CivicFi Stack — Residents-First Micro-Bond Pilot 

Purpose (Why now)

Empower Boca Raton residents to co-finance priority park upgrades and EV charging through micro-denomination ESG municipal bonds with full transparency and automated impact reporting.

Pilot Scope (What)

• Use of proceeds: Park improvements & EV charging at Red Reef Park and Spanish River Park.
• Pilot size: $3–5M (can be staged in tranches).
• Bond format: 10-year tax-exempt micro-bonds (denomination $500–$1,000), Residents-First subscription window 24–48h.
• Pricing target: Near AAA 10-year benchmark on pricing date; final coupon/YTM set with underwriter.
• Distribution: Digital onboarding + local outreach (city site, libraries/parks, university/community partners).

The CivicFi Stack (How)

• Issuance & Investor Portal (SaaS): residents sign up, KYC/AML, purchase micro-bonds, receive statements.
• Disclosure & EMMA Feed: continuing disclosure calendar + auto reminders (Rule 15c2-12 support).
• CivicScore™: on-time disclosures, project delivery, and spend tracking rolled into a public scorecard.
• Proof-of-Use™ (MRV): photo evidence, invoices, sensor/usage data (EV sessions, kWh), park upgrades—published to a public dashboard.
• Liquidity Options: plan for ATS connectivity via BD partner + optional tender/buyback windows.

Compliance & Roles (Who)

• City of Boca Raton (Issuer).
• Municipal Advisor (MA) — SEC/MSRB (Series-50).
• Underwriter / Broker-Dealer — FINRA-member; retail window & ATS access.
• Bond/Disclosure Counsel — OS, CDA (Rule 15c2-12).
• Disclosure Agent — EMMA filings.
• Transfer/Paying Agent — registry & payments (DTC-eligible).
• CivicFi — SaaS platform (issuance, investor UX, MRV dashboard).

Funding Stack (Blend)

• Micro-ESG resident tranche (this pilot).
• State/loan programs (as applicable): Florida SRF (stormwater/green infra), WIFIA (if scaled), Resilient Florida if coastal resilience elements are included.
• Green bank (GGRF) partners — potential line/LLR/rate buy-down for EV components.

Data & Access Needed (From City)

• Site confirmation: Red Reef Park / Spanish River Park & City PMs.
• Any prior plans/estimates (parks/EV readiness), photos of key locations.
• If stormwater elements: basic GIS/as-builts & incident logs (last 3–5 yrs).
• DEP portal approach: City-admin or delegated staging for uploads.

KPIs (What success looks like)

• $ Issued (pilot tranche) and % subscribed by residents.
• # resident investors & median ticket size.
• EV metrics: chargers installed, sessions/month, kWh delivered, CO₂e avoided.
• Project delivery on schedule; on-time EMMA filings (CDA compliance).
• CivicScore™ ≥ target (e.g., ≥85/100 at 12 months).