Subject:
Title
Public Hearing, re: Approval of Resolution for Adoption of State Revolving Fund (SRF) Wastewater Facility Plans for the following South Beaches Projects: (1) Deep Injection Well Improvements (District 3), (2) Wastewater Treatment Facility to Advanced Wastewater Treatment (AWT) Conversion-6 MGD Treatment Train (District 3), and (3) Riverside Drive Force Main Improvements-Riverside Drive 30-inch Parallel Force Main (Districts 4 & 5) as required by the Florida Department of Environmental Protection.
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Fiscal Impact:
The estimated capital cost to be financed by SRF for each South Beaches project is as follows:
* Deep Injection Well Improvements - $23,911,406
* Wastewater Treatment Facility to AWT Conversion - 6 MGD Treatment Train - $22,920,257
* Riverside Drive Force Main Improvements - Riverside Drive 30-inch Parallel Force Main - $19,736,302
Pending SRF selection for project (s) and funding amount allocation.
Dept/Office:
Utility Services
Requested Action:
Recommendation
It is requested that the Board of County Commissioners conduct a public hearing for approval of a resolution adopting the Facility Plans for the following South Beaches Projects: (1) Deep Injection Well Improvements, (2) Wastewater Treatment Facility to AWT Conversion-6 MGD Treatment Train, and (3) Riverside Drive Force Main Improvements-Riverside Drive 30-inch Parallel Force Main.
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Summary Explanation and Background:
The Utility Services Department has various projects underway, which are required by State and Federal law related wastewater nutrient reduction. Although SRF typically caps its loan amount to utility departments at approximately $25M, it is an option for funding the projects, even though it may be a partial fund. The advantage of SRF is that it is a low-interest loan through the State via the Environmental Protection Agency. Typically, the interest rate is 2-3% less than the bond market.
During the January 13, 2026, Board meeting, approval was given f...
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