CITY OF NEW CASTLE, PENNSYLVANIA ENACTMENT NOTICE UNDER THE LOCAL GOVERNMENT UNIT DEBT ACT Notice is hereby given that the City Council of New Castle, Pennsylvania, at a meeting held on February 12, 2015, adopted an Ordinance titled and summarized as follows: FORMAL ACTION CONSTITUTING A DEBT ORDINANCE UNDER THE LOCAL GOVERNMENT UNIT DEBT ACT AUTHORIZING THE INCURRING OF NONELECTORAL DEBT THROUGH THE ISSUANCE OF GENERAL OBLIGATION BONDS AND/OR NOTES IN THE MAXIMUM AGGREGATE PRINCIPAL AMOUNT OF SEVENTEEN MILLION AND 00/100 DOLLARS ($17,000,000.00); COVENANTING TO PAY, AND PLEDGING TAXING POWER FOR THE PAYMENT OF THE BONDS AND/OR NOTES; ESTABLISHING A SINKING FUND AND APPOINTING A SINKING FUND DEPOSITORY; FIXING THE FORM, INTEREST RATE, MATURITY, REDEMPTION AND OTHER PROVISIONS FOR THE PAYMENT THEREOF; ACCEPTING A PROPOSAL FOR THE PURCHASE OF THE BONDS AND/OR NOTES; AUTHORIZING A FILING OF REQUIRED DOCUMENTS WITH THE DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT; RATIFYING AND DIRECTING CERTAIN ACTIONS OF OFFICERS; AND MAKING CERTAIN OTHER COVENANTS AND PROVISIONS IN RESPECT OF THE BONDS AND/OR NOTES. The Ordinance was amended from its proposed form to finalize the maximum interest rates and maturity dates. The maximum interest rate on the Bonds, ranged from 6.00% on November 15, 2015 to 6.00% on November 15, 2035. The Bonds will be purchased at not less than 99% of the principal amount, less original issue discount, plus original issue premium and accrued interest, by Boenning & Scattergood, Inc., Pittsburgh, PA. The final text of tile Ordinance, as adopted by the City, may be examined by any citizen at the Office of the City Clerk, City of New Castle, 230 North Jefferson Street, New Castle, Pennsylvania, on normal business days between 8:30 a.m. and 4:30 p.m. City of New Castle Stephanie Dean Chief Financial Officer, City of New Castle, Pennsylvania Legal: February 21, 2015 NOTICE TO CREDITORS Estate of Fedora G Buly of New Castle, Lawrence County, Pennsylvania, Deceased 12/25/2014. Letters of Administration have been granted to the undersigned, who requests all persons having claims or demands against the Estate of the Decedent to make known the same, and all persons indebted to the Decedent to make payments without delay to: Michael D Buly Executor, 321 Gardner Ct. Road, New Castle, PA. Legal: February 21, 28, March 7, 2015 SCHEDULE CHANGE ANNOUNCEMENT Effective March 2, 2015 The management of the NCATA announce a schedule change o its Ellwood City Run #76. Beginning on March 2, 2015 the Ellwood City run will operate only on Monday, Tuesday & Fridays and not operate everyday. The hours of operation for the Ellwood City run will stay exactly the same but we unfortunately must reduce the days that we operate to Ellwood City. The New Schedule will be posted on our website. If you have any questions pertaining to this change, please call our main office at 724-654-3130. Legal: February 21, 24, 26, 2015 SCHEDULE CHANGE ANNOUNCEMENT Effective March 2, 2015 The management of the NCATA announce a schedule change to its Grove City Run #75. Beginning on March 2, 2015 we will be making a few adjustments to this run. We will no longer be running all the way to the Grove City Outlets, as this run will go through New Wilmington and stop at Volant Mills and return to our Transfer Center. Also this run to Volant Mills will only operate on Wednesday, Thursday & Saturdays and not operate everyday. The Wednesday and Thursday runs will begin at 8:05 am and continue till 6:05 pm. The Saturday operation will begin at 10:15 am and continue till 6:05 pm. We unfortunately must reduce the days that we operate to Volant due to declining ridership. The New Schedule will be posted on our website. If you have any questions pertaining to this change, please call our main office at 724-654-3130. Legal: February 21, 24, 26, 2015
↧