40. What is your opinion? 2

City Commission Meetings · 2026-06-09 · agenda_item

A new Community Development District (CDD) is being proposed to serve an area within the City of Panama City. This district is intended to provide community development facilities, infrastructure, and services. The CDD offers a method to fund these necessary services through tax-exempt public capital markets, potentially at a lower cost than developer funding. It also has the power to assess property and collect funds for operations and maintenance, providing a more assured income stream than other options. The proposal is currently under review by the City Commission. If approved, the CDD would likely involve site clearing, grading, underground utility work, road and driveway paving, and final landscaping to support future land development. Local contractors, trades, suppliers, and service providers are encouraged to learn more about this planned district, as early engagement before final plans and permits are established could offer a competitive advantage.