Preston Harbor Public Improvement District Bonds
- Agency
- City of Denison
- When
- August 7, 2026
- Signal
- Pre-RFP
- Confidence
- 100/100
From the meeting
“We sold $22,387,000 worth of bonds just north of $8 million for improvement area number one and 14,377,000 for improvement area number two. So, we were successful today and that we were able to fully cover all of the improvement area number one and improvement area number two, PID improvements.”
What happened
The City of Denison has issued a pre-RFP signal regarding the Preston Harbor Public Improvement District Bonds. This signal indicates an upcoming procurement opportunity related to public infrastructure improvements funded by the issuance of $22,387,000 in special assessment revenue bonds.
During a recent city council meeting, officials discussed the successful sale of these bonds, which will support the development of 374 homes valued at approximately $425 million. This project is significant for vendors interested in public sector contracts, as it represents a substantial investment in local infrastructure and housing.
An excerpt from the meeting highlights the bond issuance:
“We sold $22,387,000 worth of bonds just north of $8 million for improvement area number one and 14,377,000 for improvement area number two. So, we were successful today and that we were able to fully cover all of the improvement area number one and improvement area number two, PID improvements.”
Agency: City of Denison
Signal type: pre_RFP
Sentinel confidence: 100/100
Independent mentions: 1
Meeting date: 2026-08-07 / jurisdiction: Denison IA
Vendors and capture leads should keep an eye on this opportunity as the formal RFP, RFI, or RFQ is expected to follow the current discussions regarding these bonds and the associated infrastructure projects.