5:30 - 8:00pm - Swamp Dawg Saturday, February 14th - The Craft Club of Sebastian in Riverview Park - 10:00am - 3:00pm Saturday, February 14th - Air Potato Round Up - Stormwater Park on Englar Drive - 9:00am - 1:00pm Monday, February 16th - City Hall will be closed for Presidents Day Saturday, February 21st - Treasure Coast Astronomical Society will host Star Gaze at Twin Piers in Riverview Park 6:30 - 8:30pm PRESENTATION Sebastian Rotary Club Brewfest Update by Mark Gingras and Pete Anderson 7. PUBLIC INPUT CITY COUNCIL REGULAR MEETING AGENDA WEDNESDAY, FEBRUARY 11, 2026 - 6:00 PM CITY COUNCIL CHAMBERS 1225 MAIN STREET, SEBASTIAN, FLORIDA ALL AGENDA ITEMS MAY BE INSPECTED IN THE OFFICE OF THE CITY CLERK OR ON THE CITY'S WEBSITE Modifications for additions require a unanimous vote of City Council Presentations of proclamations, certificates and awards, and brief timely announcements by Council and Staff. No public input or actions under this heading The heading on Regular Meeting agendas "Public Input" provides and opportunity for individuals to bring NEW INFORMATION OR REQUESTS TO CITY COUNCIL NOT OTHERWISE ON THE PREPARED AGENDA. Individuals are asked to resolve matters with staff prior to meetings. Individuals are asked to provide copies of materials for Council one week prior to the meeting if they intend to refer to specific material. City Council will not debate an issue during Public Input but may by consensus direct a Charter Officer in regard to the item if necessary or place a requested item on a future agenda. 1 8. CONSENT AGENDA A. Consider Approval of December 17, 2025 City Council Minutes B. Consider Approval of January 7, 2026 City Council Workshop & Special Meeting Minutes C. Alcohol Beverage Approval - Bonetti Family D. Alcohol Beverage Approval - Peterson Family 9. COMMITTEE REPORTS & APPOINTMENT 10. PUBLIC HEARINGS 11. UNFINISHED BUSINESS A. Consideration of the proposed “As Is” Property Sales and Purchase Agreement with Spirit of Sebastian, LLC for approximately .68 acres located at Bailey Drive, Sebastian, FL 32958, and authorize the Mayor and City Manager to execute all appropriate documentation. 12. NEW BUSINESS A. Consideration of the approval of the grant agreement with the Florida Communities Trust for the purchase of the Sembler property. B. Consideration of a Purchase Order for Asphalt Paving Systems, not to exceed $42,970.00, for the Phase 4 road repaving project, specifically for the Mastic preservation process, and authorize the City Manager or designee to execute. All items on the consent agenda are considered routine and will be enacted by one motion. There will be no separate discussion of consent agenda items unless a member of City Council so requests; in which event, the item will be removed and acted upon separately. If a member of the public wishes to provide input on a consent agenda item, he/she should request a Council Member to remove the item for discussion prior to start of the meeting or by raising his/her hand to be recognized. Staff Report 12-17-2025 Draft Minutes Staff Report 1-7-2026 Draft Minutes Staff Report Bonetti Family Application and Receipt Staff Report Peterson Family Application and Receipt City committee reports and Council Member regional committee reports. No public input or action except City committee member nominations and appointments under this heading. Staff Report 26-01-ITB AS IS Property Sale and Purchase Agreement Staff Report F2506 Grant Agreement Sebastian Waterfront Park Expansion FCT 24-006-FF25 Site Aerials Staff Report 2 pgs 5-14 pgs 15-19 pgs 20-22 pgs 23-25 pgs 26-35 pgs 36-38 pgs 39-43 C. Consideration of selecting Titan Construction Management LLC for ITB 26-05 Concha and Stonecrop Sheet Piling Repair, Authorization to re-allocate funding from the Schumann Drive Box Culvert project to fund the sheet piling repairs, and authorize the City Manager or designee to issue Purchase Orders up to $756,250.00. D. Consideration of Resolution No. R-26-06 Accepting the 4th Quarter Financial Report and Recognizing Necessary Amendments and Adjustments to the FY 2024-2025 Annual Budget. E. Consideration of Resolution No. R-26-07 Accepting the 1st Quarter Financial Report and Recognizing Necessary Amendments and Adjustments to the FY 2025-2026 Annual Budget. 13. CITY ATTORNEY MATTERS 14. CITY MANAGER MATTERS 15. CITY CLERK MATTERS 16. CITY COUNCIL MATTERS Council Member Matthews Mayor Jones Vice Mayor McPartlan Council Member Nunn Council Member Dodd 17. ADJOURN(All meetings shall adjourn by 9:30 pm unless extended for up to one half hour by a majority vote of City Council). Procurement Justification Asphalt Paving Systems Mastic Quote Staff Report.docx Procurement Justification 26-05-ITB - Notice of Intent and Bid Tabulation Staff Report Resolution No. R-26-06 Staff Report Resolution No. R-26-07 NO STENOGRAPHIC RECORD BY A CERTIFIED COURT REPORTER WILL BE MADE OF THE FOREGOING MEETING. ANY PERSON WHO DECIDES TO APPEAL ANY DECISION MADE BY THE CITY COUNCIL, BOARD OR AGENCY WITH RESPECT TO ANY MATTER CONSIDERED AT THIS MEETING OR HEARING WILL NEED TO ENSURE THAT A VERBATIM RECORD OF THE PROCEEDINGS IS MADE, WHICH RECORD INCLUDES THE TESTIMONY AND EVIDENCE UPON WHICH THE APPEAL IS TO BE HEARD. (F.S.286.0105) IN COMPLIANCE WITH THE AMERICAN WITH DISABILITIES ACT (ADA) OF 1990, ANYONE WHO NEEDS A SPECIAL ACCOMMODATION FOR THIS MEETING SHOULD CONTACT THE CITY’S ADA COORDINATOR AT 388-8226 – ADA@CITYOFSEBASTIAN.ORG AT LEAST 48 HOURS IN ADVANCE OF THIS MEETING 3 pgs 44-49 pgs 50-54 pgs 55-62 Regular City Council Meetings Public input is ALLOWED under the headings: Consent Agenda Public Hearings Unfinished Business New Business Public Input Public input is NOT ALLOWED under the headings: Proclamations, Awards, Brief Announcements (except for individuals giving or accepting proclamations or awards) Committee Reports and Appointments (except for committee members giving reports and applicants being interviewed for committee appointments) City Council Matters Charter Officer Matters Council may, by majority vote, call upon an individual to provide input if desired. Workshops and Special Meetings Public input is limited to the item on the agenda Time Limit Input on agenda items where public input is permitted on agendas is THREE MINUTES; however, City Council may extend or terminate an individual’s time by majority vote of Council members present. Input Directed to Chair Speakers shall address the City Council IMMEDIATELY PRIOR TO CITY COUNCIL DELIBERATION of the agenda item and ALL INPUT SHALL BE DIRECTED TO THE CHAIR, unless answering a question of a member of City Council or City staff. Individuals shall not address City Council after commencement of City Council deliberation on an agenda item after public input has concluded, providing, however, the Mayor and members of City Council may recall an individual to provide additional information or to answer questions. Certain Remarks Prohibited Personal, impertinent, and slanderous remarks, political campaigning, and applauding are not permitted and may result in expulsion from the meeting. The Chair shall make determinations on such remarks, subject to the repeal provisions below. Appealing Decisions of Chair Any member of Council may appeal the decision of the Chair to the entire Council. A majority vote of City Council shall overrule any decision of the Chair. Public Input Heading on Agenda The heading on Regular Meeting agendas “Public Input” provides an opportunity for individuals to bring NEW INFORMATION OR REQUESTS TO CITY COUNCIL NOT OTHERWISE ON THE PREPARED AGENDA. Individuals are asked to attempt to resolve matters with staff prior to meetings. Individuals are asked to provide copies of material for Council one week prior to the meeting if they intend to refer to specific material. City Council will not debate an issue during Public Input but may by consensus direct a Charter Officer in regard to the item if necessary or place a requested item on a future agenda. 4 CITY OF SEBASTIAN CITY COUNCIL STAFF REPORT DATE February 11, 2026 TO Honorable Mayor and City Council THRU Brian Benton, City Manager FROM Cathy Testa, Acting City Clerk SUBJECT Consider Approval of December 17, 2025 City Council Minutes EXECUTIVE SUMMARY Draft minutes of the December 17, 2025 City Council Minutes are presented for review. RECOMMENDATION Request changes if necessary. Consider approval of minutes. ATTACHMENTS: 1. December 17, 2025 Draft City Council Minutes FUNDING SOURCE: Expenditure required Amount Budgeted: Funding source N/A N/A N/A Additional Funds Needed: $ 0.00 5 6 7 • • 8 • • • 9 10 11 12 13 14 CITY OF SEBASTIAN CITY COUNCIL STAFF REPORT DATE February 11, 2026 TO Honorable Mayor and City Council THRU Brian Benton, City Manager FROM Cathy Testa, Acting City Clerk SUBJECT Consider Approval of January 7, 2026 City Council Workshop & Special Meeting Minutes EXECUTIVE SUMMARY Draft minutes of the January 7, 2026 City Council Workshop & Special Meeting Minutes are presented for review. RECOMMENDATION Request changes if necessary. Consider approval of minutes. ATTACHMENTS: 1. January 7, 2026 Draft City Council Workshop & Special Meeting Minutes FUNDING SOURCE: Expenditure required Amount Budgeted: Funding source N/A N/A N/A Additional Funds Needed: $ 0.00 15 SEBASTIAN CITY COUNCIL WORKSHOP & SPECIAL MEETING MINUTES WEDNESDAY JANUARY 7, 2026 – 1:30 P.M. CITY COUNCIL CHAMBERS 1225 MAIN STREET, SEBASTIAN, FLORIDA 1. Mayor Jones called the Workshop to order at 1:30 p.m. 2. The Pledge of Allegiance was recited. 3. ROLL CALL Mayor Fred Jones Vice Mayor McPartlan Council Member Christopher Nunn Council Member Ed Dodd Council Member Sherrie Matthews Staff Present: Interim City Attorney James Stokes Acting City Clerk Cathy Testa Recording Secretary Bridget Eakins 4. WORKSHOP ITEM Before beginning the interviews, Major Jones addressed the council and asked whether members of the public participating via Zoom should be permitted to ask questions during the workshop. By consensus, the council agreed that public participation would occur during the 5:01 p.m. special meeting, not during the workshop portion, which was reserved for council deliberation and candidate interviews. A. Conduct Individual City Attorney Interviews i. Manny Annon Jr. Mr. Manny Annon Jr. appeared before the council and delivered an opening statement outlining his qualifications and professional background. He summarized his legal career, which has been largely focused on public-sector law. Mr. Annon noted that he began clerking during law school and later worked as a litigator for the City of Miami. He went on to represent government employees in labor and employment matters across multiple jurisdictions, including cities, school boards, and counties. 