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:
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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)
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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