Orchid Approves Interlocal Gas Tax Distribution Pact
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Description
The Town of Orchid approved entering into a 30-year interlocal agreement with Indian River County to govern distribution of the local option gas tax, subject to approval of the formula by all participating jurisdictions. The agreement slightly increases Orchid’s initial share while recognizing its portion will likely decrease over time based on population and lane-mile metrics.
Contract Details
Vendor
INDIAN RIVER COUNTY
Agency
Town of Orchid, FL
Contract Type
FINANCIAL_SERVICES
Document Date
March 4, 2026
Contract Term
30-year period with annual review of distribution percentages
Renewal Info
Contract term is 30 years with annual review of distribution percentages by Indian River County; no explicit renewal options noted.
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More from Town of Orchid
Town of Orchid Council Meeting Minutes April 2026
Town of Orchid Council Meeting Minutes April 2026
Town of Orchid Council Meeting Minutes April 2026
Town of Orchid Town Council Agenda April 2026
Town of Orchid Town Council Agenda April 2026
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