Placement: Resolutions
Action Requested: Motion / Vote
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Resolution 25-R85, Approving the First Amendment to Construction Agreement for Tradition Regional Park
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Submitted By: Zakariya M. Sherman, Executive Project Manager, Parks and Recreation
Strategic Plan Link: The City's Goal to Enjoy Culture, Nature and Recreation.
Summary Brief (Agreements/Contracts only)
1. Prepared by: Zakariya M. Sherman, Executive Project Manager, Parks and Recreation
2. Parties: City of Port St. Lucie and Mattamy Palm Beach, LLC
3. Purpose: The purpose of this First Amendment is to revise the Schedule of Values (Exhibit "B") in the original agreement to reflect the allocation of an additional $750,000 in County park impact fee credits. These funds are being applied to specific project components within Tradition Regional Park and update the total estimated project cost accordingly.
4. New/Renewal/Modified: Modified
5. Duration: The 24-month term, effective May 21, 2024, remains unchanged.
6. Benefits to Port St. Lucie: This amendment clarifies how the remaining $750,000 in County park impact fee credits will be allocated within the project budget and updates the schedule of values to reflect the full project total. The amendment specifies that the funds will be used for the gravel blanket ($360,500), sub-drainage ($373,250), and contingency ($16,250) for the natural grass fields.
7. Cost to Port St. Lucie (Annual and Potential): There is no additional cost to the City. The total project cost remains $23,597,418.36, funded through City and County impact fee credits and existing project allocations.
Presentation Information: N/A, though staff will be available to address any questions.
Staff Recommendation: Move that the Council approve the First Amendment to the Tradition Regional Park Construction Agreement.
Alternate Recommendations:
1. Move that the Council amend the recommendation and approve the First Amendment to the Tradition Regional Park Construction Agreem...
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