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Wasatch County:
Wasatch County Council

Entity: Wasatch County

Body: Wasatch County Council

Subject: Business

Notice Title: Wasatch County Council

Notice Type: Notice

Event Start Date & Time: September 19, 2018 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 July 25, 2018, the County Council (the 'Council') of Wasatch County, Utah (the 'County'), adopted a resolution (the 'Resolution') in which it authorized the calling of an election (the 'Election') concerning a proposition for the issuance of the County'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 Wednesday, September 19, 2018, at the hour of 6:00 p.m. in the Council Chambers, 25 North Main, Heber, Utah.  The purpose of the hearing is 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 may have on the private sector.  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 $10,000,000 for the purpose of financing all or a portion of the costs to acquire, preserve, or protect the permanent protection of open space within the County using all available land preservation tools, including but not limited to acquisition of land, development rights, conservation easements, maintenance of use agreements, or related operation, maintenance or start-up expenses and paying costs of issuance of the Bonds.  The Bonds shall be secured by ad valorem property taxes of the County 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 July 25, 2018.


/s/	_Brent Titcomb	
Clerk-Auditor




To be published on or about August 15, 2018 and August 22, 2018.

Notice of Special Accommodations:

Wasatch County will make efforts to provide reasonable accommodations to disabled members of the public in accessing County programs. Please contact Michelle Crook at the Wasatch County Council office at 435-657-3190 in advance if you have special needs.

Notice of Electronic or telephone participation:

There is no electronic participation at this time.

Other Information

This notice was posted on: August 06, 2018 09:39 AM
This notice was last edited on: August 06, 2018 09:39 AM

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