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FINANCIAL_SERVICESPENDING

City of Punta Gorda City Council Pre-Agenda Meeting Minutes 2026-04-20

City Considers Line of Credit with Regions Finance

City of Punta GordaREGIONS COMMERCIAL EQUIPMENT FINANCE LLCApril 20, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The City of Punta Gorda reviewed a resolution to approve a revolving line of credit agreement with Regions Commercial Equipment Finance, LLC for interim financing of water and sewer capital improvements. The line of credit will be repaid from pledged non-ad valorem revenues through issuance of a corresponding revenue note.

Contract Details

Vendor

REGIONS COMMERCIAL EQUIPMENT FINANCE LLC

Agency

City of Punta Gorda, FL

Contract Type

FINANCIAL_SERVICES

Document Date

April 20, 2026

Renewal Info

Initial revolving line of credit agreement and revenue note; renewal or extension terms are not detailed in the minutes.

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