PUBLIC NOTICE AND AGENDA
PANORAMA PUBLIC INFRASTRUCTURE DISTRICT NOS. 1-5
COMBINED SPECIAL MEETING
NOTICE IS HEREBY GIVEN THAT THE BOARD OF TRUSTEES OF PANORAMA PUBLIC INFRASTRUCTURE DISTRICT NOS. 1-5 WILL HOLD A COMBINED SPECIAL MEETING ON
THURSDAY, JANUARY 16, 2025 AT YORK HOWELL, 10610 SOUTH JORDAN GATEWAY, SUITE 200, SOUTH JORDAN, UTAH 84095
AT 10:00am
A. Call to Order
B. Preliminary Action Items
1. Oaths of Office
2. Election of District Chair
3. Election of District Treasurer/Vice Chair
4. Election of District Clerk/Secretary
5. Discussion of Trustees' Conflict of Interest Disclosure Forms and Ethical Behavior Pledge Forms
C. Action Items
1. Consider approval and ratification of the Interlocal Agreement between Herriman City and the Districts, which is signed by Herriman City and attached to the Governing Document, and authorizing the District Chair to sign.
2. Consider approval of Resolution 2025-01: A resolution adopting rules of order.
3. Consider approval of Resolution 2025-02: A resolution implementing an electronic meetings policy.
4. Consider approval of Resolution 2025-03: A resolution adopting District bylaws, including ethics and fraud prevention policies.
5. Consider approval of Resolution 2025-04: A resolution implementing a District records policy.
6. Consider approval of Resolution 2025-05: A resolution authorizing the annexation of certain property within the Annexation Area into the Districts; and related matters.
7. Consider approval of Resolution 2025-06: A resolution of the Board of Trustees of Panorama Public Infrastructure District No. 1 (the 'Issuer'), authorizing the issuance and sale of Limited Tax General Obligation Bonds, Series 2025A and Subordinate Limited Tax General Obligation Bonds, Series 2025B in the combined aggregate principal amount of not to exceed $55,000,000; 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 Issuer the authority to approve the final terms and provisions of the bonds within the parameters set forth herein; providing for the publication 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 indentures, a preliminary limited offering memorandum, a limited offering memorandum, a bond purchase agreement, a continuing disclosure agreement; 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.
8. Consider authorizing the District Chair to (a) obtain a general liability policy proposal from Utah Local Governments Trust or such other insurance provider, (b) accept any policy proposal for aggregate coverage of a minimum of $2 million with an annual premium not to exceed $3,000; and (c) to adjust the policy period as needed to coordinate with pending bond issuance.
9. Consider authorizing the District Chair to obtain public officials' bonds for the District's officers from Utah Local Governments Trust or such other insurance provider in the amounts of $250,000 for the District Treasurer and $100,000 for each of the other District Officers, and authorizing the payment of premiums for the same.
10. Consider approval of a tentative District board meeting calendar for the calendar year of 2025.
11. Consider approval of an engagement agreement for legal services between the District and York Howell, and authorizing the District Chair to sign.
12. Consider authorizing the Notice of Public Infrastructure Districts to be filed with the Salt Lake County Recorder's Office in compliance with the Governing Document, and authorizing the District Chair to sign.
13. Consider approval of the proposed Funding and Reimbursement Agreement (Administrative) between the District and DAI, Inc., and authorizing the District Chair to sign.
14. Consider approval of the proposed Infrastructure Acquisition and Reimbursement Agreement between the District and DAI, Inc., and authorizing the District Chair to sign.
D. Administrative Non-Action Items
1. Board Training - Open and Public Meetings Act
2. Training required by state auditor for new board members: https://training.auditor.utah.gov
E. Adjourn
The Districts comply with the Americans with Disabilities Act by providing reasonable accommodations for those in need of assistance. Persons requesting accommodations for public meetings should call Ashley Tedesco at 801-527-1023 at least one (1) full business day before the meeting.
Notice of Special Accommodations (ADA)
The Districts comply with the Americans with Disabilities Act by providing reasonable accommodations for those in need of assistance. Persons requesting accommodations for public meetings should call Ashley Tedesco at 801-527-1023 at least one (1) full business day before the meeting.
Notice of Electronic or Telephone Participation
Topic: Panorama Public Infrastructure District Nos. 1-5 -- Initial Board Meeting
Time: Jan 16, 2025 10:00 AM Mountain Time (US and Canada)
Join Zoom Meeting
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Meeting ID: 816 5546 2844
Passcode: 947542
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