General Information

Government Type

Municipality

Entity

Lehi

Public Body

City Council

Notice Information

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Notice Title

Lehi City- Request for Public Comment on Loan Application to the Board of Water Resources

Notice Type(s)

Notice

Event Start Date & Time

November 10, 2025 12:32 PM

Event End Date & Time

December 16, 2025 05:00 PM

Description/Agenda

NOTICE TO USERS OF THE SYSTEM REQUEST FOR PUBLIC COMMENT ON LOAN APPLICATION TO THE BOARD OF WATER RESOURCES Lehi City (the 'City') has applied to the Utah Board of Water Resources ('Board of Water Resources') for a loan (the 'Loan') to finance a portion of the cost of the acquisition, construction and installation secondary water meters (the 'Project') to the City's culinary water and pressurized irrigation system (the 'System'). Security for the Loan would be provided through the sale of a non-voted revenue bond (the 'Bond') to the Board of Water Resources. The Bonds will be issued for a total of $2,000,000, which amount will be repaid to the Board of Water Resources over a period of approximately 15 years with an interest rate of 1.00%. Payments will be made from the net revenues of the System. It is not expected that the Issuer's water rates will increase in order to pay for the Project It is the policy of the Board of Water Resources to provide a 15-day period for public comment prior to the purchase of any non-voted revenue bonds. In this regard, the Board is soliciting the comments of the users of the System (either for or against the Project). Interested individuals are encouraged to respond in writing before December 16, 2025. All written comments received prior to that date will be reviewed by the Board of Water Resources prior to the final decision on whether to proceed with the Bond purchase. Comments should be addressed either to the City or the Board of Water Resources: Lehi City 153 North 100 East Lehi, Utah 84043 or Board of Water Resources P.O. Box 146x201 Salt Lake City, Utah 84114-6201 Thank you for your consideration in this matter Sincerely, LEHI CITY, UTAH By Mark Johnson Mayor

Notice of Special Accommodations (ADA)

In compliance with the Americans with Disabilities Act, persons in need of special accommodations should contact the City Recorder at 768-7100 ext. 2254.

Notice of Electronic or Telephone Participation

N/A

Meeting Information

Meeting Location

153 N 100 E
Lehi, UT 84043
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Contact Name

Teisha Wilson

Contact Email

twilson@lehi-ut.gov

Contact Phone

(385)201-2269

Notice Posting Details

Notice Posted On

November 10, 2025 12:33 PM

Notice Last Edited On

November 10, 2025 12:33 PM

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