NOTICE OF PUBLIC HEARING
COUNTY COUNCIL OF LEXINGTON COUNTY
LEXINGTON, SOUTH CAROLINA
Notice is hereby given that a public hearing will be held by the County Council of Lexington County, South Carolina (the "County Council"), in County Council Chambers, 212 S. Lake Drive, Lexington, South Carolina, at 6:00 p.m. South Carolina time on August 11, 2026.
The purpose of such public hearing is to make a finding as to whether it may be in the interest of the Lexington County Rural Recreation District (the "District") to authorize the Lexington County Recreation and Aging Commission on behalf of the District to issue general obligation bonds in the principal amount of not exceeding $74,000,000 (the "Bonds"). The Bonds are to be issued in anticipation of funding capital improvements including but not limited to the construction and equipping of a multi sports complex which could include a large capacity indoor sports events center and a number of playing fields, all of which will be designed for both regular daily use and tournament and championship level play.
For the payment of the principal of and interest on the Bonds, as they respectively mature, and for the creation of such sinking fund as may be necessary therefor, the full faith, credit, resources and taxing power of the District shall be irrevocably pledged, and there shall be levied annually by the Auditor of Lexington County and collected by the Treasurer of Lexington County, in the same manner as county taxes are levied and collected, a tax without limit on all taxable property of the District sufficient to pay the principal and interest on the Bonds as they respectively mature and to create such sinking fund as may be necessary therefor.
Both proponents and opponents of the proposed action shall be given full opportunity to be heard.
LEXINGTON COUNTY COUNCIL
IPL0358785
Jul 22 2026