NOTICE OF PUBLIC HEARING
Notice is hereby given that on October 21, 2025, at 5:30 p.m., prevailing time, a public hearing will be held in the City Council Chambers located at 1500 Chapline Street, Wheeling West Virginia, at which time and place all parties and interests may appear before the Council of the City of Wheeling, West Virginia (the “Council”) and may be heard as to whether the following described Ordinance shall be put into effect.
AN ORDINANCE AUTHORIZING THE ISSUANCE OF NOT MORE THAN $12,000,000.00 AGGREGATE PRINCIPAL AMOUNT OF OGLEBAY PARK IMPROVEMENT REVENUE BONDS, SERIES 2025, FOR THE FINANCING OF A PORTION OF THE COSTS OF CERTAIN IMPROVEMENTS TO FACILITIES LOCATED AT OGLEBAY PARK; PROVIDING FOR THE COSTS OF ISSUANCE OF THE ABOVE BONDS; PROVIDING FOR THE RIGHTS AND REMEDIES OF AND SECURITY FOR THE REGISTERED OWNERS OF SUCH BONDS; AUTHORIZING THE SALE AND PROVIDING FOR THE TERMS AND PROVISIONS OF SUCH BONDS; AND ENACTING OTHER PROVISIONS RELATING THERETO.
The above-entitled Ordinance was introduced by the Council on September 16, 2025, and the second reading of such Ordinance occurred on October 7, 2025.
The above quoted title of the Ordinance describes generally the contents thereof and the purposes of the bond issue contemplated thereby (the “Bonds”). The proceeds of the Bonds will be used to provide a portion of the financing for (a) full guest room renovations to the Lakeside Wing of Oglebay Lodge, (b) construction and equipping of the “Base Camp Villas” to be located near the Lion Habitat at the Oglebay Good Zoo, (c) construction and equipping of the Lion Habitat at the Oglebay Good Zoo and (d) renovating and equipping the arrival area at the Oglebay Good Zoo and related and ancillary improvements (collectively, the “Project”). The Bonds are payable solely from net revenues to be derived from the ownership and operation of Oglebay Park, including Oglebay Lodge which is located within Oglebay Park, the National Training Center for Public Facilities Managers, and ancillary and related recreational facilities within Oglebay Park, including golf courses, pools, concessions and other fee generating services. No taxes may be levied at any time for the payment of the Bonds and the interest thereon.
A certified copy of the above-entitled Ordinance is on file in the office of the Clerk of the City of Wheeling for review by interested parties during regular office hours.
Following said public hearing, the City Council intends to consider the enactment of said Ordinance upon final reading.
/s/ Jessica Zalenski,
City Clerk
N.R. Oct 8, 15, 2025
