| | | | | | | |  | ITEM 1.
County Manager - Administrative Agenda |
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| | | | | | | | | DATE: | September 1, 2020
| | DEPARTMENT: | County Manager
| | REQUESTER: | Peter Winton
| | TITLE: | Approve Extension of Surplus Tolls Agreement with Cape Coral |
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| | | | | | | | | I. | MOTION REQUESTED | | | Approve the Third Amendment to the Lee County/City of Cape Coral East-West Corridor Interlocal Agreement. |
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| | | | | | | | | II. | ITEM SUMMARY | | | This item extends the surplus tolls agreement between Lee County and the City of Cape Coral for another 10 years to December 31, 2030. Surplus tolls are those revenues generated from the Cape Coral and Midpoint bridges after operating expenses, debt and mutually agreed-upon projects. The existing 25-year agreement outlined the joint projects that would be paid for with toll revenue, including projects on both bridges and along the Colonial-Midpoint-Veterans-Burnt Store corridor. After mutually agreed-upon projects are completed, 40% of the surplus would be given to Cape Coral for use on their transportation system, however, 100% of funds have been dedicated to the projects thus far and that is anticipated to last through the term of this amendment. The current extension identifies a list of mutually beneficial improvements that may be pursued as well as language for replacement of the westbound span of the Cape Coral bridge and future transportation planning. |
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| | | | | | | | | III. | BACKGROUND AND IMPLICATIONS OF ACTION |
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| | | | | | | | | | A) | Board Action and Other History | | | | There have been three interlocal documents during the past 25 years between Lee County and the City of Cape Coral pertaining to use of surplus tolls and specific projects, as follows:
March 22, 1995 Interlocal Agreement – main purpose was to build the interrelated facilities known as the “Midpoint Bridge” (from Deleon Street in the City of Fort Myers to the Del Prado Interchange in the City of Cape Coral), the “East-West Corridor” (from the Del Prado Interchange to Santa Barbara Boulevard in the City of Cape Coral) and Colonial Boulevard from Deleon Street to Solomon Boulevard in the City of Fort Myers.
May 22, 2001 Restated and Amended Agreement – main purpose was to extend the “East-West Corridor” from Santa Barbara Boulevard to Miracle Parkway in the City of Cape Coral, and from Surfside Boulevard in Cape Coral to Pine Island Road (known as Veteran’s Memorial Parkway).
November 26, 2002 Second Amendment – main purpose was to widen Burnt Store Road from Pine Island Road (SR 78) to the Charlotte County line and provide technology and toll plaza upgrades to the Cape Coral Bridge and Midpoint Bridge Toll Facilities.
This Third Amendment provides for the following:
1. Extends the agreement 10 years.
2. The Parties acknowledge and agree that certain projects and/or financing of projects will be funded through this agreement. Those projects may include but are not limited to:
a. Replacement of the westbound span of the Cape Coral Bridge.
b. Technology upgrades at the Cape Coral and Midpoint Memorial Bridges toll plazas.
c. Burnt Store Road widening from Van Buren Parkway to the Charlotte County line.
d. Congestion improvements at Veterans Parkway and Santa Barbara Boulevard.
e. Congestion improvements at Colonial Boulevard and Summerlin Road.
f. Congestion improvements at Cape Coral Bridge/College Parkway Overpass and McGregor Boulevard.
g. Veterans Parkway widening from Chiquita Boulevard to Skyline Boulevard.
3. The Parties may seek an alternate design concept for the replacement of the westbound span of the Cape Coral Bridge that may include a sidewalk/bike path/lighting. The COUNTY and CITY will review the design concepts and jointly determine the feasibility of the cost and whether joint funding is feasible or desired. If the Parties cannot agree on the feasibility and cost share of the sidewalk/bike path/lighting, that portion of the replacement will not go forward.
4. The COUNTY and CITY will coordinate planning efforts to determine whether another bridge across the Caloosahatchee River is warranted based on projected volumetrics and/or feasibility.
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| | | | | | | | | | A) | Current year dollar amount of item:
| No funding required. | | | B) | Is this item approved in the current budget? | N/A | | | C) | Is this a revenue or expense item? | N/A | | | D) | Is this Discretionary or Mandatory? | Discretionary | | | E) | Will this item impact future budgets?
If yes, please include reasons in III(D) above.
| Yes | | | F) | Fund:
Program:
Project:
Account Strings: | | | G) | Fund Type? | Other: | | | H) | Comments:
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| REVIEWERS: | | Department | Reviewer | Action | Date | | County Manager | Winton, Peter | Approved | 8/20/2020 - 12:29 PM | | Budget Services | Henkel, Anne | Approved | 8/20/2020 - 12:45 PM | | Budget Services | Winton, Peter | Approved | 8/20/2020 - 1:18 PM | | County Attorney | Fraser, Andrea | Approved | 8/21/2020 - 9:10 AM | | County Manager | Winton, Peter | Approved | 8/21/2020 - 3:08 PM |
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