Okaloosa County BOCC — December 4, 2012 — NSP addl funds award letter 11-12 — reading text

~---- -~--~--- Rick Scott Hunting F. Deutsch GOVERNOR EXECUTIVE DIRECTOR FLORIDA DEPARTMENT af ECONOMIC OPPORTUNITY November 20, 2012 CERTIFIED MAIL- RETURN RECEIPT REQUESTED The Honorable Don R. Amunds, Chairman Okaloosa County Board of County Commissioners 1804 Lewis Turner Boulevard, Suite 100 Fort Walton Beach, Florida 32547 Re: Neighborhood Stabilization Program Funding Increase Contract Number: IODB-4X-Ol-56-0l-F 18 Dear Chairman Amunds: I am writing in response to the County's request for additional funds should any become available to begin construction of the land banked property known as Palm Village. In recognition of the timely completion of the projects associated with your Neighborhood Stabilization Program (NSP1) allocation, the Department of Economic Opportunity would like to offer you the funds needed to begin construction of the first phase of the Palm Village Townhomes. This letter serves as official notification of an additional award of$301,917.73 ofprogram funds and $413,194.04 ofprogram income. An environmental review will not need to be completed since a review of your file indicates that the multi-family property to be addressed with the additional funds is covered under your previously completed Specified Site Strategy. It will be necessary to amend your current contract to $3,560,352.73 to include the additional program funds, including a revised budget and activity work plan that covers the proposed project. The program income funds will be forwarded to you upon completion of the contract amendment. We appreciate the effort that your community has made and look forward to bringing your projects to successful completion. Please contact Jeannie Russell at 850-717-8440 or jeannie.russell@deo.myflorida.com if you have questions or need additional information. Sincerely, ~~ Ken Reecy, Assistant Director Division of Community Development KR/jmr cc: Elliot Kampert, Director of Growth Management, Okaloosa County ~Brenda Bailey, Contracts and Grants Manager, Okaloosa County Florida Department of Economic Opportunity 1The Caldwell Building 1 107 E. Madison Street 1Tallahassee, FL 1 32399-4120 866.FLA.23451850.245.71051850.921.3223 Fax 1www.FioridaJobs.org 1 www.twitter.com/FLDEO 1www.facebook.com/FLDEO An equal opportunity employer/program. Auxiliary aids and services are available upon request to individuals with disabilities. All voice telephone numbers on this document may be reached by persons using TTY/TOO equipment via the Florida Relay Service at 711.