The County of Riverside is seeking a bond holder consent solicitation agent to obtain the consent of bond holders for a technical amendment procedure. The amendment would allow the county to expend approximately $20 million in reserve funds for hospital capital improvements. The contract involves soliciting the consent of bond holders and obtaining a letter of credit or surety for the existing debt service reserve fund. Key aspects of the contract include the scope of work, the timeline for completion, and the requirements for the bond holder consent solicitation agent.
• The contract is for a specific project to obtain the consent of bond holders.
• The county is seeking to expend approximately $20 million in reserve funds for hospital capital improvements.
• The contract involves soliciting the consent of bond holders and obtaining a letter of credit or surety for the existing debt service reserve fund.
• The bid contact is Walter Mack, who can be reached at (951) 955-9290 or [email protected].