File #: 20-115   
Status: Agenda Ready
In control: Public Works - Water and Wastewater Services
Agenda Date: 1/28/2020 Final action: 1/28/2020
Title: MOTION TO APPROVE Second Amendment to Agreement for Capacity Allocation in Phase 1 of the C-51 Reservoir between Broward County and Palm Beach Aggregates, LLC of six million gallons per day at a capital cost of $27,600,000 in order to extend Palm Beach Aggregates' deadline for funding and construction start to May 31, 2020; and authorize the Mayor and Clerk to execute same.
Indexes: Established Commission Goals
Attachments: 1. Exhibit 1 - C51 Reservoir Capacity Allocation Phase 1 Agreement Execute, 2. Exhibit 2 - First Amendment to the C-51 Capacity Allocation Agreement, 3. Exhibit 3 - C51 2nd Amendment for Capacity Allocation
Date Action ByActionResultAction DetailsMeeting DetailsVideo
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Broward County Commission Regular Meeting
Director's Name: Thomas Hutka
Department: Public Works Division: Water & Wastewater Services

Information
Requested Action
title
MOTION TO APPROVE Second Amendment to Agreement for Capacity Allocation in Phase 1 of the C-51 Reservoir between Broward County and Palm Beach Aggregates, LLC of six million gallons per day at a capital cost of $27,600,000 in order to extend Palm Beach Aggregates' deadline for funding and construction start to May 31, 2020; and authorize the Mayor and Clerk to execute same.

body
Why Action is Necessary
Board of County Commission approval is required for amendments to agreements.

What Action Accomplishes
Modifies the deadline for Palm Beach Aggregates, LLC to obtain commitments and construction financing to move forward with Phase I construction of the C-51 reservoir.

Is this Action Goal Related
Yes

Previous Action Taken
None

Summary Explanation/Background
PUBLIC WORKS DEPARTMENT/WATER AND WASTEWATER SERVICES RECOMMENDS APPROVAL.

This item supports the County Commissioners' Value of "Encouraging investments in renewable energy, sustainable practices and environmental protection" with the goal to "increase water quality protection efforts and lead creative approaches to water storage and aquifer recharge, as well as diversification of water supplies, regionally."

On May 2, 2017 (Item No. 16), the Board of County Commissioners approved the Agreement for Capacity Allocation in Phase 1 of the C-51 Reservoir to purchase six million gallons per day (MGD) of water storage at a capital cost of $27,600,000 The proposed C-51 Reservoir represents a multi-year collaboration between local governments, water suppliers, and water management agencies. This regional water resource project has the potential to deliver significant environmental and water supply benefits.

The original agreement had specific timelines for Palm Beach Aggregates to secure funding and commence construction for th...

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