NOTICE OF PUBLIC HEARING
ON INTENTION TO ISSUE
GENERAL OBLIGATION CAPITAL IMPROVEMENT PLAN BONDS
AND PROPOSAL TO ADOPT A CAPITAL IMPROVEMENT PLAN THEREFOR
NOTICE IS HEREBY GIVEN, that the Town Board of the Town of Watab, Minnesota will meet on September 5, 2006 at 7:00 p.m. at the Town Hall, 657 75th Street Northwest, Sauk Rapids, Watab Township, Minnesota, for the purpose of conducting a public hearing on (a) the intention to issue general obligation capital improvement plan bonds in an amount not to exceed $400,000 and (b) the proposal to adopt a capital improvement plan therefore. The proceeds of the bonds will be used to finance various capital improvements within the Town pursuant to Minnesota Statutes, Section 475.521, specifically to finance the construction of a new town hall.
All persons interested may appear and be heard at the time and place set forth above.
If a petition requesting a vote on the issuance of bonds is signed by voters equal to 5 percent of the votes cast in the Town in the last general election and is filed with the Town within 30 days after the public hearing, the bonds may only be issued upon obtaining the approval of the majority of the voters voting on the question of issuing the bonds.
Individuals unable to attend the public hearing can make
written comment by writing to Pat Spence, Town Clerk,
BY ORDER OF THE TOWN BOARD
/s/ Pat Spence