DOCSLIB.ORG

3355000* the Parking Authority of the City Of

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
3355000* the Parking Authority of the City Of PRELIMINARY OFFICIAL STATEMENT DATED MAY 3, 2012 NEW ISSUE Ratings: Standard & Poor’s: “AA-” (Stable Outlook) BOOK-ENTRY ONLY (Assured Guaranty Municipal Corp. Insured) Standard & Poor’s: “A-” (Underlying)(Stable Outlook) (See “Ratings” herein) In the opinion of Bond Counsel, under existing law, interest on the 2012 Bonds (including any original issue discount properly allocable to an owner thereof) is excluded from gross income for federal income tax purposes and is not an item of tax preference for purposes of the federal alternative minimum tax imposed on individuals and corporations; however, with respect to corporations (as defined for federal income tax purposes), such interest is taken into account in determining adjusted current earnings for the purpose of computing the alternative minimum tax imposed by Section 55 of the Code on such corporations. Under existing law, the 2012 Bonds are exempt from personal property taxes in Pennsylvania and the interest on the 2012 Bonds is exempt from Pennsylvania personal income tax and from Pennsylvania corporate net income tax. In rendering this opinion, Bond Counsel has assumed continuing compliance by the Authority with certain tax covenants to satisfy certain provisions of the Internal Revenue Code of 1986, as amended. See “TAX EXEMPTION” herein. nor may nor may any offer to buy be accepted prior $3,355,000* itation of an offer to buy, nor shall there be any shall there be any nor of an offer to buy, itation THE PARKING AUTHORITY OF THE CITY OF WASHINGTON Washington County, Pennsylvania Guaranteed Parking Revenue Refunding Bonds, Series of 2012 Dated: Date of Delivery of the Bonds Interest Payable: May 15 and November 15 ities laws of any such jurisdiction. Due: November 15, as shown on inside front cover First Interest Payment: November 15, 2012 The Guaranteed Parking Revenue Refunding Bonds, Series of 2012, dated as of the Date of Delivery, in the aggregate principal amount of $3,355,000* (the “Bonds” or the “2012 Bonds”) will be issued in fully registered form without coupons and, when issued, will be registered in the name of Cede & Co., as nominee of The Depository Trust Company, New York, New York (“DTC”). So long as Cede & Co. is the registered owner, reference herein to the registered owner of the Bonds shall mean Cede & Co., and not the Beneficial Owners (as defined herein). DTC will act as securities depository of the Bonds, and purchases of beneficial ownership interest in the Bonds will be made in book- entry form only, in denominations of $5,000 or integral multiples thereof. Beneficial Owners will not receive certificates representing their interest in the Bonds. Interest on the Bonds is payable May 15 and November 15 of each year, commencing November 15, 2012, by The Bank of without notice. not be sold The Bonds may New York Mellon Trust Company, N.A., Pittsburgh, Pennsylvania, as trustee for the Bonds (the “Trustee”). So long as Cede & Co. is the registered owner, the Trustee will pay principal of, and interest on the Bonds to DTC, which will remit such principal and interest to its Statement constitute an offer to sell or the solic Statement constitute an offer to sell or the Participants (as defined herein), which will in turn remit such principal and interest to the Beneficial Owners of the Bonds, as more fully ification under the applicable secur described herein. See “BOOK ENTRY ONLY SYSTEM” herein. The Bonds are subject to redemption prior to maturity as more fully described herein. See “THE BONDS – Redemption” herein. The Bonds are issued pursuant to a Trust Indenture (the “Original Indenture”) dated as of May 1, 2006 as supplemented and amended by a First Supplemental Trust Indenture dated as of May 1, 2012 (the “First Supplemental Indenture,” and together with the Original Indenture, the “Indenture”) entered into by The Parking Authority of the City of Washington (the “Authority”) and the Trustee and are secured under the Indenture by an assignment and pledge to the Trustee of the Pledged Revenues from the Parking Garage, as defined in the Indenture, and by certain funds held under the Indenture. As additional security, the City of Washington (the “City”), Washington County, Pennsylvania, pursuant to the Guaranty Agreement (the “Guaranty”), among the Authority, the City and the Trustee, has unconditionally guaranteed