Public Hearing for Tax Exempt Loan
NOTICE IS HEREBY GIVEN the Pecan Grove Volunteer Fire Departmen t located in, Richmond, TX (the Issuer), will allow for
public comment through Pubic Hearing at the Fire Board Meeting on Thursday, October 12, 2023 at 6:30 pm.,via phone at
281-341-6677, 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 One (1) New Spartan Engine and will be maintained at the fire station in Richmond, TX.
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 $900,000.00. 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 be heard throughout the public comment range stated above, or may file written comments with
the Pecan Grove Volunteer Fire Department prior to the date of hearing set forth heretofore.
Date Published/Posted: Monday, October 2, 2023
PECAN GROVE VOLUNTEER FIRE DEPARTMENT
727 Pitts Rd
Richmond, TX 77406
Dated: Monday, October 2, 2023