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$400,000 bank-qualified tax-exempt leasing/financing/lending.

Request for Proposal: $400,000 bank-qualified tax-exempt leasing/financing/lending

The City of West Park, Florida, desires to finance certain equipment acquisitions and capital projects with tax-exempt financing instrument(s). The City will not issue more than $10 million in calendar year 2015. It does not expect to issue more than $400,000 in financings during the year. The term should not exceed 10 years. The City would like proposals for 5, 7, and 10 years with level payments. The first payment should not be due before October 1, 2014. Subsequent payments should be due on September 30th of each year. More frequent payments will be permitted, but the City prefers interest to be due with a payment on September 30th of each year.

Tender documents : T25204305.html

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Publication:Mena Report
Date:Dec 20, 2014
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