ON THE PROPOSED FINANCING BY Town of Niagara Active Hose Company
NOTICE IS HEREBY GIVEN the Town of Niagara Active Hose Company, Inc., located in Town of Niagara, NY,, will allow for public comment through May 20, 2024, at 5pm., via email at [email protected] for the purpose of satisfying the public hearing 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 2-2024 Chevy Tahoe SSV's and will be maintained by the fire department located in the Town of Niagara/Niagara Falls NY, 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 98,000.00 The Issuer will be required to pay all taxes on the equipment if applicable. The rental payments due pursuant to the loan agreement will be secured by a security interest in the equipment. All persons interested may be heard throughout the public comment range stated above or may file written comments with the Town of Niagara Active Hose Company Inc., prior to the date of hearing set forth heretofore.
Date Published/Posted: May 8, 2024