SUBJECT
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Approve Sub-Agreement No. SA-5 to the Water Wheeling Infrastructure Master Cost-Sharing Agreement with the Water Cooperative of Central Florida relating to the Cypress Lake Wellfield Project. ($2,733,910 not-to-exceed, one-time expense)
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DESCRIPTION
On Octoer 5, 2021, the Board of County Commissioners approved the Water Wheeling Infrastructure Master Cost-Sharing Agreement (Water Wheeling Agreement) with the Water Cooperative of Central Florida relating to the Cypress Lake Wellfield Project. The Water Wheeling Agreement provides a mechanism for the sharing of costs between member governments for existing and future water transmission infrastructure necessary to deliver finished water from the Project to each member. The Water Wheeling Agreement includes a Water Wheeling Infrastructure Plan which identifies specific segments of pipeline and the corresponding financial obligation for each member based on their respective percentage of flow or allocation for each pipe.
Cost-Sharing Project Sub-Agreements are utilized to commit each member to pay its cost-share amount of the design, permitting, construction, installation, and subsequent long-term maintenance for each applicable pipeline segment. The Project Sub-Agreements are the sole mechanism for establishing the final cost-sharing obligations of each member for each pipeline segment. Project Sub-Agreement No. SA-5 identifies the cost-share for each member for two (2) Cypress Lake transmission segments within the South Poinciana Boulevard corridor. Project Sub-Agreement No. SA-5 does not become effective unless and until all parties have approved and executed the Project Sub-Agreement.
RECOMMENDATION
Request Board approve Sub-Agreement No. SA-5 to the Water Wheeling Infrastructure Cost-Sharing Agreement with the Water Cooperative of Central Florida relating to the Cypress Lake Wellfield Project at a cost to the County not to exceed $2,733,910.
FISCAL IMPACT
Funding is available within the...
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