Award

Granger-Hunter Improvement District GHID202218235

Request for Proposal for Bond Counsel Services

Recipient

Not Specified

Award Amount

$25,000,000.00

Ceiling

$25,000,000.00

Awarded

April 20, 2022

Identifier

GHID202218235

Granger-Hunter Improvement District is seeking qualified firms for bond counsel services related to issuing up to $25 million in Water and Sewer Revenue Bonds. The contract term is five years starting April 25, 2022, with required legal and advisory services for bond issuance.

Description

Granger-Hunter Improvement District (the District) anticipates issuing up to approximately $25 million of Water and Sewer Revenue Bonds for various water and wastewater projects. The District is seeking proposals from qualified firms for bond counsel services related to the issuance of such financing instruments. The term of the agreement will be a period of five years beginning approximately April 25, 2022. The District reserves the right to terminate the proposed agreement with thirty days written notice. Required services include providing expert legal counsel on issuance and sale of securities, preparing resolutions and legal documents, cooperating with financial advisors and underwriters, reviewing and preparing official statements, participating in drafting closing documents, attending meetings, and performing other bond counsel duties.

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