Oviedo approves $9.5M loan to address stormwater infrastructure problems

Oviedo approves $9.5M loan to address stormwater infrastructure problems

With aging infrastructure and rising costs, it’s no wonder cities across central Florida are struggling to keep up with stormwater projects. Earlier this year, Oviedo’s finance director told the city council “there was no cash on hand for stormwater. Period.” Our News 6 team reported on a utility rate hike that was made permanent in February to help pay for future projects. But during a meeting on Monday night, the council unanimously decided th…