b. The Department agrees to participate in the Project cost up to the maximum amount of

City Commission Regular Meeting · 2026-06-16 · agenda_item

This item concerns a project where the Department will contribute up to $350,000, not exceeding 80% of the total eligible costs. The Agency will cover any expenses beyond the Department's contribution, including cost overruns. The project details are further described in Exhibit B, Schedule of Financial Assistance. This item is currently under review. The work will likely involve site preparation, utility installation, construction, and finishing trades, depending on the project's specific nature as outlined in Exhibit B. Local contractors, suppliers, and service providers are encouraged to engage early to understand the project scope and potential opportunities before final bids and permits are established.

maximum amount of Department participation

350000 $

Department's participation percentage

80.00 %