Hatfield Township

MEETING NOTICE

TEFRA NOTICE

NOTICE is hereby given that the Board of Commissioners of Hatfield Township (the “Township”) will hold a public hearing at 7:30 P.M. on June 16, 2021, at the Hatfield Township Building, 1950 School Road, Hatfield, Pennsylvania, to consider a proposed plan of financing involving the issuance by the Hatfield Township Industrial Development Authority of its tax-exempt obligations to provide funds, together with other available funds, which will be used to finance the costs of the following project (the “Project”).  

Project Owner and
Manager: Central Montgomery County Area Vocational-Technical School (the “Applicant”), a public body organized by Colonial School District, Norristown Area School District and Upper Merion Area School District (the “Participating Districts”) pursuant to the Pennsylvania Public School Code

Location of Project: Located on property owned by the Participating Districts and Applicant, 821 Plymouth Road, Plymouth Township, Montgomery County, Pennsylvania (“Site”)

Maximum Aggregate Face
Amount of Issue Requested:
Not to exceed $2,750,000

Description of Project: The Project will consist of: (i) financing for certain capital projects, including but not limited to renovations, additions and improvements to educational facilities of the Applicant located on the Site; and (ii) the payment of the costs of issuing the tax-exempt obligations.

The public is invited to attend to express their views, which may either be provided orally at the hearing or may be submitted in writing to the Township at the Hatfield Township Building, 1950 School Road, Hatfield, PA 19440, concerning the proposed issuance of indebtedness and the location and nature of the Project financed thereby.

All interested persons are invited to attend and will be heard.  If you are a person with a disability and wish to attend the hearing scheduled for June 16, 2021, and require an auxiliary aide, service, or other accommodation to participate in the proceedings, please contact the Township to discuss how the Township may best accommodate your needs.

This notice is published in accordance with the Public Notice Requirement of Section 147(f) of the Code.  


HATFIELD TOWNSHIP 
By:  Aaron Bibro, Township Manager

The Hatfield Industrial Development Authority is an entity created by Hatfield Township for the purpose of providing tax-free financing for commercial and industrial projects –and for certain non-profit organizations.

If, among other things, a growing commercial or industrial business can show that the community will benefit from its expansion with job retention or an increase in employment, the Hatfield Industrial Development Authority may be able to help that business receive lower interest rates on loans.

The Industrial Development Authority meets on the second Monday of each month at 8:15 p.m. at the Township Administration Office.