OTHERPENDING

Pending TIF Sharing Agreement Between Lake County and Mount Dora CRA

The City of Mount Dora and its Northeast Community Redevelopment Agency are considering an Interlocal Agreement with Lake County, Florida, to determine the allocation of tax increment revenues from the expanded redevelopment area. Under the draft, Lake County would retain 45% of TIF from its General Fund, 100% of ambulance MSTU increment, and the CRA would receive 55% of TIF from the expansion area, with specified use of funds for local infrastructure improvements.

Status
PENDING
Document date
March 3, 2026
Contract type
OTHER
Vendor
Lake County Florida
Agency
City of Mount Dora · 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
Increment revenue sharing: 55% to Northeast CRA, 45% retained by Lake County's General Fund from expansion area, 100% of Ambulance MSTU; Est. reduction to CRA funds $67,440/year; Potential total $2,460,190 (2025-2049)
Contract type
OTHER
Contract term
January 1, 2026 – approx. December 31, 2049 (CRA sunset year)
Renewal date
2049-12-31
Renewal
Agreement term aligned with Northeast CRA's authorized period through 2049; may be amended by written agreement of all parties. No auto-renewal, but may be amended as necessary by future interlocal amendment.
Document type
AgendaPacket
Source document
Northeast CRA Board Agenda Packet March 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Mount Dora?

Lake County Florida was awarded this government contract by City of Mount Dora, as recorded on March 3, 2026. The contract value is Increment revenue sharing: 55% to Northeast CRA, 45% retained by Lake County's General Fund from expansion area, 100% of Ambulance MSTU; Est. reduction to CRA funds $67,440/year; Potential total $2,460,190 (2025-2049).

How much is the Lake County Florida contract with City of Mount Dora worth?

The Lake County Florida contract with City of Mount Dora is valued at Increment revenue sharing: 55% to Northeast CRA, 45% retained by Lake County's General Fund from expansion area, 100% of Ambulance MSTU; Est. reduction to CRA funds $67,440/year; Potential total $2,460,190 (2025-2049).

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Northeast CRA Board Agenda Packet March 2026 (AgendaPacket), dated March 3, 2026 from City of Mount Dora. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lake County Florida hold?

Lake County Florida 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 Lake County Florida's profile

What is City of Mount Dora currently buying?

Explore City of Mount Dora's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Mount Dora's profile

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