40. Approve Bank Selection 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 approving a $150,000,000 Line of Credit to fund future water and sewer capital improvement projects. This funding is planned to cover projects over a two-year period, with a potential for future refinancing. The approval process is currently under review. This initiative will likely involve site preparation, underground utility work, and potentially road and paving work as specific projects are identified and drawn from the line of credit. Contractors, suppliers, and service providers in the utility and construction sectors should monitor this process. Engaging early before specific projects are defined could offer an advantage in securing future work.
- Line of Credit Amount
- 150,000,000 $
- Line of Credit Duration
- 2 year
Industries that could win this work
- Utilities (Sub)
- Site Prep, Grading & Hardscape
- Concrete & Masonry
- Electrical
- Plumbing
- Construction (Other)
- Building & Industrial Supply
- Engineering & Architecture
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