the payment of the full amount of all principal and interest on the Bonds when due and for such payment has pledged its full faith and taxing power. The scheduled payment of principal of and interest on the Bonds when due will be guaranteed under an insurance policy to be issued umstances shall this Preliminary Official umstances shall this Preliminary concurrently with the delivery of the Bonds by ASSURED GUARANTY MUNICIPAL CORP. d be unlawful prior to registration or qual or to registration d be unlawful prior THE BONDS ARE LIMITED OBLIGATIONS OF THE AUTHORITY PAYABLE SOLELY FROM THE PLEDGED d herein are subject to completion or amendment or other change other subject to completionor are amendment or d herein REVENUES FROM THE PARKING GARAGE AND ARE NOT A DEBT OF WASHINGTON COUNTY, THE COMMONWEALTH OF PENNSYLVANIA OR ANY POLITICAL SUBDIVISION THEREOF, EXCEPT TO THE EXTENT OF THE GUARANTY OF licitation or sale woul licitation or THE CITY, NEITHER THE CREDIT NOR THE TAXING POWER OF WASHINGTON COUNTY, THE COMMONWEALTH OF PENNSYLVANIA NOR ANY POLITICAL SUBDIVISION THEREOF, EXCEPT TO THE EXTENT OF THE GUARANTY OF THE CITY, IS PLEDGED TO PAY THE PRINCIPAL OF, PREMIUM, IF ANY, AND INTEREST ON THE BONDS. THE AUTHORITY HAS NO TAXING POWER. is delivered in final form. Under no circ Under form. in final is delivered The proceeds of the Bonds will be used for the following purposes: (1) currently refunding the Authority’s Guaranteed Parking Revenue Bonds, Series of 2006; (2) funding a debt service reserve fund; and (3) paying the costs of issuing and insuring the Bonds. MATURITY SCHEDULE (See Inside Front Cover) The Bonds are offered when, as and if issued by the Authority and received by the Underwriter, subject to prior sale and subject to the receipt of the approving legal opinion of Buchanan Ingersoll & Rooney PC, Pittsburgh, Pennsylvania, Bond Counsel. Certain additional matters will be passed upon for the Authority by Bergeren & Turturice, Washington, Pennsylvania, Solicitor to the Authority and to the City. The Bonds are expected to be available for delivery through the facilities of DTC in New York, New York on or about June 5, 2012. Janney Montgomery Scott LLC Official Statement Dated __________, 2012 _________________________ This Preliminary Official Statement and the information containe the time Preliminary Official Statement so in which such offer, the Bonds in any jurisdiction sale of *Preliminary, subject to change $3,355,000* The Parking Authority of the City of Washington Washington County, Pennsylvania Guaranteed Parking Revenue Refunding Bonds, Series of 2012 MATURITY SCHEDULE Principal Year Amount Interest Rate Yield Price CUSIP ** 11/15/2012 11/15/2013 11/15/2014 11/15/2015 11/15/2016 11/15/2017 11/15/2018 11/15/2019 11/15/2020 11/15/2021 11/15/2022 11/15/2023 11/15/2024 11/15/2025 11/15/2026 11/15/2027 11/15/2028 11/15/2029 11/15/2030 Total _____________________ *Preliminary, subject to change **The above CUSIP (Committee on Uniform Securities Identification Procedures) numbers have been assigned by an organization not affiliated with the Authority and the Authority is not responsible for the selection or use of the CUSIP numbers. The CUSIP numbers are included solely for the convenience of bondholders and no representation is made as to the correctness of such CUSIP numbers. CUSIP numbers assigned to securities may be changed during the term of such securities based on a number of factors including, but not limited to, the refunding or defeasance of such issue or the use of secondary market financial products. The Authority has not agreed to, and there is no duty or obligation to, update this Official Statement to reflect any change or correction in the CUSIP numbers set forth above. SUMMARY STATEMENT This Summary Statement is subject in all respects to more complete information contained elsewhere in this Official Statement. No person is authorized to detach this SUMMARY STATEMENT from this Official Statement or otherwise use it without the entire Official Statement. Issuer ........................................................ The Parking Authority of the City of Washington, Washington County, Pennsylvania (the “Authority) The Bonds ................................................ $3,355,000* aggregate principal amount, Guaranteed Parking Revenue Refunding Bonds, Series of 2012 (the “Bonds”). The Bonds are initially dated as of the Date of Delivery, and will mature as shown in the Bond Maturity Schedule shown on the inside of the Cover Page of this Official Statement. Interest on the Bonds will begin to accrue on the Date of Delivery and is payable each May 15 and November 15 thereafter commencing November 15, 2012. (See “THE BONDS” herein.) Redemption Provisions ........................... The Bonds are subject to both mandatory and optional redemption prior to their stated dates of maturity, as more fully described herein (See “THE BONDS – Redemption” herein.) Form of Bonds ......................................... Fully registered book-entry-only Bonds. Application of Proceeds .......................... The proceeds to be derived by the Authority from the issuance and sale of the Bonds will be used to finance
Load more

Recommended publications
  • Annual Report 2008.Pub
    The Community Heirloom The Community Heirloom Annual Report - 2008 Table of Contents Board of Trustees & Executive Staff 3 Chairman’s Message 4 Philanthropist of the Year Award 6 Dr. Howard Jack Outstanding Public Educator Award 8 James H. McCune Acorn Society 9 Louis E. Waller Humanitarian Award 10 Charitable Gift Annuity Program 11 Funds Created in 2008 11 Permanent Funds 14 Grants Awarded 16 Scholarships Awarded 21 Our Donors 23 Family of Founders 31 Sponsorship & In-Kind Gifts 32 Financial Information 34 Cover photo taken by Kristie Haught in Scenery Hill, Washington County, PA Washington County Community Foundation, Inc. Chapman Annex 331 South Main Street Washington, PA 15301 (724) 222-6330 - [email protected] - www.wccf.net 2 Board of Trustees & Executive Staff Thomas P. Northrop, Chairman Jana L. Grimm President and Publisher Attorney Observer Publishing Company Eckert, Seaman, Cherin & Mellott Richard L. White, Vice Chairman Shirley H. Hardy Past President Community Volunteer Washington Federal Thomas F. Hoffman Elizabeth H. Todd, Secretary Senior Vice President Registered Nurse, Retired CONSOL Energy Thomas J. Wild, Treasurer Charles C. Keller Secretary/Treasurer Senior Partner Accutrex Products Inc. Peacock, Keller & Ecker Paul N. Barna John McCarthy Attorney, Retired Vice President Chapman Corporation Bruce A. Bartolotta Attorney/Entrepreneur James H. McCune Mon Valley Foods, Inc. Attorney Bassi, McCune & Vreeland Neil D. Bassi President/CEO Traci L. McDonald Charleroi Federal Savings Bank Assistant District Attorney Washington County Carlyn Belczyk Certified Public Accountant F. Grant Minor Guthrie, Belczyk & Associates Senior Vice President, Investments UBS Financial Martha Y. Berman Guidance Counselor, Retired Edward C. Morascyzk Senior Partner Sally S.
    [Show full text]
  • Transportation This Page Is Intentionally Left Blank
    GreatGreat thingsthings areare happeninghappening here!here! Streetscape Enhancements County Transit Future TOD Projects on TIP Sidewalk network Easy access to Wheeling, WV Beau Street Gateway Access to Washington County Airport National Road - US 40 Main Street Many state routes Crossroads Garage Easy access to Pittsburgh Access to Park-N-Rides Railroads Free Parking in CBD Five exits off of the Interstates Washington City Transit Access to Interstates 70 & 79 Future trail connections Chapter 5. A Plan for Transportation Transportation 5. A Plan for Chapter A Comprehensive Plan for the City of Washington and East Washington Borough This page is intentionally left blank 5-2 A vital component of the land use planning is an efficient transportation network that can provide access to places of employment, retail commercial, neighborhoods, and industrial centers. The transportation network within the City of Washington and East Washington Borough therefore plays a pivotal role in the quality of life of its residents. A fully functional transportation network not only includes roadways, but public transportation and pedestrian access (known as complete streets). A multi‐modal transportation network is vital to the future of the region. Transportation requires coordination between pertinent parties to achieve the overall transportation goals of the City, Borough, and surrounding region. Transportation Questions to Consider: How can traffic flow be improved? How can congestion be minimized? What are the transit opportunities? How can the pedestrian network be improved? Expanded? COMMUNITY SNAPSHOT Road Network The road network for the City and Borough is displayed on Map 3.1: Road Network. The City of Washington and East Washington Borough are located in PennDOT District 12, which includes municipalities in Fayette, Greene, Washington, and Westmoreland Counties.
