The Wythe County Board of Supervisors is seeking written proposals from qualified financial firms to provide permanent financing for an estimated $800,000 bank qualified, tax exempt General Obligation Bond issuance for financing three fire trucks and an incident command trailer. The only security form the Bond will be a pledge of the full faith and credit of the County. The proposals shall include all cost associated with the financing including legal, issuance cost, schedule for disbursement of funds, requirements for arbitrage calculations and annual payment schedule for the duration of the loan. The proposals shall include the following options:
1. $800,000 for ten years with no reset.
2. $800,000 for ten years with a reset after five years.
3. $800,000 for seven years no reset.
4. $800,000 for five years with no reset.