Florida's 'Big Four' Pick Bankers for Water Deal, Though Price Tag Is Still Unclear

Sigo, Shelly
June 2003
Bond Buyer;6/9/2003, Vol. 344 Issue 31652, p48
Trade Publication
Several Florida communities have selected the bond professionals they will use to sell tax-exempt revenue bonds as part of a plan to purchase the water and sewer utilities owned by Florida Water Services Corp. Hernando County and the cities of Marco Island, Palm Coast, and Deltona have become known as the “Big Four” because they represent 65 percent of Florida Water's customers. Florida Governmental Utilities Authority, Hernando County, Marco Island and Palm Coast have decided to use the same bankers, although each will issue bonds separately.


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