Applications which 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.

Bond Fees:

  • Application Fee
  • A $2,000 non-refundable application fee is due when the application is submitted. Please make checks payable to the Upper Illinois River Valley Development Authority.
  • 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 Government/Not-for-Profit Issues.
  • Other misc. fees include cost of Authority Counsel.