|
BCPL Task |
Action |
Estimated Time |
YOUR Task |
| |
You print the appropriate worksheet (above) and contact us if you need additional information or assistance |
|
X |
| |
You mail or fax the signed worksheet to our office with supporting documentation |
1-2 days |
X |
|
X |
BCPL staff prints a loan application and mails it to your clerk or district administrator |
2-3 days |
|
| |
At your next council or board meeting, you present for action the application containing the proper resolution |
7-30 days |
X |
| |
You mail to us the completed and signed application with minutes of the meeting |
2-5 days |
X |
|
X |
BCPL staff reviews the application materials, follows up if there are any questions, then forwards your application to the Attorney General’s office |
4 days |
|
| |
Legal staff at the Attorney General’s office review your application |
14 days |
|
|
X |
Our Board meets to approve the loan |
7-14 days |
|
|
X |
BCPL sends you a letter of approval with a form for requesting funds |
2-3 days |
|
| |
You send BCPL a request for funds; funds may be requested as needed at any time you choose |
Up to four months (your choice) |
X |
|
X |
BCPL sends you a Certificate of Indebtedness |
2-3 days |
|
| |
You sign the Certificate and return it by mail |
2-5 days |
X |
|
X |
BCPL sends you a check and amortization schedule by mail, or wires money to your bank |
2-5 days |
|
