LOCAL BUILDING AUTHORITY OF NORTH FORK SPECIAL SERVICE DISTRICT, UTAH NOTICE OF PUBLIC HEARING AND INTENT TO ISSUE LEASE REVENUE BONDS - Revision 1
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General Information
- Government Type
- Special Service District
- Entity
- North Fork Special Service District
- Public Body
- North Fork Special Service District
Notice Information
- Notice Title
- LOCAL BUILDING AUTHORITY OF NORTH FORK SPECIAL SERVICE DISTRICT, UTAH NOTICE OF PUBLIC HEARING AND INTENT TO ISSUE LEASE REVENUE BONDS
- Notice Tags
- Special Districts
- Notice Type(s)
- Notice, Meeting, Hearing, Bond
- Event Start Date & Time
- January 9, 2025 07:00 PM
- Description/Agenda
- LOCAL BUILDING AUTHORITY OF NORTH FORK SPECIAL SERVICE DISTRICT, UTAH NOTICE OF PUBLIC HEARING AND INTENT TO ISSUE LEASE REVENUE BONDS NOTICE IS HEREBY GIVEN pursuant to the provisions of Section 11-14-318, Utah Code Annotated 1953, as amended, that on December 12, 2024, the Board of Trustees (the 'Board of Trustees') of the Local Building Authority of North Fork Special Service District, Utah (the 'Authority'), adopted a resolution (the 'Resolution') calling a public hearing to receive input from the public with respect to the issuance of the Authority's lease revenue bonds (the 'Bonds') in the aggregate principal amount of not to exceed $17,500,000 to finance the below defined Project and the potential economic impact that the Project will have on the private sector. Pursuant to the Resolution, the Bonds are to be issued for the purpose of raising money for (a) financing certain costs of acquiring, constructing, equipping and furnishing of (i) to the extent necessary, land, and (ii) a new fire station and a new administration building and related facilities in Utah County, Utah (the 'Project'), (b) if desired, paying capitalized interest, and (c) paying expenses incurred in connection with the issuance and sale of the Bonds. The Authority proposes to pledge to the payment of the Bonds various rental payments made to the Authority by the North Fork Special Service District, Utah, pursuant to a Master Lease Agreement relating to the Project. No taxes will be pledged to the repayment of the Bonds. NOTICE IS FURTHER GIVEN that the Authority will hold a public hearing during its Board of Trustees meeting which begins at approximately 7:00 p.m. on January 9, 2025. The public hearing will be held via Zoom. All members of the public are invited to participate in the public hearing. Written comments may be submitted to the Authority, to the attention of the Secretary and Treasurer, prior to the public hearing. The purpose of the hearing is to receive input from the public with respect to the issuance of the Bonds and the potential economic impact that the Project will have on the private sector. DATED this 12th day of December, 2024. LOCAL BUILDING AUTHORITY OF NORTH FORK SPECIAL SERVICE DISTRICT, UTAH By /s/ Emily Johnson Secretary and Treasurer
- Notice of Special Accommodations (ADA)
- In compliance with the Americans with Disabilities Act, individuals needing special accommodations (including auxiliary communicative aids and services) during this meeting should notify Emily Johnson at 801-225-7263 admin@nfssd.org
- Notice of Electronic or Telephone Participation
- Meetings will be held via electronic means only pursuant to Utah Code 52-4-207(5)(e). All members of the Board will be participating electronically, members of the public may ask NFSSD to provide a physical anchor location by submitting a written request 12 hours before the scheduled meeting time. Meeting links will be posted at the Utah Public Notice Website, you may also contact the District offices by email admin@NFSSD.org or call 801.225.7263 or 801.404.4734 for electronic participation instructions prior to the meeting. Emily Johnson is inviting you to a scheduled Zoom meeting. Join Zoom Meeting https://us02web.zoom.us/j/82098428936?pwd=zKdKxCs6eRGO1kvI2PM4j7ria6JI4L.1 Meeting ID: 820 9842 8936 Passcode: 665833
Meeting Information
- Meeting Location
-
8838 N Alpine Loop
RR 3 Box B1
Provo, UT 84604
Show in Apple Maps Show in Google Maps - Contact Name
- Emily Johnson
- Contact Email
- admin@nfssd.org
- Contact Phone
- (801)225-7263
Notice Posting Details
- Notice Posted On
- December 19, 2024 10:56 AM
- Notice Last Edited On
- January 10, 2025 08:30 AM