Details for LEGAL NOTICE IN THE CIRCUIT COURT OF ST.
LEGAL NOTICE IN THE CIRCUIT COURT OF ST. CLAIR COUNTY, ALABAMA (PELL CITY DIVISION) CITY OF MOODY, ALABAMA a municipal corporation Petitioner, v. THE TAXPAYERS AND CITIZENS OF THE CITY OF MOODY, ALABAMA Defendant. CIVIL ACTION NO. 75-CV-2021-900163.00 TO THE TAXPAYERS AND CITIZENS OF THE CITY OF MOODY, ALABAMA: Notice is hereby given to you that a petition has been filed in the Court under the provisions of Article 17 of Chapter 6 of Title 6 of the CODE OF ALABAMA 1975, as amended, requesting the Court to validate and confirm the proposed issuance by the City of Moody, Alabama (the "City") of its Taxable General Obligation Warrants, Series 2021-B in the maximum principal amount not to exceed $10,500,000 (the "Warrants") pursuant to an ordinance adopted by the City Council of the City on August 9, 2021 (the "Warrant Ordinance"), to be dated on the date of delivery. The Warrant Ordinance authorizes the City, pursuant to Amendment No. 772 of the Constitution of Alabama of 1901, as amended, to issue the Warrants for the purpose of (a) refunding (commonly known as refinancing) for interest rate savings certain of the City's outstanding General Obligation Warrants, Series 2014-A (the "Refunded Warrants"), and (b) paying the costs of issuing the Warrants. The Refunded Warrants were issued by the City in order to finance the acquisition and construction of capital improvements in the City (the "Project"). The Project is owned by the City and includes: (1) acquisition of land and construction thereon of a new civic center located within the corporate limits of the City at the corner of Church Street and Highway 411, (2) construction of a splash pad water feature and related pavilion adjacent to the civic center, (3) repaving various streets within the City, including without limitation, streets in the 100 Oaks subdivision, (4) constructing improvements to the City's firefighting facilities, and (5) acquiring police cars for use by the City's Police Department. The Warrants will be general obligations of the City for which it shall pledge its full faith and credit. All interested persons may examine and review the Warrant Ordinance and all relevant documents pursuant to which the Warrants will be issued and secured and make copies thereof at personal expense, at the offices of the City Clerk during normal business hours. The Court has issued an order against the taxpayers and citizens of the City requiring them to show cause, if any they have, at a hearing of said complaint to be held in Courtroom 118, of the St. Clair County Courthouse in Pell City, Alabama on September 29, 2021 at 8:45 a.m., why the Warrants, the Warrant Ordinance, the means provided for the payment of the Warrants, and all provisions, covenants and agreements for the benefit of the Warrants as set forth in the Warrant Ordinance, and all other covenants, provisions, and agreements in the Warrant Ordinance should not be validated and confirmed. You are therefore required at the time and place hereinabove set forth to show cause, if any you have, why the said Warrants, the Warrant Ordinance, the means provided for the payment of the Warrants, and all provisions, covenants and agreements for the benefit of the Warrants contained in the Warrant Ordinance should not be validated and confirmed. Done this the 30th day of August, 2021. Circuit Court Clerk of St. Clair County, Alabama The St. Clair Times St. Clair Co., AL September 9, 16, 23, 2021
Featured winners of 2021
Visit our Reader's Choice 2021 special section to read about some of your favorite local businesses!
Success! An email has been sent to with a link to confirm list signup.
Error! There was an error processing your request.
Anniston Star News Updates
Would you like to receive our daily list of top stories in local news, sports, features and opinion? Sign up today!