Timnath Recreation Center Project Certificates of Participation Underwriter
Bids closed Jan 2026 · Colorado · Last reported Dec 2025
Source: Town of Timnath - Colorado
Purpose : The Town of Timnath requests Proposals from qualified Contractors to serve as underwriter for the upcoming issuance of certificates of participation for the new community recreation center . Overview : In November 2025 , voters in the Town of Timnath ( the “ Town ”) approved a 1 . 25 % sales and use tax in
- Status
- Closed
- Location
- Timnath, Colorado, United States of America
- Updated
- 3 Nov 2026
- Source
- Town of Timnath - Colorado
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Tender Information
Participants
| Not available for this record. |
Status
Original status | closed |
Taiyo status | Closed |
Taiyo last update | 2026-11-03 |
Contact
| Not available for this record. |
Description
Description | Purpose : The Town of Timnath requests Proposals from qualified Contractors to serve as underwriter for the upcoming issuance of certificates of participation for the new community recreation center . Overview : In November 2025 , voters in the Town of Timnath ( the “ Town ”) approved a 1 . 25 % sales and use tax increase dedicated to funding the construction , equipping , and operation of a new community recreation center . This facility will serve the growing needs of the local community and provide expanded recreational programming and amenities for residents . The total project cost is estimated at $ 98 million . The Town has accumulated approximately $ 8 million in impact fees that will be applied to the project , leaving a financing need of approximately $ 90 million . Currently , the Town anticipates leasing the to be built rec center as the leased property for these proposed Certificates of Participation ( COPs ). The Town is seeking qualified underwriting firms to serve as underwriter for this transaction . See the Recreation Center Underwriter RFP Attachment for full details and requirements . See more |
Location
Country | United States of America (USA) |
State | Colorado |
City | Timnath |
Source
Source | Town of Timnath - Colorado |
URL |
More Details
Record type | Tender |
Article published date | 2026-02-26 |
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