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Payson:
City Council

Entity: Payson

Body: City Council

Subject: Bonds

Notice Title: Notice of Public Hearing for Water Bonds

Notice Type: Notice, Meeting, Hearing

Event Start Date & Time: March 6, 2019 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, (the 'Act'), that on February 6, 2019, the City Council (the 'Council') of Payson City, Utah (the 'Issuer'), adopted a resolution (the 'Resolution') in which it authorized the issuance of the Issuer's Water Revenue Bonds, Series 2019 (to be issued in one or more series and with such other series or title designation(s) as may be determined by the Issuer) (collectively, 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 Project described herein to be financed with the proceeds of the Bonds may have on the private sector. 
TIME, PLACE AND LOCATION OF PUBLIC HEARING

The Issuer shall hold a public hearing on March 6, 2019, at the hour of 6:00 p.m. at, the Payson City Offices, 439 West Utah Avenue, Payson, Utah.  The purpose of the hearing is to receive input from the public with respect to (a) the issuance of that portion of the Bonds issued under the Act and (b) any potential economic impact that the Project to be financed with the proceeds of that portion of the Bonds issued under the Act may have on the private sector.  All members of the public are invited to attend and participate.  
PURPOSE FOR ISSUING THE BONDS 

The Bonds will be issued for the purpose of (a) financing all or a portion of the costs of construction of improvements to its secondary irrigation water system (the 'System'), including, but not limited to well rehabilitation, installation of mainline piping, installation of water meters, and all related improvements (collectively, the 'Project') and (b) paying costs of issuance of the Bonds.
DATED this February 6, 2019.

	/s/Sara Hubbs	
City Recorder



Notice of Special Accommodations:

In accordance with the Americans with Disabilities Act, Payson City will make reasonable accommodations to participate in the meeting. Requests for assistance can be made by calling 465-5205 at least 48 hours in advance of the meeting to be attended.

Notice of Electronic or telephone participation:

Some Councilmembers may attend by Electronic Device.

Other Information

This notice was posted on: February 09, 2019 07:02 PM
This notice was last edited on: February 09, 2019 07:02 PM

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