Bill > H1101

This bill revises the structure and operations of the Central Florida Expressway Authority, a governmental entity responsible for expressway systems in Central Florida. Key changes include specifying that members appointed by the Governor to the authority's governing body will have their terms end on December 31st of their final year, and removing the requirement for the authority to elect one of its members as a secretary. Additionally, the bill clarifies that the Central Florida Expressway Authority is a party to a lease-purchase agreement, a type of contract where one party leases property with the option to buy it, between the Florida Department of Transportation (the department) and the Orlando-Orange County Expressway Authority, and it removes the stipulation that ownership of the former Orlando-Orange County Expressway System must be transferred to the state.