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Agenda 12/14/2021 Item #16A30 (After-the-fact submittal of big Cypress Basin Regional Parnership Program Grant Application for Carson Rd Stormwater Treatment Area)16.A.30 12/14/2021 EXECUTIVE SUMMARY Recommendation to provide after -the -fact approval for the submittal of a Big Cypress Basin Regional Partnership Program grant application for the Carson Road Stormwater Treatment Area facility in the amount of $720,000 with a local match commitment of $3,280,000. [Project No. 60143; Stormwater 2020 Debt Funding (327); $3,280,0001 OBJECTIVE: To receive after -the -fact approval from the Board of County Commissioners to approve the application for a Big Cypress Basin Regional Partnership Program grant application for the Carson Road Stormwater Treatment Area (Carson Rd STA) facility. CONSIDERATIONS: The Big Cypress Basin's Regional Partnership Program objective is to assist local governments, public and private water providers and other entities with the construction and/or implementation of water quality and natural systems projects that support or complement the Basin's mission. Water quality projects focus on nutrient -load reductions and improving water quality through Best Management Practices prior to entering impaired or Outstanding Florida Water bodies. The Carson Rd STA facility is a proposed stormwater capital improvement project in Immokalee to provide for a new stormwater discharge location to reduce flooding in the western portion of Immokalee. Currently the stormwater from this portion of Immokalee receives very little to no stormwater treatment. The project's location, selected as a follow up to previously constructed stormwater facilities on Immokalee Drive, is on a previously purchased parcel of land located at the southwest corner of Carson Road and Lincoln Blvd within the boundaries of the Arrowhead Reserve at Lake Trafford development. A major feature of the project is the ability to provide stormwater treatment (e.g. debris collection, sediment capture, nutrient removal, etc.) prior to the stormwater being discharged into the Immokalee slough which flows into Lake Trafford. Lake Trafford is identified by the Florida Department of Environmental Protection as impaired. Staff prepared the grant application for submittal to the Big Cypress Basin by the November 12, 2021 deadline. Collier County CMA No. 5330 authorizes the County Manager to approve the submittal of grant applications with subsequent Board of County Commissioners action at the next available Board meeting to ratify the approval as "after -the -fact." FISCAL IMPACT: The amount of funding applied for from Big Cypress Basin is $720,000 for the Carson Road Stormwater Treatment Area facility with a local match commitment of $3,280,000. If funds from Big Cypress Basin are awarded, the local match will be available within the Stormwater 2020 Debt Funding (327). The source of funding is stormwater bond revenue. GROWTH MANAGEMENT IMPACT: None LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, is approved as to form and legality and requires majority vote for approval. -JAK RECOMMENDATION: To provide Board of County Commissioners after -the -fact approval of the application for a Big Cypress Basin Regional Partnership Program grant application for the Carson Road Stormwater Treatment Area facility. Prepared By: Robert Wiley, Principal Project Manager, Stormwater Management Section, Capital Project Planning, Impact Fees and Program Management Division Packet Pg. 1295 12/14/2021 ATTACHMENT(S) 1. APP SFWMD Partnership Opp (PDF) 2. CM MEMO (PDF) Packet Pg. 1296 16.A.30 12/14/2021 COLLIER COUNTY Board of County Commissioners Item Number: 16.A.30 Doe ID: 20645 Item Summary: Recommendation to provide after -the -fact approval for the submittal of a Big Cypress Basin Regional Partnership Program grant application for the Carson Road Stormwater Treatment Area facility in the amount of $720,000 with a local match commitment of $3,280,000. [Project No. 60143; Stormwater 2020 Debt Funding (327); $3,280,000] Meeting Date: 12/14/2021 Prepared by: Title: Project Manager, Principal — Capital Project Planning, Impact Fees, and Program