The Ballard Water Improvement District has applied to the State of Utah
Department of Environmental Quality, Drinking Water Board for a loan to be used for
financing, in part, the costs of acquiring and constructing water system improvements,
including water connections, valves, water lines etc., and related improvements. Security
for the loan would be provided through the sale of a 'nonvoted' Water Revenue Bond to
the Drinking Water Board. The Drinking Water Board bonds will be issued in the
amount not to exceed $3,600,000, bearing no interest, to be repaid over 40 years.
Originally, the District obtained a commitment for a loan in the repayable principal
amount of $3,600,000 and principal forgiveness, which is much like a loan in the amount
of $3,500,000. However, scope of the project has been reduced and so the amount of the
loan and principal forgiveness will be reduced. Payments shall be made from the net
revenues of the District's water system. Water rates will not need to be increased to
make payments on the proposed bonds.
It is the policy of the Drinking Water Board to provide a period for public
comment. In this regard, the District invites comments on the water project and
associated loan (either favorable or negative). Interested individuals are encouraged to
respond in writing before 4:00 p.m. on November 18, 2025. The District will hold a
public meeting at 5:30 p.m., or as soon thereafter as feasible, on November 18, 2025, at
the regular meeting place of the District at the Ballard Town Hall, located at 2381 E.
1000 S., Ballard, Utah. The District will receive both written and oral comments at that
time. Your comments will be considered and if there is significant opposition to the
proposed project, the lending agency may require a bond election to obtain the Board's
funds.
All members of the public are invited to attend. Compliance with the Americans with Disability Act. Individuals needing special accommodation during these hearings should notify Secretary Kaelyn Meyers at 435-722-3393.
Notice of Special Accommodations (ADA)
In compliance with the Americans With Disabilities Act, individuals needing special accommodations during this meeting should notify Kaelyn Meyers at Ballard City Building, Route 2 Box 2381, Roosevelt, Utah 84066: 2381 East 1000 South, Ballard, Utah 84066, Phone: 435-722-3393.