OLYMPIA PUBLIC INFRASTRUCTURE DISTRICT NO. 2
NOTICE OF CONTRACT FEE ADOPTION
NOTICE IS HEREBY GIVEN pursuant to the provisions of the Public Infrastructure District Act, Title 17D, Chapter 4 (the 'Act'), that on July 9, 2026 the Board of Trustees (the 'Board') of the Olympia Public Infrastructure District No. 2 (the 'District') adopted Resolution 2026-04 (the 'Resolution') in which, among other matters, it authorized the collection of Contract Fees as authorized by the District's Governing Document and applicable law.
SUMMARY OF THE RESOLUTION AND ACTION TAKEN BY BOARD
The Resolution was titled as follows:
A JOINT RESOLUTION OF THE BOARDS OF TRUSTEES (THE 'BOARDS') OF OLYMPIA PUBLIC INFRASTRUCTURE DISTRICT NOS. 1, 2, 3, 4, 5, 6 AND 7 (THE 'DISTRICTS'), ADOPTING A FIRST AMENDED AND RESTATED INTERLOCAL AGREEMENT WITH THE CITY OF HERRIMAN REGARDING CONTRACT FEES; AND ALSO A RESOLUTION OF THE BOARD OF DISTRICT NO. 2 APPROVING, ADOPTING, AND IMPOSING A CONTRACT FEE, AND RELATED MATTERS.
Among other matters, the Resolution adopted a Contract Fee of $15,450 per residential unit permitted within the boundary of the District, due and payable prior to the issuance of a building permit for such unit. The Contract Fees will be collected by Herriman City pursuant to the First Amended and Restated Interlocal Agreement also approved and adopted in the same Resolution. The Contract Fees shall increase by three percent (3%) each calendar year beginning in 2027. The anticipated revenue from the Contract Fees so collected is to be pledged to the repayment of bonds to be issued by the District, as authorized by separate action of the Board.
The quorum of the Board present at the July 9, 2026, meeting voted unanimously to approve the Resolution.
A copy of the Resolution and the Indenture are on file at Snow Jensen & Reece, P.C., 912 West 1600 South, Suite B-200, St. George, Utah 84770, where they may be examined during regular business hours from 9:00 a.m. to 4:00 p.m. Monday through Friday, for a period of at least thirty (30) days from and after the date of publication of this notice. For electronic copies of the Resolution and Indenture, please call (435) 628-3688 or email mence@snowjensen.com.
NOTICE IS FURTHER GIVEN that pursuant to Utah Code ยง17B-1-313, a period of thirty (30) days from and after the date of the publication of this notice is provided by law during which any person in interest shall have the right to contest the regularity, formality, or legality of the Resolution, 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 this July 9, 2026.
/s/ Kirk Young
District Clerk
Notice of Special Accommodations (ADA)
The District complies with the Americans with Disabilities Act by providing accommodations and auxiliary communicative aids and services for all those in need of assistance. Persons requesting these accommodations for public meetings should call Kristi Barker at 435-628-3688 at least 24 hours before the meeting.
Notice of Electronic or Telephone Participation
Unless otherwise noted on the posted Agenda, meetings of the Board of Trustees will be held in person. For meetings held via videoconferencing or telephonic communication Trustees and other meeting participants and attendees will be able to participate remotely. Persons requesting video conference or telephonic accommodation for public meetings should call Kristi Barker at 435-628-3688 to make arrangements.