Notice of Public Hearing - SBSRD GO Bond Election 2026
Notice Type(s)
Notice,
Meeting,
Hearing
Event Start Date & Time
September 23, 2026 06:00 PM
Description/Agenda
NOTICE OF PUBLIC HEARING
NOTICE IS HEREBY GIVEN pursuant to the provisions of the Local Government Bonding Act, Title 11, Chapter 14, Utah Code Annotated 1953, as amended, that on August 19, 2026, the County Council (the 'Council') of Summit County, Utah (the 'County'), acting as the governing body of the Snyderville Basin Special Recreation District, Summit County, Utah, (the 'District'), adopted a resolution (the 'Resolution') in which it authorized the calling of an election (the 'Election') concerning a proposition for the issuance of the District's General Obligation Bonds (the 'Bonds') and called a public hearing to receive input from the public with respect to (a) the issuance of the Bonds and (b) any potential economic impact that the improvements, facilities or properties financed in whole or in part with the proceeds of the Bonds (see below) may have on the private sector.
TIME, PLACE, AND LOCATION OF PUBLIC HEARING
The Council shall hold a public hearing on September 23, 2026, at the hour of 6:00 p.m. at the Richins Building Auditorium, 1885 W. Ute Blvd., Park City, Utah, 84098. All members of the public are invited to attend and participate.
PURPOSE FOR ISSUING THE BONDS, MAXIMUM AMOUNT AND SECURITY
The Bonds are to be issued in the aggregate principal amount of not to exceed $71,000,000 for the purpose of (i) financing all or a portion of the costs of acquiring and/or constructing recreational facilities, related site improvements, and trail and open space improvements within the District and (ii) paying costs of issuance of the Bonds. The Bonds shall be secured by ad valorem property taxes levied by the County on residents within the District to the extent authorized by law.
The Bonds may be issued in one or more series and be sold from time to time, all as the Council may determine.
DATED this August 19, 2026.
/s/ Malena Stevens
County Clerk
Notice of Special Accommodations (ADA)
Individuals with questions, comments, or needing special accommodations pursuant to the Americans with Disabilities Act regarding this meeting may contact Facilities at 45-336-0156
Notice of Electronic or Telephone Participation
Join Zoom webinar: https://zoom.us/j/772302472
OR
To listen by phone only: Dial 1-301-715-8592, Webinar ID: 772 302 472