Management Name: Robert Wiley 11/15/2021 1:02 PM Submitted by: Title: Director — Capital Project Planning, Impact Fees, and Program Management Name: Matthew McLean 11/15/2021 1:02 PM Approved By: Review: Growth Management Department Lisa Abatemarco Additional Reviewer Growth Management Department Lissett DeLaRosa Growth Management Department Growth Management Department Lisa Taylor Additional Reviewer Capital Project Planning, Impact Fees, and Program Management Ian Barnwell Capital Project Planning, Impact Fees, and Program Management Matthew McLean Growth Management Department Robert Wiley Growth Management Grants Valerie Fleming Level 2 Grants Review Growth Management Department Trinity Scott Transportation Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Grants Therese Stanley Additional Reviewer Office of Management and Budget Susan Usher Additional Reviewer County Manager's Office Amy Patterson Level 4 County Manager Review Board of County Commissioners Geoffrey Willig Meeting Pending Completed 11/15/2021 1:05 PM Completed 11/15/2021 2:37 PM Completed 11/16/2021 9:12 AM Additional Reviewer Completed Additional Reviewer Completed Skipped 11/15/2021 12:54 PM Completed 11/16/2021 3:33 PM Completed 11/19/2021 1:10 PM Completed 11/19/2021 1:44 PM Completed 11/22/2021 9:58 AM Completed 11/30/2021 1:36 PM Completed 12/04/2021 4:07 PM Completed 12/06/2021 3:33 PM 12/14/2021 9:00 AM Packet Pg. 1297 16.A.30.a Big Cypress Basin Regional Partnership Program 1. Basic Information A. Project Name and Contact Information Project Name or Title: Carson Road Stormwater Treatment Area Project Location (City/Town Immokalee, FL and Count Authorized Representative: Name, Title: Mark Isackson, County Manager Entity: Collier County Board fo County Commissioners Mailing Address: 3299 Tamiami Trail East Suite 202 Address (continued): City, State, Zip Naples, FL 34112 Phone: 239-252-8717 Phone 2: Email address: Mark.Isackson@colliercountyfl.gov Project Manager: Name, Title: Robert Wiley, Principal Project Manager Entity: Collier County Capital Project Planning, Impact Fees and Proi Mailing Address: 2685 S. Horseshoe Drive, Suite 103 Address (continued): City, State, Zip: Naples, FL 34104 Phone: 239-252-2322 Phone 2: 239-206-7622 Email address: Robert.Wiley@colliercountyfl.gov Page 1 of 7 Updated 11/3/21 Packet Pg. 1298 16.A.30.a B. Project Type (check all that apply): 121 Water Quality E Natural Systems Provide a brief description below ONLY if selecting more than one project type above (Please attach additional documentation if more space is required.) Page 2 of 7 Updated 11/3/21 Packet Pg. 1299 16.A.30.a 2. Proiect Details A. Short Description: Provide three to four sentences describing the project for which funding is being requested. (Please attach additional documentation if more space is required.) The project is a stormwater treatment train facility designed to create a new stormwater outfall for the northwestern Immokalee area to reduce flooding potential. The treatment train components include a physical trash collection facility, a sediment capture basin, extensive littoral plantings along a series of ponds, pond maintenance access to harvest mature plants, a wetland preserve hydration facility, two outfalls with one including biosorption activated media (BAM) to compare nutrient uptake benefits, and a surface/groundwater pumping facility to keep the littoral B. Project Maps: Please attach the following maps: • Map 1: Project Location: At least one map clearly showing the project location in relation to the nearest major road or street intersection. • Map 2: Project Details: At least one project -level map showing sufficient detail depicting the proposed project. Note: Include any shape (.shp) or layer (.lyr) files used to create the maps. C. Expected Project Outcomes and Benefits: Describe the anticipated outcomes and benefits (environmental, community development, economic) of the proposed project including the specific water resources that may be affected. Describe how this project will improve any listed impairments or potential impacts to identified Outstanding Florida Water Bodies. Be specific and quantify expected results when possible (e.g., number of acres restored, total pounds of nitrogen/phosphorus removed/year, etc.). (Please attach additional documentation if more space is required.) The project is a new stormwater outfall to help alleviate flooding in the western side of Immokalee. The project is to create stormwater treatment prior to discharge into the Immokalee slough and Lake Trafford by capturing debris, sediments and reducing nutrients by vegetative uptake and detention time within lakes. The intent is to establish a monitoring program to determine the effectiveness of nutrient removal processes, including a comparison between typical lake discharge and lake discharge through a biosorption activated media (BAM). Littoral planting harvesting o Page 3 of 7 Updated 11/3/21 Packet Pg. 1300 16.A.30.a D. Benefits to Regional Effectiveness: Does the project impact an Impaired Water Body: ® Yes No If yes, List Impaired Water Body(ies) and Impairment(s) associated with each water body: Impaired Water Body Impairments Lake Trafford Nutrients, Un-ionized Ammonia and Do Does the project impact an Outstanding Florida Water Body If yes, List Outstanding Florida Water body(ies): Page 4 of 7 D Yes © No Updated 11/3/21 Packet Pg. 1301 16.A.30.a 3. Proiect Status and Schedule A. Indicate the current % complete for each element below (planning, design, permitting, and bidding) along with anticipated start and end dates (month/day/year). Attach a detailed project construction schedule. Include documentation that demonstrates that the construction start date is realistic (e.g. critical milestones, procurement timeline, etc.). Current % Complete Start Date Expected Completion Date Planning 100 Design 90 January 2021 December 2021 Permitting 90 June 2021 December 2021 Bidding January 2022 May 2022 B. For any elements above (Planning, Design, Permitting, and Bidding) that are less than 100% complete, please explain what remains to reach 100% completion. The SFWMD ERP permit issuance is waiting for the required time period to expire for a floodplain impact question raised by the STOF. 100% Design completion will occur upon receipt of the ERP approval. Bidding documents are in preparation but cannot be finalized until receipt of the ERP approval. C. List all relevant permits required to start construction: Permit Type Agency (Water/WW, ERP, CUP, Permit No. Date Applied Permit Date (or expected) Building) SFWMD ERP App. 210618-655F 06-18-21 December 2021 0 Page 5 of 7 Updated 11/3/21 a a 0 a� a 0 LL a a a r r- d E U r w Q Packet Pg. 1302 16.A.30.a 4. Proiect Cost Information A. Total Project Cost: F$4 million B. Are there other agencies contributing funding to this project or have you applied for additional funding? DYes ® No If yes, list agency(ies) and amount(s): C. Is this a multi -year project? ® Yes No If yes, please list the total project cost: �$4 million D. Eligible Project Cost (as defined in guidelines): E. Requested Funding Amount: Page 6 of 7 $4 million $720,000 Updated 11/3/21 a Packet Pg. 1303 16.A.30.a Submittal Checklist 1. The Acknowledgment Form, on Applicant letterhead, has been completed and notarized and attached as a PDF 2. If submitting multiple projects, an authorized representative must also submit a letter ranking the priority of the projects for funding consideration. 3. A copy of applicant's line item budget which shows this project has been or will be approved by your Board 4. At least one letter -sized map that depicts the project location to the nearest major road intersection (including .shp or .Iyr files used to create the map(s) 5. At least one letter -sized map that depicts project details and illustrates information provided in the project description (including .shp or .Iyr files used to create the map(s) 6. A detailed project schedule Page 7 of 7 Updated 09/01/21 Packet Pg. 1304 16.A.30.a Office of the County Manager Mark Isackson 3299 Tamiami Trail East, Suite 202 - Naples Florida 34112-5746 • (239) 252-8383 ACKNOWLEDGMENT Before me, the undersigned authority, personally appeared Mark Isackson (Authorized Representative of the project owner) this 12th day of November 2021 who, first being duly sworn, as required by law, hereby acknowledges: 1. The statements contained in this project information package are true, correct and complete to the best of his/her knowledge and that the undersigned has the authority from the project owner to make the representations contained herein. 