[Note: Publication governed by Gov. Code §53692: In addition to any other requirement imposed by law, at least 15 days prior to the sale of any public securities that exceed one million dollars ($1,000,000) but do not exceed ten million dollars ($10,000,000) at a public sale and at least five days prior to the sale of any public securities that exceed ten million dollars ($10,000,000) at a public sale, an issuer shall publish notice of the intention to sell the securities in a financial publication generally circulated throughout the state or reasonably expected to be disseminated among prospective bidders for the securities. The notice shall include the date, time, and place of the intended sale and the amount of the securities to be sold.]
NOTICE OF INTENTION TO SELL BONDS
NOT TO EXCEED $93,350,000
CITY OF REDONDO BEACH, CALIFORNIA
GENERAL OBLIGATION BONDS
(MEASURE FP PUBLIC SAFETY IMPROVEMENTS)
SERIES 2026
NOTICE IS HEREBY GIVEN by the City of Redondo Beach (the “City”), that bids will be received by a representative of the City for the purchase of all of the above-referenced bonds (the “Bonds”). Bids will be received in electronic form until [9:00] a.m. Pacific Time on October 27, 2026
through the S&P Global BiDCOMP™/PARITY® Competitive Bidding System (“Parity”).
The City reserves the right to postpone or change the sale date up to 1:00 p.m. on the preceding day by publishing notice thereof on the Parity website. Further information, including copies of the preliminary Official Statement and Official Notice of Sale may be obtained from the City’s municipal advisor, Public Resources Advisory Group in Los Angeles, California; telephone: (310) 477-7098 or at [email protected], or can be viewed on the Parity website at newissue.muni.spglobal.com.
Dated: ____, 2026.
By: ____________________
Finance Director
City of Redondo Beach
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Preliminary amounts to be set forth in the Official Notice of Sale, subject to adjustment as provided therein.