Subject:
Title
Discussion Re: Interlocal Agreement with the City of Palm Bay for the St. Johns Heritage Parkway Intersection and Babcock Street - Districts 3 and 5
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Fiscal Impact:
Option 1: For the St. Johns Heritage Parkway Intersection Project, there is no fiscal impact to the County. For the future Babcock Street Widening, the County will set aside 50% of the new revenue from transportation impact fees received for any new development in the unincorporated area in that portion of the south mainland benefit district located south of Grant Road and west of the Florida East Coast Railway right-of-way for the future widening of Babcock Street south of Malabar Road. The reconstruction efforts by the County remain unchanged from current commitments.
Dept/Office:
Public Works Department/Finance and Contracts Administration
Requested Action:
Recommendation
It is requested the Board of County Commissioners discuss and determine Board action pertaining to the Interlocal Agreement with the City of Palm Bay for the St. Johns Heritage Parkway Intersection and Babcock Street. If the Board determines to enter into agreement, it is requested the Board approve and authorize the Chair to execute the attached Interlocal Agreement.
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Summary Explanation and Background:
Since February 11, 2020, staff for the County and City have been collaborating to resolve language to draft an Interlocal Agreement using direction as provided by the Board. The major points of the Interlocal Agreement include:
1. County agrees to make reasonable effort to fund and reconstruct existing Babcock Street in its current two-lane configuration south of Malabar Road. This obligation continues after transfers as described in items 5. b and c. The reconstruction may occur in portions over time as funding becomes available and as determined by the County. Reconstruction limits, methods, and specifications will be at the sole discretion of the County. The restoration efforts shall be res...
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