The District is requesting proposals from qualified firms interested in serving as senior or co-managing underwriter for the District’s proposed issuance of Ad Valorem Tax Bonds, Series 2024 in an aggregate principal amount not-to-exceed $99,300,000. The Series 2024 Bonds are expected to be issued as one tax-exempt series (the “Series 2024 Bonds”). The proceeds of the new money Series 2024 Bonds will be issued for the purposes of financing: (i) transportation improvements including, but not limited to, Phase III of World Drive North, the replacement of two bridges on North Buena Vista Drive, interchange improvements at Buena Vista Drive and Western Way, widening of Western Way, and milling and resurfacing portions of Buena Vista Drive and World Drive (the “Project”); and (ii) the costs of issuance of the Series 2024 Bonds.
