Summary
The Board of the Herndon Borough Jackson Township Joint Municipal Authority (HBJTJMA) is soliciting proposals from qualified financial institutions for a Line of Credit or similar loan product for the financing of a municipal project, specifically the Authority's Waterline Project and State Route 147 Project. The loan has a principal amount of approximately $1,000,000.00 over a 20-year term, with repayment anticipated through Authority revenues and/or other legally available funds. Proposals must be received by the Authority no later than August 18, 2026, at 5:00 p.m., and shall be delivered to the Authority's Chairman at P.O. Box 381, Herndon, PA 17830.