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Sauk County Board - Notice of Public Hearing on October 16, 2012
NOTICE OF PUBLIC HEARING
Sauk County, Wisconsin will hold a public hearing at 6:00 p.m. on October 16, 2012, in the County Board Room, Sauk County West Square Building, 505 Broadway, Baraboo, Wisconsin, regarding the proposed issuance of Fond du Lac County, Wisconsin, Midwestern Disaster Area Fixed Rate Revenue Bonds, Series 2012 (Bug Tussel, LLC Project), in an aggregate amount not to exceed $12,000,000, pursuant to Section 66.1103 of the Wisconsin Statutes, to finance a multi-jurisdictional project to be owned by Hilbert Communications, LLC, a Wisconsin limited liability company, and/or one or more of its subsidiaries, including, without limitation, Bug Tussel Wireless, LLC, Cloud 1, LLC and Intelegra, LLC. The bonds will be special, limited obligations of Fond du Lac County, Wisconsin and will not constitute an indebtedness of Fond du Lac County, Wisconsin within the meaning of any state constitutional provision or statutory limitation or a charge against its general credit or taxing powers or the general credit or taxing powers of Sauk County, Wisconsin.
The multi-jurisdictional project will be located in one or more Wisconsin counties of Adams, Fond du Lac, and Sauk and consists of financing the acquisition, construction and installation of certain telecommunications infrastructure that includes, among other things (i) the acquisition by purchase or lease of land for telecommunications tower sites; (ii) constructing and equipping telecommunications towers on such sites; (iii) the installation of microwave and fiber-optic backhaul facilities; (iv) payment of capitalized interest; (v) funding of a debt service reserve fund; and (vi) payment of professional fees (collectively, the “Project”) ”), all of which will be for the purpose of providing wireless internet and telephone communications services to businesses, governmental units and residents of rural communities where such service is currently unavailable or is prohibitively expensive. Project sites in Sauk County include the City of Baraboo, Town of Troy, City of Wisconsin Dells, Town of LaValle, Town of Fairfield, Town of Freedom, Town of Washington, Village of Lake Delton, Town of Winfield, Town of Dellona, Village of LaValle, Town of Honey Creek, Town of Ironton, Town of Westfield, Village of Merrimac, Town of Franklin, Village of Prairie du Sac, City of Reedsburg, Town of Excelsior, Town of Prairie du Sac, Town of Spring Green, Town of Greenfield, and Village of West Baraboo. Maps showing precise locations are available by contacting the County Clerk.
At the hearing, all persons will be afforded a reasonable opportunity to express their views, both orally and in writing, on the proposed bonds and the location and nature of the Project proposed to be financed.
Published: September 27, 2012
Sauk County, Wisconsin
Rebecca A. DeMars, County Clerk