Project Information

Bid Title

JEFFERSON COUNTY COMMISSION REQUESTS FOR PROPOSALS WITH REGARD TO LEASE REVENUE BONDS (JEFFERSON COUNTY GOVERNMENT AND JUDICIAL COMPLEX PROJECT) SERIES 2025

Issuing Agency

County of Jefferson

Location

West Virginia

Published Date

Apr 9, 2025

Closing Date

Apr 25, 2025

Government Level

State & Local

Status

Closed

Original Source

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Bid Documents

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Project Description

REQUEST FOR PROPOSALS

JEFFERSON COUNTY COMMISSION REQUESTS FOR PROPOSALS WITH REGARD TO LEASE REVENUE BONDS (JEFFERSON COUNTY GOVERNMENT AND JUDICIAL COMPLEX PROJECT) SERIES 2025

TO BE ISSUED BY THE JEFFERSON COUNTY BUILDING COMMISSION FOR THE BENEFIT OF THE COUNTY COMMISSION OF JEFFERSON COUNTY, WEST VIRGINIA

The Jefferson County Commission is requesting proposals from underwriters, placement agents, and banks for the issuance of up to $16 million in Lease Revenue Bonds (Series 2025) by the Jefferson County Building Commission. The bonds will fund the acquisition, renovation, and equipping of properties at 393 N. Lawrence Street and 330 North George Street in Charles Town, WV, to create a new Government and Judicial Complex.

The bonds will be issued as conduit financing, secured by a Deed of Trust on the property and repaid solely through lease payments from the County Commission under a Lease Agreement. These bonds are limited obligations and not backed by the full faith, credit, or taxing power of the County, the Issuer, or the State.

Proposals must address interest rates, redemption terms, amortization schedules (up to 30 years), disbursement methods, reserve fund requirements, issuance costs, payment schedules, and any additional conditions. Submissions are due by 11:00 a.m. on Friday, April 25, 2025, to Edwina Benites, County Administrator.

Questions should be directed to Ms. Benites at (304) 728-3284 or ebenites@jeffersoncountywv.org . The County reserves the right to reject any or all proposals.

LEASE REVENUE BOND RFP #20250409

Attachment #1

Jefferson County Government and Judicial Complex

Attachment #2

Commodity Codes

• NAICS 531120Lessors of Nonresidential Buildings (except Miniwarehouses)
• NAICS 541611Administrative Management and General Management Consulting Services

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