35. What is the basis for your opinion? 26

City Commission Meetings · 2026-06-09 · agenda_item

This item concerns the potential establishment of a Community Development District (CDD) within the City of Panama City. The proposed CDD is intended to provide infrastructure services and facilities in a fiscally responsible manner to areas that can accommodate development. It aims to finance new public facilities, allocate costs based on benefits to future residents, and use stable revenue sources. The district would be professionally managed and financed, ensuring that general taxpayers are not burdened by costs for services or facilities within its boundaries. This item is currently under review, as it is being discussed in relation to the State Comprehensive Plan. If established, the CDD could lead to future work in site preparation, utility installation, road construction, and general infrastructure development. Local contractors, suppliers, and service providers are encouraged to monitor this review process, as early awareness can provide an advantage in understanding potential future project needs before formal plans and bids are released.