REQUEST FOR QUALIFICATIONS
for
DISCLOSURE COUNSEL
CITY OF CASPER, WYOMING
June 17, 2026
Overview
The City of Casper, Wyoming (the “City”) is seeking qualifications and fee quotes from prospective
law firms to provide disclosure counsel services regarding the anticipated issuance of Certificates
of Participation, Series 2026 (the “2026 COPs”). Proceeds of the 2026 COPs will be used to finance
a project fund of approximately $15 million to finance the renovation of an office building
previously purchased by the City to serve as the City’s new Police Headquarters. The City has
purchased the facility and completed prior phases of construction with available City cash and
expects to finance the last portion of project costs to fund the final renovation of the building.
The 2026 COPs will be paid from base rental payments to be made by the City to a Trustee pursuant
to the terms of a lease of real property. The payment of base rentals will be subject to annual
budgetary appropriation by the City.
The City reserves the right to reject all responses, to negotiate with any prospective firm, and to
terminate the proposed financing at any time. If the 2026 COPs are not delivered for any reason,
the proposing firms will have no recourse against the City, its financial advisor, or any of their
affiliates, agents or representatives for any expenses, losses, damages, or liability incurred.
Anticipated Legal Structure of the Transaction
The City currently anticipates using a portion of the facility as the leased property for the 2026
COPs (“2026 Leased Property”). The City has hired Hathaway & Kunz to serve as Bond Counsel
for the 2026 COPs; they will be assisting the City along with the finance team to determine the
number of floors or portion of the Police Headquarters Facility that will be serving as the final 2026
Leased Property. The 2026 Leased Property will be leased by the City to the Trustee pursuant to a
Site Lease. The City will lease the Leased Property back from the Trustee under the terms of an
annually renewable Lease Purchase Agreement. Subject to annual appropriation, the City will make
annual Base Rental Payments to the Trustee under the terms of the Lease Agreement. The Trustee
will repay the 2026 COPs from the Base Rentals received from the City under the Lease Agreement.
The Site Lease will terminate upon the earlier of the full payment of the Lease Agreement, or upon
its expiration.
The Trustee will be acting solely in its capacity as trustee under an Indenture of Trust pursuant to
which the 2026 COPs will be executed and delivered. The Underwriter will purchase the 2026
COPs from the Trustee, and the Trustee will use the proceeds to prepay all rentals due to the City
under the Site Lease. The City will apply the funds received as prepaid rentals from the Trustee to
the eligible Project.
Neither the 2026 COPs nor the Lease Agreement will be a long-term debt or multiple fiscal year
obligation of the City for State law purposes. The Lease Agreement is renewable from fiscal year
to fiscal year by the act of appropriation of the rentals due under the Lease Agreement. The City’s
obligation to make payments under the Lease Agreement will not extend beyond any fiscal year
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for which an appropriation has been made. Annually appropriated lease payments may be paid from
any available revenues of the City.
The Preliminary and Final Official Statement will be drafted by the law firm selected as a result of
this request for qualifications.
City of Casper, Wyoming
Casper is physically situated in the center of Wyoming with a population of 59,038. Wyoming’s
only other metropolitan area is Cheyenne, the state capital. Cheyenne is slightly larger than Casper
with a population of 65,132.
Heading south on Interstate 25 Casper is connected to Cheyenne and Denver (175 miles and 275
miles, respectively). Heading north on I-25 connects Casper to Billings (278 miles). Casper also
has direct air service to Denver via the Casper-Natrona County International Airport.
Casper is located in a prairie environment at the base of Casper Mountain. The North Platte River
runs through the entirety of the city. Three smaller towns – Mills, Evansville, and Bar Nunn – are
immediately adjacent to the City; those towns have a combined population of just over 10,000
people.
Additional information about the City may be found on the City’s website at: Casper, WY.
Additional Information
Hilltop Securities Inc. is serving as the City’s Municipal Advisor. Piper Sandler is serving as the
City’s Underwriter. Hathaway & Kunz is serving as the City’s Bond Counsel.
Submission of Proposals
Please limit your overall response to the items listed below to a maximum of 5 pages excluding a
cover letter. The City encourages each respondent to provide full and complete information to the
extent that it may directly apply to the proposed transaction, but encourages each respondent avoid
the use of repetitious or boilerplate language. Please submit your proposal via e-mail no later
than 2:00 pm MT on July 6th, 2026 to:
Jill Johnson
City of Casper
Mattie Prodanovic Hilltop Securities Inc.
jjohnson@casperwy.gov
Mattie.Prodanovic@hilltopsecurities.com
Tentative Schedule of Events
June 17, 2026
July 6, 2026
July 8, 2026
October 20, 2026
October 29, 2026
Distribution of Request for Qualifications
Proposals delivered to the City
Firm Selected
Projected sale of COPs
Projected closing of COPs
Any information requests, questions about the selection process or questions about the financing
should e-mailed to the City’s Municipal Advisor (contact information provided above).
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REQUIRED RESPONSE ITEMS – 5 Pages Maximum
Please provide responses to these items in the general sequence presented. Responses may be
combined to economize on space or to improve clarity. The City discourages the use of boilerplate
language and exhibits and encourages each proposing firm to prioritize its responses within the
stated page limitation according to its sense of the relative importance of the information.
1. Please provide a brief overview of your firm and its experience providing disclosure
counsel services to local governments for the issuance of certificates of participation or
lease purchase agreements. Please include at least two comparable transactions for that you
have worked on that are similar in scope to the proposed 2026 COPs.
2. Please identify the public finance personnel assigned to this transaction and provide brief
descriptions of their relevant experience.
3. Discuss your understanding of Wyoming law as it relates to the 2026 COPs.
4. Please provide your proposed fee structure for the 2026 COPs, including any reimbursable
costs you would submit to the City for payment.
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This is the opportunity summary page. It provides an overview of this opportunity and a preview of the attached documentation.