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EQUIPMENTAPPROVED

Sun ‘N Lake of Sebring Improvement District Board of Supervisors Meeting Minutes 2026-05-05

Golf Cart Lease Buyout Approved With EZ-GO

$528,825Sun n Lake of Sebring Improvement DistrictEZ-GOMay 5, 2026

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Description

The Board approved a 3-year lease buyout contract with EZ-GO for the replacement of 100 golf carts, totaling $528,825, with annual payments and a $1,000 buyout option at the end of the lease. EZ-GO will provide buyback and repair services for the District’s entire cart fleet. The contract was unanimously approved by all supervisors.

Contract Details

Contract Amount

$528,825

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 buy out option, annual payments of $177,000, $1,000 buyout at end

Renewal Date

2029-05-05

Renewal Info

No auto-renewal language noted. End of 3-year lease includes a $1,000 buyout option for the fleet.

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Sun 'N Lake of Sebring Improvement District Board Meeting Minutes May 2026

Sun n Lake of Sebring Improvement District (Florida)$250,000 buy back of current fleet; $176,000–$177,000 annual payments for three years; total contract cost approximately $528,000–$528,825; $1,000 buyout optionMay 5, 2026

Sun 'n Lake of Sebring Improvement District Board Meeting Agenda May 2026

Sun n Lake of Sebring Improvement District (Florida)$250,000 buy back of 100 carts and annual payment of $177,000 for three years (total $528,825)May 5, 2026

Sun 'N Lake of Sebring Improvement District Board of Supervisors Meeting Minutes 2026-05-05

Sun n Lake of Sebring Improvement District (Florida)$528,825 total (annual payments of approximately $176,000 for three years, $250,000 buyback, $1,000 buyout option)May 5, 2026

City of California City Council Agenda February 2026

City of California (California)$46,718.16 per year for five years (total $233,590.80)February 24, 2026

Issuing Agency

Sun n Lake of Sebring Improvement District

Utility District

Sebring, FL

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Vendor

EZ-GO

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Sun 'N Lake of Sebring Improvement District Agenda Packet 2026-06-02

$525K MAX cost (includes a 10% contingency), includes $225K RPAC grant to augment the costsJune 2, 2026

Sun 'N Lake of Sebring Improvement District Board of Supervisor Meeting Agenda 2026-06-02

$525K MAX cost (includes a 10% contingency), with a $225K RPAC grant to augment costsJune 2, 2026

Sun 'N Lake of Sebring Improvement District Board of Supervisor Meeting Agenda 2026-06-02

Sun 'N Lake of Sebring Improvement District Agenda Packet 2026-06-02

Sun 'N Lake of Sebring Improvement District Board Meeting Minutes May 2026

$250,000 buy back of current fleet; $176,000–$177,000 annual payments for three years; total contract cost approximately $528,000–$528,825; $1,000 buyout optionMay 5, 2026

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