Interoffice Memorandum
DATE: August 6, 2024
TO: Mayor Jerry L. Demings and County Commissioners
THROUGH: N/A
FROM: Joseph C. Kunkel, P.E., Director, Public Works Department
CONTACT: Jon V. Weiss, P.E., Chairman
PHONE: (407) 836-5393
DIVISION: Roadway Agreement Committee
ACTION REQUESTED:
title
Approval and execution of Proportionate Share Agreement for Village H of Horizon West Waterleigh PD - Parcel 13 Village Center/PSP-18-09-302 Avalon Road by and between Four Ways Capital Group LLC and Orange County for a proportionate share payment in the amount of $457,912. District 1. (Roadway Agreement Committee)
body
PROJECT: N/A
PURPOSE:
The Roadway Agreement Committee has reviewed a Proportionate Share Agreement for Village H of Horizon West Waterleigh PD - Parcel 13 Village Center/PSP-18-09-302 Avalon Road ("Agreement”) by and between Four Ways Capital Group LLC and Orange County for a proportionate share payment in the amount of $457,912. Pursuant to Section 163.3180(5)(h), Florida Statutes, an applicant may mitigate capacity deficiencies by entering into a proportionate share agreement and contributing a proportionate share payment. The proportionate share payment is due within 90 days of the effective date of this Agreement.
The Agreement follows the recommendation of the Roadway Agreement Committee providing for the mitigation of road impacts for 14 deficient trips on the road segment of Avalon Road from Western Way to Water Springs Boulevard in the amount $32,708 per trip.
The Roadway Agreement Committee recommended approval on July 17, 2024. The Specific Project Expenditure Report and Relationship Disclosure Forms are on file with the Transportation Planning Division.
If you have any questions, please feel free to contact me at 407-836-5393.
BUDGET: N/A