INDIAN RIVER COUNTY · LOCALlocal legislationPassed

Passed

Agreement for CR510/85th Street Road Improvement Project

Original title: Florida Department of Transportation (FDOT) Locally Funded Agreement (LFA) and Three Party Escrow Agreement for CR510/85th Street to 58th Avenue FM Nos. 4056063-3-43-02 and 405606-3-45-02 (IRC-2504)

January 13, 2026

transportation infrastructure road construction funding agreements

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The Frame

What this does

This agreement formalizes the financial partnership between the county and the state to facilitate construction and improvements on the CR510/85th Street corridor.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Florida Department of Transportation

The agency is a signatory to the funding and escrow agreements for the road project.

Board of County Commissioners

The board is responsible for the local funding commitment and oversight of the agreement.

Residents of the CR510/85th Street area

These residents will be impacted by the construction and subsequent road improvements resulting from this agreement.

What changed

Last recorded activity January 13, 2026.

What's next

Next step not available in the current record.

Summary

The Board of County Commissioners approved a funding and escrow agreement with the Florida Department of Transportation (FDOT) for road improvements on CR510/85th Street to 58th Avenue. This agreement establishes the financial framework for the project identified by FDOT financial management numbers 4056063-3-43-02 and 405606-3-45-02.

Key Facts

The Board of County Commissioners approved a Locally Funded Agreement (LFA) with the Florida Department of Transportation.
The agreement includes a Three Party Escrow Agreement for the CR510/85th Street to 58th Avenue project.
The project is tracked under FDOT financial management numbers 4056063-3-43-02 and 405606-3-45-02.
The document is filed under reference number 26-0127.
The action was processed as a Consent Staff Report.

Why It Matters

This agreement formalizes the financial partnership between the county and the state to facilitate construction and improvements on the CR510/85th Street corridor.

Frequently Asked Questions

What is a Locally Funded Agreement (LFA)?

An LFA is a contract between a local government and the Florida Department of Transportation where the local entity provides funding for a state transportation project.

What is the purpose of the Three Party Escrow Agreement?

It is a legal arrangement involving three parties to hold funds in a secure account until specific conditions of the road project are met.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift80% confidence

Standardized Infrastructure Funding

The use of a Three Party Escrow Agreement indicates a formal, risk-mitigated approach to managing local-state financial partnerships for road construction.

Florida Department of Transportation Board of County Commissioners

Connected Entities

locationCR510/85th Street“The specific road segment targeted for improvements.”Map →

organizationFlorida Department of Transportation“State agency partnering with the county for road infrastructure funding.”Map →

other4056063-3-43-02“FDOT financial management project number.”Map →

organizationBoard of County Commissioners“Local governing body that approved the agreement.”Map →

other405606-3-45-02“FDOT financial management project number.”Map →

Sources

Open source document

webapi.legistar.com

Analysis Score

0–100

Significance40
How much this matters to a regular citizen
Controversy5
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz10
Current news / social attention level

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