EQUIPMENTAPPROVED

Herons Glen Recreation District Awards Equipment Contract to Municipal Asset Management Inc (March 2026)

Herons Glen Recreation District approved a five-year Government Obligation Contract with Municipal Asset Management, Inc. to finance golf course maintenance equipment totaling $360,624.27, with annual lease payments of $84,156.80. The lease is funded from the 2025/2026 Golf Operations and Maintenance Budget and runs through November 24, 2030 with an option to own the equipment at the end of term.

Status
APPROVED
Document date
March 16, 2026
Contract type
EQUIPMENT
Vendor
Municipal Asset Management Inc
Agency
Herons Glen Recreation District · FL

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$84,156.80 per year; total principal $360,624.27
Contract type
EQUIPMENT
Contract term
Five-year government lease; first payment at closing then 4 payments per year from 02/24/2026 through 11/24/2030
Renewal date
2030-11-24
Renewal
Fixed five-year amortizing lease under a Government Obligation Contract with no stated renewal terms; payment schedule assumes 20 quarterly payments culminating on November 24, 2030, after which the purchase option price is $0 if all payments are made.
Document type
Resolution
Source document
Herons Glen Recreation District Resolution 2026-07 Golf Course Maintenance Equipment Lease

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the equipment contract by Herons Glen Recreation District?

Municipal Asset Management Inc was awarded this equipment contract by Herons Glen Recreation District, as recorded on March 16, 2026. The contract value is $84,156.80 per year; total principal $360,624.27.

How much is the Municipal Asset Management Inc contract with Herons Glen Recreation District worth?

The Municipal Asset Management Inc contract with Herons Glen Recreation District is valued at $84,156.80 per year; total principal $360,624.27, covering equipment work.

What type of contract is this?

This is a Equipment contract, documented as a resolution record.

Where was this contract approved?

This contract appears in Herons Glen Recreation District Resolution 2026-07 Golf Course Maintenance Equipment Lease (Resolution), dated March 16, 2026 from Herons Glen Recreation District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Municipal Asset Management Inc hold?

Municipal Asset Management Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Municipal Asset Management Inc's profile

What is Herons Glen Recreation District currently buying?

Explore Herons Glen Recreation District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Herons Glen Recreation District's profile

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