by Roger Normand and Andrea Seager
The Friends of the Legacy Trail have learned that there is a verbal agreement to new terms between Sarasota County, their partner Trust for Public Land, and CSX Railroad and their lessee Seminole Gulf Railroad, to acquire a portion of an unused rail corridor to extend the Legacy Trail into Downtown Sarasota!
The new agreement replaces previously negotiated terms calling for a two-phased acquisition with $20 million for phase 1 by December 2017 and $18 million for phase 2 by 2019. The County had allocated $8.6 million toward the extension during 2018 budget review sessions earlier this year, but was unlikely to achieve the remaining balance by this December. They asked the Trust for Public Land to renegotiate the terms based on the available funds.
The revised terms apply the available $8.6 million to buy the portion of the rail corridor from the northern terminus of the Legacy Trail at Culverhouse Nature Park, over Clark Road, to Ashton Road with closing in December 2017.
Once purchased, the County can begin applying for development and construction grants, and Friends of The Legacy Trail and our partners can begin fundraising in earnest for the extension.
The parties are working to finalize the revised terms and conditions before submitting it to the Board of County Commissioners (BCC) for approval expected later in August.
Stay tuned for further details, including the specific date and time for the BCC meeting. We will need all Legacy Trail Extension supporters to show up in Commission Chambers in their FLT yellow shirts to support this land purchase!
For questions, please do not hesitate to contact us here.