Please take notice that on April 23, 2025, at its regular meeting, the Board of Triumph Gulf Coast, Inc., will take up for consideration and intends to approve the following proposals for award of funding and amendments to existing awards pursuant to s. 288.8017, Florida Statutes (2017):

Proposal #338
Applicant: Panama City -Bay County Airport and Industrial District, an independent district of the State of Florida
Funding Request: Up to $25,000,000
Summary of Proposed Grant Award Agreement

Proposal #341
Applicant: The Seaside School, Inc., a Florida not-for-profit corporation
Funding Request: Up to $9,557,500
Summary of Proposed Grant Award Agreement

Proposal #342
Applicant: Florida Institute for Human and Machine Cognitions, Inc., a Florida not-for-profit corporation
Funding Request: Up to $6,720,805
Summary of Proposed Grant Award Agreement

Proposal #346
Applicant: Bay District Schools
Funding Request: Up to $8,075,000
Summary of Proposed Grant Award Agreement

Amendment to Existing Grant Award Agreement for Project #273
Applicant: Bay County Board of County Commissioners
Additional Funding Request: $0
Proposed Amendments: Extend the Completion Deadline by 2 years to December 31, 2027; update audit requirement language
Summary of Proposed First to Amendment to Grant Award Agreement

Amendment to Existing Grant Award Agreement for Project #317
Applicant: Pensacola State College
Additional Funding Request: $0
Proposed Amendments: Re-allocate some budget line items; update audit requirement language
Summary of Proposed First to Amendment to Grant Award Agreement

Amendment to Existing Grant Award Agreement for Project #333
Applicant: Franklin County Board of County Commissioners
Additional Funding Request: $0
Proposed Amendments: Revise description of the Project; e-allocate some budget line items; update audit requirement language
Summary of Proposed First to Amendment to Grant Award Agreement

Any person interested in being heard on these matters may attend and address the Board prior to a vote on approval of any award. Information regarding the time and place for the April 23, 2025, Board Meeting may be found by clicking here.

Any questions or inquiries regarding this notice or the award may be directed to: Cori Henderson, Program Administrator at [email protected]

In one of his final official actions as State CFO, newly elected Congressman Jimmy Patronis appointed Mr. Charles Rigdon, Destin, to the Triumph Gulf Coast Board. Mr. Rigdon’s appointment is effective immediately starting March 31, 2025 for a four year term.

Mr. Rigdon is a principal of Harbor Capital, a Real Estate investment firm. He has a background in accounting and banking. For the past 40 years his primary business ventures have been Real Estate and private equity related. He was a founding partner in the planned community Kelly Plantation and has a portfolio of major commercial and residential projects across Okaloosa and Walton counties.

Mr. Rigdon replaces Mr. Reynolds Henderson who was appointed to the Board in July 2021 and served as Treasurer from 2022-2024.

Triumph Chair Jay Trumbull, Sr., said he was pleased with CFO Patronis’ appointment of Mr. Rigdon and thankful for Mr. Henderson’s service. “Reynolds was a dedicated member of our board and an advocate for our rural communities,” said Trumbull. “He remains committed to the economic betterment of the eight disadvantaged counties affected by the Deepwater Horizon oil spill.” Trumbull said he looks forward to working with Mr. Rigdon in the coming years. “His background and knowledge will provide continuity and a fresh perspective,” said Trumbull.

Triumph Gulf Coast will meet at 10:30 a.m. CT. on April 23, 2025 at the South Walton County Annex.