NOTICE IS HEREBY GIVEN the West Point Volunteer Fire Department & Rescue Squad, Inc. located in West Point, Virginia (the Issuer), will allow for public comment through Friday, October 20, at 4 pm., via email at [email protected] or via phone at 804-761-5335, for the purpose of satisfying the public hearing requirements of Section 147(f) of the Internal Revenue Code of 1986, as amended, on a proposal the Issuer enter into an agreement to finance certain equipment. The equipment to be financed consists of a 100-foot ladder truck and will be maintained at the fire station in West Point, Virginia.
To finance the costs of such equipment and to pay costs and expenses incidental to the financing, the Issuer proposes to enter into a loan agreement with a maximum aggregate principal amount not to exceed $1,600,000. The Issuer will be required to pay all taxes on the equipment. The rental payments due pursuant to the loan agreement will be secured by a security interest in the equipment.
All persons interested may be heard throughout the public comment range stated above, or may file written comments with the West Point Volunteer Fire Department & Rescue Squad, Inc. prior to the date of hearing set forth heretofore.
Date Published/Posted: Thursday, October 12, 2023