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Council hears debt‑financing options and Tyler software updates; staff to parse proposals and file formats
Summary
Staff reported 6–7 RFP responses for financing options (bond anticipation notes, conduit/PBA) and will meet with PFM and outside counsel to compare terms and recommend a course of action. Separately, the city is working through Tyler import/file‑format issues for delinquent tax submission and implementing single‑scan image‑cash‑letter capabilities to streamline payment processing.
City finance staff told council on Nov. 25 that responses to a financing RFP show market interest and a range of competitive terms; staff will convene PFM and counsel (BassBerry & Sims) to produce a digestible comparison and recommendation.
"We did receive submissions from 6 or 7 different…
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