Okaloosa County BOCC — August 19, 2014 — Request for Quote BANK LOAN — reading text

be held as well as the index in which the rate shall be calculated should the stated time elapse. Please describe the methodology of the prepayment penalty or premium, if any. Describe in detail of all fees and expenses, which the County will be responsible to pay to the Bank including its Bank Counsel. The County has retained the law firm of Nabors, Giblin & Nickerson, P.A. to prepare the tax opinion and note resolution. The amounts stated in the proposal shall represent the maximum amounts payable to the Bank by the County. All fees and expenses, with the exception of those of Bond Counsel and FirstSouthwest, in excess of those stated in the proposal shall be the sole responsibility of the Bank and will not be paid or reimbursed by the County. A listing of all conditions, covenants, terms or restrictions, other than those specified in this Request for Quote, which would be included in your commitment to provide the Loan. XI. MISCELLANEOUS () The County reserves the right, in its sole discretion, to accept or reject any and all bids, to waive any irregularities or informalities in any bid or in the bidding, and to accept or reject any items or combination of items. The award will be to the financial institution whose response best complies with the requirements set forth in this Request for (2) (3) (4) G) (6) ©) (8) Quotes and whose bid, in the opinion of the County and Financial Advisor, is best, taking into consideration all aspects of the offeror’s response. Changes to this Request for Quotes may be made by and at the sole discretion of the County. The County will not be liable for any expenses incurred in connection with the preparation of a response to this Request for Quotes. All requests for clarification or additional information should be directed to: Okaloosa County Purchasing Okaloosa County (850) 689-6960 Ph (850) 689-5970 Fax zfedorak@co.okaloosa.fl.us Federal, State, and local laws, ordinances, rules and regulations that in any manner affect the items covered herein apply. Lack of knowledge by the Bank will in no way be a cause for relief from responsibility. No successful offeror may assign any portion of the contractual agreement between the parties without prior written authorization by the County. Warranties — The offeror, in submission of its proposal, warrants to the County that it will comply with all applicable federal, state and local laws, regulations and orders in providing the services under the proposed documents. Conflict of Interest (Form Included): The award hereunder is subject to all applicable portions of Chapter 112, Florida Statutes. All Proposers must disclose with their proposal the name of any officer, director, or employee who is also an employee or officer of Okaloosa County. Further, all Proposers must disclose the name of any Okaloosa County employee or officer who owns, directly or indirectly, an interest in one or more of the Proposer's firm(s) or any of its branches. (9) Public Entity Crime; Florida Statutes, 287.133(2)(a): A person or affiliate who has been placed on the convicted vendor list following a conviction for a public entity ctime may not submit a bid, proposal, or reply on a contract to provide any goods or services to a public entity; may not submit a bid, proposal, or reply on a contract with a public entity for the construction or repair of a public building or public work; may not submit bids, proposals, or replies on leases of real property to a public entity; may not be awarded or perform work as a contractor, supplier, subcontractor, or consultant under a contract with any public entity; and may not transact business with any public entity in excess of the threshold amount provided in s. 287.017 for CATEGORY TWO for a period of 36 months following the date of being placed on the convicted vendor list. (10) Discrimination; Florida Statutes, 287.134(2)(a): An entity or