City of El Dorado Awards $3,500,000 Bond Issuance Contract to HRSP (July 2025)
City of El DoradoCity · El Dorado, KS- Disclosed value
- $3,500,000
- From resolution
- Approved
- Jul 21, 2025
The 30-second brief
The City Commission approved the issuance of up to $3,500,000 in Taxable Industrial Revenue Bonds (IRBs) in 2015 to finance the construction of a 42-room hotel facility, with HRSP, LLC as the new owner and the City receiving a 5% administrative fee from each CID transaction. The resolution authorizes the owners to be released from the guaranty agreement.
HRSP holds this bond issuance contract with City of El Dorado.
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Contract details
- Contract type
- Bond Issuance
- Amount
- $3,500,000
- Document date
- July 21, 2025
- Term
- NA
- Vendor
- HRSP
- Agency
- City of El Dorado
- Source document
- city-of-el-dorado-resolution-july-21-2025_27d.pdf (Resolution)
HRSP's other public contracts
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Questions about this contract
Who was awarded the bond issuance contract by City of El Dorado?
HRSP was awarded this bond issuance contract by City of El Dorado, as recorded on July 21, 2025. The contract value is $3,500,000.
How much is the HRSP contract with City of El Dorado worth?
The HRSP contract with City of El Dorado is valued at $3,500,000, covering bond issuance work.
What type of contract is this?
This is a Bond Issuance contract, documented as a resolution record.
Where was this contract approved?
This contract appears in city-of-el-dorado-resolution-july-21-2025_27d.pdf (Resolution), dated July 21, 2025 from City of El Dorado. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does HRSP hold?
HRSP may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of El Dorado currently buying?
Explore City of El Dorado's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.