16 Sebastian City Council Workshop & Special Meeting City Attorney Interviews and Selection January 7, 2026 Page 2 Mr. Annon highlighted his prior service as a Senior City Attorney for Port St. Lucie, where he handled a broad range of municipal matters, including labor and employment issues and code enforcement board proceedings. He also emphasized his previous tenure as City Attorney for the City of Sebastian, where he served for over three years, followed by service with the City of Melbourne. In addition to his civilian legal experience, Mr. Annon discussed his 22-plus-year military career, including three overseas deployments to Afghanistan, Iraq, and Qatar. He retired in 2021 with the rank of Lieutenant Colonel and served as a Command Judge Advocate advising senior leadership. Mr. Annon stressed his familiarity with the City of Sebastian’s operations, departments, boards, and charter officers, stating this would allow him to "hit the ground running" if selected. He discussed experience advising on public records law (Chapter 119, Florida Statutes), the Sunshine Law (Chapter 286), elections law, charter review processes, and code enforcement matters. He also referenced his participation with the Florida League of Cities and explained how that involvement provides early insight into legislative changes affecting municipalities. Council members asked questions and offered comments regarding Mr. Annon’s prior performance, communication style, and lessons learned from his time in Melbourne. Mr. Annon stated that he would emphasize more proactive communication with the City Manager and department heads, including regular meetings, if appointed. He confirmed his willingness to attend board and committee meetings as needed and to provide ongoing legal education to staff and board members. When asked about longevity, Mr. Annon stated he was committed to serving the city for a minimum of five years. He also addressed his approach to retaining outside counsel, explaining that such decisions would be brought before council for approval and typically limited to conflicts of interest or highly specialized matters, with appropriate cost controls. ii. John J. Anastasio 1:50 pm Mr. John J. Anastasio then appeared before the council and provided a brief opening statement. He explained that he reapplied for the position due to his interest in the City of Sebastian and his belief that he would be a good professional fit for the governing body. Mr. Anastasio emphasized the importance of compatibility between the City Attorney and council. Mr. Anastasio discussed his extensive legal career, spanning more than four decades, and described himself as a generalist with experience across numerous areas of law. He noted prior experience advising multiple municipalities earlier in his career and emphasized stability, stating he was not seeking short-term employment and had no defined end date for service. 17 Sebastian City Council Workshop & Special Meeting City Attorney Interviews and Selection January 7, 2026 Page 3 Council members questioned Mr. Anastasio regarding his approach to managing outside counsel. Mr. Anastasio replied that he would establish litigation budgets, closely monitor billing, and require adherence to defined guidelines. He further outlined his intention to provide structured legal training to boards, committees, and staff, including Sunshine Law, public records compliance, and quasi-judicial procedures, with both initial and periodic refresher sessions. Mr. Anastasio also addressed how he would manage competing legal demands from various City departments, explaining that prioritization would occur in coordination with the City Manager and Council. He stated that he would communicate directly, impartially, and professionally when identifying legal concerns that require attention. Council members asked Mr. Anastasio to clarify who he views as his client if appointed. He responded that his client would be the people of the City of Sebastian, as represented by the elected City Council, and that his role would be to advise Council, the City Manager, and department heads accordingly. 5. Mayor Jones adjourned the City Council Workshop at 1:59 p.m. 6. Mayor Jones reconvened the Special City Council Meeting to order at 5:01 p.m. 7. Roll Call Mayor Fred Jones Vice Mayor McPartlan Council Member Christopher Nunn Council Member Ed Dodd Council Member Sherrie Matthews Staff Present: Interim City Attorney James Stokes Acting City Clerk Cathy Testa Dorri Bosworth Recording Secretary Bridget Eakins 8. Discuss and Select New City Attorney Mayor Jones reconvened in special session for deliberation regarding the City Attorney appointment. Following the Pledge of Allegiance, Council discussed the interviews and potential next steps. Council members expressed appreciation for both candidates and acknowledged that each brought valuable experience and qualifications. However, several members voiced concerns about long-term fit, financial constraints, and whether the current candidate pool fully met the city’s needs. 18 Sebastian City Council Workshop & Special Meeting City Attorney Interviews and Selection January 7, 2026 Page 4 Council discussed the city’s ability to compete financially with larger municipalities and noted that the city was not under immediate pressure to make a permanent appointment due to the continued availability of Interim City Attorney Stokes. Members also discussed the value of stability and continuity, as well as the potential cost, both financial and operational, of frequent turnover in the City Attorney position. During the discussion, the council identified an alternative option that had not been fully considered before the interviews. Members expressed interest in further evaluating that option, along with the existing candidates, before making a final decision. Council members emphasized that tabling the matter was not a rejection of the candidates but rather a desire to make a fully informed decision. MOTION by Council Member Dodd and SECOND by Council Member Nunn to postpone this item until the January 28th meeting. Roll call: Council Member Nunn - aye Council Member Matthews - aye Council Member Dodd - aye Vice Mayor McPartlan - aye Mayor Jones - aye Motion carried. 5-0 9. Being no further business, Mayor Jones adjourned the Special Meeting at 5:13 p.m. Approved at the February 11, 2026 Regular City Council Meeting. _______________________________________ Mayor Fred Jones ATTEST: ________________________________________ Catherine E. Testa, Acing City Clerk 19 20 21 22 23 24 25 CITY OF SEBASTIAN CITY COUNCIL STAFF REPORT DATE February 11, 2026 TO Honorable Mayor and City Council THRU Brian Benton, City Manager FROM Jessica Graham, Procurement Manager SUBJECT Consideration of the proposed “As Is” Property Sales and Purchase Agreement with Spirit of Sebastian, LLC for approximately .68 acres located at Bailey Drive, Sebastian, FL 32958, and authorize the Mayor and City Manager to execute all appropriate documentation. EXECUTIVE SUMMARY On December 17th, the City Council accepted ITB 26-01 for the Sale of Surplus Land - Bailey Drive, Sebastian, FL 32958. Staff has worked with Spirit of Sebastian representatives to finalize the proposed agreement. Once the agreement is fully executed, the property closing shall take place within 45 days. RECOMMENDATION Staff Recommends City Council approve the proposed “As Is” Property Sales and Purchase Agreement with Spirit of Sebastian, LLC for approximately .68 acres located at Bailey Drive, Sebastian, FL 32958, and authorize the Mayor and City Manager to execute all appropriate documentation. ATTACHMENTS: 1. 26-01-ITB AS IS Property Sale and Purchase Agreement FUNDING SOURCE: Expenditure required Amount Budgeted: Funding source N/A N/A N/A Additional Funds Needed: $ 0.00 26 Page 1 of 9 “AS IS” PROPERTY SALE AND PURCHASE AGREEMENT Bailey Drive, Sebastian, FL 32958 Parcel ID: 31391800001000100002 Parties: CITY OF SEBASTIAN, a municipal corporation of the State of Florida, whose address is 1225 Main Street, Sebastien, FL 32958, “CITY” AND SPIRIT OF SEBASTIAN, LLC, a Florida limited liability company, 6655 49th Street Vero Beach, FL 32967, "PURCHASER,” hereby agree that CITY shall sell and PURCHASER shall purchase the following described property, situate, lying and being in Indian River County, Florida, all of which is referred to as the “PROPERTY,” upon the terms and conditions hereinafter set forth: LEGAL DESCRIPTION ARTICLE 1. TERMS AND CONDITIONS OF PURCHASE A. Purchase Price: a. $166,000.00 B. Proceeds of Sale: The purchase price shall be paid at closing by wire transfer or cashier’s check drawn on a Florida state-authorized or state-chartered financial institution, payable to CITY, less any credits to PURCHASER, pursuant to any adjustments necessitated by prorations of any sums agreed to be prorated between the parties, if any. 27 Page 2 of 9 C. Proposal Submission: The proposal submitted by the PURCHASER, in response to ITB 26-01, is hereby incorporated as a part of this Agreement (Exhibit “A”). Approval of sale is based on t he proposed price. ARTICLE 2. PRORATION A. Taxes: PURCHASER will be responsible for prorated taxes due at closing for the remainder of the year once property is transferred, such taxes determined as of the date of closing. PURCHASER will be responsible for the next annual tax bill and all applicable taxes due in future years. B. Special Assessment Liens: Any certified special assessment liens due and owing shall be paid by the City at the time of closing. The City represents to the best of its knowledge that there are no pending liens at this time affecting the Property which have been made by the City and to the best of its knowledge, there are no other pending liens affecting the property. However, if at the time of closing there shall be new or pending liens, PURCHASER shall assume the same. C. Other Proration: Any rents, revenues, unearned insurance premiums, liens, or other charges to be prorated shall be prorated as of the date of closing, provided that in the event of an extension of the date of closing, at the request of or through the fault of either party, these pro-rations shall be re-calculated using the new date of closing. ARTICLE 3. TIME AND PLACE OF CLOSING It is agreed that this transaction shall be closed, and the PURCHASER shall pay the purchase price as provided herein above, and CITY shall execute all papers or documents necessary to be executed by CITY under the terms of this Agreement on or before the 60th day after execution of the Agreement by the PURCHASER, at the office of the City Attorney or the Closing Agent’s Office, or at such other place as CITY may designate. Unless otherwise agreed upon in this Agreement, possession and occupancy will be delivered to PURCHASER at the time of closing. ALL CLOSING COSTS, INCLUDING CLOSING AGENT COSTS, SHALL BE BORNE BY PURCHASER. ARTICLE 4. EFFECTIVE DATE The Effective Date shall be the last date of execution by PURCHASER or CITY. All time periods shall be calculated commencing the day after the Effective Date unless specified herein. Any modification amendment, or alteration thereto, shall not be effective or binding upon any of the parties hereto until it is approved in writing by both the PURCHASER and the City Council and executed by the City’s Mayor, Manager, Clerk and Attorney. ARTICLE 5. PROPERTY SOLD “AS IS” CITY shall convey the property in its present "as is" condition, with the exception of Governmental and Related Matters and Environmental Hazards, described below. CITY has not made and does not make any representations as to the physical condition, expenses, operation, title or any other matter or thing affecting or related to the property, except as specifically set forth in this 