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412-Transportation-Amendment 01 SEMINOLE COUNTY TRANSPORTATION PLAN AMENDED INTERLOCAL AGREEMENT THIS AMENDED INTERLOCAL AGREEMENT, by and between SEMINOLE COUNTY, a political subdivision of the State of Flerida, whose address is Seminole county Services Building, 1101 East First Street, Sanford, Florida 32771 (hereinafter referred to as the "COUNTY") and the following municipalities which shall collectively be referred to herein as the "signatory'municipalities": THE CITY OF ALTAMONTE SPRINGS, a Florida municipal corpora- tion, whose address is 225 Newburyport Avenue, Altamonte Springs, Florida 32701; and THE CITY OF LAKE MARY, a Florida municipal corporation whose address is Post Office Box 950700, Lake Mary,' Florida 32795-0700; and THE CITY OF SANFORD, a Florida municipal corporation, whose address is Post Office Box 1788, Sanford, Florida 32772-1788; and THE CITY OF WINTER SPRINGS, a Florida municipal corporation, whose address is 1126 East State Road 434, Winter Springs, Florida 32708. WITNESSETH: WHEREAS, the parties desire to amend that certain interlocal agreement entered by the parties in April and May of 1991 which is entitled "Seminole County Transportation Plan Interlocal Agree- ment"; and WHEREAS, ~under the authority of Section 212.055(2), Florida Statutes, and pursuant to Part 5, Chapter 245, Seminole County Code '(Seminole County Ordinance Number 91-8), the COUNTY imposed a 1.00 percent (1¢) local government infrastructure surtax upon taxable transactions occurring in Seminole County; and WHEREAS, said Code/Ordinance provided for a method to distribute the proceeds received from the surtax consistent with State law; and WMEREAS, the COUNTY and the signatory municipalities desire to earnestly and cooperatively work together in order to benefit the citizens of Seminole County and the municipalities within Seminole County by providing acceptable levels of service for roadways within the County Road System and further intend to provide for the distribution of revenues of the local government infrastructure surtax according to the terms of this Amended Agreement: NOW, THEREFORE, in consideration of the promises, covenants and commitments contained herein and other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged by all parties hereto, the parties agree. to provide for the distribution of the revenues derived from the local government infrastructure surtax as follows: SECTION 1. TERM. This Amended Agreement shall become effective when approved by the Governing Bodies of the COUNTY and the signatory municipalities. This Amended Agreement shall remain in effect for the life of the surtax imposed pursuant to Part 5, Chapter 245, Seminole County Code (Seminole County Ordinance NumBer 91-8). SECTION 2. DISTRIBUTION OF PROCEEDS. The net revenues (meaning the collected surtax less amounts retained by the Florida 2 Department of Revenue pursuant to State law) derived fromthe local government infrastructure surtax levied and imposed by the COUNTY shall be allocated totally to the COUNTY. The COUNTY agrees to diligently prosecute County road projects listed in Exhibit "A" to this Amended Agreement and to distribute funds to municipalities for city street projects. It is the intent of the parties to improve the County Road System and other roadways and to thereby provide acceptable levels of service to'the residents of Seminole County and its municipalities as they travel the roadways located within Seminole County. It is the intent of the parties that revenues'derived from the local government infrastructure surtax will be used to fund the identified improvements and other necessary improvements by constructing, reconstructing and otherwise improving transportation facilities. The parties recognize the need to consistently communicate on an ohgoing basis with regard to the use of surtax revenues and as to the project needs and timing as set forth in Exhibit "A". SECTION 3. ENTIRE AGREEMENT, AS AMENDED. (a} It is understood and agreed that the entire Agreement of the parties, as amended, is contained herein and that this Amended Agreement supersedes all oral and written agreements and negotia- tions between the parties relating to the subject matter hereof as well as any previous agreements presently in effect between the parties relating to the subject matter hereof. 