6. General Obligation Bonds

City Commission · 2026-05-13 · agenda_item

The City of Winter Park is discussing the use of General Obligation Bonds, Series 2017 and 2020. These bonds were previously used for the construction of the Winter Park Public Library and Events Center. The city is reviewing how these bonds are secured by voted debt service millage on taxable property and how proceeds are deposited into a Sinking Fund for principal and interest payments. This item is currently under review by the City Commission. While no new construction is detailed, the ongoing management and financial aspects of these bonds relate to past public works projects. Businesses involved in financial services, legal services, and potentially construction material suppliers or trades that supported the original library and events center construction might find this review relevant for future engagement with the city.