ENOCH CITY, IRON COUNTY, UTAH NOTICE OF PUBLIC HEARING AND INTENT TO ISSUE SALES TAX REVENUE BONDS
Notice Tags
Notice
Notice Type(s)
Notice,
Hearing,
Bond
Event Start Date & Time
September 16, 2026 06:00 PM
Event End Date & Time
September 16, 2026 07:00 PM
Description/Agenda
ENOCH CITY, IRON COUNTY, UTAH NOTICE OF PUBLIC HEARING AND INTENT TO ISSUE SALES TAX REVENUE BONDS
PUBLIC NOTICE IS HEREBY GIVEN that the City Council (the 'Council') of Enoch City, Iron County, Utah (the 'City'), shall hold a public hearing to receive input from the public with respect to the issuance of its Sales Tax Revenue Bonds (the 'Bonds') to finance all or a portion of the cost of the acquisition and construction of a park and related improvements (the 'Project') and the potential economic impact that the Project will have on the private sector, pursuant to the Local Government Bonding Act, Title 11, Chapter 14, Utah Code Annotated 1953, as amended (the 'Act').
PURPOSE FOR ISSUING BONDS
The City intends to issue the Bonds for the purpose of (1) financing all or a portion of the costs of Project, and (2) paying the costs incurred in connection with the issuance and sale of the Bonds.
MAXIMUM PRINCIPAL AMOUNT OF THE BONDS
The City intends to issue the Bonds in an aggregate principal amount not exceeding $5,000,000.
SALES TAXES PROPOSED TO BE PLEDGED
The City proposes to pledge to the payment of the Bonds all of the legally available revenues from Local Sales and Use Taxes received by the City pursuant to Title 59, Chapter 12, Part 2, Utah Code.
TIME, PLACE AND LOCATION OF PUBLIC HEARING
The City will hold a public hearing during its City Council meeting that begins at 6:00 p.m. on September 16, 2026. The public hearing will be held at the regular meeting place of the Council at 900 East Midvalley Road, in Enoch, Utah 84721. All members of the public are invited to attend and participate in the public hearing. Written comments may be submitted to the City, to the attention of the City Recorder, prior to the public hearing.
PURPOSE FOR HEARING
The purpose of the hearing is to receive input from the public with respect to the issuance of the Bonds and the potential economic impact that the Project will have on the private sector.
DATED September 1, 2026.
ENOCH CITY, UTAH