Get Application For Municipal Financing

Navigating the Application For Municipal Financing can be streamlined with clear guidance. This guide will provide step-by-step instructions to ensure your online application process is efficient and thorough.

Follow the steps to successfully complete your application

1. Click ‘Get Form’ button to obtain the form and open it for completion.
2. Fill in the municipality information. Include the legal name of the borrower, address, city, state, phone number, federal ID number, and web address if applicable.
3. Designate the person(s) to contact for clarification regarding the project. Please enter their name, title, phone number, email, and fax number.
4. In the obligations/economics section, indicate whether the Applicant’s obligations are bank qualified or non-bank qualified. Provide the current underlying bond rating from corresponding rating agencies, if applicable.
5. Discuss the Applicant’s economic trends, stating whether they are stable, positive, or negative, along with reasons for any variations. If the Applicant has ever defaulted or non-appropriated on an obligation, please explain.
6. If the Applicant is educational, provide enrollment data and trends, including the number of elementary, middle, and high schools within the district.
7. Describe the equipment purchase in detail, including the estimated equipment delivery date, and clarify if the equipment is replacing existing equipment. Provide additional reasoning based on that context.
8. Indicate from which fund the payments will be made and specify any federal grant or loan monies involved. Include insurance information, such as liability coverage, property damage coverage, and deductible.
9. Review the terms and conditions. Authorization for inquiry into financial conditions must be acknowledged and signed.
10. Complete the references section, providing bank information and creditor details as applicable.
11. After entering all required information, save your changes. You can then download, print, or share the completed form as needed.

Be proactive and complete your Application For Municipal Financing online today.