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Commission approves consent items including $4.6M SRF water-main contract, Glen Cove CDBG award and several local agreements
Summary
The Panama City Commission on April 24 approved a set of consent actions, including a $4.6 million SRF-funded water-main contract, a CDBG-DR Glen Cove award and several local agreements to clear title, address and funding issues.
The Panama City Commission approved a package of consent items at its April 24 meeting, voting on multiple contracts, grant acceptances and local agreements that city staff said are necessary for utilities, redevelopment and operations.
Key approvals included:
- A construction contract for PC25033SRF Area D14 mainline improvements to Mainline Construction in the amount of $4,607,573.44, with an additive alternate and up to a 5% contingency (total authorized up to $4,837,952.11). Staff explained the state’s State Revolving Fund (SRF) will provide advance payments for approved pay applications, and loan repayment to the state is not expected until at least May 2026; interest is 0% and the loan includes partial forgiveness.
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