Public Notice and Agenda for Black Desert Public Infrastructure District
Notice Tags
Bonds
Notice Type(s)
Notice,
Meeting
Event Start Date & Time
April 22, 2024 01:30 PM
Event End Date & Time
April 22, 2024 02:30 PM
Description/Agenda
PUBLIC NOTICE AND AGENDA
Black Desert Public Infrastructure District
Board of Trustees
Special Meeting
NOTICE IS HEREBY GIVEN THAT THE BOARD OF TRUSTEES OF BLACK DESERT PUBLIC INFRASTRUCTURE DISTRICT WILL HOLD A MEETING ON APRIL 22, 2024, AT SNOW JENSEN & REECE, P.C., 912 W. 1600 S., SUITE B-200, ST. GEORGE, UTAH 84770
AT 1:30 P.M.
A. Call to Order
B. Public Comment
C. Consent Items
1. Approve the minutes of Board meeting held on March 6, 2024.
D. Action Items
1. Consider Adoption of Proposed Resolution 2024-04, A RESOLUTION OF THE BOARD OF THE DISTRICT, AUTHORIZING THE ISSUANCE AND SALE OF JUNIOR LIEN LIMITED TAX GENERAL OBLIGATION BONDS, SERIES 2024C IN THE AGGREGATE PRINCIPAL AMOUNT OF NOT TO EXCEED $30,000,000, FIXING THE MAXIMUM AGGREGATE PRINCIPAL AMOUNT OF THE BONDS, THE MAXIMUM NUMBER OF YEARS OVER WHICH THE BONDS MAY MATURE, THE MAXIMUM INTEREST RATE WHICH THE BONDS MAY BEAR, AND THE MAXIMUM DISCOUNT FROM PAR AT WHICH THE BONDS MAY BE SOLD; DELEGATING TO CERTAIN OFFICERS OF THE DISTRICT THE AUTHORITY TO APPROVE THE FINAL TERMS AND PROVISIONS OF THE BONDS WITHIN THE PARAMETERS SET FORTH HEREIN; PROVIDING FOR THE POSTING OF A NOTICE OF PUBLIC HEARING AND BONDS TO BE ISSUED; PROVIDING FOR THE RUNNING OF A CONTEST PERIOD AND SETTING OF A PUBLIC HEARING DATE; AUTHORIZING AND APPROVING THE EXECUTION OF AN INDENTURE, A BOND PURCHASE AGREEMENT, A PLACEMENT AGENT AGREEMENT; AMENDMENTS TO THE 2021 SENIOR AND SUBORDINATE INDENTURES, AND OTHER DOCUMENTS REQUIRED IN CONNECTION THEREWITH; AUTHORIZING THE TAKING OF ALL OTHER ACTIONS NECESSARY TO THE CONSUMMATION OF THE TRANSACTIONS CONTEMPLATED BY THIS RESOLUTION; AND RELATED MATTERS.
2. Consider Adoption of Amended Authorizing Resolution 2024-05, A RESOLUTION OF THE BOARD THE DISTRICT, AMENDING THE MAXIMUM NUMBER OF YEARS OVER WHICH THE DISTRICT'S SPECIAL ASSESSMENT BONDS, SERIES 2024 (BLACK DESERT ASSESSMENT AREA #1) (THE 'SERIES 2024 BONDS'); AUTHORIZING THE TAKING OF ALL OTHER ACTIONS NECESSARY TO THE CONSUMMATION OF THE TRANSACTIONS CONTEMPLATED BY THIS RESOLUTION; PROVIDING FOR RATIFICATION OF A POSTING OF A NOTICE OF BONDS TO BE ISSUED; AND RELATED MATTERS.
E. Administrative Non-Action Items
F. Other Items From Board Members
G. Adjourn
The District complies with the Americans with Disabilities Act by providing accommodations and auxiliary communicative aids and services for all those in need of assistance. Persons requesting these accommodations for public meetings should call Jennifer Gowans at 435-628-3688 at least one full business day before the meeting.
This meeting will be simulcast via Zoom so members of the Board and the public may participate electronically.
Motions relating to any of the items listed above, including final action, may be taken. Meetings may be closed for reasons allowed by statute.
This meeting can be accessed through Zoom at:
Join Zoom Meeting
https://us06web.zoom.us/j/83989042627?pwd=mGOeX4KAUILOQNr1b6KWoAhZMGi2zI.1
Meeting ID: 839 8904 2627
Passcode: 793627
Notice of Special Accommodations (ADA)
The District complies with the Americans with Disabilities Act by providing accommodations and auxiliary communicative aids and services for all those in need of assistance. Persons requesting these accommodations for public meetings should call Jennifer Gowans at 435-628-3688 at least 24 hours before the meeting.
Notice of Electronic or Telephone Participation
Unless otherwise noted in the posted Agenda, meetings of the Board of Trustees will be held in person. For meetings held via videoconferencing or telephonic communication Trustees and other meeting participants and attendees will be able to participate remotely. Persons requesting video conference or telephonic accommodations for public meetings should call Jennifer Gowans at 435-628-3688 to make arrangements.