28 Page 3 of 9 Agreement. CITY makes no warranties other than marketability of title and will make no repairs. PURCHASER acknowledges that all representations which CITY has made, if any, and upon which PURCHASER relied in making this Agreement, have been included in this Agreement. All understandings and agreements heretofore had between the parties are merged in this Agreement, which alone fully and completely expresses their agreement, and the same is entered into after full investigation, neither party relying upon any statement, representation, express or implied warranties, guarantees, promises, statements, representation or information, not embodied in this Agreement, made by the other, or by any real estate broker, agent, employee, servant or other person representing or purporting to represent CITY. In the event of destruction or damage to the Property prior to the date of closing, either party shall have the option to terminate this Agreement upon giving written notice to the other party and declare the transaction to be null and void and of no further force or effect so that PURCHASER shall thereupon receive a refund of the Deposit and be relieved of any and all liability hereunder so long as PURCHASER’s willful acts or gross negligence were not the cause of such damage or destruction. ARTICLE 6. INSPECTION PERIOD AND RIGHT TO CANCEL PURCHASER shall have forty-five (45) days from the Effective Date, (the “Inspection Period”), within which to have such inspections of the Property performed, at PURCHASER’S expense. PURCHASER shall be responsible for prompt payment for any such inspections and repair of damage to and restoration of the Property resulting from such inspections. PURCHASER shall have the opportunity to inspect the Property, so that PURCHASER is thoroughly acquainted with the Property’s condition, and shall take the Property “as is” if this transaction proceeds to closing. If PURCHASER determines, in PURCHASER’s sole discretion, that the condition of the Property is not acceptable to PURCHASER, PURCHASER may, at any time prior to the end of the Inspection Period, cancel the Agreement by delivering written notice of such election to CITY. If PURCHASER timely cancels the Agreement, the Deposit paid shall be immediately returned to PURCHASER; thereupon, PURCHASER and CITY shall be released of all further obligations under the Agreement, except as provided in Subparagraph B, above, only to the extent that PURCHASER or PURCHASER’s agents have engaged in activities on the Property which have resulted in liens being filed against the Property. PURCHASER’s failure to give written notice to CITY prior to or on the thirtieth (30th) day of the Inspection Period shall be deemed a waiver of PURCHASER’s right to terminate this Agreement under the terms of this Paragraph. ARTICLE 7. Bid Bond The bid Bond in the sum of sixteen thousand six hundred dollars ($16,600.00), shall, at the closing, be returned to the PURCHASER. This Agreement shall supersede any term or condition in conflict with PURCHASER’s bid documentation. ARTICLE 8. CONVEYANCE AND TRANSFERS The real property herein described shall be conveyed to PURCHASER by a properly executed and acknowledged Warranty Deed subject to: (1) taxes for year of closing and subsequent years; (2) zoning and/or restrictions and prohibitions imposed by governmental authority; (3) restrictions and other matters appearing on the plat and/or common to the subdivision; (4) utility easements 29 Page 4 of 9 of record, provided said easements do not reasonably interfere with the intended use of the property; and (5) other matters specified in this Agreement, including mortgages to be assumed by PURCHASER and Purchase Money Mortgages, if any. ARTICLE 9. SURVEY PURCHASER, at PURCHASER’S expense, may have the Property surveyed and certified by a Registered Florida Surveyor and shall have said sealed survey delivered to CITY during the Inspection Period. If the survey shows encroachments on the Property or that improvements located on Property encroach on setback lines, easements, lands of others or violates any restrictions, the covenants herein or applicable governmental regulations, the same shall constitute a title defect as provided for hereinafter in paragraph entitled “Examination and Approval of Title.” ARTICLE 10. DOCUMENTARY STAMPS AND TANGIBLE TAXES AND RECORDING COSTS PURCHASER shall cause to be placed upon the Warranty Deed conveying the Property, state surtax and documentary stamps as required by law. CITY shall pay all tangible personal property taxes and the cost of recording any corrective instruments reasonably necessary to assure good and marketable title. CITY shall also execute a bill of sale conveying marketable title to any personal property owned by the CITY on the Property at the time of closing to PURCHASER. In a form acceptable to the City Attorney. PURCHASER shall pay for the cost of recording the warranty deed. ARTICLE 11. PERSONS BOUND The benefits and obligations of the covenants herein shall inure to and bind the respective heirs, personal representatives, successors and assigns (where assignment is permitted) of the parties hereto. Whenever used, the singular number shall include the plural, the singular, and the use of any gender shall include all Genders. ARTICLE 12. TIME OF THE ESSENCE It is hereby understood and agreed between the parties that time is of the essence throughout this Agreement. ARTICLE 13. DEFAULT A. Default by Purchaser: In the event PURCHASER fails to perform this Agreement or the terms herein as outlined, after and including any applicable cure periods, CITY may elect to terminate this Agreement and pursue any remedies available by law, including an action for damages or specific performance and may elect to retain the deposit by PURCHASER as liquidated damages without waiving any other remedies. B. Default by CITY: If, for any reason other than failure of CITY to make title marketable after diligent effort, CITY fails, neglects or refuses to perform this Agreement, the PURCHASER may elect to receive the return of PURCHASER’s deposit without thereby waiving any action for damages or specific performance resulting from CITY’s breach. 30 Page 5 of 9 ARTICLE 14. MECHANICS’ LIENS CITY hereby represents and warrants to PURCHASER that as of the effective date of this Agreement, there are no claims or potential claims for mechanic’s liens, either statutory or at common law, and that neither CITY nor CITY’s agent has caused to be made on the Property within ninety (90) days immediately preceding the effective date of this Agreement, any improvement which could give rise to any mechanic’s lien. CITY shall furnish to PURCHASER at time of closing an affidavit in the form approved by the City Attorney. CITY shall deliver releases or waivers of all mechanic’s liens, executed by general contractors, subcontractors, suppliers or materialmen, in addition to CITY’s mechanic’s lien affidavit, setting forth the names of all such general contractors, subcontractors, suppliers and materialmen, and further reciting that, in fact, all bills for work to the Property which could serve as the basis for a mechanic’s lien, have been paid. ARTICLE 15. BROKER’S COMMISSION City and PURCHASER hereby represent and warrant to each other that they have not dealt with any broker. If applicable, CITY and PURCHASER agree to hold each other harmless from any claim or demand for commissions made by or on behalf of any broker or agent in connection with this purchase and sale. ARTICLE 16. MODIFICATION This Agreement supersedes all prior negotiations, correspondence, conversations, agreements or understandings applicable to the matters contained herein; and the p arties agree that there are no commitments, agreements or understandings concerning the subject matter of this Agreement that are not contained in this document. Accordingly, it is agreed that no deviation from the terms hereof shall be predicated upon any prior representations or agreements whether oral or written. It is further agreed that no modification, amendment or alteration in the terms or conditions contained herein shall be effective unless contained in a written document executed by CITY and PURCHASER with the same formality and of equal dignity herewith. ARTICLE 17. EXAMINATION AND APPROVAL OF TITLE The parties acknowledge that Professional Title of the Treasure Coast, Inc (“Title Company”), whose address is 1546 US-1, Sebastian, FL 32958 (772) 589-3231 (Attention: Cindy Rich) shall serve as the closing agent and shall collect all sums and disburse all payments and record all documents needed to complete the transfer of title to the Property from CITY to PURCHASER. PURCHASER shall obtain a Commitment for an ALTA fee owner’s policy of title insurance (“Title Commitment”) to be issued at closing (or as soon as possible thereafter) without standard exceptions, in the amount of the total Purchase Price, which Title Commitment shall bear a date after the date hereof, wherein the Title Company shall agree to insure the title in the condition required hereunder as marketable title, subject only to encumbrances and matters that are permitted which include the following: (1) requirements, approvals, ordinances, regulations, restrictions, prohibitions or other matters issued by a governmental entity, including, but not 31 Page 6 of 9 limited to such matters that involve land use, zoning, water retention, or storm water management; (2) matters appearing on a plat of record or common to a subdivision in which the Property exists, other than plats that may have existed previously but are not part of the current development plan; (3) taxes for the year of closing, not yet due and payable, and subsequent years. The Title Commitment shall be procured by the PURCHASER, and obtained by PURCHASER within thirty (30) days after the Effective Date of the Agreement from Title Company. PURCHASER shall pay the cost thereof as well as the cost of any update. PURCHASER shall have the later of either: fifteen (15) days from the date of receiving said Title Commitment or the last day of the Inspection Period to examine the Title Commitment. Failure of PURCHASER to timely obtain title information shall not extend the time for closing. If title is found to be defective due to conditions or restrictions other than those set forth herein, which adversely affect title to the Property and render title unmarketable and uninsurable, PURCHASER shall, within said period, notify the City Attorney in writing, specifying the defects. If the said defects, other than those set forth herein, adversely affect title to the Property and render title unmarketable and uninsurable, the CITY shall have one hundred twenty (120) days from receipt of such notice to cure the defects, and if after said period the CITY shall not have cured the defects, PURCHASER shall have the option of (1) accepting the title as it then is, or (2) demanding a refund of all monies paid hereunder which shall forthwith be returned to PURCHASER, and thereupon the PURCHASER and the CITY shall be relieved of all further obligations and duties under this Agreement. ARTICLE 18. ENVIRONMENTAL HAZARDS CITY represents that CITY has no underground storage containers or buried