Palm Coast Bonfire #RFP-ADM-HILLTOP-26-69

Palm Coast Requests Non-Revolving Line of Credit for Land Acquisition

The City of Palm Coast, Florida is seeking proposals from financial institutions for a non-revolving line of credit to finance land acquisition and loan issuance costs. - Government Buyer: - City of Palm Coast, Florida - Located in Flagler County - Requested Services: - Non-revolving line of credit - Purpose: Finance acquisition of specific land and cover loan issuance costs - Quantity: 1 line of credit - Requirements: - Lowest overall borrowing cost is desired - Proposals must adhere to specified loan structure and conditions - OEMs and Vendors: - No specific OEMs or vendors mentioned; open to qualified financial institutions - Notable Details: - This is a financial services solicitation, not a product procurement - Opportunity is open to various financial institutions capable of providing the requested loan structure

Description

The City of Palm Coast, Florida is seeking proposals from financial institutions to provide a non-revolving line of credit. The loan will be used to finance the acquisition of certain land within the City and to fund the cost of issuance associated with the loan. Proposals are sought to achieve the lowest overall borrowing cost under specified conditions.

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