South Pittsburgh Reporter - Serving South Pittsburgh Since 1939

 
 

Notice

 

June 10, 2008



NOTICE IS HEREBY GIVEN THAT ON JUNE 9, 2008, AT BOROUGH COUNCIL CHAMBERS, 150 Brownsville ROAD, PENNSYLVANIA, THE OFFICERS OF THE BOROUGH OF MT. Oliver, Allegheny County, PENNSYLVANIA, ENACTED AN ORDINANCE (NO. 907) AUTHORIZING THE ISSUANCE OF A GUARANTEED REVENUE NOTE, IN THE PRINCIPAL AMOUNT OF $763,500.00 TO PENNVEST, AT PAR, BEARING INTEREST AT RATES OF 2.109% PER ANNUM FOR 60 MONTHS; THEN 2.965% PER ANNUM FOR 180 MONTHS. THE NOTE IS A GUARANTEED REVENUE NOTE OF THE LOCAL GOVERNMENT UNIT AND ITS OFFICERS ARE DIRECTED TO DO ALL ACTS NECESSARY AND PROPER FOR THE ISSUANCE AND SECURING OF SAID NOTE. NO AMENDMENTS WERE MADE DURING THE FINAL PASSAGE OF THIS ORDINANCE.

A COPY OF THE FULL TEXT OF THE ORDINANCE AS ENACTED MAY BE EXAMINED BY ANY CITIZEN IN THE OFFICE OF THE SECRETARY OF THE LOCAL GOVERNMENT UNIT AT BOROUGH OF MT. Oliver, 150 Brownsville ROAD, MT. Oliver, PENNSYLVANIA 15210, ON ANY BUSINESS DAY (EXCEPT SATURDAYS AND SUNDAYS) BETWEEN THE HOURS OF 8:00 A.M. AND 3:45 P.M ., PREVAILING TIME.

JOANNE M. MALLOY

BOROUGH SECRETARY

 

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