22CF0003690-1.pdf

This document is an Amendment No. 1 to a Cooperative Funding Agreement between the Southwest Florida Water Management District and the City of St. Petersburg for a stormwater drainage improvement project. The project involves constructing stormwater drainage improvements in the neighborhood west of 4th Street North between 50th Avenue North and 54th Avenue North canal. The scope includes low impact development (LID) techniques and increased stormwater conveyance capacity via enlarged conduits. The project is scheduled to commence on 10/01/2021 with design and third-party review, and is expected to complete construction by 08/14/2025. The project's primary objective is to reduce existing flooding problems during the 100-year, 24-hour storm event.

The total project budget is $6,216,690, with the District's share being $2,728,500 and the Cooperator's funding match at $3,488,190. The project includes a $300,000 land acquisition cost and is classified as a Type 3 risk level project with an effective date of 10/01/2022 and expiration date of 03/01/26. Funding is multi-year and approved through fiscal year 2023. The project will involve 60% design plans, third-party review, and construction of stormwater improvements, with specific tasks including design package submission, third-party review, property acquisition, construction, engineering inspection, and final survey and certification of substantial completion.