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Private Activity Bond Guidelines (pdf 24kb)
Private Activity Bond Application
Private Activity Bond Ranking Criteria
Industrial Development Bonds Q&A
What is a Private Activity Bond?
Private Activity Bonds (PAB) are municipal bonds issued by a "municipality" (any city, town or county) for the purpose of financing land, buildings and/or equipment for manufacturing, industrial, agricultural or business enterprises. This financing technique may also be used for low and moderate income housing projects, hospital facilities or pollution control projects.
The City is accepting applications until March 1, 2010.
Applications are reviewed and scored based on criteria outlined in the guidelines. City Council endorses those projects who meet the most criteria and add value to the community. Boulder County or the State of Colorado is then the inducing government that actually issues the Bonds. City endorsed applicants will also have their applications reviewed by one of these two government entities and there may be additional fees required.
back to Economic Development (Community Development) Home Page
If you have any questions,
please contact
Phil DelVecchio, Economic Development Department, 303-651-8318,
e-mail phil.delvecchio@ci.longmont.co.us;