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HomeMy WebLinkAbout1997 04 14 Consent Item C i: COMMISSION AGENDA ADD ON REGULAR CONSENT X INFORMATIONAL ITEM C April 14, 1997 Meeting MAR12I.JMlDEPT Authorization REQUEST: City Manager requesting the City Commission to authorize the expenditure of 1 % Infrastructure Sales Tax Funds to fund improvements to Tuskawilla Road to facilitate the construction of the Oak Forest Subdivision Wallllinanced by residents of Oak Forest through a proposed non advalorem assessment district and to authorize Commissioner McLeod and the City Manager to present the request to the County Commission at its April 22, 1997 Commission Meeting. PURPOSE: The purpose of this Agenda Item is to have the Commission 1) to approve the expenditure of $292,000 of the City's portion of the Local Option Infrastructure Transportation Improvements Sales Tax for modifications to the Tuskawilla Road Improvement Project needed to facilitate the construction of the Oak Forest wall in the road right of way, and 2) to authorize Commissioner McLeod and the City Manager to appear before the April 22, 1997 meeting of the County Commission to request formal approval of the County Commission to construct the wall in the road right of way, and to allocate sales tax revenues to finance the modifications to the road right of way needed to facilitate the wall construction in the right of way. CONSIDERATIONS: The residents of Oak Forest Subdivision desire to construct a wall to reduce the impact on their neighborhood resulting from the widening and other improvements to Tuskawilla Road, To make this project feasible, the City Commission authorized Commissioner McLeod and the City Manager to explore with the County two issues: 1) The use of county road right of way upon which to construct the wall, and 2) Alternative means of financing the project. Page I ,. ~ Based upon discussions to date with County staff and Commissioner's Morris and Maloy, construction of the wall in the right of way is possible, and funding of the modifications to Tuskawilla Rod improvements to accommodate the wall can be funded from the City's allocation of 1 % Local Option Infrastructure Sales Tax Transportation revenues. Under this scenario the Wall would be financed by the residents through the proposed Oak Forest Assessment District and the modification to the road right of way from the sales tax. In order to proceed, the full County Commission will need to approve construction of the wall in the road right of way and the allocation of $292,000 of the City's portion of 1% Infrastructure Sales Tax Transportation revenues to pay for modifications to Tuskawilla Road improvements. FUNDING: Modifications to Tuskawilla Road improvements will cost an estimated $292,000. As stated these costs can be financed from the City's share of the 1% Infrastructure Sales Tax Transportation Improvements Revenues as follows: Current Sales Tax Allocation Revised Sales Tax Allocation Unspecified City Projects Tuskawilla Road Modifications $1,800,000 -=!k $1,800,000 $1,508,000 292,000 $1,800,000 RECOMMENDA TION: 1) The City Commission approve the allocation of $292,000 of its share of 1 % Infrastructure Sales Tax Transportation Improvement Revenues to finance modifications to Tuskawilla 2) The City Commission authorize Commissioner McLeod and the City Manager to appear before the April 22, 1997 meeting of the County Commission to formally request the County Commission to: a) Permit the construction of the Oak Forest Wall in the Tuskawilla Road right of way, and b) To approve the allocation of $292,000 the City's share of the 1% Local Option Infrastructure Transportation Improvements Sales Tax Revenues to finance the modification to Tuskawilla Road Improvements needed to facilitate construction of the wall in the road right of way. Page 2 ;0 IMPLEMENTATION: It is anticipated that the Commission will approve these requests at the April 22, 1997 meeting. ATTACHMENTS: COMMISSION ACTION: Page 3