Legislation Details

File #: 26-0906    Version: 1 Name:
Type: Resolution Status: Passed
File created: 7/14/2026 In control: County Administrator
On agenda: 8/4/2026 Final action: 8/4/2026
Title: Approval and execution of Resolution 2026-B-06 of the Orange County Board of County Commissioners regarding authorization for Water and Wastewater Utility Revenue Bonds, Series 2026. (Fiscal and Business Services Office)
Attachments: 1. 2026 Water Utilities Revenue Bonds Overview, 2. Supplemental Resolution with exhibits, 3. Resolution 2026-B-06

Interoffice Memorandum

 

DATE: July 14, 2026

 

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 2026-B-06 of the Orange County Board of County Commissioners regarding authorization for Water and Wastewater Utility Revenue Bonds, Series 2026. (Fiscal and Business Services Office)

body


PROJECT:
N/A

 

PURPOSE: On July 30, 2024, and January 13, 2026, 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 2026 Bonds are needed to secure long-term financing. The proposed resolution will authorize up to $260 million in bonds to reimburse the County for expenses related to completed projects (approximately $71.1 million) and to finance other budgeted projects on the 2026 Bonds Project List. Additional information regarding the transaction is included.

 

BUDGET: N/A