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HomeMy WebLinkAbout2009 Stan Mayfield WWF Grant LM'OF SEBASTIAN HOME OF PELICAN ISLAND AGENDA TRANSMITTAL Subject: Agenda No. (A UV/ Approve Stan Mayfield Working Waterfront Grant Agreement with Florida Communities Department Origin: GMD Trust and Authorize the City Manager to City Execute Attorney: City Ap• o or Submittal by: Clerk: Date Submit ed: April 16, 2009 0) n er, City Manager Exhibits: SMWWG Contract and Confidentiality Agreement. EXPENDITURE AMOUNT BUDGETED: APPROPRIATION REQUIRED: REQUIRED: N/A SUMMARY On April 14, 2009, the City received final approval from the Governing Board of the State of Florida from the Florida Communities Trust/Florida Forever program for the Stan Mayfield Working Waterfronts Program. FCT will fund 90% of the final project costs, in an amount not to exceed $3,163,500.00. Ten percent of the project costs were committed by the City in Resolution R-08-28. Once the City approves the agreement, FCT staff will initiate appraisals and begin negotiations. If a purchase price is agreed upon with the sellers, FCT will conduct a property closing and transfer title to the City. The funds themselves do not get transferred to the City, but are transmitted from the State to the respective property owners. The appraisals and acquisition processes are outlined in the Florida Administrative Code (FAC). The FAC and Florida Statutes (FS) specifically addresses a confidentiality clause that requires the City to maintain confidentiality of all appraisals, offers and counteroffers. Furthermore, these records are exempt from public records requests. The confidentiality is only in effect until the real estate transaction is completed in accordance with 9K-10.005 (1) FAC and Sec. 119.07(1) F.S. 1 • The grant agreement also requires the City to prepare a management plan before any real estate sales occur. The City is working with the FCT staff to draft the first management plan under the SMWWP. Staff expects to have that completed in the next 30-60 days. Financial records and an annual report will be fulfilled by the Finance department in a manner similar to other State grant requirements. RECOMMENDATION Approve grant agreement and confidentiality agreement and authorize City Manager to execute both documents for transmittal to Florida Communities Trust. 01