    [Show full text]
  • 242 Oak Spring Road Washington, Pa 15301
    242 OAK SPRING ROAD ▪ WASHINGTON, PA 15301 PHONE: 724.222.5330 TOLL FREE: 888.309.7484 FAX: 724.222.4722 WWW.PENNCOMMERCIAL.EDU [email protected] This catalog outlines the current curriculum and requirements of Penn Commercial Business/Technical School also referred to as “Penn Commercial” in this publication. It may be periodically updated, reflecting changes that allow Penn Commercial to fulfill its mission and program objectives. Penn Commercial reserves the right to change any provisions, offerings, or requirements at any time within the student’s term of study without prior notice. Such changes will not conflict with those areas specifically governed by and state and federal regulations. Penn Commercial also reserves the right to make changes in administration, faculty, or any other school policy or activity without prior notice. Penn Commercial reserves the right to increase tuition and fees with 60 days written notice. In order to continually provide current information, this catalog may be amended by inserts identified as “Addendum to the 2018 School Catalog.” Such addenda are intended and are to be regarded as an integral part of this catalog. STATEMENT OF NONDISCRIMINATION Penn Commercial Business/Technical School is committed to a policy of non-discrimination in compliance with federal and state regulations. This policy is enforced in our educational programs and in our school activities, which are available to all people, without regard to sex, marital status, physical disability, race, creed, or national origin. STATEMENT OF LEGAL CONTROL Penn Commercial Business/Technical School is a private institution of higher education in the form of a business corporation.
    [Show full text]
  • Annual Report 2010.Pub
    The Community Heirloom Annual Report - 2010 Table of Contents Board of Trustees 4 Chairman’s Message 6 James H. McCune Acorn Society 8 Grants & Scholarships Awarded 10 Dr. Howard Jack Outstanding Public Educator Award 16 Philanthropist of the Year Award 20 Louis E. Waller Humanitarian Award 22 Our Donors 24 Legacy Celebration Sponsors 30 Philanthropy Banquet Sponsors 31 Family of Founders 32 Educational Improvement Tax Credit Program 34 Financial Information 35 Cover photo taken by Kristy Haught at Meadowcroft, Avella, PA Betsie Trew, President & CEO Washington County Community Foundation, Inc. Chapman Annex, Upper Level 331 South Main Street Washington, PA 15301 (724) 222-6330 - [email protected] - www.wccf.net 2 Philanthropic Opportunities In addition to creating a new fund, there are many opportunities to participate in philanthropy at the Washington County Community Foundation. Opportunities include: Become a member of the Family of Founders (see page 32) Consider the Community Foundation when updating your will Contribute to an existing fund (cash, securities, real property) Designate the Community Foundation as a beneficiary on pension plans or life insurance policies Donate an item for the Legacy Celebration auction Participate in the annual raffles for Steelers and Penguins tickets Place a Mother’s Fund rose pin display at your place of business Provide sponsorship support for events and publications Serve as a spokesperson for the Community Foundation Volunteer to assist with mailings and other administrative duties Our current focus is to increase our ability to respond to emerging and unmet needs in our community by growing the Acorn Fund, our primary unrestricted grant- making fund.
