FINANCIAL_SERVICESAPPROVED

Town of Lake Park Awards Financial Services Contract to Td Equipment Finance (February 2026)

Lake Park approved a 4‑year, $376,460 tax‑exempt financing agreement with TD Equipment Finance at 3.64% interest to purchase a 2026 Mack TE64R sanitation truck with a Heil front‑end loader. Semiannual payments totaling about $407,852 over the term will support essential residential solid waste collection services.

Status
APPROVED
Document date
February 18, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Td Equipment Finance
Agency
Town of Lake Park · FL

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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
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
$376,460 (principal), total payments approximately $407,852.40 at 3.64% interest
Contract type
FINANCIAL_SERVICES
Contract term
4 years; tax-exempt financing with two semi-annual payments per year, first payment due March 2026
Renewal date
2030-03-30
Renewal
New financing arrangement approved February 4, 2026, with a fixed 4‑year amortization and no renewal provisions; debt will be fully repaid at the end of the term.
Document type
AgendaPacket
Source document
Lake Park Town Commission AgendaPacket Regular Commission Meeting 2026-02-18

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Lake Park?

Td Equipment Finance was awarded this financial services contract by Town of Lake Park, as recorded on February 18, 2026. The contract value is $376,460 (principal), total payments approximately $407,852.40 at 3.64% interest.

How much is the Td Equipment Finance contract with Town of Lake Park worth?

The Td Equipment Finance contract with Town of Lake Park is valued at $376,460 (principal), total payments approximately $407,852.40 at 3.64% interest, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Lake Park Town Commission AgendaPacket Regular Commission Meeting 2026-02-18 (AgendaPacket), dated February 18, 2026 from Town of Lake Park. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Td Equipment Finance hold?

Td Equipment Finance 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 Td Equipment Finance's profile

What is Town of Lake Park currently buying?

Explore Town of Lake Park's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Lake Park's profile

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