AMENDMENT

Rules Committee · 2026-06-15 · agenda_item

The City of Jacksonville's Rules Committee is considering an amendment to attach a revised project list to include additional projects previously funded by the FY 2025 commercial paper issuance. This action authorizes the issuance of the City's Special Revenue and Refunding bonds. These bonds will fund actual expenditures for previously approved Capital Improvement Program projects and may refund outstanding Special Revenue bonds if market conditions are favorable. The committee is also considering waiving a specific procedure to allow bonds to be sold on a limited competitive, negotiated, or private placement basis, rather than a public sale. This item is currently pending review. The project would involve financial planning, bond issuance, and potentially construction funding for capital improvements. Contractors, suppliers, and service providers could benefit by engaging early to understand the scope of funded projects and the bond sale process. This early engagement can provide an advantage before specific bids and permits are finalized.