2 PUBLIC HEARINGS- Town Council Tuesday, Sept. 5th, 2017

September 1, 2017

 

 

The Abita Springs Town Council will hold two Public Hearings on Tuesday, September 5, 2017 at 5:30PM. Discussions will include the ISSUANCE OF NOT EXCEEDING $7,000,000. OF TAXABLE UTILITY BONDS PURSUANT TO THE NOTICE OF INTENTION AUTHORIZED BY THE MAYOR AND BOARD OF ALDERMEN PURSUANT TO A RESOLUTION ADOPTED ON JUNE 20, 2017 and the ADOPTION OF INSTRUMENT 2017-006  AN ORDINANCE AUTHORIZING THE ISSUANCE BY THE TOWN OF ABITA SPRINGS, STATE OF LOUISIANA OF ITS TAXABLE UTILITIES REVENUE BONDS, SERIES 2017, IN AN AMOUNT NOT TO EXCEED SEVEN MILLION DOLLARS ($7,000,000), PRESCRIBING THE FORM, TERMS AND CONDITIONS OF SAID BONDS; PROVIDING FOR THE PAYMENT THEREOF; ENTERING INTO CERTAIN OTHER COVENANTS AND AGREEMENTS IN CONNECTION WITH THE SECURITY AND PAYMENT OF SAID BONDS; SELLING SAID BONDS TO THE CLEAN WATER STATE REVOLVING FUND; AUTHORIZING THE EXECUTION OF A LOAN AND PLEDGE AGREEMENT AND OTHER LOAN DOCUMENTS WITH THE LOUISIANA DEPARTMENT OF ENVIRONMENTAL QUALITY; PROVIDING FOR THE DELIVERY OF THE BONDS TO SAID DEPARTMENT; AND PROVIDING FOR OTHER MATTERS IN CONNECTION THEREWITH. The Hearings will be held on in the Abita Springs Town Hall, 22161 Level St. Abita Springs, LA 70420. Any interested party may attend. 

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