§ 24.141. Appropriation of proportionate share revenues.

(a)

Proportionate share revenues shall be placed in the appropriate project account for funding of scheduled improvements in the county CIE, or as otherwise established in the terms of the proportionate share agreement. At the discretion of the local government, proportionate share revenues may be used for operational improvements prior to construction of the capacity project from which the proportionate share revenues were derived. Proportionate share revenues may also be used as the 50 percent local match for funding under the FDOT Transportation Regional Incentive Program (TRIP).

(b)

In the event a scheduled facility improvement is removed from the CIE, then the revenues collected for its construction may be applied toward the construction of another improvement within that same corridor or sector that would mitigate the impacts of development pursuant to the requirements of section 24.135(c)(2).

(c)

Where an impacted regional facility has been designated as a regionally significant transportation facility in an adopted regional transportation plan as provided in F.S. § 339.155, the county may coordinate with other impacted jurisdictions and agencies to apply proportionate share contributions and public contributions to seek funding for improving the impacted regional facility under the FDOT TRIP. Such coordination shall be ratified by the county through an interlocal agreement that establishes a procedure for earmarking of the developer contributions for this purpose.

( Ord. No. 2015-13, § 2 , 8-3-2015)