Legal Notice
Notice is hereby given that Cullman Electric Cooperative, an electric cooperative of the State of Alabama, has filed its Petition with the Department of Finance of the State of Alabama, for the consent to execute, ratify and deliver a loan agreement and secured promissory note to the National Rural Utilities Cooperative Finance Corporation in the amount of $50,000,000.00. The purposes for said loan shall be to provide for additional electrical power substations pursuant to an agreement with the Tennessee Valley Authority and to fund the remaining build-out cost of a fiber network for broadband internet services and downline electric device connectivity within the Cullman Electric Cooperative’s service area in the counties of Cullman, Morgan, Winston and Lawrence in the State of Alabama.
A hearing of the Petition has been scheduled for the 6th day of March, 2025, at 11:00 A.M. in Room E-317 of the State Capitol, 600 Dexter Avenue, Montgomery, Alabama 36104. All interested persons may appear and contest the Petition if they wish.
Done, at Montgomery, Alabama, this the 27th day of January , 2025.
State of Alabama
Department of Finance
Bill Poole
Finance Director
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