Golden Gem to construct Kelly Park roadway improvements

Golden Gem Investments, LLC is engaged under the Kelly Park Road Pioneering Agreement to fund and construct designated roadway and signalization improvements in the Kelly Park Interchange area in coordination with the City of Apopka. The developer shares in a collective $20 million funding cap and earns transportation impact fee credits and reimbursements for eligible roadway expenditures under the amended agreement framework.

Scope & details

The full contract record, as filed.

Contract amount

Developer funding cap up to $20 million (collective with other developers)

Contract type

CONSTRUCTION

Contract term

Original agreement recorded June 23, 2023; First Amendment effective January 31, 2025; Second Amendment in 2025; Third Amendment in draft as of May 2026

Renewal date

2026-06-01

Renewal

Under the First Amendment, key funding deadlines were extended to February 1, 2025 for the initial deposit and June 1, 2026 for total funding, and the commencement date for Kelly Park Road widening was delayed to June 1, 2025 or 60 days after right-of-way acquisition. A Third Amendment is being drafted to further clarify eligible parcels, KPI Roadway Account interest usage, and funding allocations to reach the $20 million cap.

Document type

AgendaPacket

Source document

Apopka City Commission AgendaPacket Kelly Park Road Pioneering Agreement 2026-08-19

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City of Apopka AgendaPacket Kelly Park Road Pioneering Agreement 2026-08-19

ONGOING

City of Apopka, FloridaAug 15, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by City of Apopka?

Golden Gem Investments Llc was awarded this construction contract by City of Apopka, as recorded on August 19, 2026. The contract value is Developer funding cap up to $20 million (collective with other developers).

How much is the Golden Gem Investments Llc contract with City of Apopka worth?

The Golden Gem Investments Llc contract with City of Apopka is valued at Developer funding cap up to $20 million (collective with other developers), covering construction work.

What type of contract is this?

This is a Construction contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Apopka City Commission AgendaPacket Kelly Park Road Pioneering Agreement 2026-08-19 (AgendaPacket), dated August 19, 2026 from City of Apopka. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Golden Gem Investments Llc hold?

Golden Gem Investments Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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