Tuesday, October 6, 2020

Tonight's Lake Worth City Commission Meeting

Lots of things on the agenda tonight

13 items on Consent one of which amounts to $2,931,051! This Agreement authorizes loan DW501750 from Florida Department of Environmental Protection (FDEP) for the 2-inch watermain replacement Phases 5 & 6 Construction project.

But the biggie comes under New Business E: Ordinance 2020-16 will authorize the issuance of taxable utility bonds. The City intends to issue some taxable bonds as part of the Series 2020 issue and pledge revenues from electric, water and sewer and consolidate into a single utility pledge

The astounding amount of (drum roll please) $120,385,000.00. Yes, that's millions!

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