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RESOLUTION NO. 2026 - A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, APPROVING AN AMENDMENT TO THE LOCALLY FUNDED AGREEMENT BETWEEN THE CITY OF SUNNY ISLES BEACH AND THE FLORIDA DEPARTMENT OF TRANSPORTATION FOR THE REHABILITATION, REPAIR, AND/OR REPLACEMENT OF THE ATLANTIC ISLE HISTORIC BRIDGE, ATTACHED HERETO, AS EXHIBIT "A"; AUTHORIZING THE CITY MANAGER TO EXECUTE THE AGREEMENT, AND TO DO ALL THINGS NECESSARY TO EFFECTUATE THIS RESOLUTION; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Sunny Isles Beach (the "City") is the owner of the historically designated Atlantic Isle Bridge (the "Bridge"); and WHEREAS, the Bridge was in need of rehabilitation and,restoration to remain in a safe and operable condition (the "Project"); and WHEREAS, the Project is part of the Florda Department of Transportation ("FDOT") Work Program, listed as Project No. No. 430029-2; and WHEREAS, on November 16, 2023, via Resolution No. 2023-3585, the City Commission approved a Locally Funded Agreement and a Three -Party Escrow Agreement (the "2023 LFA") for the Project, whereby FDOT would manage the Project and the City would fund twenty-five percent (25%) of the total project cost, with FDOT funding the remaining seventy-five percent (75%); and WHEREAS, pursuant to the 2023 LFA, the City committed and paid $1,023,409.00 toward the project; and WHEREAS, during the design phase, it was determined that repairs to the Historic Atlantic Isles Bridge would not provide a sufficient long-term solution, and the project scope was modified to include full replacement of the bridge while preserving its historic character through the repurposing of coral rock and other aesthetic elements ("New Scope"); and WHEREAS, the New Scope requires additional funding by the City, in an amount not to exceed Six Hundred Forty -One Thousand Seven Hundred Seventy -One Dollars and No Cents ($641,771.00), bringing the City's total contribution to an amount not to exceed One Million Six Hundred Sixty -Five Thousand One Hundred Eighty Dollars and No Cents ($1,665,180.00); and WHEREAS, the City Commission wishes to approve an Amendment to the Locally Funded Agreement with FDOT for the Project, attached hereto as Exhibit "A". NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: @BCL@7C16F489 Page 1 of 2 502