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Notice of Public Hearing to Amend Inter-Utility Loans
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