Notice of Public Hearing - For The LBA of Harrisville City
Notice Tags
Bonds
Notice Type(s)
Notice,
Meeting,
Hearing,
Bond
Event Start Date & Time
June 11, 2024 07:00 PM
Event End Date & Time
June 11, 2024 09:12 PM
Event Deadline Date & Time
05/15/24 03:12 PM
Description/Agenda
NOTICE OF PUBLIC HEARING
LOCAL BUILDING AUTHORITY OF
HARRISVILLE CITY, UTAH
PUBLIC NOTICE IS HEREBY GIVEN that on June 11, 2024, the Governing Board of the Local Building Authority of Harrisville 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 project for which the bonds pay all or part of the cost, 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 the acquisition, construction and improvement of a City Hall and offices, police station, public works facility, parks and recreational facilities, and related improvements (collectively, 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. Instead, the Issuer will pledge, pursuant to a Master Indenture, the revenues attributable to the System 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 7:00 p.m. on June 11, 2024. The public hearing will be held at 363 W. Independence Blvd., in Harrisville, 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, 363 W. Independence Blvd., Harrisville, Utah 84404.
DATED May 14, 2024.
HARRISVILLE CITY, UTAH
Notice of Special Accommodations (ADA)
In compliance with the Americans with Disabilities Act, individuals needing special accommodations to participate in the meeting, should notify the City Recorder's Office, 801.782.9648 at least three working days prior to the meeting.