2. The undersigned represents the described deliverables for this phase of the project will be completed and invoiced no later than twenty-four (24) months from execution of contract. 3. The undersigned represents that the project owner intends to begin construction of the project by this 27th day of June in the year 2022 4. The undersigned represents that the project owner understands the project contract expiration is twenty-four (24) months from contract execution, and further understands that if the project is not completed by that date, the Big Cypress Basin reserves the right to re9lnd or reduce cost -share funding which are not completed by this date. Authorize 11epresentative STATE OF FLORIDA Mark Isackson Print Name COUNTY OF SWORN TO and subscribed before me 1C day of Uwtm 2021. Such person(s) (Notary Public must check applicable box): [ are personally known to me. [ ] produced a current driver license(s). [ ] produced as identification: (NOTARY PUBLIC SEAL) otary Public AVIC9mml S S8i0 # GG 956461 Expires t°a= pires June 72024 � Banded Thru Troy Fain Insurance 80"s.7oi9 Packet Pg. 1305 16.A.30.a Big Cypress Basin Regional Partnership Program Submittal Checklist Item 3 Project Funding Information Funding for the implementation of the Immokalee Stormwater Improvement Program (ImmSIP) is included in the Collier County Annual Update and Inventory Report (AUIR) that is scheduled for Board of County Commissioners approval as a part of their November 9, 2021 agenda. This AUIR is for Fiscal Years 2022 through 2026. On the following EXHIBIT "A" excerpted from the AUIR report the ImmSIP projects are contained within Project No. 60143 and named Immokalee Stormwater Improvements. The source of funding for the Carson Road Stormwater Treatment Area facility is a stormwater bond that was previously approved by the Board of County Commissioners. The executive summary for the stormwater bond approval is also attached to this Project Funding Information document. Packet Pg. 1306 Q tz CO X w uoi}eoilddv }ueao 8C)8 ;oe=j-ay;-aa;jd `d1S pM uosieo : Sb90Z) ddo diysaau:Ped aWM=IS ddV :;uauayoe;}d aoor.�� 000 1 S$ it ootQsoo+o�e��e $ Nl.`� o0000 I+$*! 0 00 � � r• � Op * C ep CI M � �e R � N M N �V a M � pp IUD QA p tV %d !M IV U`1 +dl e+ iJ'1 r Y! a rf� g 0 0 p U O '� S O U ❑ ii N e0 N Yv N +M +O ✓i a 2 a Li w u u 4`! 44 fy m Ti Q Q C G Q Q Q ✓�' MO N G N �b rY '1 N to 1b ✓r fr 74 O O O a U tC LI 6UC U lJ 4 fY U 0 ct +-4 ♦A A O ..4 Q .4 �p1 " �. 6 pQ © R Q 0 C C3 U� Q 1 N NI N kO N IY N W ./ r M4 0l * %j a Li p QC p W p W D a 4 ILIqqapp r?4i QQ1 s n �� 75 C r"',i v §_ ti I d H C C c of C c C T m C jt € ° u m `m �d ®?a r k Vo C" -6 cpaIm J� _ � ce LL t" N r4V ry 5OL �po*i �i AppS Vp c� a Uc7 [�► u1�DtDL1 p pG VI iO�Dr�rl�p pm �G S O Cf b �b b b . M iR ♦ei Op d n m N M N `a. p C O N ;3 Jh Fry- b ■4 N W M n m a rp Q +G ry R vi ry r1 4E. a. 17 L'N5 LP PON Page —Lot �T 09/22/2020 16.A.30.a EXECUTIVE SUMMARY Recommendation to approve a Resolution authorizing the issuance of not exceeding $92,000,000 in aggregate principal amount of Collier County, Florida Special Obligation Revenue Bonds, Series 2020A to finance the acquisition, construction and equipping of various capital improvements and refinance certain outstanding indebtedness of Collier County; and not exceeding $26,000,000 in aggregate principal amount of Collier County, Florida Taxable Special Obligation Revenue Bonds, Series 2020B to purchase certain real property; making certain covenants and agreements with respect to said bonds; authorizing the awarding of said bonds pursuant to a public bid; delegating certain authority to the County Manager for the award of the bonds and the approval of the terms and details of said bonds; authorizing the publication of a Notice of Sale for the bonds or a summary thereof; authorizing the distribution of a preliminary official statement; appointing the paying agent and registrar for said bonds; establishing a book -entry system of