NOTICE OF ADOPTION OF ORDINANCE

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Advertiser: NOTICE OF ADOPTION OF ORDINANCE
NOTICE OF ADOPTION OF ORDINANCE The County of Letcher, Kentucky Fiscal Court, at a meeting held on Monday, February 15, 2021, adopted the following ordinance per-taining to Letcher County Recreation Center – BP2011A Rev 9/2016: AN ORDINANCE APPROVING A LEASE FOR THE FINANCING OF A PROJECT; PROVID-ING FOR THE PAYMENT AND SECURITY OF THE LEASE; CREATING A SINKING FUND; AND AUTHORIZING THE EXECUTION OF VARIOUS DOCUMENTS RELATED TO SUCH LEASE. It is hereby certi ed that the foregoing ordi-nance provides for approval of a lease with Kentucky Association of Counties Leasing Trust, as administrator, and the bank, nancial institution or nance corporation offering the lowest and best interest rate, as lessor for nancing certain public improvements and provides a general obligation pledge to assess and levy suf cient taxes to comply with the ob-ligations to make lease payments, establishes and maintains a sinking fund for the deposit and application of tax revenues, and makes certain designations regarding the Lease. A complete copy of the ordinance may be reviewed at the of ce of Terry Adams, County Judge/Executive, at 156 Main Street, Suite 107, Whitesburg, KY 41858. COUNTY OF LETCHER, KENTUCKY Bobbi Eldridge, Fiscal Court Clerk CERTIFICATION The undersigned, an attorney licensed to prac-tice law in the Commonwealth of Kentucky, hereby certi es that the foregoing is a true and accurate summary of an Ordinance that has been prepared by an attorney licensed to prac-tice law in the Commonwealth of Kentucky. Jamie Hatton Licensed Kentucky Attorney
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