Towns County Herald
Towns County

Dec 03, 2012 | 96 views | email to a friend | print


You are hereby notified that there will be heard before the Judge presiding in the Superior Court of Towns County, Georgia on the 19th day of December, 2012, at 1 p.m., at the Courthouse of the Superior Court of Towns County in the City of Hiawassee, Georgia, the case of the State of Georgia v. City of Hiawassee, Georgia, Civil Action No. 12-CV-355-SG, the same being a proceeding to confirm and validate the issuance of the City of Hiawassee, Georgia Water and Sewerage Revenue Bond, Series 2012 in a principal amount of $996,000 (the

Series 2012 Bond ). The Series 2012 Bond is being issued by the City of Hiawassee, Georgia (the City ) for the purpose of providing funds to (a) finance, together with other funds available or to be made available, the cost of acquiring, constructing and installing certain extensions and improvements (the Series 2012 Project ) to a municipal water and sewerage system owned and operated by the City, (b) refund the loan or loans incurred by the City in order to finance the costs of the Series 2012 Project prior to the issuance of the Series 2012 Bond and (c) pay the costs of issuance of the Series 2012 Bond.

Pursuant to O.C.G.A. Section 36-82-100, the City hereby notifies all interested parties that no independent performance audit or performance review (the Independent Audit Requirement ) will be conducted with respect to the Series 2012 Bonds. However, the City will ensure that the proceeds of the Series 2012 Bonds are expended efficiently and economically as intended by the Independent Audit Requirement.

Any citizen of the State of Georgia residing in Towns County, or any other person wherever residing, who has a right to objection, may intervene and come a party to these proceedings.

This the 30th day of November, 2012

Cecil Dye

Clerk, Superior Court

Towns County, Georgia