Notice is hereby given that Cullman Electric Cooperative (CEC), 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 for an irrevocable standby letter of credit with Peoples Bank of Alabama, for the benefit of United States Department of Agriculture Rural Utility Service (RUS), not to
exceed $5,000,000.00. The purpose for said letter of credit shall be to secure obligations set forth in a grant agreement between CEC and RUS.
Cullman Electric Cooperative provides electric power to members located in the counties of Cullman, Morgan, Winston and Lawrence in the State of Alabama.
A hearing of thePetition has been scheduled for the 20th day of October, 2022, at 2:00 P.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 16th day of September, 2022.
State of Alabama