Notice of Public Hearing on the Proposed Financing By
Hooverson Heights Volunteer Fire Department Inc.
NOTICE IS HEAR BY GIVEN that the HOOVERSON HEIGHTS VOLUNTEER FIRE DEPARTMENT, INC. of FOLLANSBEE, BROOKE COUNTY, WEST VIRGINIA will meet on April 23, 2020 promptly at 6:00 PM at the HOOVERSON HEIGHTS VOLUNTEER FIRE DEPARTMENT, at 116 May Road, FOLLANSBEE, WEST VIRGINIA for the purpose of holding a public hearing pursuant to the requirements of section 147(f) of the Internal Revenue Code of 1986, as amended, on a proposal to enter into an agreement in order to finance certain equipment. The equipment to be financed consists of a Sutphen Pumpers and which will be located at Hooverson Heights Volunteer Fire Department, 116 May Road Follansbee West Virginia.
To finance the cost of such equipment and to pay costs and expenses incidental to the financing, the issuer proposes to enter into a loan agreement in the maximum aggregate principal amount of $ 370,000.00. The issuer will be required to pay all taxes on the equipment. The rental payment due pursuant to the loan agreement will be secured by a security interest in the equipment. All persons interested may appear and be heard at said time and place or may file written comments with the date of hearing set forth heretofore. Dated: 23 day of April, Two Thousand and Twenty.
BY ORDER OF THE HOOVERSON HEIGHTS VOLUNTEER FIRE DEPARTMENT, INC.
Robert V. Carroll, Chief
4-17, 2020 Adv.
