From: Subject: Local Government | Illinois Finance Authority Date: Wed, 17 Feb 2010 08:50:46 -0600 MIME-Version: 1.0 Content-Type: multipart/related; type="text/html"; boundary="----=_NextPart_000_0000_01CAAFAE.4BCC2200" X-MimeOLE: Produced By Microsoft MimeOLE V6.00.2900.5579 This is a multi-part message in MIME format. ------=_NextPart_000_0000_01CAAFAE.4BCC2200 Content-Type: text/html; charset="utf-8" Content-Transfer-Encoding: quoted-printable Content-Location: http://test.il-fa.com/products/communities/gov_lease.html =EF=BB=BF Local Government | = Illinois Finance Authority
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Local Government

Lease Program

Description:

The Local Government Lease program provides units of local government = with=20 low-cost, tax-exempt financing for capital equipment, real estate = purchases and=20 other capital improvements...

Benefits:

The program enables qualified entities to purchase capital equipment = and real=20 estate without depleting cash reserves or paying the high cost of = traditional=20 debt financing. Benefits of participating in the Local Government Lease = Program=20 include:

Type of Financing:

Under the Local Government Lease Program, capital equipment and real = estate=20 purchases are financed with an installment-purchase agreement between = the unit=20 of local government and the Illinois Finance Authority.

Eligibility:

Any unit of local government that is entitled to enter into a = lease-purchase=20 agreement under Illinois law may participate in this program. Qualified = local=20 government units include counties, townships, municipalities, schools, = and fire=20 protection, sanitary, park, library and other special purpose = districts.

Fee:

Fees include a non-refundable application fee, due when the = application is=20 submitted, and applicable closing costs. For a fee schedule, contact a = Funding=20 Manager at your local IFA office.

Contact:

To get started, click here for a simplified=20 application:

Simplified Local Government Application in = PDF Format Simplified Local Government Application in = Word Format=20

Full application:

Local Government Application in PDF Format Local Government Application in Word Format =

Contact Information, Legal, and Page Design

Chicago:=20 (312)651-1300 - Peoria: (309)495-5959 - Springfield (217) 782-5792 - Mt. = Vernon:=20 (618) 244-2424
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=C2=A9 2004 - 2010 Illinois Finance Authority. All = Rights Reserved.=20 info@il-fa.com / 800.717.6066 =
About = this Site=20
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