Details for PUBLIC NOTICE

PUBLIC NOTICE

The Williamson County Commission adopted the following resolution at its September 14, 2020 meeting, and is publishing this notice in compliance with Tenn. Code Ann. Section 9-21-206.

AN INITIAL RESOLUTION AUTHORIZING THE ISSUANCE OF NOT TO EXCEED $34,500,000 OF GENERAL OBLIGATION BONDS OF WILLIAMSON COUNTY, TENNESSEE

BE IT RESOLVED by the Board of County Commissioners of Williamson County, Tennessee (the “County”) that for the purpose of providing funds for the (i) design, construction, improvement, renovation and equipping of public buildings and facilities for the County, including but not limited to the (A) Beasley property, library and other County facilities, (B) animal control facilities, (C) juvenile services facility, (D) jail facilities, (E) parks and recreation facilities, (F) public safety and Sheriff facilities and (G) solid waste sanitation facilities; (ii) acquisition of all real and personal property related thereto; (iii) payment of engineering, legal, fiscal and administrative costs incident to the foregoing (collectively, the “Projects”); (iv) payment of the principal of and interest on any bond anticipation notes issued for the costs of the Projects; (v) payment of capitalized interest on the bonds during the completion of the Projects; and (vi) payment of costs incident to the issuance and sale of the bonds authorized herein; there shall be issued bonds of the County in an aggregate principal amount of not to exceed $34,500,000, which bonds shall bear interest at a rate or rates per annum not to exceed the maximum rate or rates permitted by Tennessee law, and shall be payable from unlimited ad valorem taxes to be levied on all taxable property within the County.  

N O T I C E

The foregoing resolution has been adopted.  Unless within twenty (20) days from the date of publication hereof a petition signed by at least ten percent (10%) of the registered voters of the County shall have been filed with the County Clerk protesting the issuance of the bonds, such bonds will be issued as proposed.

Elaine H. Anderson, County Clerk

28990539.1

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