Bill Type and Number: Ordinance 2007 - 252
Sponsor: Council President at the request of the Mayor
Date of Introduction: March 13, 2007
Committee(s) of Reference: F, TEUS
Date of Analysis: March 16, 2007
Type of Action: Appropriation
Bill Summary: The bill appropriates a total of $8,790,397.85, of which $3,050,940 is from the Fair Share Specific Project (UNF Campus) fund and $5,739,457.85 from Sector 3-4 Fair Share fund, to pay costs of widening the existing First Coast Technology Parkway to a 6-lane divided section and then reconfiguring portions of same Parkway in order that it can replace the portion of Kernan Boulevard abutting First Coast Technology Park, the intent being to realigning existing Kernan Boulevard. The bill further amends the City's 5-Year Capital Improvement Program and provides for a fund carryover into 2007-08.
Background
Information: The Kernan road, McCormick to JTB, project is estimated to
cost a little less than $67.3 million, of which around $58.5 million is
currently allocated for this need. The
amount appropriated in this bill will thus allocate all estimated money needed
for the section project. 2006-252
requires that all Fair Share money
accruing to this sector account are to be appropriated to the construction of a
6-lane
Policy Impact Area: Streets & Roads/New road construction
Fiscal Impact: The bill appropriates a total of $8,790,397.85 from two Fair Share funds
Analyst: Weiss