    [Show full text]
  • TRPIL Progress Report
    TRPIL Progress Report Capital Campaign Committee David Ball Bracken Burns Doctor Anthony Canterna Ron Foil Chrissy Kramer John Luckhardt Edward C. Morascyzk Steve Morgan Jim Pierotti Karen Sarkis Sonny Spossey Kathleen Kleinmann (TRPIL CEO) Fun at the 5K! April 28th, 2018 was our 3rd annual Walk, Run, Roll 5K! Take a look at how much fun we had! Save the dates! Our Golf Outing is September 24, 2018! At Lone Pine County Club we will once again be having a blast tackling the 18 hole course! The WCCF Day of Giving is September 12th! WCCF will be matching a portion of your donation from 8am to 8pm on this day—be sure to help us out and donate! Please put them on your calendar today! Thank you to all of our donors, who are listed inside of this publication! We cannot express how grateful we are for your support! 5/2018 Page 2 TRPIL Progress Report Trpil thanks its donors! $100,000 and Above William Nalitz Anonymous $1,000 and Above (cont.) Brownfield Grant Bracken and Kathryn Burns Local Share Account Chambers Insurance Agency PA Redevelopment Assistance Capital Program Daniel Wind Redevelopment Authority of the County of David Davis Communications Washington EQT Corporation $50,000 and Above Eric and Linda Wright Allegheny Foundation First Energy Foundation Goetz Family Foundation Fourth Presbyterian Church $10,000 and Above Jan Kosek First Federal Savings and Loan Association of Joann Naser ffGreene County John Luckhardt FISA Foundation Kenneth Kulak Massey Charitable Trust National Council on Independent Living Leo and Adele Trich PNC Bank Charitable Trust Matt Aloiso UMPC Millcraft Investments Washington Financial Charitable Foundation Net Xperts LLC $5,000 and Above Patrick Gray Centene Corporation Patrick Griffith Kathleen Kleinmann Pennsylvania Health and Wellness Key Bank Progressive Mobility $1,000 and Above Sonny Spossey Appraisal Nation, LLC Tony Canterna Astroturf Corporation $500 and Above Brentwood Bank Amy and Ron D'Amico Columbia Gas of PA BABB Inc.
    [Show full text]
  • Community Health Needs Assessment Final Report
    Community Health Needs Assessment Final Report for the defined communities of Monongahela Valley Hospital and The Washington Hospital As of 6-28-13 Prepared by: Washington County Health Partners, Inc. 190 North Main Street, Suite 208 Washington, PA 15301 2012 Community Health Needs Assessment Hospital Defined Community Table of Contents Introduction ............................................................................................................................................. 4 Qualifications ....................................................................................................................................... 4 Collaborators and Community Definition ............................................................................................ 7 Community Health Needs Assessment Process ...................................................................................... 9 Logic Model and Methodology ............................................................................................................ 9 Secondary Data and Public Health Input ................................................................................... 12 Primary Data and Community Input .......................................................................................... 13 Data Sources, Limitations and Data Gaps .......................................................................................... 16 Results ...................................................................................................................................................
    [Show full text]
  • Washington Trust Company Building
    NPS Form 10900 0MB No. 10240018 United States Department of the Interior ll3J National Park Service National Register of Historic Places Registration Form This form is for use in nominating or requesting determinations for individual properties and districts. See ins ction · · · .~O.Af\ Bulletin, How to Complete the National Register of Historic Places Registration Form. If any item does not pp! ~ "". documented, enter "NIA" for "not applicable." For functions, architectural classification, materials, and areas >f i;,,;,;~~~~~n~y-1 categories and subcategories from the instructions. · NOV 2 1 2014 I.Name of Property Historic name: Wasbin on Trust Com an Building Other names/site number: _;...:..c...=-..;..NIA _________________ _ Name of related multiple property listing _N_ / A______________ _ (Enter "NIA" if property is not part of a multiple property listing 2.Location Street & number: 6 S. Main Street City or town: Washington----------------------------- City State: _P_A____ County: Washington Not For Publication: NIA Vicinity: N/A 3.State/Federal Agency Certification As the designated authority under the National Historic Preservation Act, as amended, I hereby certify that this _x__ nomination _ request for determination of eligibility meets the documentation standards for registering properties in the National Register of Historic Places and meets the procedural and professional requirements set forth in 36 CFR Part 60. In my opinion, the property _X_ meets _ does not meet the National Register Criteria. I recommend that this property be considered significant at the following level(s) of significance: national statewide X local Applicable National Register Criteria: A B D ovember 18. 2014 Signature of certifying official/Title: \ Date PA Historical and Museum Commission State or Federal agency/bureau or Tribal Government 1 United States Department of the Interior National Park Service/ National Register of Historic Places Registration Form NPS Form 10900 0MB No.
