Monday, March 24, 2014

Special Meeting in Lake Worth - Funding for Infrastructure Plan

Comment Up

Tomorrow night, the commission has called for a special meeting beginning at 6pm.  A special meeting means that the commission can/will vote on spending your money. On the agenda--

1. Fiscal Year 2013 Comprehensive Annual Financial Report and Management Letter

2.  Lake Worth 2020 summary presentation and discussion on potential funding sources

The city has provided a power point in its back-up, one that is similar to what has been presented in the past.  The most important aspect of its aggressive and costly roads infrastructure plan that includes the infrastructure for the Park of Commerce for the hopes of attracting development, has no mention about the financing. Why not?

Proposed 2020 Plan which is now 2021 or a Seven Year Road Improvement costs:
2015:  $14,010,000
2016:  $10,890,000
2017:  $  3,960,000
2018:  $  6,420,000
2019:  $14,280,000
2020:  $11,540,000
2021:  $ 7,820,000
TOTAL COST:  $68,920,000

Proposed 393 acre Park of Commerce Plan to be finished by year 2035:
Total cost  $17,600,000--it wasn't that long ago when it was estimated at $13 mil and back in 2010 at $11 mil.

For a grand total of:  $86,520,000 (in today's dollars)


There is a bill sponsored by Joe Abruzzo where our city might meet all of the qualifications:

SB 1622: Municipal Road Projects

GENERAL BILL by Abruzzo
Municipal Road Projects; Citing this act as the "Disadvantaged Cities Road Improvement Act"; creating the Disadvantaged Cities Road Assistance Program within the Department of Transportation to provide funding for certain road projects; providing criteria for selection of municipalities to receive funding; authorizing the department to administer contracts on behalf of a municipality; requiring funded projects to be included in the department’s work program, etc.
Effective Date: Upon becoming a law
Last Action: 3/10/2014 Senate - Introduced -SJ 217
Location: In committee/council (TR)
Bill Text: Web Page | PDF

5 comments:

Anonymous said...

A blog on the most important decision to face this commission and the pockets of the residents and not one comment from the public? Incredible. They want to talk about shiny objects and who or who did not show up at JPP.

Lynn Anderson said...

Funding it all through a general obligation bond won't fly anymore than John Prince Park as a Spring training stadium. They know it. We all know it.

Buy me some peanuts and cracker jacks...

Anonymous said...

And it's one, two ,three strikes you're out at the old ball game!

Anonymous said...

one two three strikes you're out and the say no to everything crowd could not be happier. The John Prince Homeless Camp will remain in place just so Lynn can take photos of the bums from her kitchen window.

Lynn Anderson said...

LOL--I am much more concerned about the bums hanging out in our city. Do something about them, will ya? Those hanging out in JPP afre being dealt with by the County.