| |
| Community Budget Issue Requests - Tracking Id #563 |
| US 1/I-95 Interchange and Ormond Crossings Business Park |
| |
| Requester: |
Isaac D. Turner - City Manager |
Organization: |
City of Ormond Beach |
| |
| Project Title: |
US 1/I-95 Interchange and Ormond Crossings Business Park |
Date Submitted |
1/13/2005 3:58:52 PM |
| |
| Sponsors: |
Lynn |
| |
| Statewide Interest: |
| Provision for jobs for economic growth in the region as well as traffic management. |
| |
| Recipient: |
City of Ormond Beach |
|
Contact: |
Loretta Moisio, Grants Coordinator |
|
| |
22 South Beach Street |
|
Contact Phone: |
(386) 676-3315 |
|
| |
Ormond Beach 32174 |
|
Contact email: |
moisio@ormondbeach.org |
| |
| Counties: |
Volusia |
| |
| Gov't Entity: |
Yes |
Private Organization (Profit/Not for Profit): |
|
| |
| Project Description: |
| This project is for the feasibility study of modifying the existing I-95 / US 1 interchange to expand the capacity of the interchange in order to accommodate existing and approved development within the US 1 cooridor. |
| |
| Is this a project related to 2004 hurricane damage? |
No |
| |
| Measurable Outcome Anticipated: |
| This project is needed to ensure that continued growth occurs in this cooridor. There is a pending development project that will result in the creation of 10,000+ jobs, approximately 5 million square feet of industrial space and increased tax base. Industrial space, millions of dollars in real estate and sales taxes for the City, County and State over the next 20 years. |
| |
| Amount requested from the State for this project this year: |
$500,000 |
| |
| Total cost of the project: |
$500,000 |
| |
| Request has been made to fund: |
Operations |
| |
| What type of match exists for this project? |
Local |
| |
Cash Amount |
$50,000 |
|
| |
| Was this project previously funded by the state? |
|
Yes |
|
Fiscal Year: |
2002-2003 |
Amount: |
$150,000 |
| |
| Is future-year funding likely to be requested? |
|
Yes |
|
Amount: |
$14,500,000 |
To Fund: |
Operations |
| |
| Was this project included in an Agency's Budget Request? |
|
No |
| |
| Was this project included in the Governor's Recommended Budget? |
No |
| |
| Is there a documented need for this project? |
Yes |
| |
Documentation: |
Ormond Crossings, Preliminary Assessment Report, Tomoka Holdings, LLC , August 2003. |
| |
| Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)? |
|
Yes |
| |
Hearing Body: |
Ormond Beach City Commission & Volusia Legislative Delegation |
| |
Hearing Meeting Date: |
01/06/2005 |
| |
| Is this a water project as described in Section 403.885, Laws of Florida? |
|
No |
