NOTICE IS HEREBY GIVEN the Sharpsburg Volunteer Fire Department, Inc. located in Sharpsburg, Pennsylvania (the Issuer), will allow for public comment on November, 19, 2020, at 6:30pm., via the following: local or toll free phone number 412-781-1116 for the purpose of holding a public hearing pursuant to the requirements of Section 147(f) of the Internal Revenue Code of 1986, as amended, on the proposal the Issuer enter into an agreement to finance certain equipment. The equipment to be financed consists of One (1) Custom Spartan Aerial Ladder Truck and will be maintained at the fire station in Sharpsburg, Pennsylvania.
To finance the costs of such equipment and to pay costs and expenses incidental to the financing, the Issuer proposes to enter into a loan agreement with a maximum aggregate principal amount not to exceed $700,000.00. The Issuer will be required to pay all taxes on the equipment. The rental payments due pursuant to the loan agreement will be secured by a security interest in the equipment.
All persons interested may phone in and be heard at said time and place or may file written comments with the Sharpsburg Volunteer Fire Department, Inc. prior to the date of the hearing set forth heretofore.
Date Published: November 3, 2020