barrels or drums of any kind in or on the Property and does not and has not conducted hazardous or toxic substances activity. At PURCHASER’s option within five (5) days from the Effective Date, PURCHASER may, at PURCHASER’s expense, apply for a Phase I Environmental Property Assessment upon the Property and any improvements upon the Property by a Florida licensed environmental engineer. PURCHASER shall forthwith deliver to CITY a copy of all resulting environmental reports. If a Phase I inspection reveals an environmental hazard or if a lender requires a Phase II or III investigation, PURCHASER shall deliver written notice of the requirement to the CITY and CITY may elect within FIVE (5) days from receipt of the notice to conduct the investigation at CITY’s expense. If CITY elects not to conduct the investigation, either party may terminate this Agreement. If CITY elects to pay for and make corrective measures required by law, PURCHASER shall either extend closing or CITY shall escrow the amount necessary to complete the cleanup. CITY shall have ninety (90) days after Notice to complete cleanup. If the problem has not been resolved by that time, however, either party may agree to extend the closing for an additional length of time or the Agreement may be terminated by either party. ARTICLE 19. GOVERNMENTAL AND RELATED MATTERS CITY warrants and represents that to the best of its knowledge the Property in its present condition is not in violation of any governmental regulations. All improvements to the Property have been properly permitted. To the extent that any aspect of the Pr operty is in violation with all such governmental regulations, then PURCHASER shall give written 32 Page 7 of 9 notice to CITY and CITY shall have sixty (60) days to remedy the defect. If after the expiration of the said sixty (60) day period CITY has been unable to remedy said defects, PURCHASER may cancel the Agreement, whereupon PURCHASER’s deposit shall be refunded. In the alternative, PURCHASER may accept the Property in its present condition. CITY shall make a due diligent, good faith effort to bring the Property i nto compliance with all governmental regulations. CITY’s warranties herein contained in this Agreement shall not survive the closing of this transaction. ARTICLE 20. GROWTH MANAGEMENT ACT The PURCHASER is hereby advised that the State of Florida has a dopted a Growth Management Act which could affect the future development of the Property regardless of the present zoning classification. The CITY and broker, if any, disclaims any liability for the consequences arising from the application of said act. PU RCHASER is advised to contact the appropriate governmental agency or department with jurisdiction over the Property. The CITY and broker, if any, makes no representations to the PURCHASER as to the impact of the Growth Management Act on the Property. ARTICLE 21. CONSTRUCTION CONTROL LINE If all or part of the property is located seaward of the Coastal Construction Control Line as defined in Florida Statute 161.053, it is subject to government regulation. Florida law requires CITY to provide PURCHASER with an affidavit, or a survey meeting the requirements of chapter 472 of the Florida Statutes, delineating the location of the CCCL on the Property at or prior to closing. ARTICLE 22. NOTICE AND TIME Notice given by or to the Attorney for either party sh all be effective as if given by or to said party. Any reference to time periods of less than six (6) days shall, in the computation thereof, exclude Saturdays, Sundays and legal holidays, and any time period which shall end on a Saturday, Sunday or legal holiday shall extend to 5:00 o’clock P.M. on the next full business day. ARTICLE 23. FIRPTA All parties are advised that the I.R.S. Code requires the PURCHASER to withhold ten percent (10%) of the sales price for tax on sales by certain foreigners. T he tax will be withheld unless affidavits of compliance with the I.R.S Code or an I.R.S. qualifying statement are provided to PURCHASER at closing. ARTICLE 24. ATTORNEY’S FEES AND COSTS/WAIVER OF JURY TRIAL / VENUE / APPLICABLE LAW A. In any litigation (including all appeals) arising out of this Contract involving CITY and PURCHASER, the prevailing party shall be entitled to recover all reasonable costs incurred, with each party retaining responsibility for their own attorney’s fees. 33 Page 8 of 9 B. In the event of any litigation, the parties agree to waive any right to trial by jury. C. In the event of litigation, the parties agree that the jurisdiction shall be in the appropriate courts in and for Indian River County, Florida. D. In the event of litigation arising hereunder, the parties agree that the applicable law shall be the laws of the State of Florida. ARTICLE 25. INTEREST No interest shall be paid to the CITY or PURCHASER on deposits or on mortgage proceeds or closing proceeds not disbursed to CITY at closing. ARTICLE 26. SURVIVOR OF COVENANTS All covenants, grants, representations and warranties contained herein shall survive closing and delivery of the deed. ARTICLE 27. EXECUTION; RADON GAS This document, consisting of nine (9) pages, shall be executed and serve as the Sale and Purchase Agreement between parties mentioned herein. Radon Gas. In compliance with Florida Statutes Section 404.056, PURCHASER is hereby made aware of the following: RADON IS A NATURALLY OCCURRING RADIOACTIVE GAS THAT, WHEN IT HAS ACCUMULATED IN A BUILDING IN SUFFICIENT QUANTITIES, MAY PRESENT HEALTH RISKS TO PERSONS WHO ARE EXPOSED TO IT OVER TIME. LEVELS OF RADON THAT EXCEED FEDERAL AND STATE GUIDELINES HAVE BEEN FOUND IN BUILDINGS IN FLORIDA. ADDITIONAL INFORMATION REGARDING RADON AND RADON TESTING MAY BE OBTAINED FROM YOUR COUNTY PUBLIC HEALTH CARE UNIT. 34 Page 9 of 9 PURCHASER: SPIRIT OF SEBASTIAN FLORIDA, LLC a Florida limited liability company WITNESSES: ______________________________ By: _____________________________ Print Name: ____________________ Print Name: ______________________ Title: ____________________________ ______________________________ By: _____________________________ Print Name: ____________________ Print Name: ______________________ Title: ____________________________ DATE: __________________________ ATTEST (SEAL): CITY OF SEBASTIAN: ______________________________ BY: ____________________________ Catherine E. Testa Fred Jones Mayor Acting City Clerk Approved as to form and legality for BY: ____________________________ Reliance by the City of Sebastian only: Brian Benton, City Manager ______________________________ DATE: __________________________ James D. Stokes City Attorney 35 CITY OF SEBASTIAN CITY COUNCIL STAFF REPORT DATE February 11, 2026 TO Honorable Mayor and City Council THRU Brian Benton, City Manager FROM Richard Blankenship, Parks and Recreation Director SUBJECT Consider approval of the grant agreement with the Florida Communities Trust for the purchase of the Sembler Property. EXECUTIVE SUMMARY The City has been awarded a grant for the purpose of purchasing the Sembler Property, a 1.38-acre parcel in the Sebastian Working Waterfront on Indian River Drive. The parcel stretches from US HWY One to the Indian River and includes a large dock and pier structure. The grant is for $1,041,000.00 and requires a match of $ 694,000.00 for a total of $1,735,000.00. City Council approved the grant application in January 2025. This request is just for consideration of the approval of the grant agreement, negotiations with the owner have not taken place. Staff has secured a Willing Owner Statement as a part of the application process as well as securing updated appraisals. If successful in purchasing the parcel, staff will focus on preserving the Aquaculture operation that is onsite as well as develop public amenities for citizen and visitor enjoyment. This project addresses the strategic plan initiative of improving quality of life for the residents of and visitors to the City of Sebastian. RECOMMENDATION Consider approval of the grant agreement with the Florida Communities Trust for the Sembler property. ATTACHMENTS: 1. F2506 Grant Agreement Sebastian Waterfront Park Expansion FCP 24-006-FF25 2. Site Aerials FUNDING SOURCE: Expenditure required Amount Budgeted: Funding source $1,735,000 $1,041,000 (60%) FCT Grant $694,000.00 (40%) Proceeds from the sale of the old Public Works Compound Additional Funds Needed: $ 0.00 36 SEBASATIAN WATERFRONT PARK EXPANSION 37 Waterfront Expansion and Surrounding Property 38 CITY OF SEBASTIAN CITY COUNCIL STAFF REPORT DATE February 11, 2026 TO Honorable Mayor and City Council THRU Brian Benton, City Manager FROM Lee Plourde, Public Works Director SUBJECT Consideration of a purchase order for Asphalt Paving Systems, not to exceed $42,970.00, for the Phase 4 road repaving project, specifically for the Mastic preservation process, and authorize the City Manager or designee to execute. EXECUTIVE SUMMARY City of Sebastian Public Works Staff is requesting approval of the issuance of a purchase order to Asphalt Paving Systems, not to exceed $42,970.00, for Phase 4 of the City of Sebastian Road repaving project, specifically for the Mastic preservation on roads that will not be resurfaced in the next two years. This process will provide longevity and prevent further failures to these roadways. On September 24th, 2025, the Sebastian City Council entered into a contract with Asphalt Pavement Systems, Inc. (APS), for pavement maintenance and rehabilitation services for the road repaving project. This request is to issue a purchase order under the contract as approved by the City Council in order to proceed with preservation paving projects within the City of Sebastian. RECOMMENDATION Staff recommends City Council approve a purchase order to Asphalt Paving Systems, in an amount not to exceed $42,970.00, for the Phase 4 road repaving Mastic preservation process, and authorize the City Manager or designee to execute. ATTACHMENTS: 1. Procurement Justification 2. Asphalt Paving Systems Mastic Quote FUNDING SOURCE: Expenditure required Amount Budgeted: Funding source $42,970.00 $700,000.00 Encumbered: - $642,618.30- Cape Seal/ Micro Local Option Gas Tax 39 -$14,000.00- Mastic Schumann Dr Available Balance – $43,381.70 Additional Funds Needed: $ 0.00 40 Procurement Division 1225 Main Street, Sebastian, FL 32958 Phone: 772-388-8231 (Rev. 12/2024) PROCUREMENT JUSTIFICATION A Competitive Solicitation is a formal process that requires sealed bids, provides an equal and open opportunity to qualified parties, and culminates in a selection based on criteria. A Competitive Quote is an informal process that provides an equal and open opportunity to qualified parties and culminates in a selection based on criteria. DATE: TYPE OF PURCHASE: Invitation to Bid (ITB) Request for Proposal (RFP) Request for Qualification (RFQ) Invitation to Quote (ITN) Piggyback/Cooperative 3 Written Quotes PROPOSED VENDOR: ITEMS OR SERVICES REQUIRED: ADDITIONAL INFORMATION Approved: ________________________________________ Jessica Graham, Procurement/Contracts Manager February 3, 2026 Asphalt Paving Systems Pavement Maintenance and Rehabilitative Services The City of Sebastian awarded an agreement to Asphalt Paving Systems on September 24, 2025. The pricing provided by Asphalt Paving Systems