City News Blog

rss

The latest happenings in your city government.


Traffic Operations will be closing E Orange St between Bartow Rd and Ingraham Av for approximately 5 hours starting at 8 AM on 8/22 for the installation of a new concrete signal pole. No Eastbound traffic will be allowed past Ingraham Av.

Traffic Operations will be closing E Orange St. from Bartow Rd. to Ingraham Ave. for approximately two (2) days beginning 8/27 for traffic signal work at this intersection starting at 8AM. The traffic signal will be off and a temporary stop sign will be in place for EB Orange St and no traffic will be allowed past Ingraham Av until the signal work is completed. A Detour route will be in place.

Any questions about this closure please contact Don Nix at 863.834.3492.



FOR IMMEDIATE RELEASE


CONTACT:

 Mike Matlick
President
Lakeland Citizens Police Academy Alumni Association
863.409-4465


Dinner and Silent Auction to Honor Heroes

 Proceeds Raised will benefit the Lakeland Police K-9 Unit and

 the LCPAAA Scholarship Fund

LAKELAND, FL (August 14, 2012) – The Lakeland Citizens Police Academy Alumni Association (LCPAAA) in conjunction with the City of Lakeland Parks & Recreation Department is hosting the “4rth Annual Honoring Heroes BBQ Dinner and Silent Auction” at the Lake Mirror Complex on Saturday, September 8, 2012. The event, which is open to the public, will begin at 6:00 pm with the auction closing at 8:00 pm.  Tickets for the event are $10.00 in advance and $15.00 at the door. Tickets can be purchased at the front desk of City Hall or by calling(863)409-4465.

While at the event, guests will enjoy a delicious barbecue dinner and have fun bidding on their favorite items in the silent auction. On the auction table will be something for everyone’s budget with items ranging from gift cards to local restaurants to vacation getaways. There will be opportunities to meet the K9 officers and their loyal partners. A photo booth will be available where guests can have their photo taken with a K9 and take home a free souvenir photo.

Donations Needed

Donation items are being sought for the silent auction. Those who would like to make a donation will have their name displayed at the silent auction as a donor and posted on the LCPAAA website. Once the auction has ended, donors will be notified by mail how much their item sold for so that information can be used for tax purposes. Limited table sponsorships are also available. 100% of the net proceeds will be donated to the Lakeland Police Department's K-9 unit and the LCPAAA scholarship fund.

LCPAAA is a volunteer 501(c)(3) non-profit organization which focuses on creating a better understanding and cooperation between local law enforcement and the community. If you have any questions or want to find out more about LCPAAA, call (863)409-4465 or visit us online at www.lcpaaahome.org

-END-



    Lakeland City Commissioner Justin Troller was recently appointed as a member of the Selective Service System Local Board in the State of Florida.  Troller will serve as a Selective Service Local Board member for 20 years and as part of his commitment, he will participate in a one-year comprehensive training program.

    Troller said, “It is a great honor to serve my country in this capacity.  Even though the United States does not have an active draft, the Selective Service plays an important role in administering benefits and programs.”  He added, “I recently completed my initial board member training session that allowed me to participate in activities that the board would be required to perform if a draft is activated in the future.”

    Troller was nominated by Governor Rick Scott and was appointed by President Obama to serve on the Selective Service Local Board.  The Selective Service System is an independent federal agency within the Executive Branch of the Federal government of the United States. The Director of the Selective Service System reports directly to the President of the United States of America.

    The agency maintains a National Headquarters, three Regional Headquarters and a Data Management Center.  Even during peacetime, the agency is aided by 11,000 volunteers serving on local boards and district appeal boards. Local board members act as the initial classifying authority and consider administrative denials for those wanting to be exempt from the registration process.

    The Selective Service maintains information on those potentially subject to military service.   Most male citizens and male immigrant non-citizens between the ages of 18 and 25 are required by law to have registered within 30 days of their 18th birthdays. Registration for Selective Service is also required for various federal programs and benefits, including student loans, job training, federal employment and naturalization.


The City of Lakeland is very pleased to announce that two independent rating agencies, knowledgeable in utility business both affirmed or upgraded Lakeland Electric’s bond rating.  Fitch Ratings reaffirmed Lakeland Electric’s rating to AA- while Standard & Poor’s Rating Services upgraded their rating to AA.  Bond ratings are very important to prospective investors who purchase long-term bonds issued by utility companies. Utility companies typically have very large capital expenditures such as multi-million dollar power plants and utility bonds are used to finance many larger capital projects.

City Manager Doug Thomas said, “These rating agencies reflect an in-depth review of our financial condition including our extremely competitive base rates, customer demographic characteristics, base load generation diversity, fuel adjustment practices, utility debt and coverage levels, financial strength, short and long term capital planning, utility management expertise and municipal governance structure.” He added, “An administrative team recently travelled to New York to meet with rating agencies to review our overall operations and we were optimistic that we would be reviewed favorably and are obviously pleased with the announcements.”

The Standard & Poor’s upgraded rating report states that the higher rating reflects the opinion of the utility's stronger financial risk profile. The improvement began with the expiration in 2007 of uneconomic power sales contracts and continued with management's policy of increasing cash reserves, modest capital investment requirements that Lakeland will fund with revenue, and a gradual reduction in debt. The rating also reflects the view of the following credit strengths:

·         Competitive rates. Lakeland Electric's base rate is among the lowest in Florida, and management's financial forecast shows continuing strong financial metrics without the benefit of base rate increases through 2016.

·         A sizable and diverse service area. Growth is steady but moderate. The 10 largest customers account for less than 20% of revenue, and about half the annual revenue comes from residential customers.

·         A dependable low-cost power supply. In addition to gas- and coal-fired base load units, Lakeland Electric shares a power pool with Florida Municipal Power Agency (FMPA) and the Orlando Utility Commission (OUC), which provides access to relatively low-cost power to supply peak demand.

Greg Finch, Finance Director for the City of Lakeland said, “Standard and Poor’s AA rating definitely puts Lakeland Electric in the upper tier of municipal power bond issuers, and better than the vast majority of IOU energy companies.  By comparison, TECO and Progress Energy are rated BBB+ and FPL is rated A-.  The AA credit rating in the highest it’s been since 1978.” 

Lakeland Electric is a full service power provider with over 600 full-time employees that serve over 120,000 customers.  The utility is the third largest public power provider in Florida generating over 1,100-megawatts and operating 2000 miles of transmission and distribution facilities.  Lakeland Electric owns and operates one of the most efficient combined cycle gas units in the United States and has been on the forefront of emerging renewable energy sources.  Based on current Florida Municipal Electric Association data, Lakeland Electric’s residential rates are the second lowest in the state for residential customers as well as the second lowest in Florida for all of the commercial rate classes.