Estimated Not-to-Exceed $2.7 Million Non-Ad Valorem Revenue Bond, Series 2026 OR Lease-Purchase Agreement
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ADVERTISEMENT FOR PROPOSALS Estimated Not-to-Exceed $2.7 Million Non-Ad Valorem Revenue Bond, Series 2026 OR Lease-Purchase Agreement RFP 2027-001 CITY OF LAUDERHILL, FLORIDA Sealed proposals will be received by the City of Lauderhill, Florida (the “City”) at the office of the Purchasing Department for the purpose of selecting one or more qualified financial institutions to provide financing by way of fixed rate, tax-exempt, bank loans as described below that are the subject of this Request for Proposals. The City will not accept any offer with capital adequacy, cross default, acceleration due to non-major items or other interest rate adjustment language with respect to changes to tax law including as a result of “most” favored nation” clauses. The only interest rate adjustment provision the City will consider will be limited to an agreed upon fixed taxable rate in the event the applicable financing is determined to be taxable solely as a result of actions or inactions of the City or, in the case of the Series 2026 Bond (as defined below), to non-bank qualified solely as a result of actions of the City (neither of which will be an event of default). Proposals will be received by the City until 1:45 p.m., November 02, 2026 and opened at 2:00 p.m. Any proposal received after the time and date specified will not be accepted. Proposals can be submitted via IonWave https://lauderhill.ionwave.net/ or submitted to the City Clerk’s office, 5581 W. Oakland Park Blvd. Lauderhill, Florida 33313. For responsible inquiries regarding this RFP, proposers may contact the Purchasing Department via IonWave at https://lauderhill.ionwave.net/. The last day to submit questions is ten days before due date. Questions received after this date will not be addressed. The City reserves the right to accept or reject any or all proposals and the right to waive informalities, irregularities, and technicalities and to request resubmission. The City reserves the right to negotiate …