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City Authorizes SNAP for Bond Proceeds Investment

Manassas Park City Public Schools
Document date
Feb 2, 2021
Renews
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The 30-second brief

What it covers

Manassas Park authorized use of the State Non-Arbitrage Program to invest proceeds from its Economic Development Authority Lease Revenue Bonds. SNAP will help manage bond funds and ensure federal arbitrage compliance during the financing term.

Who holds it

State Non-arbitrage Program of the Commonwealth of Virginia holds this financial services contract with Manassas Park City Public Schools. Its other public contracts on record include work for Bedford County and Botetourt County.

What happens next

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Contract details

Contract type
Financial Services
Document date
February 2, 2021
Term
For duration of investment of bond proceeds, aligned with Lease Revenue Bond lifecycle
Renews
On record
Vendor
State Non-arbitrage Program of the Commonwealth of Virginia
Agency
Manassas Park City Public Schools
Source document
manassas-park-city-governing-body-agenda-city-hall-bonds-downtown-redevelopment-feb-2-2021_299.md (Agenda)

State Non-arbitrage Program of the Commonwealth of Virginia's other public contracts

Bedford County, VirginiaBedford County Authorizes State Non-Arbitrage Program Use · Oct 13, 2026UndisclosedBotetourt County, VirginiaCounty Authorizes SNAP Use for Lease Proceeds Investment · Mar 10, 2026UndisclosedAccomack County, VirginiaCounty Authorizes Use of SNAP Investment Program · Mar 16, 2022Undisclosed

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Questions about this contract

Who was awarded the financial services contract by Manassas Park City Public Schools?

State Non-arbitrage Program of the Commonwealth of Virginia was awarded this financial services contract by Manassas Park City Public Schools, as recorded on February 2, 2021.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in manassas-park-city-governing-body-agenda-city-hall-bonds-downtown-redevelopment-feb-2-2021_299.md (Agenda), dated February 2, 2021 from Manassas Park City Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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