NOTICE

Estimated Not-to-Exceed $2.5 Million Non-Ad Valorem Revenue Bond, Series 2026 OR Lease-Purchase Agreement

RFP 2027-001

CITY OF LAUDERHILL, FLORIDA

Sealed proposals will be received by the City of Lauderhill, Florida (the City) at the office of the Purchasing Department for the purpose of selecting one or more qualified financial institutions to provide financing by way of fixed rate, tax-exempt, bank loans as described below that are the subject of this Request for Proposals. The City will not accept any offer with capital adequacy, cross default, acceleration due to non-major items or other interest rate adjustment language with respect to changes to tax law including as a result of most favored nation clauses. The only interest rate adjustment provision the City will consider will be limited to an agreed upon fixed taxable rate in the event the applicable financing is determined to be taxable solely as a result of actions or inactions of the City or, in the case of the Series 2026 Bond (as defined below), to non-bank qualified solely as a result of actions of the City (neither of which will be an event of default).

The selected financial institution (the Lender) will provide a 7-year term loan as further described in the RFP 2027-001 document. Interest shall be payable semi-annually on April 1 and October 1 on a 30/360-day basis.

Proposals will be received by the City until 1:45 p.m., November 02, 2026 and opened at 2:00 p.m. Any proposal received after the time and date specified will not be accepted. Proposals can be submitted via IonWave https://lauderhill.ionwave.net/ or submitted to the City Clerks office, 5581 W. Oakland Park Blvd. Lauderhill, Florida 33313.

10/10, 10/17/2026

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