is in line with their bid pricing. Digitally signed by Jessica Graham Date: 2026.02.03 12:10:39 -05'00' 41 DATE:2/3/2026 TO:FROM:Asphalt Paving Systems, Inc. Kris Shane -East Coast Florida Rep 9021 Wire Road Sebastian, FL 32958 Zephyrhills, FL 33540 772-228-7013 Ph: 813-480-1865 RE:Project proposal FY25/26 Mastic Various Rds Product Description Units Quantity Unit Price Total Price City of Sebastian Contract Crack Seal/ Mastic Patching SY 1,142.00 35.00$ 39,970.00$ MOT LS 1.00 3,000.00$ 3,000.00$ **Square off and dust patches** Total 42,970.00$ Respectfully Submitted,Accepted By: ___________________Kristoffer D. Shane Asphalt Paving Systems, Inc.Signature: ___________________ Zephyrhills, Florida c: 813-480-1865 e: k.shaneaps@gmail.com Date: ___________________ * Proposal valid for 30 days. City of Sebastian- Public Works 1225 Main St Page 1 of 2 42 KS PROP#832 --IN --Sebastian - FY25-26- Mastic -Var Rds - $45k -- 2-6-26 ITEM STREET NAME FROM TO LENGTH WIDTH TOTAL UNITS COMMENTS Dempsey Ave Fleming St Barber St S Easy St S Wimbrow Dr Fleming St (Collier Creek) Lake Dr Easy St Wimbrow Dr Layport Dr address 638 address 656 Sembler St Layport Dr Dempsey Ave Carnival Ter Eastlake Ln Crowberry Ln Rosebush Ter Barber St Clearmont St 974 Gulfstream Ave 1068 Seamist Ln 1500 block of Spinnaker Ln 160 block of Chaloupe Ter Teaberry Ln Caravan Ter Chaloupe Ter Benedictine Ter Barber St Clearbrook St 1029 Blossom Dr 938 Claire Ave 801 Everina St Potomac Ave Gardenia St East to DE 0.00 0 Total Asphalt Paving Systems, Inc. Randy Shane - South Florida Rep Zephyrhills, FL 33540 Ph: 813-892-0056 Mastic Project Street list Page 2 of 2 43 CITY OF SEBASTIAN CITY COUNCIL STAFF REPORT DATE February 11, 2026 TO Honorable Mayor and City Council THRU Brian Benton, City Manager FROM Jessica Graham, Procurement Manager SUBJECT Consideration of selecting Titan Construction Management LLC for ITB 26-05 Concha and Stonecrop Sheet Piling Repair, authorization to re-allocate funding from the Schumann Drive Box Culvert project to fund the sheet piling repairs, and authorize the City Manager or designee to issue Purchase Orders up to $756,250.00. EXECUTIVE SUMMARY On November 6, 2025, the City of Sebastian issued Invitation to Bid 26 -05 for Concha and Stonecrop Sheet Piling Repairs. A total of 2,842 contractors were notified of the bid posting, and 39 downloaded the solicitation. 3 bids were received, with 1 submitter deemed non -responsive. After reviewing the bids received, including checking references and confirming required licenses, Titan Construction Management LLC was identified as the most responsive, responsible contractor. To fund the maintenance costs for the Concha Dam and Stonecrop Spillway and award the bid, we are looking to reallocate funds. Upon approval of this agenda item, funding for the Schumann Drive Box Culvert would be removed and reallocated to the sheet piling repairs for the Concha Dam and Stonecrop Spillway. Design drawings for the Schumann Drive Box Culvert Project were funded by the American Rescue Plan Act (ARPA). The drawings will be finalized to exhaust the ARPA funding, but construction of the project will be placed on hold until funding is available. RECOMMENDATION On behalf of the Engineering Department, the Procurement Division recommends selecting Titan Construction Management LLC for ITB 26-05 Concha and Stonecrop Sheet Piling Repair, authorization to re-allocate funding from the Schumann Drive Box Culvert project to fund the sheet piling repairs, and authorize the City Manager or designee to issue Purchase Orders up to $756,250.00. ATTACHMENTS: 1. Procurement Justification 2. ITB 26-05 Notice of Intent and Bid Tabulation FUNDING SOURCE: Expenditure required Amount Budgeted: Funding source $756,250.00 $299,937 Discretionary Sales Tax 44 Additional Funds Needed: $ 456,313 reallocated from Project A2565, Schumann Drive Culvert. Project A2565 has a budget of $750,000 which is also funded by Discretionary Sales Tax. 45 Procurement Division 1225 Main Street, Sebastian, FL 32958 Phone: 772-388-8231 (Rev. 12/2024) PROCUREMENT JUSTIFICATION A Competitive Solicitation is a formal process that requires sealed bids, provides an equal and open opportunity to qualified parties, and culminates in a selection based on criteria. A Competitive Quote is an informal process that provides an equal and open opportunity to qualified parties and culminates in a selection based on criteria. DATE: TYPE OF PURCHASE: Invitation to Bid (ITB) Request for Proposal (RFP) Request for Qualification (RFQ) Invitation to Quote (ITN) Piggyback/Cooperative 3 Written Quotes PROPOSED VENDOR: ITEMS OR SERVICES REQUIRED: ADDITIONAL INFORMATION Approved: ________________________________________ Jessica Graham, Procurement/Contracts Manager February 3, 2026 Titan Construction Management LLC Concha and Stonecrop Sheet Piling Repair On November 6, 2025, the City of Sebastian issued Invitation to Bid 26-05 for Concha and Stonecrop Sheet Piling Repairs. A total of 2842 contractors were notified of the bid posting, and 39 downloaded the solicitation. 3 bids were received, with 1 submitter deemed non-responsive. After reviewing the bids received, including checking references and confirming required licenses, Titan Construction Management LLC was identified as the most responsive, responsible contractor. Digitally signed by Jessica Graham Date: 2026.02.03 09:48:55 -05'00' 46 Procurement Division 1225 Main Street, Sebastian, FL 32958 Phone: 772-388-8231 (Rev.7/2025)Page 1 of 1 INTENT TO AWARD POSTING DATE: January 21, 2026 26-05-ITB Concha and Stonecrop Sheet Piling Repair Notice is hereby given that the City of Sebastian intends to award an Agreement upon approval of the City Council on Wednesday, February 11, 2026, at 6:00 PM EST to the following Bidder: Titan Construction Management LLC All City Council meetings are open to the public. -388-8231 or procurement@cityofsebastian.org. Sincerely, Jessica Graham, CPPB Procurement Manager City of Sebastian 120.57(3), Florida Statutes, or failure to post the bond or other security required by law within the time allowed for filing a bond shall constitute a waiver of proceedings under Digitally signed by Jessica Graham Date: 2026.01.21 10:39:39 -05'00' 47 (Pass/Fail/NA)(Pass/Fail/NA)(Pass/Fail/NA) Bid Bond Pass Pass Pass Bid Price Form Pass Pass Pass Registered with the State of Florida, Division of Corporations Pass Pass Pass Contractor must have been in business under the same FEIN number for past three (3) years Pass Pass Fail General Contractor or State Certified Specialty Contractor (Marine Speciality Contractor) Pass Certified General Contractor Pass Certified General Contractor Pass Certified General Contractor At least three (3) years of experience performing drainage improvement work, or site civil work Pass Pass Fail Contact Information Sheet Pass Pass Pass Corporate Resolution (if applicable)N/A N/A N/A Pass Pass Pass Non-Collusion Affidavit Pass Pass Pass Appendix A, 44 C.F.R. Part 18 - Certification Regarding Lobbying Pass Pass Pass Contracting with Entities of Foreign Countries of Concern Prohibited Affidavit Pass Pass Pass Human Trafficking Affidavit Pass Pass Pass Notifications Affidavit Pass Pass Pass Reference List Pass Pass Fail (provided references do not demonstrate the contractor's ability to perform the scope of services) Subcontractor List Pass Pass Pass Local Vendor Affidavit N/A N/A Pass Sebastian or Indian River County Business Tax Receipt N/A N/A Pass Notes:Diaz Constructors, Inc. does not meet the Contractor Minimum Qualifications listed in the bid. Posting Date:January 21, 2026 BID TABULATION Bid #: 26-05-ITB Bid Title: Concha and Stonecrop Sheet Piling Repair Diaz Constructors, Inc. 1391 Whitemore Street Sebastian, FL 32958 Razorback LLC 177 Anclote Road Tarpon Springs, FL 34689 Titan Construction Management LLC 1787 S. Pinellas Ave Suite 600 Tarpon Springs, FL 34689 Procurement Division 1225 Main Street, Sebastian, FL 32958 Phone: 772-388-823148 Item Description UOM Total Cost Total Cost Total Cost Concha All-inclusive price to complete Concha Sheet Piling Repairs per bid specifications and Exhibits A and B. Lump Sum 515,000.00$988,000.00$280,329.00$ Concha Sheet Piling Repairs Contingency 10% of Lump Sum total above 51,500.00$98,800.00$28,033.00$ Stonecrop All-inclusive price to complete Stonecrop Sheet Piling Repairs per bid specifications and Exhibits A and B. Lump Sum 172,500.00$305,000.00$167,489.00$ Stonecrop Sheet Piling Repairs Contingency 10% of Lump Sum total above 17,250.00$30,500.00$16,749.00$ 687,500.00$1,293,000.00$447,818.00$ 756,250.00$1,422,300.00$492,600.00$Total Bid Price (including contingencies) Diaz Constructors, Inc. 1391 Whitemore Street Sebastian, FL 32958 Titan Construction Management LLC 1787 S. Pinellas Ave Suite 600 Tarpon Springs, FL 34689 Razorback LLC 177 Anclote Road Tarpon Springs, FL 34689 Bid #: 26-03-ITB Bid Title: Police Department Tile Roof Replacement Total Bid Price (excluding contingencies) Procurement Division 1225 Main Street, Sebastian, FL 32958 Phone: 772-388-823149 CITY OF SEBASTIAN CITY COUNCIL STAFF REPORT DATE February 11, 2026 TO Honorable Mayor and City Council THRU Brian Benton, City Manager FROM Brian Stewart, CFO SUBJECT Consideration of Resolution No. R-26-06 Accepting the 4th Quarter Financial Report and Recognizing Necessary Amendments and Adjustments to the FY 2024-2025 Annual Budget. EXECUTIVE SUMMARY Pursuant to City financial policies, budget reviews and any necessary adjustments are presented to the City Council quarterly. A capital project status report and investment report are also included. In accordance with the authority given by the Annual Budget Resolution, the City Manager approved other budget transfers between accounts within Departments and authorized adjustments that were necessary to implement programs, projects and expenditures that the City Council previously authorized. Adjustments may include budget changes within his $25,000 spending authority, budget adjustments between budget accounts within the same departments, as well as adjustments to closeout completed or cancelled projects. Additional details on the budget adjustments are listed in Exhibit “A” as an attachment to the Resolution. The Budget Advisory Committee received these amendments and recommended approval to City Council at their meeting held on February 9, 2026. RECOMMENDATION Staff recommends that the City Council approve Resolution No. R-26-06 accepting the 4th Quarter Financial Report and Recognizing Necessary Amendments and Adjustments to the FY 2024-2025 Annual Budget. ATTACHMENTS: 1. Resolution No. R-26-06 FUNDING SOURCE: Expenditure required Amount Budgeted: Funding source N/A N/A N/A Additional Funds Needed: $ 0.00 50 RESOLUTION NO. R-26-06 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA RECOGNIZING CERTAIN ADJUSTMENTS TO THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024 AND ENDING SEPTEMBER 30, 2025 AS PROVIDED FOR IN EXHIBIT “A”; PROVIDING FOR CONFLICTS; PROVIDING FOR SCRIVENER’S ERRORS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, an analysis of the revenues and expenditures for the three (3) months that ended on September 30, 2025, was made and it was determined there was a budget adjustment requiring formal approval by the City Council; and WHEREAS, it was determined that the City Council and City Manager previously approved all the necessary amendments and adjustments and these are being reported in accordance with the Annual Budget Resolution. