Follow-up Notice and Ordinance:
NOTICE IS HEREBY GIVEN that on May 17, 2021, the Board of Supervisors of the Lower Heidelberg Township (the “Township”) enacted an Ordinance which, among other things, authorized the incurring of non-electoral debt in the maximum principal amount of $12,750,000 (the “Bonds”) and awarded the Bonds to the underwriter. A summary of the Ordinance was advertised on May 11, 2021, and the proposed text has been available for examination at the office and on the website of the undersigned.
No amendments or insertions were made to the Ordinance on final enactment.
The Bonds shall be purchased at a purchase price not less than 90% or more than 120% of the aggregate principal amount of the Bonds, plus accrued interest and shall bear interest at rates not in excess of 5.0% per annum.
A copy of the full text of the proposed Ordinance as finally enacted may be examined by any citizen at the Township’s website (www.lowerheidelbergtownship.org) or the Township Building, 720 Brownsville Road, Sinking Spring, Pennsylvania 19608, on regular business days from 9:00 a.m. to 3:00 p.m., prevailing time.
The proceedings for the incurring of the debt above referred to will be filed with the Pennsylvania Department of Community and Economic Development, Harrisburg, Pennsylvania (the “Department”), on or after May 24, 2021. Under the terms of the Pennsylvania Local Government Unit Debt Act, 53 Pa. Cons. Stat. §8001 et seq., as amended, the time for filing any complaint with the Department asserting the invalidity of the proceedings or any part thereof, is limited and attention is directed to the specific requirements of said Act.
LOWER HEIDELBERG TOWNSHIP By: Pamela J. Stevens
Ordinance: Debt Ordinance 2021 Bonds
Original Notice: The following notice concerns the May 17, 2021 Board of Supervisors Meeting which will also contain discussion and possible voting on Bond refinancing. The meeting shall be a virtual meeting for all attendees. The public is invited to participate by logging into the meeting via the Zoom platform. The virtual meeting attendance information will be made available by contacting Pamela Stevens at 610-678-3393 and/or firstname.lastname@example.org The meeting shall be recorded and minutes placed on the Township website as Draft Minutes. Questions and comments may be received before the meeting via e-mail to email@example.com up to 9:00 a.m. the day of the meeting and during the meeting either by requesting to speak or via the Zoom Chat option. Pamela J. Stevens, Lower Heidelberg Township Manager, Secretary and Treasurer