HomeMy WebLinkAbout2000 06 26 Consent C One Cent Sales Tax Program
COMMISSION AGENDA
ITEM
c
CONSENT X
INFORMATIONAL
PUBLIC HEARING
REGULAR
June 26, 2000
Meeting
MGR~DEPT IJV'
Authorization
REQUEST: Public Works Department Requesting the City Commission to Direct StafTto
Pursue Project Reallocation of the City's portion of the One Cent Sales Tax
Program
PURPOSE: The purpose of this Board item is to request the City Commission to Direct Staff to
Pursue Project Reallocation of the City's portion of the Seminole County One Cent
Sales Tax Program to incorporate Main Street in lieu of Moss Road.
CONSIDERATIONS:
This agenda item is needed for the staff to initiate the necessary steps to reallocate the
City's portion of the One Cent Sales Tax to the Main Street project and other Town Center
transportation projects if feasible. The initial 1991 interlocal agreement allocated $2.8 million
dollars for two City projects - Moss Road - $1 million and the Tuskawilla bypass - $1.8
million. In 1996, a second interlocal redesignated the Tuskawilla bypass fund as "To Be
Determined" .
Subsequently, the City has entered into an interlocal for the Oak Forest Wall, which
reduced the undesignated portion by $292,000. We are currently also attempting to
incorporate brick pavers into the Tuskawilla Road project utilizing additional undesignated
funds at an estimated amount of $250,000. The redesignation of the $1 million for Moss Road
would make approximately $2,258,000 available for Main Street, which is near the estimated
construction cost of $2,234,000.
June 26, 2000
Consent Agenda Item C
Page 2
City Allocation
Less Oak Forest Wall Footing
Less Tuskawilla Road Brick Pavers - estimated
Available for Main Street
$2,800,000
($292,000)
($250.000)
$2,258,000
FUNDING:
Project funding is from the City's portion of the One Cent Sales Tax program.
REroMMENDATION:
It is recommended that the City Commission direct the staff to request that
Seminole County designate the remaining "undesignated funds" to the Main Street
project and also reallocate the Moss Road funds to the Main Street project.
IMPLEMENTATION SCHEDULE:
Staffwill begin the process to redesignate the funds with the County staff upon approval.
ATTACHMENTS:
None
COMMISSION ACTION: