Sarasota News Leader

10/11/2013

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Sarasota News Leader October 11, 2013 Page 58 "I like the overpass option there, especially with development coming in to the east [of the interstate]," said Vice Chairman Charles Hines. Christine Robinson in the minority. Robinson has protested the county's deficit spending, as the board has continued to dip into its economic uncertainty fund to balance its budget. "We need to move this forward," Commissioner Joe Barbetta said about The Villages of Lakewood Ranch South, which already has been in the approval process for more than three years. Richard Gleitsman, representing the county's Office of Financial Management, told the board the plan originally called for a $14 million loan. However, staff determined $1.5 million could be allocated for it out of Tourist Development Tax revenue. Therefore, the borrow would be about $12.5 million. BEACH FUNDS The vote on a $12.5 million loan to help pay The exact figure, provided in staff material for the $21.5 million Siesta Public Beach Park for the board, is $12,543,000; that includes the improvements was 4-1, with Commissioner issuance cost. Artist's renderings show the planned designs of the new Public Safety Building at Siesta Public Beach and the restored historic pavilion. Image courtesy Sarasota County

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