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Redondo Beach staff begin Measure FP rollout to replace fire stations and police facilities; consultants, financing team planned
Summary
Staff briefed the council on initial steps to implement Measure FP — a $93.35 million general obligation bond approved by voters — including RFQ/RFI work to hire a financial adviser, bond counsel, a project/construction management (owner's rep) firm and consideration of a special project manager to oversee delivery.
City staff told the Redondo Beach City Council they have begun immediate planning to implement Measure FP, the $93,350,000 general obligation bond approved by 71.4% of voters in November to replace two fire stations, the main police station and to renovate the police annex.
Staff identified five immediate actions: issue an RFQ/RFI to hire a financial adviser and an owner’s‑representative/project‑management firm; select bond counsel (to prepare reimbursement and disclosure documents); identify an underwriter selection process; consider establishing a special project manager position; and bring a reimbursement resolution back to…
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