NON-BANK QUALIFIED, TAX-EXEMPT LEASE PURCHASE FINANCING, ENERGY PERFORMANCE

The City of Palm Bay, Florida is seeking a non-bank qualified, tax-exempt equipment lease purchase agreement to fund energy conservation measures. The lease purchase agreement will be used to reimburse and construct energy retrofitting capital improvements to numerous city-owned buildings and park facilities. The city will select the proposal that provides the lowest overall cost and meets the financing requirements of the city. The awarded contract is for $6,254,389.47. • The contract is for lease purchase financing for energy saving performance contract • The city is seeking a non-bank qualified, tax-exempt equipment lease purchase agreement • The lease purchase agreement will be used to fund energy conservation measures • The city will select the proposal that provides the lowest overall cost and meets the financing requirements of the city