McDonald VFD

ON THE PROPOSED FINANCING BY McDonald Volunteer Fire Department

 

NOTICE IS HEREBY GIVEN the McDonald Volunteer Fire Department located in McDonald, Pennsylvania (the Issuer), will allow for public comment on Sunday, March 2, 2025, at 5:00pm EST until 6:00PM EST, via the following: local phone number 724-926-9190, for the purpose of holding a public hearing pursuant to the requirements of Section 147(f) of the Internal Revenue Code of 1986, as amended, on a proposal the Issuer enter into an agreement to finance certain equipment. The equipment to be financed consists of One (1) NEW Custom Spartan Pumper Truck and will be maintained at the fire station in McDonald, Pennsylvania.

 

To finance the costs of such equipment and to pay costs and expenses incidental to the financing, the Issuer proposes to enter into a loan agreement with a maximum aggregate principal amount not to exceed $930,000.00. The Issuer will be required to pay all taxes on the equipment. The rental payments due pursuant to the loan agreement will be secured by a security interest in the equipment.

 

All persons interested may phone in and be heard at said time and place or may file written comments with the McDonald Volunteer Fire Department prior to the date of hearing set forth heretofore.

 

Date Published: Tuesday, February 20, 2025 @ 11:22AM EST