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The City Commission unanimously adopted Resolution 2026-08, declaring the city’s intent to reimburse project expenses with tax-exempt debt proceeds. The commission also approved the October 24–25 Pioneer Days event in Lake Wailes Park, including designated alcohol service and vendor RVs and tents.
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The financing resolution allows Lake Wales to plan for using tax-exempt borrowing proceeds to repay eligible costs for certain projects; it does not specify a final borrowing amount in the minutes excerpt. The downtown Orange Avenue streetscape is nearing completion, with landscaping and tree installation scheduled to begin the following week and new street lighting expected within a few weeks. The city also reported that its RAISE grant response received official approval.
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