Fields Estates Public Infrastructure District public meetings in 2024
13 substantive meetings from 2024, with official agendas or minutes and plain-English summaries.
Fields Estates PID
The Fields Estates Public Infrastructure District will hold a special meeting on December 9, 2024. The board will conduct a public hearing on the tentative operating and capital budget for 2025, then consider adopting a final budget with an unchanged ad valorem tax rate. Other action items include authorizing an audit proposal process, renewing contracts with CLA and York Howell, and adopting the 2025 board meeting calendar.
- Public hearing on the tentative operating and capital budget for calendar year 2025
- Consider adoption of Resolution 2024-08 finalizing the 2025 budget with unchanged ad valorem tax rate
- Authorize the Chair to request and select audit firms for the 2024 audit
- Approve renewal of CLA engagement and sign Statement of Work
- Approve renewal of York Howell engagement and sign engagement letter
Fields Estates PID
The Fields Estates Public Infrastructure District Board of Trustees will hold a public hearing to take comment on adopting the tentative operating and capital budget for calendar year 2025 as the final budget. The meeting is scheduled for December 9, 2024 at 3:30 PM at 10610 South Jordan Gateway, Suite 200, South Jordan, Utah, with remote attendance via Zoom. No other business is listed on the agenda.
- Public hearing to adopt the District's final operating and capital budget for calendar year 2025
Fields Estates PID
The Fields Estates Public Infrastructure District Board of Trustees will hold a special meeting to discuss and consider several financial items. Key actions include approving minutes from July 2024, ratifying payment applications, accepting Q3 financial statements, and considering adoption of the tentative operating and capital budget for calendar year 2025 with a public hearing to follow.
- Consider adoption of tentative 2025 operating and capital budget and set a public hearing
- Accept Q3 2024 financial statements
- Approve and ratify payment applications and requisition requests since last meeting
- Approve draft minutes of July 30, 2024 board meeting
- Open discussion on any public infrastructure district business
Fields Estates PID
The Fields Estates Public Infrastructure District Board of Trustees will hold a public hearing on July 30, 2024, to take comment on adopting the tentative operating and capital budget as the final budget for calendar year 2024. No other business is scheduled. The meeting is open to in-person and remote participation via Zoom.
- Public hearing to adopt the District's final operating and capital budget for 2024
Fields Estates PID
The Fields Estates Public Infrastructure District Board will hold a special meeting to conduct a public hearing and consider adopting the final operating and capital budget for 2024. The board will also vote on amendments to the Infrastructure Acquisition and Reimbursement Agreement with BCP Development, LLC, and consider a Collateral Assignment of Development Rights and Completion Guaranty Agreement. Consent items include approving the June 27, 2024 meeting minutes.
- Public hearing on adoption of the final operating and capital budget for calendar year 2024
- Consider adoption of the final 2024 operating and capital budget
- Approve and ratify amendments to the Infrastructure Acquisition and Reimbursement Agreement between the District and BCP Development, LLC
- Consider approval of the Collateral Assignment of Development Rights and the Completion Guaranty Agreement
- Approve draft minutes of the June 27, 2024 board meeting
Fields Estates PID
The Board of Trustees is holding a public hearing to discuss the issuance of Series 2024A-1 and 2024B bonds. The meeting aims to gather public input regarding the bonds and their potential economic impact on the private sector. These bonds are intended to fund public infrastructure, interest, and reserve funds.
- Proposed issuance of up to $12,000,000 in aggregate principal amount
- Estimated total cost for Senior Bonds is approximately $17,205,764
- Estimated total cost for Subordinate Bonds is approximately $5,651,101
- Bonds to be secured by property taxes and impact fees or reimbursement agreements
Fields Estates PID
The Board of Trustees is conducting a public hearing regarding the issuance of Series 2024A-2 Special Assessment Bonds. These bonds are intended to finance public infrastructure, fund reserve accounts, and cover issuance costs. The total estimated cost of principal and interest for these bonds is approximately $50,691,854.
- Issuance of Series 2024A-2 Bonds with a principal amount not exceeding $21,936,000
- Bonds to mature in no more than 30 years at interest rates not exceeding 12% per annum
- Bonds to be secured by special assessments on property within the district boundaries
Fields Estates PID
The Fields Estates Public Infrastructure District Board of Trustees is holding a special meeting to discuss bond issuances and the 2024 budget. A public hearing will be held regarding the issuance of Series 2024A-1 and Series 2024B Limited Tax General Obligation Bonds. The board will also consider selecting engineering cost certification services and adopting a tentative operating and capital budget.
- Public hearing for Series 2024A-1 and Series 2024B Limited Tax General Obligation Bonds
- Consideration of engineering cost certification proposals from IDES, Ranger Engineering, and The Connextion Group
- Adoption of the tentative 2024 operating and capital budget
- Approval of June 11, 2024, meeting minutes
Fields Estates PID
The Board of Trustees will hold a public hearing regarding the issuance of Series 2024A-1 and Series 2024B bonds. The meeting will also address potential economic impacts on the private sector from the project financed by these bonds.
- Public hearing for Limited Tax General Obligation Bonds, Series 2024A-1 and Series 2024B
- Discussion of economic impact on the private sector
- Approval of June 11, 2024, meeting minutes
Fields Estates PID
The Board of Trustees will consider resolutions to authorize general obligation bonds up to $12,000,000 and special assessment bonds up to $21,936,000. The board will also review an engagement letter for forecasting services with Clifton Larson Allen LLP.
- General obligation bonds not exceeding $12,000,000
- Special assessment bonds up to $21,936,000
- Forecasting services engagement with Clifton Larson Allen LLP
- Approval of May 1, 2024, meeting minutes
Fields Estates PID
The Fields Estates Public Infrastructure District is holding a meeting on May 15, 2024, to consider an assessment ordinance. The agenda itself is procedural boilerplate with no listed discussion items, but a signed assessment ordinance document is attached for review. The meeting is scheduled for 2:50 PM at 10610 South Jordan Gateway, Suite 200, South Jordan, UT.
- Assessment Ordinance - Fields Estates PID 2024 (complete - signed) attached as relevant document
- Meeting location: 10610 South Jordan Gateway, Suite 200, South Jordan, UT 84095
- Contact: McKenna Lewis
Fields Estates PID
The Fields Estates Public Infrastructure District is holding a meeting to consider a designation resolution. The agenda is minimal, with no specific items listed, but a signed resolution document is attached. The meeting is scheduled for May 15, 2024, at 2:50 PM.
- Designation Resolution for Fields Estates PID 2024 (signed PDF attached)
Fields Estates PID
The Fields Estates Public Infrastructure District board will hold a special meeting to organize itself, elect officers, and consider a series of resolutions and agreements. Key actions include approving an assessment ordinance for the Fields Estates Assessment Area, authorizing contracts with developers and financial advisors, and setting up insurance and bonds. The meeting is the district's initial organizational session.
- Consider Resolution 2024-05 establishing terms for an Assessment Ordinance for the Fields Estates Assessment Area
- Approve Funding and Reimbursement Agreement with BCP Development, LLC d/b/a Flagship Homes
- Approve Infrastructure Acquisition and Reimbursement Agreement with BCP Development, LLC d/b/a Flagship Homes
- Authorize general liability insurance with minimum $2 million coverage and annual premium up to $3,000
- Authorize public officials' bonds: $250,000 for Treasurer, $100,000 for other officers