Category: Legal Notices Government Notices
Source: News-Gazette Digital Classifieds
Starting on: Wed Dec 31st
NOTICE OF PUBLIC HEARING
BY THE BUENA VISTA PUBLIC SERVICE AUTHORITY
Notice is hereby given that on November 16, 2023, beginning at 6:00 p.m. or as soon thereafter as may be heard, the Board of the Buena Vista Public Service Authority (the Authority) will hold a public hearing to receive public comment and to consider the adoption of a proposed Resolution authorizing the issuance by the Authority of an aggregate not to exceed $5,424,000 Water Revenue Bond (the Bond). The Authority would issue the Bond to the United States of America, acting through Rural Utilities Service, an Agency of the United States Department of Agriculture (RUS), to pay capital costs to (a) purchase all of the various water system assets owned by the Economic Development Authority of Buena Vista, Virginia, (b) refinance and restructure the outstanding amount of the Authoritys 2011A Bonds, and (c) pay costs of issuance in connection with such undertakings(the Project). The Authority would pledge water revenues to repay the Bond and establish certain reserve accounts as required by RUS.
The public hearing, which may be continued or adjourned, will be held before the Board of the Authority in the City Council Chambers at the Buena Vista City Hall, located at 2039 Sycamore Avenue, Buena Vista, Virginia 24416. Any person interested in the Project, the Authoritys issuance of the Bond, or any other matters in connection with such financing may appear at the hearing, and may present comments. The Authority Board may set time limits on speakers and other rules and procedures for the conduct of this public hearing. Written comments regarding the proposed Resolution may be delivered or mailed to the Authority Board prior to the public hearing at the address above or given to the Authority Board during the hearing.
BUENA VISTA PUBLIC SERVICE AUTHORITY
Jason Tyree, Executive Director
Source: News-Gazette Digital Classifieds
Starting on: Wed Dec 31st
NOTICE OF PUBLIC HEARING
BY THE BUENA VISTA PUBLIC SERVICE AUTHORITY
Notice is hereby given that on November 16, 2023, beginning at 6:00 p.m. or as soon thereafter as may be heard, the Board of the Buena Vista Public Service Authority (the Authority) will hold a public hearing to receive public comment and to consider the adoption of a proposed Resolution authorizing the issuance by the Authority of an aggregate not to exceed $5,424,000 Water Revenue Bond (the Bond). The Authority would issue the Bond to the United States of America, acting through Rural Utilities Service, an Agency of the United States Department of Agriculture (RUS), to pay capital costs to (a) purchase all of the various water system assets owned by the Economic Development Authority of Buena Vista, Virginia, (b) refinance and restructure the outstanding amount of the Authoritys 2011A Bonds, and (c) pay costs of issuance in connection with such undertakings(the Project). The Authority would pledge water revenues to repay the Bond and establish certain reserve accounts as required by RUS.
The public hearing, which may be continued or adjourned, will be held before the Board of the Authority in the City Council Chambers at the Buena Vista City Hall, located at 2039 Sycamore Avenue, Buena Vista, Virginia 24416. Any person interested in the Project, the Authoritys issuance of the Bond, or any other matters in connection with such financing may appear at the hearing, and may present comments. The Authority Board may set time limits on speakers and other rules and procedures for the conduct of this public hearing. Written comments regarding the proposed Resolution may be delivered or mailed to the Authority Board prior to the public hearing at the address above or given to the Authority Board during the hearing.
BUENA VISTA PUBLIC SERVICE AUTHORITY
Jason Tyree, Executive Director