NOTICE OF PUBLIC HEARING ON NORTH BECKLEY PUBLIC SERVICE DISTRICT BOND RESOLUTION The Public Service Board (the “Board”) of North Beckley Public Service District (the “District”) will meet in regular session on Thursday, June 11, 2015, at 4:30 p.m., prevailing time, at the District’s offices at 122 Clear Water Lane, Beckley, Raleigh County, West Virginia, to hold a public hearing on the following Bond Resolution: RESOLUTION AUTHORIZING THE ACQUISITION AND CONSTRUCTION OF ADDITIONS, BETTERMENTS AND IMPROVEMENTS TO THE SEWER TREATMENT AND DISTRIBUTION FACILITIES OF NORTH BECKLEY PUBLIC SERVICE DISTRICT AND THE FINANCING OF THE COSTS, NOT OTHERWISE PROVIDED, THEREOF THROUGH THE ISSUANCE BY THE DISTRICT OF NOT MORE THAN $2,500,000 IN AGGREGATE PRINCIPAL AMOUNT OF SEWER REVENUE BONDS, 2015 SERIES B (WEST VIRGINIA INFRASTRUCTURE FUND); PROVIDING FOR THE RIGHTS AND REMEDIES OF AND SECURITY FOR THE REGISTERED OWNERS OF SUCH BONDS; AUTHORIZING EXECUTION AND DELIVERY OF ALL DOCUMENTS RELATING TO THE ISSUANCE OF SUCH BONDS; APPROVING, RATIFYING AND CONFIRMING A LOAN AGREEMENT RELATING TO SUCH BONDS; AUTHORIZING THE SALE AND PROVIDING FOR THE TERMS AND PROVISIONS OF SUCH BONDS; AND ADOPTING OTHER PROVISIONS RELATING THERETO. The Bonds will be issued to finance (i) the costs of acquisition and construction of additions, betterments, improvements and extensions to the existing public sewerage facilities of the District, including, but not limited to, the construction of a new sewer collection system to replace the existing sewer collection system of the Stanaford Acres subdivision and line extensions to the existing System (the “Project”), (ii) funding a debt service reserve fund, if required, (iii) paying capitalized interest, if necessary, and (iv) the costs of issuance of the Bonds and related costs of the Project. The Board of the District expects to adopt the Bond Resolution following the public hearing. A copy of the Bond Resolution is on file at the District’s office. /s/ Todd Robinson Secretary 5-29-FRI-1-RH; L 3019
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