PUBLIC NOTICE IS HEREBY GIVEN
PUBLIC NOTICE IS HEREBY GIVEN that the Lowell Volunteer Fire Department, Inc. will meet April 2, 2026 at the firehouse, located at 202 Groves Street, Lowell, NC 28098 at 7:00 PM, in a public hearing pursuant to the requirements of Section 147 (f) of the Internal Revenue Code of 1986, as amended, on a proposal that the Lessee enter into a Lease-purchase agreement with Elite Finance Group, under the "Code" in order to finance the acquisition of equipment. The equipment to be financed consists of One (1) New Fire Truck (the "Equipment") and will be located at the firehouse in Lowell, NC 28098. To finance the costs of such Equipment and to pay costs and expenses incidental to the financing, the Lessee proposes to enter into the Lease-purchase agreement with Elite Finance Group in the maximum aggregate principal amount of $900,000.00. The Lessee will be required to pay all expenses of the operating, maintaining, and insuring the Project and to pay all taxes on the Equipment. The rental payments due pursuant to the Lease-purchase agreement will be payable and secured by a security interest Lien on the Equipment above here mentioned. All persons interested may appear and be at said time and place or may file written comments with the department prior to the hearing set forth herein above. April 2, 2026. By the order of the Lowell Volunteer Fire Department, Inc.
March 26 2026
LWLM0485821