{"id":22203,"date":"2020-04-01T17:50:51","date_gmt":"2020-04-01T23:50:51","guid":{"rendered":"https:\/\/www.skyhinews.com\/?p=64006"},"modified":"2020-04-02T14:48:37","modified_gmt":"2020-04-02T20:48:37","slug":"winter-park-agrees-to-3-3m-railroad-underpass-road-construction-settlement","status":"publish","type":"post","link":"https:\/\/alwaysmountaintime.com\/krky\/local-news\/winter-park-agrees-to-3-3m-railroad-underpass-road-construction-settlement\/","title":{"rendered":"Winter Park agrees to $3.3M railroad underpass, road construction settlement"},"content":{"rendered":"
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Preparations have already begun for the construction of the Leland Underpass, a few hundred feet away from the Kings Crossing Road railroad crossing.<\/strong>
Sawyer D\u2019Argonne \/ Sky-Hi News |<\/em><\/figcaption><\/div>\n<\/figure>\n

The Winter Park Town Council approved an amended settlement with Cornerstone Winter Park Holdings, the developer of the Grand Park neighborhood, with the town agreeing to pay $3.325 million for road construction.<\/p>\n

Originally, the town\u2019s settlement had the town paying $3.275 million into an escrow fund on April 1, but Town Manager Keith Riesberg said they reconsidered the settlement in light of the impact to the town\u2019s finances caused by the coronavirus pandemic.<\/p>\n

\u201cUnder the revised payment structure, it gives the town more control on the timing of payments and stretches that out,\u201d Riesberg said.<\/p>\n

Per the new settlement, Winter Park will pay $1.825 million for the completed railroad underpass and the associated road improvements on April 1. Other payments will be made throughout the year, upon the completion of further roadwork.<\/p>\n

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