Wasatch County School District Notice of Public Hearing
Notice Subject(s)
Business
Notice Type(s)
Notice,
Meeting,
Hearing,
Bond
Event Start Date & Time
September 19, 2019 06:30 PM
Description/Agenda
NOTICE OF PUBLIC HEARING
NOTICE IS HEREBY GIVEN pursuant to the provisions of the Local Government Bonding Act, Title 11, Chapter 14, Utah Code Annotated 1953, as amended, that on August 20, 2019, the Board of Education (the 'Board') of the Wasatch County School District, Utah (the 'District'), adopted a resolution (the 'Resolution') in which it authorized the calling of an election (the 'Election') concerning a proposition for the issuance of the District's General Obligation Bonds (the 'Bonds') and called a public hearing to receive input from the public with respect to (a) the issuance of the Bonds, and (b) any potential economic impact that the improvements, facilities or properties financed in whole or in part with the proceeds of the Bonds (see below) may have on the private sector.
TIME, PLACE, AND LOCATION OF PUBLIC HEARING
The Board shall hold a public hearing on Thursday, September 19, 2019, at the hour of 6:30 p.m. in the District offices, located at 101 East 200 North, Heber, Utah. All members of the public are invited to attend and participate.
PURPOSE FOR ISSUING THE BONDS, MAXIMUM AMOUNT AND SECURITY
The Bonds are to be issued in the aggregate principal amount of not to exceed $150,000,000 for the purpose of financing all or a portion of the costs of acquiring land and constructing school facilities; including acquiring, constructing and furnishing a new high school and replacing the existing Midway Elementary School facilities and related improvements, and paying costs of issuance of the Bonds. The Bonds shall be secured by ad valorem property taxes of the District to the extent authorized by law.
The Bonds may be issued in one or more series and be sold from time to time, all as the Board may determine.
DATED this August 20, 2019.
/s/ Keith Johansen
Business Administrator
Notice of Special Accommodations (ADA)
In compliance with the Americans With Disabilities Act, individuals needing special accommodations during this meeting should notify the Superintendents office at 435-654-0280 at least one day prior to the meeting.