$22,000,000 Capital Improvement Revenue Bonds, Series 2025 (Taxable)

Project Information

Bid Title
$22,000,000 Capital Improvement Revenue Bonds, Series 2025 (Taxable)
Issuing Agency
City of Kissimmee
Location
Florida
Published Date
Apr 14, 2025
Closing Date
Apr 28, 2025
Government Level
State & Local
Status
Closed
Ref. #
RFQ2025-002
Original Source
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Project Description
Main

Agency
City of Kissimmee
Status
Active
Fiscal Year
2025
Primary Contact
Debbie Luke
Title
$22,000,000 Capital Improvement Revenue Bonds, Series 2025 (Taxable)
Secondary Contact

Number
RFQ2025-002
Tertiary Contact

Type
Request for Quotation
Department
Purchasing
Online Submissions
No
Project Estimate
Piggyback Solicitation
No
Insurance Required
No
Bid Bond Required
No
Bid Bond Amount

Performance Bond Required
No
Performance Bond Amount

Construction Bond Required
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.

Dates(All times are listed as EST )

Broadcast Date
4/13/2025 8:00 AM EST
Question End Date
Due Date
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

Total: 1
Type Name Description File Type
Request for Quotation RFQ2025-002 Capital Improvement Revenue Bonds Series 2025.pdf RFQ Document PDF
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
Commodity Codes
  • NAICS 541330Engineering Services
  • NAICS 541611Administrative Management and General Management Consulting Services
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