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Agenda 05/28/2013 Item #16A6 5/28/2013 16.A.6. EXECUTIVE SUMMARY Recommendation to agree to accept donations from the Community Foundation of Collier County for the Artificial Reef program and to place these donations into a restricted fund and to consider naming County reefs in accordance with suggestions to be made by the Foundation. OBJECTIVE: To provide additional funds for the County's Artificial Reef Program (ARP) through donations from the Community Foundation of Collier County (CFCC). CONSIDERATIONS: At the September 11, 2012 Board of County Commissioners (BCC) meeting, the BCC approved the submittal of a grant application to the Gulf Tourism and Seafood Promotional Fund to expand and improve Collier County's artificial reef program. Subsequently on April 9, 2013, the BCC approved the grant award and authorized the Chairwoman to execute the Promotional Fund Grant Agreement in the amount of$500,000. The CFCC has established an Artificial Reef Fund and is accepting private donations on behalf of the ARP intended to aid the County, including the cities of Marco Island and Naples, to fund construction of world-class reefs in addition to utilizing the Promotional Fund Grant Agreement award. Individuals donating $55,000 or more to the CFCC for this fund will be provided an opportunity to "name" an artificial reef. Reefs within the boundaries of the County will be named subject to BCC approval. Individuals and private organizations may also make donations to the CFCC, in varying amounts, in support of the project as well. If and when funds from CFCC are donated to the County for this program, the BCC must first agree to accept donations from the CFCC for the ARP and have these donations placed into a restricted project fund. FISCAL IMPACT: None at this time. Upon approval of this action, a restricted project fund will be established to facilitate the County's utilization of these donations. Upon receipt of donations for the ARP, a budget amendment will be necessary to recognize the funds and place the donation into the restricted project fund. GROWTH MANAGEMENT IMPACT: This grant is supportive of Coastal and Conservation Element Objective 7.4 which states that the County shall continue to improve marine fisheries productivity by building additional artificial reefs. LEGAL CONSIDERATIONS: This item has been reviewed by the Count Attorney, is legally sufficient, and requires majority vote for approval. If approved, the County Attorney will work with Staff and the Clerk's Office to structure the appropriate guidelines and mechanics for this fund. -JAK RECOMMENDATION: Staff recommends the BCC agree to accept donations from the Community Foundation of Collier County for the Artificial Reef Program, have these donations placed into a restricted project fund and consider naming the reefs in accordance with Packet Page-427- 5/28/2013 16.A.6. suggestions to be provided by the CFCC for donors who contribute at least $55,000 to the program. Prepared By: William D. Lorenz Jr., P.E. Natural Resources Director Packet Page -428- 5/28/2013 16.A.6. COLLIER COUNTY Board of County Commissioners Item Number: 16.16.A.16.A.6. Item Summary: Recommendation to agree to accept donations from the Community Foundation of Collier County for the Artificial Reef program and to place these donations into a restricted fund and to consider naming County reefs in accordance with suggestions to be made by the Foundation. Meeting Date: 5/28/2013 Prepared By Name: LorenzWilliam Title: Director-CDES Engineering Services,Comprehensive 5/2/2013 5:58:45 PM Approved By Name: PuigJudy Title: Operations Analyst, GMD P&R Date: 5/7/2013 3:20:26 PM Name: KearnsAllison Date: 5/16/2013 10:5 9:26 AM Name: MarcellaJeanne Title: Executive Secretary,Transportation Planning Date: 5/16/2013 11:16:38 AM Name: OberrathKaren Title: Senior Accountant, Grants Date: 5/16/2013 11:43:53 AM Name: GreeneColleen Title: Assistant County Attorney,County Attorney Date: 5/16/2013 3:58:21 PM Name: IsacksonMark Title: Director-Corp Financial and Mgmt Svs,CMO Date: 5/17/2013 9:57:53 AM Packet Page-429- 5/28/2013 16.A.6. Name: KlatzkowJeff Title: County Attorney Date: 5/17/2013 11:13:37 AM Name: OchsLeo Title: County Manager Date: 5/20/2013 6:23:06 PM Packet Page-430-