Subject:
Title
Approval Re: Reallocation of $2.5 Million to Implement the Babcock Street (South County Line to Malabar Road) Resurfacing and Reconstruction Plan - Districts 3 and 5
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Fiscal Impact:
FY21 Funding (Balance Forward from prior year allocations) in the amount of $2.5 Million is budgeted in Transportation Construction Management (Reimbursement Fund 1168) and will be reallocated to Road and Bridge Resurfacing and Reconstruction (Fund 1180).
Dept/Office:
Public Works Department/Finance and Contracts Administration
Requested Action:
Recommendation
It is requested the Board of County Commissioners approve the reallocation of $2.5 Million County match funds from the Babcock Street (Deer Run Road to Malabar Road) Widening project to the Public Work's Babcock Street (South County Line to Malabar Road) Resurfacing and Reconstruction Plan. It is further requested the Board approve any Budget Change Requests associated with this action.
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Summary Explanation and Background:
Prior year allocations were approved by the Board in anticipation as match funding to the Florida Department of Transportation (FDOT) towards the design of the future widening of Babcock Street (Deer Run Road to Malabar Road). FDOT recently removed their funding from the 5-Year Work Program following the completion of the project's development and environment study phase, due to significant funding shortfalls. A minimum of $19 Million was needed to advance the project to the next phase. This phased-$162 Million project, if it had been fully funded, would have included design, right of way acquisition, road paving/reconstruction, and widening of this corridor to address capacity and safety concerns. Accordingly, we are requesting to reallocate these funds to internally implement our Babcock Street (South County Line to Malabar Road) Resurfacing and Reconstruction Plan as depicted in the attached exhibit.
Currently $2.3 Million is budgeted to reconstruct 2.2 miles of pavement o...
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