PUBLIC NOTICE PUBLIC NOTICE OF REGULAR MEETING AND SUMMARY OF PROPOSED BOND ORDINANCE OF CITY OF MEADVILLE, CRAWFORD COUNTY, PENNSYLVANIA, PURSUANT TO LOCAL GOVERNMENT UNIT DEBT ACT Notice is hereby given that the City Council of the City of Meadville, Pennsylvania (the "Municipality") will hold a regularly scheduled meeting for general purposes on Wednesday, September 17, 2014 at 6:00 PM, prevailing time in the Meadville City Building, the Conference Room, 894 Diamond Park, Meadville, PA16335, at which meeting, or at any other properly constituted meeting duly called and held on any date not less than three nor more than thirty days after the publication of this notice, the Municipality will consider, in addition to other general business, the enactment of an ordinance authorizing the incurrence of nonelectoral indebtedness of the Municipality, in an aggregate principal amount of approximately $10,000,000 evidenced by one or more series of the Municipality's General Obligation· Bonds, Series of 2014 to pay the cost of a capital improvement project and refund certain of the Municipality's previously issued and outstanding bonds, and providing further for: the filing of a Debt Statement, the form, date, denomination, term, interest rates and other characteristics of bonds to evidence said indebtedness, the execution of the bonds, the general obligation nature of the bonds, the covenant to appropriate funds for the payment of the bonds, the pledge of taxing power to secure the bonds, the establishment of a sinking fund, the sale of the bonds, the approval of an Official Statement, the application of the proceeds of the bonds, the non-arbitrage covenant, the provision of bond insurance, the execution of a continuing disclosure agreement and other proper matters. The Municipality may also act on such other matters·as may properly be presented to the meeting.A copy of the full text of the proposed Ordinance summarized above may be examined by any citizen on normal business days between 9:00 AM and 4:00 PM at the Office of the City Clerk, Meadville City Building, 894 Diamond Park, Meadville, PA 16335 Andrew Walker Interim City Manager 9/11/2014
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