General Information

Government Type

Municipality

Entity

St. George

Public Body

City Council

Notice Information

Add Notice to Calendar

Notice Title

Election Notice - GO Bond Election 2023

Notice Tags

Bonds

Notice Type(s)

Notice

Event Start Date & Time

November 21, 2023 07:00 AM

Description/Agenda

E L E C T I O N N O T I C E To all qualified electors of the City of St. George, Utah: Take notice that on November 21, 2023 between the hours of 7:00 a.m. and 8:00 p.m., a special bond election (the 'Bond Election') will be held in the City of St. George, Utah (the 'City') in conjunction with the general election to be held that day. Information regarding polling places for each voting precinct, each early voting polling place, and each election day voting center, including changes to the location of a polling place and the location of an additional polling place, may be found at the Statewide Electronic Voter Information Website at vote.utah.gov or at the Washington County Clerk/Auditor's Website at https://www.washco.utah.gov/departments/clerk-auditor/ or at the City of St. George's Website at https://www.sgcity.org. To obtain information regarding the location of a polling place, voters may also call 435-627-4000. The Election will be held for the purpose of submitting the following ballot proposition: OFFICIAL BALLOT PROPOSITION FOR THE CITY OF ST. GEORGE, UTAH SPECIAL BOND ELECTION NOVEMBER 21, 2023 /s/ Christina Fernandez City Recorder PROPOSITION Shall the City Council (the 'Council') of the City of St. George, Utah (the 'City'), be authorized to issue General Obligation Bonds (the 'Bonds') in a principal amount not to exceed Twenty Nine Million Dollars ($29,000,000) to pay all or a portion of the costs of acquiring, constructing, and improving Trails, Parks, and Recreation facilities and amenities throughout the City, for the purpose of connecting communities and revitalizing existing facilities; said Bonds to be due and payable in not to exceed twenty-five (25) years from the date of issuance of the Bonds? Property Tax Cost of Bonds: If the Bonds are issued as planned (and without regard to the existing taxes currently paid for existing bonds ('Existing Bonds') that will be retired an annual property tax sufficient to pay debt service on the Bonds will be required over a period of twenty-five (25) years in the estimated amount of $32.21 per year on a $584,740 primary residence and in the estimated amount of $58.57 per year on a business or secondary residence having the same value. As noted above, The City has Existing Bonds for which a tax decrease would occur upon the retirement of the same. The combination of the scheduled retirement of the Existing Bonds and the issuance of the proposed bonds, as planned, is expected to result in no property tax increase ($0.00) on a primary residence or business property within the City from current property tax levels. The foregoing information is only an estimate and is not a limit on the amount of taxes that the Council may be required to levy to pay debt service on the Bonds. The Council is obligated to levy taxes to the extent provided by law in order to pay the Bonds. The amounts are based on various assumptions and estimates, including estimated debt service on the Bonds and taxable values of property in the City of St. George, Utah. FOR THE ISSUANCE OF BONDS (YES) AGAINST THE ISSUANCE OF BONDS (NO) Pursuant to applicable provisions of Utah State law, the period allowed for any contest of the Bond Election shall end forty (40) days after December 6, 2023 (the date on which the returns of the Bond Election are to be canvassed and the results thereof declared). No such contest shall be maintained unless a complaint meeting the requirements of applicable law is filed with the Clerk/Auditor of the District Court of Washington County within the prescribed forty (40) day period. GIVEN by order of the City Council of the City of St. George, Utah. By: /s/ Michele Randall Mayor ATTEST: By: /s/ Christina Fernandez City Recorder

Notice of Special Accommodations (ADA)

NA

Notice of Electronic or Telephone Participation

NA

Meeting Information

Meeting Location

175 East 200 North
St. George, UT 84770
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Contact Name

Christina Fernandez

Contact Email

christina.fernandez@sgcityutah.gov

Contact Phone

(435)627-4003

Notice Posting Details

Notice Posted On

October 25, 2023 02:55 PM

Notice Last Edited On

October 25, 2023 02:55 PM

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