5/18/1995 - Laserfiche WebLink

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BOOK 95 Pbr,E 139 Costs Capital 20 years $181,000,000 Operation & Maintenance 20 years $172,000,000 8,600,00 Total Cost for 20 years $353,000,000 Revenues (20 years based on current funding levels and growth rates) Constitutional Gas Tax $29,000,000 County Gas Tax $10,000,000 Local Option Gas Tax $43,000,000 Traffic Impact Fees $33,000,000 State & Federal $85,000,000 MSTU $65,000,000 General Fund $43,000,000 1 -cent local option sales tax $13,000,000 TOTAL $321,000,000 Discussion ensued regarding increased use of traffic studies to lower impact fees for affordable housing, especially housing for the elderly. Community Development Director Robert Keating advised that we always tell people their option is to show that their projects would generate less traffic than projected. We will be looking at that in the transportation study, but it is available right now. Citrus Road . On June 13 staff will be bringing Comp Plan amendments to the Board that will specifically put the citrus road on the County's Thoroughfare Plan. In August the MPO priority projects will be brought forth, which is our opportunity to get the citrus road on DOT's 5 -year program. Director Davis advised that the citrus road is a 3 -county effort and all 3 counties will have to do the best job they can in order to have the DOT prioritize the project. The big question is how are we going to prioritize it with all of our other projects. Local Incentives Discussion ensued regarding tax abatements or refunds, job grants program, weekend inspections, relocation assistance, employee relocation package, spouse employment program, list of teachers who are foreign language speakers, capital venture resource list, small business lending pool and sales and use tax exemption - personal property tangible tax. 30 MAY 189 1995