Subject:
Title
Approval RE: Transportation Impact Fee Technical Advisory Committee for the South Mainland Benefit District Project Funding Recommendations (Districts 3, 4 and 5).
End
Fiscal Impact:
FY19/20: The transportation impact fees that will fund these project recommendations were collected prior to the start of this fiscal year and are currently budgeted as Reserves for Capital Outlay in the amount of $3,728,926. If approved, $12,000.00 in Reserves will be re-budgeted as Grants and Aid to be disbursed to the Town of Malabar and $100,000.00 in Reserves will be re-budgeted as an intra-fund transfer to Fund 1232 for project administration by Brevard County Public Works.
Dept/Office:
Planning and Development Department
Requested Action:
Recommendation
It is requested that the Board of County Commissioners consider approval of the project funding recommendations in the amount of $112,000.00 as prepared by the Technical Advisory Committee for the South Mainland Benefit District on August 10, 2020; and if approved, authorize the Chair to execute the Transportation Impact Fee Disbursement Agreement with the Town of Malabar; and authorize the Budget Office to execute any budget change requests necessary for implementing these appropriations.
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Summary Explanation and Background:
The Technical Advisory Committee for the South Mainland Benefit District met on August 10, 2020 and unanimously adopted the project funding recommendations itemized below. The Technical Advisory Committee for the South Mainland Benefit District consists of one representative from the Town of Grant-Valkaria, Town of Malabar, City of West Melbourne and Brevard County.
Project Funding Recommendations:
1. Appropriate $12,000.00 to hard surface Hunter Lane for its entire length north of Atz Road to be administered by the Town of Malabar;
2. Appropriate $100,000.00 for a median acceleration taper at Carriage Gate Drive to be administered by Brevard County.
Clerk to the Board Instruc...
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