HomeMy WebLinkAbout2007-025RESOLUTION NO. 2007- 025
A RESOLUTION OF THE BOARD OF COUNTY
COMMISSIONERS OF INDIAN RIVER COUNTY,
FLORIDA, AUTHORIZING THE CHAIRMAN TO
EXECUTE JOINT PARTICIPATION AGREEMENTS WITH
THE FLORIDA DEPARTMENT OF TRANSPORTATION
TO ADVANCE CONSTRUCTION OF SEGMENTS OF
STATE ROAD 60
WHEREAS, the anticipated transportation demands on State Road 60 from 66th Avenue
to 82nd Avenue and from 82nd Avenue to I-95 (the Segments) will exceed the level of service
established in the Comprehensive Plan; and
WHEREAS, if improvements are not made to the Segments, and traffic exceeds the level
of service, applications for New Development would be denied as they would not meet the
requirements of the Concurrency Management System; and
WHEREAS, improvement to the Segments will eliminate existing deficiencies and
create new capacity on the Segments; and
WHEREAS, in order for the Segments to meet the requirements of the Concurrency
Management System, the improvements must appear in the first three years of the Florida
Department of Transportation's work plan; and
WHEREAS, in order for the improvements to the Segments to appear in the first three
years of the FDOT work plan, the County must supply the funding to FDOT; and
WHEREAS, the County, by resolution, has determined to agree with the Florida
Department of Transportation to enter into Advance Construction Agreements providing for the
advance construction of the Segment Improvements conditioned upon the advancement of their
cost of construction by the County; and
WHEREAS, the Advance Construction Agreements will provide for reimbursement to
the County from available State and Federal Funds of the principal amount advanced but do not
provide or allow for any reimbursement to the County for the Interest Component; and
WHEREAS, the County and FDOT have agreed to enter into a Joint Participation
Agreement for advancing construction of SR 60, whereby construction funding of approximately
$38 Million will be advanced by Indian River County in 2007/08, and an additional $30 million
will be advanced by Indian River County in 2008/09;
RESOLUTION NO. 2007- 025
1. The Chairman of the Board of County Commissioners is authorized to execute any documents
necessary to complete the Advance Construction Agreement for the improvements to the
Segments of State Road 60.
The forgoing Resolution was offered by Commissioner 0' Bryan and seconded
by Commissioner Wheel er and upon being put to a vote, the vote was as
follows:
Gary C. Wheeler, Chairman Aye
Sandra L. Bowden, Vice Chairman Aye
Wesley S. Davis, Commissioner Aye
Joe Flescher, Commissioner Nay
Peter D. O'Bryan, Commissioner Aye
The Chairman thereupon declared the resolution duly passed and adopted at a meeting held this
13th day of March, 2007.
BOARD OF COUNTY COMMISSIONERS
INDIAN RIVER COUNTY, FLORIDA
BY:
ary
ATTEST:
Wheeler, Chairman
/lig
Jeffrey K. Barton, Clerk
APPROVED AS TO FORM AND LEGAL SUFFICIENCY
William G. Collins II, County Attorney
to r
F:\Attorney\Bill\Ordinance Amendments \State Road 60\BCC Resolution of Execution of Agreement.doc