Allocation Procedures
Effective Dec 9, 2016Published Jan 29, 2016Mass. Register #1305St. 1988, § 211Executive Office for Administration and Finance
- (1) Issuers of private activity bonds may request an allocation of state ceiling from A&F in accordance with the procedures set forth in 801 CMR 30.04. In addition, issuers of solid waste disposal facility bonds requesting an allocation of state ceiling from A&F, shall also follow the procedures set forth in 801 CMR 30.05.
(2) Requests for allocation shall be in writing and shall provide the following information prior to the anticipated issuance of the bonds for the project:
- (a) Notice of intent to issue the bonds, from the proposed issuer;
- (b) Issuer name and address;
- (c) Name and brief description of the project;
- (d) Location of the project;
- (e) Name and address of the borrower (except where the borrower has not been finally determined);
- (f) The bond financing amount;
- (g) The date the financing for the project or program is expected to close and the bonds for the project or program to be issued; and
- (h) Any other information A&F may require.