Manatee County Secures $140 Million Credit Line to Boost Infrastructure Projects
Today marks a milestone for Manatee County as local officials announce the finalization of a $140 million line of credit with Wells Fargo, aimed at propelling critical infrastructure projects across the region. This funding is set to drive significant improvements that will not only enhance daily commutes but also contribute to the long-term connectivity and safety of Manatee County communities.
Among the key projects receiving an infusion of capital are the 44th Avenue Extension to Lakewood Ranch and the Upper Manatee River Road Expansion. These road developments are anticipated to alleviate traffic congestion, reduce travel times, and provide safer, more direct routes for residents and visitors. The 44th Avenue Extension, which stretches eastward into Lakewood Ranch, will offer smoother access across the county and bolster economic growth by connecting vital areas more efficiently. Meanwhile, the Upper Manatee River Road Expansion will enhance safety and improve accessibility in the region’s northern areas, addressing long-standing needs for better infrastructure.
This funding initiative aligns with Manatee County's commitment to fostering a strong, resilient infrastructure to accommodate growth, support local businesses, and improve the quality of life for residents. Each of these projects, now backed by the Wells Fargo line of credit, underscores the county’s forward-looking vision for a safer, more accessible community.
As construction progresses, Manatee County residents can look forward to enhanced transportation networks and increased connectivity, paving the way for a brighter future.
Image: Sheila McLean, Chief Financial Officer; Commissioner Mike Rahn (District 4 & Chair); and Charlie Bishop, County Administrator