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Resolution 023-1965 ". r RESOLUTION NO. 23-1965 - SECONDARY ROADS RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA REQUESTING FLORIDA DEVELOPMENT COMMISSION TO FINANCE A HIGHWAY IMPROVEMENT PROJECT BY A BOND ISSUE IN AMOUNT OF $ 7,900,000 WHEREAS, the Board of County Commissioners of Monroe County, Florida, is of the opinion that adequate highways are necessary and desirable to the progress and development of the State and County. and the following improvements are most urgently needed at this time and will be of great benefit to the County and State system of roads: Section Location 90508 Duck Key 90530 Spanish Harbor 90530 Big Pine Key 90530 Big Pine Key 90560 Marathon 90610 Grassy Key 90507 Long Key 90580 90540 Lower Matecumbe Sugar loaf' Key Description All streets in Duck Key including bridge from Duck Key to SR 5 (US 1) Road parallel to shoreline Bridge to No-Name Key Road from SR 5 north to SR S-940 at Palm Villa Subdivision Bridge at Vaca Channel No. 1 and Vaca Channel No. 2 on Royal Palm Drive in Little Venice Subdivision No. 2 Kyle Boulevard extension to SR 5 Layton Drive, Sands Lane, Primrose Lane, Buttonwood Avenue, Zane Gray Creek Drive, and Long Key Lake Drive in Long Key Estates Roads in White Marlin Beach Subdivision SR S-939-A, East and North to SR 5 including Bridge 4 Section Location 90600 CUdjoe Key 90503 Ramrod Key 90510 Key West 90530 Big Pine Key 90500 Key West 90500 Key West 90550 Stock Island 90620 Big Torch Key 90620 Little Torch Key 90530 No Name Key 90530 Big Pine Key 90505 Key Largo 90530 Big Pine Key 90560 Marathon 90560 Marathon rescription Roads in Cudjoe Gardens Road and Bridge Roosevelt Boulevard from Key Wester to Boat Docks Roads in Eden Pines Subdivision - Bitter- sweet Avenue, Fern Avenue, West Shore Drive, Coconut Palm Drive, Violet Drive, Oleander Drive, Osceola Street, and Palm Drive Streets in Key West as follows: Elizabeth Street from Angela to Truman Windsor Lane from Angela to Truman Eisenhower Drive from Palm Avenue to Truman George Street from Flagler Avenue to North Roosevelt Boulevard First Street from Flagler Avenue to North Roosevelt Boulevard Fourth Street from Roosevelt Boulevard to Patterson McMillan Drive from Roosevelt Boulevard to Flagler Seventh Street from Roosevelt Boulevard to Flagler Eaton Street - Whitehead Street to Palm Avenue, and Palm Avenue McDonald Avenue from Old 4-A to Peninsula Avenue Road from Middle Torch Key to Big Torch Key, thence northly through Rainbow Beach Subdivision Pirates Road, La Grande Road, Black Beard Road and laFitte Road in Jolly Roger Estates Rebuild Old 4-A Tarpon Street in Sea View Unnamed Road in Harris Park Addition Sunrise Drive, Prince Road, Hardin Road, Flamingo Lane, Heron Lane, Falcon Lane, Killdeer Lane, Warbler Lane, Eagle Lane, Hawk Lane, and ~et Lane in Tropical Bay, 1st, 2nd, and 3rd Additions Road and bridge at Clark Avenue in Harbor Isles Section "A" Bridge at canal on Reef Drive in Little Venice Subdivision No. 2 l-a Section Location Description 90560 Marathon Sail~ish Boulevard, Baw~ish Boulevard, and Ree~ Drive in Little Venice Sudvision 90560 90560 Marathon 33rd Street Marathon 1st Street (41st Street), 2nd Street (39th Street), and Louis Street in Marathon Beach SU~Qivision 90560 90560 Marathon Old 4-A from 33rd Street to 35th Street Marathon Airport Boulevard from SR 5 North and Northeast to Key Colony Drive in Key Colony Subdivision 90610 Key Colony Beach 1st Street, Pullman Avenue, Shepard Boulevard, and Foster Boulevard in Key Colony Beach 90560 Marathon Vaca Road (50th Street) in Vaca Village Subdivision 90560 Marathon Days Avenue (64th Street) in Day