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Board reviews long-range plan: backup well, gatehouse and monument cost estimates could require $2.5M loan
Summary
Eric Long reviewed a revised Long Range Plan including a $291,500 backup irrigation well near completion, traffic-calming completed at $26,739, and monument and gatehouse estimates (monuments $250,000; gatehouse renovation $615,775 FY2026, $407,240 FY2027); Long said CIP changes will likely require a $2.5 million loan.
Eric Long reviewed multiple elements of a revised Long Range Plan for Pelican Sound gatehouse and neighborhood monument work. He reported a Traffic Calming Project had been completed at a cost of $26,739 for a radar sign and traffic camera; a Backup Irrigation Well was near completion with an estimated additional cost of $291,500 and an expectation that the new pump would be installed and operating within the next couple of weeks.
Long kept the estimate for replacing four monuments at $250,000 and reported gatehouse renovation probable costs of $615,775 for FY2026 and $407,240 for FY2027. He said permit applications for monuments and gatehouses will be submitted to the Village of Estero and noted that the sealed-bid threshold ($550,000) means the gatehouse project will require a sealed-bid process. Long told the board that the overall change in the CIP will necessitate a loan of approximately $2.5 million.
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