Summary
$775,000.00 Capital Outlay Note for HVAC Controls & RTU replacement projects, IT servers replacement projects and Other Capital Improvements. The Capital Outlay Note is a tax exempt/bank qualified issue. The Capital Outlay Note is to be financed over a one-year (1) period to be paid-off in two (2) equal semi-annual principal payments of $387,500 with the first principal payment plus accrued interest to be made on November 20, 2026 and the final principal payment plus accrued interest to be made on May 20, 2027 fully retiring the Capital Outlay Note. The rate of interest for the Note shall be computed on the basis of a three hundred sixty (360) day year composed of twelve (12) months of thirty (30) days each. Please bid a fixed interest rate for the one-year (1) Note period, inclusive of any and all fees.