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ELECTION NOTICE Special Bond Election

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General Information

Government Type
Municipality
Entity
Cottonwood Heights
Public Body
City Council

Notice Information

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Notice Title
ELECTION NOTICE Special Bond Election
Notice Tags
Elections, Public Meetings
Notice Type(s)
Notice
Event Start Date & Time
November 5, 2024 07:00 AM
Event End Date & Time
November 5, 2024 08:00 PM
Description/Agenda
E L E C T I O N N O T I C E To all qualified electors of the city of Cottonwood Heights, Utah: Take notice that on November 5, 2024, 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 Cottonwood Heights, 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 Salt Lake County Clerk's website at https://www.slco.org/clerk/ or at the City's website at https://www.cottonwoodheights.utah.gov/. To obtain information regarding the location of a polling place, voters may also call 801-944-7010. The Election will be held for the purpose of submitting the following ballot proposition: OFFICIAL BALLOT PROPOSITION FOR THE CITY OF COTTONWOOD HEIGHTS, UTAH SPECIAL BOND ELECTION NOVEMBER 5, 2024 /s/ Paula Melgar City Recorder PROPOSITION Shall the city council (the 'Council') of the city of Cottonwood Heights, Utah (the 'City'), be authorized to issue General Obligation Bonds in an amount not to exceed Thirty Million Dollars ($30,000,000) (the 'Bonds') for the purpose of financing and refinancing a portion of the costs to acquire and improve land (including prior bond carrying costs for the same), provide public open space and amenities, pedestrian improvements, and other needed infrastructure to facilitate economic development, community events and activities in and around the City's proposed Town Center at approximately 2300 East and Fort Union Blvd., said Bonds to be due and payable in no more than thirty-one (31) years from the date of issuance of the Bonds? Property Tax Cost of Bonds: If the Bonds are issued as planned, a property tax sufficient to pay debt service on the Bonds will be required over a period of thirty (30) years in the estimated average amount of $134.89 per year on a $770,100 primary residence and in the estimated amount of $245.28 per year on a business property having the same value. 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 Cottonwood Heights, 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 November 19, 2024 (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 of the District Court of Salt Lake County within the prescribed forty (40) day period. GIVEN by order of the City Council of the city of Cottonwood Heights, Utah. By: /s/ Michael T. Weichers Mayor ATTEST: By: /s/ Paula Melgar City Recorder AVISO SOBRE LA ELECCI N A todos los electores calificados de la ciudad de Cottonwood Heights, Utah: Tengan en cuenta que el 5 de noviembre de 2024, entre las 7:00 a. m. y las 8:00 p. m., se llevar a cabo una elecci n especial de bonos (la 'Elecci n de Bonos') en la ciudad de Cottonwood Heights, Utah (la 'Ciudad'), conjuntamente con las elecciones generales que se celebrar n ese d a. La informaci n sobre los centros de votaci n para cada distrito electoral, cada centro de votaci n anticipada, y cada centro de votaci n el d a de las elecciones, incluidos los cambios de ubicaci n de un centro de votaci n y la ubicaci n de un centro de votaci n adicional, se puede encontrar en el sitio web de Informaci n electr nica para votantes a nivel estatal en vote.utah.gov o en el sitio web de la Secretaria del Condado de Salt Lake en https://www.slco.org/clerk/ o en el sitio web de la Ciudad en https://www.cottonwoodheights.utah.gov/. Para obtener informaci n sobre la ubicaci n de un centro de votaci n, los votantes tambi n pueden llamar al 801-944-7010. La Elecci n se llevar a cabo con el prop sito de presentar la siguiente propuesta de votaci n: PROPUESTA DE VOTACI N OFICIAL PARA LA CIUDAD DE COTTONWOOD HEIGHTS, UTAH ELECCI N ESPECIAL DE BONOS 5 DE NOVIEMBRE DE 2024 /s/ Paula Melgar Registrador de la