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Weber Basin Conservation District Board

Thursday, July 27, 2017 - 9:00am

Board of Trustees

Notice of Public Hearing

Notice Date & Time: 7/27/17 9:00 AM

Description/Agenda:

 

NOTICE OF PUBLIC HEARING

WEBER BASIN WATER CONSERVANCY DISTRICT

PUBLIC NOTICE IS HEREBY GIVEN pursuant to Section 11-14-318, Utah Code Annotated 1953, as amended, that on July 27, 2017, the Board of Trustees (the 'Board') of the Weber Basin Water Conservancy District (the 'District') will hold a public hearing to receive input from the public with respect to the issuance of up to $45,000,000 of the District's water revenue bonds (the 'Bonds') and the potential economic impact that the improvements to the District's water system to be financed with the Bonds (the 'Project') will have on the private sector.

The District intends to issue the Bonds to finance certain costs of the Project, refund certain outstanding bonds of the District, fund any necessary debt service reserves, and pay costs of issuance of the Bonds.

The District will not pledge any taxes of the District for the payment of the Bonds, but will pledge, pursuant to that certain Master Resolution Providing for the Issuance of Water Conservancy Revenue Bonds, adopted July 22, 1999, as supplemented and amended from time to time, the revenues attributable to the District's water system for the payment of the Bonds.

The Board will hold the public hearing on July 27, 2017, during the regular Board meeting that begins at 10:00 a.m. The public hearing will be held at the regular meeting place of the Board, located at 2837 East Highway 193, Layton, 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 Board, to the attention of the District's Secretary/Treasurer, Weber Basin Water Conservancy District, 2837 East Highway 193, Layton, Utah 84040.

DATED this 10th day of July, 2017.

WEBER BASIN WATER CONSERVANCY DISTRICT

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