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Notice of Public Hearing for Water Bonds

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General Information

Government Type
Municipality
Entity
Payson
Public Body
City Council

Notice Information

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Notice Title
Notice of Public Hearing for Water Bonds
Notice Subject(s)
Bonds
Notice Type(s)
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 (ADA)
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.

Meeting Information

Meeting Location
439 West Utah Avenue
Payson, 84651
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Contact Name
Kim Holindrake
Contact Email
kimh@payson.org
Contact Phone
(801)465-5205

Notice Posting Details

Notice Posted On
February 09, 2019 07:02 PM
Notice Last Edited On
February 09, 2019 07:02 PM

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