By Chris Wack
Pasco County, Fla., plans to sell $92.5 million of solid waste disposal and resource recovery system revenue bonds to provide funds to finance and/or reimburse all or a portion of the purchase and/or construction of equipment, additions, extensions and improvements to its solid waste disposal and resource recovery system.
The county also plans to use the money from the sale to capitalize interest associated with the bonds, and pay the costs of issuance of the bonds, according to documents posted on MuniOS.
The bonds are being issued in two tranches, Series 2026 A and 2026 B bonds. It is expected that settlement for the bonds will occur on or about Feb. 19.
Interest on the bonds is payable semiannually on each April 1 and Oct. 1.
The bonds mature starting on Oct. 1, 2027, through 2056. Rates and yields have not yet been determined.
The bonds will be special obligations of the county.
The county said plans for the proceeds are for its 2026 Project, which includes a 475 ton per day municipal waste combustion unit, boiler, and cooling tower. The county said the 2026 Project is 50% complete, and the current expected placed-in-service date is projected to be in the second quarter of 2027.
Pasco County is a 745-square mile area located on the west coast of Florida, about 25 miles north of Tampa. It has a population of about 610,000.
S&P Global has rated the bonds AA+.
BofA Securities is listed as senior managers for the sale.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
January 21, 2026 10:52 ET (15:52 GMT)
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