3 (b) Any alterations, amendments, deletions, or waivers of the provisions of this Amended Agreement shall be valid only when expressed in writing and duly signed by the parties. IT WITMESS WHEREOF, the parties having caused this Amended Agreement to be executed in five (5) counterparts by their respective and duly authorized office~ n the respective dates. ATT S ': .~ ~Ey~ AMON~ Date: ~ ~ ~479~ ATTEST: CITY OF LAKE MARY CAROL A. FOSTER, City Clerk . ROCKETT, Mayor Date: Clerk B~ 's~yor ATTEST: BOARD OF COUNTY COMMISSIONERS  DICK VAN DER WEIDE, Chairman count~- co~issloners of Date= ~ O/q~ Seminole County, Florida For use and reliance As authorized for execution by Approved as to form and i . LNG / gg 02/08/94 06/12/96 5 10 Yea~'l Cent Sales Tax Exhibit A TRANSPORTATION IMPROVEMENTS Length Ten Year Road Projects - County (Miles) Estimate Airport Boulevard From C.R. 425 to U.S. 17-92 1.00 6,437,500 2L-4L Airport Boulevard 1.80 13,759,615 From U.S. 17-92 to C.R. 46-A 2L - 4L Airport Boulevard 1.80 8,375,013 From C.R. 46-Ato S.R. 46 2L - 4L Bunnell Road 1.10 7,887,500 From Eden Park Rd to S.R, 434 2L - 4L Chapman Road 1.50 8,869,g92 From S.R. 426 to S.R. 434 2L - 4L Chuluota Bypass 1.60 3,573,545 From C.R. 419 to Snowhill Rd. 0L - 2L C.R. 419 2.30 5,600,000 From Lockwood Rd to E. Oviedo Limits 2L - 4L C.R. 419 1.00 4,800,000 From E. Oviedo Limits to Second St. 2L - 4L C.R. 425/Sanford Avenue 1.10 7,231,166 From Airport BIvd to Lake Mary BIvd 2L - 4L June 21, 1996 Page 1 p:\cp\projects\trans\ocst\tenyear(ctysum).xis 10 Year/1 Cent Sales Tax Exhibit A TRANSPORTATION IMPROVEMENTS Length Ten Year Road Projects - County (Miles) Total C.R. 427 1.50 12,982,036 From S.R. 436 to Charlotte St 2L - 4L C.R. 427 1.20 9,3741270 From S.R. 434 to Longwood Hills 2L - 4L C.R. 427 0.60 5,232,536 From Longwood HilIs to Lngwd/Lk Mary 2L - 4L C.R. 427 1.90 13,540,911 From Lngwd/Lk Mary to U.S. 17-92 2L - 4L C.R. 427 1.40 6,678,442 From U.S. 17-92 to Hester 2L - 4L (O)=Design;(R)=ROW Acquisition;(C)=Construction. June 21, 1996 Page 2 p:\cp\projects\trans\ocst\tenyear(ctysum).xts 10 Year/1 Cent Sales Tax Exhibit A TRANSPORTATION IMPROVEMENTS Length Ten Year Road Projects - County (Miles) Estimate C.R. 427 2.00 7,939,784 From Hester to Lake Mary Blvd 2L - 4L C.R. 46-A 1.50 10,256,250 From Old Lake Mary to C.R. 15 2L - 4L C.R. 46-A 1.80 9,891,430 From C.R. 15 to Rinehart Rd 2L - 4L C.R. 46-A 4,880,000 From Rinehart Rd to C.R. 431 2L - 4L Dodd Rd 1.90 7,139,308 From Red Bug Lake to Howell Branch 2L - 4L Dog Track Road 0.70 3,074.364 From C.R. 427 to U.S. 17-92 2L - 4L Seminola BIvd 2.60 12,004,018 From U.S. 17-92to Lake Dr 2L - 4L Eden Park 0.90 6,337,500 From Bunnell Rd to Orange Co. 2L - 4L June 21, 1996 Page 3 p:\cp\projects\trans\ocst\tenyear(ctysum).xls '10 Year/l Cent Sales Tax Exhibit A TRANSPORTATION IMPROVEMENTS Length Ten Year Read Projects - County (Miles) Estimate Grantline Road 2.00 7,905,090 From S.R. 46 to C.R. 46-A 0L-2L Howell Branch Read 0.50 5,772,009 From Lake Howell Rd to S.R. 436 4L - 6L Howell Branch Road 0.80 8,948,329 From S.R. 436 to Eastbrook Dr 2L - 4L Howell Branch Road 1.20 4,106,521 From Eastbrook Dr to Dodd Rd 2L - 4L Howell Branch Road 0.90 8,125,962 Dodd Rd to S,R. 426 2L - 4L June 21, 1996 Page 4 p:\cp\projects\trans\ccst\tenyear(ctysum).xls 10 Yea~l Cent Sales Tax Exhibit A TRANSPORTATION