Title
MOTION TO APPROVE THE CLOSING AGREEMENT G2564 BETWEEN THE CITY OF PEMBROKE PINES/SOUTHWEST FOCAL POINT SENIOR CENTER AND FLORIDA DEPARTMENT OF TRANSPORTATION FOR OPERATING ASSISTANCE IN THE AMOUNT OF $346,940.00
Summary Explanation and Background
SUMMARY EXPLANATION AND BACKGROUND:
1. On January 12, 2022 with Resolution 2022-R-02 the City of Pembroke Pines/Southwest Focal Point presented a grant application to Florida Department of Transportation in the amount of $346,940. This application was approved. The City was awarded $346,940. These funds were utilized to cover the salaries and fringe benefits for the Transit Only employees.
2. Seven Invoices were submitted to the Florida Department of Transportation as follows:
Invoice #1 $ 55,328.26
Invoice #2 $ 70,889.61
Invoice #3 $ 75,533.21
Invoice #4 $ 38,426.69
Invoice #5 $ 54,337.73
Invoice #6 $ 47,930.65
Invoice #7 $ 4,493.85
TOTAL $346,940.00
3. Requesting Commission approval to executed requested Closing Agreement G2564
Financial Impact
FINANCIAL IMPACT DETAIL:
a) Initial Cost: No Cost to the City.
b) Amount budgeted for this item in Account No: Awarded amount was allocated to cover Transit salaries and fringe benefits for Division 128-544-8001-534990-0000-000-0000 Contractual Service Other.
c) Source of funding for difference, if not fully budgeted: Not Applicable.
d) 5 year projection of the operational cost of the project: Not Applicable.
Current FY
Year 2
Year 3
Year 4
Year 5
Revenues
Expenditures
Net Cost
e) Detail of additional staff requirements: Not Applicable.
FEASIBILITY REVIEW:
A feasibility review is required for the award, renewal and/or expiration of all function sourcing contracts. This analysis is to determine the financial effectiveness of function sourcing services.
a) Was a Feasibility Review/Cost Analysis of Out-Sourcing vs. In-House Labor Conducted for this service? Not App...
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