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Tax Exempt Equipment Financing


Location
Maryland
Publication Date
08/09/2019 08:02 AM EDT
Closing Date
08/30/2019 03:00 PM EDT
Issuing Organization
County of St. Mary's
Solicitation Number
Description

Specifications include, but are not limited to: Financial institutions qualified to do business in Maryland to provide $2,650,000 in tax-exempt financing for the acquisition of the vehicles and equipment. The transaction is on a non-bank qualified basis. Debt service on such financing is paid from annual general fund appropriations and the County’s obligation to make such payments will be subject to appropriation, see section H-3. The County shall carry insurance on the vehicles and related equipment.

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