City of Gulf Breeze Agenda Packet 2026-05-18
City Approves TEFRA Resolution for Selby Gardens Bonds
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Description
The City of Gulf Breeze adopted Resolution No. 10-2026 granting TEFRA approval for a plan of finance for The Marie Selby Botanical Gardens, Inc., authorizing issuance of up to $50 million in Capital Trust Authority Revenue Bonds. This action facilitates project financing without creating a City repayment obligation.
Contract Details
Contract Amount
Not to exceed $50,000,000 (bond issuance)
Vendor
MARIE SELBY BOTANICAL GARDENS INC
Agency
City of Gulf Breeze, FL
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
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