MRFC Public Notice

The Board of Directors for the Morton-Rutledge Fire Company have asked us to send out this notice to our residents:

ON THE PROPOSED FINANCING BY Morton-Rutledge Fire Company

NOTICE IS HEREBY GIVEN the Morton-Rutledge Fire Company located in Morton Borough, Pennsylvania
Morton-Rutledge Fire Company, will allow for public comment through Tuesday January 11, 2022, at
7:00 pm., via email at Mortonrutledgefirecompany@gmail.com or via phone at (610) 543-9721, for the
purpose of satisfying the public hearing requirements of Section 147(f) of the Internal Revenue Code of
1986, as amended, on a proposal the Issuer entered into an agreement to finance certain equipment. The
equipment to be financed consists of a 2021 Sutphen Pumper and will be maintained at the fire station
in Morton Borough, Pennsylvania.

To finance the costs of such equipment and to pay costs and expenses incidental to the financing, the
Issuer proposes to enter into a loan agreement with a maximum aggregate principal amount not to
exceed $136,177.98. The Issuer will be required to pay all taxes on the equipment. The rental
payments due pursuant to the loan agreement will be secured by a security interest in the equipment.

All persons interested may be heard throughout the public comment range stated above, or may file
written comments with the Morton-Rutledge Volunteer Firefighters Relief Association prior to the date
of hearing set forth heretofore.

Date Published/Posted: 01/03/2022
Posted in meeting minutes, Uncategorized