Loading Events

« All Events

TEFRA Hearing Notice: Waste Management, Inc. Project

  • STARTOct 19th - 11:00am

  • ENDOct 19th - 11:00am

  • VENUETeleconference

October 19 @ 11:00 am EDT

NOTICE OF PUBLIC HEARING FOR THE PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY WITH RESPECT TO AN AMOUNT NOT TO EXCEED $54,000,000 OF PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY SOLID WASTE DISPOSAL REFUNDING REVENUE BONDS (WASTE MANAGEMENT, INC. PROJECT) SERIES 2021B

Notice is hereby given that on Tuesday, October 19, 2021, a public hearing, as required by Section 147(f) of the Internal Revenue Code of 1986, as amended (the “Code”), will be held by the Pennsylvania Economic Development Financing Authority (the “Authority”) with respect to the proposed issuance by the Authority of its tax-exempt Solid Waste Disposal Refunding Revenue Bonds (Waste Management, Inc. Project), Series 2021B (the “Bonds”), in one or more series, pursuant to a plan of finance, in an aggregate principal amount not to exceed $54,000,000. The hearing will commence at 11:00 a.m., or as soon thereafter as the matter can be heard, and will be held by teleconference (Toll Free Dial-in Number: 1-888-857-7121; Passcode: 202-661-2281).

The Bonds are expected to be issued pursuant to Pennsylvania Economic Development Financing Law and the proceeds from the sale of the Bonds will be loaned to Waste Management, Inc. (the “Borrower”) and used to current refund all of the outstanding Pennsylvania Economic Development Financing Authority Solid Waste Disposal Revenue Bonds (Waste Management, Inc. Project), Series 2004A, originally issued by the Authority in the aggregate principal amount of $54,000,000 (the “2004A Bonds”). Proceeds of the 2004A Bonds were applied to finance all or a portion of the cost of the acquisition, construction, improving, installation, and/or equipping of certain solid waste disposal facilities (together, the “Projects”), owned and/or operated by the Borrower or an affiliate of the Borrower, at the locations set forth below:

Location

260 Laurel Ridge Road, Johnstown, PA  15909, Cambria County, Pennsylvania

600 Thomas Street, Monroeville, PA  15146, Allegheny County, Pennsylvania

100 Rangos Lane, Washington, PA  15301, Washington County, Pennsylvania

3100 Hill Road, Library, PA  15129, Allegheny County, Pennsylvania

1176 No 1 Road, Cairnbrook, PA  15924, Somerset County, Pennsylvania

6015 Pleasant Valley Road, Irwin, PA  15642, Westmoreland County, Pennsylvania

782 Antrim Road, Wellsboro, PA  16901, Tioga County, Pennsylvania

1500 Hayden Boulevard, Elizabeth, PA  15037, Allegheny County, Pennsylvania

9446 Letzburg Road, Greencastle, PA  17225, Franklin County, Pennsylvania

851 Robinson Road East, Erie, PA  16509, Erie County, Pennsylvania

200 Bordentown Road, Tullytown, PA  19007, Bucks County, Pennsylvania

1000 New Ford Mill Road, Morrisville, PA  19067, Bucks County, Pennsylvania

The Bonds will be special limited obligations of the Authority payable only from the loan repayments to be made by the Borrower to the Authority and certain funds and accounts established by the bond indenture for the Bonds.

The public is invited to attend the hearing in the manner set forth above and all persons in attendance will be given the opportunity to be heard. The Authority requests that interested parties submit any comments in writing. All attendance inquiries should be directed to Craig Petrasic, Assistant Director, or Brian Deamer, Project Manager, Pennsylvania Economic Development Financing Authority, Commonwealth Keystone Building, 400 North Street, 4th Floor, Harrisburg, Pennsylvania 17120, (717) 783-1109.

This notice is published in accordance with the requirements of the Code and the regulations promulgated thereunder.

Details

Date:
October 19
Time:
11:00 am EDT
Event Categories:
Commonwealth Financing Authority, PEDFA Board Meetings

Venue

Teleconference
Back To Top