NOTICE OF PUBLIC HEARING ON
THE COUNTY COMMISSION OF HAMPSHIRE COUNTY ORDINANCE
A public hearing will be held on the followingentitled Ordinance at a meeting of The County Commission of Hampshire County (the “County Commission”) to be held on Tuesday, September 13, 2016, at 9:30 am at 66 N. High Street, Romney, West Virginia, and at such hearing any person interested may appear before the County Commission and present protests, and all protests and suggestions shall be heard by the County Commission and it shall then take such actions as it shall deem proper in the premises upon an Ordinance entitled:
THE COUNTY COMMISSION OF HAMPSHIRE COUNTY
AN ORDINANCE APPROVING THE ADVANCE REFUNDING OF THE HAMPSHIRE COUNTY BUILDING COMMISSION’S MUNICIPAL BUILDING LEASE REVENUE REFUNDING BONDS, SERIES 2012, THE AUTHORIZATION, SALE AND ISSUANCE OF MUNICIPAL BUILDING LEASE REVENUE REFUNDING BONDS, SERIES 2016, OF THE HAMPSHIRE COUNTY BUILDING COMMISSION FOR SUCH PURPOSE, AND THE CONTINUED LEASING OF THE FACILITIES BY THE COMMISSION TO THE COUNTY COMMISSION OF HAMPSHIRE COUNTY; PRESCRIBING THE FORMS AND AUTHORIZING THE EXECUTION AND DELIVERY OF AN AGREEMENT AND LEASE, A BOND PURCHASE AGREEMENT, AN OFFICIAL STATEMENT AND OTHER INSTRUMENTS AND APPROVING OTHER DOCUMENTS AND MATTERS RELATING TO THE TERMS AND SECURITY OF SUCH BONDS; AND PROVIDING FOR CERTAIN OTHER MATTERS IN CONNECTION THEREWITH.
The abovequoted title of the Ordinance describes generally the contents thereof and the purposes of the Bonds contemplated thereby. The County Commission contemplates the issuance of the Bonds described in the Ordinance. The proceeds of the Bonds will be used to (i) advance refund the Hampshire County Building Commission’s Lease Revenue Refunding Bonds, Series 2012 A (Judicial Annex Project) (the “Project”); and (ii) to pay certain costs of issuance of the Bonds and related costs. The Bonds are payable from the revenues derived from the Lease. No taxes may at any time be levied for the payment of the Bonds or the interest thereon.
The above-entitled Ordinance was adopted by The County Commission of Hampshire County on August 9, 2016. A certified copy of the aboveentitled Ordinance is on file with the County Commission for review by interested parties during regular office hours.
Following the public hearing, the County Commission intends to enact the Ordinance upon final reading.
/s/ Steve Slonaker
President
373900.00004
8-31-2c