
LEGAL NOTICE PLEASANT HILLS BOROUGH ALLEGHENY COUNTY, PENNSYLVANIA NOTICE OF FINAL ENACTMENT OF ORDINANCE NO. 1030 IN RE DEBT AUTHORIZATION FOR BOROUGH OF PLEASANT HILLS, PENNSYLVANIA, GENERAL OBLIGATION BONDS, SERIES OF 2020 Notice of final enactment of Ordinance No. 1030, enacted August 17, 2020, by the Council of the Borough of Pleasant Hills, Pennsylvania (the Borough) is hereby given. The Ordinance was amended during final passage by the inclusion of the following provisions: 1. The Bank of New York Mellon Trust Company, N.A., was appointed as Paying Agent, Registrar, Sinking Fund Depository and Escrow Agent for the Bonds. 2. The semi-annual interest payment dates were set for the Bonds. 3. The remaining useful lives of the projects funded by the Prior Bonds were inserted in the Ordinance. 4. The price for the Bonds was fixed at not less than 95% of the par amount of the Bonds, inclusive of net original issue discount or premium and underwriter's discount, plus accrued interest to the date of closing. The maximum principal amount of the Bonds is $12,500,000, and the maximum interest rates (yields) approved for the Bonds is 6.0%, as more fully set forth in the parameters tables attached to the Ordinance as Schedule A. 5. Various other matters in connection with the issuance and sale of the Bonds were also enacted. A copy of the final text of the Ordinance may be examined by any citizen between the hours of 9:00 a.m. and 4:00 p.m., prevailing time, on regular business days at the office of the Borough, 410 East Bruceton Road, Pittsburgh, PA 15236. Borough Manager Borough of Pleasant Hills