1-RFP-ADM-HILLTOP-25-78 Document.pdf

This document is a Request for Underwriting Services issued by the City of Palm Coast, Florida, and facilitated by HilltopSecurities. The city is seeking proposals from firms to serve as Underwriters for the proposed issuance of approximately $275,000,000 of Utility System Revenue Bonds, Series 2026. The bonds are currently anticipated to be sold and issued in the first quarter of calendar 2026. Interested firms are directed to contact Joel Tindal at joel.tindal@hilltopsecurites.com to submit a proposal.

The bond issuance appears to be related to the city's utility system, with a substantial bond amount of $275 million. The specific purpose of the bonds is not detailed in this document, but they likely relate to infrastructure improvements, expansion, or refinancing of the utility system. Potential underwriters would be responsible for assisting the city in structuring, pricing, and selling these revenue bonds to investors, with the goal of securing favorable terms for the city's utility system financing.