HomeMy WebLinkAbout2004 12 13 Regular Item 502-1
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COMMISSION AGENDA
ITEM 502.1
CONSENT
INFORMATIONAL
PUBLIC HEARING
REGULAR X
December 13,2004
Meeting
MGR ~EPT /./f-
Authorization
REQUEST: City Manager Providing an Update of the 2002-2011 One Cent Sales Tax Program
including funding for Gary Hillary Drive.
PURPOSE: The purpose of this Board item is to respond to the Commission's request for an update of
the One Cent Sales Tax and specifically funding for the reconstruction of Gary Hillary
Drive.
CONSIDERA TIONS:
The attached spreadsheet provides a list of the original projects, actual project costs to
date, and projected commitment costs, and desired projects. The obvious category which needs
to be addressed in the near future is the Town Center Street Construction which is projected to
exceed the original "budget" by $2.3 million based on the actuals to date and the known work to
be done. The estimated cost for the Doran project east of Tuskawilla Road is not known at this
time but is shown as $3.0 million for discussion purposes.
The last revenue reports received this past spring from the County showed a slight
increase in revenues over original projections of about $50,000 annually. The County has been
tracking reimbursement requests against the original project categories so we will need to amend
the original list to prioritize and reallocate funds as the Commission deems appropriate. Staff
would suggest scheduling a workshop in the first quarter of 2005.
The improvements for Gary Hillary Drive are shown under the Residential Road
Reconstruction category. The chronology for Gary Hillary Drive is as follows:
· November 25,2002 - The City Commission authorized staff to pursue acquisition of Colt
Drive. The funding source for the $75,000 estimated cost of improvements was identified
as the One Cent Sales Tax.
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December 13, 2004
Regular Agenda Item 502.1
Page 2
· December 8, 2003 - The City Commission approved acceptance of a quit claim deed for
Colt Drive from Richland and also for the property adjacent to 7-11 from Pulte that could
be used for stormwater improvements for Colt Drive.
· FY 2004-2005 Budget - Design costs of $25,000 for Gary Hillary Drive Reconstruction
included in the Road Improvements Fund budget (115-65000-30081) whose revenues are
from the One Cent Sales Tax.
The current estimated cost for improvements to Gary Hillary Drive is between $1 OOK and
$150K. The cost estimate increase is due to two primary factors; 1) the costs of piping the pond
outfall to an inlet west of Northern Way instead of overflowing into the Winter Springs Boulevard
curb, and 2) the expanded cross section of Gary Hillary Drive with on street parking. A more
accurate construction cost estimate would be provided by the developer as the engineering plans
are finalized.
Revenues
One Cent Sales Tax
$12,984,000
Expenses
Spent/Obligated
In Progress
Subtotal
$4,453,000
$4.250.000
$8,703,000
Other
$8,750,000
Total Expenses
$17,453,000
Excess Proiect Expenses
$4,469,000
FUNDING:
It is anticipated that the Commission will continue its' current authority to fund the Gary
Hillary Drive Improvements from the Road Improvement Fund (115). Additional funds will need
to be transferred to the project line code from fund balance when the construction costs are
finalized.
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December 13, 2004
Regular Agenda Item 502. I
Page 3
RECOMMENDA TION:
It is recommended that the City Commission review and confirm the source of funds
for the Gary Hillary Drive Reconstruction project is the Road Improvements Fund and also
consider a workshop to discuss reallocation of the One Cent Sales Tax project list.
IMPLEMENTATION:
Staff will work with the developer to determine the appropriate cost allocations between
the City and developer for the Gary Hillary Drive Improvements.
ATTACHMENTS:
I. One Cent Sales Tax Project Update - December 2004
COMMISSION ACTION:
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Project
Town' C'etf~ Street :Cons~t;tion
Blul'T:lbergi TuskawiUa Roads & Streetscapes
TuskawillaRoad.:- Bldg 1 & 2 Plazas .
'. Central Winds Parkway .
Spine Road (Dev. Agr.. Commitment)
:rown"center Townhouse Roaq (Engle)
:",' ,Rigt:\I~.nd~(Properties (Dev. Agr.Commitment)
- ",<[jofanP!ia~e lI(guesstimate)
Subtotal, .
Traffic'SlgniiOtistaUatlOns. ' .. .
'c~R,434;,~ Tu~~~lIa1Vista.Wi!I~Ceotral Winds Parkway
>'csBA~4;~,~p(ri~~oad., ' '. . ,-
'. .. Bus Barn ." -
Subtotal
~Mo.ss,Road,:'mprovem8nts
tSR 419ISR:434ltiterSection Improvements' .
tArterlll1 Ughting' .
tNelghborhQOdSldeWalks
S~~'(i,nClli@s: Village Walk) .
. V!lIage WCilk .
434:StiJelY in Town Center
'D~eleration Lanes - Moss Road
Deceleration. Lanes
Subtotal
Resldentia! Road RscOnsfn.!ctlon and Traffic Calming
Gary;HiU~r'y Drive
, Nqrthern Way/So Moss/Eagle Nest Circle/Greenleaf
. CO,urtlSheoah CircleJTro~9od Blvd .
Ttciffic Calming
Subtotal
Ranchlands Dirt Road Alternative Surface Treatment
JFlSher Rot!d .
vements
IBahainaR~d .
Miscellaneous
Trail Bridge Lighting
TOTALS I
One Cent Sales Tax.iects - December 2004
Original Cost Spent/Obligated Projects in Progress
Estimate (Millions) Costs (Millions) Costs (Millions)
$1.700
$1]50,
$0. 1.05 '
$0.360
$0.400
.. $0.200'.
'$2.815 '
$1.225
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Desired Projects Spent + In-Progress
(Millions) + Desired (Millions)
$3.000
".' .' $3.;000
$7.040
$0.075 .
$0.750
$0.400
$0.369 .
$0..175'.
$0;900 .
-' -,$1~'300"
$(J.200
.. ,$0.959
. . $0~500'
. $0.369
.$0: 175
$0.150
$0.'150 .
$1.300.'
$0.200
. :$0.500 .
$0.200
. $0.694
'$1.300' ..
$O.20Q .. .
$0.500
$0.200
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I
I
. . $0.320
$0.050
.. "$0.150
$0.900
$0.900
$1.500
'$0.370
. $0:150.
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$0.]5Q
$1.600
. $1.400
$0.-725
$1;800
'. .... ,$0.400 .
. $0.000
$0.900
$1.420
$0.745
. '$1.800
. $0. 709
$0.700
$1.400
$1.600
$1.400
$0.745
$1.800
$0.400 .
$12.984
$0.154
$4.453
$4.250
,_.'<$0.400 '
$8.750
$0.154
$17.453