Applications

Bond Application

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Enterprise Zone Application
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See Application Exhibits

Applications that are complete and accurate will be promptly reviewed and acted upon by the Board of Directors. A non-refundable application fee must accompany a completed application upon submission. Submit completed application to wribley@siedail.com.

Bond Fees:

  • Application Fee- A $2,000 non-refundable application fee is due when the application is submitted.
  • Issuance Fee- This service fee is 80 Basis Points (0.0080) x bond amount on Private Entities issues and 40 Basis Points (.0040) x bond amount on Not-for-Profit Issues, and 15 Basis Points (.0015) x bond amount on Government issues.
  • Other miscellaneous fees include the cost of the Issuer and Underwriter / Lender Bond Counsel.

Enterprise Zone Fees:

  • Application Fee- A $2,000 non-refundable application fee is due when the application is submitted.
  • Administrative Fee- The administration fee is equal to .5% (0.005) times the cost of building materials, not to exceed $50,000.

Fee payments are payable to Southeastern Illinois Economic Development Authority (SIEDA) and sent to SIEDA Office: PO Box 9079 Springfield, IL 62791.

Expanded Benefits

Contact Executive Director Warren Ribley to learn more about the Expanded Benefits.