NOTICE OF PUBLIC HEARING- Parity Water Revenue Bond
Notice Type(s)
Notice,
Hearing,
Bond
Event Start Date & Time
December 3, 2025 06:00 PM
Description/Agenda
NOTICE OF PUBLIC HEARING
PUBLIC NOTICE IS HEREBY GIVEN that on November 5, 2025, the Mayor and City Council of Ephraim City (the 'Issuer'), adopted a resolution (the 'Resolution') declaring its intention to issue its Parity Water Revenue Bonds in the principal amount of up to $500,000 with interest at a rate not to exceed 2.5% per annum payable over a period of not more than 35 years (the 'Bonds') pursuant to the Bonding Act, Title 11, Chapter 14, Utah Code Annotated 1953, as amended and to call a public hearing to receive input from the public with respect to the issuance of the Bonds.
The Issuer shall hold a public hearing on December 3, 2025, at the hour of 6:00 p.m. The location of the public hearing is in the City Office, 5 South Main, Ephraim, Utah. The purpose of the meeting is to receive input from the public with respect to the issuance of the Bonds and any potential economic impact to the private sector from the construction of water system improvements, including replacement of culinary pipelines in Ephraim Canyon, together with related improvements to be funded by the Bonds. All members of the public are invited to attend and participate.
DATED this 5th day of November, 2025.
/s/ Candice Maudsley
Notice of Special Accommodations (ADA)
This facility is wheelchair accessible and handicap parking is available. Request for accommodations and interpretive services must be made three (3) working days prior to the meeting. Please contact the city office at 283-4631 for information or assistance.
Notice of Electronic or Telephone Participation
NA
Other Information
The City Council may vote to discuss certain matters in Closed Session pursuant to Utah Code annotated 52-4-5.