Interoffice Memorandum
DATE: March 10, 2025
TO: Mayor Jerry L. Demings and County Commissioners
THROUGH: N/A
FROM: Joseph C. Kunkel, P.E., Director, Public Works Department
CONTACT: Jon V. Weiss, P.E., Chairman
PHONE: (407) 836-5393
DIVISION: Roadway Agreement Committee
ACTION REQUESTED:
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Approval and execution of Amended and Restated Silverleaf Road Network Agreement C.R. 545/Avalon Road and New Independence Parkway by and between Jen Florida 36, LLC, Hamlin Partners at Silverleaf, LLC, and Orange County providing for a $5,000,000 County contribution to expedite the construction of New Independence Parkway. District 1. (Roadway Agreement Committee)
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PROJECT: N/A
PURPOSE:
The Roadway Agreement Committee has reviewed the Amended and Restated Silverleaf Road Network Agreement C.R. 545/Avalon Road and New Independence Parkway (the "Agreement”) by and between Jen Florida 36, LLC, Hamlin Partners at Silverleaf, LLC, and Orange County to amend the terms of the Town Center West (Silverleaf) Road Network Agreement originally approved by the Board on September 1, 2020, and recorded as Document #20200467436, as amended.
The Agreement consolidates the previously approved Town Center West (Silverleaf) Road Network Agreement and the subsequent four amendments and introduces new terms to expedite the construction of New Independence Parkway. Under the terms of the current agreement, as amended, New Independence Parkway is a partnership project required to be delivered as development activity occurs within portions of Town Center, to be funded entirely via developer payments into an escrow account or transportation impact fee credits for 100% of eligible costs. The design, engineering, and permitting phases for New Independence Parkway have now been completed, needed right of way has been or is being conveyed, and contractor bids have been received for the project. However, developer funding is not available at this time to fully fund the anticipated construction costs.
In order to expedite the construction and guard against further escalation in costs for the New Independence Parkway Extension, the Agreement commits County funding in the amount of $5,000,000 and recognizes additional funding assistance from Central Florida Expressway (CFX) in the amount of $2,500,000. The Board approved and executed the Agreement between Orange County, Florida and Central Florida Expressway Authority Regarding the Westerly Extension of New Independence Parkway on February 11, 2025, securing CFX’s contribution. If approved, it is anticipated that construction of the New Independence Parkway extension could occur within the next few months. County funding is available to be rebudgeted within the current fiscal year Capital Improvement Program.
The proposed Agreement also reduces the trips awarded proportionally by the amount of public funding and further adjusts project segmentation and trip awards along CR 545/Avalon Road due to the major improvement project at the intersection of Porter Road.
The Roadway Agreement Committee recommended approval of the Amended and Restated Silverleaf Road Network Agreement on March 12, 2025. The Specific Project Expenditure Report and Relationship Disclosure Forms are on file with the Transportation Planning Division.
If you have any questions, please feel free to contact me at 407-836-5393.
BUDGET: N/A