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| Community Budget Issue Requests - Tracking Id #707 |
| US1/I95 Interchange and Ormond Crossing Business Park |
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| Requester: |
Isaac D. Turner, City Manager |
Organization: |
City of Ormond Beach |
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| Project Title: |
US1/I95 Interchange and Ormond Crossing Business Park |
Date Submitted |
1/6/2006 4:11:42 PM |
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| Sponsors: |
Lynn |
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| Statewide Interest: |
| Provisions of jobs for economic growth in the region as well as traffice management. |
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| Recipient: |
City of Ormond Beach |
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Contact: |
Loretta Moisio |
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22 South Beach St. |
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Contact Phone: |
(386) 676-3315 |
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Ormond Beach, FL 32174 |
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Contact email: |
moisio@ormondbeach.org |
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| Counties: |
Volusia |
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| Gov't Entity: |
Yes |
Private Organization (Profit/Not for Profit): |
|
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| Project Description: |
| This project is for the feasability study of modifying the exsisting I-95 US 1 interchange to expand the capacity of the interchange in order to accomodate existing and improved development within the US 1 corridor. |
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| Is this a project related to a federal or state declared disaster? |
No |
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| Measurable Outcome Anticipated: |
| This project is needed to ensure that continued growth occurs in this corridor. There is a pending development project that will result in the creation of 10,000 plus new jobs, approximately 5 million square feet of industrial space and increased tax base. |
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| Amount requested from the State for this project this year: |
$500,000 |
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| Total cost of the project: |
$500,000 |
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| Request has been made to fund: |
Operations |
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| What type of match exists for this project? |
Federal |
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Cash Amount |
$880,000 |
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| Was this project previously funded by the state? |
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Yes |
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Fiscal Year: |
2002-2003 |
Amount: |
$150,000 |
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| Is future-year funding likely to be requested? |
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Yes |
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Amount: |
$14,500,000 |
To Fund: |
Operations |
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| Was this project included in an Agency's Budget Request? |
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No |
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| Was this project included in the Governor's Recommended Budget? |
No |
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| Is there a documented need for this project? |
Yes |
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Documentation: |
Ormond Crossing Preliminary Assessment Report, Tomoka Holdings, LLC August 2003 |
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| Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)? |
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Yes |
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Hearing Body: |
Ormond Beach City Commission |
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Hearing Meeting Date: |
12/06/2004 |
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| Is this a water project as described in Section 403.885, Laws of Florida? |
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No |
