NOTICE OF PUBLIC HEARING
NOTICE IS HEREBY GIVEN pursuant to the provisions of the Local Government Bonding Act, Title 11, Chapter 14, Utah Code Annotated 1953, as amended, that on August 23, 2016, the Board of Trustees (the 'Board') of Magna Water District, Utah (the 'District'), adopted a resolution (the 'Resolution') in which it authorized the calling of an election (the 'Election') concerning a proposition for the issuance of the District's General Obligation Bonds (the 'Bonds') and called a public hearing to receive input from the public with respect to (a) the issuance of the Bonds and (b) any potential economic impact that the improvements, facilities or properties financed in whole or in part with the proceeds of the Bonds (see the Project defined below) may have on the private sector. All members of the public are invited to attend and participate.
TIME, PLACE, AND LOCATION OF PUBLIC HEARING
The Board shall hold a public hearing on September 20, 2016, at the hour of 7:00 p.m. at the WWTP Administration Office, located at 7764 West 2100 South, Magna, Utah.
PURPOSE FOR ISSUING THE BONDS, MAXIMUM AMOUNT AND SECURITY
The Bonds are to be issued in the aggregate principal amount of not to exceed $22,000,000 for the purpose of financing all or a portion of the costs of various capital improvements to its culinary water, secondary water, and wastewater systems, and all related improvements (the 'Project'), and paying costs of issuance of the Bonds. The Bonds shall be secured by ad valorem property taxes of the District to the extent authorized by law.
The Bonds may be issued in one or more series and be sold from time to time, all as the Board may determine.
DATED this August 23, 2016.
/s/ LeIsle Fitgerald
Controller
Notice of Special Accommodations (ADA)
In accordance with the Americans with Disabilities Act, individuals needing reasonable accommodations for participation in the above noticed meeting should contact the District Clerk at 801-250-2118 at least three working days in advance of the meeting. The District does not discriminate on the basis of disability or any other status protected by federal, state, or local law.
Notice of Electronic or Telephone Participation
Trustees may participate electronically in the above noticed meeting in accordance with state law and District regulations. The anchor location for this meeting where the public may attend and monitor the proceedings shall be the Districts board room at 7764 West 2100 South, Magna, Utah, unless otherwise specified above. Any Trustee wishing to participate electronically must notify the District Manager or the District Clerk personally prior to the meeting and provide the telephone number at which the Trustee can be reached at the appointed time. A conference call shall be initiated from the anchor location to each Trustee participating by telephone at the appointed time. If a Trustee is having difficulty connecting to the meeting, please call the District offices at 801-250-2118. This same procedure shall be used at any continuation of this meeting, unless otherwise specified in the meeting.