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Date:
November 30, 2022
Time:
9:30 AM - 10:00 AM
Location:
Commission Chambers
Address:
325 2nd Ave N
Room 105

Great Falls, MT 59401
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Special Commission Meeting

Wednesday, November 30, 2022

he Board of County Commissioners will broadcast the Special Commission Meeting in-person and via Zoom. Webinar participants must register in advance for the meeting: After registering, you will receive a confirmation email containing information about joining the webinar. If you need dial in access: 888 788 0099 (Toll Free) or 877 853 5247 (Toll Free). Webinar ID: 843 9506 9279 Password: 770208

NOTICE OF PUBLIC HEARING ON A PROPOSED PROJECT ON BEHALF OF MONTANA RENEWABLES, LLC, AND THE ISSUANCE OF REVENUE BONDS TO FINANCE ALL OR A PORTION OF THE COSTS OF CERTAIN SOLID WASTE DISPOSAL AND INDUSTRIAL SEWAGE FACILITIES   CASCADE COUNTY, MONTANA

NOTICE IS HEREBY GIVEN that the Board of County Commissioners of Cascade County, Montana (the “County”), will hold a public hearing on November 30, 2022, at 9:30 a.m. in the Commission Office, Courthouse Annex, 325 2nd Avenue North, Room 111, Great Falls, Montana, on a proposal that the County issue its solid waste disposal and sewage facility revenue bonds or notes, in one or more series, in an aggregate principal amount not to exceed $275,000,000 (the “Bonds”), under Montana Code Annotated, Title 90, Chapter 5, Part 1, as amended.

Proceeds of the Bonds would be loaned to Montana Renewables, LLC, a Delaware limited liability company (the “Borrower”), for the purpose of: (i) financing, refinancing or reimbursing all or a portion of the costs of solid waste disposal and sewage facilities pursuant to Internal Revenue Code Section 142(a)(5) and (6), including design, construction, acquisition and installation of improvements capable of producing renewable fuels from feedstock, including tallow; related industrial sewage facilities; and related improvements (collectively, the “Project”); (ii) funding any necessary reserves; (iii) funding interest on the Bonds during construction of the Project, if necessary or desirable; and (iv) paying costs associated with the issuance of the Bonds.  The Project will be owned and operated by the Borrower and will be located at 1807 3rd St NW, Great Falls, Montana 59404.    

The Bonds will be special, limited obligations of the County, and the Bonds and interest thereon will be payable solely from the revenues pledged to the payment thereof.  The Bonds will not give rise to or constitute a pecuniary liability of the County or a charge against its general credit or taxing powers.

All persons interested may appear and be heard at the time and place set forth above, or may file written comments with the County Clerk and Recorder prior to the date of the hearing set forth above.  Further information may be obtained by calling the office of the Board of County Commissioners of the County by telephone at (406)-454-6810 or by email at commission@cascadecountymt.gov.

            Dated:  November 9, 2022.

BY ORDER OF THE BOARD OF CASCADE COUNTY COMMISSIONERS

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