General Information

Government Type

Municipality

Entity

Clinton

Public Body

City Council

Notice Information

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Notice Title

REQUEST FOR PUBLIC COMMENT

Notice Type(s)

Notice

Event Start Date & Time

December 1, 2025 12:53 PM

Description/Agenda

REQUEST FOR PUBLIC COMMENT Loan Application to the Utah Board of Water Resources December 1, 2025 Dear Water User: Clinton City has applied to the Utah Board of Water Resources for a loan to pay for the construction of improvements to the City's culinary water system, including the movement and replacement of water lines along 1800 North and certain other water system improvements approved by the Board of Water Resources. The Project is part of the larger Utah Department of Transportation road project on 1800 North. It is necessary to replace decades-old water lines with modern infrastructure. The City analyzed all available funding methods, and the loan is the least burdensome option for residents. Security for the loan would be provided through the sale of a non-voted revenue bond to the Board of Water Resources. The Series 2026 Bonds will be issued in the total principal amount of approximately $3,900,000, which will be repaid to the Board of Water Resources in annual payments over a period of 15 years at 3.09% interest, or over such other period and at such other interest rate as the City may approve, not to exceed 20 years and 4.00% interest. Payments shall be made from the net revenues of the City's water system. An additional increase in City water rates is necessary to pay for the debt service on the Series 2026 Bonds. Users saw the first phase of water rate increases in August 2025. 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, such as the Series 2026 Bonds. In this regard, the Board of Water Resources wishes to solicit the comments of the City's water users (either for or against the Project). The City will hold a public hearing at 7:00 p.m., or as soon thereafter as feasible, on January 13, 2026, at the regular meeting place of the City, at 2267 North 1500 West, Clinton, Utah, to describe the Project and its need, costs and effect on water rates in the City, and to receive public comment. Interested individuals are encouraged to respond in writing before such meeting. All written comments received prior to the date of the public meeting will be reviewed by the Board of Water Resources prior to the final decision on whether to proceed with the purchase of the City's Series 2026 Bonds (i.e., the making of the loan to the City). Comments should be addressed either to Clinton City or the Board of Water Resources: Clinton City 2267 North 1500 West Clinton City, UT 84015 OR Board of Water Resources P.O. Box 146201 Salt Lake City, UT 84114-6201 Thank you for your consideration in this matter. Sincerely, Clinton City /s/ Brandon Stanger, Mayor

Notice of Special Accommodations (ADA)

NA

Notice of Electronic or Telephone Participation

NA

Meeting Information

Meeting Location

2267 N 1500 W
2267 N 1500 W
Clinton, UT 84015
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Contact Name

Lisa Titensor

Contact Email

ltitensor@clintoncity.com

Contact Phone

(801)614-0700

Notice Posting Details

Notice Posted On

December 01, 2025 12:55 PM

Notice Last Edited On

December 01, 2025 12:55 PM

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