Legal 2 col x 6”
0914 0921
NOTICE OF PUBLIC HEARING
TOWN OF CLAY
NOTICE OF PUBLIC HEARING
ON SEWER FUNDING ASSISTANCE ORDINANCE
A public hearing will be held on the following entitled Ordinance at a special meeting of the Council of the Town of Clay to be held on Tuesday, September 26, 2023 at 5:30 p.m., in the Council Chambers at the Clay Town Hall, 956 Main Street, Clay, West Virginia, and at such hearing any person interested may appear before the Council and present protests, all objections and suggestions shall be heard by the Council and it shall then take such actions as it shall deem proper in the premises upon an Ordinance entitled:
ORDINANCE AUTHORIZING CERTAIN ADDITIONS, BET-
TERMENTS AND IMPROVEMENTS TO THE SEWERAGE
PORTION OF THE COMBINED WATERWORKS AND SEW-
ERAGE SYSTEM OF THE TOWN OF CLAY AND THE
FINANCING OF THE COST THEREOF, NOT OTHERWISE
PROVIDED, THROUGH THE ACCEPTANCE BY THE TOWN
OF FUNDING ASSISTANCE IN AN AGGREGATE PRINCI-
PAL AMOUNT NOT TO EXCEED $1,500,000 THROUGH
THE WEST VIRGINIA CLEAN WATER SRF PROGRAM;
AUTHORIZING EXECUTION AND DELIVERY OF ALL
DOCUMENTS RELATING TO ACCEPTANCE OF SUCH
FUNDING; AND PROVIDING FOR THE APPROVAL OF THE
FUNDING ASSISTANCE AGREEMENT RELATING TO
SUCH FUNDING ASSISTANCE.
The above-entitled Ordinance was enacted by the Council of the Town of Clay on September 12, 2023.
The above quoted title of the Ordinance describes generally the contents thereof and the purposes of the funding assistance contemplated thereby. The Town of Clay contemplates entering into the Funding Assistance Agreement in an aggregate principal amount not to exceed $1,500,000 among the West Virginia Water Development Authority, the West Virginia Department of Environmental Protection and the Town of Clay (the “Funding Assistance Agreement”) described in said Ordinance. The proceeds of the Funding Assistance Agreement will be used to provide financing for a portion of the costs of the design, acquisition, construction and equipping of certain additions, betterments and improvements to the sewerage system for the Town of Clay. No taxes may at any time be levied for the payment amounts advanced pursuant to the Funding Assistance Agreement.
A certified copy of the above-entitled Ordinance is on file at the office of the Municipal Administrator of the Town of Clay in the Clay Town Hall, 956 Main Street, Clay, West Virginia, for review by interested parties during regular office hours.
Following the said public hearing, the Council intends to enact said Ordinance on final reading and put said Ordinance into effect.
Dated: September 14, 2023.
/s/ Melody Hubbard, Recorder