SUBJECT/RECOMMENDATION:
Title
Approve the recommended Penny for Pinellas project list, as revised for fiscal years 2022/23 through 2029/30. (APH)
Body
SUMMARY:
On March 6, 1997, the City Council adopted Ordinance 6137-97. The ordinance established the requirement for a special hearing prior to adoption of the capital improvement budget to discuss the use of Penny for Pinellas tax, and at any time in which there is any proposed change to the Penny for Pinellas project funding of $500,000 or more.
Changes to Penny for Pinellas projects that meet this criteria in the proposed 2022/23 capital improvement budget and six-year plan include the following:
Fire Engines/Ladder Truck Replacement - The funding for this project is being increased by a total of $372,430 to recognize the increased costs realized for the purchase of fire trucks.
Sports Fields & Facilities - project is reduced by $3,350,000 to provide funding for the following sub-projects:
o Frank Tack Improvements - This project is established in the amount of $550,000 funded in fiscal years 2023/24 and 2024/25 to construct a new restroom and improve the parking lot.
o McMullen Tennis Building Renovations - This project is established in the amount of $2,800,000, funded in fiscal years 2027/28 and 2028/29 to construct a new clubhouse and provide other improvements to courts.
Neighborhood and Community Park Renovations - This project is decreased by $1,200,000 to provide a portion of funding for the Woodgate Park Renovation project which is established in the amount of $1,800,000 funded in fiscal year 2026/27 to provide multipurpose fields and improvements to restrooms and parking.
Long Center Renovation - This project is added to the penny list for a total of $5,000,000 in fiscal years 2022/23 and 2023/24 to provide additional funding for renovations at the Long Center and reconstruction of the natatorium.
Beach Marina Upgrades - The total project is being increased by $8,000,000 for a new total of $23,000,000. The increased funding is needed to fully fund the anticipated construction costs of the beach marina renovation project.
Clearwater Harbor Marina Replacement/Upgrade - This project is added to the penny list for a total of $5,000,000 in fiscal years 2025/26 through 2029/30 to provide additional funding for the future replacement/upgrades of attenuators at the Clearwater Harbor Marina.