TO: Chair and Members of the Board
FROM: Samuel A. May, Executive Director
DATE: September 12, 2018
Title
A RESOLUTION APPROVING INTERLOCAL AGREEMENT BETWEEN THE CITY OF MARGATE AND THE MARGATE REDEVELOPMENT AGENCY FOR THE WINFIELD BOULEVARD ROUNDABOUT PROJECT; PROVIDING FOR AN EFFECTIVE DATE.
BACKGROUND: This Agreement is to provide for the construction, or a portion thereof, by the CRA of a roundabout on Winfield Blvd. for the purpose of traffic calming and neighborhood beautification. This ILA includes providing for apportionment of cost, as needed, since one of the proposed locations is not entirely within the CRA. This ILA was approved by the City Commission on August 29, 2018.
RECOMMENDATION: For approval.
FISCAL IMPACT: Estimated total project cost for either location is $450,000 with water features. CRA will either be responsible for 25% or 100% of total cost, depending on location selected.
CONTACT PERSON: Samuel A. May, Executive Director