FINANCIAL_SERVICESONGOING

Developer Continues Funding District Infrastructure Projects

Lake Nona Land Company, LLC continues to finance Midtown Improvement District infrastructure through a construction funding agreement and several non-interest-bearing promissory notes totaling nearly $2.97 million outstanding as of September 30, 2025. The advances will be repaid upon future bond issuance.

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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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
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; plus $9,600 new promissory note on May 21, 2025
Contract type
FINANCIAL_SERVICES
Contract term
Advances and promissory notes payable upon issuance of bonds; notes are non-interest-bearing
Renewal
Construction funding agreement executed July 7, 2021 remains in effect; repayment contingent on issuance of district bonds.
Document type
AgendaPacket
Source document
Midtown Improvement District AgendaPacket Board of Supervisors Meeting 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; plus $9,600 new promissory note on May 21, 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; plus $9,600 new promissory note on May 21, 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 AgendaPacket Board of Supervisors Meeting 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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