RFP#061826 - Funding: Vinton War Memorial Remodel

The Town of Vinton, Virginia (the “Town”) is issuing this Request for Proposals (the “RFP”) to solicit proposals for a direct bank loan evidenced by a Tax-Exempt or Taxable General Obligation Bond, Series 2026 in a principal amount of up to $2,500,000 (the “2026 Bond”).Proceeds of the 2026 Bond will be used to fund capital improvements to a Town-owned and Town-maintained War Memorial building and grounds (the “Project”) as well as pay the costs of issuance. The Project is expected to be completed, and the proceeds of the borrowing are expected to be expended within twelve months of closing.