Public Hearing
11feb7:00 pm7:00 pm Public HearingTown Hall, 211 Central Ave
Event Details
On Tuesday, the 11th day of February, 2025, the Council of the Town of Tazewell, Virginia, will conduct a public hearing on the proposed issuance of one or
Event Details
On Tuesday, the 11th day of February, 2025, the Council of the Town of Tazewell, Virginia, will conduct a public hearing on the proposed issuance of one or more series of general obligation water and sewer bonds of the Town of Tazewell in the estimated maximum principal amount of $15,500,000. The purposes of the proposed bonds, together with other available funds, are (a) to finance improvements to the Town’s water and wastewater systems, including (without limitation) (i) waterline replacements, (ii) the development of an asset management plan and (iii) wastewater treatment plant rehabilitation and (iv) related expenses, and (b) to pay costs associated with issuing such bonds. In addition to the pledge of the Town’s full faith and credit to the repayment of the bonds, the Town may also pledge net revenues from its water and sewer systems.
The public hearing, which may be continued or adjourned, will be conducted at 7:00 p.m. in the Town Council Chambers, Tazewell Municipal Building, 211 Central Avenue, Tazewell, Virginia 24651. Interested persons may appear at such time and place and present their views.