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, THAT: Section 1. The above recitals are hereby recognized as true correct a nd incorporated herein. Section 2. The budget of the City of Sebastian, Indian River County, Florida for the Fiscal Year beginning October 1, 2024 and ending September 30, 2025 has been amended and adjusted as necessary within the quarter ending September 30, 2025; a summary of such amendments and adjustments being attached hereto and more particularly identified as Exhibit “A”; the revised appropriations, if any, are set out therein and are recognized as having been made to maintain and carry on the government of the City of Sebastian, Indian River County, Florida. Section 3. All Resolutions or parts of Resolutions in conflict herewith are hereby repealed. Section 4. Sections of this Resolution may be renumbered or re -lettered and corrections of typographical errors which do not affect the intent may be authorized by the City Manager, or the City Manager’s designee, without need of further action of the City Council by filing a corrected copy of same with the City Clerk. Section 5. This Resolution shall become effective immediately upon its adoption. It was moved for adoption by Councilmember _____________________. The motion was seconded by Councilmember ___________________ and, upon being put to a vote, the vote was as follows: Mayor Fred Jones _______________________________ Vice-Mayor Bob McPartlan _______________________________ Councilmember Ed Dodd _______________________________ Councilmember Sherrie Matthews _______________________________ Councilmember Christopher Nunn _______________________________ The Mayor thereupon declared this Resolution duly passed and adopted this 11th day of February 2026. CITY OF SEBASTIAN, FLORIDA By: ______________________________ Mayor Fred Jones ATTEST: Approved as to form and legality for the reliance by the City of Sebastian only: ________________________________ _________________________________ Catherine E. Testa James D. Stokes Acting City Clerk City Attorney 51 EXHIBIT “A” OF RESOLUTION R-26-06 SUMMARY OF BUDGET CHANGES FOR THE QUARTER ENDED September 30, 2025 ADJUSTMENTS AFFECTING FUND BALANCES / RESERVES: Fund Gen Fund Dept Project Account Prior Budget Budget Adjustment Amended Budget Entry Date Council Approval Date Reason for Adjustment Gen Fund Tree Canopy Survey Appropriation from General Fund Reserves ($694,870)$15,736 ($679,134)10/13/2025 Pending Establish New Project Cap Proj FDACS Grant $0 ($50,000)($50,000) Cap Proj Other Contractual Services $0 $62,500 $62,500 Gen Fund Police Appropriation from General Fund Reserves (R&R)($683,570)($11,300)($694,870)9/17/2025 Pending Repair City Hall transfer switch Gen Fund Police R & M - Operating Equipment $3,700 $11,300 $15,000 DST Runway 05-23 Rehab Appropriation from DST Reserves ($4,929,694)$24,076 ($4,905,618)9/10/2025 Pending Adjustments to close out project Airport Projects FAA Grant Revenue ($3,329,990)$464,018 ($2,865,972) Airport Projects FDOT Grant ($185,000)$27,482 ($157,518) Airport Projects Infrastructure $3,770,218 ($515,576)$3,254,642 Cap Proj PD Patrol Boat Find Grant Revenue ($125,000)$15,500 ($109,500)9/9/2025 Pending Adjustments to close out project Cap Proj Vehicles & Equipment $234,504 ($15,504)$219,000 DST Appropriation from DST Reserves ($4,929,698)$4 ($4,929,694) Cap Proj PD Veh & Body Cams Equipment Leases $101,559 ($4,062)$97,497 9/9/2025 Pending Adjustments to close out project DST Appropriation from DST Reserves ($4,933,760)$4,062 ($4,929,698) Cap Proj Sustainable Sebastian Departmental Supplies $10,000 ($9,483)$517 9/9/2025 Pending Adjustments to close out project Gen Fund Appropriation from General Fund Reserves ($693,053)$9,483 ($683,570) Airport Projects Design Runway 10/28 Repairs FAA Grant Revenue $0 ($74,100)($74,100)8/20/2025 7/23/2025 Establish New Project Airport Projects Infrastructure $0 $79,500 $79,500 Airport Fund Appropriation from Airport Reserves ($43,356)($5,400)($48,756) SW Utility Fund R&M - Vehicles $24,000 $4,168 $28,168 7/22/2025 Pending Utlize R&R funds to repair SW-604 Gen Fund Appropriation from General Fund Reserves (R&R)($688,885)($4,168)($693,053) Airport Projects Square Hangers Construction FDOT Grant Revenue ($1,256,000)$45,161 ($1,210,839)7/21/2025 Pending Adjustments to close out project Airport Projects Buildings Exp $1,605,895 ($92,346)$1,513,549 DST Appropriation from DST Reserves ($4,981,981)$47,185 ($4,934,796) Airport Projects AWOS System FDOT Grant Revenue ($102,840)$800 ($102,040)7/21/2025 Pending Adjustments to close out project Airport Projects Vehicles & Equipment $128,550 ($1,000)$127,550 DST Appropriation from DST Reserves ($4,981,981)$200 ($4,981,781) Airport Projects Design Taxiway Golf FDOT Grant Revenue ($172,400)$3,344 ($169,056)7/21/2025 Pending Adjustments to close out project Airport Projects Infrastructure $215,500 ($4,180)$211,320 DST Appropriation from DST Reserves ($4,981,981)$836 ($4,981,145) Airport Projects Protective Netting FDOT Grant Revenue ($60,000)$27,594 ($32,406)7/21/2025 Pending Adjustments to close out project Airport Projects Improvements Other than Buildings $75,000 ($34,493)$40,507 Airport Fund Appropriation from Airport Reserves ($50,255)$6,899 ($43,356) Cap Imprv WW Dock Dry Line Find Grant Revenue ($25,000)$6,750 ($18,250)7/21/2025 Pending Adjustments to close out project Cap Imprv Vehicles & Equipment $50,000 ($13,500)$36,500 Riverfront Appropriation from RD Reserves ($462,693)$6,750 ($455,943) Gen Fund Vehicles & Equipment $48,190 $13,249 $61,439 7/18/2025 Pending Replace Speed Trailer no longer usable Gen Fund Appropriation from General Fund Reserves (R&R)($675,636)($13,249)($688,885) SW Improv Purchase Trailer Vehicles & Equipment $0 $7,119 $7,119 7/9/2025 Pending Purchase Trailer for Stormwater DST Appropriation from DST Reserves ($4,974,862)($7,119)($4,981,981) Cap Imprv Main St Ramp Dredging Fish & Wildlife Grant Revenue ($50,000)$50,000 $0 12/12/2025 Pending Adjustments to close out project Cap Imprv Infrastructure $100,000 ($100,000)$0 Riverfront Appropriation from RD Reserves ($444,621)$50,000 ($394,621) Cap Imprv Riverview Park Renovations Find Grant Revenue $0 ($50,000)($50,000)12/12/2025 Pending Adjustments to close out project Cap Imprv Contractual Services $25,000 $100,000 $125,000 Riverfront Appropriation from RD Reserves ($444,621)($50,000)($494,621) Cap Proj Citywide Computers Computer Supplies $8,085 $1,426 $9,511 12/2/2025 Pending Adjustments to close out project Cap Proj Vehicles & Equipment $29,915 ($1,437)$28,478 DST Appropriation from DST Reserves ($4,667,070)$11 ($4,667,059) Cap Proj COStv Equipment Computer Supplies $5,742 ($25)$5,717 12/2/2025 Pending Adjustments to close out project DST Appropriation from DST Reserves ($4,667,070)$25 ($4,667,045) 52 Cap Proj Network Infrastructure Contractual Services $0 $1,092 $1,092 12/2/2025 Pending Adjustments to close out project Cap Proj Computer Supplies $40,000 $7,057 $47,057 Cap Proj Vehicles & Equipment $5,000 ($2,105)$2,895 DST Appropriation from DST Reserves ($4,667,070)($6,044)($4,673,114) Cap Proj Security Cameras Computer Supplies $5,000 $3,146 $8,146 12/2/2025 Pending Adjustments to close out project Cap Proj Vehicles & Equipment $22,762 ($12,938)$9,824 DST Appropriation from DST Reserves ($4,667,070)$9,792 ($4,657,278) Cap Proj CAD/RMS System R & M Office Equipment $10,000 ($10,000)$0 12/2/2025 Pending Adjustments to close out project DST Appropriation from DST Reserves ($4,997,070)$10,000 ($4,987,070) Cap Imprv Riverview Park Master Plan Contractual Services $62,700 $1,208 $63,908 12/1/2025 Pending Adjustments to close out project Gen Fund Appropriation from GF Reserves ($709,134)$1,208 ($707,926) Cap Imprv Park Improvements Contractual Services $0 $2,485 $2,485 12/1/2025 Pending Adjustments to close out project Cap Imprv Improvements Other than Buildings $5,257 ($3,065)$2,192 Rec Impact Fee Appropriation from Rec Impact Fee Reserves $60,000 $580 $60,580 Cap Imprv CRA Maintenance Equipment Small Tools & Equipment $0 $3,680 $3,680 12/1/2025 Pending Adjustments to close out project Cap Imprv Vehicles & Equipment $123,500 ($15,002)$108,498 Riverfront Appropriation from RD Reserves ($455,943)$11,322 ($444,621) Transp Projects Street Preservation/Repaving Streets/Roads $1,579,739 ($431,662)$1,148,077 12/1/2025 Pending Adjustments to close out project Local Option Gas Tax Appropriations from LOGT Reserves ($815,518)$431,662 ($383,856) Transp Projects Street Reconstruction Streets/Roads $2,625,143 ($233,103)$2,392,040 12/1/2025 Pending Adjustments to close out project DST Appropriations from DST Reserves ($4,900,173)$233,103 ($4,667,070) Gen Fund City Attorney Contractual Services $30,000 $30,000 $60,000 10/31/2025 3/26/2025 Utilize GF Reserves for outside counsel Gen Fund City Attorney Appropriation from GF Reserves ($679,134)($30,000)($709,134) R & R Fund Balance (Used)($28,717) Unreserved Fund Balance Increased (Decrease)$764,371 Net Increase (Decrease) to Reserves/Fund Balance:$735,654 Note: The Appropriation from Reserves account is a reduction of the Reserves/Fund Balance accounts. ADJUSTMENTS NOT AFFECTING FUND BALANCES / RESERVES (SIGNIFICANT LINE ITEM ADJUSTMENTS WITHIN FUNDS) Fund Gen Fund Dept Project Account Prior Budget Budget Adjustment Amended Budget Entry Date Manager Approval Date Reason for Adjustment Cap Proj Community Center Upgrades R & M - Buildings $32,000 ($22,736)$9,264 Adjustments to close out project Cap Proj R & M - Grounds Maintenance $500 ($500)$0 Cap Proj Buildings $5,000 ($5,000)$0 Cap Proj Memorials & Park Beautification Contributions & Donations ($1,845)($482)($2,327)10/16/2025 10/20/2025 Ongoing Project Adjustments for Contributions Cap Proj Memorial Brick Exp $1,845 ($432)$1,413 and Donations Received Cap Proj Dept Supplies $0 $4,142 $4,142 Cap Proj Membership & Prof Dues $0 $2,499 $2,499 Cap Imprv Parks Special Events Contributions & Donations ($7,500)($227)($7,727) Cap Imprv Special Events Exp $7,500 $227 $7,727 Gen Fund Police Special Events Exp $15,000 ($5,645)$9,355 Gen Fund Police Books & Publications $100 ($82)$18 Stormwater Salaries & Wages $800,850 ($30,000)$770,850 9/17/2025 9/17/2025 Reclass Expenditures to cover equipment repairs Stormwater R & M Operating Equipment $64,160 $30,000 $94,160 Gen Fund COA Redesign Other Contract Services $36,974 ($24,000)$12,974 9/10/2025 9/10/2025 Reclass Exp for Chart of Accounts Redesign Cap Proj Other Contract Services $0 $24,000 $24,000 Airport Projects Design Terminal Apron Expansion FAA Grant Revenue ($218,500)$20,116 ($198,384)9/9/2025 9/9/2025 Adjust FAA Revenue to align with Project Airport Projects Professional Services $230,000 ($20,116)$209,884 Gen Fund Police Police Pension State Shared Revenue $0 ($338,304)($338,304)8/26/2025 8/26/2025 2024 Calendar Year State Premium Tax Distribution Gen Fund Police Chapter 185 Pension Expense $0 $338,304 $338,304 Cap Proj Walmart Sparks Grant Contributions & Donations $0 ($4,727)($4,727)7/17/2025 7/17/2025 Establish New Project Cap Proj Special