PUBLIC NOTICE NOTICE OF INTENT TO ADOPT ORDINANCE BY THE BOROUGH OF CONNEAUTVILLE NOTICE IS HEREBY GIVEN that on April 8, 2013, at 7:00 P.M., at 906 Main Street, Conneautville, Pennsylvania, the officers of the Borough Council of the Borough of Conneautville, Crawford County, Pennsylvania, will act on an ordinance (of which this notice is a summary) authorizing the awarding and issuance of a $940,000.00, principal amount, non electoral Guaranteed Revenue Note, at a private sale to the Pennsylvania Infrastructure Investment Authority (PENNVEST). If enacted, the ordinance will award the Note to PENNVEST, approve the form of the Note, fix the rate of interest to be paid, including maximum interest rate, pledge the full faith credit of the Borough of Conneautville and the revenues of the Boroughs water system for the payment thereof, designate the debt to be incurred as non-electoral, create a sinking fund and authorize the proper officers to take the necessary steps to issue the Note. The funds to be obtained from the borrowing will be used for the following purpose: Financing of Borough of Conneautville 2010 Water Project. A copy of the full text of the proposed ordinance may be examined by any citizen in the office of the Secretary of the Borough of Conneautville at 906 Main Street, Conneautville, Pennsylvania, on any business day (except Saturdays and Sundays) between the hours of 10:00 A.M. and 4:00 P.M., prevailing time. Joyce McMillin Secretary of Borough of Conneautville 04/01/13
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