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File #:
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24-1826
Version:
1
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Name:
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Type:
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Recommendation
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Status:
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Passed
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On agenda:
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12/17/2024
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Final action:
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12/17/2024
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Title:
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Approval and execution of 1) Resolution 2024-M-55 of Orange County Board of County Commissioners regarding Three Party Escrow Agreement with The State of Florida Department of Transportation (FDOT) and The State of Florida Department of Financial Services, Division of Treasury for the Coast To Coast Trail Orange County GAP Segment 2 Project and 2) Three Party Escrow Agreement by and between the State of Florida Department of Transportation, Orange County, and State of Florida Department of Financial Services, Division of Treasury for improvements to Orange County GAP Segment 2 (from Hiawassee Road to north of State Road 414) and authorization for the County Mayor or designee to execute any further necessary amendments to such Agreement that do not change the scope of the project or increase the overall project budget. District 2. (Parks and Recreation Division)
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Interoffice Memorandum
DATE: November 25, 2024
TO: Mayor Jerry L. Demings and County Commissioners
THROUGH: Venerria L. Thomas, Director
FROM: Matt Suedmeyer, Manager
CONTACT: Matt Suedmeyer
PHONE: 407-836-6202
DIVISION: Parks and Recreation Division
ACTION REQUESTED:
title
Approval and execution of 1) Resolution 2024-M-55 of Orange County Board of County Commissioners regarding Three Party Escrow Agreement with The State of Florida Department of Transportation (FDOT) and The State of Florida Department of Financial Services, Division of Treasury for the Coast To Coast Trail Orange County GAP Segment 2 Project and 2) Three Party Escrow Agreement by and between the State of Florida Department of Transportation, Orange County, and State of Florida Department of Financial Services, Division of Treasury for improvements to Orange County GAP Segment 2 (from Hiawassee Road to north of State Road 414) and authorization for the County Mayor or designee to execute any further necessary amendments to such Agreement that do not change the scope of the project or increase the overall project budget. District 2. (Parks and Recreation Division)
body
PROJECT: N/A
PURPOSE: The Parks and Recreation Division is working with the Florida Department of Transportation (FDOT) to construct the Coast to Coast (C2C) Trail specifically the Orange County Gap Segment 2 (from Hiawassee Road to north of State Road 414) - Financial Project Number (FPN) 436433-1-52-02. As part of the project, Orange County has agreed to fund the reconstruction and upgrade of the existing traffic signal at the intersection of Clarcona Ocoee Road and Pine Hills Road to an updated mast arm signal system. FDOT requires the County to execute the Local Funding Agreement (LFA) to move forward with construction of the project tentatively scheduled to begin later in 2025. In addition to the LFA, FDOT further requires the County to execute this Three Party Escrow Agreement (the “Agreement”). The County Attorney's Office, Risk Management Division, Real Estate Management Division, Traffic Engineering Division and Parks and Recreation Division have reviewed this Agreement and find it acceptable.
BUDGET: N/A
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