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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A new wine bar and bottle shop specializing in Old World wines is getting ready to open in South Pasadena.
Owners Michael De Salvia and Peter Celli are opening Dolcetto & Co. - Wine Merchant and Wine Bar at 6800 Gulfport Boulevard South, Suite 113, within a large shopping plaza that's also home to Walmart, CVS, Anytime Fitness, and Ace Hardware.
Dolcetto & Co. is expected to open this fall following renovations to the 2,100-square-foot space, which was formerly occupied by Books at Park Place.
The space will be divided roughly in half, with a four-foot barrier separating the retail bottle shop from the wine bar.
De Salvia says Dolcetto & Co. will specialize in traditional Old World wines from France, Italy, and Spain, with selections ranging from moderately priced bottles to premium offerings.