Invitation to Submit Arguments For or Against General Obligation Bonds
General Information
- Government Type
- Municipality
- Entity
- American Fork
- Public Body
- City Council
Notice Information
- Notice Title
- Invitation to Submit Arguments For or Against General Obligation Bonds
- Notice Tags
- Elections, Bonds
- Notice Type(s)
- Notice
- Event Start Date & Time
- August 28, 2019 05:00 PM
- Event End Date & Time
- September 3, 2019 05:00 PM
- Description/Agenda
- INVITATION TO SUBMIT ARGUMENTS FOR OR AGAINST GENERAL OBLIGATION BONDS The November 5, 2019, General Election ballot will include General Obligation Bonds. The ballot title shall read as follows: AMERICAN FORK FIRE STATION BOND Shall American Fork City, Utah be authorized to issue General Obligation Bonds in a principal amount not to exceed $8,500,000 and to mature in no more than 21 years from the date or dates of issuance of such bonds for the purpose of paying all or a portion of the costs of purchasing real property, acquiring, constructing, and equipping a new fire station ('Station') and related improvements? If the Bonds are issued as planned, without regard to the taxes currently levied for outstanding bonds that will reduce over time, an annual property tax to pay debt service on the proposed bonds will be required over a period of 21 years in the estimated amount of $38.94 per year on a $ 300,000 primary residence and in the estimated amount of $70.80 per year on a business having the same value. The City has other outstanding bonds for which a tax decrease would occur upon the retirement of such bonds, which may not occur if the proposed bonds are issued. The foregoing information is only an estimate and is not a limit on the amount of taxes that the City may be required to levy to pay debt service on the bonds. The City is obligated to levy taxes to the extent provided by law in order to pay the bonds. To vote in favor of the above bond issue, select the box immediately adjacent to the words 'FOR THE ISSUANCE OF BONDS.' To vote against the bond issue, select the box immediately adjacent to the words 'AGAINST THE ISSUANCE OF BONDS.' FOR THE ISSUANCE OF BONDS (YES) AGAINST THE ISSUANCE OF BONDS (NO) Any eligible voter may request to submit an argument for or against the Bonds in accordance with Utah State Code ยง59-1-1604. Requests to submit an argument must be filed with the election officer (American Fork City Recorder) no later than September 3rd at 5 p.m. Requests may be submitted at the American Fork city recorder's office at 51 East Main Street, American Fork, Utah, or emailed terilyn@afcity.net. For more information, please contact the city recorder at 801-763-3000.
- Notice of Special Accommodations (ADA)
- NOTICE OF SPECIAL ACCOMMODATION DURING PUBLIC MEETINGS In compliance with the Americans with Disabilities Act, individuals needing special accommodations (including auxiliary communicative aids and services) during this meeting should notify Terilyn Lurker at 801-763-3000.
- Notice of Electronic or Telephone Participation
- NA
Meeting Information
- Meeting Location
-
51 E. Main Street
American Fork,
Show in Apple Maps Show in Google Maps - Contact Name
- Terilyn Lurker
- Contact Email
- tlurker@americanfork.gov
- Contact Phone
- (801)763-3000
Notice Posting Details
- Notice Posted On
- August 28, 2019 04:55 PM
- Notice Last Edited On
- August 28, 2019 04:55 PM
Board/Committee Contacts
| Member | Phone | |
|---|---|---|
| Ernie John | ejohn@americanfork.gov | N/A |
| Bradley J. Frost | mayor@americanfork.gov | N/A |
| Staci Carroll | scarroll@americanfork.gov | N/A |
| Tim Holley | tholley@americanfork.gov | N/A |
| Ryan Hunter | rhunter@americanfork.gov | N/A |
| Clark Taylor | ctaylor@americanfork.gov | N/A |
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