39. Approve Budget Amendment Resolution for Water and Sewer Line of Credit

Lee Board of County Commissioners · 2026-05-05 · agenda_item

The Lee Board of County Commissioners is considering a budget amendment to establish accounts for a $150,000,000 line of credit. This credit line, scheduled to close on May 7, 2026, will fund water and sewer utility capital improvement projects over two years. The item is currently under review, with a decision expected on May 5, 2026. This planned funding will likely involve significant infrastructure work, including the installation and upgrade of water and sewer lines, which could lead to opportunities for site preparation, grading, utility contractors, and suppliers. Early engagement with the county or relevant departments could provide insight into specific project timelines and requirements. Businesses involved in utility construction, engineering, and material supply may find opportunities as these capital improvement projects are planned and implemented.

line of credit amount

150,000,000 $

current year dollar amount

150,000,000 $