PUBLIC NOTICE NOTICE OF ENACTMENT OF 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, Crawford County, Pennsylvania, at a meeting held on February 20, 2013, adopted an Ordinance titled and summarized 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. The maximum interest rates on the Bonds ranged from 4.500% on October 1, 2013 to 4.500% on October 1, 2037. The minimum price bid for the Bonds will not be less than 95.00%. The final text of the Ordinance, as adopted by the Municipality, may be examined by any citizen at the Office of the City Clerk, City of Meadville, 894 Diamond Park, Meadville, Pennsylvania, on normal business days between 9:00 a.m. and 4:00 p.m. Joesph A. Chriest City Manager City of Meadville 02/26/13
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