    [Show full text]
  • 242 Oak Spring Road Washington, Pa 15301 Phone: 724.222.5330 Toll Free
    242 OAK SPRING ROAD ▪ WASHINGTON, PA 15301 PHONE: 724.222.5330 TOLL FREE: 888.309.7484 FAX: 724.222.4722 WWW.PENNCOMMERCIAL.EDU [email protected] This catalog outlines the current curriculum and requirements of Penn Commercial Business/Technical School also referred to as “Penn Commercial” in this publication. It may be periodically updated, reflecting changes that allow Penn Commercial to fulfill its mission and program objectives. Penn Commercial reserves the right to change any provisions, offerings, or requirements at any time within the student’s term of study without prior notice. Such changes will not conflict with those areas specifically governed by and state and federal regulations. Penn Commercial also reserves the right to make changes in administration, faculty, or any other school policy or activity without prior notice. Penn Commercial reserves the right to increase tuition and fees with 60 days written notice. In order to continually provide current information, this catalog may be amended by inserts identified as “Addendum to the 2017 School Catalog.” Such addenda are intended and are to be regarded as an integral part of this catalog. STATEMENT OF NONDISCRIMINATION Penn Commercial Business/Technical School is committed to a policy of non-discrimination in compliance with federal and state regulations. This policy is enforced in our educational programs and in our school activities, which are available to all people, without regard to sex, marital status, physical disability, race, creed, or national origin. STATEMENT OF LEGAL CONTROL Penn Commercial Business/Technical School is a private institution of higher education in the form of a business corporation.
    [Show full text]
  • Community Health Needs Assessment 2018 Final Report
    2018 Community Health Needs Assessment Hospital Defined Community Community Health Needs Assessment 2018 Final Report for the defined communities of Monongahela Valley Hospital and Washington Health System As of 6-30-19 Prepared by: LRF Consulting, LLC Burgettstown, PA 15021 LRF Consulting, LLC 0 2018 Community Health Needs Assessment Hospital Defined Community Table of Contents Qualifications ...................................................................................................................................... 4 Introduction ............................................................................................................................................ 4 Collaborators and Community Definition ........................................................................................... 7 Logic Model and Methodology ........................................................................................................... 9 Community Health Needs Assessment Process...................................................................................... 9 Secondary Data and Public Health Input .................................................................................. 12 Primary Data and Community Input ......................................................................................... 14 Data Sources, Limitations and Data Gaps ......................................................................................... 16 Results ..................................................................................................................................................
