NOTICE OF PUBLIC HEARING
                                                                                                           ON PROPOSED ISSUANCE OF GENERAL OBLIGATION BONDS 
                                                                                                                           BY THE TOWN OF LEESBURG, VIRGINIA
                                                                                                                             FEBRUARY 27, 2024 AT 7:00 P.M.

NOTICE IS HEREBY GIVEN that the Town Council of the Town of Leesburg, Virginia (the "Town") will hold a public hearing in accordance with Section 15.2-2606 of the Code of Virginia of 1950, as amended, on the proposed issuance of one or more series of general obligation bonds in an estimated maximum principal amount of $113,000,000 (the "Bonds").  The Town proposes to issue the Bonds and use the bond proceeds to finance the costs of various capital improvement projects in the Town's Capital Improvements Program and other approved capital projects and the costs of issuing the Bonds.  The Town expects that more than ten percent of the total bond proceeds will be used to finance Police Station Expansion ($25.7M) and Town Shop Expansion and Refurbishment ($12M).

The public hearing, which may be continued or adjourned, will be held at 7:00 p.m. or as soon thereafter as the matter may be heard on Tuesday, February 27, 2024, before the Town Council of the Town (the "Town Council") in the Council Chambers, Town Hall, 25 West Market Street, in Leesburg, Virginia.

A resolution authorizing the issuance of the Bonds will be considered by the Town Council at its meeting on Tuesday, February 27, 2024, following the public hearing on the issuance of the Bonds.  The resolution is expected to authorize the issuance of Bonds in one or more series that would finance certain costs on a long-term basis and others on a short-term basis and also authorize the issuance of general obligation bonds of the Town to refinance outstanding interim financing on a long-term basis.  A copy of the proposed resolution is available from the Town Clerk, located in Town Hall.  Additional information regarding the bond financing is available in the Department of Finance, located on the first floor of the Leesburg Town Hall, 25 West Market Street, Leesburg, Virginia, during normal business hours (Monday-Friday, 8:30 a.m. to 5:00 p.m.); or by calling Eileen Boeing, Clerk of Council, at 703-771-2733.

At this hearing, all persons desiring to express their views concerning these matters will be heard.  Persons requiring special accommodations should contact the Clerk of Council at 703-771-2733, three days in advance of the meeting.  For TTY/TDD service, use the Virginia Relay Center by dialing 711.