Legal Notices

NOTICE OF PUBLIC HEARING ON THE TOWN OF MILTON BOND ORDINANCE A public hearing will be held on the following entitled Ordinance at a regular meeting of the Council of the Town of Milton (the “Town”) to be held on Tuesday, August 3, 2021, at 7:00 pm at the Town of Milton, Town Hall, 1139 Smith Street, Milton, West Virginia, and at such hearing any person interested may appear before the Town and present protests, and all protests and suggestions shall be heard by the Town and it shall then take such actions as it shall deem proper in the premises upon an Ordinance entitled: ORDINANCE AUTHORIZING THE PAYMENT OF THE SEWERAGE SYSTEM DESIGN BOND ANTICIPATION NOTE, SERIES 2019, THE ACQUISITION AND CONSTRUCTION OF CERTAIN ADDITIONS, BETTERMENTS AND IMPROVEMENTS TO THE EXISTING PUBLIC SEWERAGE FACILITIES OF THE TOWN OF MILTON, AND THE FINANCING OF THE COST, NOT OTHERWISE PROVIDED THEREOF, THROUGH THE ISSUANCE BY THE TOWN OF MILTON OF NOT MORE THAN $7,900,000 IN AGGREGATE PRINCIPAL AMOUNT OF SEWER REVENUE BONDS, SERIES 2021 A (UNITED STATES DEPARTMENT OF AGRICULTURE) IN ONE OR MORE SERIES; DEFINING AND PRESCRIBING THE TERMS AND PROVISIONS OF THE BONDS; PROVIDING GENERALLY FOR THE RIGHTS AND REMEDIES OF AND SECURITY FOR THE HOLDER OF THE BONDS; AND PROVIDING WHEN THIS ORDINANCE SHALL TAKE EFFECT. The above quoted title of the Ordinance describes generally the contents thereof and the purposes of the Bonds contemplated thereby. The Town contemplates the issuance of the Bonds described in the Ordinance. The proceeds of the Bonds will be used to (i) pay the Sewerage System Design Bond Anticipation Note, Series 2019; (ii) pay the costs of acquisition and construction of certain additions, betterments and improvements to the existing sewerage system of the Issuer (the “Project”); and (iii) pay certain costs of issuance and related costs. This Bond is payable only from and secured by a pledge of the Net Revenues to be derived from the operation of the System of the Town. No taxes may at any time be levied for the payment of the Bond or the interest thereon. The above-entitled Ordinance was adopted by the Council of the Town of Milton on July 6, 2021. A certified copy of the above entitled Ordinance is on file with the Town for review by interested parties during regular office hours. Following the public hearing, the Town intends to enact the Ordinance upon final reading. Dated: July 12, 2021 /s/ Tom Canterbury Mayor LH- 7-20,27;2021