11. County Manager's Report

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

The Collier County Board of County Commissioners is considering a financial action related to the Collier County Water-Sewer District. This action involves approving a resolution to repeal and replace a previous resolution. The purpose is to increase the authorized borrowing amount under a specific loan program to a maximum of $300,000,000. This loan will be secured by the net revenues of the water and sewer utility system. The board will also authorize the execution of necessary loan documents and budget amendments. This item is currently under review, with a recommendation for approval. While no direct construction is outlined, this financial approval could lead to future projects involving water and sewer system upgrades or expansions. Contractors specializing in utility work, suppliers of water and sewer infrastructure materials, and financial services firms may find opportunities as the district plans its capital improvements. Engaging early could provide an advantage before specific project details and bidding processes are finalized.

principal amount

300,000,000 $