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Agenda 09/12/2023 Item #16B 3 (Appropriate revenue to Stormwater Capieal Improvement Fund)09/12/2023 EXECUTIVE SUMMARY Recommendation to recognize and appropriate revenue to Stormwater Capital Improvement Fund (3050), Project Number 60266, in the amount of $528,431.35 and authorize the necessary Budget Amendment. OBJECTIVE: To recognize and appropriate revenue. CONSIDERATIONS: On April 25, 2023, Agenda Item 17D, the Board approved the developer agreement between Collier County and TB East Trail LLC (Developer) to provide $528,431.35 for a stormwater management improvement project between Spruce Street and Pine Street. The Developer agreed to make a payment of $528,431.35 within 60 days of the approval. On June 21, 2023, the Transportation Management Services Department (TMSD) received payment from the Developer, in the amount of $528,431.35. Bu dget amendments are required to recognize revenue and appropriate funding within the Stormwater Capital Improvement Fund (3050), Project number 60266. FISCAL IMPACT: A budget amendment is required to recognize and appropriate revenue within the Stormwate r Capital Improvement Fund (3050), project number 60266 - US 41 East Trail (Spruce-Pine St) in the amount of $528,431.35. GROWTH MANAGEMENT IMPACT: The proposed stormwater construction project is in accordance with the goals, objectives, and policies of all applicable sections of the Stormwater Management and the Conservation and Coastal Management elements of the Growth Management Plan LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, raises no legal issues, and requires majority vote for approval. -JAK RECOMMENDATION: Recommendation to recognize and appropriate revenue to Stormwater Capital Improvement Fund (3050), Project Number 60266, in the amount of $528,431.35 and authorize the necessary Budget Amendment. Prepared By: Daniel Roman, PE, Stormwater Management Section, Capital Project Planning, Impact Fees, and Program Management Division 16.B.3 Packet Pg. 470 09/12/2023 COLLIER COUNTY Board of County Commissioners Item Number: 16.B.3 Doc ID: 26287 Item Summary: Recommendation to recognize and appropriate revenue to Stormwater Capital Improvement Fund (3050), Project Number 60266, in the amount of $528,431.35 and authorize the necessary Budget Amendment. Meeting Date: 09/12/2023 Prepared by: Title: – Capital Project Planning, Impact Fees, and Program Management Name: Nadine Dunham 08/08/2023 10:11 AM Submitted by: Title: Division Director - Capital Proj Plan, Impact Fees – Capital Project Planning, Impact Fees, and Program Management Name: Beth Johnssen 08/08/2023 10:11 AM Approved By: Review: Transportation Management Services Department Jeanne Marcella Transportation Management Services Department Completed 08/14/2023 4:39 PM Capital Project Planning, Impact Fees, and Program Management Daniel Roman Additional Reviewer Completed 08/15/2023 12:15 PM Growth Management Community Development Department Lisa Taylor Additional Reviewer Completed 08/15/2023 1:56 PM Capital Project Planning, Impact Fees, and Program Management Beth Johnssen Additional Reviewer Completed 08/15/2023 4:40 PM Transportation Management Operations Support Tara Castillo Additional Reviewer Completed 08/15/2023 8:19 PM Capital Project Planning, Impact Fees, and Program Management Raquel Ovares Additional Reviewer Completed 08/16/2023 8:54 AM Transportation Management Services Department Trinity Scott Transportation Completed 08/22/2023 2:12 PM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 08/22/2023 2:21 PM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 08/23/2023 2:51 PM Community & Human Services Maggie Lopez Additional Reviewer Completed 08/28/2023 9:49 AM County Manager's Office Amy Patterson Level 4 County Manager Review Completed 09/05/2023 4:43 PM Board of County Commissioners Geoffrey Willig Meeting Pending 09/12/2023 9:00 AM 16.B.3 Packet Pg. 471