LYNX Finance & Audit Committee Agenda April 2026
LYNX, OCPS Agree on Sadler School Shelters
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Description
LYNX is entering a 10-year Transit Station License Agreement with the School Board of Orange County to install three bus shelters and amenities near Sadler Elementary School. The shelters remain LYNX property, with automatic annual renewals after the initial term and defined termination and depreciation recovery provisions.
Contract Details
Vendor
SCHOOL BOARD OF ORANGE COUNTY
Agency
Central Florida Regional Transportation Authority, FL
Contract Type
FACILITIES
Document Date
April 16, 2026
Contract Term
10 years starting March 10, 2026, with automatic 1-year renewals
Renewal Date
2036-03-10
Renewal Info
Initial 10-year term from March 10, 2026, then automatically renews yearly; LYNX may terminate with 90 days’ notice and OCPS with 180 days’ notice. Early removal at OCPS request requires payment of remaining depreciation to meet FTA useful life.
More from SCHOOL BOARD OF ORANGE COUNTY
Related Contracts
Central Florida Regional Transportation Authority AgendaPacket 2026-05-28
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APPROVEDCentral Florida Regional Transportation Authority Finance & Audit Committee Agenda 2026-05-21
APPROVEDLYNX Board Agenda April 2026
APPROVEDLYNX Oversight Committee Agenda April 2026
PENDINGIssuing Agency
Central Florida Regional Transportation Authority
Special District
Orlando, FL
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