Jordanelle Ridge Public Infrastructure No. 2 public meetings in 2023
6 substantive meetings from 2023, with official agendas or minutes and plain-English summaries.
Board of Trustees
The Jordanelle Ridge Public Infrastructure District No. 2 Board of Trustees will meet to discuss the adoption of the 2024 fiscal budget. The meeting includes a public hearing and a period for public comments.
- Public hearing for the adoption of the 2024 fiscal budget
Board of Trustees
The Jordanelle Ridge Public Infrastructure District No. 2 Board of Trustees will meet to consider Resolution No. 2023-1, which authorizes the annexation and withdrawal of certain property into and out of the district. The agenda also includes approval of prior meeting minutes, public comments, and board items. The meeting is open to the public in person or via Zoom.
- Resolution No. 2023-1 authorizing annexation and withdrawal of property
- Approval of minutes from prior meetings
- Public comments period
- Board items discussion
Board of Trustees
The Board of Trustees will hold a public hearing regarding the issuance of Limited Tax General Obligation Bonds, Series 2023A and 2023B. The Board will also consider adopting an amendment to the 2023-2024 fiscal budget.
- Public hearing on Series 2023A Senior Bonds and Series 2023B Subordinate Bonds
- Adoption of amendment to the 2023-2024 fiscal budget
Board of Trustees
The Board of Trustees of the Jordanelle Ridge Public Infrastructure District No. 2 will hold a public hearing to receive input on the proposed issuance of up to $50 million in limited tax general obligation bonds (Series 2023A and 2023B) to finance public infrastructure. The hearing also addresses potential economic impacts on the private sector. The board previously adopted a resolution authorizing the bonds, and 100% of property owners consented to up to $75 million in bonds. No bonds are currently outstanding.
- Public hearing on October 10, 2023, at 6:00 PM at Wasatch County Library Boardroom, 465 E 1200 S, Heber City, UT 84032
- Issuance of up to $50,000,000 in Limited Tax General Obligation Bonds, Series 2023A (Senior) and 2023B (Subordinate)
- Bonds mature in up to 31 years, with taxes imposed for up to 40 years; interest rate not to exceed 12% per annum
- Estimated total principal and interest cost: approximately $86,248,878
- 30-day contest period for legality of the resolution, indentures, bonds, and consents
Board of Trustees
The Jordanelle Ridge Public Infrastructure District No. 2 Board of Trustees will consider a resolution authorizing the issuance and sale of up to $50 million in limited tax general obligation bonds (Series 2023A and 2023B) for infrastructure. The board will also review a proposed amendment to its 2023 budget and take public comment.
- Resolution 2023-1 authorizing up to $50,000,000 in Series 2023A and 2023B limited tax general obligation bonds
- Review of proposed amendment to the 2023 budget
- Public comment period
- Meeting held at 111 E. Broadway, 11th Floor, Salt Lake City, UT 84111
Board of Trustees
The Jordanelle Ridge Public Infrastructure District No. 2 Board of Trustees is meeting to consider a resolution authorizing the issuance of up to $75,000,000 in limited tax bonds, which would involve imposing property taxes. The board will also review outstanding district invoices and hear public comment. The meeting is scheduled for April 5, 2023, at 2:00 PM.
- Resolution to issue up to $75,000,000 in limited tax bonds
- Finding that 100% of surface property owners consent to bond issuance
- Authorization to record notice of intent to issue bonds and impose property taxes
- Consideration of outstanding district invoices
- Public comment period