LEGAL NOTICE
City of Vienna Building Commission Invitation to Bid PO# 24-01
Purchase of Tax-Exempt, Bank Qualified Lease
Revenue Bonds
By Commercial Bank For Loan Portfolio
The City of Vienna Building Commission is seeking sealed proposals for the purchase of a tax-exempt, bank qualified lease revenue bond (the “Bonds”) to finance a portion of the costs associated with the new aquatic facility at Jackson Memorial Park. The Building Commission will only consider offers to purchase the Bonds made by a commercial bank. The Bonds are not securities and may not be resold by the original purchaser.
The request for proposals for purchase of the Bonds is available at the office of the Purchasing Agent, Vienna City Building, 609 29 th Street, Vienna, WV 26105.
Sealed proposals will be received until 4:00pm on Tuesday, October 10, 2023 , at the above address, at which time they will be publicly opened and read aloud.
Proposals received after that time will not be accepted and will be returned to the prospective purchaser of the Bonds unopened. Sealed proposals should be clearly marked ‘SEALED BID PO# 24-01″.
Prospective purchasers of the Bonds may contact Amy Roberts between the hours of 8:00 AM to 4:30 PM, Monday through Friday, for additional information regarding the request for proposal to purchase the Bonds. Any commercial bank responding to the request for proposals must be authorized to do business in the State of West Virginia.
The Building Commission reserves the right to reject any and all proposals or parts thereof, or waive any irregularities in any proposal, and reserves the right to negotiate with the low bidders.
Amy Roberts
Finance Director
Sept 22