1. Approve State Revolving Fund Amendment #1 to Loan Agreement

City Commission Meeting · 2026-06-18 · agenda_item

This item concerns an amendment to a State Revolving Fund loan agreement, Loan Agreement WW050640. The amendment is intended to provide more time for the planning, design, and construction phases of a project. It also revises specific terms within the existing agreement. The City Commission of Cocoa Beach is considering this amendment. This item is currently under review, with a recommendation for approval. The project scope would involve continued work on planning, design, and construction activities. This could include engineering, architectural services, site work, utility connections, and building construction as the project progresses through its phases. Local contractors, trades, suppliers, and service providers may find opportunities by engaging early. Understanding the project's needs before final plans and permits are set can offer a competitive advantage.