PHN – CAPITAL IMPROVEMENT

City of Rockford
(Official Publication)
CITY OF ROCKFORD
NOTICE OF PUBLIC HEARING
ON INTENTION TO ISSUE
GENERAL OBLIGATION CAPITAL IMPROVEMENT PLAN BONDS
AND PROPOSAL TO ADOPT
A CAPITAL IMPROVEMENT
PLAN THEREFOR
NOTICE IS HEREBY GIVEN, that the City Council of the City of Rockford, Minnesota will meet on Thursday, February 20, 2014, at approximately 5:00 P.M. at the Rockford City Hall, 6031 Main Street, Rockford, MN 55373, for the purpose of conducting a public hearing on (a) the intention to issue general obligation capital improvement plan bonds in an amount not to exceed $650,000 and (b) the proposal to adopt a capital improvement plan therefor. The proceeds of the bonds will be used to finance the construction of capital improvements within the City, pursuant to Minnesota Statutes, Section 475.521.
All persons interested may appear and be heard at the time and place set forth above.
If a petition requesting a vote on the issuance of the bonds is signed by voters equal to 5 percent of the votes cast in the City in the last municipal general election and is filed with the City within 30 days after the public hearing, the bonds may only be issued upon obtaining the approval of the majority of the voters voting on the question of issuing the bonds.
Individuals unable to attend the public hearing can make written comment by writing to Nancy Carswell, City Administrator of the City of Rockford, 6031 Main Street, Rockford, Minnesota 55373. Written comments must be received prior to the public hearing.
BY ORDER OF THE
CITY COUNCIL
/s/ Nancy Carswell
City Administrator

2/6/14, 3SCT, PHN Capital Improvement Bonds, 172664

Comments Closed

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