INTERNATIONAL DRIVE CRA
FY 2008-09Budget Worksession
July 21, 2008
• Background
• CRA Advisory Committee
• Completed Projects
• Proposed FY 2008-09 Budget
• Budget Overview
PRESENTATION OUTLINE
• Background
• CRA Advisory Committee
• Completed Projects
• Proposed FY 2008-09 Budget
• Budget Overview
PRESENTATION OUTLINE
• I-Drive CRA Created in 1998
• Finding of Transportation-Related Blight
BACKGROUND
BACKGROUND
• Community Redevelopment Plan Adopted
• CRA Trust Fund Created
• CRA Advisory Committee Formed in 2002
BACKGROUND
• Background
• CRA Advisory Committee
• Completed Projects
• Proposed FY 2008-09 Budget
• Budget Overview
PRESENTATION OUTLINE
• Recommends Priorities for Expenditure of Trust Fund
• Recommends Projects for Inclusion in Redevelopment Plan
• BCC has Final Approval of Expenditures
CRA ADVISORY COMMITTEE
• International Drive Master Transit and Improvement District
• International Drive Resort Area Chamber of Commerce
• ETC of Central Florida, Inc.
• Tangelo Park Civic Association
• Universal Boulevard POA
• 2 At-Large Representatives
CRA ADVISORY COMMITTEE
• Background
• CRA Advisory Committee
• Completed Projects
• Proposed FY 2008-09 Budget
• Budget Overview
PRESENTATION OUTLINE
• I-Drive Resort Area Directional Signage
• SCOOT System
– Phase 1
– Phase 2
• N. International Drive Sidewalk Improvements
COMPLETED PROJECTS
COMPLETED PROJECTS
• Tangelo Park Traffic Calming
• Westwood Boulevard Pedestrian Improvements
• Pedestrian Assessment
COMPLETED PROJECTS
• Background
• CRA Advisory Committee
• Completed Projects
• Proposed FY 2008-09 Budget
• Budget Overview
PRESENTATION OUTLINE
Summary:Summary:
Capital Improvement Projects $13.6MCapital Improvement Projects $13.6M
Future Capital OutlayFuture Capital Outlay $3.0M$3.0M
Total:Total: $16.6M $16.6M
PROPOSED FY 2008-09 BUDGET
• Background
• CRA Advisory Committee
• Completed Projects
• Proposed FY 2008-09 Budget
• Budget Overview
PRESENTATION OUTLINE
• BCC/CRA Approved Capital Program on BCC/CRA Approved Capital Program on September 12, 2006September 12, 2006
– John Young Parkway John Young Parkway
– John Young ConnectorJohn Young Connector
– International DriveInternational Drive
• 100% of Incremental Tax Revenue100% of Incremental Tax Revenue
• Cash Funding over 5-year periodCash Funding over 5-year period
BUDGET OVERVIEW
John Young Parkway John Young Parkway
BUDGET OVERVIEW
BUDGET OVERVIEW
John Young Parkway - $3.8MJohn Young Parkway - $3.8M
• Widen From 4 to 6 LanesWiden From 4 to 6 Lanes
• Add Continuous Right Turn LanesAdd Continuous Right Turn Lanes
• SR 528 to Commodity CircleSR 528 to Commodity Circle
• Design-BuildDesign-Build
John Young ConnectorJohn Young Connector
BUDGET OVERVIEW
John Young Connector - $4.9MJohn Young Connector - $4.9M
BUDGET OVERVIEW
• New 4-Lane RoadwayNew 4-Lane Roadway
• International Drive to John Young International Drive to John Young ParkwayParkway
• Enhanced Convention Center AccessEnhanced Convention Center Access
• Public/Private PartnershipPublic/Private Partnership
• ConstructionConstruction
International DriveInternational Drive
BUDGET OVERVIEW
International Drive - $4.8M
BUDGET OVERVIEW
• Widen From 4 to 6 Lanes Widen From 4 to 6 Lanes
• Westwood Boulevard (S) to Westwood Boulevard (S) to Westwood Boulevard (N)Westwood Boulevard (N)
• Intersection Improvements at Intersection Improvements at Central Florida ParkwayCentral Florida Parkway
• Design-BuildDesign-Build
• Proposed FY 2008-09 Budget Proposed FY 2008-09 Budget continues funding the continues funding the approved Capital Programapproved Capital Program
– John Young Parkway: $3.8MJohn Young Parkway: $3.8M
– John Young Connector: $4.9MJohn Young Connector: $4.9M
– International Drive: $4.8MInternational Drive: $4.8M
– Future Capital Outlay: $3.0MFuture Capital Outlay: $3.0M
BUDGET OVERVIEW
INTERNATIONAL DRIVE CRA
FY 2008-09Budget Worksession
July 21, 2008