LYNX Oversight Committee Agenda April 2026
Private Property License Enables New UCF-Area Bus Shelter
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Description
LYNX staff requests approval to enter into a Transit Station License Agreement with TGA SMI Verve Orlando, LLC to install and maintain a bus shelter and related amenities near the University of Central Florida. The ten‑year agreement, with automatic renewals, formalizes LYNX’s use of private property for transit facilities.
Contract Details
Vendor
TGA SMI VERVE ORLANDO LLC
Agency
Central Florida Regional Transportation Authority, FL
Contract Type
FACILITIES
Document Date
April 23, 2026
Contract Term
Ten (10) year term commencing on execution, with automatic yearly renewals thereafter
Renewal Info
Initial ten‑year term with automatic one‑year renewals; either party may terminate with specified notice, and early removal requested by Licensor requires reimbursement of remaining depreciation costs to LYNX.
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APPROVEDIssuing Agency
Central Florida Regional Transportation Authority
Special District
Orlando, FL
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