Legislation Details

File #: 26-0701    Version: 1 Name:
Type: Recommendation Status: Consent Agenda
File created: 5/27/2026 In control: Public Works Department
On agenda: 6/16/2026 Final action:
Title: Approval and execution of (1) Locally Funded Reimbursement Agreement between the State of Florida Department of Transportation and Orange County Financial Project Numbers: 456096-2-52-01 456096-2-A8-01, (2) Resolution of the Orange County Board of County Commissioners regarding the Locally Funded Reimbursement Agreement with the State of Florida Department of Transportation concerning the advancement of the construction schedule for the planned widening of State Road 50 extending from Avalon Park Boulevard to Chuluota Road, and (3) Three-Party Escrow Agreement by and between the State of Florida Department of Transportation, Orange County, and the State of Florida Department of Financial Services, Division of Treasury. District 5.
Attachments: 1. 6.16.2026_26-0701_LFRA - Orange -SR 50, 2. 6.16.2026_26-0701_Resolution - LFRA with FDOT (CAO), 3. 6.16.2026_26-0701_Three Party Escrow Agreement
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
No records to display.

Interoffice Memorandum

 

DATE: May 27, 2026

 

TO: Mayor Jerry L. Demings and County Commissioners

 

THROUGH: N/A

 

FROM: Joseph C. Kunkel, P.E., Director, Public Works Department

 

CONTACT: Brett W. Blackadar, P.E., PMP, PTOE

 

PHONE: (407) 836-7805

 

DIVISION: N/A

 

ACTION REQUESTED:

title

Approval and execution of (1) Locally Funded Reimbursement Agreement between the State of Florida Department of Transportation and Orange County Financial Project Numbers: 456096-2-52-01 456096-2-A8-01, (2) Resolution of the Orange County Board of County Commissioners regarding the Locally Funded Reimbursement Agreement with the State of Florida Department of Transportation concerning the advancement of the construction schedule for the planned widening of State Road 50 extending from Avalon Park Boulevard to Chuluota Road, and (3) Three-Party Escrow Agreement by and between the State of Florida Department of Transportation, Orange County, and the State of Florida Department of Financial Services, Division of Treasury. District 5.

body


PROJECT:
N/A

 

PURPOSE:
This proposed Locally Funded Reimbursement Agreement is intended to enable the advancement of the construction schedule for the planned widening of State Road (SR) 50 extending from Avalon Park Boulevard to Chuluota Road.  The Florida Department of Transportation currently anticipates widening SR 50 into two separate phases: from Avalon Park Boulevard to east of the Econ River Bridge in FY 2027 and from east of the Econ River Bridge to Chuluota Road in FY 2029.  However, pursuant to this proposed Reimbursement Agreement, the widening of SR 50 can be combined into a single project, and the construction schedule can be advanced to FY 2027. 

Subject to the County’s approval of the Reimbursement Agreement, the County will make a payment of $20,000,000 to the State towards the combined cost of the proposed widening project (approximately $50,000,000) extending from Avalon Park Boulevard to Chuluota Road.  In effect, the County’s contribution of $20,000,000 will advance both widening sections of SR 50 to FY 2027.  Moreover, the Florida Department of Transportation will reimburse the County’s full contribution in ten annual installments as outlined in Exhibit B of the Agreement starting in the Department’s FY 2029. 

In addition to the Reimbursement Agreement, also attached is the Three-Party Escrow Agreement as the applicable instrument to deposit the County’s contribution of $20,000,000 into an interest-bearing account.   County funds in the escrow account are to be expended exclusively for the widening of SR 50.

 

BUDGET: N/A