Public Hearing - Centerville General Obligation Bond
Notice Tags
Bonds, Cemeteries
Notice Type(s)
Notice,
Hearing
Event Start Date & Time
October 5, 2021 07:00 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 August 3, 2021, the City Council (the 'Council') of Centerville City, Utah (the 'City'), adopted a resolution (the 'Resolution') in which it authorized the calling of an election (the 'Election') concerning a proposition for the issuance of the City'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 Tuesday, October 5, 2021, at the hour of 7:00 p.m., or as soon thereafter as the matter may be heard, in the City offices, located at 250 North Main, Centerville, Utah. 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 $7,000,000 for the purpose of financing all or a portion of the costs of a City Cemetery, purchase of land, renovations and related improvements and paying costs of issuance of the Bonds. The Bonds shall be secured by ad valorem property taxes of the City 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 August 3, 2021.
/s/ Jennifer Hansen
City Recorder
Notice of Special Accommodations (ADA)
Centerville City, in compliance with the Americans With Disabilities Act, provides accommodations and auxiliary communicative aids and services for all those citizens in need of assistance, including hearing devices. Persons requesting these accommodations for City-sponsored public meetings, services, programs, or events should call Jacob Smith, Administrative Services Director, at 801-295-3477,giving at least 24 hours notice prior to the meeting.
Notice of Electronic or Telephone Participation
Meetings of the City Council of Centerville City may be conducted via electronic means pursuant to Utah Code Ann. 52-4-207, as amended. In such circumstances, contact will be established and maintained via electronic means and the meeting will be conducted pursuant to the Electronic Meetings Policy
established by the City Council for electronic meetings.