ON THE PROPOSED FINANCING BY Warminster Fire Department
NOTICE IS HEREBY GIVEN the Warminster Fire Department located in Warminster, Pennsylvania (the Issuer), will allow for public comment until July 21st, 2020 at 7:00pm via the following: local phone number 215-441-4474 or firstname.lastname@example.org, for the purpose of holding a public hearing pursuant to the 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 One (1) 2019 Ferrara Custom 107′ Aerial Ladder Truck (Demo) and will be maintained at the fire station in Warminster, Pennsylvania. 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 $914,472.00. 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 phone in and be heard at said time and place or may file written comments with the Warminster Fire Department prior to the date of hearing set forth heretofore.
Date Published: July 14th, 2020