Events Exp $0 $4,727 $4,727 Cap Imprv Filbert St Park Exotic Removal FDACS Grant Revenue $0 ($15,094)($15,094)10/27/2025 10/27/2025 Establish New Project Cap Imprv R & M Grounds Maintenance $0 $15,094 $15,094 53 Current Prior Project Budget Share Project Year Year Expenditures Percent Funds Number Description Budget Sources (in Thousands of $)Budget Expenditures Expenditures To Date Expended Encumbrances Remaining FY2020 A2007 CDBG Grant Program CDBG 748.4 748,443 59,603 549,158 608,761 81.34%-139,683 748,443$59,603$549,158$608,761$81.34%-$139,683$ FY2022 A2220 Working Waterfront- Submerged Land Lease CRA 50 50,000 -8,550 8,550 17.10%-41,450 A2261 Concha Dam Replacement DST 367 367,205 62,307 -62,307 16.97%4,898 300,000 A2264 Gardenia Ditch ARPA/DST 688/308.7 996,728 1,360 10,016 11,376 1.14%985,351 1 A2265 Schumann Drive Box Culvert ARPA/DST/SW 44/18.6/18.6 81,370 37,250 7,596 44,846 55.11%36,524 - 1,495,303$100,917$26,162$127,079$8.50%1,026,773$341,451$ FY2023 A2320 Swing/Bench Park CRA 59 59,300$14,747$14,390$29,137$49.13%-$30,163$ A2324 Riverview Area Improvements DST 74 73,591$5,250$46,895$52,145$70.86%20,005$1,441$ A2364 Stonecrop Drainage Improvements FEMA/DST 2,293/746 3,038,287$2,318,907$205,884$2,524,791$83.10%438,762$74,735$ 3,171,178$2,338,904$267,169$2,606,073$82.18%458,767$106,339$ FY2024 A2423 Working Waterfront Expansion FIND/CRA 60 / 60 120,000$65,552$38,174$103,726$86.44%16,274$-$ A2425 N County Marine Law Enforcement Facility FIND/DON 50 / 50 100,000$-$-$-$0.00%-$100,000$ A2426 Grant Admin - N County Marine Law Enf Facility DON/GF 10.4 / 39.7 50,120$24,070$8,925$32,995$65.83%17,125$-$ A2427 Riverview Park Improvements FIND/DST 50/1500 1,600,000$-$-$-$0.00%-$1,600,000$ A2436 Cemetery Building CTF 75.4 75,410$34,661$-$34,661$45.96%40,749$-$ A2467 Majestic & Montrose Drainage DST 133.2 145,744$111,403$-$111,403$76.44%-$34,341$ 2,091,274$235,686$47,099$282,785$13.52%74,148$1,734,341$ FY2025 A2505 PD Vehicles & Equipment DST 297 296,996$278,450$-$278,450$93.76%15,467$3,079$ A2508 Hurricane Milton FEMA 0 -$315,395$-$315,395$100.00%-$(315,395)$ A2511 Stan Mayfield WW Restoration Phase 1 FIND/GF/CRA 100/50/50 200,000$-$-$-$0.00%-$200,000$ A2514 Opiod Settlement DON 4.9 4,881$-$-$-$0.00%-$4,881$ A2515 Parks Special Events-Walmart Spark DON 4.8 4,727$262$-$262$5.55%-$4,465$ A2516 Tyler COA Redesign GF 24 24,000$12,000$-$12,000$50.00%12,000$-$ A2517 Tree Canopy Survey FDACS/GF 50/12.5 62,500$-$-$-$0.00%-$62,500$ A2518 Filbert St Park Exotic Removal FDACS 15.1 15,094$-$-$-$0.00%-$15,094$ A2524 Main Street Shoreline Stabliization FIND/CRA 50/50 100,000$93,995$-$93,995$94.00%-$6,005$ A2526 Working Waterfront Expansion FIND/CRA 250/250 500,000$-$-$-$0.00%-$500,000$ A2550 Design Terminal Apron Expansion FAA/FDOT/DST 198.4/5.8/5.8 209,884$56,656$-$56,656$26.99%149,670$3,558$ A2551 Construct Taxiway Golf FDOT/DST 790.1/197.5 987,600$6,197$-$6,197$0.63%201,754$779,648$ A2553 Airport Gate Security System FDOT/AP 28/7 35,000$-$-$-$0.00%-$35,000$ A2554 Design Runway 10/28 Repairs FAA/AP 74.1/5.4 79,500$8,710$-$8,710$10.96%66,790$4,000$ A2560 Sliplining SW 182 182,000$143,834$-$143,834$79.03%-$38,166$ A2564 Canal Study DST 95 95,000$2,500$-$2,500$2.63%-$92,500$ A2565 Schumann Drive Box Culvert DST 750 750,000$-$-$-$0.00%-$750,000$ A2566 Stonecrop Upstream Drainage FEMA/DST 915/305 1,220,000$41,588$-$41,588$3.41%134,370$1,044,042$ A2567 CRA Sewer Service/IRC Interlocal GF 100 100,000$-$-$-$0.00%-$100,000$ A2568 Adaptation Plan FDEP 55 55,000$30,675$-$30,675$55.77%24,325$-$ 4,922,182$990,262$-$990,262$20.12%604,376$3,327,544$ GRAND TOTAL 12,428,380$3,725,371$889,588$4,614,959$37.13%2,164,064$5,649,357$ CITY OF SEBASTIAN CAPITAL PROJECT STATUS REPORT AS OF SEPT 30, 2025 54 CITY OF SEBASTIAN CITY COUNCIL STAFF REPORT DATE February 11, 2026 TO Honorable Mayor and City Council THRU Brian Benton, City Manager FROM Brian Stewart, CFO SUBJECT Consideration of Resolution No. R-26-07 Accepting the 1st Quarter Financial Report and Recognizing Necessary Amendments and Adjustments to the FY 2025-2026 Annual Budget. EXECUTIVE SUMMARY Pursuant to City financial policies, budget reviews and any necessary adjustments are presented to the City Council quarterly. A financial report, capital project status report and investment report are also included. In accordance with the authority given by the Annual Budget Resolution, the City Manager approved other budget transfers between accounts within Departments and authorized adjustments that were necessary to implement programs, projects and expenditures that the City Council previously authorized. Adjustments may include budget changes within his $25,000 spending authority, budget adjustments between budget accounts within the same departments, as well as adjustments to closeout completed or cancelled projects. Additional details on the budget adjustments are listed in Exhibit “A” as an attachment to the Resolution. The Budget Advisory Committee received these amendments and recommended approval to C ity Council at their meeting held on February 9, 2026. RECOMMENDATION Staff recommends that the City Council approve Resolution No. R-26-07 Accepting the 1st Quarter Financial Report and Recognizing Necessary Amendments and Adjustments to the FY 202 5-2026 Annual Budget. ATTACHMENTS: 1. Resolution No. R-26-07 FUNDING SOURCE: Expenditure required Amount Budgeted: Funding source N/A N/A N/A Additional Funds Needed: $ 0.00 55 RESOLUTION NO. R-26-07 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA RECOGNIZING CERTAIN ADJUSTMENTS TO THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2025 AND ENDING SEPTEMBER 30, 2026 AS PROVIDED FOR IN EXHIBIT “A”; PROVIDING FOR CONFLICTS; PROVIDING FOR SCRIVENER’S ERRORS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, an analysis of the revenues and expenditures for the three (3) months that ended on December 31, 2025, was made and it was determined there was a budget adjustment requiring formal approval by the City Council; and WHEREAS, it was determined that the City Council and City Manager previously approved all the necessary amendments and adjustments and these are being reported in accordance with the Annual Budget Resolution. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, THAT: Section 1. The above recitals are hereby recognized as true correct a nd incorporated herein. Section 2. The budget of the City of Sebastian, Indian River County, Florida for the Fiscal Year beginning October 1, 2025 and ending September 30, 2026 has been amended and adjusted as necessary within the quarter ending December 31, 2025; a summary of such amendments and adjustments being attached hereto and more particularly identified as Exhibit “A”; the revised appropriations, if any, are set out therein and are recognized as having been made to maintain and carry on the government of the City of Sebastian, Indian River County, Florida. Section 3. All Resolutions or parts of Resolutions in conflict herewith are hereby repealed. Section 4. Sections of this Resolution may be renumbered or re -lettered and corrections of typographical errors which do not affect the intent may be authorized by the City Manager, or the City Manager’s designee, without need of further action of the City Council by filing a corrected copy of same with the City Clerk. Section 5. This Resolution shall become effective immediately upon its adoption. It was moved for adoption by Councilmember _____________________. The motion was seconded by Councilmember ___________________ and, upon being put to a vote, the vote was as follows: Mayor Fred Jones _______________________________ Vice-Mayor Bob McPartlan _______________________________ Councilmember Ed Dodd _______________________________ Councilmember Sherrie Matthews _______________________________ Councilmember Christopher Nunn _______________________________ The Mayor thereupon declared this Resolution duly passed and adopted this 11th day of February 2026. CITY OF SEBASTIAN, FLORIDA By: ______________________________ Mayor Fred Jones ATTEST: Approved as to form and legality for the reliance by the City of Sebastian only: ________________________________ _________________________________ Catherine E. Testa James D. Stokes Acting City Clerk City Attorney 56 City of Sebastian QUARTERLY FINANCIAL REPORT FY26 Quarter 1, Ending 12/31/2025 REVENUES: FY 26 FY 26 FY 26 FY25 FY 26 % through Estimated Amount Original Budget Amended Prior Fiscal Year Current Fiscal Year Amount over % Increase Fiscal Year % of Over (Under) Budget Amendments Budget YTD Actual YTD Actual (Under)(Decrease)(Oct - Dec)Budget Budget Governmental and Proprietary Funds: Ad Valorem Tax 8,393,178.00 -8,393,178.00 6,128,473.14 7,206,574.19 1,078,101.05 18%25%86%5,108,279.69 Local Half-Cent Sales Tax 2,555,300.00 -2,555,300.00 188,882.83 183,528.71 (5,354.12)-3%*25%7%(455,296.29) Local Option Gas Tax 709,020.00 -709,020.00 65,948.88 66,499.17 550.29 1%*25%9%(110,755.83) Discretionary Sales Tax 5,322,700.00 -5,322,700.00 316,439.09 293,786.63 (22,652.46)-7%*25%6%(1,036,888.37) Franchise Fees & Utility Service Taxes 5,450,300.00 -5,450,300.00 806,952.10 916,376.03 109,423.93 14%25%17%(446,198.97) Solid Waste Collection Fees 2,383,360.00 -2,383,360.00 1,993,748.34 2,045,214.85 51,466.51 3%25%86%1,449,374.85 Stormwater Utility Fee 2,756,060.00 -2,756,060.00 2,317,837.54 2,336,569.97 18,732.43 1%25%85%1,647,554.97 Golf Fees & Sales 2,017,180.00 -2,017,180.00 604,192.93 662,506.89 58,313.96 10%25%33%158,211.89 Airport Fund Operating Revenues 861,315.00 -861,315.00 203,032.30 239,596.86 36,564.56 18%25%28%24,268.11 Other Taxes, Permits & Fees 1,180,120.00 -1,180,120.00 257,996.03 279,680.56 21,684.53 8%25%24%(15,349.44) Grants & Other Intergovernmental Rev 8,487,749.00 1,022,900.00 9,510,649.00 796,076.88 3,365,756.78 2,569,679.90 323%25%35%1,243,819.53 Misc & Other income 2,285,617.00 60,830.00 2,346,447.00 706,725.85 523,009.65 (183,716.20)-26%25%22%(63,602.10) Total Revenues 42,401,899.00 1,083,730.00 43,485,629.00 14,386,305.91 18,119,100.29 3,732,794.38 26%25%42%7,247,693.04 *Gas & Sales Taxes collections have a 2 month delay Comparison to Prior Yr Actual Comparison to Budget - 1,000,000.00 2,000,000.00 3,000,000.00 4,000,000.00 5,000,000.00 6,000,000.00 7,000,000.00 8,000,000.00 9,000,000.00 10,000,000.00 Governmental and Proprietary Revenues FY25 Amended Budget FY25 Actual YTD 57 City of Sebastian QUARTERLY FINANCIAL REPORT FY26 Quarter 1, Ending 12/31/2025 EXPENDITURES/EXPENSES: FY 26 FY 26 FY 26 FY 25 FY 26 % through Estimated Amount Original Budget Amended Prior Fiscal Year Current Fiscal Year Amount over % Increase Fiscal Year % of Over (Under) Budget Amendments Budget YTD Actual YTD Actual (Under)(Decrease)(Oct - Mar)Budget Budget Governmental and Proprietary Funds: Salaries and Benefits Total (included below)18,781,970.00 -18,781,970.00 4,585,900.48 5,500,203.18 914,302.70 20%25.00%29%804,710.68 Professional Services Total (included below)8,007,903.00 8,349.00 8,016,252.00 783,842.70 782,635.44 (1,207.26)0%25.00%10%(1,221,427.56) Departments:- 01 City Council 60,020.00 -60,020.00 13,292.70 9,799.51 (3,493.19)-26%25.00%16%(5,205.49) 05 City Manager 610,675.00 861.00 611,536.00 139,321.08 153,248.29 13,927.21 10%25.00%25%364.29 09 City Clerk 323,630.00 431.00 324,061.00 