Wood Ranch Public Infrastructure District public meetings in 2024
15 substantive meetings from 2024, with official agendas or minutes and plain-English summaries.
Wood Ranch Public Infrastructure District
The Board of Trustees will hold a public hearing and special meeting to discuss and adopt the 2025 budget. The board will also consider the 2025 annual meeting schedule.
- Public hearing for the 2025 Budget
- Budget Resolution 2024-08 adopting the 2025 Budget
- Adoption of the 2025 Annual Meeting Schedule
Wood Ranch Public Infrastructure District
The public hearing notice for the Wood Ranch Public Infrastructure District meeting on December 11, 2024, has been cancelled.
Wood Ranch Public Infrastructure District
The Wood Ranch Public Infrastructure District Board of Trustees will hold a public hearing to review the 2025 tentative budget, receive public comment, and consider adopting the final budget for Calendar Year 2025.
- Public hearing on the 2025 tentative budget and potential adoption of the final budget
Wood Ranch Public Infrastructure District
The Wood Ranch Public Infrastructure District Board of Trustees will hold a special meeting to consider accepting third-quarter financial statements and approving the 2025 tentative budget prepared by CLA. The agenda also includes approval of prior meeting minutes and public comments.
- Consider accepting Third Quarter Financial Statements as outlined by CLA
- Consider for approval the 2025 Tentative Budget prepared by CLA
- Consider approval of the November 4, 2024 meeting minutes
Wood Ranch Public Infrastructure District
The Wood Ranch Public Infrastructure District Board of Trustees will hold a special meeting on November 4, 2024, at 9:00 AM. The board will consider two action items: approving Resolution 2024-07, which amends the assessment ordinance for Assessment Area #1 to require certain prepayments and correct scrivener's errors, and adopting the tentative 2024-2025 budget prepared by CLA. Consent items include approval of the August 4, 2024 meeting minutes.
- Consider approval of Resolution 2024-07 amending the assessment ordinance for Wood Ranch Assessment Area #1 to require prepayments and fix scrivener's errors
- Consider approval of the tentative 2024-2025 budget prepared by CLA
- Approve meeting minutes from August 4, 2024
Wood Ranch Public Infrastructure District
The Wood Ranch Public Infrastructure District Board of Trustees will hold a public hearing on August 6, 2024 to take comment on and adopt the district's tentative budget for calendar year 2024. No specific revenue or expenditure figures are listed in the agenda.
- Public hearing to adopt the tentative budget for calendar year 2024
Wood Ranch Public Infrastructure District
The Wood Ranch Public Infrastructure District Board of Trustees holds a public hearing and considers several action items, including a resolution to amend the assessment ordinance to require prepayment of assessments for parcels conveyed to end users, approval of engagement agreements with Zions Public Finance and D.A. Davidson, a contract with CLA for accounting services, and adoption of the 2024 final budget.
- Public hearing on the final adopted 2024 operating and capital budget
- Consider Resolution 2024-06 amending the Assessment Ordinance to define 'End User' and require prepayment of assessments on parcel conveyance
- Consider approval of engagement agreement with Zions Public Finance
- Consider approval of engagement agreement with D.A. Davidson
- Consider approval of MSA and SOW agreement with CLA for 2024 accounting services
Wood Ranch Public Infrastructure District
The Wood Ranch Public Infrastructure District Board of Trustees will meet to discuss updates to its assessment ordinance and approve several professional service agreements. The board will also consider dates for a public hearing regarding the final 2024 adopted budget.
- Resolution 2024-02 to amend the Assessment Ordinance regarding 'End User' definitions and prepaid assessments
- Engagement agreement with Zions Public Finance for Municipal Advisory Services
- Engagement agreement with D.A. Davidson
- MSA and SOW agreement with CLA for 2024 accounting services
- Scheduling of a public hearing for the final adopted 2024 budget
Wood Ranch Public Infrastructure District
The Wood Ranch Public Infrastructure District Board of Trustees will hold a special meeting to consider approving the issuance of up to $24,641,000 in Series 2024 special assessment bonds, along with related agreements with the developer and the tentative 2024 budget. The board will also approve the April 24, 2024 meeting minutes. Public comments will be taken.