affiliate who has been placed on the discriminatory vendor list may not submit a bid, proposal, or reply on a contract to provide any goods or services to a public entity; may not submit a bid, proposal, or reply on a contract with a public entity for the construction or repair of a public building or public work; may not submit bids, proposals, or replies on leases of real property to a public entity; may not be awarded or perform work as a contractor, supplier, subcontractor, or consultant under a contract with any public entity; and may not transact business with any public entity. (11) Purchasing Policy: All terms and conditions contained in the County’s Purchasing Policy shall apply to this proposal. XII. TENTATIVE SCHEDULE The County will attempt to adhere to the following schedule*: August 20,2014 — Issue Request for Quote September 5, 2014 Quotes Due 4:00 P.M. Central Time September 16, 2014 Bank Quote Selection October 7,2014 Board approval of Resolution authorizing execution of loan documents October 10,2014 Closing of the Loan * Preliminary; subject to change CONFLICT OF INTEREST DISCLOSURE FORM For purposes of determining any possible conflict of interest, all proposers, must disclose if any Okaloosa Board of County Commissioner, employee(s), elected officials(s), or if any of its agencies is also an owner, corporate officer, agency, employee, etc., of their business. Indicate either “yes” (a county employee, elected official, or agency is also associated with your business), or “no”. If yes, give person(s) name(s) and position(s) with your business. YES NO NAME(S) POSITION(S) FIRM NAME: BY (PRINTED): BY (SIGNATURE): TITLE: ADDRESS: PHONE NO. E-MAIL 10 NO CONTACT CLAUSE The Board has established a solicitation silence policy (No Contact Clause) that prohibits oral and written communication regarding all formal solicitations for goods and services (formal bids, Request for Proposals, Requests for Qualifications) issued by the Board through the County Purchasing Department. The period commences when the procurement document is received and terminates when the Board approves an award. When the solicitation silence period is in effect, no oral or written communication is allowed regarding the solicitation between prospective bidders/proposers and members of the Board, the County Administrator or members of the Board Approved Review Committee. All questions or requests for information regarding the solicitation must be directed to the designated Purchasing Representative listed in the solicitation. Any information thought to affect the committee or staff recommendation submitted after bids are due, should be directed to the Purchasing Director or his appointed representative. It shall be the Purchasing Director’s decision whether to consider this information in the decision process, Any violation of this policy shall be grounds to disqualify the proposer from consideration during the selection process. All proposers must agree to comply with this policy by signing the following statement and including it with their submittal. I representing Signature Company Name On this day of » 2014 hereby agree to abide by the County’s “No Contact Clause” and understand violation of this policy shall result in disqualification of my proposal/submittal. 11 FirstSouthwvest 9 Appendix A - NET DEBT SERVICE Okaloosa County, Florida Sales Tax Revenue Bonds, Series 2009A Taxable Sales Tax Revenua Bonds, Seties 20098 (BABS) 4 FINAL NUMBERS *# Period Total Faderal (et Ending Prinelpal Interest Debt Service Subsldy Debt Service 10/04/2010 1,160,608.44 1,460,608.41 383,516.61, 777,094.80 10/01/2014 410,000 1,471,193.76 1,781,193.76 A86,147,82 1,295,045.94 10/01/2002 $80,000 1,461,993,76 2,041,893,76 “AQG A782 * 1,555,748,94 40/01/2013 600,000 1,444,493.76 2,044,493,76 “AB0,147,82 1,558,345.94 40/04/2044 615,000 1,426,493,76 2,041,493,76 486,147.82 4,555,345.94 10/01/2015 635,000 4,408,043,76 2,043,043.76 “96,147.82 1,556,895.04 