Legal Notices

THE CITY OF HUNTINGTON NOTICE OF PUBLIC HEARING REGARDING BOND AUTHORIZING ORDINANCE (WESTMORELAND FIRE STATION) A public hearing will be held on the following-entitled Ordinance at a regular meeting of the City Council of The City of Huntington to be held on Monday, August 14, 2023, at 7:30 p.m., in the Council Chambers, City Hall, 800 5th Avenue, Huntington, West Virginia and at such hearing any person interested may appear before the Council and present protests, comments and suggestions, and all protests, comments and suggestions shall be heard by the Council and it shall then take such action as it shall deem proper in the premises upon an Ordinance entitled: AN ORDINANCE AUTHORIZING AND APPROVING THE CONVEYANCE OF REAL PROPERTY, FIXTURES AND PERSONAL PROPERTY AND APPURTENANCES TO THE CITY OF HUNTINGTON BUILDING COMMISSION FOR THE PURPOSE OF FACILITATING THE DESIGN, ACQUISITION, CONSTRUCTION, RENOVATION AND EQUIPPING OF A CITY OF HUNTINGTON WESTMORELAND FIRE STATION BY THE CITY OF HUNTINGTON ON BEHALF OF THE CITY OF HUNTINGTON BUILDING COMMISSION; THE LEASING OF SUCH REAL PROPERTY AND ALL PROJECT IMPROVEMENTS AND APPURTENANCES THERETO BY THE CITY OF HUNTINGTON FROM THE CITY OF HUNTINGTON BUILDING COMMISSION; THE SALE AND ISSUANCE BY THE CITY OF HUNTINGTON BUILDING COMMISSION OF NOT TO EXCEED $5,000,000 IN PRINCIPAL AMOUNT OF LEASE REVENUE BONDS, IN ONE OR MORE SERIES TO PAY ALL OR A PORTION OF THE COSTS OF THE PROJECT AND COSTS OF ISSUANCE OF THE BONDS; AUTHORIZING THE EXECUTION AND DELIVERY OF AN AGREEMENT AND LEASE AND OTHER INSTRUMENTS AND AUTHORIZING AND APPROVING OTHER DOCUMENTS AND MATTERS RELATING TO THE TERMS AND SECURITY OF SUCH BONDS; AND PROVIDING FOR OTHER MATTERS IN CONNECTION THEREWITH. The above-entitled Ordinance has been approved by the City Council of The City of Huntington (the “City”) upon first reading on July 24, 2023. The above-quoted title of the Ordinance describes generally the contents thereof and the purposes of the Bond issue contemplated thereby. The proceeds of the Bonds will be used to design, acquire, construct and equip on the real property a public safety building with all necessary appurtenances in connection therewith to be located on real property in the City (the “Project”). The City approves the issuance of Lease Revenue Bonds, in one or more series, by the City of Huntington Building Commission (the “Building Commission”) for the purpose of facilitating the financing of costs of the Project, all as described in the Ordinance. The Ordinance also approves the leasing of the Project facilities by the City from the Building Commission pursuant to an Agreement and Lease, by and between the City and the Building Commission (the “Lease”) and the payment of lease rentals by the City to the Building Commission at such time and in such amount as to pay the principal of and interest on the Bonds as the same becomes due and payable. The Bonds will be payable solely from the lease rentals to be paid by the City to the Building Commission pursuant to the Lease. No taxes may at any time be levied for the payment of the Bonds or the interest thereon. A certified copy of the above-entitled Ordinance is on file at the office of the City Clerk of The City of Huntington for review by interested parties during regular office hours. Following said public hearing, the City Council intends to consider enactment of said Ordinance upon final reading and placement of such Ordinance into effect if such action appears to be appropriate after taking into consideration the comments and suggestions made at the public hearing. Dated: July 28, 2023. Barbara Miller Barbara Miller City Clerk LH-157122 08-01,08;2023