Subject:
Title
Approval RE: Transportation Impact Fee Technical Advisory Committee for the North Mainland Benefit District Project Funding Recommendations (Districts 1 and 2).
End
Fiscal Impact:
FY19/20: The $754,669.00 in unexpended funds from the Carpenter Road Sidewalk project is held in Fund 1230 which is a part of the Brevard County Public Works Department budget. These funds will be re-appropriated to the recommended projects and stay in Fund 1230.
The $717,447.00 in unexpended funds from the Park Avenue Phase I & 2 project and the Titusville 2015 Improvements project have been previously disbursement to the City of Titusville. These funds will be re-appropriated to the Sidewalk Infill on Collector Roads project and do not require disbursement to the City of Titusville.
The $1,272,803.00 in unappropriated funds represent funds carried forward from the prior fiscal year ($991,468.62) and new transportation impact fees collected in the City of Titusville prior to June 30, 2020 ($281,334.38). They are currently budgeted as Reserves for Capital Outlay ($3,899,192). If approved, the budget for Reserves for Capital Outlay will be reduced by $1,272,803.00) and be re-budgeted as a Capital Contribution to Government and disbursed to the City of Titusville. The $49,403.91 reserved for future projects in the City of Titusville will remain on deposit in Fund 1211 which is the Transportation Impact Fee Trust Fund for the North Mainland Benefit District and will not be disbursed to the City.
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 $2,794,322.84 as prepared by the Technical Advisory Committee for the North Mainland Benefit District on August 17, 2020; authorize the Chair to execute the disbursement agreement with the City of Titusville; and authorize the Budget Office to execute any budget change requests necessary for implementing these appropriations.
End
Summary Explanation and Background:
The Technical Advisory Committee for the North Mainland Benefit District met on August 17, 2020 and unanimously adopted the project funding recommendations itemized below. The Technical Advisory Committee for the North Mainland Benefit District consists of one representative from the City of Titusville and Brevard County.
Project Funding Recommendations:
1. Re-appropriate $384,669.00 in unexpended impact fees from the Carpenter Road Sidewalk project to the Batavia Avenue Sidewalk Project from Kings Highway to Flood Street to be administered by Brevard County;
2. Re-appropriate $384,669.00 in unexpended impact fees from the Carpenter Road Sidewalk project to Sidewalk Feasibility Studies in the unincorporated areas of the North Mainland Benefit District to be administered by Brevard County;
3. Re-appropriate $327,800.97 in unexpended impact fees from the Park Avenue Phase 1 Widening Project to the Sidewalk Infill on Collector Roads project to be administered by the City of Titusville;
4. Re-appropriate $74,646.03 in unexpended impact fees from the Park Avenue Phase 1 & 2 Widening Project to the Sidewalk Infill on Collector Roads project to be administered by the City of Titusville;
5. Re-appropriate $315,000.00 in unexpended impact fees from the Titusville 2015 Improvements Project to the Sidewalk Infill on Collector Roads project to be administered by the City of Titusville;
6. Appropriate $132,553.00 to the Sidewalk Infill on Collector Roads project to be administered by the City of Titusville;
7. Appropriate $975,000.00 for Traffic Signal Improvements on Arterial and Collector Roadways to be administered by the City of Titusville;
8. Appropriate $165,250.00 for an On-Road Bike Land Improvement Feasibility Study to be administered by the City of Titusville;
9. Reserve $49,403.91 for future projects in the City of Titusville.
Clerk to the Board Instructions:
Once the Transportation Impact Fee Disbursement Agreement between Brevard County and the City of Titusville has been executed on behalf of the City, it will be returned to the Clerk to the Board for execution on behalf of the County. The fully executed document should be returned to Planning and Development for recording. Following recording, Planning and Development will return the original to the Clerk to the Board for inclusion in the official minutes.