Subdivision and 63rd Street (Ronald Road) in Sheryle Subdi vision 90560 Marathon Marlin Drive and Shark Drive in North Marathon Shores 90560 Marathon Lynmead Boulevard in Maramead Subdivision, Redora Road, Shirley Road, Ricky Road, Idlew6bd Road, Balm Place, Lovelee Lane 90610 Grassy Key Peachtree Avenue, Tropical Avenue and Ferraire Street from Guava Avenue to Peachtree Avenue in Crain's Subdivision 90560 Marathon Olead.er Drive and Shark Street in Stirrup Key Bight Subdivision 90560 Marathon Old 4-A (11th Street) from SR 5 to Old Ferry Landing 90560 Marathon Sea Crest Avenue (92nd Street) in Sea Crest Heights 90560 Marathon Palmetto Avenue (69th Street) in Sea Crest 1st Addition 90560 Marathon Unnamed Road connection to S-931 in Southwest 1/4 o~ Section 15 o~ Township 66 South, Range 32 East 90560 Marathon Brian Road, Charles Road, Robert Road in Key Colony Subdivision No.2 90560 Marathon Virginia Road, Brian Road, and Robert Road in Key Colony Subdivision No. 4 I-b Section Location 90560 :Marathon 90560 :Marathon 90610 Shelter Key 90610 Grassy Key 90560 :Marathon 90610 90504 Grassy Key Plantation Key 90405 Plantation Key 90504 Plantation Key 90504 Plantation Key 90504 Islamorada 90504 Islamorada 90504 Islamorada 90504 Plantation Key 90504 Plantation Key 90504 Plantation Key 90504 Plantation Key 90504 Islamorada 90504 Islamorada DescriptiuLl Marathon Avenue (30th Street) in Sombrero Subdi vision Loggerhead Lane in Crane Hammock Subdivision Yacht Harbor Drive in Eberharten Subdivision Morton Street, Baily Street, Gibson Street, Goodly Street, Dennison Street, and Parrish Drive in Sunset Bay Subdivision Avenida Primavera, Calzada de Bougainvillea, Calle Ensenada, Camino Vinenios to Bulevard CE Palmas and Bulevard de Palmas in Walorias Subdi vision Dorsett Drive in Dorsett Subdivision Ocean Drive in Tropical Atlantic Shores 1st addition Bessie Road, Cidy Road, Sonny Road, Johnny Road, and Elba Road in Boatman's Colony Extension of Coconut Palm Boulevard, Bougainvillea Street, Jasmine Street, Hibiscus Street and Extension ofAxalea Street in Plantation Key Colony Fountain Drive and Riviera Drive in Fountain Lake Estates :Maderia Road in Stratton's Subdivision North and South Hammock Road, the Hammock Subdivision Unnamed Road north of SR 5 in Bernard Russell Development Ridge Road in Plantation Key Royal Lane, Coconut Lane, and Orange Lane in Plantation Beach and Palm Lane Apache Street, Navajo Street, Pueblo Street, Sioux Street, Mohawk Street, and Tequesta Street In Indian Harbor and Indian Waterways Plantation Drive and Harbor Drive in Tropical Atlantic Shores :Matecumbe Avenue, Jerome Avenue, Palm Avenue, Bay Street, and Gulf Street in Grove Park Beach Road, Preston Street and Catherine Street in :Matecumbe Beach l-c Section Location 90504 Lower Matecumbe 90504 Plantation Key 90504 Plantation Key 90504 Lower Matecumbe 90505 Tavernier 90505 Tavernier 90505 Tavernier 90505 Tavernier 90505 Tavernier 90505 Tavernier 90505 Tavernier 90505 Tavernier 90505 Key largo 90505 Key Largo 90505 Key Largo 90505 Key Largo 90505 Key Largo 90505 Key Largo 90505 90505 Key Largo Key Largo Description Sandy Cove Avenue and Sapodi11a Drive in Matecumbe Sandy Beach Plantation Avenue and Sunshine Boulevard in Sunshine Estates Coral Avenue in Edenaire Cortez Drive and Columbus Drive in Matecumbe Ocean View Ocean Boulevard from Broadway to SR 5 in Largo Beach Lowe Street and Ocean Avenue in Tavernier Beach North Sunrise Drive in Singleton's Addition to Tavernier Cove Taver Drive, Atlantic Circle Drive, Ocean Trail and Tarpon Street in Tavernier No. 2 Tavernier Street, Florida Avenue, Georgia Street and Marine Avenue in Tavernier and Bartons Addi tion