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DARRINGTON SCHOOL DISTRICT NO. in Everett, WA 98201, US

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Location: Everett, WA 98201, US
Category: Events and Notices - Legal and Public Notices
Posted: 07/12/2017

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DARRINGTON SCHOOL DISTRICT NO. 330 SNOHOMISH AND SKAGIT COUNTIES, WASHINGTON NOTICE OF INTENT TO ISSUE A LIMITED GENERAL OBLIGATION BOND AND CONDUCT A PUBLIC HEARING NOTICE IS HEREBY GIVEN that the Board of Directors (the "Board") of Darrington School District No. 330, Snohomish and Skagit Counties, Washington (the "District") intends to issue a non-voted limited general obligation bond (the "Bond") and will hold a public hearing on July 25, 2017, starting at 6:30 PM, or as soon thereafter as possible, in the Whitehorse Conference Room located in a portable at Darrington Elementary School, 1075 Fir Street, Darrington, Washington, for the purpose of hearing comments from the public on the proposed issuance of the Bond. The proposed Bond will be issued as a limited general obligation bond under RCW 28A.530.080; will be in the principal amount of not to exceed $525,000; will be dated its date of delivery to the purchaser thereof; will be issued only in fully registered form; will bear interest at the rate(s) to be determined based on market conditions; will mature within eleven (11) years of the date of issue; may be subject to prepayment prior to maturity of the Bond; will be issued and sold in such manner, at such time as will be required for the purpose for which the Bond is to be issued; and will include other related terms and conditions, all as deemed necessary and advisable by the Board. The exact date, form, terms, price, interest rate(s), maturity date, purchaser and repayment schedule of the Bond will be hereafter fixed by resolution of the Board. The proceeds of the Bond will be used to pay costs to make District-wide energy efficiency improvements and carry out other purposes authorized by RCW 28A.530.080. The principal of and interest on the Bond will be paid from money from the District's General Fund, and from other legally available money of the District. Any person wishing to be heard on the proposed issuance of the Bond should appear at the public hearing and present their views. Alternatively, or in addition, such interested persons may submit their views on the proposed issuance of the Bond in writing and deliver them to: McKenzie Boyd, Business Manager, 1065 Fir Street, Darrington, Washington 98241 on or before the date of the public hearing. DARRINGTON SCHOOL DISTRICT NO. 330 SNOHOMISH AND SKAGIT COUNTIES, WASHINGTON /s/ Buck Marsh Superintendent and Secretary to the Board of Directors Published: July 12, 17, 2017.EDH767155
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