11. County Manager's Report

Board of County Commissioners Meeting · 2026-04-14 · agenda_item

The Collier County Water-Sewer District is planning to increase its borrowing amount under the Florida Local Government Finance Commission’s Pooled Commercial Paper Loan Program. The proposed maximum borrowing amount is $300,000,000. This loan will be secured by the net revenues of the water and sewer utility system. The Board of County Commissioners will consider approving a resolution to repeal and replace a previous resolution, authorize the borrowing, and approve necessary budget amendments. This item is currently under review, with a recommendation for approval. This project would involve securing financing for future water and sewer system improvements. Potential work could include planning, engineering, and construction phases for system upgrades, though specific projects are not detailed at this stage. Contractors, suppliers, and service providers in the utility and construction sectors should reach out early to understand the district's future needs and potential opportunities as the financing is finalized.

borrowing amount

300,000,000 $

resolution number

2025-219

agenda item number

2026-733