OTHERPENDING

City of Oviedo Council Agenda Packet April 2026

Oviedo Weighs Fuel Tax Assignment for Seminole Connector

City of OviedoSEMINOLE COUNTYApril 27, 2026

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Description

The City of Oviedo is considering an Interlocal Agreement with Seminole County to assign its share of the 5‑cent local option fuel tax for ten years to help fund the SR 417/SR 452 Seminole Connector Expansion Project. Under the draft terms, the Florida Department of Revenue would send Oviedo’s fuel tax proceeds directly to Seminole County for project planning, design, right-of-way, and construction costs.

Contract Details

Vendor

SEMINOLE COUNTY

Agency

City of Oviedo, FL

Contract Type

OTHER

Document Date

April 27, 2026

Contract Term

January 1, 2027 – December 31, 2036 (10 years)

Renewal Date

2036-12-31

Renewal Info

Assignment is for a fixed 10‑year term, effective with distributions beginning January 1, 2027 and expiring December 31, 2036, unless earlier terminated or extended by mutual written agreement. Upon expiration, the City’s statutory distribution automatically reverts back to the City; future contributions may be reduced proportionally if additional grants or third‑party funding are secured for the project.