CRA 02/07/2013 Minutes - Laserfiche WebLink

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Community Redevelopment Agency February 7, 2013 Page 5 of 8 redevelopment, provide a bike /pedestrian friendly alternative to US Highway 17 -92, promote traffic calming /residential transition etc. Dr. Brock asked the CRA Board to assist in funding the Oxford Road Design Project. He requested the Board authorize up to $100,000. Dr. Brock stated that the CRA currently has approximately $55,000 in their professional services line item and the additional funding would require a budget amendment. He said the City is currently negotiating with a consultant and he does not have a final figure on the design cost. Dr. Brock estimated the cost would not exceed $300,000 for all three phases. Dr. Brock explained the area needs to be surveyed for utility improvements and it would be a cost savings to do the contact sensitive designs simultaneously rather than treating these as two separate projects. He said if the City decides to construct the improvements, it would be a single mobilization as one project. Dr, Brock said they are looking at bidding out the entire project package but including this portion as an alternate because the City doesn't currently have enough funding to construct it. He explained that there are other projects that are going out to bid in the next few months and the City is hoping to see some cost savings on those projects. A general discussion ensued regarding the City contributing to the cost of the Oxford Road Design Project. He said the bulk of the cost for Oxford Road Phase II would be on the CRA to fund unless the City Commission decided otherwise. Mr. Jones expressed a concern with the cut through traffic through Casselberry Exchange to avoid the congestion at the intersection of US Highway 17 -92 and State Road 436, Dr. Brock said that he would make the consultant aware of Mr. Jones' concern in that area. In response to the Board's question regarding the high cost for the design work, Dr. Brock explained that the design costs also includes the geo tech work, survey work, utility improvements etc. A general discussion ensued regarding the Board wanting to see projects that would increase the ad valorem taxes. Ms. Smith said that staff is anticipating that the redevelopment of the City Center site will stimulate development throughout the corridor. Ms. Smith suggested holding a strategy session with the CRA to determine the direction that the Board wants to go with its funding sources. Mr. Gisclar said it was due to the CRA funding that the design for the median and hardscape improvements on US Highway 17 -92 exists today. He said staff worked with Florida Department of Transportation to construct it