BRADENTON, Fla. — The first-ever statewide PACE program, which already has $2 billion of validated bonding capacity from a Florida court, is on an aggressive track toward implementation with the selection of nationally recognized financial advisors.

The Florida PACE Funding Agency’s three-member oversight board last week selected Public Financial Management Inc., First Southwest Co. and Southeastern Investment Securities LLC as its team of co-advisors. The agency is an independent unit of local government authorized to operate across the state. Its founding sponsors are Flagler County and the city of Kissimmee.

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