NOTICE OF BOND ISSUE FOR PUBLIC IMPROVEMENT Notice is hereby given that on June 2, 2026, the Commission of the Village of the City of Gallipolis, Ohio, duly passed Ordinance No. 02026-14 authorizing the issuance of Road Improvement Bonds, Series 2026 of the Village for the purpose of paying part of the costs of road improvements. Such bonds are to be issued in a principal amount not to exceed $425,000, and it has been determined that notes shall not be issued in anticipation of such bonds. The bonds shall be issued in such principal amount for the purpose aforesaid, be dated, be of denominations, mature or be subject to mandatory sinking fund redemption on dates and in amounts, provided that the total principal and interest payments on the Bonds in any fiscal year in which principal is payable shall not be more than three times the amount of such payments in any other fiscal year. The final maturity of the bonds shall be not later than December 31, 2041, and shall bear interest payable semiannually or such other times on dates and at an interest rate not to exceed 7% per annum, payable from the Municipality’s general fund. The bonds may be subject to call for redemption prior to their stated maturity, or not at all, as set forth in the Certificate of Award and shall be designated “Road Improvement Bonds, Series 2026”. Shelly Clonch City Auditor as Clerk of the City Commission
CITY OF GALLIPOLIS
PO BOX 339
GALLIPOLIS
OH
45631
740-441-6003
ID: 1511068