AMENDMENT

Finance Committee · 2026-06-16 · agenda_item

The City of Jacksonville Finance Committee is considering an amendment to attach a revised project list to include additional projects previously funded by a commercial paper issuance. This action would authorize the issuance of the City’s Special Revenue and Refunding bonds. These bonds would fund actual expenditures for previously approved Capital Improvement Program projects and potentially refund outstanding Special Revenue bonds if market conditions are favorable. The process for selling these bonds is being waived to allow for a limited competitive, negotiated, or private placement sale to institutional investors, rather than a public sale. This item is currently pending review. The work would involve funding for various capital improvement projects, which could include site preparation, utility work, construction, and finishing trades, depending on the nature of the projects funded. Contractors, suppliers, and service providers in construction, engineering, and finance could find opportunities by engaging early, before specific project details, bids, and permits are finalized.