- Resolution 2024-05 authorizing up to $24,641,000 in Series 2024 special assessment bonds
- Infrastructure Acquisition and Reimbursement Agreement with the developer
- Funding and Reimbursement Agreement with the developer
- Tentative 2024 budget as proposed by CLA
- Approval of April 24, 2024 meeting minutes
Wood Ranch Public Infrastructure District
The Wood Ranch Public Infrastructure District Board of Trustees adopted a resolution authorizing the issuance of up to $24,641,000 in Special Assessment Bonds, Series 2024, to finance public infrastructure. The bonds will be repaid through assessments on property within the district. The notice also establishes a 30-day period for contesting the bond legality.
- Authorizes issuance of Special Assessment Bonds, Series 2024, up to $24,641,000
- Bonds to finance public infrastructure, capitalized interest, reserve/surplus fund, and issuance costs
- Bonds mature in up to 30 years, sold at no less than 95% of principal, interest up to 12% per annum
- Total estimated principal and interest cost approximately $54,669,878
- 30-day contest period for bond legality begins after notice publication
Wood Ranch Public Infrastructure District
The Wood Ranch Public Infrastructure District board is deciding whether to adopt Resolution 2024-04, which would establish the Wood Ranch Assessment Area No. 1 and authorize up to $24,641,000 in assessments to finance public infrastructure improvements. The board will also consider approving a consultant agreement with DTA for a special assessment benefit study. The meeting includes public comment and approval of prior meeting minutes.
- Resolution 2024-04 authorizing an assessment ordinance for Wood Ranch Assessment Area No. 1, with costs not to exceed $24,641,000
- Approval of the appraisal for the assessment area
- Consultant agreement with DTA for Special Assessment Benefit Study
- Approval of meeting minutes from April 9, 2024
- Assessments may be paid in installments over up to 30 years with property owner consent
Wood Ranch Public Infrastructure District
The Wood Ranch Public Infrastructure District Board of Trustees will hold a special meeting to consider approving Resolution 2024-04, which establishes terms for an assessment ordinance for Wood Ranch Assessment Area No. 1, authorizes a designation resolution and assessment ordinance, and approves an appraisal. The board will also consider approving or ratifying a consultant agreement with DTA for a special assessment benefit study, and approve the minutes from the April 9, 2024 meeting.
- Consider approval of Resolution 2024-04 for Assessment Ordinance for Wood Ranch Assessment Area No. 1
- Consider approval or ratification of Consultant Agreement with DTA for Special Assessment Benefit Study
- Consider approval of Meeting Minutes from April 9, 2024
- Public comments will be heard
Wood Ranch Public Infrastructure District
The Wood Ranch Public Infrastructure District is adopting an assessment ordinance to finance public infrastructure for a 635-acre residential and commercial development. The board is levying $24,641,000 in assessments on properties in Assessment Area #1, with payments starting September 1, 2026. This is a formal action to fund sewer, water, road, and storm drain improvements.
- Levy of $24,641,000 in assessments for infrastructure improvements
- Assessment per ERU set at $59,667
- Covers sewer, water, roads, and storm drain improvements
- First assessment payments due September 1, 2026
- Property owners may be liable for additional costs if initial funds are insufficient
Wood Ranch Public Infrastructure District
The Wood Ranch Public Infrastructure District is designating Wood Ranch Assessment Area No. 1 to finance public infrastructure for a 635-acre residential and commercial development. The board will levy assessments on properties to fund sewer, water, road, and storm drain improvements, with an estimated total cost of $24,641,000. Property owners have waived notice and hearing rights and consented to the assessments.
- Designates Wood Ranch Assessment Area No. 1 for infrastructure financing
- Estimated improvement cost: $24,641,000
- Assessment per equivalent residential unit: $59,667
- Improvements include sewer, water, roads, and storm drains
- Financing via assessment bonds with estimated 6.50% interest over 30 years
Wood Ranch Public Infrastructure District
The Wood Ranch Public Infrastructure District Board of Trustees will hold a special meeting to consider approving minutes from December 2023 and two resolutions. Resolution 2024-01 would annex approximately 131.831 acres and authorize related plat documents. Resolution 2024-02 declares intent to reimburse itself for public improvement expenditures with federally tax-exempt bonds.
- Resolution 2024-01: annexation of approximately 131.831 acres
- Resolution 2024-02: reimbursement of public improvement costs with tax-exempt bonds
- Approval of December 18, 2023 meeting minutes
- Public comments period