28. In general, what financing methods does the Petitioner propose that the proposed 5

City Commission Meetings · 2026-06-09 · agenda_item

A proposed special district is under review by the City Commission Meetings of the City of Panama City, Bay. The Petitioner expects this District to finance services and improvements through tax-exempt bonds and landowner special assessments. Ongoing maintenance will be funded by maintenance special assessments. The District may issue both long- and short-term bonds for facilities. Any facilities not financed by bonds will be funded by the developer using conventional bank financing. This early stage in the review process presents an opportunity for contractors, suppliers, and service providers. As plans develop, work could involve site preparation, utility installation, construction, and landscaping. Reaching out now allows businesses to engage before final site plans, bids, and permits are established.