    [Show full text]
  • 2018 Annual Report
    Annual Report 2018 Page 2 TRPIL Progress Report Trpil thanks its donors! $100,000 and Above Greater Independence Through Management Anonymous Programs Brownfield Grant Highmark Blue Cross Blue Shield Mary Hillman Jennings Foundation James Hoy Local Share Account Jan Kosek PA Redevelopment Assistance Capital Program Joann Naser Redevelopment Authority of the County of John Luckhardt Washington Karyn Brooks-Magulick and Dennis Magulick $50,000 and Above Kenneth Kulak Allegheny Foundation Keystone Coach Works FISA Foundation Leo and Adele Trich Goetz Family Foundation Matt Aloiso $10,000 and Above Millcraft Investments First Federal Savings and Loan Association of Net Xperts LLC ffGreene County Observer Publishing Company Massey Charitable Trust Palermo Kissinger & Associates National Council on Independent Living Patrick Gray PNC Bank Charitable Trust Patrick Griffith Washington Financial Charitable Foundation Pennsylvania Health and Wellness $5,000 and Above Progressive Mobility Centene Corporation Range Resources Corporation Eat’n Park Robert Bruno Jan Crockett Sonny Spossey Kathleen Kleinmann South Hills Toyota/Washington Auto Mall Key Bank Tony Canterna Schneider Downs & Co., Inc. Trinity Track Club UPMC Health Plan Washington County Community Foundation $1,000 and Above William Nalitz Appraisal Nation, LLC $500 and Above Astroturf Corporation Amy and Ron D'Amico BABB Inc. Brenda Dare Blackburn's Physicians Pharmacy, Inc. Brook Ward Bracken and Kathryn Burns Chapman Corporation Brentwood Bank Christine Sheppard Chambers Insurance Agency Curt Czmiel Columbia Gas of PA Community Foundation of Greene County Curt and Kim Lute CT Consultants Deborah Holden Daniel Wind Delores Robertson David Davis Communications Don Shelpman Edward and Elaine Morascyzk Doug Bonnette EQT Corporation Edward Pahula Eric and Linda Wright Florence Moffit F & L, LLC Hartman & Hartman, Inc.
    [Show full text]
  • Washington County Comprehensive Plan
    WASHINGTON COUNTY COMPREHENSIVE PLAN A Vision Statement for the People of Washington County The people of Washington County will lead the region and the Common- wealth in working together to encourage a vibrant and prosperous quality of life for people of all ages. We will serve as an example of responsible and sustainable use of land and natural resources. With this as our foundation, we will create a climate that promotes economic diversity and emphasizes education while cele- brating our agricultural character, historical significance and scenic beauty. Adopted November 23, 2005 W A S H I N G T O N C O U N T Y C O M P R E H E N S I V E P L A N WASHINGTON COUNTY COMPREHENSIVE PLAN TABLE OF CONTENTS 1. INTRODUCTION & PUBLIC PARTICIPATION PROCESS Vision Statement ............................................................................................1-1 What is the Washington County Comprehensive Plan?...................................1-2 Public Participation Process Summary............................................................1-3 Live and Work Map Analysis .........................................................................1-17 Contiguous Municipalities Statement..............................................................1-22 Interrelationships Among Various Plan Components......................................1-23 Resolution for Adoption .................................................................................1-24 References .....................................................................................................1-26
    [Show full text]
  • 14570000 Washington County Hospital Authority
    New Issue – Book-Entry Only RATINGS: See “RATINGS” herein. In the opinion of Bond Counsel, under existing laws, regulations and judicial decisions, interest on the 2013A Bonds (including any original issue discount properly allocable to an owner and treated as interest) is excluded from gross income for federal income tax purposes. Furthermore, in the opinion of Bond Counsel, interest on the 2013A Bonds is not an item of tax preference for purposes of the federal alternative minimum tax imposed on individuals and corporations; however, with respect to corporations (as defined for federal income tax purposes), such interest is taken into account in determining adjusted current earnings for the purpose of computing the alternative minimum tax imposed on such corporations. Furthermore, in the opinion of Bond Counsel, under the laws of the Commonwealth of Pennsylvania, as presently enacted and construed, the 2013A Bonds are exempt from personal property taxes in Pennsylvania and interest on the 2013A Bonds is exempt from Pennsylvania personal income tax and from Pennsylvania corporate net income tax. Bond Counsel’s opinion is subject to continuing compliance to satisfy certain provisions of the Internal Revenue Code of 1986, as amended (See “TAX EXEMPTION AND OTHER TAX MATTERS”). $14,570,000 Washington County Hospital Authority (Washington County, Pennsylvania) Hospital Revenue Bonds, Series 2013A (The Washington Hospital Project) Dated: Date of Issuance Due: July 1, as shown on inside cover The above-referenced bonds (the “2013A Bonds”) will be issued as fully registered bonds, and shall initially be registered in the name of Cede & Co., as nominee for The Depository Trust Company (“DTC”), New York, New York, which will act as securities depository for the 2013A Bonds.
    [Show full text]