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Date:
September 28, 2021
Time:
10:30 AM
Location:
County Commissioners Hearing Room
Address:
175 Main Street
2nd Floor, Courthouse

Prince Frederick, MD 20678
Contact:
410-535-1600 ex. 2210 Sharon Strand
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Passage of Bond Sale Resolution

Tuesday, September 28, 2021

PROPOSED ISSUANCE OF COUNTY COMMISSIONERS OF CALVERT COUNTY, MARYLAND CONSOLIDATED PUBLIC IMPROVEMENT AND REFUNDING BONDS, 2021 SERIES The Board of County Commissioners of Calvert County will conduct a public hearing on Tuesday, September 28, 2021 at 10:30 A.M. with respect to a Resolution to be considered by the Board (the "Resolution"), which will provide for the issuance and sale by County Commissioners of Calvert County (the “County”), in one or more series, of its general obligation consolidated public improvement bonds in an aggregate amount not to exceed $28,700,000 (the “Bonds”).

The Bonds, if issued, will be issued pursuant to Chapter 54 of the Laws of Maryland of 2005, Chapter 77 of the Laws of Maryland of 2008, Chapter 381 of the Laws of Maryland of 2009, Chapter 150 of the Laws of Maryland of 2011, Chapter 56 of the Laws of Maryland of 2013, Chapter 43 of the Laws of Maryland of 2014, Chapter 182 of the Laws of Maryland of 2016, Chapter 80 of the Laws of Maryland of 2017, Chapter 117 of the Laws of Maryland of 2018, Chapter 96 of the Laws of Maryland of 2019, Chapter 326 of the Laws of Maryland of 2020, Chapter 729 of the Laws of Maryland of 2021, and Section 19-207 of the Local Government Article of the Annotated Code of Maryland, as amended, for the purpose of (a) financing all or a portion of the costs associated with the acquisition, alteration, construction, reconstruction, enlargement, equipping, expansion, extension, improvement, rehabilitation, renovation, upgrading, repair and development of (1) Fire, Rescue and EMS Building and Apparatus, (2) the Public Safety 800 MHz System, (3) Detention Center, (4) County Office Building, (5) Chesapeake Hills Golf Course Clubhouse, (6) County Park Upgrades, (7) County Road Repairs/Upgrades (8) Appeal Salt Barn, (9) Twin Beach Library, (10) Beach Elementary, (11) Mount Harmony Elementary, (12) Northern Middle, (13) Southern Middle, (14) Calvert Elementary, (15) Solomons Septage, (16) Prince Frederick Wastewater Pump Station, (17) Solomons Headworks, (18) Wastewater Treatment Plant, (19) Appeal Transfer Station, and (20) Barstow Convenience Center, (b) refunding certain outstanding County general obligation bonds and (c) paying costs, fees and expenses incurred in the issuance and sale of the Bonds. 

The Resolution will also (1) prescribe the aggregate principal amount, form and maturities of the Bonds, or the manner of determining the same, and other details incident to the sale thereof: (2) provide that the Bonds shall be issued and sold upon the full faith and credit of the County; (3) provide for a continuing disclosure agreement relating to the Bonds; (4) authorize the President of the Board to specify, prescribe, determine, provide for or approve certain matters, details, forms, documents or procedures appropriate to the authorization, sale, security, issuance, delivery or payment of or for the Bonds; (5) provide that certain additional matters in connection with the Bonds, including (without 2 limitation) the rate or rates of interest on the Bonds or a change in the date or time of the sale of the Bonds, be approved by the Board pursuant to a resolution or resolutions supplemental to the Resolution, which supplemental resolution or resolutions may be adopted on the day of consideration by the Board; (6) provide for the assessment and levy in each year, so long as any of the Bonds are outstanding and unpaid, of an ad valorem tax on all property subject to taxation within Calvert County in rate and amount sufficient to provide funds for the payment of the maturing principal of and interest on the Bonds; and (7) generally provide for and determine various matters in connection therewith.

 Interested persons are urged to view the proposed Resolution and related documents on the County website at calvertcountymd.gov. The proposed Resolution may be substantively modified, revised, amended or otherwise changed based upon comments received at the public hearing (Meeting location will be confirmed with the publication of the Agenda prior to the meeting and hearing). Written comments will be made a part of the record if received by close of business the day before the public hearing at the following address: County Commissioners of Calvert County, c/o Clerk to the Board, Courthouse, 175 Main Street, Prince Frederick, Maryland 20678. This meeting will be streamed live on the County’s website. If you wish to listen via telephone, please call:

U.S. toll-free number: 888-475-4499 or 877-853-5257
Meeting ID: 899 4188 8251
Passcode (if asked): #
Request to speak: *9

 If you wish to speak at this public hearing, please press *9 when the floor is opened for public comment. Speakers will be identified by the last four digits of their phone number and unmuted when called on. Speakers will be asked to state their name and address. Speakers who are providing comment as individuals will be allocated two minutes. Speakers who are the designated representative of a group will be allocated five minutes. 

The Board of County Commissioners does not discriminate on the basis of age, sex (including pregnancy) (except where age or sex are essential bona fide occupational requirements), sexual orientation, marital status, ancestry or national origin, religion, race, color, genetic information, actual or perceived disability, or gender-related identity or expression. Any reasonable accommodation for persons with disabilities or linguistic barriers should be requested by contacting the Board of County Commissioners office at (410) 535-1600 ext. 2202 or TTY: 1-800-735-2258.