Mercer

Reserve

NOTICE OF PUBLIC HEARING

ORDINANCE CREATING
RESERVE FUND WITHIN
TAZEWELL COUNTY ANNUAL BUDGET

PLEASE TAKE NOTICE that the Board of Supervisors of Tazewell County, Virginia, will conduct a public hearing on October 1, 2019 at 7:15 PM, or as soon thereafter as may be practical, at the Tazewell County Administration Building, located at 197 Main Street, Tazewell, Virginia 24651, and hereby gives its intent to adopt An Ordinance Creating a Reserve Fund in the Tazewell County Annual Budget.

The Ordinance Creating a Reserve Fund in the Tazewell County Annual Budget will create a Reserve Fund as part of the General Fund as denoted in the Tazewell County annual budget. The Ordinance will establish terms and conditions limiting the use of funds in the Reserve Fund to emergencies specifically authorized by Resolution of the Tazewell County Board of Supervisors. Further, the Tazewell County Board of Supervisors will allocate One Million Dollars ($1,000,000.00) to the Reserve Fund to establish its starting balance.

All persons wishing to comment on the proposed Ordinance Creating a Reserve Fund in the Tazewell County Annual Budget are hereby invited to attend and state their views thereon. In compliance with the Americans with Disabilities Act, if special assistance is needed to participate in a meeting of the Board of Supervisors, please contact the County Administrator’s Office by telephone at (276) 385-1322, by facsimile at (276) 988-4246, or by email at [email protected]. A notification of five (5) working days before the meeting will enable the County Administrator’s Office to make reasonable arrangements to ensure accessibility to the meeting.

A complete copy of the Ordinance Creating a Reserve Fund in the Tazewell County Annual Budget is posted on the Tazewell County Circuit Court’s bulletin board on the second floor of the Tazewell County Courthouse, located at 135 Court Street, Tazewell, Virginia 24651. A complete copy of the Ordinance Creating a Reserve Fund in the Tazewell County Annual Budget is also on file in the office of the County Administrator, located at 197 Main Street, Tazewell, Virginia 24651.

By Order of the Board of Supervisors of Tazewell County, Virginia
By: C. Eric Young, Tazewell County Administrator

ID: 302036