{"id":32184,"date":"2023-05-13T12:49:08","date_gmt":"2023-05-13T16:49:08","guid":{"rendered":"https:\/\/lakelandgazette.info\/news\/?p=32184"},"modified":"2023-05-13T12:49:11","modified_gmt":"2023-05-13T16:49:11","slug":"70-million-bond-for-lakeland-electric-to-be-voted-on-by-city-commissioners","status":"publish","type":"post","link":"https:\/\/lakelandgazette.info\/news\/2023\/05\/13\/70-million-bond-for-lakeland-electric-to-be-voted-on-by-city-commissioners\/","title":{"rendered":"$70 Million Bond for Lakeland Electric to be voted on by City Commissioners"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Lakeland City Commission on Monday will vote on whether to issue a $70 million bond to help cover the costs of repairing a damaged Lakeland Electric power plant unit, along with all necessary upgrades to the entire electric system.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" src=\"https:\/\/lakelandgazette.info\/news\/wp-content\/uploads\/2023\/05\/lakeland-electric-logo.png\" alt=\"\" class=\"wp-image-32185\" width=\"334\" height=\"278\"\/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">In mid-April, City Manager Shawn Sherrouse sent city commissioners an email and memo, saying he needed to authorize an \u201cemergency purchase in excess of $21 million\u201d for major repairs to Lakeland Electric\u2019s McIntosh Power Plant Unit 5.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The natural gas-powered unit, which produced 64% of the utility\u2019s electricity last year, lurched to a halt on Feb. 23 and has been out of commission ever since. But it wasn\u2019t until March 31 that the full extent of the damage became clear. The price tag to fix it was locked in at $21 million.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The new bond will help cover those costs, as well as the costs of building a new power plant.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Lakeland City Commission on Monday will vote on whether to issue a $70 million bond to help cover the costs of repairing a damaged Lakeland Electric power plant unit,&hellip; <\/p>\n","protected":false},"author":2,"featured_media":32185,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"wpai_generated_summary":"","footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"dois","default_image_id":71799,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[12,14],"tags":[5029],"class_list":["post-32184","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local","category-news","tag-70-million-bond-for-lakeland-electric-to-be-voted-on-by-city-commissioners"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts\/32184","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/comments?post=32184"}],"version-history":[{"count":0,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts\/32184\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/media\/32185"}],"wp:attachment":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/media?parent=32184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/categories?post=32184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/tags?post=32184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}