Promised funds from the Nocatee Development Order are due February 2012.
•$5.5 million initial amount + adjustment (CPI yearly)
•Estimated Cost for an urban sidewalk, installed: $85/linear foot/5foot wide - ($136/8 ft wide)
•Estimated Distance: 2.5 miles
•Total Estimated Cost: 2.5 miles x $136/foot/8ft wide: $1,795,200.
or $1.8 million
In addition, the SJC Bord of County Commissioners at a special meeting 2/19/2009, listed a project in the CIP ”..for improvements from the Nocatee Development Order…to be earmarked for a bike/pedestrian improvement...from the foot of the Palm Valley Bridge to Micklers Landing..”
Our proposed project will not require supplemental taxation on our residents.