CONTRACTRECOMMENDED

Water Plant Loan Amendment Recommended With DEP

Lake Alfred Police Department logoLake Alfred Police Department
Disclosed value
$3.8 million in additional funding; total project and loan amount of $21,253,848; total City obligation of $10,820,895 after principal forgiveness
From agendapacket
Document date
Nov 2, 2026
Renews
Free account

The 30-second brief

What it covers

Lake Alfred staff recommended amending its Drinking Water State Revolving Fund construction loan agreement with the State of Florida Department of Environmental Protection. Amendment No. 2 would add $3.8 million for water-main construction and bring the total project loan to $21.253848 million, with a 20-year repayment obligation at 1.45% interest.

Who holds it

State of Florida Department of Environmental Protection holds this financial services contract with Lake Alfred Police Department. Its other public contracts on record include work for City of Mary Esther and Town of Orange Park.

What happens next

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Contract details

Contract type
Financial Services
Amount
$3.8 million in additional funding; total project and loan amount of $21,253,848; total City obligation of $10,820,895 after principal forgiveness
Document date
November 2, 2026
Term
1.45% interest over a 20-year repayment period; annual debt service of $649,790
Renews
On record
Source document
City of Lake Alfred AgendaPacket City Commission / CRA 2026-11-02 (AgendaPacket)

State of Florida Department of Environmental Protection's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Lake Alfred Police Department?

State of Florida Department of Environmental Protection was awarded this financial services contract by Lake Alfred Police Department, as recorded on November 2, 2026. The contract value is $3.8 million in additional funding; total project and loan amount of $21,253,848; total City obligation of $10,820,895 after principal forgiveness.

How much is the State of Florida Department of Environmental Protection contract with Lake Alfred Police Department worth?

The State of Florida Department of Environmental Protection contract with Lake Alfred Police Department is valued at $3.8 million in additional funding; total project and loan amount of $21,253,848; total City obligation of $10,820,895 after principal forgiveness, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Lake Alfred AgendaPacket City Commission / CRA 2026-11-02 (AgendaPacket), dated November 2, 2026 from Lake Alfred Police Department. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does State of Florida Department of Environmental Protection hold?

State of Florida Department of Environmental Protection may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Lake Alfred Police Department currently buying?

Explore Lake Alfred Police Department's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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