The Clerk of the Board is responsible for keeping accurate minutes and maintaining Board records for each Board of County Commissioner (BCC) and Value Adjustment Board (VAB) meeting. In addition, every 4 years, the Clerk of the Board office provides staff support to the Charter Review Commission (CRC) appointed by the BCC. Please contact our office if you need an accessible version of documents on this page, and one will be provided.
Selection options are described below:
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File #:
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25-573
Version:
1
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Name:
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Type:
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Resolution
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Status:
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Consent Agenda
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On agenda:
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4/22/2025
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Final action:
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Title:
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Approval and execution of Resolution of the Orange County Board of County Commissioners regarding authorization for Water and Wastewater Utility Revenue Bonds, Series 2025. (Fiscal and Business Services Office)
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Interoffice Memorandum
DATE: April 2, 2025
TO: Mayor Jerry L. Demings and County Commissioners
THROUGH: N/A
FROM: Stephanie Taub, Manager
CONTACT: Stephanie Taub
PHONE: 407-836-5915
DIVISION: Fiscal and Business Services Office
ACTION REQUESTED:
title
Approval and execution of Resolution of the Orange County Board of County Commissioners regarding authorization for Water and Wastewater Utility Revenue Bonds, Series 2025. (Fiscal and Business Services Office)
body
PROJECT: N/A
PURPOSE: On June 20, 2023, and July 30, 2024, the Board approved reimbursement resolutions to allow funding of Orange County Utilities (OCU) projects with proceeds from future tax-exempt financing. OCU has used system revenues to fund projects during construction and/or acquisition phase, but now the 2025 Bonds are needed to secure long-term financing. The proposed resolution will authorize up to $150 million in bonds to reimburse the County for expenses related to completed projects (approximately $81.6 million) and to finance other budgeted projects on the 2025 Bonds Project list. Additional information regarding the transaction is included.
BUDGET: N/A
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