State Beverage News

Broward
Date Created: 02/03/25
Last updated: 02/03/25

City: Margate

Margate, FL to Consider Ordinance Funding Improvements to the Water & Wastewater System

The Commission will Consider an Ordinance - Authorizing the Issuance of, in One or More Series, a Total Principal Amount Not Exceeding $120,000,000 Water and Wastewater Improvement Revenue Bonds of the City of Margate, Florida to Finance Capital Improvements To the Water and Wastewater System of the City; Providing For Definitions, Findings, Authorization of the Issuance of The First Series of Bonds in an Amount Not to Exceed $60,000,000; Providing for the Description of Bonds, Redemption Provisions, Execution of Bonds, Negotiability, Registration And Cancellation of Bonds; Providing for the Form of Bonds; Providing for Security for the Bonds From Net Revenues of the Water and Wastewater System; Providing For the Creation of Funds and Accounts; Providing for the Application of Bond Proceeds; Providing for the Distribution of Revenues; Providing for Repeal of Ordinance No. 85-27, as Supplemented, Amended and Restated by Ordinance Nos. 92-34, 96-16, 99-29, 2004-02, 2006-06, 07-04 and 2009-06; Providing for Severability and Providing for an Effective Date

Issue History
02/03/25	The Commission will hold first reading at the 2/05/25 meeting.

Related Documents
	2/05/25 Background
	2/05/25 Meeting Agenda