General Information

Government Type

Municipality

Entity

Harrisville

Public Body

City Council

Notice Information

Add Notice to Calendar

Notice Title

Harrisville City Public Hearing

Notice Tags

Bonds

Notice Type(s)

Notice, Meeting, Hearing, Bond

Event Start Date & Time

June 14, 2022 07:00 PM

Description/Agenda

CITY OF HARRISVILLE, UTAH NOTICE OF PUBLIC HEARING AND INTENT TO ISSUE SALES AND FRANCHISE TAX REVENUE BONDS PUBLIC NOTICE IS HEREBY GIVEN that the City Council (the 'Council') of the City of Harrisville, Utah (the 'City'), shall hold a public hearing to receive input from the public with respect to the issuance of its Sales and Franchise Tax Revenue Bonds (the 'Bonds') to finance all or a portion of the cost of acquisition, construction and improvement of a City Hall and offices, police station, public works facility, parks and recreational facilities, and related improvements (collectively the 'Project') and the potential economic impact that the Project will have on the private sector, pursuant to the Local Government Bonding Act, Title 11, Chapter 14, Utah Code Annotated 1953, as amended (the 'Act'). PURPOSE FOR ISSUING BONDS The City intends to issue the Bonds for the purpose of (1) financing all or a portion of the costs of the acquisition, construction and improvement of the Project and (2) paying the costs incurred in connection with the issuance and sale of the Bonds. MAXIMUM PRINCIPAL AMOUNT OF THE BONDS The City intends to issue the Bonds in an aggregate principal amount not exceeding $15,000,000. SALES TAXES PROPOSED TO BE PLEDGED The City proposes to pledge to the payment of the Bonds all of the legally available revenues from Local Sales and Use Taxes received by the City pursuant to Title 59, Chapter 12, Part 2, Utah Code and franchise taxes levied by the City. TIME, PLACE AND LOCATION OF PUBLIC HEARING The City will hold a public hearing during its City Council meeting that begins at 7:00 p.m. on June 14, 2022. The public hearing will be held at the regular meeting place of the Council at City Hall, 363 West Independence Boulevard, Harrisville, Utah. All members of the public are invited to attend and participate in the public hearing. Written comments may be submitted to the City, to the attention of the City Recorder, prior to the public hearing. PURPOSE FOR HEARING The purpose of the hearing is to receive input from the public with respect to the issuance of the Bonds and the potential economic impact that the Project will have on the private sector. NOTICE OF RIGHT TO FILE PETITION TO HOLD AN ELECTION NOTICE IS FURTHER GIVEN that pursuant to Section 11-14-307(7), Utah Code, if within 30 calendar days of the publication of this notice on May 26, 2022, a written petition requesting an election and signed by at least twenty percent (20%) of the registered voters of the City is filed with the City, then the City shall submit the question of whether or not to issue the Bonds to the voters of the City for their approval or rejection. If no written petition is filed or if fewer than 20% of the registered voters of the City sign a written petition, in either case, within 30 calendar days of the final publication of this notice on May 26, 2022, the City may proceed to issue the Bonds without an election. DATED May 24, 2022. CITY OF HARRISVILLE, UTAH

Notice of Special Accommodations (ADA)

In compliance with the Americans with Disabilities Act, individuals needing special accommodations to participate in the meeting, should notify the City Recorder's Office, 801.782.9648 at least three working days prior to the meeting.

Notice of Electronic or Telephone Participation

Pursuant to UCA 52-4-207, participants may join the meeting via Zoom: https://us02web.zoom.us/j/84666739802?pwd=VnA4T2xxcHMvclYwMEgzcjM2ZDVCdz09 Meeting ID: 846 6673 9802 Passcode: 290783

Meeting Information

Meeting Location

363 West Independence Blvd.
Harrisville, UT 84404
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Contact Name

Jack Fogal

Contact Email

jfogal@harrisvillecity.gov

Contact Phone

801-782-4100 x 1027

Notice Posting Details

Notice Posted On

May 24, 2022 02:40 PM

Notice Last Edited On

May 26, 2022 03:52 PM

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