Fort Pierce is set to enhance its infrastructure significantly with a new $3 million project aimed at the resurfacing and reconstruction of Avenue D. During the recent FPRA special meeting, board members confirmed a state appropriation of $1.5 million, which will be matched by an additional $1.5 million from the Fort Pierce Redevelopment Agency (FPRA). This funding will cover improvements from US 1 to 29th Street, including new stamped crosswalks and streetscaping.

The project has been in the pipeline for several years, with the state funding initially approved two to three years ago. Board members expressed a sense of urgency to move forward, as the funds have been held up while awaiting project implementation. The FPRA is now preparing to finalize contracts and change orders to kickstart the work.

In addition to the Avenue D project, discussions also touched on the agency's financial management. Board members noted that while there appears to be a surplus in the fund balance, it primarily reflects the timing of project implementations rather than excess funds. They anticipate significant expenditures in the upcoming fiscal year as projects progress.

Moreover, the board addressed the agency's debt situation, revealing plans to eliminate most long-term debt within the next four years, provided no new debt is incurred. This financial strategy aims to strengthen the agency's fiscal health and support future projects.

Overall, the meeting underscored the FPRA's commitment to improving Fort Pierce's infrastructure while maintaining a focus on responsible financial management. As these projects move forward, residents can expect enhanced roadways and a more vibrant community landscape.