Oakland Park Demandstar #RFP-101326-0-2026/KAF

City of Oakland Park Seeks $6 Million Tax-Exempt Loan for Fire Department Equipment

The City of Oakland Park in Broward County, Florida is seeking proposals from financial institutions for a fixed-rate, tax-exempt, bank-qualified loan to finance fire department equipment. - Buyer: City of Oakland Park (Fire Rescue Department) - Loan amount: Up to $6,000,000 - Purpose: Acquisition of capital equipment for the Fire Rescue Department - Two (2) pumper apparatus - Two (2) aerial ladder trucks - The loan must be tax-exempt and bank-qualified - Financing will be evidenced by a single bond or note - No specific OEMs for the fire equipment are named; the solicitation is for the financial product - Electronic bidding is permitted - Notable requirement: Loan must comply with tax-exempt and bank-qualified status

Description

The City of Oakland Park is seeking proposals from firms to provide a Fixed Rate Tax-Exempt Bank-Qualified Loan not to exceed $6,000,000. The loan will finance the purchase of capital equipment for the Fire Rescue Department, including two pumper apparatus and two aerial ladder trucks. This solicitation is a Request for Proposals (RFP) and allows electronic bidding.

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