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File #: 26-0277    Version: 1 Name:
Type: Recommendation Status: Consent Agenda
File created: 2/17/2026 In control: Utilities Department
On agenda: 3/10/2026 Final action:
Title: Approval and execution of Letter of Credit Agreement for Paradiso Grande by and among Park Square Enterprises, LLC and Orange County, Florida. District 1. (Engineering Division)
Attachments: 1. Final Paradiso Grande LOC Agreement 260211 (1).pdf
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Interoffice Memorandum

 

DATE: February 17, 2026

 

TO: Mayor Jerry L. Demings and County Commissioners

 

THROUGH: N/A

 

FROM: Ed Torres, M.S., P.E., LEED AP, Director, Utilities

 

CONTACT: Lindy A. Wolfe, P.E., LEED AP, Manager, Engineering Division

 

PHONE: 407-254-9918

 

DIVISION: Engineering Division

 

ACTION REQUESTED:

title

Approval and execution of Letter of Credit Agreement for Paradiso Grande by and among Park Square Enterprises, LLC and Orange County, Florida. District 1. (Engineering Division)

body


PROJECT: N/A

 

PURPOSE: Park Square Enterprises, LLC (Developer) is constructing a new residential subdivision on property within Orange County’s (County) wastewater service territory. The Developer desires to upsize the existing gravity mains and the existing pump station (Construction) to support the new residential subdivision, which requires the Developer to perform work on public utilities. The County will allow the Developer to perform the Construction if the Developer pays the total cost of the Construction. By entering into this Agreement, the Developer agrees to post a surety in the form of a letter of credit to guarantee funds are available to secure the Developer’s obligation to pay for the Construction. 

The County Attorney’s Office and Risk Management Division reviewed this agreement and find it acceptable as to form. Utilities Department staff recommends approval.

 

BUDGET: N/A