November 20, 2019
NOTICE OF PUBLIC HEARING
ON THE PROPOSED FINANCING BY Hartford Volunteer Fire Company, Inc. NOTICE IS HEREBY GIVEN THE Hartford […]
ON THE PROPOSED FINANCING BY
Hartford Volunteer Fire Company,
NOTICE IS HEREBY GIVEN THE Hartford Volunteer Fire
Company, Inc. located in Hartford, New York (the Issuer), will meet on December
10, 2019, at 7:05p.m., at the Hartford Town Hall, 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 a proposal the Issuer enter into an
agreement to finance certain equipment.
The equipment to be financed consists of One (1) Custom Pumper Truck and
will be maintained at the fire station in Hartford, New York.
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
$535,000.00. 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 appear and be heard at said
time and place or may file written comments with the Hartford Volunteer Fire
Company, Inc. prior to the date of hearing set forth heretofore.
Submitted by: Denise
Hartford Town Clerk