Oakland Park Demandstar #101326

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

The City of Oakland Park is seeking financing proposals to support the purchase of new fire department vehicles and equipment. - Buyer: City of Oakland Park (Fire Rescue Department) - Purpose: Secure a fixed-rate, tax-exempt, bank-qualified loan up to $6,000,000 - Equipment to be financed: - Two (2) pumper apparatus - Two (2) aerial ladder trucks - Solicitation is for financial institutions (banks/financial firms) to provide a single bond or note - Notable requirements: - Loan must be tax-exempt and bank-qualified - No specific OEMs or vehicle manufacturers are named, as this is a financing opportunity - The loan will directly enable the acquisition of critical fire rescue vehicles

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) with e-bidding available. The bid opening date is October 13, 2026.

View original listing