Tax-Exempt Capital Improvement Refunding Revenue Note

Description: The City of New Smyrna Beach, Florida, is requesting proposals from qualified financial institutions for a tax-exempt, fixed-rate loan to refund its outstanding Capital Improvement Revenue Note, Series 2024, and fund loan issuance costs. The City’s Purchasing Agent will oversee the solicitation, with Hilltop Securities Inc. serving as financial advisor. Proposals are due September 21, 2026, at 2:00 p.m. Eastern Time, and the loan is expected to close on or about October 16, 2026.