$6 MILLION NON-AD VALOREM BANK LOAN FOR FIRE DEPARTMENT EQUIPMENT

The City of Oakland Park is requesting proposals from qualified financial institutions to provide a fixed‑rate, tax‑exempt, bank‑qualified loan (via a single bond or note) not exceeding $6 million to fund the acquisition of fire‑rescue capital equipment, specifically two pumper apparatuses and two aerial ladder trucks. This is a financing opportunity rather than a construction or service contract, requiring the vendor to demonstrate the ability to issue a tax‑exempt loan and meet the city’s financing criteria. Successful bidders will be evaluated on loan terms, interest rates, and overall cost‑effectiveness to the municipality. • Loan amount up to $6,000,000, fixed‑rate, tax‑exempt • Intended purpose: purchase of fire department equipment (2 pumpers, 2 aerial ladders) • Submission deadline: October 13, 2026, 7 PM ET • Vendor must be a bank‑qualified lender capable of issuing a single bond or note • Evaluation based on loan terms, interest rate, and overall financing cost