registration for the bonds; authorizing the execution and delivery of a continuing disclosure certificate; providing for an effective date; and approve all necessary FY 2021 budget amendments. OBJECTIVE: To approve the enabling documents necessary to provide for an open market competitive bid; related award and issuance of not exceeding $92,000,000 in aggregate principal amount of Special Obligation Revenue Bonds, Series 2020A and issuance of not exceeding $26,000,000 in aggregate principal amount of Taxable Special Obligation Revenue Bonds, Series 2020B. CONSIDERATIONS: For at least the past two fiscal years a discussion of financing certain new and replacement capital infrastructure has been discussed by the Board at the time of Budget Policy adoption and during budget workshops. The issuance of debt for capital improvements is generally considered as a good alternative to pay as you go under the philosophy that future tax payers who will also enjoy the capital improvements should participate in funding capital improvements rather than that burden falling solely to existing tax payers. Further, the low interest rate environment, the County's investment quality credit rating, a revenue to debt service ratio well below the self-imposed cap of 13%, and not raising the millage rate to pay debt service for world class capital amenities provide further rationale for issuing strategic debt. This planned new and replacement capital financing generally includes two components; tax exempt financing for storm -water system improvements, parks aquatics and other parks/recreation infrastructure and refinancing certain variable rate commercial paper debt used to purchase the sports complex property; and a taxable component to purchase the 967 acre Hussey property which the Board authorized in May 2020 and funds to acquire the plus or minus 1,046 acre Camp Keais parcel. The following table describes the major projects and indebtedness sought. Projects Planned Par Financing Amount Planned Par Financing - Tax Exempt Amount -Taxable Stormwater System $60,000,000 Improvements (including but Packet Pg. 1308 16.A.30.a 09/22/2020 not limited to) • Golden Gate Outfalls • West Goodlette Frank Road Area • Naples Park • Upper Gordon River • Palm River • Lake Park Flow way • Lake Trafford West End Park Aquatic and Pump Infrastructure (including but not limited to) $20,000,000 • Sun and Fun • Golden Gate • Immokalee • Vineyards Strategic Property Acquisition • Hussey - Board Approved May 2020 $10,000,000 • Camp Keais (under consideration) $15,000,000 Refinance Variable Rate Commercial Paper Loan Proceeds for Purchase of the Sports Complex Property to Fixed Rate Debt $10,000,000 Totals $90,000,000 $25,000,000 Generally, planned stormwater projects considered for funding include improvements related to flood protection, water quality, system restorations and upgrades and system enhancements to address changes in both the built environment and natural setting, due to changing populations, demographics and climate. A description of certain strategic system improvements is shown below. • Golden Gate City Outfalls: The project includes four square miles of developed area challenged by aging infrastructure, resulting in chronic and widespread street flooding and other nuisance flooding. Work in the area will begin by addressing the 130+ Stormwater outfalls that have reached the end of their useful life in combination with the evaluation of the canal system's ability to receive stormwater. Future phases of the project will focus on neighborhood improvements to provide both flood protection and water quality improvements and will be partnered with other infrastructure improvements planned for the area. • Naples Park: The project is an ongoing partnership with Collier County Public Utilities to provide new Water, Wastewater and Stormwater Infrastructure on all east -west streets in Naples Park. The project provides significant improvements to the Stormwater Packet Pg. 1309 16.A.30.a 09/22/2020 Management System in areas that have been challenged by frequent street flooding and other nuisance flooding concerns. These upgrades to the Stormwater System also provide essential water