South Weber Local Building Authority Public Hearing
Notice Tags
Bonds
Notice Type(s)
Notice,
Meeting,
Hearing
Event Start Date & Time
July 25, 2023 06:00 PM
Description/Agenda
NOTICE OF PUBLIC HEARING
LOCAL BUILDING AUTHORITY OF SOUTH WEBER CITY, UTAH
PUBLIC NOTICE IS HEREBY GIVEN that on July 25, 2023, the Governing Board (the 'Governing Board') of the Local Building Authority of South Weber City, Utah (the 'Issuer') will hold and conduct a public hearing to receive input from the public with respect to the issuance of lease revenue bonds (the 'Bonds') and the potential economic impact that the project for which the bonds pay all or part of the cost will have on the private sector, pursuant to Section 11-14-318 of the Utah Code Annotated 1953, as amended.
PURPOSE FOR THE ISSUANCE OF THE BONDS
The Issuer intends to issue the Bonds for the purpose of (1) financing a portion of the costs of the acquisition, construction, and improvement a public works facility (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 Issuer intends to issue the Bonds in an amount not to exceed $10,000,000.
THE TAXES, IF ANY, PROPOSED TO BE PLEDGED
The Issuer will not pledge any taxes of the Issuer for the payment of the Bonds.
TIME, PLACE AND LOCATION OF PUBLIC HEARING
The Issuer will hold and conduct a public hearing during a public meeting that is to begin at 6:00 p.m. on July 25, 2023. The public hearing will be held at 1600 East South Weber Drive, in South Weber, Utah. All members of the public are invited to attend and participate in the public hearing. Prior to the public hearing, written comments may be submitted to the Issuer, to the attention of the City Recorder, 1600 East South Weber Drive, South Weber, Utah 84405.
DATED July 6, 2023.
LOCAL BUILDING AUTHORITY OF SOUTH WEBER CITY, UTAH
Notice of Special Accommodations (ADA)
In compliance with the Americans with Disabilities Act, individuals needing special accommodations during this meeting should notify the City Recorder, 1600 East South Weber Drive, South Weber, Utah 84405 (801-479-3177) at least two days prior to the meet