Presentation from Dunlap & Associates, Inc. - GO Bond 2005D - Refinance Opportunity Request to RFP

 

 

 

 

CITY OF DANIA BEACH

 

Agenda Request Item

 

 

Type of Request: Presentation & Request to RFP

(Adopt Resolution, Adopt Ordinance (1st Reading) Adopt Ordinance (2nd Reading)

Award Bid /RFP, Presentation, Public Hearing)

 

Continued from:      

 

Requested Action        (Identify appropriate Action or Motion)

Presentation by City’s financial advisor Dunlap & Associates regarding refunding opportunity for GO Bond, 2005 D Series.  Seeking approval to proceed with the RFP process.

 

Description of Action

Consensus approval to proceed with the RFP process.

 

Purchasing Requests ONLY

Dept:      

Acct #:      

Amt:      

Fund:         (Select from: General, Water, Sewer, Stormwater, Grants, Capital)

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Impact/Cost Summary

Refunding opportunity will provide approximate overall savings of $600,000 with an annual debt service payment reduction of approximately $30,000.00

 

Exhibits Attached

 

Memo – Dunlap & Associates

Presentation – Dunlap & Associates