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Bid Number: RFP #FN2020-18
Bid Title: REQUEST FOR BANK LOAN PROPOSALS
Category: Bids & RFP's
Status: Awarded

Description:

The City of South Miami, Florida (the “City”) is seeking proposals from qualified financial institutions to provide a tax-exempt fixed rate bank loan (the “Loan” or the “Note”), at the lowest overall borrowing cost, pursuant to certain conditions.  The proceeds of the Loan will be used to refund all or a portion of the City’s outstanding 2006 Florida Municipal Loan Council Loan, refund the City’s outstanding Capital Improvement Revenue Refunding Note, Series 2015, and fund the cost of issuance associated with the Loan.


Publication Date/Time:
7/23/2020 10:00 AM
Closing Date/Time:
8/7/2020 1:00 PM
Submittal Information:
Bids submitted via e-mail (in PDF or Word format) directly to the email addresses listed in the bid
Pre-bid Meeting:
NONE SCHEDULED
Contact Person:
Mr. Alfredo Riverol, Chief Financial Officer
email: ariverol@southmiamifl.gov
Fax Number:
305/669-2636
Special Requirements:
All bids must be submitted via e-mail (in PDF or Word format) directly to the City with a copy to HilltopSecurities at the e-mail addresses below for receipt no later than 1:00 PM Eastern Time on August 7, 2020:

City of South Miami
Nkenga Payne, City Clerk, NPayne@southmiamifl.gov

With a copy to:

HilltopSecurities
Mr. Joel Tindal, Director, joel.tindal@hilltopsecurities.com

Related Documents:

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