The City of Lakeland, Florida, incorporated in 1885 and located between Tampa and Orlando, serves as a vibrant residential and economic hub. The City focuses on enhancing quality of life through governance, public services, economic development, and community engagement.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| LKLGEN 6.03% 2040-10-01 USDCity of Lakeland Florida | United States | 2040-10-01 | 6.029 | 5.98 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Lakeland has a history of bond issuances dating back to the early 1900s, with a notable issuance in 2003 for $45 million to fund infrastructure improvements. The City recently issued bonds with yields at approximately 2.75%, competitive within the municipal bond market. Special features of these bonds include tax-exempt status for investors, aimed at financing essential city projects like public safety and transportation.