General Information

Government Type

State Agency

Entity

Office of State Treasurer

Public Body

Utah Charter School Finance Authority

Notice Information

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Notice Title

Notice of Public Hearing (TEFRA)

Notice Type(s)

Notice, Meeting, Hearing, Bond

Event Start Date & Time

February 11, 2026 09:00 AM

Event End Date & Time

February 11, 2026 09:15 AM

Description/Agenda

NOTICE OF PUBLIC HEARING AND OF BONDS TO BE ISSUED NOTICE IS HEREBY GIVEN that on January 30, 2026 the Utah Charter School Finance Authority (the 'Authority') adopted a resolution (the 'Resolution') declaring its intent to issue charter school revenue bonds in an amount not to exceed $6,000,000 (the 'Bonds') and to mature on or prior to December 31, 2062, pursuant to Title 53G, Chapter 5, Part 6, Utah Code Annotated 1953, as amended and the Utah Industrial Facilities and Development Act, Title 11, Chapter 17, Utah Code Annotated 1953, as amended (collectively, the 'Act'). The Authority or its designee shall hold a public hearing on Wednesday, February 11, 2026, at the hour of 9:00 a.m. to receive input from the public with respect to the issuance of the Bonds and the financing and/or refinancing of the Facilities (as defined below), which public hearing shall be held at the offices of the Authority, Utah State Treasurer, C180 State Capitol Complex (Room 180 in the State Capitol), Salt Lake City, Utah. Public access to the public hearing shall be both in person and by remote access. Members of the public may join the teleconference by dialing the following toll free number and entering the following passcode: (877) 230-5394 (Passcode: 2582727#). The Authority proposes to loan the proceeds of the Bonds to Paradigm High School, a Utah nonprofit corporation (the 'Borrower') pursuant to the terms of a loan agreement (the 'Loan Agreement') for the purpose of (i) financing and/or refinancing the costs of the acquisition of land and the facilities thereon located at 11527 and 11545 South 3600 West in South Jordan, Utah (the 'Series 2026 Facilities'), (ii) funding a debt service reserve fund for the Bonds, and (iii) paying certain issuance expenses (collectively, the 'Series 2026 Project'). The Bonds shall be special obligations of the Authority payable solely from amounts provided by the Borrower, including monies and securities held from time to time under a trust indenture (the 'Indenture'). The Bonds and the interest thereon will not be a general obligation debt of the Authority, the State of Utah or any political subdivision thereof, and none of the Authority, the State of Utah or any political subdivision thereof will be liable thereon. The issuance of the Bonds shall not directly, indirectly or contingently, obligate the Authority, the State of Utah or any agency, instrumentality or political subdivision thereof to levy any form of taxation therefor or to make any appropriation for their payment. The Bonds shall be issued pursuant to the Resolution and the Indenture; provided that the principal amount, interest rate or rates, maturity and discount, if any, will not exceed the respective maximums described in the Resolution. Copies of the Resolution, the Indenture and the Loan Agreement are on file in the offices of the Authority, Utah State Treasurer, C180 State Capitol Complex (Room 180 in the State Capitol), Salt Lake City, Utah, where they may be examined Monday through Friday (except on legal holidays) from 8:00 a.m. to 5:00 p.m. for a period of at least thirty (30) days from and after the date of publication of this notice. All members of the public are invited to attend and participate in the public hearing as described above. Written comments may be submitted to the Authority, Utah State Treasurer, C180 State Capitol Complex (Room 180 in the State Capitol), P.O. Box 142315, Salt Lake City, Utah 84114-2315; attention Chief Deputy State Treasurer. Written comments should be mailed in sufficient time to be received before the February 11, 2026, public hearing. Additional information can be obtained from the Authority at its office shown above or by calling (801) 538-1042. Subsequent to the public hearing, the Governor of the State of Utah will consider approving the issuance of the Bonds. NOTICE IS FURTHER GIVEN that a period of thirty (30) days after the date of publication of this notice is provided by law during which any person in interest shall have the right to contest the legality of the Resolution, the Indenture, the Loan Agreement or the Bonds, or any provision made for the security and payment of the Bonds, 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. DATED the ___ day of February, 2026. By: /s/ Scott Jones, Secretary

Notice of Special Accommodations (ADA)

In compliance with the Americans with disabilities Act, individuals needing special accommodations during this meeting should notify Reba Arndt, Administrative Assistant, at Room 180 State Capitol Building, 801-538-1042.

Notice of Electronic or Telephone Participation

One or more members of the Authority will participate via telephonic conference originated by the Chair, and the meeting shall be an electronic meeting, and the anchor location shall be the offices of the State Treasurer set forth above, within the meanin

Meeting Information

Meeting Location

350 N. State Street Ste 180
Salt Lake City, UT 84114
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Contact Name

Kirt Slaugh

Contact Email

kslaugh@utah.gov

Contact Phone

(801)538-1472

Notice Posting Details

Notice Posted On

January 23, 2026 10:55 AM

Notice Last Edited On

January 23, 2026 10:55 AM

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