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Board reviews gatehouse and monument plans; CIP changes could require ~$2.5M loan
Summary
Staff presented a revised Long Range Plan showing monument replacements ($250,000 est.) and gatehouse renovation estimates (FY2026 $615,775; FY2027 $407,240). Mr. Long said the CIP change will necessitate a loan of approximately $2.5 million; staff will submit permits to the Village of Estero.
District and project staff reviewed a revised Long Range Plan for Pelican Sound gatehouse and monument work. Charlie Krebs will submit permit applications for monuments and gatehouses to the Village of Estero; the Village has already approved the stormwater management permit and the South Florida Water Management District approval is pending.
Mr. Long said he kept the estimate for replacing four monuments at $250,000 and listed gatehouse renovation estimates of $615,775 (FY2026) and $407,240 (FY2027). Long told the board that the overall change in the capital-improvement plan will necessitate a loan of approximately $2.5 million. He also noted a backup irrigation well cost of $291,500 is near completion and that FPL will replace transformers by the Turnberry pool at no cost to the CDD.
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