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Basic Information

Reference Number

0000383174

Issuing Organization

City of Greeley

Owner Organization

The City of Greeley

Solicitation Type

RFP - Request for Proposal (Formal)

Solicitation Number

Certificates of Participation Series 2025

Title

City of Greeley Certificates of Participation Series 2025 - for Direct Lending

Source ID

PU.AG.USA.1276.C13174751

Details

Location

United States, Colorado, Weld County

Piggyback Contract

Description

The 2025 Certificates of Participation (the “2025 COPs”) will serve as an interim financing facility to fund pre-development costs including design, engineering, and procurement of long-lead time materials for Phase 1a of the West Greeley Project (the “Project”) of which is described in more detail below. The preferred structure of the 2025 COPs is an installment form of lease purchase financing with a drawdown facility. The City is seeking either a short call or other feature to allow for the 2025 COPs to be paid off through one of the following by September 1, 2026:
1. The issuance of Project (defined below) Revenue Bonds; or
2. The issuance of long-term refunding COPs by the City.

Dates

Publication

04/09/2025 02:22 PM MDT

Question Acceptance Deadline

04/16/2025 05:00 PM MDT

Questions are submitted online

Closing Date

04/28/2025 03:00 PM MDT

Contact Information

Levi Dyer

Purchasing@greeleygov.com

Bid Submission Process

Bid Submission Type

Electronic or Physical Bid Submission

Pricing

Lump sum

Additional Bidding Instructions

Do not submit proposal responses via BidNet. Proposals must be emailed to jason.simmons@hilltopsecurities.com AND Purchasing@Greeleygov.com.

Please submit your intent to respond and any questions about this RFP to the City of Greeley at Purchasing@Greeleygov.com and to HilltopSecurities, the City’s Municipal Advisor, at jason.simmons@hilltopsecurities.com. Questions should be submitted by Wednesday, April 16, 2025 and answers to questions submitted will be distributed to firms that have identified their intent to respond.