Mercer

2nd reading 800 Bee

ATTENTION PRINCETON
RESIDENTS

On Tuesday, the 10th day of December, 2019, at 6:30 p.m., in the Council Chambers of the Municipal Building, 800 Bee Street, Princeton, WV, the Building Commission for the City of Princeton will conduct a second reading and public hearing for the following:

AN ORDINANCE AUTHORIZING THE ISSUANCE BY THE CITY OF PRINCETON BUILDING COMMISSION OF NOT MORE THAN $6,000,000 IN AGGREGATE PRINCIPAL AMOUNT OF THE PRINCETON BUILDING COMMISSION LEASE REVENUE BONDS (MUNICIPAL MULTIUSE FACILITY AND RECREATIONAL CENTER PROJECT), SERIES 2019, TO PROVIDE A PORTION OF THE FUNDS TO ACQUIRE, CONSTRUCT, IMPROVE AND EQUIP A NEW MUNICIPAL MULTIUSE FACILITY AND RECREATAIONAL CENTER FOR THE CITY OF PRINCETON AND TO PAY OTHER COSTS IN CONNECTION THEREWITH AND APPROVING THE LEASING OF SAID MUNICIPAL FACILITY TO THE CITY OF PRINCETON, ALL AS MORE FULLY SET FORTH HEREIN; AUTHORIZING THE EXECUTION AND DELIVERY OF A BOND PURCHASE AGREEMENT, A DEED OF TRUST AND A LEASE WITH THE CITY OF PRINCETON; AUTHORIZING THE SALE OF SUCH BONDS AND TAKING OTHER NECESSARY ACTIONS IN CONNECTION WITH THE ISSUANCE AND SALE OF SUCH BONDS.

At said hearing any interested citizen may appear and be heard. Said hearing may be continued from time to time as deemed necessary by the Building Commission. For more information please contact the City Clerk, Monday through Friday, 8:30 a.m. to 4:30 a.m. at the Municipal Building or call (304) 487-5093.

Dated this the 15th day of
November, 2019
Kenneth E. Clay, City Clerk

ID: 328607