General Information

Government Type

County

Entity

Salt Lake County

Public Body

Council Public Notice

Notice Information

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Notice Title

Notice of Public Hearing

Notice Tags

County Government

Notice Type(s)

Notice

Event Start Date & Time

November 2, 2021 04:00 PM

Event End Date & Time

November 2, 2021 04:30 PM

Event Deadline Date & Time

11/02/21 01:00 AM

Description/Agenda

NOTICE OF PUBLIC HEARING WITH RESPECT TO NOT TO EXCEED $50,000,000 OF SALT LAKE COUNTY, UTAH HOUSING REVENUE BONDS (SLCC - TAYLORSVILLE CAMPUS PROJECT) SERIES 2021 Notice is hereby given that on Tuesday, November 2, 2021, a public hearing, as required by Section 147(f) of the Internal Revenue Code of 1986, as amended (the 'Code'), will be held by the County Council (the 'Council') of Salt Lake County, Utah (the 'County') with respect to the proposed issuance by the Public Finance Authority (the 'Authority') a commission organized under and pursuant to the provisions of Sections 66.0301, 66.0303 and 66.0304 of the Wisconsin Statutes, as amended, of its qualified 501(c)(3) bonds in one or more series, in the aggregate principal amount not to exceed $50,000,000 (the 'Bonds'). The hearing will commence at 4:00 p.m., or as soon thereafter as the matter can be heard and will be held at the Salt Lake County Council Chambers, 2001 South State Street N1-110, Salt Lake City, Utah. The Bonds are expected to be issued pursuant to Section 66.0304 of the Wisconsin Statutes, as amended, and the proceeds from the sale of the Bonds will be loaned to NCCD - Taylorsville Properties LLC, whose sole member is the National Campus and Community Development Corporation, a Texas nonprofit corporation, (collectively, the 'Borrower'), for the purpose of financing all or a portion of the acquisition, construction and equipping of certain educational and student living facilities for Salt Lake Community College ('SLCC') including a four-story, approximately 133,340 square foot building for 117 student apartments (the 'Project'). The Project is located on a 2.69-acre site at SLCC's Taylorsville Redwood Campus, which campus is generally bound by Bruin Blvd. on the north, S. Redwood Rd. on the east, and Community Blvd. on the south and west, and with a principal address to be located on or about 4474 S. Redwood Road, Salt Lake City, Utah. The Project will initially be owned via a leasehold interest by the Borrower and the Borrower will operate the Project. The Bonds will be special limited obligations of the Authority payable solely from the loan repayments to be made by the Borrower, and certain funds and accounts established by the transaction documents for the Bonds. The Bonds will not be an obligation in any way of the County. The hearing will provide a reasonable opportunity to be heard for persons wishing to express their views on the merits of the Project, its location, the issuance of the Bonds or related matters. The public may join the hearing electronically using the following Webex link: Link: https://slco.webex.com/slco/onstage/g.php?MTID=eb937420f0c99199942552665a0d9980e Individuals wishing to comment electronically must access the meeting using the Webex link above by the beginning of the 'Citizen Public Input' portion of the meeting. If an individual is unable to attend the meeting, they may also email their comments to councilwebex@slco.org by 10:00 AM the day of the meeting to have those comments distributed to the Council and read into the record at the appropriate time. Please include 'Resident' ahead of your first name when you join the meeting or you will not be identified as wanting to give comment. Additional information may be obtained from the County at its office shown above or by calling (385) 468-7350. Subsequent to the hearing, the Council will consider approving the Bonds. SALT LAKE COUNTY, UTAH Dated: October 19, 2021

Notice of Special Accommodations (ADA)

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Notice of Electronic or Telephone Participation

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Meeting Information

Meeting Location

2001 South State Street
N2-110 Council Chambers
SLC, UT 84114
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Contact Name

Catalina Davison

Contact Email

cdavison@slco.org

Contact Phone

(385)468-7500

Notice Posting Details

Notice Posted On

October 25, 2021 09:05 AM

Notice Last Edited On

October 25, 2021 09:05 AM

Deadline Date

November 2, 2021 01:00 AM

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