10/01/2016 655,000 1,388,993.76 2,043,993,26 +486,147,82 4,557,845.94 to/or/2ot7 675,000 4,364,156.26 2,036,156.26 $76,404.70 1,359,754.56 10/01/2018 690,000 1,330,784.26 2,020,784.26 G5, 773.44 1,555,007.82 19/04/2019 745,000 1,298,351.26 2,013,354.26 “AS 4,892,94 1,858,926,32 10/04/2020 735,000 1,264,031.26 1,999,034.26 «442,410.94 1,556,620,32 10/04/2024 760,000 1,227,281.26 1,987,284,26 “A29,548,44 4,557,792.82 40/01/2022 785,000 1,189,281.26 1,974,281.26 446,248.44 1,558,032.82 10/01/2023 810,000 4,150,031.26 1,960,034.26 #A02,510,94 4,$57,520.32 10/01/2024 835,000 1,108,721.26 1,943,721,26 398,052.44 1,555,668,82 10/01/2025 965,000 1,064 048.76 —1,929,048,76 —«-372,417,06 ——1,556,631.70 10/01/2026 895,000 1,046,973.76 1,944,473.76 955,765.82 1,555,707.94 10/01/2027 930,000 965,458.76 4,895,488,76 337,910.56 4,557,548,20 10/01/2028 965,000 911,518,76 1,876,548,76 349,031.56 1,557,487.20 10/01/2029 1,008,000 853,618.76 1,858,618.76 298,766.56 1,559,852,20 10/04/2030 1,040,000 793,318.76 1,833,318.76 “277,661.56 1555,657,20 10/04/2031 1,085,000 728,318.76 1,843,318.76 «254,941.56 1,556,407.20 10/01/2032 1,130,000 660,506.26 1,790,506.26 231,477.20 1,559,329,06 10/01/2033 4,175,000 $89,881.26 4,764,884.26 «206,458.44 1,558,422,82 40/04/2034 1,220,000 516,443.76 1,736,403,76 480,755.32 1,555,668,44 10/01/2035 1,270,000 440,193.76 1,710,193.76 “154,067.82 1,556,125,94 10/01/2036 1,325,000 359,231.26 1,684,231.26 125,730,954 1,558,500,32 10/01/2037 1,380,000 274,762.50 4,654,762.50 96,166.88 1,558,595.62 10/01/2033 1,435,000 186,787.50 1,624,787,50 »65,375;62 4,556,411.88 40/01/2039 1,495,000 95,306.26 4,590,306,26 -93,357,20 1,556,949,06 26,615,000 = 29,447,224.93 — 85,762,204.93 -10,085,929.91 45,676,895.02 Appendix B Pretiminary Amortization Schedule Period Ending Principal 10/01/2015 i! 10/01/2016 880,000 10/01/2017 920,000 10/01/2018 960,000 10/01/2019 1,000,000 10/01/2020 1,040,000 10/01/2021 1,085,000 10/01/2022 4,130,000 10/01/2023 1,180,000 10/01/2024 1,230,000 10/01/2025 1,280,000 40/01/2026 1,335,000 10/01/2027 1,395,000 bos 10/01/2028 1,455,000 i 40/01/2029 4,515,000 : 10/01/2020 1,580,000 i 10/01/2031 1,645,000 : 10/02/2032 1,715,000 f 10/01/2033 1,790,000 ; 10/01/2034 1,865,000 : 25,000,000 L971 088" Og tLorti- eS opr orl SEBEL PR eLeesctt 96 ESS FOE ag soa‘cor'et- onuaAdy poredinnacey oo'oon'oor EL d0'000"D00"rT OO DOO'HNT TT a0 one'0se ZI eo'oon'ses‘Zt oonooaL et Parkpng PE YVELS LBV “Plot yo'rat WIMOID % LESTE Ob'S86'RSC'OL ts OFr'Gre TT OS'SZLy80T! OV ees 2E9%1 00'e paoaloig EC ELS SIZ EL OF'SES'SEG'OT ES Oe 6S LY DS'SCLFBOTE OPEL EES ZT OS LIT 10'S 000 E9SIT 106 Data FE Gre fb ELS SOSS ITT S6Lk'8 PF FEN O90 T TSSZORTT 00 ooo walae 000 soquiandag, QLSESESIE — EGS tre ego HGLOT eccesct = - WOT EE BLY ETT efosssee = %a0'0 ooo joie = ono isniiey SSTIGISIt = %6E'O! ASTESTENT —- WISOT ledes'ssz'l = H08'OT érersort = ECOL zosoe'sse'l 4000 ogo jade = oO Ang DESLE PSE yes Orsie 796 WERE STESRZOL = EES Leet 9eo') = (TES CLBETLLTL— MELEL LO'LIS'BYEL AlG# = 000 auny ee szr's96 YSIS S6OPT'OSS AGES PSL PIL «4568 ETLTUZRO'T «EER seseg'isot = IB HT LE'9EC'ELO'T O/AIGH = 00'D Aue LP COU HS 4606 8C'SrE'T66 HOOR LVesr'sco'L = go's EFEICert = 68's LEPCEECNT = OL'ZL LS 676'PSE'T iOVAIG# = 000 suite 16847208 eb US 619 TB EDL eL0l6'6es 4969 BL EbS 158 m6 Se BOT TRS seal lo'zs9'ors iWAIG? 000 gomeyy Ie ete'sst %ITS Ob L6N'9EL wHS'S SEDES TL yess sv osrege yos’s SL ELT'6z8 BLES segos'sie AICHE 000 Arenigag 9S E5P°SEB LBL TE'S99b98 60'S ITP16'996 BLL 1599's bet ov rez'ste WLZOL —ASELE'RBG. iAH 000 Azenuey 06 201'408 MEL RC 16101R AVL LE L6E 6S EOL FL 69 obs. YEOL 85 Loy BBS LSS sB'ge9"o0S (orAIGe D8 equiaxed cY'ees'c98 WOE 6y'300°9E8 OL Teise'yes WEEL ZO S6Z'988 WITL OL eoe'616 wSYOL —-#9'6EY'S iwAIGe 960 soquisnoy 18'£Z8°L88 WOR Ee'gte‘eog YOEL EOE LT YALL SL zee OES York SUERG'SH6 wbsOl YS 90E YES AIG —_00°0 argeng or) 01/80 FYE SHE ei7et FUE THRE Buon SLOJSTEE XB] S3jBS JUID-j[EH WOUIUIIADH [2307 "2 xipusddy OSISEE "SORES HOT