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File #: 24-1688    Version: 1 Name:
Type: Recommendation Status: Passed
File created: 10/30/2024 In control: Public Works Department
On agenda: 11/19/2024 Final action: 11/19/2024
Title: Consent and approval of Locally Funded Agreement between the State of Florida Department of Transportation and the Central Florida Commuter Rail Commission and Three Party Escrow Agreement as approved and executed by the Central Florida Commuter Rail Commission at its November 14, 2024 meeting; and ratifying the Mayor's prior action regarding the Locally Funded Agreement at the CFCRC's November 14, 2024 meeting, in his capacity as a board member of the Central Florida Commuter Rail Commission. All Districts.
Attachments: 1. 24-1688_11.19.24_Three Party Escrow Agreement, 2. 24-1688_11.19.24_LFA - AT COST SunRail, 3. 2024-11-19 Public Works Department Consent Item-09
Interoffice Memorandum

DATE: October 30, 2024

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., Deputy Director

PHONE: (407) 836-7805

DIVISION: N/A

ACTION REQUESTED:
title
Consent and approval of Locally Funded Agreement between the State of Florida Department of Transportation and the Central Florida Commuter Rail Commission and Three Party Escrow Agreement as approved and executed by the Central Florida Commuter Rail Commission at its November 14, 2024 meeting; and ratifying the Mayor's prior action regarding the Locally Funded Agreement at the CFCRC's November 14, 2024 meeting, in his capacity as a board member of the Central Florida Commuter Rail Commission. All Districts.
body

PROJECT: N/A

PURPOSE: SunRail revenue operations began on May 1, 2014, and in accordance with the conditions in the original agreement, the Florida Department of Transportation (FDOT) was responsible for operating and funding SunRail for seven years. Responsibility for SunRail operations was scheduled to shift to the Local Government Funding Partners (LGFP) that comprise the Central Florida Commuter Rail Commission (Orange, Osceola, Seminole, and Volusia Counties, as well as the City of Orlando) seven years after commencement of revenue operations, essentially in 2021. However, since the full 61- mile SunRail system was not yet complete in 2021, FDOT and the LGFP negotiated an extension of the funding period with FDOT ultimately agreeing to continuing funding operations through 2024. We have reached that point where FDOT has fulfilled its initial commitment and the transfer to the LGFP must occur pursuant to the original agreements and obligations.

During this pivotal year in the overall SunRail transition process, Orange County staff has been working with FDOT staff and other LGFP regarding the details of the transition of SunRail operations--now set to occur...

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