ciudad PROPUESTA Debe autorizarse al ayuntamiento (el 'Ayuntamiento') de la ciudad de Cottonwood Heights, Utah (la 'Ciudad') a emitir Bonos de Obligaci n General por un monto que no exceda los treinta millones de d lares ($30,000,000) (los 'Bonos') con el prop sito de financiar y refinanciar una parte de los costos para adquirir y mejorar el terreno (incluidos los costos previos de tenencia de bonos para el mismo), proporcionar espacios de reas verdes y servicios recreativos, mejoras peatonales y otra obra de gran envergadura necesaria para facilitar el desarrollo econ mico, eventos y actividades comunitarios dentro y alrededor del Town Center propuesto por la ciudad en aproximadamente 2300 East y Fort Union Blvd., dichos Bonos vencer n y ser n pagaderos en no m s de treinta y un (31) a os a partir de la fecha de emisi n de los Bonos? Costo del impuesto a la propiedad de los bonos: Si los Bonos se emiten seg n lo planeado, se requerir un impuesto a la propiedad suficiente para pagar el servicio de la deuda de los Bonos durante un per odo de treinta (30) a os por el monto promedio estimado de $134.89 por a o en una residencia principal de $770,100 y por el monto estimado de $245.28 por a o en una propiedad comercial que tenga el mismo valor. La informaci n anterior es solo una estimaci n y no es un l mite en la cantidad de impuestos que el Ayuntamiento pueda tener la obligaci n de recaudar para pagar el servicio de la deuda de los Bonos. El Ayuntamiento est obligado a recaudar impuestos en la medida prevista por la ley para pagar los Bonos. Los montos se basan en varias suposiciones y estimaciones, incluido el servicio de la deuda estimado de los Bonos y los valores imponibles de las propiedades en la ciudad de Cottonwood Heights, Utah. A FAVOR DE LA EMISI N DE BONOS (S ) EN CONTRA LA EMISI N DE BONOS (NO) De conformidad con las disposiciones aplicables de la ley del estado de Utah, el per odo permitido para cualquier impugnaci n de la Elecci n de Bonos finalizar cuarenta (40) d as despu s del 19 de noviembre de 2024 (la fecha en la que se escrutar n los resultados de la Elecci n de Bonos y se declarar n los resultados). No se mantendr dicha impugnaci n a menos que se presente una queja que cumpla con los requisitos de la ley aplicable ante el Secretario del Tribunal de Distrito del Condado de Salt Lake dentro del per odo prescrito de cuarenta (40) d as. OTORGADO por orden del Ayuntamiento de la ciudad de Cottonwood Heights, Utah. Por: /s/ Michael T. Weichers Alcalde DOY FE: Por: /s/ Paula Melgar Registrador de la ciudad
Notice of Special Accommodations (ADA)
In compliance with the Americans with Disabilities Act, individuals needing special accommodations or assistance during this meeting shall notify the Deputy City Recorder, at 801-944-7021 at least 24 hours prior to the meeting. If you would like to submit written comments on any agenda item they should be received by Paula Melgar, City Recorder no later than Tuesday at noon. Comments can be emailed to recorder@ch.utah.gov.
Notice of Electronic or Telephone Participation
Council Members may participate in the meeting via telephonic communication. If a Council Member does participate via telephonic communication, the Councilmember will be on speakerphone. The speakerphone will be amplified so that the other Council Members can hear.

Meeting Information

Meeting Location
2277 E Bengal Blvd
Cottonwood Heights , UT 84015
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Contact Name
Tiffany Janzen
Contact Email
tjanzen@ch.utah.gov

Notice Posting Details

Notice Posted On
October 02, 2024 03:33 PM
Notice Last Edited On
October 02, 2024 03:33 PM

Audio File Address

Audio File Location
https://www.youtube.com/channel/UCIhfiB3MWvwca7f_BxyDfVg

Download Attachments

File Name Category Date Added
Election Notice (English Only) - Cottonwood Heights GO Bond Election 2024 (4).docx Public Information Handout 2024/10/02 03:31 PM
Election Notice (Spanish) - Cottonwood Heights GO Bond Election 2024 (3).docx Public Information Handout 2024/10/02 03:31 PM


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