Commerce_Grant_No._S0238.pdf

This document is a Florida Defense Infrastructure Grant Agreement between the Florida Department of Commerce and the Walton County Economic Development Alliance (Grantee), focusing on infrastructure improvements for the Eglin Air Force Base area. The project involves roadway intersection improvements on State Road 83 near the West Bay Loop intersection, specifically SR 20. The improvements include adding a northbound right turn lane, relocating the existing multi-use pedestrian path, and upgrading traffic signalization for both major and minor intersection approaches. The agreement is effective from July 1, 2023, through June 30, 2026, with potential extensions upon mutual written agreement.

The grant provides funding to support local infrastructure projects that benefit the military installation, with Commerce providing funds through a cost reimbursement agreement. The total project budget requires the Grantee to provide a minimum 30% match (approximately $249,288.30) of the total project costs. Funding is contingent on annual appropriations, and the Grantee must comply with various reporting requirements, including quarterly financial reports, minority and service-disabled veteran business enterprise participation documentation, and a final close-out report. The project must adhere to federal, state, and local regulations, and the Grantee is responsible for design, permitting, construction oversight, and ensuring all necessary documentation is submitted to Commerce for reimbursement.