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Sebastian River Improvement District Regular Board Meeting February 2026

FDOT Finalizes $1.56M Right of Way Purchase from SRID

$1,561,100.00 (Parcel 121) and $300.00 (Parcel 702)Sebastian River Improvement DistrictFLORIDA DEPARTMENT OF TRANSPORTATIONFebruary 18, 2026

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Description

The Florida Department of Transportation has finalized a purchase with the Sebastian River Improvement District, acquiring right of way for CR 609 improvements for $1,561,100 and a temporary easement for $300. The transaction supports planned road and infrastructure upgrades and is set to close by mid-2026.

Contract Details

Contract Amount

$1,561,100.00 (Parcel 121) and $300.00 (Parcel 702)

Vendor

FLORIDA DEPARTMENT OF TRANSPORTATION

Agency

Sebastian River Improvement District, FL

Contract Type

OTHER

Document Date

February 18, 2026

Contract Term

Permanent right of way (Parcel 121); temporary easement through March 31, 2028 (Parcel 702)

Renewal Date

2028-03-31

Renewal Info

Permanent acquisition for Parcel 121 (no renewal); temporary easement (Parcel 702) expires March 31, 2028, with no recurrence. Temporary easement terminates upon completion of construction or at end date, whichever occurs first.

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