Responding to a FOIA request on Poinciana's future toll parkway, Osceola County Commissioner Brandon Arrington provided the following information.
".... in regards to funds collected on the proposed Poinciana Parkway. Originally this was to be a privately built and maintained toll road with all proceeds going back to the private company. Avatar has spent around $45 million dollars so far on permitting, design and right of way acquisition. However they are currently not able to obtain funds to complete the project as planned due to the downturn in financial sector. They have now approached Osceola County to partner in the project in hopes of obtaining Federal dollars in order to move forward. Once Osceola is able to obtain funding to build the road, we will begin construction and repayment of the funds Avatar has invested and Osceola County will be the sole operator and owner of the project. All funds will be collected by us to pay for the project and future additions to our roadway network."
Let's hope it stays that way. If you have a Freedom of Information Act (FOIA) request about the Osceola side of Poinciana, write to your representative, Brandon Arrington at BArr@OSCEOLA.ORG. Source: Email Wednesday, November 04, 2009 12:38 PM.