Public Hearing September 5th

Public NoticeNOTICE OF A PUBLIC HEARING

 

REGARDING

 

NOT TO EXCEED $17,500,000

PUBLIC FINANCE AUTHORITY

ASSISTED LIVING REVENUE BONDS

(LAKEVIEW VILLAGE)

 

NOTICE IS HEREBY GIVEN that, as required by Section 147(f) of the Internal Revenue Code of 1986, as amended (the “Code”), the Board of Commissioners of Town of Littleton, North Carolina, will hold a public hearing at its regularly scheduled meeting on September 5, 2018 at 6:00 PM at the Town Hall, 112 East South Main Street, Littleton, North Carolina 27850, or as soon as practicable thereafter, concerning the proposed issuance by the Public Finance Authority (the “Authority”), a commission organized under and pursuant to the provisions of Sections 66.0301, 66.0303 and 66.0304 of the Wisconsin Statutes, of its Assisted Living Revenue Bonds, in one or more series or issues (the “Bonds”).

The Bonds are expected to be issued by the Authority in a maximum principal amount not to exceed of $17,500,000.  The proceeds from the sale of the Bonds will be loaned to Lake Gaston Propco Holdings, LLC and Lake Gaston Opco Holdings, LLC, each a North Carolina limited liability company, of which Regional Housing & Community Services Corporation, a California public-service corporation and an organization described in Section 501(c)(3) of the Code, is the sole member (collectively, the “Borrower”), and used to finance or refinance (i) the acquisition and construction of an approximately 53,965 square foot, 79 unit (100 beds) assisted living facility to be located at 0 Mulberry St., Littleton, North Carolina 27850, including the acquisition of land, certificates of need, licenses and certain predevelopment expenses associated with the facility (collectively, the “Project”), and (ii)  certain fees and costs associated with the issuance of the Bonds.

The Project will initially be owned and operated by the Borrower.

The Bonds will be special limited obligations of the Authority payable solely from the loan repayments to be made by the Borrower to the Authority, and certain funds and accounts established by the trust indenture for the Bonds.

At the time and place fixed for the public hearing, all persons who appear will be given a reasonable opportunity to express their views, both orally and in writing, for or against the proposed issuance of the Bonds, the location and nature of the Project and other related matters. The Board also intends at the September 5, 2018, meeting to consider and take action on a resolution regarding the issuance of the Bonds by the Authority.

Any person wishing to submit written comments regarding the proposed issuance of the Bonds, the location and nature of the Project and other related matters should do so by submitting comments to the Clerk to the Board no later than 4:30 on September 5, 2018, at 112 East South Main Street, Littleton, North Carolina 27850.

Additional information concerning the Project may be obtained from Jeff Poley, Esq., 301 Fayetteville Street, Suite 1400, Raleigh, NC 27601; Email Address: jeffpoley@parkerpoe.com.

Public Hearing for Re-Zoning Monday August 20th

Public NoticeNOTICE OF PUBLIC HEARING RE-ZONING REQUEST

Notice is hereby given that a public hearing will be held by the Planning Board of the town of Littleton at the Town Hall, 112 E. South Main Street, on Monday, August 20, 2018 at 6:00 p.m. for the purpose of considering a Re-Zoning Request from Lake Gaston Propco Holdings, LLC for the property located at North Mosby Avenue and Spring Street (parcel #0704825) owned by Watson Timber Co. to Commercial from Residential Subdivision.  Anyone requiring special assistance should contact the Town Clerk at 252-586-2709 during regular business hours. Publish Wed 08.08. & 08.15.

Special Meeting Tuesday July 10th

Public Notice

Public notice is hereby given that the Town of Littleton will hold a public meeting at 6:00 pm, Tuesday, July 10, 2018 at the Littleton Town Hall to receive comments pertaining to the proposed renovations to the Littleton Police Department. Funding for the proposed project will be through funding provided by USDA Rural Development.

 

Wanda J. Clark, NCCMC

Town Clerk

 

BUDGET HEARING JUNE 19th 10AM

Notice of Public Hearing

 

PUBLIC HEARING NOTICE

AND SUBMISSION OF

PROPOSED FY 2018-2019

TOWN OF LITTLETON BUDGET

 

The proposed 2018-2019 Town of Littleton budget has been submitted to the Board of Commissioners.  A copy of the proposed budget is available for public inspection in the office of the Town Clerk, Town Hall, Littleton, NC.  The Board of Commissioners will hold a public hearing on the proposed budget on Tuesday, June 19, 2018, at 10:00 am in the Town Hall, 112 E. South Main Street, Littleton, NC.  The public is encouraged to attend the public hearing and may offer written or oral comments.

 

The proposed Budget Summary for all funds is as follows:

Wanda J. Clark, NCCMC

Town Clerk

                

 

     PROPOSED BUDGET SUMMARY (ALL FUNDS)

                                                     (Revenues)

                                                      2018-2019

Category $ Amount
Property Taxes $250,000
Other Revenues $214,295
Local Option Sales Tax $110,000
Powell Bill $84,090
Water/Sewer $40,3717
  $1,062,102

                                                   (Expenditures)

                                                       2018-2019

General Government $180,546
Police Department $242,482
Police Dept Capital Project $53,600
Fire Department $11,000
Powell Bill $84,090
Library $8,190
Cemetery $10,000
Recreation $1,000
Streets Department $67,477
Water/Sewer $403,717
$1,062,102