$22,000,000 Capital Improvement Revenue Bonds, Series 2025 (Taxable)
| Location: | Florida |
|---|---|
| Posted: | Apr 14, 2025 |
| Due: | Apr 28, 2025 |
| Agency: | City of Kissimmee |
| Type of Government: | State & Local |
| Category: |
|
| Solicitation No: | RFQ2025-002 |
| Publication URL: | To access bid details, please log in. |
Main
Agency
City of Kissimmee
City of Kissimmee
Status
Active
Active
Fiscal Year
2025
2025
Type
Request for Quotation
Request for Quotation
Department
Purchasing
Purchasing
Online Submissions
No
No
Project Estimate
Piggyback Solicitation
No
No
Insurance Required
No
No
Bid Bond Required
No
No
Bid Bond Amount
Performance Bond Required
No
No
Performance Bond Amount
Construction Bond Required
No
No
Construction Bond Amount
Scope of Services
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 tavia.ritchie@kissimmee.gov or the Authority’s Financial Advisor, Richard T. (Toby) Wagner, President, Southeastern Investment Securities, LLC, (407) 647-1000 e-mail: rtwagner@myflfa.net.
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 tavia.ritchie@kissimmee.gov or the Authority’s Financial Advisor, Richard T. (Toby) Wagner, President, Southeastern Investment Securities, LLC, (407) 647-1000 e-mail: rtwagner@myflfa.net.
Dates(All times are listed as
EST
)
Broadcast Date
4/13/2025 8:00 AM EST
4/13/2025 8:00 AM EST
Question End Date
Due Date
4/28/2025 2:00 PM EST
4/28/2025 2:00 PM EST
Bid Opening Date
Pre-Bid Conferences
Total: 0
(All times are listed as
EST
)
| Date | Time | Mandatory | Location |
Documents
Commodity Codes
Total: 3
| Code | Description |
| [946-25] | Banking Services |
| [949-26] | Financial and Accounting Services, Notes and Loans |
| [963-35] | Fees, Bank |
Publications
Total: 1
| Publication | Date |
| Orland Sentinel | 4/13/2025 |
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