ON THE PROPOSED ISSUANCE OF UP TO $6,000,000 PRINCIPAL AMOUNT OF CITY OF RADFORD GENERAL OBLIGATION BONDS FOR THE PURPOSE OF REFINANCING CURRENT DEBT AND FINANCING THE REIMBURSEMENT OF CERTAIN CAPTIAL EXPENDITURES
Notice is hereby given that the Radford City Council will hold a public hearing in the City Council Chambers, located in the City Administration Building at 10 Robertson Street, Radford, Virginia, on June 17, 2025, during a meeting of the City Council at 7:00 p.m. or as soon thereafter as the matter may be called on the agenda, concerning the proposed issuance by the City of its general obligation bonds (the “Bonds”). The maximum principal amount of the Bonds is estimated to be $6,000,000 and the purposes of and proposed uses for which more than ten percent of the proceeds of the Bonds are expected to be used is to (1) refinance a portion of the City’s outstanding debt issued for school purposes and (2) reimburse the City for prior capital expenditures for certain projects. Persons may appear and present their views at the public hearing. For disabled individuals who may require special auxiliary aids or services, reasonable accommodations will be made available by the City of Radford upon request at least five (5) days in advance of the public hearing. For such accommodation or additional information, please contact the City Manager’s office at (540) 731-3603 or (800) 828-1120 (TTD – Virginia Relay Center).
Interim City Manager
City of Radford, Virginia