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Dade City OKs $4.82 million FDOT promissory note for US‑98 bypass utility relocations; commissioners raise fiscal concerns
Summary
The commission approved a 15‑year, no‑interest promissory note with FDOT for $4,817,267.30 to repay city utility relocation costs for the US‑98 bypass. Commissioners acknowledged the work is complete, asked about budgeting, safeguards for payments, and preservation of landscaping and stormwater responsibilities; staff and finance said costs will be recorded to utility funds and the first payment is due Oct. 25, 2026.
Dade City authorized a 15‑year, no‑interest promissory note with the Florida Department of Transportation to repay an estimated $4,817,267.30 in city utility relocation costs associated with the US‑98 Bypass project. Staff said the relocation was required because city utilities were in DOT right‑of‑way and the final design and construction revealed additional unmapped utilities and a major trunk sewer repair that increased costs beyond original…
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