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City approves up to $75 million in general obligation bonds for parks
Summary
The Fort Myers City Council approved Resolution 2024-143 authorizing up to $75 million in general obligation bonds to finance land acquisition, construction and renovations for parks and recreational facilities.
Council moved Resolution 2024‑143 up the agenda and City Attorney Alley read the title, stating the resolution would authorize ‘‘not to exceed $75,000,000 in aggregate principal amount of City of Fort Myers general obligation bond series 2025’’ to fund park land acquisition and facility construction and renovation.
Council did not request a staff presentation and opened the item to public comment; no substantive opposition was offered. A motion to approve the resolution carried. Mayor Kevin B. Anderson thanked several local organizations and invited representatives from the Greater Fort Myers Chamber of Commerce and local realtor associations to the front, noting their advocacy helped secure passage. Robert Goltz (Chamber president and CEO) and Jay Johnson (Chamber board chair) attended and were recognized.
The mayor framed the measure as a long‑term investment in parks and recreation; he handed the organizations symbolic sunglasses and called the initiative ‘‘one of the most ambitious initiatives I think we’ve taken as a city in a long time.’’ The resolution instructs staff to issue the bonds and levy taxes as necessary to repay bondholders.
