Voters in Winter Park, Fla., Approve $50M of Bonds to Buy Electrical Utility

Sigo, Shelly
September 2003
Bond Buyer;9/11/2003, Vol. 345 Issue 31717, p6
Trade Publication
Reports on the authorization of the issuance of multi-million dollars worth of revenue bonds by voters in Winter Park, Florida for buying and upgrading local assets of North Carolina-based Progress Energy Corp. (PE). Role of PE in providing electricity to the city; Reason for Winter Park's tussle with PE; Gross revenue that could be earned by the city given the gross rate structure of PE.


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