September 11, 2019
205 South Redding Street
West Memphis, AR 72301
Public Hearing Notice
Wednesday, September 11, 2019
The City of West Memphis is holding a public hearing Wednesday, September 11th at 4:00PM inside the West Memphis City Hall, to discuss the proposed issuance by the City of Tax Exempt Lease Purchase Agreement in an amount not to exceed $12,500,000 (collectively, the "Agreement").
Proceeds from the execution and delivery of the Agreement will be used to fund certain cost development and leasing of a municipal courthouse facility, two fire department stations, and a police substation to serve the residents of the City.
Any person interested may appear at the public hearing and be heard for or against, and suggestions will be heard and considered. This hearing is being held pursuant to the requirements of the Revenue Bond Act of 1987.