quality improvements through the more modern and effective management of Stormwater runoff, therefore reducing nutrients and other pollutants discharged into sensitive receiving waters. • West Goodlette Frank Road Area Stormwater Improvement: This project is Phase II of the partnership between the City of Naples and Collier County to deliver a combined septic to sewer conversion and stormwater infrastructure project which will address critical flooding issues experienced in the neighborhoods and will convert approximately 900 septic systems to sanitary sewer. This project is critical for both health safety, by providing enhanced flood protection, and water quality, as the project will decrease nutrients being discharged to the Gordon River and ultimately Naples Bay, which are both impaired. • Upper Gordon River: The watershed of the Gordon River consists of more than 4,000 acres. A suite of projects are being developed to address issues such as street and neighborhood flooding, increased conveyance of stormwater, water quality improvements to protect sensitive receiving waters and increased flood protection level of service through modernizing and automating structures, improvement of treatment train capacity through pump and infrastructure upgrades, etc. These projects include the replacement of the Gordon River AMIL gates, Freedom Park Bypass Ditch upgrades, Freedom Park Pump Station upgrades, Gordon River Rock Weir replacement and channel improvements etc. Planned aquatics and other parks and recreation improvements considered for funding include; • Various capital improvements at "Sun and Fun", Golden Gate, Immokalee and Vineyards aquatics facilities including but not limited to, those related to pool restoration, electrical, decking, disability improvements, activity and competitive pool improvements, bathhouse, slide tower, pump house, splash pads, flow rider and other improvements. • Various capital improvements at Sugden Park, North Collier Regional Park and Caxambas Park including but not limited to, those related to piers, stationary docks, floating docks, and boardwalks. • Various capital improvements at Goodland and Port of the Island Marinas including but not limited to, assessment and renovation of dock and reparation and replacement of seawalls. Internal Revenue Code provisions require that proceeds derived from tax exempt indebtedness be reasonably spent within a three (3) year window. Taxable debt proceeds have no spend down limitations. Tax exempt financing offers a lower cost of financing and the interest rate spread between taxable and tax-exempt financing is approximately 30 to 50 basis points, depending upon market conditions. Due to the potential for end land uses on the Hussey and Camp Keais properties which do not qualify for tax exempt status, taxable financing is the prudent approach. Board members will recall that taxable financing was used to acquire the Golden Gate Golf Course. Packet Pg. 1310 16.A.30.a 09/22/2020 Local Option Infrastructure Sales Tax Financing is not intended for use nor available to funding these planned capital improvements. This executive summary provides as attachments required documents necessary to market, competitively sell and award these capital improvement bonds based upon the lowest true interest cost (TIC). Also attached is the Plan of Finance prepared by PFM Financial Advisor's, LLC., the County's independent financial advisor. The Plan of Finance is summarized below; Item Description Pledge Revenues: Covenant to Budget and Appropriate (CBA) all Legally Available Non- Advalorem Revenues Maximum Annual Debt Service $6,298,400 Average Annual Debt Service $6,295,500 Debt Service Structure: Level Debt Service (equal payment in every year) Aggregate Financing Term: 25 years Planning Scenario True Interest Cost (TIC) 2.5578% (actual based upon competitive placement) First Interest Payment Date: April 1, 2021 Tax Exempt Call Redemption Feature: 10 years, at par Debt Service Reserve Fund: $0 Credit Enhancement/Bond Insurance: Bidder's option Debt service will be paid from a covenant to budget and appropriate (CBA) all legally available non ad -valorem revenues. Based upon current market