Selbyville July 20 Bond voting


TOWN OF SELBYVILLE

The Town of Selbyville announces that on Wednesday, June 29, 2011, after a Public Hearing and Notice, the Mayor and Council voted in final approval to order that a Special Election be held on July 20, 2011 for the purpose of voting for or against the issuance of up to $1,400,000.00 maximum principal amount of general obligation bonds to provide financing for the installation of a new drinking well. The Town anticipates that the bonds will be payable over a 30 year period, with interest at 0% per annum and 100% principal forgiveness upon completion of the project. The Special Election shall be conducted at the Town Hall located at 68 W Church Street, Selbyville, Delaware 19975 and the polls shall open at 12:00 P.M. and shall close at 6:00 P.M. Any person who is entitled to vote in the annual election if it were held on such date shall be entitled to one (1) vote in the Special Election. Voter registration shall be open until July 19, 2011 at 4:00 P.M.
CP 20110701 1T