NOTICE OF BONDS TO BE ISSUED
NOTICE IS HEREBY GIVEN pursuant to the provisions of Sections 11-27-4, 45-1-101 and 63G-30-102, Utah Code Annotated 1953, as amended, that on March 19, 2026, the Board of Education (the 'Board') of Cache County School District, Utah (the 'District'), adopted a resolution (the 'Resolution') in which it authorized and approved the issuance of its general obligation refunding bonds, in one or more series (the 'Bonds'), in the aggregate principal amount of not to exceed Twenty-four Million Dollars, to bear interest at a rate or rates of not to exceed six percent per annum (exclusive of any default rate or rate increase due to interest on the Bonds becoming taxable); to mature over a period not to exceed ten years from their date or dates and to be sold at a discount from par, expressed as a percentage of the principal amount, of not to exceed two percent. The purchaser may be required to make a good faith deposit in connection with its agreement to purchase the Bonds.
Pursuant to the Resolution, the Bonds are to be issued for the purpose of refunding a portion of the Board's outstanding general obligation bonds (the 'Refunded Bonds'). The principal amount of the Bonds may exceed the principal amount of the Refunded Bonds.
The Bonds will be secured by the full faith and credit of the District.
The Bonds are to be issued and sold by the Board pursuant to the Resolution. A copy of the Resolution is on file in the office of the Business Administrator of Cache County School District at 84 East 2400 North, North Logan, Utah where the Resolution may be examined during regular business hours of the Business Administrator from 8:00 a.m. to 4:30 p.m. The Resolution shall be so available for inspection for a period of at least thirty days from and after the date of the publication of this notice.
NOTICE IS FURTHER GIVEN that pursuant to law for a period of thirty days from and after the date of the publication of this notice, any person in interest shall have the right to contest the legality of the above-described Resolution of the Issuer or the Bonds authorized thereby or any provisions made for the security and payment of the Bonds. After such time, no one shall have any cause of action to contest the regularity, formality or legality of the Resolution, the Bonds or the provisions for their security or payment for any cause.
DATED this 19th day of March, 2026.
BOARD OF EDUCATION OF CACHE COUNTY SCHOOL DISTRICT, UTAH
By /s/ Jared Black
Business Administrator
Notice of Special Accommodations (ADA)
In compliance with the Americans with Disabilities Act, individuals needing special accommodations (including auxiliary communicative aids and services) during this meeting should notify Taunya Mortensen at 435-752-3925.