Resolution - Approving the Series 2026 Utility System Refunding Revenue Bonds - Marcia Saulo, Director, Finance

City Council · 2026-08-03 · agenda_item

The City Council of Marco Island has approved the Series 2026 Utility System Refunding Revenue Bonds. This action allows the city to move forward with refinancing existing utility system debt. The approval means that financial services related to bond issuance and management will be needed. This includes services for underwriting, legal counsel specializing in municipal finance, and potentially financial advisory services. Businesses in these sectors can explore opportunities related to the bond issuance process. Early engagement with the city's finance department may provide insight into specific needs and timelines as the process unfolds.