Lake County Board of County Commissioners Agenda March 2026
County Approves $16.3M Expressway Funding with CFX
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Description
Lake County approved a $16.3 million, 20-year construction reimbursement agreement with the Central Florida Expressway Authority for the Lake/Orange Expressway Project, with first payment due in October 2027.
Contract Details
Contract Amount
$16,348,714.42 (county share, paid over 20 years; initial payment $817,436.12 in 2027)
Vendor
CENTRAL FLORIDA EXPRESSWAY AUTHORITY
Agency
Lake County, FL
Contract Type
CONSTRUCTION
Document Date
March 24, 2026
Contract Term
October 15, 2027 – October 15, 2046 (20 years)
Renewal Date
2046-10-15
Renewal Info
20-year payment schedule; agreement covers design, permitting, right-of-way, construction.
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