Capital Financing Conduit Borrower

The contract involves the City of Greeley in Weld County, Colorado, undertaking a significant financing project through a conduit bond issuance estimated at approximately $700 million in tax-exempt bonds. The purpose of this financing is to support the development of multiple recreational and hospitality assets, including an arena, ice center, and waterpark hotel. The City will serve as the conduit borrower, facilitating the issuance of bonds that will fund these developments, which are expected to benefit the local community and stimulate economic growth. The solicitation was posted on January 6, 2025, with a response deadline of January 30, 2025, and the project size ranges from $1 million to $5 million, indicating potential scope for multiple or phased transactions. The procurement process is managed by the City of Greeley's purchasing department, with primary contact being Jen Curci. Interested parties can find additional details and submit responses through the designated online portal. This initiative reflects the City’s strategic approach to financing large-scale infrastructure projects through tax-exempt conduit bonds, leveraging municipal financing tools to support community development and economic revitalization efforts in Greeley.