Virginia Local Finance » News & Notices

Meeting Notice – IDA of Stafford Co. & Staunton, VA

Robert — Tue, 10 Apr 2012 17:21:50 +0000

The Board of Directors of the Industrial Development Authority of the County of Stafford and the City of Staunton, Virginia will meet on Friday, May 4, 2012, at 11:30 a.m., at Restaurant Pomme, 115 S. Main Street, Gordonsville, VA 22942.

The Board of Directors will receive the FY 2011 Annual Financial Report, consider an extension of the audit services agreement for up to three years, consider approval of a resolution concerning the Fixed Rate Loan Program, and act on such other matters as may come before the meeting.

For additional information, contact:

Steven C. Mulroy, Deputy Director
VML/VACo Finance
919 E. Main Street, Suite 1100
Richmond, VA 23219

(804) 648-0635

2011-12 “Name that Virginia Locality” Champions

Robert — Mon, 19 Dec 2011 21:31:42 +0000

VML/VACo Finance congratulates the many good sports who participated in the “Name That Virginia Locality” trivia championship during the VML and VACo Annual Conferences. The high-scorers of the two conferences — Gary West of Dumfries and Jimmy Burrell of New Kent County — each went home with a $75 Target Gift Card and one year of bragging rights. See you next year!

VML Champs	VACo Champs
1. Gary West – Dumfries	1. Jimmy Burrell – New Kent Co.
2. Rock Racer – Luray	2. Andrew McRoberts – Goochland Co.
3. Rod Shepherd – Mt. Jackson	3. Conrad Helsley – Shenandoah Co.
4. Ed Owens – South Boston	4. Ellen McDaniel – Wythe Co.
5. Barbara Lambert – Wytheville	5. Benny Summerlin – Henry Co.
6. Rebecca Moore – Halifax	6. Mark Vigil – Spotsylvania Co.

VML/VACo Finance Highlighted in Town & City Magazine

Robert — Mon, 19 Dec 2011 20:44:32 +0000

The financial services arm of VML and VACo is expanding. VML/VACo Finance recently added new staff, moved to new offices in downtown Richmond, and now offers 4 low-cost ways to finance. Read about our changes in Town & City magazine.

Local Governments Reminded of Municipal Bond Disclosure Requirements

Robert — Mon, 13 Jul 2009 16:00:33 +0000

Local governments, their agents and other parties that are responsible for providing continuing disclosure documents pursuant to their continuing disclosure agreements, are required to make their filings at a single designated location operated by the Municipal Securities Rulemaking Board (MSRB). This web-based single filing location, the Electronic Municipal Market Access system, (EMMA), was created by the MSRB and is supported by many in the municipal securities industry, including issuer groups.

For issuers and other parties with less than $10 million in municipal securities outstanding, annual financial and operating information that previously would have been provided to investors upon request are, for new issues on or after July 1, 2009, required to be submitted to EMMA. Issuers are encouraged to visit the EMMA web site (www.emma.msrb.org) to become familiar with the system.

What Issuers Need to Know

An issuer will meet its continuing disclosure responsibilities, as dictated by their continuing disclosure agreements, for previously issued and newly issued bonds, by filing at EMMA. Issuers are encouraged to consult with their bond or disclosure counsel about their specific continuing disclosure agreements, and ensure that all new agreements clearly state that continuing disclosure filings will be made with EMMA. There are no costs associated with making EMMA filings. Issuers will register with the system and identify and upload documents that will then be available to the public and investors. The format for submitting continuing disclosure documents to EMMA is as a portable document format (PDF) file.

Additionally, issuers and other parties will be able to submit past annual financial filings and material event notices to EMMA, as well as voluntary filings not contemplated under continuing disclosure agreements.

If Your Loan is Through VML/VACo Finance

VML/VACo Finance continues to coordinate disclosure for all of our participants.

More Information

For more information, go to EMMA, a service of the Municipal Securities Rulemaking Board, or contact Jennifer A. Galloway, Chief Communications Officer at MDRB at jgalloway@msrb.org.