The Bond Bank program may eliminate the need to bid the financing (IC 5-1.5-8-3(c)). The governing body must still follow the provisions of the public purchase law (IC 5-22-2) as applicable. The Bond Bank will be provided copies of all lease documentation at closing by the lease provider. Please check with your municipal advisor or bond counsel regarding the potential materiality this proposed lease may represent with repsect to other outstanding debt or financial obligations.