The Vendor is required to provide prospective underwriters regarding the anticipated issuance of general obligation bonds, series 2026 (the “2026 Bonds”).
- Tax-exempt proceeds of the 2026 bonds will be used to fund city new police building and will be for approximately $70,000,000.
- These areas include:
• Tactical training and mat room
• Community room
• Conference and meeting rooms for investigations and patrol
• Patrol special enforcement team areas
• Dedicated emergency operations center and situation room
• Shooting range.
- Butler Snow, LLP will render an opinion in customary form with respect to the validity of the tax-exempt treatment of the interest portion of the debt service due on the 2026 bonds.
- Contract Period/Term: 1 year