Petition for electric coop financing hearing set in Montgomery
Notice announces a Department of Finance hearing in Montgomery on October 6 1967 to determine consent for the issue and delivery of principal sums not exceeding 5 516 600 to a private electric cooperative and related notes. The proceeding aims to authorize financing and consent under Alabama finance law.
MENTIONED IN THIS ARTICLE
ACT A
CAL Finance
United States OF America
Department of Finance
State of
Alabama
Ihs
Capitol Building
Montgomery
Alabama Electric Cooperative loan plan details filed
A note issue of 490 000 dollars plus a 500 000 dollar principal will deliver to the United States a 5 516 60 interest payment per year under a Rural Electrification Administration loan. The loan contracts date from 1941 and amendments in 1944 1940 set a 2 percent annual rate. The project covers electric generating plants and transmission in Alabama and Florida including Autadia Barbour Bullock and other counties. Public hearings may be attended to hear the matters regarding the loan and notes.
MENTIONED IN THIS ARTICLE
Dothan Eagle
Alabama Electric Co-Operative
United States of America
Alabama Electric Cooperative
Horal Electrification Administration
Alabama Electric Co-Operative, Inc
Alabama Hleetiie Co-Operative, Inc
Autadia
Barbour
Bullock
Batter
Coffe
Conecah
Covnston
Cuteshaw
Dale
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