๐ฆ AGENDA UPDATE: Council to Consider Babcock/Eldron Intersection Improvement Agreement
City, County Partnership Targets South Babcock Traffic Relief Using Developer Funds. ๐
Palm Bay, FL - An important item has been added to the agenda for the upcoming Palm Bay City Council meeting on Thursday, May 1st. Council will now consider an Interlocal Agreement with Brevard County aimed at easing congestion through much-needed intersection and traffic signal improvements at Babcock Street SE and Eldron Boulevard SE/Grant Road.
Addressing South Babcock Traffic
This project stems from discussions between City and County staff aimed at improving traffic capacity in the South Babcock area. The intersection at Eldron/Grant was identified as a key project needed to support area growth and alleviate congestion that could move forward relatively quickly.
Sufficient right-of-way already exists for the necessary roadway and drainage work. Crucially, funding is available through existing proportionate fair share agreements, development agreements, and transportation impact fees (TIFs) collected from area developers.
City/County Partnership Details
The proposed Interlocal Agreement outlines a collaborative approach:
Project Management: Brevard County will manage the design, permitting, and construction, as this segment of Babcock Street falls under County jurisdiction currently. The traffic signal component will adhere to City of Palm Bay standards.
Funding: The total estimated project cost is $2.5 million.
Brevard County will contribute $500,000 (20%) from County TIFs collected from nearby unincorporated area developments.
The City of Palm Bay will contribute the remaining $2 million (80%). These funds are already secured from developers through existing agreements and TIFs specifically collected for the 32909 area. No new City tax dollars are proposed for this project.
Timeline: The project is anticipated to be designed, constructed, and operational by December 31, 2028.
Future Maintenance: Upon completion, the City of Palm Bay will take ownership and responsibility for maintaining the traffic signal and intersection improvements.
Council Consideration
The City Council will vote on whether to approve this agreement and authorize the Mayor to sign it, formalizing the partnership with Brevard County.
View the Document: Residents interested in this specific project can view the proposed Interlocal Agreement and supporting documents here and attend the meeting on May 1st at 6:00 PM to hear the discussion.
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