Bonds go on sale
for capital improvements
Construction of much-needed government facilities in
the County seat are edging closer to a reality when $87.5
million in capital-improvement bonds went on sale April
12 and recently sold out.
Backed by sales tax, these bonds will support
the construction of a Judicial Center
expansion, a two-story office building
for the Tax Collector and Property
Appraiser, a downtown Tavares
parking garage and improvements
to the County jail.
Lake County officials met with
bond-rating companies during
the third week of March.
The County received favorable bond ratings from the
companies of Moody’s (A1), Fitch (A+) and Standard &
Poor’s (A).
“Lake County’s track record of solid management
has resulted in favorable bond ratings,” said County
Manager Cindy Hall. “This translates to better
value for our customers, the residents of
Lake County.”
An additional $36 million in
general obligation bonds for the
2004 voter-approved public lands
referendum was also recently
sold. Closings on these two bonds
are expected in May.

The Public Defender’s Office, currently located on the
fourth floor of the Lake County Judicial Center, is relocating
to 123 N. Sinclair Ave. during the first weekend of May.
The office will be open for business on Monday, May 7,
at its new location. Following the office’s move, interior
renovations will start on the fourth floor of the Judicial
Center to accommodate the court administration offices
and for additional judges and hearing rooms.
Previous Editions of the Building Bulletin:
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