NOTICE OF PROPOSED TAX-EXEMPT LOAN TO VOLUNTEER FIRE DEPARTMENT
Last updated 12/2/2020 at 5:26pm
NOTICE OF PROPOSED
TAX-EXEMPT LOAN TO VOLUNTEER FIRE DEPARTMENT
TO ALL MEMBERS OF THE GENERAL PUBLIC WHO RESIDE WITHIN THE FIRE DISTRICT OF THE Connestee Fire Rescue, Inc. [name of the Volunteer Fire Department] (“VFD”). A public hearing will be held on December 17, 2020, at 7 p.m. a Connestee Fire Rescue, Inc. located at 400 East Fork Road Brevard, NC 28712, for the purpose of approving a proposed tax-exempt loan by First-Citizens Bank & Trust Company to the VFD. At this meeting, you may submit written comments or participate orally. All members of the public are invited to attend. In connection with this public meeting, please note the following:
1. PURPOSE OF LOAN (check applicable purpose):
(a) (_X__) For the refinance of a fire station for the VFD.
(b) (___) The purchase of a fire truck or fire trucks. 2. AMOUNT OF LOAN: The maximum principal amount of the loan is $260,000.00.
The VFD will own and operate the station or fire truck(s) to be financed at the VFD’s address which is:
2047 Walnut Hollow Road
Brevard, NC 28712