Subject:
Title
Approval to Extend the existing TDC/MIRA Amphitheater Grant from April 6, 2024, to April 6, 2025 and Approval of a $1.23 Million TDC Grant to construct a restrooms/concessions structure adequate to serve existing and future large events.
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Fiscal Impact:
With this request, the total project construction cost would be approximately $7.8 million for a much- improved project despite the inflationary challenges. The State of Florida Appropriation Grant would contribute $1.0 Million (13%) of the construction cost, MIRA would contribute roughly $4.4 million (57%), and the TDC grants would contribute 31% of the project's total construction cost.
Dept/Office:
District 2 Commission Office
Requested Action:
Recommendation
The Merritt Island Redevelopment Agency requests that the Brevard County Board of County Commissioners approve two items recommended by the Tourist Development Council at their February 28, 2024, Members Meeting.
The two requests are as follows:
1) Extend the existing TDC/MIRA Amphitheater Grant from April 6, 2024, to April 6, 2025.
2) Approval of a $1.23 Million TDC Grant to construct a restrooms/concessions structure adequate to serve existing and future large events.
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Summary Explanation and Background:
At the MIRA Board Meeting on July 25, 2024, the Board moved to complete the Amphitheatre project and associated infrastructure improvements. Previous conditions have been met: a county-approved parking study and the contractor, Ivey's Construction, agreeing to hold project costs as negotiated with the County Amphitheatre Contractor Negotiations Committee. The project costs are to be held for 60 days.
The MIRA Board also agreed to advance the referenced request identified above, which had been approved by the Tourist Development Council, to the Brevard County Board of County Commissioners for final approval as soon as possible to complete the project.
Project Location: Veteran's Memorial Park; 400 S. Sykes Creek Parkway, just...
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