Request for Proposals Short-Term Bridge Loan FEMA-4867-DR
Description
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Bid Title:
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Request for Proposals Short-Term Bridge Loan FEMA-4867-DR
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Category:
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City Hall
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Status:
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Open
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Description:
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The City of Poplar Bluff, Missouri (the “City”) is seeking proposals from qualified financial institutions for a short-term bridge loan to cover losses and immediate expenditures resulting from the March 14, 2025 tornado while the City awaits reimbursement from the Federal Emergency Management Agency (FEMA) for Major Disaster Declaration FEMA-4867-DR. The grand total for the loan will not exceed $2,000,000. The City proposes a single payment due December 31, 2026. Interest payment(s) negotiable.
All proposals must be submitted by 10:00 a.m. on Tuesday, July 8, 2025 to the City Clerk, 501 Vine Street, Poplar Bluff, Missouri, 63901, in a sealed envelope marked “Short-Term Bridge Loan – Major Disaster Declaration FEMA-4867-DR”.
The City reserves the right to reject any and all proposals and to negotiate any particulars in the proposals received.
For additional information please contact:
Lori Phelps
City Clerk/Treasurer
Assistant City Manager
501 Vine Street
Poplar Bluff, Missouri 63901
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573-686-8620
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Publication Date/Time:
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6/17/2025 12:00 AM
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Closing Date/Time:
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7/8/2025 10:00 AM
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