IMPROVEMENTS Length Ten Year Road Projects - County (Miles) Estimate Lake Drive 2,50 17,143,750 From Seminola Blvd to Tuskawilla Rd 2L - 4L Lake Emma Rd 2.10 13,143,750 From Sand Pond Rd to Longwood Hills 2L-4L Lake Mary Boulevard 1.00 886,441 From Markham Woods to I-4 2L - 4L Lake Mary Boulevard 0.90 1,464.673 From I--4 to Rinehart Rd 2L - 6L Lake Mary Boulevard 1.50 2,647,905 From Rinehart Rd to C.R. 15 2L - 4L Lake Mary Boulevard 2.20 16,268,885 From C.R. 15 to U.S. 17-92 2L - 4L Douglas Ave/Markham Woods 0.40 6,300,000 Intersection at S.R. 434 2L - 4L McCulloch/CariIlon Blvd 3.30 45,529 From S.R. 434 to Lockwood Blvd 2L - 4L Montgomery Road 1.00 7,888,150 From S.R. 436 to Center St 2L - 4L June 21, 1996 Page 5 p:\cp\projects\trans\ocst\tenyear(ctysum).xls 10 Year/l Cent Sales Tax Exhibit A TRANSPORTATION IMPROVEMENTS Length Ten Year Road Projects - County (Miles) Estimate Montgomery Road 1.00 7,773,661 From Center St to S.R. 434 2L - 4L Red Bug Lake Road 0.70 5,045,000 From S.R. 436 to Eagle Cir 4L - 6L Red Bug Lake Road 2.10 7,617,523 From Eagle Cir to Tuskawilla Rd 2L - 4L Red Bug Lake Road 2.70 9,972,698 From Tuskawilia Rd to S.R. 426 2L - 4L Rinehart Road 2.10 1,744,994 From C.R. 46-Ate S.R. 46 2L - 4L Rinehart Road 0.00 0 From S.R. 46to S.R. 417 0L- 2L Rinehart Road 0.00 1,806,839 From S.R. 417 to C.R. 46-A 2L - 4L Sand Lake Road 1.90 13,651,250 From Hunt Club Blvd to S.R. 434 2L - 4L June 21, 1996 Page 6 p:\cp\projects\trans\ecst\tenyear(ctysum).xls 10 Year/'l Cent Sales Tax Exhibit A TRANSPORTATION IMPROVEMENTS Length Ten Year Road Projects - County (Miles) Estimate Silver Lake Dr/Lake Mary BIvd Ext. 1.80 5,000,000 From U.S. 17-92to C.R. 425 2L~4L Silyer Lake Dr/Lake Mary Blvd Ext. 1.20 7,243,000 From C.R. 425 to Airport Entrance 2L - 4L Silver Lake Dr/Lake Mary Blvd Ext. 4.00 6,000,000 From Airport Entrance to S.R. 46 0L - 2L Snowhill Road Bridge Replacement 0.40 2,596,080 Tuskawilla Road 1.40 7.310,987 From S.R. 426 to Dike Rd 2L - 4L Tuskawilla Road 0.70 5,155,141 From Dike Rd to Red Bug Lake Rd 2L - 6L Tuskawilia Road 1.20 10,775,501 From Red Bug Lake Rd to Lake Dr 2L-4L Tuskawilla Road 1.00 4,956,641 From Lake Dr to Winter Springs BIrd 2L-4L June 21, 1996 Page 7 p:\cp\projects\trans\ocst\tenyear(ctysum).xls 10 Year/1 Cent Sales Tax Exhibit A TRANSPORTATION IMPROVEMENTS Length Ten Year Road Projects - County (Miles) Estimate Tuskawilla Road 1.60 6,634,536 From Winter Springs Blvd to S.R. 434 2L-4L Wymore Road 1.70 7,863,276 From Orange Ca to S.R. 436 2L ~ 4L TransitlSignals 16,799,000 Signal System Impravements Landscaping 12,500,000 Retention Ponds 2,850,000 Design Update 150,000 SUB-TOTAL - County Projects 77.00 419,948,319 June 21, 1996 Page 8 p:\cp\projects\trans\ocst\tenyear(ctysum).xls 10 Year/1 Cent Sales Tax Exhibit A SUMMARY OF CASH FLOW PROJECTIONS I .;;.'~'~."'"~ ::5'.'.%-"i::.~: ,,'.;; :~,'2.'. E~.',::~~:c:!.~:,'.,*'F First Five Years Second Five Years Revenues/Costs FY 1991/92 - 1995/96 FY 1996/97 - 2000/01 Total REVENUES I Cent Sales Tax S139,520,608 $186,081,893 S325,602,501 Other County Revenue impact Fee 523,648,873 $25,414,394 S49,063,267 Impact Fee Deferred Revenue $617,079 S617,079 Local Option Gas Tax S1,077,615 $2,500,000 $3,577,615 interest and Participations St 1,175,779 $14,885,585 S26,061,364 Beginning Available Balance S40,460,969 80 $40,460,969 Total Revenue 8215,883,844 S229,498,951 S445,382,795 IMPROVEMBNTS City Projects S2,639,892 822,760,108 S25,400,000 County Projects S197,767,947 $189,881,372 S387,649,319 To Be Designated * Transi~i'raffic 50 $16,799,000 $16,799,000 Ops/Safety Landscape/Retention/Design 86,000,000 $9,500,000 S15,500,000 Grand Total Projects $206,407,839 $238,940,480 $445,348,319 BALANCES fie,: contincencv~ Ending Balance/Contingency $8,476,005 ($9,441,529) $34,476 (Revenue minus Projects) June 21. 1996 Page 10 p:\cp\projects\trans\ocst\tenyear(revsum),xls