April 24: Back to Back Select Board Hearings on Flood Repair Financing

TOWN OF ORANGE, NH

NOTICE OF PUBLIC HEARINGS PURSUANT TO RSA 32:5 AND RSA 33:8-a

Notice is hereby given that the Budget Committee and Select Board of the Town of Orange, NH will each hold separate public hearings on the following proposals:  (1) for an appropriation of $1,187,000 (one million, one hundred eighty seven thousand dollars) for the purpose of the repair of Town roads following the flash flood event of July 2019; such sum to be raised by the issuance of serial bonds or notes not to exceed the aforesaid amount, under and in compliance with the provisions of the Municipal Finance Act (RSA 33:1 et seq., as amended) and to authorize the Select Board to issue and negotiate such bonds or other notes and to determine the rate of interest thereon and to take such other actions as may be necessary to effect the issuance, negotiation, sale and delivery of such bonds or notes as shall be in the best interests of the Town of Orange; and (2) to name the Select Board as agents to expend from the Road Improvement and Repair Capital Reserve Fund.

 Said public hearings shall each be held at the Town Office and may be attended remotely.  For information on remote access, call the Town Office at 603-523-7054, or visit the Town’s website (www.orangenh.us).

 Said public hearing of the Budget Committee shall be held at 6:00 p.m. on April 24, 2020.

 Said public hearing of the Select Board shall be held at 6:30 p.m. on April 24, 2020.

 

Select Board,

Town of Orange, NH