FINANCIAL_SERVICESAPPROVED

Midtown Improvement District Awards Financial Services Contract to Lake Nona Land Company Llc (August 2026)

The Midtown Improvement District approved a Fiscal Year 2027 Budget Funding Agreement with Lake Nona Land Company, LLC, under which the developer will fund the District’s actual general fund expenses instead of paying non-ad valorem assessments on its property. The agreement secures payment through contractual lien and other enforcement mechanisms for the term October 1, 2026 to September 30, 2027.

Status
APPROVED
Document date
August 18, 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
Obligation to fund actual District general fund expenses for FY 2027 as set forth in the adopted budget (Budget total $567,629.10)
Contract type
FINANCIAL_SERVICES
Contract term
Fiscal Year 2027 (October 1, 2026 – September 30, 2027)
Renewal date
2027-09-30
Renewal
Applies to FY 2027 only; any future years would require a new or amended funding agreement. Developer’s funding obligation equals actual District expenses rather than the full budget if spending is below projections.
Document type
AgendaPacket
Source document
Midtown Improvement District AgendaPacket Meeting Agenda 2026-08-18

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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 August 18, 2026. The contract value is Obligation to fund actual District general fund expenses for FY 2027 as set forth in the adopted budget (Budget total $567,629.10).

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 Obligation to fund actual District general fund expenses for FY 2027 as set forth in the adopted budget (Budget total $567,629.10), 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 Meeting Agenda 2026-08-18 (AgendaPacket), dated August 18, 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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