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Notice of Public Hearing to Amend Inter-Utility Loans

Notice of Public Hearing to Amend Inter-Utility Loans

NOTICE OF MEETING ON THE PROPOSAL TO AMEND CERTAIN INTER‑UTILITY LOANS FROM THE MUNICIPAL ELECTRIC UTILITY TO THE MUNICIPAL TELECOMMUNICATIONS UTILITY OF THE CITY OF ALGONA, IOWA


PUBLIC NOTICE is hereby given that the Board of Trustees of the Municipal Electric Utility and the Municipal Telecommunications Utility of the City of Algona, Iowa, will hold a public hearing on the 30th day of June, 2021, at 11:00 o'clock A.M., in the Algona Municipal Utilities Building, 104 W. Call Street, Algona, Iowa, at which meeting the Board will consider a proposal to amend the terms of certain existing inter‑utility loans from the Municipal Electric Utility to the Municipal Telecommunication Utility to adjust the interest rate to 1.33%.

Persons interested may attend and be heard at said meeting.  This Notice is given by Order of the Board of Trustees.

Dated this 21st day of June, 2021.

  

                                                    /s/ Sandra M. Batt

                                                    Secretary of the Board of Trustees

                                                    Municipal Electric Utility

                                                    Municipal Telecommunications Utility

                                                     City of Algona, Iowa            

 

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