Bank loan: non-revolving line of credit
Closed State & local contract opportunity Posted
- Solicitation number
- RFP-ADM-HILLTOP-26-69
- State
- Florida
- Responses due
Opportunity facts
- Jurisdiction
Opportunity details come from palmcoastgov.bonfirehub.com. Updated .
About this opportunity
The City of Palm Coast, Florida is requesting proposals from financial institutions to provide a non-revolving line of credit at the lowest overall borrowing cost, with proposals due September 17, 2026. The proceeds will finance land acquisition within the City and associated issuance costs.
Opportunity text
The City of Palm Coast, Florida (the "City") is seeking proposals from various financial institutions to provide a non-revolving line of credit (the "Loan", "Line", or "Note"), at the lowest overall borrowing cost, pursuant to certain conditions. The proposed Loan will be used to finance (a) the acquisition of certain land within the City and (b) to fund the cost of issuance associated with the Loan.
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