PUBLIC NOTICE AND AGENDA
RIDGES ESTATES INFRASTRUCTURE FINANCING DISTRICT
SPECIAL MEETING
NOTICE IS HEREBY GIVEN THAT THE BOARD OF TRUSTEES OF RIDGES ESTATES INFRASTRUCTURE FINANCING DISTRICT WILL HOLD A SPECIAL MEETING ON WEDNESDAY, MAY 14, 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. Renewal of Trustees' Conflict of Interest Disclosure Forms and Ethical Behavior Pledge Forms
C. Consent Items
1. Approve the draft minutes of the board meeting held on December 11, 2024.
D. Action Items
1. Consider adopting Resolution 2025-01: A resolution of the Board of Trustees of the Ridges Estates Infrastructure Financing District (the 'District'), authorizing the issuance and sale of the issuance of the District's Special Assessment Bonds, Series 2025 (Alpine Hollow Assessment Area) (the 'Series 2025 Bonds') in the aggregate principal amount of not to exceed $32,573,000; fixing the maximum principal amount of the Series 2025 Bonds, the maximum number of years over which the Series 2025 Bonds may mature, the maximum interest rate which the Series 2025 Bonds may bear, and the maximum discount from par at which the Series 2025 Bonds may be sold; delegating to certain officers of the District the authority to approve the final terms and provisions of the Series 2025 Bonds within the parameters set forth herein; authorizing the execution by the District of an indenture of trust and pledge, a preliminary limited offering memorandum, a limited offering memorandum, a bond purchase agreement, a continuing disclosure agreement, a completion agreement, a collateral assignment agreement and other documents required in connection therewith; approving the appraisal for the Assessment Area; 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 the amended tentative operating and capital budget for calendar year 2025 and set a public hearing to take public comment on the same.
E. Administrative Non-Action Items
1. Annual Board Training - Open and Public Meetings Act (https://training.auditor.utah.gov)
2. Open meeting discussion with Board members of any infrastructure financing district business.
F. Adjourn
The District complies 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 District complies 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: Ridges Estates - Board Meeting
Time: May 14, 2025 10:00 AM Mountain Time (US and Canada)
Join Zoom Meeting
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Meeting ID: 810 0084 1489
Passcode: 895289
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