General Information

Government Type

Municipality

Entity

Salt Lake City

Public Body

Salt Lake City Council

Notice Information

Add Notice to Calendar

Notice Title

Notice of Public Utilities Bond Anticipation Notes, Series 2025B and Revenue Refunding Bonds, Series 2025C

Notice Tags

Bonds, Notice, Public Hearing, Comments

Notice Type(s)

Notice, Hearing

Event Start Date & Time

October 7, 2025 07:00 PM

Description/Agenda

SALT LAKE CITY CORPORATION SALT LAKE CITY COUNCIL 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 (the 'Bond Act'), and the Utah Refunding Bond Act, Title 11, Chapter 27, Utah Code Annotated 1953, as amended (the 'Refunding Act' and, collectively with the Bond Act, the 'Acts') that on September 2, 2025, the City Council (the 'Council') of Salt Lake City, Utah (the 'Issuer'), adopted a resolution (the 'Resolution') in which it authorized the issuance of the Issuer's Public Utilities Revenue Bond Anticipation Notes (to be issued in one or more series and with such other series or title designation(s) as may be determined by the Issuer) (the 'Notes') and Public Utilities Revenue Refunding Bonds (to be issued in one or more series and with such other series or title designation(s) as may be determined by the Issuer) (the 'Bonds' and, collectively with the Notes, the 'Obligations') and called a public hearing. PURPOSE, TIME, PLACE AND LOCATION OF PUBLIC HEARING The Issuer shall hold a public hearing that provides an opportunity for in-person attendance and participation. Additional information is available at www.slc.gov/council/agendas. For questions, please contact the City Council Office at 801-535-7600. DATE: October 7, 2025 TIME: 7:00 PM LOCATION: Sorenson Unity Center, 1383 South 900 West, Black Box Theater Room, Salt Lake City, Utah, 84111 The purpose of the hearing is to accept public comment on a resolution authorizing the issuance and sale of up to $50,000,000 aggregate principal amount of Public Utilities revenue bond anticipation notes, Series 2025B, and up $50,000,000 aggregate principal amount of Public Utilities revenue refunding bond, Series 2025C. The notes will finance the acquisition, construction, remodeling, and improvement of a campus for Public Utilities. The Bonds will be issued for the purpose of refunding in advance of their maturity all or a portion of the currently outstanding Public Utilities Revenue and Refunding Bonds, Series 2017. PURPOSE FOR ISSUING THE OBLIGATIONS The Notes will be issued for the purpose of financing the acquisition, construction, remodeling and improvement of a campus for the Salt Lake City Department of Public Utilities (the 'Project') and paying costs of issuance of the Notes. The Bonds will be issued for the purpose of refunding in advance of their maturity all or a portion of the City's currently outstanding Public Utilities Revenue and Refunding Bonds, Series 2017 (the 'Refunded Bonds') and paying costs of issuance of the Bonds. REVENUES TO BE PLEDGED The Obligations are special limited obligations of the Issuer payable from the revenues of the Issuer's existing water, sewer, storm drain and street lighting systems (the 'Revenues'). All or a portion of the Notes may be paid with other financial sources. DATED this September 23, 2025. By: /s/Keith Reynolds Keith Reynolds, City Recorder

Notice of Special Accommodations (ADA)

People with disabilities may request reasonable accommodations, which may include alternative formats, interpreters, and other auxiliary aids and services. Please make requests at least two business days in advance. To make a request, please contact the City Council Office at council.comments@slc.gov, 801-535-7600, or relay service 711.

Notice of Electronic or Telephone Participation

The public will be able to provide comments in person at the Sorenson Unity Center. For more information, please visit www.slc.gov/council/agendas.

Meeting Information

Meeting Location

1383 South 900 West
Sorenson Unity Center, Black Box Theater Room
Salt Lake City, UT 84111
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Contact Name

Salt Lake City Council Office

Contact Email

council.comments@slc.gov

Contact Phone

(801)535-7600

Notice Posting Details

Notice Posted On

September 23, 2025 04:32 PM

Notice Last Edited On

September 23, 2025 04:32 PM

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