FINANCIAL_SERVICESONGOING

Developer construction funding and notes with Lake Nona Land

Midtown Improvement District continues its construction funding arrangement with Lake Nona Land Company, LLC, which has provided $2,455,668 in advances and holds $512,400 in non-interest-bearing promissory notes for infrastructure work. The obligations are expected to be repaid once district bonds are issued.

Status
ONGOING
Document date
May 19, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Lake Nona Land Company Llc
Agency
Midtown Improvement District · 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
$2,455,668 Developer advances and $512,400 Developer promissory notes outstanding as of September 30, 2025
Contract type
FINANCIAL_SERVICES
Contract term
Construction funding agreement dated July 7, 2021; promissory notes dated September 23, 2021, October 7, 2021, and May 21, 2025; all non-interest bearing and expected to be repaid upon bond issuance
Renewal
Developer advances and notes remain outstanding; repayment contingent on future bond issuance, with no fixed maturity schedule disclosed.
Document type
AgendaPacket
Source document
Midtown Improvement District Board of Supervisors Meeting Agenda Packet 2026-05-19

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Midtown Improvement District?

Lake Nona Land Company Llc was awarded this financial services contract by Midtown Improvement District, as recorded on May 19, 2026. The contract value is $2,455,668 Developer advances and $512,400 Developer promissory notes outstanding as of September 30, 2025.

How much is the Lake Nona Land Company Llc contract with Midtown Improvement District worth?

The Lake Nona Land Company Llc contract with Midtown Improvement District is valued at $2,455,668 Developer advances and $512,400 Developer promissory notes outstanding as of September 30, 2025, 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 Midtown Improvement District Board of Supervisors Meeting Agenda Packet 2026-05-19 (AgendaPacket), dated May 19, 2026 from Midtown Improvement District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lake Nona Land Company Llc hold?

Lake Nona Land Company Llc 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 Nona Land Company Llc's profile

What is Midtown Improvement District currently buying?

Explore Midtown Improvement District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Midtown Improvement District's profile

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