Notice of Public Hearing on Financing Contract
THE PUBLIC SHALL TAKE NOTICE that the City Council of the City of Graham, North Carolina, will hold a Public Hearing on April 15, 2014, at 6:00p.m. in the Council Chambers of the City of Graham Municipal Building, 201 S. Main St., Graham, NC. The purpose of the meeting will be to receive public comment on a proposal to engage in an installment purchase financing contract under North Carolina General Statute 160A, Article 3, Section 20. The principal amount of the contract is anticipated not to exceed $6.9 million to finance a Water Plant Improvement and Water and Sewer Line Extension project. Following the public hearing, the City Council will consider approving the financing contract. Interested persons may obtain additional information by contacting the City of Graham Finance Office at (336) 570-6700 or at 201 S. Main St, Graham, NC.