NOTICE OF RESOLUTION AND BONDS TO BE ISSUED
NOTICE IS HEREBY GIVEN that the Board of Trustees (the 'Board') of the Arrowhead
Springs Public Infrastructure District (the 'District') adopted a Resolution on October 14, 2025
(the 'Resolution') in which it made a finding that it had obtained the consent of 100% of the
required surface property owners within the boundaries of the District (the 'Prope1ty Owner
Consents') to the issuance of not to exceed FORTY-FIVE MILLION DOLLARS ($45,000,000)
of limited tax bonds (the 'Bonds') for the purpose of paying all or a portion of the costs of public
infrastructure and improvements, as permitted under Title 17B and Title 17D, Chapter 4 of the
Utah Code Annotated 1953, as amended ('Utah Code'). Notice is further given that on such date
there were no registered voters residing within the boundaries of the District. A copy of the
Resolution is attached hereto as Appendix 1.
Within the Resolution, the Board declared its intent to issue Bonds, in one or more series,
the debt service upon which is repayable from taxes levied against property within the boundaries
of the District, subject to a maximum mill levy for repayment of 0.006 per dollar of taxable value
(and subject to adjustment as provided in Section l 7D-4-301(13) of the Utah Code) which may be
imposed for a period of up to forty ( 40) years from the first date of imposition thereof with respect
to each series of Bonds. The Board further declared its intent to issue such Bonds on or before
October 14, 2035.
The Prope1ty Owner Consents are binding on the Prope1ty Owners and their successors in
title and assigns and all future residents, owners, lessors, voters, and taxpayers of the District, and
no fu1ther consent of property owners within the District will be required by the District to issue
the Bonds.
NOTICE IS FURTHER GIVEN that a period of thi1ty (30) days from and after the date of
the publication of this notice is provided by law during which any person in interest shall have the
right to contest the regularity, formality, or legality of the Resolution, and that after such time, no
one shall have any cause of action to contest the regularity, formality, or legality thereof for any
cause whatsoever.
4930-0339-6451, V. 4
ARROWHEAD SPRINGS PUBLIC
INFRASTRUCTURE DISTRICT
Notice of Special Accommodations (ADA)
The District complies with the Americans with Disabilities Act by providing accommodations and auxiliary communicative aids and services for all those in need of assistance. Persons requesting these accommodations for public meetings should call Kristi Barker at 435-628-3688 at least 24 hours before the meeting.
Notice of Electronic or Telephone Participation
Unless otherwise noted in the posted Agenda, meetings of the Board of Trustees will be held in person. For meetings held via videoconferencing or telephonic communication Trustees and other meeting participants and attendees will be able to participate remotely. Persons requesting video conference or telephonic accommodations for public meetings should call Kristi Barker at 435-628-3688 to make arrangements.