Letter of Interest Guidelines

Nonprofit organizations, quasi-governmental agencies (organizations that perform government functions but not controlled by the government) and private businesses are eligible to apply for the bonds and organizations must utilize the bonds by September 2028 (September 2027 for the 2024 allocation amount). If your application is approved, all expenses related to the PABs (legal fees, tax filing fees, etc.) must be paid by your organization, not Weld County.

Letters of interest are due by Friday, May 2, 2025, at 5 p.m. and should contain the following information:

1. The amount of Private Activity Bond allocation you are seeking. Please indicate if this amount is an “all of nothing”. Would you still be interested in a smaller portion of the allocation than what you are seeking? If so, is there a minimum amount you would be interested in?
2. A description of the company/organization receiving benefit of the proposed PAB issue, with accompanying current financial statements.
3. A description of the project in terms of economic impact.
4. A legal description of the property with evidence that the proposed use is in compliance with the Weld County’s Comprehensive Plan and zoning regulations or those of the municipality where the project is located.
5. A general description of the assets to be purchased and/or constructed and any other use of the proceeds of the bond issue.
6. Cost estimates for the proposed facility or facilities, and the amount of the proposed PAB issue.
7. Other funds that may be leveraged.
8. How many Weld County residents could be served with the request amount.
9. Demonstration of repayment abilities and schedules.
10. Project timetable.
11. The targeted income levels of people served.
12. How many new jobs would be created.
13. Market Study (if available).

Submit letters via email to Cheryl Pattelli, CFO, at cpattelli@weld.gov. For more information, view the Weld County Private Activity Bond Application.(PDF, 150KB)