conditions it is likely that the lowest TIC bid will be lower than the planning scenario of 2.5578%. While the "Plan of Finance" is specific regarding how proceeds will be distributed, Bond Resolution language and language within the disclosure documents will contain customary statements providing the County with flexibility to use proceeds from the tax exempt Series 2020A and Taxable Series 2020B for other like capital needs authorized by the County. FINANCE COMMITTEE RECOMMENDATION: The Finance Committee after discussion endorsed by majority vote the Plan of Finance as recommended by the County's independent financial advisor. FISCAL IMPACT: Closing on the bond issue is expected on or about November 3, 2020. Bond proceeds on the project anticipated to be in the $115,000,000 to $117,000,000 range dependent upon market and bid conditions (bond premium, underwriters discount, etc.) with the tax-exempt component paid out in various construction increments over a period not to exceed three years from closing. The Bond Resolution provides the necessary issuance flexibility to accommodate market and bid conditions. Packet Pg. 1311 09/22/2020 16.A.30.a Taxable proceeds for acquisition of the Hussey property will be paid at a planned December 2020 closing while further discussions on strategic purchase of the Camp Keais parcel is ongoing and proceeds will be held pending final Board action. The following table provides the preliminary sources and uses of funds for both Series A and Series B. Sources of Funds Tax Exempt - Series A Taxable - Series B Total Par Amount $75,570,000 $25,255,000 $100,825,000 Premium $15,189,600 $0 $15,189,600 Total Sources $90,759,600 $25,255,000 $116,014,600 Uses of Funds CP Refinancing $10,000,000 $0 $10,000,000 Parks $20,000,000 $0 $20,000,000 stormwater $60,000,000 $0 $60,000,000 Land Acquisition $0 $25,000,000 $25,000,000 Underwriters Discount $377,900 $126,300 $504,200 Cost of Issuance $381,700 $128,700 $510,400 Total Uses $90,759,600 $25,255,000 $116,014,600 Annual debt service will be paid from regularly planned and appropriated pay as you go non ad - valorem general governmental capital dollars. No millage increase is planned to backfill non ad - valorem pay as you go capital dollars earmarked to pay debt service on this financing. GROWTH MANAGEMENT IMPACT: None LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, is approved as to form and legality, and requires majority vote for approval. -JAK RECOMMENDATION: That the Bond Resolution; all enabling documents; and all necessary FY 2021 budget amendments be approved. Prepared by: Mark Isackson, Director of Corporate Finance and Management Services, Office of Management and Budget ATTACHMENT(S) 1. Collier County Series 2020AB - Plan of Finance Memorandum (PDF) 2. Bond Resolution (PDF) 3. EXHIBIT B - Form of Official Notice of Sale (PDF) 4. EXHIBIT C - Form of Continuing Disclosure Certificate (PDF) 5. EXHIBIT D - Form of Preliminary Official Statement (PDF) Packet Pg. 1312 09/22/2020 16.A.30.a COLLIER COUNTY Board of County Commissioners Item Number: I LB Doc ID: 13571 Item Summary: Recommendation to approve a Resolution authorizing the issuance of not exceeding $92,000,000 in aggregate principal amount of Collier County, Florida Special Obligation Revenue Bonds, Series 2020A to finance the acquisition, construction and equipping of various capital improvements and refinance certain outstanding indebtedness of Collier County; and not exceeding $26,000,000 in aggregate principal amount of Collier County, Florida Taxable Special Obligation Revenue Bonds, Series 2020B to purchase certain real property; making certain covenants and agreements with respect to said bonds; authorizing the awarding of said bonds pursuant to a public bid; delegating certain authority to the County Manager for the award of the bonds and the approval of the terms and details of said bonds; authorizing the publication of a Notice of Sale for the bonds or a summary thereof, authorizing the distribution of a preliminary official statement; appointing the paying agent and registrar for said bonds; establishing a book -entry system of registration for the bonds; authorizing the execution and