NOTICE OF PUBLIC HEARING
PROVO CITY, UTAH
PUBLIC NOTICE IS HEREBY GIVEN that on August 7, 2018, the Municipal Council (the 'Municipal Council') of Provo City, Utah (the 'City') adopted a resolution (the 'Resolution'), providing for a local special bond election to be held in the City on Tuesday, November 6, 2018, for the purpose of submitting to the qualified electors of the City the question of the issuance of general obligation bonds in an amount not to exceed $69,000,000 (the 'Local Special Bond Election') and calling a public hearing to receive input from the public with respect to the issuance of general obligation bonds and the potential economic impact that the improvement, facility, or property for which the bonds pay all or part of the cost will have on the private sector, pursuant to the Section 11-14-318 of the Utah Code Annotated 1953, as amended.
If approved by eligible voters at the Local Special Bond Election, the City intends to issue general obligation bonds for the purpose of raising money paying all or a portion of the costs of acquiring, constructing, and equipping in the downtown area a new police and fire headquarters, emergency dispatch center, and city hall; acquiring, constructing, and equipping a new fire station to replace the fire station on Canyon Road; and providing for related improvements in Provo City; and, to the extent necessary, for providing moneys for the refunding of general obligation bonds.
If approved by eligible voters at the Local Special Bond Election, the City intends to issue general obligation bonds in an amount not to exceed $69,000,000, in one or more series at one or more times.
The City proposes to pledge the full faith and credit of the City for the payment of its general obligation bonds and will be obligated to levy and collect ad valorem taxes sufficient to pay the general obligation bonds, as provided by law.
The City will hold a public hearing during its Municipal Council meeting which begins at 5:30 p.m. on September 25, 2018. The public hearing will be held at the regular meeting place of the Municipal Council in the Municipal Council Chambers, Room 200, 351 West Center, in Provo, Utah. All members of the public are invited to attend and participate in the public hearing. Prior to the public hearing, written comments may be submitted to the City, to the attention of the City Recorder.
DATED this 7th day of August, 2018.
PROVO CITY, UTAH
PROVO CITY, UTAH
PUBLIC NOTICE IS HEREBY GIVEN that on August 7, 2018, the Municipal Council (the 'Municipal Council') of Provo City, Utah (the 'City') adopted a resolution (the 'Resolution'), providing for a local special bond election to be held in the City on Tuesday, November 6, 2018, for the purpose of submitting to the qualified electors of the City the question of the issuance of general obligation bonds in an amount not to exceed $69,000,000 (the 'Local Special Bond Election') and calling a public hearing to receive input from the public with respect to the issuance of general obligation bonds and the potential economic impact that the improvement, facility, or property for which the bonds pay all or part of the cost will have on the private sector, pursuant to the Section 11-14-318 of the Utah Code Annotated 1953, as amended.
If approved by eligible voters at the Local Special Bond Election, the City intends to issue general obligation bonds for the purpose of raising money paying all or a portion of the costs of acquiring, constructing, and equipping in the downtown area a new police and fire headquarters, emergency dispatch center, and city hall; acquiring, constructing, and equipping a new fire station to replace the fire station on Canyon Road; and providing for related improvements in Provo City; and, to the extent necessary, for providing moneys for the refunding of general obligation bonds.
If approved by eligible voters at the Local Special Bond Election, the City intends to issue general obligation bonds in an amount not to exceed $69,000,000, in one or more series at one or more times.
The City proposes to pledge the full faith and credit of the City for the payment of its general obligation bonds and will be obligated to levy and collect ad valorem taxes sufficient to pay the general obligation bonds, as provided by law.
The City will hold a public hearing during its Municipal Council meeting which begins at 5:30 p.m. on September 25, 2018. The public hearing will be held at the regular meeting place of the Municipal Council in the Municipal Council Chambers, Room 200, 351 West Center, in Provo, Utah. All members of the public are invited to attend and participate in the public hearing. Prior to the public hearing, written comments may be submitted to the City, to the attention of the City Recorder.
DATED this 7th day of August, 2018.
PROVO CITY, UTAH
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Notices are provided as a courtesy. All legally required notices can be found on the Utah Public Meeting Notice website. Comments and questions about City Council agendas should be directed to the Council Office at (801) 852-6120.
