St. Pete eyes $600 million resiliency bond to tackle flooding and harden city infrastructure
/Heavy rainfall and storm surge have exposed serious vulnerabilities in St. Pete's aging infrastructure over the years, and the city is now asking whether a $600 million bond is the right tool to fix it faster.
Last Thursday, the City's Budget, Finance, and Taxation Committee discussed placing a General Obligation (GO) bond referendum on the November 2026 ballot.
The proceeds would fund a portion of projects under the St. Pete Agile Resilience (SPAR) program, a city-led initiative to accelerate flood protection, stormwater improvements, and utility system hardening before the next major storm arrives.
The $2.7 billion SPAR program, which will be set up regardless of a potential November referendum, will be funded through utility fees.
Without the bond, that work gets spread over 24 years through fiscal year 2050 as utility revenue accumulates.
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The Manhattan Casino, the historic 22nd Street South venue that once hosted performers including James Brown, Louis Armstrong, Duke Ellington, Count Basie, and Ray Charles, will reopen September 19 following a $4.8 million renovation.
The City of St. Petersburg will operate the two-story building at 642 22nd Street South as an event venue, with a ribbon-cutting and open house planned for 10 a.m. that day.
The reopening returns a major gathering place to The Deuces, the historically Black commercial and cultural district along 22nd Street South. The venue will be available for weddings, corporate events, conferences, family gatherings and live performances.
The renovations include new flooring and air conditioning, along with a new lobby, conference room, green room, catering kitchen, and stage for live bands.
The first floor will house the 2,232-square-foot Legacy Room and an entry foyer with a bar, while the second floor will feature the 4,152-square-foot Jordan Ballroom, named for Elder Jordan Sr.