Category: Public Notices Public Notices Source: Butler Eagle Marketplace Listed: Fri Oct 2nd
LEGAL NOTICE NOTICE IS HEREBY GIVEN that on October 12, 2026, at 6:00 P.M., at the Foxburg Community Center, 42 Railroad Street, Foxburg, PA 16036, the officers of the Council of the Borough of Foxburg, Clarion County, Pennsylvania, at a meeting to be held within not less than three (3) days nor more than thirty (30) days from the date of publication of the notice, will consider for enactment an Ordinance (the Ordinance). The summary of this Ordinance is a follows: The Ordinance authorizes the incurrence of lease rental debt to the Pennsylvania Infrastructure Investment Authority, evidenced by the guaranteed revenue note in an amount not to exceed $3,344,148.00, principal amount to be authorized and issued by the Foxburg Area Water and Sewer Authority (Authority) in connection with the construction alterations and improvements to the water system facilities located in and about this Borough of Foxburg; provides for the payment of associated related costs, fees and expenses; specifies the realistic useful life of the Project; authorizes and directs appropriate officers of the Borough of Foxburg to take certain actions and to execute certain documents, including a guaranty agreement between the Borough of Foxburg as Guarantor, the Authority and the Pennsylvania Infrastructure Investment Authority; Approves the form, maximum guaranteed amounts, and sources of payment of the guaranty agreement, and pledges the full faith, credit and taxing power of this Borough of Foxburg in support thereof; creates a sinking fund in connection with such guaranty obligations and appoints a sinking fund depository and provides for the repeal of all inconsistent ordinances or parts of ordinances. A copy of the full text of the proposed Ordinance and Guaranty Agreement approved by this Ordinance may be examined by any citizen in the office of the Secretary of the local government unit at 42 Railroad Street, Foxburg, Pennsylvania 16036, on any business day (except Saturdays and Sundays) between the hours of 8:00 A.M. and 5:00 P.M., prevailing time. Secretary of the Borough of Foxburg 42 Railroad Street Foxburg, PA 16036 DATED: October 2, 2026