Notice of Public Hearing (Public Debt - Infrastructure Bonds) - June 7, 2017
The City of Takoma Park, Maryland, will hold a public hearing to consider an Ordinance authorizing an amount not to exceed $9,000,000.00 of public debt (the “Bonds”) to be issued under the State of Maryland’s Local Government Infrastructure Financing Program, pursuant to the authority of Section 4-230 of the Housing and Community Development Article of the Annotated Code of Maryland, as amended. The purpose of this debt is to finance a portion of the costs of 1) Takoma Park Library and Community Center renovations; 2) construction of the Flower Avenue Green Street Project and the Ethan Allen Gateway Project, including, but not limited to, roadway and streetscape improvements such as ADA compliant sidewalks and ramps and LED street lighting; and 3) to pay the costs of issuance of the bonds. The public hearing will be held in the Takoma Park Community Center Auditorium, 7500 Maple Ave., Takoma Park, Maryland at 7:30 p.m. on Wednesday, June 7, 2017. Written public comments may be submitted to the City of Takoma Park in care of the City Clerk, 7500 Maple Avenue, Takoma Park, MD 20912 or via email at email@example.com.