Not-to-Exceed $5,000,000 Stormwater Utility Revenue Bond, Series 2026

The City of Lauderhill, Florida is seeking one or more qualified financial institutions to provide financing by way of fixed rate, tax-exempt, bank loans for the Not-to-Exceed $5,000,000 Stormwater Utility Revenue Bond, Series 2026. 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. The selected financial institution will be required to provide financing for the Stormwater Utility Revenue Bond. Key aspects of the proposal include: • Providing fixed rate, tax-exempt, bank loans • Complying with the City's requirements for interest rate adjustments • Meeting the City's deadline for submission of proposals • Providing all necessary documentation and information as required by the City