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BOND ISSUANCE PROCESS
PHASE I
Pre-Qualification
 
PHASE II
Approval
 
PHASE III
Issuance
  • Project Analysis
  • Federal, State & Issuer Requirements
  • Resolution of Intent to Incur Tax-exempt Debt
  • Credit Analysis
  • Site Control
  • Credit Commitment
 
  • Issuer Application
  • Public TEFRA Hearing
  • Issuer Adopts Resolution of Reimbursement
  • Approval of Draft Documents
  • City Council Approval
  • State Approval
  • Final Documentation
  • Bond Rating
  • Bond Sale
  • Funding to Trustee
Timing   Timing   Timing
5 to 15 Days   60 to 120 Days   15 to 45 Days

 

1200 West 7th Street, 6th Floor, Los Angeles, CA 90017
213-744-7111 | 213-744-9395 (TTY) | 213-744-9382 (Fax)

 

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