The widening of Burnt Store Road in Charlotte County got a strong boost this week by the county commission. The Charlotte Sun Newspaper’s Gary Roberts reported this in the Wednesday, June 23, 2016 edition. The financing for the project is complicated, but the county is looking at this project as a high priority; GREAT NEWS for the Burnt Store Corridor. Here is the relevant section of the article.
“— Charlotte commissioners have endorsed a strategy to fund top-priority capital projects through 2021, aided significantly by a revamped justice center expansion plan.
In identifying needs that are both urgent and doable over the next five years, county officials pared down transportation and facilities projects to a manageable number. “We believe we have found a way to solve the funding portion,” County Administrator Ray Sandrock said at Tuesday’s County Commission workshop.
While the county is ready to spend $38 million on widening the final section of Burnt Store Road, improvements have been delayed for Sandhill Boulevard and Kings Highway, from Interstate 75 to the DeSoto County line. In their place is $1.5 million to extend planned Olean Boulevard improvements from U.S. 41 all the way to Easy Street and $6 million for more sidewalks.
To pay for these projects, commissioners opted to avoid implementing a tax hike — such as dedicating new millage for roads or increasing impact fees from the current 40 percent rate to 100 percent — and instead will borrow against their own reserves, with gas taxes eventually reimbursing the county.”