3/24/1992 - Laserfiche WebLink

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RR 2 4 USE OF DISTRICT --2 TRAFFIC IMPACT FEE FUNDS FOR CITY OF VERO BEACH FLORIDA DEPARTMENT OF TRANSPORTATION SOUTH AIA WIDENING IMPROVEMENTS The Board reviewed memo from Public Works Director Jim Davis dated March 16, 1992: TO: James E. Chandler, County Administrator FROM: James W. Davis, P.E., Public Works Director — P SUBJECT: Use of District 2 Traffic Impact Fee Funds for City of Vero Beach/Florida DOT South AlA Widening Improvements REF. LETTER: Stephen J. Maillet, City of Vero Beach Comptroller to James Davis dated Mar. 10, 1992 DATE: March 16, 1992 DESCRIPTION AND CONDITIONS FILE: AlA.agn The City of Vero Beach is currently managing engineering design activities for the State Road AlA Widening Improvement Project from Banyon Road to Sea Gull Drive. Originally, the project engineering was estimated at approximately $230,000, however, due to additional redesign services, an additional $106,500 is necessary. In the FY1991/92 Capital Road Projects Program, approximately $200,000 was allocated for engineering services for this specific project. The City has expended $325,,952.39 as of Jan. 31, 1992 and the District 2 Traffic Impact Fee Fund has reimbursed the City $230,183.63. RECOMMENDATIONS AND FUNDING It is recommended that the District 2 Traffic Impact Fee Fund reimburse the City of Vero an additional $95,768.76 at this time for the additional engineering expenses as of Jan. 31, 1992 and when design is 100% complete, an additional $10,675.52 reimbursement be made. Funding to be from Fund 101-152-541-067.12. ON MOTION by Commissioner Wheeler, SECONDED by Commissioner Scurlock, the Board unanimously approved reimbursement of funds from District 2 Traffic Impact Fee Fund to the City of Vero Beach for additional engineering expenses as set out in staff's recommendation. 24