NOTICE OF PUBLIC HEARING

ON PROPOSED

BOND FINANCING BY THE 

CITY OF FALLS CHURCH, VIRGINIA

Notice is hereby given that the City Council of the City of Falls Church, Virginia (the “City”) will hold a public hearing on Tuesday, May 28, 2019 at 7:30 o’clock p.m., or as soon thereafter as the matter may be heard, on the issuance of general obligation public improvement bonds of the City (the Bonds”) and short-term general obligation debt in the form of notes, lines of credit or similar instruments (the “Notes”), in one or more series at one time or from time to time, to finance the costs, in whole or in part, of various capital improvement projects of the City, as described below.

The estimated maximum amount of the Bonds to be issued is $76,465,000. The City expects that more than ten percent of the total proceeds of the Bonds may be used to finance all or a portion of the costs of construction, expansion, renovation, reconstruction, equipping and/or reequipping, in whole or in part, of each of the following: (i) a library (including an archive/heritage center) and (ii) a new or improved City high school. The estimated maximum amount of the Notes to be issued is $20,000,000. The City expects that more than ten percent of the total proceeds of the Notes may be used to finance all or a portion of the costs of each of the following projects: (a) construction, expansion, renovation, reconstruction, equipping and/or reequipping, in whole or in part, of (i) a library (including an archive/heritage center) and (ii) a new or improved City high school; and (b) acquisition of land for use as park land. A portion of the proceeds of the Bonds and the Notes is also expected to finance the costs, in whole or in part, of certain other capital improvement projects, including without limitation, acquisition, improvements or upgrades to and/or construction and renovation of City hall, parks, sewers and stormwater infrastructure.

All public hearings will be held in Falls Church Community Center, 223 Little Falls Street, Falls Church, Virginia. Copies of legislation may be obtained from the City Clerk’s office (703-248-5014) or at cityclerk@fallschurchva.gov. The City of Falls Church is committed to the letter and the spirit of the Americans with Disabilities Act. To request a reasonable accommodation for any type of disability, call 703-248-5014 (TTY 711).