TOWN COUNCIL SPECIAL MEETING
Tuesday, July 23, 2024 at 4:00 PM
Old Church, 114 S. Mill Street, Virgin UT 84779 via Zoom
AGENDA
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A. CALL TO ORDER
PUBLIC HEARING:
A. ACCEPT PUBLIC COMMENT; FOR ITEMS 1 & 2
1. The Board of Trustees of the Local Building Authority of Virgin Town (the 'Issuer'), adopted a resolution (the 'Resolution') declaring its intention to issue its Lease Revenue Bonds (the 'Bonds') and Bond Anticipation Note ('Note') pursuant to the Utah Local Government Bonding Act, Title 11, Chapter 14, Utah Code Annotated 1953, as amended and to call a public hearing to receive input from the public with respect to the issuance of the Bonds.
2. The purpose of the meeting is to receive input from the public with respect to the issuance of the Bonds and Note and any potential economic impact to the private sector from the acquisition of purchase of property for use as a town hall, public safety facility, post office and related facilities to be funded by the Lease Revenue Bonds and Note in the amount not to exceed $2,500,000 for financing the Project. All members of the public are invited to attend and participate.
B. DISCUSSION
Town Council discussion on next steps with regarding purchasing the church & property, and issuing of bonds.
CLOSE PUBLIC MEETING AND OPEN CLOSED MEETING (IF NEEDED)
ADJOURN MEETING
Motion to adjourn public meeting
Notice of Special Accommodations (ADA)
In compliance with the ADA, individuals needing special accommodations (including auxiliary communication aids and services) during this meeting should notify the Virgin Town Clerk at 435-635-4695, at least 24 hours in advance.