NOTICE OF PUBLIC HEARING
There will be a second reading and public hearing on Tuesday, January 8, 2019 at 6:30 p.m. at the Beckley Raleigh County Convention Center, 200 Armory Drive on the following Ordinance:
ORDINANCE OF THE
CITY OF BECKLEY
ORDINANCE AUTHORIZING THE ACQUISITION, PLANNING, ESTABLISHMENT, EQUIPPING AND CONSTRUCTION OF A NEW FIRE STATION #3 BY THE BECKLEY BUILDING COMMISSION, AUTHORIZING THE LEASING OF SUCH FACILITIES BY THE BUILDING COMMISSION TO THE CITY OF BECKLEY; APPROVING THE SALE, ISSUANCE AND DELIVERY OF NOT TO EXCEED $5,000,000 BECKLEY BUILDING COMMISSION LEASE REVENUE BONDS (CITY OF BECKLEY FIRE STATION PROJECT) SERIES 2019 A (BANK QUALIFIED TAX-EXEMPT) TO PROVIDE FUNDS, ALONG WITHOTHER FUNDS AVAILABLE THEREFROM, TO FINANCE THE COSTS IN CONNECTION WITH THE PLANNING, ACQUISITION, DESIGN, CONSTRUCTION AND EQUIPPING OF CERTAIN CAPITAL IMPROVEMENTS, AND PAY COSTS OF ISSUANCE THEREOF; AND PRESCRIBING THE FORMS AND AUTHORIZING THE EXECUTION AND DELIVERY OF A CONTRACT OF LEASE PURCHASE AND OTHER INSTRUMENTS AND AUTHORIZING AND APPROVING OTHER DOCUMENTS AND MATTERS RELATING TO THE TERMS AND SECURITY OF SUCH BONDS; RECOGNIZING THE REASONABLE EXPECTATION OF THE CITY TO REIMBURSE THE CITY FOR CAPITAL EXPENDITURES MADE PRIOR TO THE ISSUANCE OF BANK QUALIFIED TAX-EXEMPT BONDS, AND PROVIDING FOR CERTAIN OTHER MATTERS IN CONNECTION THEREWITH.
This Ordinance is available for inspection at Beckley City Hall, 409 South Kanawha Street, Monday through Friday between the hours of 8:30 a.m. and 4:30 p.m..
1-3-THU-1-RH; LG 189886
ID: 189886