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 August 18, 2020, the City Council (the 'Council') of Spanish Fork City, Utah (the 'Issuer'), adopted a resolution (the 'Resolution') in which it authorized the issuance of the Issuer's Water Revenue Bonds, Series 2020 (the 'Series 2020 Bonds') (to be issued in one or more series and with such other series or title designation(s) as may be determined by the Issuer), and called a public hearing to receive input from the public with respect to (a) the issuance of that portion of the Series 2020 Bonds issued under the Act and (b) any potential economic impact that the Project described herein to be financed with the proceeds of the Series 2020 Bonds issued under the Act may have on the private sector.
TIME, PLACE AND LOCATION OF PUBLIC HEARING
The Issuer shall hold a public hearing on September 15, 2020, at the hour of 6:00 p.m. at the Spanish Fork Fairgrounds, High Chaparral Building, 475 South Main Street, Spanish Fork City, Utah. The purpose of the hearing is to receive input from the public with respect to (a) the issuance of that portion of the Series 2020 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 Series 2020 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 SERIES 2020 BONDS
The Series 2020 Bonds will be issued for the purpose of (a) finance the construction of water system improvements and all related improvements (collectively, the 'Project'), (b) funding a debt service reserve fund, if necessary and (c) pay costs of issuance of the Series 2020 Bonds.
DATED this August 18, 2020.
/s/ Kent Clark
City Recorder
Notice of Special Accommodations (ADA)
SPANISH FORK CITY does not discriminate on the basis of race, color, national origin, sex, religion, age or disability in the employment or the provision of services. If you need special accommodation to participate, please contact the City Manager's Office at 804-4500.