Orange County IDA, Fla., plans $61.82 million sale of revenue bonds

By Sheri Kasprzak

New York, June 9 – The Orange County Industrial Development Authority of Florida is expected to price $61,815,000 of series 2014 industrial development revenue bonds for VitAG Florida LLC, according to a preliminary official statement.

The bonds will be sold through Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC.

The bonds are due in 2024 and 2036.

Proceeds will be used to acquire, construct and equip a solid waste disposal facility, including a biosolids-to-fertilizer facility in Zellwood, Fla. VitAG Florida LLC is a limited liability company formed for the construction of the facilities.

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