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Venice weighs bonding paths for utility expansion project
Venice city officials consider three main bond options for sewer and water upgrades after a report by Hough & Co. One uses net revenues alone, second adds an ad valorem tax after a referendum, and third uses insured bonds. Insured bonds cost more but offer benefits. uninsured options risk delaying sale until after the December election.
MENTIONED IN THIS ARTICLE
Venice
Venice City
H.R. Hough & Co
Worth Blackwell
Hough & Co
Blackwell
MBIA
Council
Bill Kern
Ad Valorem
Kern
Frank Proctor
Eugene Atz