00097441 —

Oct 29-23:20
Listing Began:

Description

Seller's Comments and Description:

TOWN OF VIENNA, VIRGINIA

NOTICE OF PUBLIC HEARING

AND NOTICE OF INTENT

TO ADOPT ORDINANCE

Notice is hereby given that the Town Council (the "Town Council") of the Town of Vienna, Virginia (the "Town") will consider at a public hearing on Monday, November 10, 2025, beginning at 7:30 p.m., in the Council Room, Town Hall, 127 Center Street South, Vienna, Virginia, the adoption of an ordinance authorizing the issuance of general obligation bonds, notes or other forms of indebtedness (the "Bonds") of the Town in the maximum principal amount of $20,000,000.00, in one or more series, which may be tax-exempt or taxable, to finance the costs of various approved Town capital improvements (the "Projects"). The Town expects that more than ten percent of the total proceeds of the Bonds may be used to finance all or a portion of the costs of parks and recreational facilities, the improvement of the Town’s roads, and water and sewer system. A portion of the proceeds of the Bonds is also expected to finance all or a portion of the costs of other public facilities improvements and certain other public improvements described in the Town's capital improvement plan, and the costs of issuance of the Bonds. All expected uses of the proceeds of the Bonds are subject to change in accordance with the Town's capital expenditure cash flow needs and the laws of the Commonwealth of Virginia.

At said public hearing, any and all interested persons will be given an opportunity to speak in favor of or in opposition to the proposed general obligation indebtedness of the Town.

Further notice is hereby given that it is the intention of the Town Council to propose the ordinance summarized above and entitled "Ordinance Authorizing the Issuance of General Obligation Public Improvement Bonds, Notes or Other Forms of Indebtedness of the Town of Vienna, Virginia; Providing for Reimbursement to the Town of Vienna, Virginia from Bond Proceeds; and Authorizing the Execution and Delivery of Certain Documents Related Thereto" for passage at the regular meeting of the Town Council on November 10, 2025.

A copy of the full text of the proposed ordinance is on file in the office of the Town Clerk and may be viewed Monday through Friday, 8:00 a.m. to 4:30 p.m.

BY ORDER OF THE TOWN COUNCIL

Shelley Kozlowski

Town Clerk

Published: October 27th, 2025

November 3rd, 2025

AD#97441





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