2009 Sales Tax ExtensionProject Status Update

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Background

• Sales Tax was extended via August 26, 2008 referendum.

• Sales Tax was extended for an additional six (6) years, beginning January 2009, through December 2014.

• Proceeds from Sales Tax are received from the State quarterly. Receipt of funds will begin March 2009.

• Estimated revenue to Charlotte County is $108 million.

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Financial Issues

• Revenue projections still keep collections at $108 Million – over 6 year period.

• “Pay as you go strategy” – traditionally works well with road projects.

• If cash flow issues arise, we can first look to borrow internally or if necessary utilize short term external borrowing.

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The Projects

• Edgewater Drive – Phase II• Midway Boulevard• Placida Road• Burnt Store Road – Phase III• Sidewalks

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Edgewater Drive - Phase IIMidway Boulevard to Harbor Boulevard

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Edgewater Drive

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Edgewater Drive

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Edgewater Drive – Phase IIOverview

• Estimated total project costs = $28.9 million.• $20 million allocated via 2009 Sales Tax Extension.• Remaining funding via Transportation Impact Fees and Gas Tax.• Widen existing 2-lane roadway to a 4-lane divided roadway

between Harbor Boulevard and Midway Boulevard.• Project length is approximately 2 miles.• Replace Sunrise Waterway bridge.• Replace East Spring Lake bridge.• Replace West Spring Lake bridge.• Modify geometrics and signalization at Harbor Boulevard

intersection.• Widen and signalize Midway Boulevard intersection.

(Signalization subject to meeting Florida Department of Transportation warrants).

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Edgewater Drive - Phase IIProject Schedule

• Initiate engineering design and permitting FY09• Initiate right-of-way acquisition FY10• Construction start FY12• Construction completion within 3 years.

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Midway BoulevardElkcam Boulevard to Kings Highway

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Midway Boulevard at Kings Highway

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US 41 Pipe Crossings

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Midway BoulevardOverview

• Estimated total project cost = $51.5 million.• $30 million allocated via 2009 Sales Tax Extension.• Remaining funding via Transportation Impact Fees and Gas Tax.• Widen existing 2-lane roadway to a 4-lane divided roadway between

Elkcam Boulevard and Kings Highway.• Replace and upgrade existing water control structures (weir and box

culvert) at the Elkcam Waterway, Yale Waterway, Fordham Waterway and Niagara Waterway.

• Directional bore twin 84” pipes under US 41 in the Elkcam Waterway.• Directional bore twin 84” pipes under US 41 in the Fordham Waterway.• Replace/upsize existing weir structure in the Elkcam Waterway north of

the US 41 Access Road.• Replace/upsize existing weir structure in the Fordham Waterway north

of the US 41 Access Road.• Project is in 3 phases.

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Midway Boulevard – Phase IProject Schedule

• Road widening from Elkcam Boulevard to Harbor Boulevard.• Replace/upsize water control structures at the Elkcam Waterway, Yale

Waterway, Fordham Waterway and Niagara Waterway.• Improvements to the Harbor Boulevard intersection.• The water control structures have already been designed and permitted. • Roadway plans are approximately 90% complete.• Public Works is processing a design contract change order for

signalization design at the Harbor Boulevard intersection.• Charlotte County Utilities is processing a design contract change order

for utility relocates.• Phase I remains on track for a construction start by mid to late 2009.• Estimated construction duration 18 months.• Roadway plans have been submitted to SWFWMD for permitting.

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Midway Boulevard – Phase IIProject Schedule

• Design, permit and construct US 41 pipe crossings at the Fordham Waterway, Niagara Waterway and Pompano Waterway.

• Design, permit and construct (replace/upsize) existing weir structure in the Fordham Waterway north of the north US 41 Access Road.

• Design, permit and construct (replace/upsize) existing weir structure in the Elkcam Waterway north of the north US 41 Access Road.

• Design and permitting efforts for all components of Phase II are underway.

• Permitting by Florida Department of Transportation and Southwest Florida Water Management District is required.

• Construction permit application for the US 41 pipe crossings has been submitted to the Florida Department of Transportation.

• A conceptual SWFWMD permit application has been submitted.

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Midway Boulevard – Phase IIIProject Schedule

• Complete widening of Midway Boulevard from Harbor Boulevard to Kings Highway.

• Phase II will have to be substantially complete before Phase III can begin.

• Construction plans are more than 30% complete.• Due to the dependence on completion of Phase II and the

complexity of Phase II, Phase III construction may not start until mid 2010 or later.

• A design change order will be forth-coming to complete the roadway design per roadway elevations as approved by

SWFWMD during Phase II permitting.

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Placida RoadRotonda Boulevard West to Cape Haze Drive

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Placida Road

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Placida RoadOverview

• Estimated total project costs = $41.3 million.• $28 million allocated via 2009 Sales Tax Extension.• Remaining funding via Gas Tax.• Widen existing 2-lane road to 4-lane divided roadway

between West Rotonda Boulevard and Cape Haze Drive.

• Project length is approximately 3 miles.

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Placida RoadProject Schedule

• Initiate engineering design and permitting FY09.• Initiate right-of-way acquisition FY10.• Construction start FY12.• Construction duration 2 years.

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Burnt Store Road - Phase IIIZemel Road to Lee County Line

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Burnt Store Road – Phase IIIOverview

• Estimated total project costs = $25.5 million.• $20 million allocated via 2009 Sales Tax Extension.• Remaining funding via Gas Tax.• Widen existing 2-lane roadway to a 4-lane divided

roadway.• Project length is approximately 2 miles.• Phase III is the roadway segment between Zemel

Road and the Lee County line.

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Burnt Store – Phase IIIProject Schedule

• Initiate engineering design and permitting FY10.• Initiate right-of-way acquisition FY11.• Construction start FY13.• Construction duration 2 years.

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Sidewalks

• FY09 Sales Tax allocation is $10 million.• Estimated FY09 proceeds $2,160,000.• Design and construction will be balanced to start

construction in FY09.• Projects will be distributed among West County, Mid-

County and South County.

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Closing Remarks