CC 01/26/2015 Minutes - Laserfiche WebLink

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CASSELBERRY CrrY COMMISSION Minutes of January 26, 2015 — Regular Meeting Page 9 of 20 effective January of 2015 and would be in effect for a period often years. He further explained that the City of Casselberry was projected to collect approximately $1.5 million per year which would be used toward certain projects approved by the City Commission and included in a broad interlocal agreement between all the cities, Seminole County and the Seminole County School Board, Mr. Newton advised that Seminole County had an interest in incentivizing the City of Casselberry to speedily complete the reconstruction project on Oxford Road by advancing the funds needed for the project at no interest, rather than the City having to wait for the funds to accumulate from the sales tax. He added that this would be approximately $1.5 million, and Resolution 15 -2696 would approve an interlocal agreement with Seminole County to set out the details relating to the advance of the funds and providing for a promissory note which would be funded back to Seminole County on January 1, 2018. He stated that if the resolution were approved by the Commission, the issue would then be forwarded to Seminole County for consideration by the Board of County Commissioners sometime in February of 2015. He added that once the interlocal agreement was approved by the County he would expect the City to receive the funding by April of 2015, allowing the City to then bid the project out and proceed towards completion. Budget Impact: Approval of the Inter -local Agreement will have no impact on the FY 2015 budget. Upon execution of the promissory note by both parties, a budget amendment will brought forward to recognize the revenue and related expenditure for the construction of Oxford Road. Recommendation: The City Manager and the Public Works Director recommended approval of Resolution 15 -2696. Audience Participation: The following individuals came forward to address Resolution 15 -2696: 1. Mr. James Fraleigh, 23 Teresa Court, spoke in opposition to Resolution 15 -2696, stating he felt the road did not need to be replaced, the construction would add to traffic congestion in the area, and the project was a waste of taxpayers' money. 2. Mr. John Casselberry, 700 South Lost Lake Lane, voiced some concerns about the intersection at State Road 436 and Oxford Road, stating he felt the City should wait until completion of the flyover at State Road 436 and U.S. Highway 17 -92 before doing any construction on Oxford Road in order to determine what effect the flyover would have on traffic patterns. 3. Mr. Robert Phillips, 251 South Triplet Lake Drive, advised he had attended the workshop regarding the Oxford Road project where he was able to view the artistic renderings of the proposed improvements and was encouraged by the work being done and the beautification efforts. He expressed his approval of the project and encouraged the Commissioners to continue moving forward. No one else came forward. MOTION: Commissioner Aramendia moved to approve Resolution 15 -2696, as presented. Motion was seconded by Vice Mayor Solomon. Motion carried unanimously by voice vote 5 -0.