Historic City News reporters received the breakdown of how the City of St. Augustine’s administration intends to spend the $15.4 million net proceeds, after financing costs, received from the sale of $18 million in public utility bonds that were approved by commissioners in March.
Projects are listed by the individual fund under which they originate.
City taxpayers have one more opportunity for input on the City of St. Augustine FY 2012 budget at a public hearing on Thursday, September 22, 2011, beginning at 5:05 p.m. in the Alcazar Room of City Hall located at 75 King Street in St. Augustine.
General Fund
• Riberia Street peninsula bank stabilization – $800,000
• Wayfinding signage for downtown – $100,000
• Street resurfacing/sidewalk repairs – $250,000
• Island fire station and other miscellaneous – $40,000
Storm water Fund
• Riberia Street phase 1 – $1,800,875
• Riberia Street phase 2 – $1,888,000
Marina Fund
• Breakwater construction – $2,500,000
Utility Fund
• San Sebastian river force main – $625,000
• Volusia/Pearl Street upgrades – $510,000
• King Street drainage phase II – $340,000
• Riberia Street phase 1 – $1,099,125
• Riberia Street phase 2 – $1,922,000
• Utility projects, Priority “A” List
– Masters/Palmer water main replacement – $425,000
– Lincolnville water main replacement (Washington, Oneida) – $480,000
– Water main upgrades (Clark, Daniels, N. Park) – $200,000
– North City water main replacement (Water, Joiner) – $465,000
– Lighthouse area water main replacement (Red Cox, Magnolia) – $350,000
– Infiltration and inflow elimination/sewer rehab – $355,000
– Pump stations (2) replacement – $550,000
– Reverse osmosis concentrate disposal – $500,000
– Treatment plant tank coatings – $200,000
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