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Lee County approves $150 million interim line of credit for water‑reclamation projects amid public objections
Summary
The Lee County Board of County Commissioners voted to combine administrative items 39–41 to authorize a $150 million interim line of credit for advanced water‑reclamation projects in Southeast County and Fort Myers Beach; a resident urged the board to pause, citing a legal challenge to one project and concerns about mid‑year financing and public input.
The Lee County Board of County Commissioners on Tuesday approved a motion combining administrative items 39–41 to effectuate a $150 million line of credit intended to provide interim cash flow for advanced water‑reclamation projects, including work in Southeast County and Fort Myers Beach. Commissioners said the interim financing will be replaced later this year with permanent bonds.
Why it matters: The line of credit is a large, mid‑year financing measure that county staff described as a cash‑flow tool for two major reclamation projects. A member of the public said one project is under legal challenge…
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