Tyler

Public Notice

NOTICE OF PUBLIC HEARING ON
THE CITY OF SISTERSVILLE BOND ORDINANCE

A public hearing will be held on the followingentitled
Ordinance at a regular meeting of the Council of The
City of Sistersville (the “City”) to be held on Monday,
May 10, 2021, at 7:00 p.m., at the Sistersville Volunteer
Fire Department, 121 Maple Lane, Sistersville, West
Virginia, and at such hearing any person interested may
appear before the Council and present protests, and all
protests 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:

ORDINANCE AUTHORIZING THE DESIGN AND
OTHER PRE-CONSTRUCTION SERVICES FOR THE
ADDITIONS, BETTERMENTS AND IMPROVEMENTS
TO THE EXISTING SEWERAGE SYSTEM OF THE
CITY OF SISTERSVILLE AND THE FINANCING OF
THE COST, NOT OTHERWISE PROVIDED,
THEREOF THROUGH THE ISSUANCE BY THE CITY
OF SISTERSVILLE OF NOT MORE THAN $500,000 IN
AGGREGATE PRINCIPAL AMOUNT OF SEWERAGE
SYSTEM DESIGN REVENUE BONDS, SERIES 2021
A (WEST VIRGINIA SRF PROGRAM); 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 BOND PURCHASE
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 abovequoted title of the Ordinance describes
generally the contents thereof and the purposes of the
Bonds contemplated thereby. The City contemplates the
issuance of the Bonds described in the Ordinance. The
proceeds of the Bonds will be used to (i) to pay the
costs of design and other pre-construction activities for
certain additions, betterments and improvements to the
existing sewerage system of the Issuer (the “Design
Project”); and (ii) to pay certain costs of issuance of the
Bonds and related costs. The Bonds are payable solely
from revenues to be derived from the ownership and
operation of the potable sewerage system of the City.
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
Council of The City of Sistersville on April 20, 2021. A
certified copy of the aboveentitled Ordinance is on file
with the City for review by interested parties during
regular office hours.

Following the public hearing, the Council intends to
enact the Ordinance upon final reading.

Dated: April 22, 2021.
William Rice, Mayor

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