General Information

Government Type

Special Service District

Entity

North Fork Special Service District

Public Body

North Fork Special Service District

Notice Information

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Notice Title

Notice of Public Hearing

Notice Type(s)

Notice, Hearing, Bond

Event Start Date & Time

July 10, 2025 07:00 PM

Description/Agenda

NOTICE OF PUBLIC HEARING PUBLIC NOTICE IS HEREBY GIVEN that on July 10, 2025, the Administrative Control Board (the 'Board') of the North Fork Special Service District, Utah (the 'District'), will hold a public hearing to receive input from the public with respect to the issuance of its Sewer Revenue Bonds (the 'Bonds'), to finance all or a portion of the cost of increasing the capacity at its existing sewer treatment plant and various other improvements and upgrades to the Issuer's sewer and wastewater system (the 'System'), including, but not limited to, those improvements and upgrades listed on the Issuer's capital facilities plan (the 'Project') and the potential economic impact that the Project will have on the private sector, pursuant to the Local Government Bonding Act, Title 11, Chapter 14, Utah Code Annotated 1953, as amended (the 'Act'). PURPOSE FOR ISSUING BONDS The District intends to issue the non-voted revenue Bonds for the purpose of (1) financing a portion of the costs of the Project, (2) funding any necessary reserves and contingencies in connection with the Bonds, and (3) paying the costs incurred in connection with the issuance and sale of the Bonds. The Board has determined that the Project is necessary to provide reliable sewer and wastewater treatment that complies with all current applicable regulations. DESCRIPTION OF THE BONDS The District intends to issue the Bonds in an aggregate principal amount not exceeding Three Million Five Hundred Fifty-one Thousand Dollars ($3,551,000) to finance a portion the Project. The Bonds are currently expected to bear interest at a rate of 4.00% per annum and to mature over a period of approximately 23.5 years. Annual debt service payments on the Bonds are currently expected to be approximately $261,000. REVENUES PROPOSED TO BE PLEDGED The District proposes to pledge to the payment of the Bonds all revenues, fees, income, rents and receipts derived by the District from or attributable to the System (the 'Revenues'). No taxes are proposed to be pledged to the repayment of the Bonds. This District currently levies a rate of $86.00 per month per Residential Toilet Equivalent; however, rate increases may be necessary to cover the cost of debt service on the Bonds. Current user charge rates and connection fees are available on the District's website www.northforkdistrictutah.gov. TIME, PLACE AND LOCATION OF PUBLIC HEARING The District will hold a public hearing during a Board meeting which begins at 7:00 p.m. on July 10, 2025. The public hearing will be held via Zoom and details on how to participate on the Zoom. All members of the public are invited to attend and participate in the public hearing. Those desiring to participate should check the agenda for the meeting for details on how to join and participate via Zoom; the agenda will be posted on the Utah Public Notice website (www.utah.gov/pmn/) at least 24 hours prior to the meeting. Written comments may be submitted to the District, to the attention of the District Clerk at 8838 North Alpine Loop, Provo, Utah 84604, prior to the public hearing. PURPOSE FOR HEARING The purpose of the hearing is to receive input from the public with respect to the issuance of the Bonds and the potential economic impact that the Project will have on the private sector. DATED this 10th day of June, 2025. ______________________________________ District Clerk, North Fork Special Service District, Utah Monthly Meeting of the Board of Officers Public Hearing 1. Public hearing to receive input from the public regarding the issuance of up to $3,551,000 of sewer revenue bonds and the potential economic impact the financed project will have on the private sector Public Comments Action Items 1. Consideration of a master resolution providing for the issuance of sewer revenue bonds and providing for related matters 2. Consideration of a supplemental resolution authorizing the issuance of up to $3,551,000 of Sewer Revenue Bonds, Series 2025, and providing for related matters 3. Approval of the June 2025, Monthly Meeting Minutes District Clerk Informational Items 1. Fire/EMS Reports-Chief David Marsella 2. District Clerk Information-Emily Johnson 3. Financial Information-Joseph Martin 4. Water/Wastewater Report-Aubree Lincoln 5. Committee Reports-All Committee Chairs

Notice of Special Accommodations (ADA)

In compliance with the Americans with Disabilities Act, individuals needing special accommodations (including auxiliary communicative aids and services) during this meeting should notify Emily Johnson at 801-225-7263 admin@nfssd.org

Notice of Electronic or Telephone Participation

The District will hold a public hearing during a Board meeting which begins at 7:00 p.m. on July 10, 2025. The public hearing will be held via Zoom and details on how to participate on the Zoom. All members of the public are invited to attend and participate in the public hearing. Those desiring to participate should check the agenda for the meeting for details on how to join and participate via Zoom; the agenda will be posted on the Utah Public Notice website (www.utah.gov/pmn/) at least 24 hours prior to the meeting. Written comments may be submitted to the District, to the attention of the District Clerk at 8838 North Alpine Loop, Provo, Utah 84604, prior to the public hearing Topic: NFSSD Wastewater Bond Hearing & Board Meeting Time: Jul 10, 2025 07:00 PM Mountain Time (US and Canada) Join Zoom Meeting https://us02web.zoom.us/j/82359842139?pwd=vbxxqyK86KfGYHcvb7erE4Q7S3opQY.1 Meeting ID: 823 5984 2139 Passcode: 997086 --- One tap mobile +13126266799,,82359842139#,,,,*997086# US (Chicago) +16465588656,,82359842139#,,,,*997086# US (New York) --- Dial by your location - +1 312 626 6799 US (Chicago) - +1 646 558 8656 US (New York) - +1 646 931 3860 US - +1 301 715 8592 US (Washington DC) - +1 305 224 1968 US - +1 309 205 3325 US - +1 669 900 9128 US (San Jose) - +1 689 278 1000 US - +1 719 359 4580 US - +1 253 205 0468 US - +1 253 215 8782 US (Tacoma) - +1 346 248 7799 US (Houston) - +1 360 209 5623 US - +1 386 347 5053 US - +1 507 473 4847 US - +1 564 217 2000 US - +1 669 444 9171 US Meeting ID: 823 5984 2139 Passcode: 997086 Find your local number: https://us02web.zoom.us/u/kcMYmx29SN

Meeting Information

Meeting Location

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Provo, UT 84604
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Contact Name

Emily Johnson

Contact Email

admin@nfssd.org

Contact Phone

(801)225-7263

Notice Posting Details

Notice Posted On

June 17, 2025 02:08 PM

Notice Last Edited On

July 08, 2025 10:22 AM

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