City Council – Regular Meeting — Ordinance 24-26 (2026-04-15)
Cape Coral, Lee County, Florida
AI Summary
The City of Cape Coral authorized the issuance of up to $103. 5 million in Utility Improvement Assessment Bonds (North 1 East Area), Series 2026 to finance and refinance potable water, wastewater, and irrigation utility improvements in the North 1 East Area. The bonds are secured by special assessments on property owners in the improvement areas, with the city's water and sewer system net revenues available as backup payment if assessments prove insufficient...
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