The City of Eustis announced it postponed the bond referendum to fund the proposed Community, Conference, and Sailing Center and the Carver Park Expansion Projects. The referendum was slated for the November 2020 ballot.
At the April 2 Eustis City Commission meeting, the commissioners delayed the ballot initiative until further discussions on both projects resumed in 2021.
Citing concerns about making large general fund capital commitments during this volatile time, the Commission felt the postponement was appropriate. The greatest issue is the possibility of falling revenues coupled with potential increases in operating costs, especially pension obligations due to steep drops in the stock market.
The delay also provides additional time for the City to engage the public with appropriate advertising, education, and outreach. The City stated it remains committed to both projects and the opportunity to continue to seek public opinion.
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