Dickie Way and Point View Road in Tavernier Harbor Heights Extend Harbor View Drive to SR 5 in Tavernier Park Unnamed Road from Tavernier Bend and Bohnert Subdivision Park Avenue, 2nd Street, Dove Lake Drive, East Beach Road, Caribbean Avenue in Ocean Park Village and Harris Ocean Park Seaside Avenue, Lime Street and Coconut Drive in Seaside Grouper, Bonito, Lobster, and Snapper Lanes in Sunrise Point Dove Road, Heron Road, and Mockingbird Road in Lime Grove Estates East 1st Street, 1st and 2nd Avenue, and East 2nd Street in Mandalay Jean Lafitte Drive, Jolly Roger Drive, Anne Bonny Drive, and Long Ben Drive in 1st Addition to Pirate's Cove Unnamed Road in Point Pleasant Esta11, Grand and Almay Streets in Rock 1-d Harbor Estates Section Location 90505 Key Largo 90505 Key Largo 90505 Key Largo 90505 Key Largo 90505 Key Largo 90505 Key Largo 90580 North Key Largo 90580 90580 Key Largo Key Largo 90507 North Key Largo 90500 Key West 90540 Sugar loaf' Key 90540 90540 Sugar loaf' Key Sugarloaf' Key 90504 Indian Key Fill 90501 Saddlebunch Key 90590 Summerland Key Lescription Bay Drive in Buttonwood Shores Addition to Lazy Lagoon East Shore Drive in Buttonwood Shores Oleander Drive and Holiday Boulevard in Holiday Homesites Jenny Lane in Largo Gardens Road and Bridge across Newport Bay to island-extension of' LaPaloma Drive Gibralter Road, Ponce LeLeon Boulevard, Tamarind Road, (Ponce de Leon to Mahogany Drive) in Bahia Mar Estates and Pamela Villa Rainbow and Atlantic Drive in Knowlson Colony, 1st Addition Snapper Avenue in Largo Sound Park Loquat Drive and Atlantic Boulevard from Loquat Drive to Garden Cove Drive in Key Largo City Subdivision Road from ocean to bay across sections 22, 23, and 24 of' Tonship 59 South, Range 40 East Widening Roosevelt Boulevard at Garrison Bight Road in Section 12 of' Township 67 South, Range 27 East including bridge over canal at S-939-A Canal Road in Perez Subdivision Crane Road from SR 5 to its present terminus and extension to bay Bridge and Causeway from SR 5 to Ligumvi tae Key Old 4-A from Sugar load Creek to West f'or 1 mile including bridge over Sugarloaf' Creek Niles Road in Niles Channel Sulidivision from Northsid.e Drive to north tip of' Island and North Side Drive Right-of'-way f'or Primary and Secondary roads throughout Monroe County l-e WHEREAS, neitber tbe State Road Department nor tbe County bas sufficient funds to finance such construction; and WHEREAS, it appears tbat sucb a project embracing the above named improvements may be financed by means of a revenue bond issue of approxi- mately $ 7,900,000 secured by a pledge of tbe 800;'0 Surplus of tbe Second Gasoline Tax accruing for use in Monroe County under provision of Section 16, Article IX of tbe Constitution of Florida; and WHEREAS, the Florida Development Commission is autborized by law to construct sucb project and to finance tbe cost tbereof by autbority of I-a" Chapter 288, Florida Statutes, and is further authorized, as lessor, to lease and sell said project to the State Road Department pursuant to Chapter 338. 14, Florida Statutes, and Chapter 288, Florida Statutes, and the State Road Depart- ment of Florida is authorized to lease and purchase said project; NOW. THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MO:NROE ,COUNTY. FLORIDA, as foHows: I. The said County does hereby make application to the Florida It>evelop- ment Commission for the financing and construction of the above descr!ibed pro- ject, under the authority of the laws of Florida hereinabove referred to and sub- stantially in accordance with the provisions of this resolution; provided, that the Florida Development Commission and the State Road Department of