Okaloosa County BOCC — April 19, 2016 — Okaloosa County Restore Act Multiyear Implementation Plan Update — agenda request

BOARD OF COUNTY COMMISSIONERS AGENDA REQUEST DATE: April 19, 2016 TO: Honorable Chairman and Members of the Board FROM: Roland Sims Jr. SUBJECT: Okaloosa County Restore Act Multiyear Implementation Plan Update DEPARTMENT: County Administrator BCC DISTRICT: All STATEMENT OF ISSUE: Request approval of submitting the Okaloosa County Restore Act Multiyear Implementation Plan. BACKGROUND: On April 20, 2010, Deepwater Horizon exploded and subsequently released vast quantities of oil into Gulf of Mexico (Gulf). The disaster was the largest oil spill in U.S. History. The Resources and Ecosystem Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast Act of 2012 (RESTORE Act) was signed into law on July 6, 2012. The RESTORE Act requires that all entities receiving Direct Component funds from the Gulf Coast Restoration Trust Fund (GCRTF) meet certain conditions, including the requirement to "...develop and submit a Multi-year Implementation Plan (MYIP) to the U.S. Department of the Treasury. OPTIONS: Approve, Reject or Table the submitting of the Okaloosa County Restore Act Multi- year Implementation Plan to the United States Department of Treasury. RECOMMENDATION: Staff recommends the Board approve the Multi-year Implementation Plan (MYIP) and authorize the submittal to the United States Department of Treasury. RECOMMENDED BY: APPROVED BY: John Hofstad, County Administrator