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This Solicitation opportunity from Florida was posted on April 13, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

$22,000,000* Capital Improvement Revenue Bonds, Series 2025

Closed
RFQ-RFQ2025-002-0-2025/DLState & Local

Contract Overview

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The City of Kissimmee is seeking bids for a Taxable Direct Loan up to $22 million, designated as the Series 2025 Bond, to finance capital improvements at Gateway Airport, including initial capitalized interest and issuance costs. The loan will be secured solely by Pledged Funds and aims to secure the lowest possible borrowing cost with the most favorable terms, at the City's discretion. Interested parties are encouraged to review the detailed solicitation and may contact the City Finance Director or the Financial Advisor for further information or questions. The deadline for responses is April 28, 2025, and the project underscores the City's commitment to infrastructure enhancement through a structured financing process.

General Info

Place of Performance

FL, USA

Set-Aside

NONE

Documents

0

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Timeline

PhaseClosed
Posted

Solicitation

Response Deadline

Deadline has passed

Submission Closed

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Organization & Contact Information

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AgencyFlorida → City of Kissimmee
Contacts1 person available
OfficeN/A
Organization / AgencyFlorida → City of Kissimmee
Office AddressN/A
Contacts
Tavia RitchieCity Finance Director

Full Description

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In our capacity as Financial Advisor to the City, we have been asked to solicit your interest in submitting a quote for a Taxable Direct Loan in an amount up to $22.0 million (“Loan” or “Series 2025 Bond”) as outlined herein. The City is interested in receiving the lowest borrowing cost together with the most favorable terms on the Loan in the sole discretion of the City. The Loan proceeds will be used to make capital improvements at the City owned Gateway Airport and provide capitalized interest for the first year and costs of issuance on the Loan. The Loan will be payable from and secured solely by Pledged Funds as more fully described herein (see “Security” herein. Upon your review of the enclosed, if you have questions or requests for additional information, contact Tavia Ritchie, City Finance Director,: (407) 518 - 2220, e-mail contact@example.gov or the Authority’s Financial Advisor, Richard T. (Toby) Wagner, President, Southeastern Investment Securities, LLC, +1 (555) 000-0000 e-mail: contact@example.gov.

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