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2016 Series 1 Bonds – Post Closing Responsibilities

To complete your 2016 Series 1 loan, a borrower will need to file several reports with the VMBB. Shortly after the date of substantial completion of your project, you will need to file a Certificate of Project Completion form. This form should be signed by the borrower’s governing Board and distributed to: Executive Director                                          U.S. […]

2016 Series 1 Bond Pool Requisition Announcement

2016 Series 1 Instructions for Requisitioning Loan Proceeds Once the July 20th bond closing is completed, loan proceeds will be deposited into borrower accounts at U.S. Bank (“USB” or “trustee”).   You may gain access to your loan proceeds by filing a Requisition and Certificate for Payment form with the trustee. The Requisition form can be […]

Summer 2016 Series 1 Bonds – Trustee

The VMBB has chosen U.S. Bank (“USB”) to serve as the trustee for the 2016 Series 1 financing.   USB’s mailing address:     U.S. Bank National Association Corporate Trust Services One Federal Street, 10th Floor Boston, MA 02110   You will be working with the following USB employees: Account set up and investments – Andrew Sinasky 617-603-6564 […]

VMBB 2016 Series Bond Sale Announcement

This announcement is neither an offer to sell nor a solicitation of an offer to buy any of these securities. The offering is made only by the final Official Statement. The information set forth in this announcement was obtained from sources we believe to be reliable but we do not guarantee its accuracy. All such […]

2016 Series Bond Pool Announcement

Summer 2016 Bond Sale Timetable. May 27, 2016   The VMBB will be issuing bonds this summer to make loans to municipalities for the purchase of capital equipment and the construction and renovation of facilities/infrastructure. This summer’s bond pool is expected to have 21 borrowers requesting $48.2 million in loans.   Key dates for this […]