A Secure Online Service from Utah.gov

Utah.gov

Public Notice Website

Division of Archives and Records Service

NOTICE OF PUBLIC HEARING - BOND HEARING

Subscribe to Public Body

General Information

Government Type
Special Service District
Entity
Mountain Green Sewer Improvement District
Public Body
MGSID Board of Trustees

Notice Information

Add Notice to Calendar

Notice Title
NOTICE OF PUBLIC HEARING - BOND HEARING
Notice Tags
Public Meetings
Notice Type(s)
Notice, Hearing, Bond
Event Start Date & Time
March 1, 2023 06:00 PM
Event End Date & Time
March 1, 2023 08:00 PM
Event Deadline Date & Time
03/01/23 06:00 PM
Description/Agenda
NOTICE OF PUBLIC HEARING PUBLIC NOTICE IS HEREBY GIVEN that on February 1, 2023, the Board of Trustees (the 'Board') of the Mountain Green Sewer Improvement District, Utah (the 'District'), will hold a public hearing to receive input from the public with respect to the issuance of its Sewer Revenue Bonds, in one or more series (the 'Bonds'), to finance all or a portion of the cost of acquiring, constructing, improving and installing a waste water treatment plant, including retrofitting of an existing lagoon for the biological nutrient removal process involving secondary clarifiers, tertiary filtration, effluent disinfection, construction of a sewer main and a 8,500 square foot office building, site work and landscaping, SCADA, lab equipment, generator, fencing, dewatering building and lift station upgrades (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 District intends to issue the Bonds for the purpose of (1) financing a portion of the costs of the Project, (2) funding any necessary reserves and contingencies in connection with the Bonds, and (3) paying the costs incurred in connection with the issuance and sale of the Bonds. MAXIMUM PRINCIPAL AMOUNT OF THE BONDS The District intends to issue the Bonds in an aggregate principal amount not exceeding Twenty-four Million Dollars ($24,000,000) to finance a portion the Project. REVENUES PROPOSED TO BE PLEDGED The District proposes to pledge to the payment of the Bonds all revenues, fees, income, rents and receipts derived by the District from or attributable to the District's sewer and wastewater system (the 'Revenues'). No taxes are proposed to be pledged to the repayment of the Bonds. TIME, PLACE AND LOCATION OF PUBLIC HEARING The District will hold a public hearing during a special Board meeting which begins at 6:00 p.m. on March 1, 2023. The public hearing will be held at the regular meeting place of the Board, 5455 West Old Highway Road, Mountain Green, Utah, which will serve as the anchor location. Members of the public may also participate electronically via Zoom using the following: Zoom Meeting: https://us02web.zoom.us/j/82344343414 Meeting ID: 823-4434-3414. All members of the public are invited to attend and participate in the public hearing. Those desiring to participate electronically should check the agenda for the meeting to confirm -2- how to join via Zoom; the agenda will be posted on the Utah Public Notice website (www.utah.gov/pmn/) at least 24 hours prior to the meeting. Prior to the public hearing, written comments may be submitted to the District, to the attention of: District Manager, 5455 West Old Highway Road, Mountain Green, Utah 84050 or via email: manager@mgsid.com. 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. DATED this 1st day of February, 2023. Janet Boudrero Janet Boudrero, Clerk, Mountain Green Sewer Improvement District, Utah
Notice of Special Accommodations (ADA)
Our building is ADA accessible with ADA parking, ramp access, single level
Notice of Electronic or Telephone Participation
Zoom Meeting: https://us02web.zoom.us/j/82344343414 Meeting ID: 823-4434-3414

Meeting Information

Meeting Location
5455 W Old Hwy Rd
Mountain Green, UT 84050
Show in Apple Maps Show in Google Maps
Contact Name
Jeremy Sorensen
Contact Email
manager@mgsid.com
Contact Phone
4357766683

Notice Posting Details

Notice Posted On
February 06, 2023 09:58 AM
Notice Last Edited On
February 06, 2023 02:59 PM
Deadline Date
March 1, 2023 06:00 PM


Board/Committee Contacts

Member Email Phone
Nathan Hill lotharf16@hotmail.com (757)803-6304
Taylor Nielsen tayneils@gmail.com (801)940-4329
Bill Coutts coutter21@yahoo.com (817)676-8496
Russell Willardson ruwillardson@gmail.com 8012320205
Louise Earley louise_earley@yahoo.com 9403378962

Subscribe

Subscribe by Email

Subscription options will send you alerts regarding future notices posted by this Body.