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Transportation (FDOT) to advance the 6-laning of SR60. The project would be split into <br />two segments: 66th Avenue to 82nd Avenue (Segment One), and 82nd Avenue to I-95 <br />(Segment Two). <br />Assistant Director Mora recommended approval of the interest share fee ordinance, <br />and the resolution to execute the joint participation agreement with the Florida Department <br />Of Transportation. <br />Commissioner Flescher asked staff whether is was possible to accelerate the State's <br />repayment schedule, in order to reduce the amount of lost interest. Administrator Baird <br />noted that the repayment schedule had already been shortened from 2025 to 2017. He <br />disclosed that the State is only able to allocate approximately 10 million a year towards us, <br />and gave his perspective on the importance of this project. <br />Staff responded to further questions from the Board regarding additional specifics <br />of the financial responsibilities and aspects of the project, shortfall dollars, and whether the <br />County could oversee the cost factors. <br />The Chairman opened the public hearing. <br />The following people spoke in favor of this proposal: <br />Ray Scent observed that the project has been under consideration for many years. <br />Joseph Paladin, Chairman of the Growth Awareness Committee, urged the Board <br />to include future return trips in their calculations. <br />March 13, 2007 17 <br />