real estate for future Blueprint projects, including early acquisition of transportation right of way with sales tax proceeds. Enacted intergovernmental agreement between Leon County, FDOT and the City of Tallahassee to allow proportionate fair share funds to accumulate in an account earmarked for the completion of major transportation projects, rather than spread throughout the community on smaller projects. Leon County road impact fees are placed in a Countywide Road Impact Fee Trust Account for use on designated state roads. Money deposited into the trust fund account that is not immediately needed is invested by the county and city, and income derived from those investments go back into the trust fund. o Indian River County engages in ‘opportunity purchases’ for advanced right of way acquisition. When a parcel comes up for sale on a corridor planned for widening, the county may either purchase the whole parcel or a portion of the parcel and sell the residual. Funds for land acquisition come from a combination of traffic impact fees, a six-cent local option gas tax, and a one-cent county-wide sale tax. o Alachua County has a concurrency-based multimodal transportation mitigation program that provides funding toward a variety of multimodal improvements on planned corridors within its urban service area or “urban cluster”.
8
Made with FlippingBook Learn more on our blog