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Home/Member Services & Solutions/Finance/Submit an Application

Loan Application

Financial Services

The KLC Financial Services Department provides low interest loans to Kentucky cities and municipal agencies. For nearly 20 years, KLC has given cities and agencies financial options that help make dreams come true! Dozens of Kentucky communities have used KLC's programs to fund construction of parks, fire stations, city halls, water parks, water and sewer systems and infrastructure. Whether it is the low interest rate, the quick turnaround or the flexibility of the program, KLC's goal is to give members the best possible service at the lowest possible price.

Lessee Information. (* Indicates a required field)

*Name:

*Address:

*City:

*State:

*Zip:

*Lessee Contact Name:

*Title:

*Email Address:

*Phone Number:

Fax Number:

*Federal Employer ID Number:

*Lessee Council/Commission Meeting Dates:

(ex: First Monday, each Month)

Has Lessee borrowed other funds this calendar year:

If Yes, describe other borrowing(s):

Lease Information

*Project Description

*Lease Term Requested (months)

*Lease Amount Requested:

Interest Rate Type:

Fixed:
Variable:

Useful life of the project (years)

Reimbursement:

Refinancing:

If refinancing, describe obligations to be refinanced:

Funding Date Requested:

Form of Lease

Lessee Information
(General Obligation Leases Only)

Assessed Value of Property as of Date of last Assessment from Property Valuation Authority:

Population:

Outstanding Principal Amount of General Obligation Debt:

Lessee Information
(Revenue Leases Only)

Source of revenues (e.g. project; utility system, etc)

Outstanding obligations payable from revenue source

Will revenue pledge be on a parity with, subordinate or superior to revenue pledge for other obligations?

If any third party not owned or controlled by Lessee will be using the project or provide payment or security for the Lease, provide the name and describe the organization (e.g. corporation, nonprofit) and provide financial information.

Mail:

1. Three years financial statements
2. Latest bond ordinance/resolution (utility financing only)

To:

Kentucky League of Cities
Attn: Finance Department
100 E. Vine St.
Suite 800
Lexington, KY 40507

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