City Plans Line of Credit With Regions for Utilities
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Description
The Punta Gorda City Council will consider a resolution approving a revolving line of credit agreement with Regions Commercial Equipment Finance, LLC to provide interim financing for water and sewer system capital improvements. The agreement includes issuance of a revenue note backed by designated non-ad valorem city revenues.
Contract Details
Vendor
REGIONS COMMERCIAL EQUIPMENT FINANCE LLC
Agency
City of Punta Gorda, FL
Contract Type
FINANCIAL_SERVICES
Document Date
April 22, 2026
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