94,244.85 84,083.27 (10,161.58)-11%25.00%26%3,068.02 10 City Attorney 318,490.00 -318,490.00 52,610.74 26,178.86 (26,431.88)-50%25.00%8%(53,443.64) 20 Finance 1,021,600.00 (68,288.00)953,312.00 112,062.63 195,496.53 83,433.90 74%25.00%21%(42,831.47) 21 Management Information Services 821,530.00 1,346.00 822,876.00 192,311.87 234,840.89 42,529.02 22%25.00%29%29,121.89 35 Human Resources 308,405.00 431.00 308,836.00 70,046.09 64,126.83 (5,919.26)-8%25.00%21%(13,082.17) 40 Police 8,962,610.00 14,801.00 8,977,411.00 2,464,763.45 2,897,042.99 432,279.54 18%25.00%32%652,690.24 52 Roads and Drainage 1,450,855.00 2,584.00 1,453,439.00 427,665.86 365,567.99 (62,097.87)-15%25.00%25%2,854.24 54 Fleet Management 402,990.00 646.00 403,636.00 65,004.81 105,898.35 40,893.54 63%25.00%26%5,150.85 56 Facilities Maintenance 858,235.00 12,161.00 870,396.00 189,818.24 214,907.97 25,089.73 13%25.00%25%349.22 57 Parks and Recreation 1,756,595.00 4,521.00 1,761,116.00 403,158.67 449,280.26 46,121.59 11%25.00%26%10,131.51 59 Cemetery Operations 188,045.00 538.00 188,583.00 36,300.68 45,873.76 9,573.08 26%25.00%24%(1,137.49) 80 Community Development 795,240.00 6,917.00 802,157.00 118,752.90 171,486.98 52,734.08 44%25.00%22%(27,323.02) 99 Non-Departmental 2,006,570.00 (29,604.00)1,976,966.00 1,558,555.58 1,117,328.84 (441,226.74)-28%25.00%56%615,686.34 Riverfront Redevelopment 418,385.00 (100,000.00)318,385.00 96,892.28 61,231.24 (35,661.04)-37%25.00%15%(43,365.01) Stormwater 2,627,568.00 3,158.00 2,630,726.00 585,574.52 494,493.31 (91,081.21)-16%25.00%19%(163,188.19) Solid Waste 2,432,000.00 -2,432,000.00 381,745.00 387,318.75 5,573.75 1%25.00%16%(220,681.25) Golf Operations 2,035,225.00 -2,035,225.00 465,152.01 471,533.16 6,381.15 1%25.00%23%(37,273.09) Airport Operations 781,897.00 15,000.00 796,897.00 225,846.82 219,065.98 (6,780.84)-3%25.00%27%19,841.73 Building Dept 1,552,312.00 33,019.00 1,585,331.00 317,769.99 361,813.63 44,043.64 14%25.00%23%(34,519.12) Capital Projects 14,178,310.00 1,953,064.00 16,131,374.00 2,247,981.19 1,029,167.87 (1,218,813.32)-54%25.00%6%(3,003,675.63) Total Expenses 43,911,187.00 1,851,586.00 45,762,773.00 10,258,871.96 9,159,785.26 (1,099,086.70)-11%25.00%20%(2,280,907.99) Comparison to Prior Yr Actual Comparison to Budget 58 City of Sebastian QUARTERLY FINANCIAL REPORT FY26 Quarter 1, Ending 12/31/2025 CASH & INVESTMENTS: Prior Fiscal Year Current Fiscal Year Current Balance Current Rate Maturity YTD Actual YTD Actual All Funds: Cash (Seacost Bank)9,547,750.88 1.12%N/A 67,245.48 2,261.11 Cash moved to Investment accounts Investments FL Prime (SBA)3,795,723.32 3.99%N/A 53,664.54 39,333.68 Lower rates FL Trust Short Term Bond Fund 618,782.04 3.87%Various 1,222.49 6,927.43 FL Trust Day to Day Fund 4,067,479.66 3.83%N/A -41,858.43 New Account 5/15/25 Total FL Trust 4,686,261.70 1,222.49 48,785.86 FL CLASS 11,595,758.57 3.86%N/A -56,349.46 New Account 5/1/25 iTrust CD 8,099,075.20 -84,474.23 New Account 9/15/25 Salem Trust - PD Pension 28,218,794.60 Morgan Stanley - PD Pension 687,214.34 Total PD Pension 28,906,008.94 N/A Various Total Investments 57,082,827.73 54,887.03 228,943.23 Total Cash & Investments 66,630,578.61 122,132.51 231,204.34 Interest Earned - 1,000,000.00 2,000,000.00 3,000,000.00 4,000,000.00 5,000,000.00 6,000,000.00 7,000,000.00 8,000,000.00 9,000,000.00 Department Expenditures FY25 Amended Budget FY25 Actual YTD 59 Current Prior Project Budget Share Project Year Year Expenditures Percent Funds Number Description Budget Sources (in Thousands of $)Budget Expenditures Expenditures To Date Expended Encumbrances Remaining FY2020 A2007 CDBG Grant Program CDBG 748.4 748,443 -608,761 608,761 81.34%-139,683 748,443$-$608,761$608,761$81.34%-$139,683$ FY2022 A2220 Working Waterfront- Submerged Land Lease CRA 50 50,000 -8,550 8,550 17.10%-41,450 A2261 Concha Dam Replacement DST 367 367,205 63 62,307 62,370 16.98%4,898 299,937 A2264 Gardenia Ditch ARPA/DST 688/308.7 996,728 -11,376 11,376 1.14%985,351 1 A2265 Schumann Drive Box Culvert ARPA/DST/SW 44/18.6/18.6 81,370 750 44,846 45,596 56.04%35,774 - 1,495,303$813$127,079$127,892$8.55%1,026,023$341,388$ FY2023 A2320 Swing/Bench Park CRA 59 29,137$-$29,137$29,137$100.00%-$-$ A2324 Riverview Area Improvements DST 74 73,591$-$52,145$52,145$70.86%20,005$1,441$ A2364 Stonecrop Drainage Improvements FEMA/DST 2,293/746 3,038,287$505$2,524,791$2,525,296$83.12%438,257$74,735$ 3,141,015$505$2,606,073$2,606,578$82.99%458,262$76,176$ FY2024 A2423 Working Waterfront Expansion FIND/CRA 60 / 60 120,000$3,292$103,726$107,018$89.18%12,982$-$ A2425 N County Marine Law Enforcement Facility FIND/DON 50 / 50 100,000$-$-$-$0.00%-$100,000$ A2426 Grant Admin - N County Marine Law Enf Facility DON/GF 10.4 / 39.7 50,120$4,990$32,995$37,985$75.79%12,135$-$ A2427 Riverview Park Improvements DEP/FIND/DST 1,500/50/1,500 3,100,000$-$-$-$0.00%-$3,100,000$ A2436 Cemetery Building CTF 735.4 735,410$379$34,661$35,040$4.76%40,749$659,621$ A2467 Majestic & Montrose Drainage DST 145.7 145,744$-$111,403$111,403$76.44%-$34,341$ 4,251,274$8,662$282,785$291,446$6.86%65,866$3,893,962$ FY2025 A2511 Stan Mayfield WW Restoration Phase 1 FIND/GF/CRA 100/50/50 200,000$-$-$-$0.00%-$200,000$ A2514 Opiod Settlement DON 14.6 14,591$-$-$-$0.00%-$14,591$ A2516 Tyler COA Redesign GF 26.5 26,480$620$12,000$12,620$47.66%13,860$-$ A2517 Tree Canopy Survey FDACS/GF 50/12.5 62,500$63$-$63$0.10%-$62,437$ A2518 Filbert St Park Exotic Removal FDACS 15.1 15,094$12,565$-$12,565$83.24%-$2,529$ A2524 Main Street Shoreline Stabliization FIND/CRA 50/50 99,995$6,000$93,995$99,995$100.00%-$-$ A2526 Working Waterfront Expansion FIND/CRA 250/250 500,000$-$-$-$0.00%-$500,000$ A2550 Design Terminal Apron Expansion FAA/FDOT/DST 198.4/5.8/5.8 209,884$76,759$56,656$133,415$63.57%73,033$3,436$ A2551 Construct Taxiway Golf FDOT/DST 1,580/395 1,975,200$234,566$6,197$240,763$12.19%935,487$798,949$ A2553 Airport Gate Security System FDOT/AP 28/7 35,000$-$-$-$0.00%19,221$15,779$ A2554 Design Runway 10/28 Repairs FAA/AP 74.1/5.4 79,500$7,247$8,710$15,957$20.07%59,543$4,000$ A2564 Canal Study DST 95 95,000$-$2,500$2,500$2.63%-$92,500$ A2565 Schumann Drive Box Culvert DST 750 750,000$-$-$-$0.00%-$750,000$ A2566 Stonecrop Upstream Drainage FEMA/DST 1,147/382.5 1,530,000$7,146$41,588$48,734$3.19%127,224$1,354,042$ A2567 CRA Sewer Service/IRC Interlocal GF 100 100,000$6,000$-$6,000$6.00%-$94,000$ A2568 Adaptation Plan FDEP 55 55,000$11,525$30,675$42,200$76.73%12,800$-$ 5,748,244$362,491$252,321$614,812$10.70%1,241,169$3,892,263$ FY2026 P6100 Citywide Computers DST 45 45,000$3,044$-$3,044$6.76%2,958$38,998$ P6101 COStv Equipment DST 15 15,000$-$-$-$0.00%-$15,000$ P6102 Network Infrastructure DST 20 20,000$2,227$-$2,227$11.13%-$17,773$ P6103 Outdoor Security Updates DST 30 30,000$547$-$547$1.82%-$29,453$ P6104 Campus Security Improvements DST 142.9 142,869$-$-$-$0.00%142,869$0$ P6105 CAD/RMS System DST 25 25,000$-$-$-$0.00%-$25,000$ P6106 PD Vehicles & Equipment DST 633.8 633,751$41,072$-$41,072$6.48%479,296$113,383$ P6107 PD Vehicle & Body Cameras DST 108.6 107,560$48,661$-$48,661$45.24%-$58,899$ P6108 PD Parking Lot Improvements DST 57.2 57,251$74$-$74$0.13%24,344$32,833$ P6109 PD Roof Replacement DST 300 300,000$2,807$-$2,807$0.94%10,513$286,680$ P6110 PD Roof Hardening FEMA 250 250,000$-$-$-$0.00%-$250,000$ P6111 Air Conditioner Replacements DST 30 30,000$2,690$-$2,690$8.97%-$27,310$ P6112 CDBG Grant Program CDBG 116.3 116,320$-$-$-$0.00%-$116,320$ P6113 Budget Pro Software GF 67.1 67,100$59,110$-$59,110$88.09%7,990$-$ P6114 JAG Grant - Training Pistols JAG 10.6 10,665$-$-$-$0.00%10,115$550$ P6200 Park Improvements RIF 20 20,000$-$-$-$0.00%-$20,000$ P6201 Playground Improvements GF/RIF .2/80 80,152$2,210$-$2,210$2.76%73,253$4,689$ P6202 Garden Club Park DEP/DST 360/90 450,000$-$-$-$0.00%-$450,000$ P6203 Main Street Boat Ramp Dredging FIND/DST 250/250 500,000$-$-$-$0.00%-$500,000$ P6204 Swing & Bench Park FIND/CRA 93.2/230.2 323,413$-$-$-$0.00%-$323,413$ P6205 Working Waterfront Expansion FIND/CRA 250/250 500,000$-$-$-$0.00%-$500,000$ P6206 Pedestrian Crossing Signs CRA 15 15,000$-$-$-$0.00%-$15,000$ P6207 Fisherman's Landing WW CRA 393.7 393,683$3,207$-$3,207$0.81%-$390,476$ P6300 Street Preservation/Repaving LOGT 700 700,000$-$-$-$0.00%656,618$43,382$ P6301 Street Reconstruction DST 2,448 2,447,500$164,968$-$164,968$6.74%543,068$1,739,464$ P6302 Sidewalk Repair/Replacement LOGT 120 120,000$76,811$-$76,811$64.01%12,000$31,189$ P6500 Terminal Building Rehab AP 30 30,000$-$-$-$0.00%-$30,000$ P6501 Design Taxiway Golf Apron FDOT/AP 200/50 250,000$-$-$-$0.00%-$250,000$ P6502 Construct Terminal Apron Expansion FAA/FDOT/AP 1,054/27.8/27.8 1,110,000$-$-$-$0.00%-$1,110,000$ P6503 Design NW Access for Expansion FDOT/AP 200/50 250,000$-$-$-$0.00%-$250,000$ P6600 Dump Truck DST 89 89,000$-$-$-$0.00%83,248$5,752$ P6601 Clear Span Shelter DST 450 450,000$-$-$-$0.00%-$450,000$ P6602 Vacuum Truck Trailer DST 166 166,000$-$-$-$0.00%159,144$6,856$ CITY OF SEBASTIAN CAPITAL PROJECT STATUS REPORT AS OF DEC 31, 2025 60 P6603 Sliplining SW 198.1 198,165$58,532$-$58,532$29.54%67,262$72,371$ P6604 Barber Street Sports Complex Pipe SW 50 50,000$21,951$-$21,951$43.90%2,662$25,387$ P6607 CRA Septic to Sewer Conversion DEP/CRA 3,610/229 3,838,845$-$-$-$0.00%-$3,838,845$ 13,832,274$487,910$-$487,910$3.53%2,275,341$11,069,023$ GRAND TOTAL 29,216,553$860,381$3,877,018$4,737,399$16.21%5,066,660$19,412,494$ 61 EXHIBIT “A” OF RESOLUTION R-26-07 SUMMARY OF BUDGET CHANGES FOR THE QUARTER ENDED December 31, 2025 ADJUSTMENTS AFFECTING FUND BALANCES / RESERVES: Fund Gen Fund Dept Project Account Prior Budget Budget Adjustment Amended Budget Entry Date Council Approval Date Reason for Adjustment SW Improvments SW Mini Excavator Vehicles & Equipment $58,465 ($328)$58,137 1/8/2026 Pending Adjustments to close out project SW Utility Fund Appropriation from SWU Reserves ($116,865)$328 ($116,537) SW Improvments Zero Turn Mower Vehicles & Equipment $17,590 ($392)$17,198 12/29/2025 Pending Adjustments to close out project SW Utility Fund Appropriation from SWU Reserves ($79,091)$392 ($78,699) SW Improvments CRA Septic to Sewer FDEP Grant Revenue $0 ($3,610,000)($3,610,000)11/17/2025 Pending Establish New Project SW Improvments Contract Services $0 $3,838,845 $3,838,845 Riverfront Sewer Connection Grants $100,000 ($100,000)$0 Riverfront Appropriation from RD Reserves ($638,950)($128,845)($767,795) R & R Fund Balance (Used)$0 Unreserved Fund Balance Increased (Decrease)($128,125) Net Increase (Decrease) to Reserves/Fund Balance:($128,125) Note: The Appropriation from Reserves account is a reduction of the Reserves/Fund Balance accounts. ADJUSTMENTS NOT AFFECTING FUND BALANCES / RESERVES (SIGNIFICANT LINE ITEM ADJUSTMENTS WITHIN FUNDS) Fund Gen Fund Dept Project Account Prior Budget Budget Adjustment Amended Budget Entry Date Manager Approval Date Reason for Adjustment Cap Proj PD Parking Lot Improvements R & M Fencing $0 $29,756 $29,756 1/2/2026 1/2/2026 Project Adjustments Cap Proj Improvements Other than Buildings $17,625 ($17,625)$0 Cap Proj Campus Security Improvements Vehicles & Equipment $155,000 ($12,131)$142,869 Cap Proj JAG Grant Training Pistols JAG Grant Revenue $0 ($10,665)($10,665)11/18/2025 11/18/2025 Establish New Project Cap Proj Small Tools & Implements $0 $10,665 $10,665 62