District Approves Three-Year EZ-GO Golf Cart Lease
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Description
The Board approved a three-year golf cart fleet replacement lease contract with EZ-GO totaling approximately $528,825, including buyback of 100 carts and a $1,000 buyout option. The agreement provides annual payments of about $176,000 and maintains the fleet under district insurance coverage.
Contract Details
Contract Amount
$528,825 total (annual payments of approximately $176,000 for three years, $250,000 buyback, $1,000 buyout option)
Vendor
EZ-GO
Agency
Sun n Lake of Sebring Improvement District, FL
Contract Type
EQUIPMENT
Document Date
May 5, 2026
Contract Term
3 years lease with buyout option
Renewal Info
Initial three-year lease with a buyout option at the end of the term; no explicit renewal options described in the minutes.
More from EZ-GO
Issuing Agency
Utility District
Sebring, FL
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Sun 'N Lake of Sebring Improvement District Board Meeting Minutes April 2026
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