PUBLIC NOTICE NOTICE OF MEETING AND SUMMARY OF PROPOSED DEBT ORDINANCE OF CITY OF MEADVILLE, CRAWFORD COUNTY, PENNSYLVANIA, PURSUANT TO LOCAL GOVERNMENT UNIT DEBT Notice is hereby given that the City Council of the City of Meadville, Pennsylvania (the "Municipality") will hold a meeting on Wednesday, February 20, 2013 at 6:00 p.m., prevailing time in the Meadville City Building, 894 Diamond Park, Meadville, PA 16335 on the first floor, or in the alternative at a meeting of the Council not less than three nor more than thirty days from the date of advertisement of this notice, for general purposes and for the purpose of considering and acting upon a proposed Bond Ordinance (the "Ordinance") authorizing the issuance of the Municipality's General Obligation Bonds, Series of 2013, in two series, taxable and tax-exempt, in an estimated aggregate principal amount of $20,000,000, a summary of the substantive provisions of which Ordinance is as follows: AUTHORIZING THE INCURRING OF NONELECTORAL DEBT THROUGH THE ISSUANCE OF GENERAL OBLIGATION BONDS, IN TWO SERIES, IN THE MAXIMUM AGGREGATE PRINCIPAL AMOUNT OF TWENTY MILLION AND 00/100 DOLLARS ($20,000,000.00); COVENANTING TO PAY, AND PLEDGING TAXING POWER FOR THE PAYMENT OF THE BONDS; ESTABLISHING A SINKING FUND AND APPOINTING A SINKING FUND DEPOSITORY; FIXING THE FORM, MAXIMUM INTEREST RATE, MATURITY, REDEMPTION AND OTHER PROVISIONS FOR THE PAYMENT THEREOF; ACCEPTING ONE OR MORE PROPOSALS FOR THE PURCHASE OF THE BONDS; AUTHORIZING A FILING OF REQUIRED DOCUMENTS WITH THE DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT; RATIFYING AND DIRECTING CERTAIN ACTIONS OF OFFICERS; AND MAKING CERTAIN OTHER COVENANTS AND PROVISIONS IN RESPECT OF THE BONDS. 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 a.m. and 4:00 p.m. at the Office of the City Clerk, City of Meadville, 894 Diamond Park, Meadville, Pennsylvania. Joseph A. Chriest, City Manager City of Meadville, Pennsylvania 02/16/13
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