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US 17-92 FERN PARK UTILITIES IMPROVEMENTS PROJECT <br /> <br />Proiect Title: <br /> <br />ParticipatinR Entities: <br /> <br />ProiectArea: <br /> <br />US 17-92 Fern Park Utilities Improvements Project <br /> <br />US 17-92 Community Redevelopment Agency <br />Seminole County <br />City of Casselberry <br /> <br />US Highway 17-92 (right of way) from the Seminole/Orange <br />county line to just south of Lake of the Woods Blvd. <br /> <br />Proiect Description: <br /> <br />Proiect Cost Estimate: <br /> <br />Construct centralized potable water and sanitary sewer lines in <br />areas along US 17-92 where these facilities do not presently <br />exist (see attached maps and implementation plan for more <br />detail). <br /> <br />Preliminary costs estimates for completion of the project range <br />from $1,298,812 to $2,630,289 depending on the need for an <br />"open cut" method of installation versus "directional drill" <br />method. Costs estimates will be refined and cost sharing <br />finalized upon the completion of the final design phase of the <br />project. <br /> <br />Proiect Timin£: <br /> <br />This project is proposed to be completed as part of the State <br />Urban Reconstruct Road Project. The project schedule is as <br />follows: <br /> Design/ROW: 2004 <br /> Construction: to begin late 2004 or early 2005 <br /> <br />Proiect Need: The proposed project will construct public facilities and improvements <br />in a designated blighted area and are designed to address one or more of the qonditions which <br />contributed to the deterioration of the area (see "blighted" conditions below). <br /> <br />The lack of centralized potable water and sanitary sewer systems in this "urban" area has <br />contributed to the lack of contemporary private investment in the area and also yields the <br />unwanted potential of degradation of the local water bodies through the alternative use of <br />well and septic systems. <br /> <br />One of the primary objectives of the redevelopment program is to refortify the tax base by <br />undertaking selective capital improvements and implementing strategies designed to <br />invigorate private sector investment in the redevelopment area. <br /> <br /> <br />