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Board Approves Issuance of Causeway Bonds/Buys Incinerator Boiler
May 24, 2005 FOR IMMEDIATE RELEASE FORT MYERS, Fla. (May 24, 2005) - The Board of Lee County Commissioners today approved the following items during its regular weekly meeting. They are: Causeway Bonds - Authorized the Chairman or Vice Chairman to sign a resolution for the authorization, execution and delivery of a Bond Purchase Agreement that meets certain specific criteria in connection with the Transportation Facilities Revenue Bonds, Series 2005B (Sanibel Causeway). This allows the Bond Purchase Agreement to be signed (if the bonds are sold) without reconvening the Board of County Commissioners. The county's bond underwriters plan to sell the $68.7 million of bonds June 1 (pre-sales to retail customers) and June 2. WTE Facility - Approved and authorized the Chairman to sign a contract between Lee County and Riley Power, Inc., (a Babcock Power Inc. Company) for a $26.9 million furnace/boiler for the expansion of the county's Waste-to-Energy Facility. The county is expanding the facility from a capacity of 1,200 tons of garbage a day to 1,800 tons. This action provides the necessary furnace/boiler for the Waste-to-Energy Expansion Project. Land Purchase - Approved an $850,000 Purchase Agreement for acquisition of a 65-acre parcel south of Corkscrew Road and east of I-75 and Stoneybrook for the Corkscrew Road widening project, the Pinewoods Water Treatment Plant Project (potential of 22 acres for well fields, and CR 951 Right of Way Extension Project. The final recommended alignment of CR 951 will be presented to the Board prior to the closing on the purchase in 90 days. The Board indicated this will not impact its decision on the alignment and that the purchase is a good deal because of price for other uses, including the well fields. Road Expansion - Awarded a Professional Services Agreement for SIX MILE CYPRESS FOUR LANE WIDENING - NO. OF DANIELS TO SO. OF WINKLER EXTENSION, to Johnson Engineering, Inc. for a one year period. Further authorized Chairman on behalf of the Board to execute agreement in the not-to-exceed amount of $1,111,982.00. This provides the County with a Consultant to design and permit the four-lane widening of Six Mile Cypress Parkway from North of Daniels Parkway to South of Winkler Extension. |