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 September 6, 2023, the Mayor and Town Council of Lynndyl Town, Millard County, Utah (the 'Issuer'), adopted a resolution (the 'Resolution') declaring its intention to issue its Parity Water Revenue Bonds (the 'Bonds') and called a public hearing to receive input from the public with respect to the issuance of the Bonds and 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 Governing Body shall hold a public hearing on October 4, 2023, at the hour of 7:00 p.m. in the Town offices, located at 98 East Center Street, Lynndyl, 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 $700,000 for the purpose of financing all or a portion of the costs of improvements to the Town's culinary water system, including the drilling of a new well, construction of a well house, installation of transmission line, chlorination system, SCADA system and related improvements and paying costs of issuance of the Bonds. The Bonds shall be secured by culinary water system revenues of the Town 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 Governing Body may determine.
DATED this 6th day of September, 2023.
/s/ Carly Nielson
Town Clerk
(To be posted no less than 14 days before the public hearing.)
Notice of Special Accommodations (ADA)
NOTICE OF SPECIAL ACCOMMODATION DURING PUBLIC MEETINGS In compliance with the Americans with Disabilities Act, individuals needing special accommodations (including auxiliary communicative aids and services) during this meeting should notify Carly Nielson 435-994-1533.