TITLE
title
Presentation by Nabors, Giblin and Nickerson, P.A., and RBC Capital Markets Regarding Debt Financing Opportunities for Public Safety and Roadway Projects
body
BRIEF OVERVIEW
Presentation will be given by Steve Miller of the Nabors, Giblin, and Nickerson and by Matthew Sansbury of the RBC Capital Markets regarding Debt Financing Opportunities for Public Safety and Roadway Capital Projects.
Hernando County has current and future capital needs in Public Safety and Transportation due to the growth in the County and needed improvements for training.
We have completed a master plan for the County Jail Complex, demonstrating need for expansion now for warehouse space and mental health facility. Longer-term needs for replacing part of the existing inmate facility are also demonstrated.
A study of existing and planned fire stations with the growth of the County. Four new fire stations are recommended in the future with current growth. A larger logistical warehouse combined with Emergency Management is recommended for support of Hernando County Fire Rescue.
A combined Sheriff and Fire Public Safety Training center is also planned to be built in the County for proper training and recruitment. An expanded Emergency Operational
Center is needed to provide proper response for future events.
Mosquito Control operations are outgrowing their existing buildings.
Waterways building provides housing and response for the Sheriff, FWC, Waterways, HCFR, and others. This building is below the flood level and a risk during every storm event. This building should be rebuilt at proper flood elevation.
Roadway expansion due to growth is a concern. Roadway expansion usually does not keep up with the rate of growth. Bonding of roadway expansion will allow for a future
FINANCIAL IMPACT
N/A
LEGAL NOTE
N/A
recommendation
RECOMMENDATION
For informational purposes only; no action is required by the Board.