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Date:
October 18, 2021
Time:
7:30 PM
Location:

Town Hall Rotunda

Address:
39 N. Hickory Ave
Bel Air, MD 21014
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Public Hearing on Resolution 1174-21

Monday, October 18, 2021

The Town of Bel Air Board of Commissioners will hold a Public Hearing on Monday, October 18, 2021 at 7:30 p.m. to consider authorizing the issuance and private sale of an Infrastructure Bond.

NOTICE OF PUBLIC HEARING 

he Town of Bel Air, Maryland, will hold a public hearing to consider a resolution authorizing an aggregate principal amount not to exceed $9,500,000 of public debt (the “Bonds”) to be issued under the State of Maryland’s Local Government Infrastructure Financing Program, pursuant to the authority of Sections 4-101 through 4-255 of the Housing and Community Development Article of the Annotated Code of Maryland, as amended.  The purpose of this debt is to (i) finance all or a portion of the costs of renovation, expansion, and equipping of both the Town Hall and Town Police Department, (ii) funding a portion of a capital reserve fund, and (iii) to pay the costs of issuance of the Bonds.  

PLACE OF MEETING:  Town of Bel Air, Town Hall, 39 N. Hickory Avenue, Bel Air, MD  21014

TIME: 7:30pm

DATE: October 18, 2021

Written Public Comments may be submitted to the Town of Bel Air, 39 N. Hickory Avenue, Bel Air, MD  21014.


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