5. A N ANALYSIS OF THE IMPACT ON SMALL BUSINESSES AS DEFINED BY S. 288.703,

City Commission Meeting · 2026-05-11 · agenda_item

This item concerns an analysis of how amending the boundaries of a community development district (CDD) might affect small businesses and local governments. The analysis suggests that amending the CDD boundaries should not negatively impact small businesses. Instead, it is expected to provide enhanced opportunities for small businesses due to increased construction expenditures for infrastructure and private development. The district must follow competitive bidding rules for purchases, which could help small businesses compete for work. The analysis is currently under review by the City Commission of Leesburg. This process could lead to future construction projects, including site preparation, utility work, and building construction, as development within the district progresses. Local contractors, suppliers, and service providers are encouraged to monitor this review, as early awareness can provide an advantage before formal bidding processes begin.