Overview: In a recent session, Oviedo Community Redevelopment Agency (CRA) discussed the potential reallocation of a million dollars from the Franklin Street project to expedite the Geneva Drive Connector Road during their recent meeting. This reallocation aims to provide the necessary funding to complete the entire Geneva Drive project, which, along with the lift station, is estimated to cost around five million dollars. The CRA’s proposed budget for the fiscal year 2024-2025 anticipates over $1.5 million in revenues, with a considerable portion earmarked for capital projects, including public works recommendations.
Overview: The Oviedo Community Redevelopment Agency (CRA) has approved a budget amendment concerning the East Magnolia Street crossing, affected by Hurricane Ian. The amendment, requested to address an embankment washout, will utilize the third generation sales tax fund instead of the CRA’s resources.