Indian Creek Drive is a state owned and maintained road that is under FDOT’s jurisdiction. In 2015 City representatives traveled to Tallahassee to meet with the Secretary of Transportation to discuss Indian Creek Drive, which had been experiencing flooding events. As a result, City staff and FDOT agreed to a cost sharing project for major infrastructure construction.
On September 30, 2016, the City and FDOT entered into a Department Funded Agreement (DFA) for Financial Project Number 439228-2-58-01 for roadway and drainage improvements on S.R. A1A/Indian Creek from 41st Street to 26th Street (“the Project”). The agreement provided FDOT funds to a maximum amount of $20,008,493, and City funds to a maximum amount of $5,400,000. The total funding for the Project was $25,408,493, with FDOT and City funds.
Amended Agreement
On June 27, 2019, the City and FDOT executed an amendment to the the DFA by adding additional funding. FDOT’s maximum participation increased by $5,991,507 to $26 million and the City’s maximum participation increased by $1,636,848 to $7,036,848. The amended total funding for the Project under the amended agreement is $33,036,848, with FDOT and City funds.
Recent Negotiations
Recently, the City Administration has been negotiating with FDOT for additional funding for the Project. If the negotiations are successful, FDOT’s maximum contribution to the Project will increase by $2.25 million to $28.25 million. The City’s maximum contribution will also increase by $2.25 million to $9,286,848.
The Administration requests that the Mayor and City Commission appropriate $8,241,507 of FDOT funding from: 1) The Amended Agreement, and 2) Currently Under Negotiation as follows:
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Amended Agreement: FDOT $5,991,507
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Under Negotiation: FDOT $2,250,000
Total FDOT funds to be appropriated in this agenda item - $8,241,507
Capital Budget Item Appropriating City-funded Portion of the DFA
This agenda item requests that the Mayor and City Commission appropriate only the FDOT funds.
There is a Capital Budget Amendment item on today's Regular Agenda (July 31, 2019), that is associated with this agenda item. The Capital Budget Amendment appropriates the City's portion of funding for the Indian Creek Project. The associated Capital Budget item includes, and exceeds the requisite matching funds from the City as required by the DFA, which is:
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Amended Agreement: City $1,636,848
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Under Negotiation: City $2,250,000
Total maximum participation funding required by DFA - $3,886,848
This agenda item is subject to the approval of the Budget Amendment on the regular agenda.