RFQ#2627-004 Broker/Dealer Questionnaire & Certification

The City of Redondo Beach is issuing a $93.35 million General Obligation bond in November 2026 to fund fire‑station reconstruction and police‑facility modernization. The City seeks to add qualified broker/dealers to an approved list to invest the bond proceeds, manage rebalancing, and comply with its Investment Policy. Interested firms must complete a detailed questionnaire covering licensing, FINRA registration, experience with public‑sector clients, trading processes, compliance systems, and provide financial documentation. Responses are due electronically by October 9, 2026. The City will select a limited number of firms for ongoing investment services, without using an independent municipal advisor. • $93.35 M bond issuance slated for early Nov 2026 • Competitive selection of broker/dealers to invest proceeds • Mandatory questionnaire submission by Oct 9, 2026 (2 PM PDT) • No municipal advisor; City retains portfolio responsibility • Required documentation: licensing, FINRA compliance, financial statements, references, and certification of investment‑policy understanding • Ongoing rebalancing services anticipated after initial investment