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Council approves interfund loan and award for Beach Street drainage resiliency project
Summary
Council approved up to $800,000 in interfund borrowing and awarded the Beach Street drainage improvement contract to Harris McBurney Co. after staff presented a $1.898 million low bid and described FEMA hazard-mitigation funding covering most costs.
The New Port Richey City Council on Feb. 4 voted to authorize interfund financing and to award the Beach Street drainage improvements project to the low bidder following staff presentations on project scope, funding and bids.
Public works director Mr. Rivera described the project s approximately 1,980 feet of 36-inch stormwater pipe, new outfall and a continuous deflection separation (CDS) unit for water-quality treatment. He recommended awarding the contract to Harris McBurney Company at the low bid of $1,898,761.80. "We would recommend approval of the low bid at $1,898,000 $761.80," Mr. Rivera said.
Finance director Crystal Feese explained funding: the project is in the capital-improvements program and staff has secured a FEMA Hazard Mitigation Grant Program award covering 90% of the project at the original request; staff has applied for an amendment seeking additional grant funds. Feese requested a three-year interfund loan from the city's water and sewer fund of $768,860 and an increase of $206,310 from stormwater prior-year reserves to cover the remaining local share, with a proposed 4.57% interest rate and annual payments structured beginning Oct. 1, 2025.
Council debated authorizing the loan at a rounded $800,000 not-to-exceed figure to allow flexibility in the face of fluctuating bids and costs, then approved both the loan authorization and the bid award to Harris McBurney Company. Council members emphasized coordination with county flood-mitigation efforts and potential access to larger regional funding streams.
