BRADENTON, Fla. - The South Florida Water Management District expects to issue $1.7 billion of certificates of participation in a single sale before November to buy a key piece of land to help restore the Florida Everglades.

The district is refocusing its efforts from a previous environmental land acquisition program called Acceler8 in order to buy U.S. Sugar Corp.'s sugar- and citrus-producing farmlands - a buyout that shocked many in the sugar industry when it was announced on Tuesday by state officials.

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