FI(j)rida shall have authority to determine the amount of bonds to be issued, and to de!termine the type and specific locations of the highway improvement comprising the pro- ject, and other features of an engineering, fiscal or technical nature n~cessary to the development of the project. II. The Florida Development Commission is requested to issue and sell revenue bonds, the proceeds thereof to be transferred to the State Road Depart- ment of Florida and to be expended by the latter for the cost of constructing the project. P,ny such bonds shall be payable, both as to principal and interest, out of rentals under a lease-purchase agreement, as hereinafter provided. 2. .. III. The Florida Development Commission and the State Road Department are reque sted to enter into a contract whereby the latter will agree to lease and pur- chase the project from the Cott'q:nission and to pay therefor rentals sufficient in amount to retire said revenUE! bonds and interest there on as the same shall accrue, and to establish reserve funds therefor, said rentals to be paid out of the un- pledged 800/0 Surplus Second Gasoline Tax income accruing to the State Road Department for expenditure in Monroe County, together with any earnings which may accrue from investment of the Sinking Fund. Upon the full payment of said revenue bonds and all intere st thereon, title to said project shall vest in the State of Florida in fee simple. IV. The Florida Development Commission and the State Road Department are requested to agree that the latter shall act as the agent of the Commission for the construction of the project, which construction shall include the planning, survey- ing, grading, draining, excavating, building and paving thereof, and also the cost of labor, materials, equipment and all lands or interest therein, and any other property, real or personal, appurtenant to or useful in the construction of said project, engineering and legal expense, administrative expense, the Commission's fiscal fees and any other expenses necessary or incident to the financing authorized by this res olution, to the construction of the project and to the placing of same in operation, for all of which the proceeds of said revenue bonds may be expended. Said proje ct shall be constructed according to the standards and specifications of 3. , . the State Road Department appropriate to such class of construction. v. The State Road Department is authorized to use county secondary funds for all of the expenses of preliminary engineering, surveying, investigation, and legal expenses. including costs of litigation; such costs to be reimbursed from bond funds. If for any ~eason the bonds herein requested are not issued and sold, the County agrees and consents that any expenses incurred by the State Road Department or the Florida Development Commission may be reimbursed from any secondary gas tax funds accruing to the State Road Department for use in the County. VI. It is agreed that this board shall adopt such further resolutions in such legal form as may be required to carry into effect the purposes and intent of this resolution. It is understood that any minor deviations, changes, or additions to the proposals outlined in this resolution which, in the judgment of the State Road Department and the Florida Development Commission, may be necessary to carry out the general purposes and intent of this resolution substantially in accord herewith shall not require ad- ditional resolutions or approval on the part of this Board. ~~Qj~ Board of County Commissioners ~, '.* ~~; \ " \ Affl:~ . ' ~'/!- ;t4f'~ . Clerk ' Board~9t County Commissioners 7?z~ County, Florida ..~ County, Florida 4