PUBLIC NOTICE AND AGENDA of Sage Creek Infrastructure Financing District - Revision 1
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General Information
- Government Type
- Special Service District
- Entity
- Sage Creek Infrastructure Financing District
- Public Body
- Sage Creek Infrastructure Financing District
Notice Information
- Notice Title
- PUBLIC NOTICE AND AGENDA of Sage Creek Infrastructure Financing District
- Notice Tags
- Public Meetings, Bonds
- Notice Type(s)
- Notice, Meeting, Bond
- Event Start Date & Time
- October 29, 2024 02:45 PM
- Event Deadline Date & Time
- 10/28/24 02:45 PM
- Description/Agenda
- SAGE CREEK INFRASTRUCTURE FINANCING DISTRICT SPECIAL MEETING Tuesday, October 29, 2024 at 2:45 p.m. via teleconference and at MEETING PHYSICAL LOCATION: 1936 W 5600 S, Roy UT, 84067 This meeting is open to the public and may be joined using the following information: LINK: https://us06web.zoom.us/j/84401572063?pwd=yBunTtVwj40KS761xIPxYiT4hjp0i8.1 Meeting ID: 844 0157 2063 Passcode: 345801 DIAL IN: 720-707-2699 NOTICE OF SPECIAL MEETING AND AGENDA 1. Call to Order/Declaration of Quorum 2. Preliminary Action Items a. Consider Approval of Agenda 3. Public Comment - Members of the public may express their views to the Board on matters that affect the District. Comments will be limited to three (3) minutes. 4. Action Items a. 2024 Bonds i. A RESOLUTION OF THE BOARD ESTABLISHING THE TERMS AND CONDITIONS OF AN ASSESSMENT ORDINANCE FOR SAGE CREEK ASSESSMENT AREA (THE 'ASSESSMENT AREA'), AUTHORIZING THE EXECUTION OF A DESIGNATION RESOLUTION AND AN ASSESSMENT ORDINANCE FOR THE ASSESSMENT AREA; 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. ii. A RESOLUTION OF THE BOARD, AUTHORIZING THE ISSUANCE AND SALE OF THE ISSUANCE OF THE DISTRICT'S SPECIAL ASSESSMENT BONDS, SERIES 2024 (SAGE CREEK ASSESSMENT AREA) (THE 'SERIES 2024 BONDS') IN THE AGGREGATE PRINCIPAL AMOUNT OF NOT TO EXCEED $8,155,000; FIXING THE MAXIMUM PRINCIPAL AMOUNT OF THE SERIES 2024 BONDS, THE MAXIMUM NUMBER OF YEARS OVER WHICH THE SERIES 2024 BONDS MAY MATURE, THE MAXIMUM INTEREST RATE WHICH THE SERIES 2024 BONDS MAY BEAR, AND THE MAXIMUM DISCOUNT FROM PAR AT WHICH THE SERIES 2024 BONDS MAY BE SOLD; DELEGATING TO CERTAIN OFFICERS OF THE DISTRICT THE AUTHORITY TO APPROVE THE FINAL TERMS AND PROVISIONS OF THE SERIES 2024 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; AUTHORIZING THE TAKING OF ALL OTHER ACTIONS NECESSARY TO THE CONSUMMATION OF THE TRANSACTIONS CONTEMPLATED BY THIS RESOLUTION; AND RELATED MATTERS. 5. Administrative Non-Action Items a. Board Training - Open and Public Meetings Act b. Training required by state auditor for New Board Members: https://training.auditor.utah.gov 6. Adjourn
- Notice of Special Accommodations (ADA)
- The District complies with the Americans with Disabilities Act by providing accommodations and auxiliary communicative aids and services for all those in need of assistance. Persons requesting these accommodations for public meetings should call Allison Hanson at 303-858-1800 at least 24-hours before the meeting.
- Notice of Electronic or Telephone Participation
- For meetings held via videoconferencing or telephonic communication, Trustees and other meeting participants and attendees will be able to participate remotely. This meeting is open to the public and will be simulcast via Zoom so that members of the Board and the public may participate. The meeting may be accessed at the following link: https://us06web.zoom.us/j/84401572063?pwd=yBunTtVwj40KS761xIPxYiT4hjp0i8.1 Meeting ID: 844 0157 2063 Passcode: 345801 DIAL IN: 720-707-2699
Meeting Information
- Meeting Location
-
1936 W 5600 S
ROY, UT, UT 84067
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Notice Posting Details
- Notice Posted On
- October 28, 2024 02:37 PM
- Notice Last Edited On
- October 28, 2024 03:21 PM
- Deadline Date
- October 28, 2024 02:45 PM
Download Attachments
| File Name | Category | Date Added |
|---|---|---|
| Acknowledgment, Waiver, and Consent Agreement - Sage Creek IFD.pdf | Public Information Handout | 2024/10/28 02:21 PM |
| Authorizing Resolution (Designation Resolution - Assessment Ordinance) - Sage Creek IFD.pdf | Public Information Handout | 2024/10/28 02:22 PM |
| Assessment Ordinance - Sage Creek IFD.pdf | Public Information Handout | 2024/10/28 02:22 PM |
| Designation Resolution - Sage Creek IFD.pdf | Public Information Handout | 2024/10/28 02:23 PM |
| Authorizing Resolution (Assessment Bonds) - Sage Creek IFD.pdf | Public Information Handout | 2024/10/28 02:34 PM |
| Special Meeting Agenda, 2024-10-29.pdf | Other | 2024/10/28 02:20 PM |
Board/Committee Contacts
| Member | Phone | |
|---|---|---|
| Pat Burns | pat@lyncconstruction.com | N/A |
| Nathan Combs | nathan@micfund.com | N/A |
| Tom Willis | invoice@lyncconstruction.com | N/A |