delivery of a continuing disclosure certificate; providing for an effective date; and approve all necessary FY 2021 budget amendments. (Mark Isackson, Director of Corporate Financial Planning and Management Services) Meeting Date: 09/22/2020 Prepared by: Title: — Office of Management and Budget Name: Debra Windsor 09/15/2020 3:01 PM Submitted by: Title: Division Director - Corp Fin & Mgmt Svc — Budget and Management Office Name: Mark Isackson 09/15/2020 3:01 PM Approved By: Review: Office of Management and Budget Budget and Management Office County Attorney's Office County Manager's Office Board of County Commissioners Debra Windsor Level 3 OMB Gatekeeper Review Mark Isackson Additional Reviewer Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Nick Casalanguida Level 4 County Manager Review MaryJo Brock Meeting Pending Completed 09/15/2020 3:01 PM Completed 09/15/2020 3:28 PM Completed 09/16/2020 9:19 AM Completed 09/16/2020 9:40 AM 09/22/2020 9:00 AM Q Packet Pg. 1313 q 0 M tD �> ----------- 7 o<w Q W Z w m uoijeoilddV jueaE) 838 ;oed-ayj-ao:UV `d1S p21 uosie3 : 9ti9oZ) ddp diysaau:Ped awMdS ddv :4ugwLjoe44d Ro LU ZVzi_ V (p W d O s e e 5 o >o< g o CL HU. 1 p o f CL a5 C o C LAM- r o m W �0 Z W L 7 z0 Z v w Z 5W G W ry VJ W N W CD Z 2 O U) a o It0� D-O = J LL Z OZ H D N 0 M C) Q� Z W aJ M 0 C LO Z O W U) LL O ry a a z U � W F � U �O a Q o Cj U o J 0 = O � W W W O L� O > M r E 00 W W O C w O N Z U W J co cn W N O of O Z `. W = IL J 0° OD < J N 0 z U 5 5 3 � g w¢ 0 M Q F w NOli! m " h was' g-ff. ��z O�Z '40 QQ a >w Z�ofez ?.s. W a oQW :s3 O uoijeoijddV ;ueaE) 838;3ed-9y;-je:UV `d1S p21 uosie, : S,,90Z) ddp diysaau:Ped 4WMdS dd`d :;uauayoelId Ln Y fgy" Spy t_mpg m fr s s s § gi e i N m � w gas p= y 0 N 4�= uoijeoilddv jueao 8o8 ;oed-mil-aauv v1S pu uosm:o : St,90Z) ddo diysaau:Ped dWMdS ddV :luauayoePd 16.A.30. b Co ter County Office of Management & Budget TO: Mark Isackson, County Manager CC: Trinity Scott Director — Growth Management Division Matthew McLean Division Director — Capital Project Planning, Impact Fees and Program Management ,4 FROM: Therese Stanley Manager — OMB Grants Compliance DATE: November 12, 2021 Grant Applica ' Reviewed and Approved by County Man e , or designee: County Manager 1,1- `Z- 1,t (date After -the -Fact Approval by the BCC is required at the December I4, 2021 BCC meeting RE: County Manager review and approval to submit an application to the South West Florida Water Management District (SFWMD) for the Big Cypress Basin Regional Partnership grant program to fund the Carson Road Stormwater Treatment Area facility project in the amount of $4,000,000 (ATF 22-002) The Growth Management Stormwater Division is applying for Big Cypress Basin Regional Partnership (BCBRP) Grant funding through the South West Florida Water Management District (SFWMD) grant program. The BCBRP grant funding will assist with the construction and/or implementation of water quality and natural systems projects that support or complement the Basin's mission. The Carson Road Stormwater Treatment Area facility is a proposed stormwater capital improvement project in Immokalee to provide for a new stormwater discharge location to reduce flooding in the western portion of Immokalee. The total project cost is in the amount of $4,000,000. The grant amount requested is $720,000 0 with a local match commitment of $3,280,000. The local match commitment is available within 2 LU the Stormwater Bond Fund (327) supported by stormwater bond revenue. The South Florida Water Management District announced funding availability on September 24, 2021 with applications due no later than November 12, 2021. Due to the short turnaround, we are asking for your approval to submit the application followed by an After -the -Fact approval by t the Board of County Commissioners at the December 14, 2021 BCC meeting. U r a Once you have reviewed the application, please sign in the box above and in the areas marked throughout the application and call me for pickup at 239-252-2959. Thank you, and please let me know if you have any questions regarding this request. 3299 Tamiami Trail East, Suite 201 - Naples, Florida 34112-5746.239-252-8973 • FAX 239-252-8828 Packet Pg. 1317