Public Hearing on Solid Waste Disposal Revenue Bonds


             NOTICE OF PUBLIC HEARING             

MISSION ECONOMIC DEVELOPMENT CORPORATION

SOLID WASTE DISPOSAL REVENUE BONDS

(REPUBLIC SERVICES, INC. PROJECT)

Notice is hereby given of a public hearing to be held on behalf of the Mission Economic Development Corporation on March 5, 2020 at 1:00 p.m., at 301 Oak St., 1st Floor Commissioners’ Courtroom, 1915 Taylor County Courthouse, Abilene, TX 79602, with respect to a plan of finance including one or more series of bonds (the “Bonds”) proposed to be issued in an aggregate maximum stated principal amount of $480,900,000 by the Mission Economic Development Corporation (the “Issuer”). The proceeds of the Bonds will be loaned to Republic Services, Inc. and/or one or more subsidiaries or affiliates thereof (collectively, the “Borrower”), for the purpose of financing and/or refinancing certain infrastructure and capital improvements and equipment acquisitions related to their solid waste disposal facilities located throughout the State of Texas, including, for purposes of this hearing, those at the following locations, in the aggregate maximum stated principal amounts at each location noted below: (1) 1984 FM 3034, Abilene, Taylor County, Texas 79601 ($13,500,000)and (2) 4709 & 5001 Pine Street, Abilene, Taylor County, Texas 79601($1,000,000) (collectively, the “Project”). The initial legal owner and/or operator of the Project will be the Borrower.  

The aforementioned public hearing will be conducted by Lee McCormick or his designee. All interested persons are invited to attend such public hearing and express their views with respect to the Project and the Bonds. Questions or requests for additional information may be directed to Mr. McCormick (telephone: (214) 256‑3121). Any interested persons unable to attend the hearing may submit their views in writing to Mr. McCormick at 6988 Lebanon Rd., Ste. 103, Frisco, Texas 75034 prior to the date scheduled for the hearing. Persons who intend to appear at the hearing and express their views are invited to contact Mr. McCormick at the address or telephone number set forth above.

This notice is published and the above-described hearing is to be held in satisfaction of the requirements of Section 147(f) of the Internal Revenue Code of 1986 regarding the public approval prerequisite to the exemption from federal income taxation of the interest on the Bonds.