Title
A Resolution of the City Commission of Coral Gables authorizing the City Manager to execute the Joint Participation Agreement between Miami-Dade County and the City of Coral Gables for disbursement of road impact fee funds to the City, for the construction of a roundabout at the intersection of Segovia Street and Biltmore Way, in the City of Coral Gables, Florida.
City Manager's Recommendation
That the City Commission approve the Resolution.
Brief History
This Joint Participation Agreement is necessary in order for Miami-Dade County to disburse the Impact Fee funds necessary for the construction of a roundabout proposed at the intersection of Segovia Street and Biltmore Way.
This project will help and greatly increase roadway capacity in that area and promote vehicular and pedestrian safety throughout this intersection.
Financial Information: (If Applicable)
1. |
$350,000.00 |
Miami-Dade County Impact Fees fund |
Total: |
$350,000.00 |
|