Boulder Ridge Public Infrastructure District public meetings in 2024
5 substantive meetings from 2024, with official agendas or minutes and plain-English summaries.
Board of Trustees
The board will consider approving the tentative 2024-2025 budget prepared by CLA for Districts 1 and 2, along with two reimbursement agreements with the developer: an Infrastructure Acquisition and Reimbursement Agreement and a Funding and Reimbursement Agreement. The meeting also includes approval of minutes from September 30, 2024, and a public comment period.
- Consider approval of tentative 2024-2025 budget for District 1&2
- Consider approval of Infrastructure Acquisition and Reimbursement Agreement between district and developer
- Consider approval of Funding and Reimbursement Agreement between district and developer
- Consider approval of meeting minutes from September 30, 2024
- Public comment period
Board of Trustees
The Board of Trustees will hold a special meeting to consider several action items, including approving a resolution to certify a petition to annex approximately 37.50 acres into the district. They will also review engagement letters and agreements with accounting firm CLA. The meeting includes public comment and board training on the Open and Public Meetings Act.
- Consider Resolution 2024-06 to certify annexation petition for 37.50 acres
- Approve Financial Forecast Engagement letter with CLA
- Approve MSA and SOW agreements with Clifton Allan Larson
- Approve meeting minutes from September 16, 2024
- Board training on Open and Public Meetings Act and state auditor training
Board of Trustees
The Boulder Ridge Public Infrastructure District Board of Trustees is holding a special meeting to consider approving the August 22, 2024 meeting minutes and to conduct a public hearing. The hearing will gather input on the proposed issuance of Limited Tax General Obligation Bonds, Series 2024A and Series 2024B, and their potential economic impact on the private sector. No dollar amounts for the bonds are specified in the agenda.
- Consider approval of meeting minutes from August 22, 2024
- Public hearing on issuance of 2024A Senior Bonds and 2024B Subordinate Bonds
- Discussion of potential economic impact of bond-financed project on private sector
- Meeting held at Snow Jensen & Reece, P.C., 912 W. 1600 S., Suite B-200, St. George, Utah
- Zoom simulcast available for public participation
Board of Trustees
The Boulder Ridge Public Infrastructure District Board of Trustees will hold a special meeting to elect officers, adopt bylaws and policies, and consider several resolutions. The most consequential item is authorization to issue limited tax general obligation bonds (Series 2024) in an aggregate principal amount not to exceed a maximum set in the resolution. The board will also consider an interlocal agreement with Toquerville City and approve engagement letters for legal and financial services.
- Consider approval of Resolution 2024-05 authorizing the issuance and sale of Series 2024 limited tax general obligation bonds up to $[MAX PAR]
- Consider approval of an Interlocal Agreement between Toquerville City and the District
- Consider approval of Resolution 2024-03 adopting District Bylaws, including Ethics and Fraud Prevention Policies
- Consider authorizing a General Liability Policy from Utah Local Governments Trust (minimum $5 million coverage)
- Consider approval of a Placement Agent Agreement with D.A. Davidson
Board of Trustees
The Board of Trustees adopted a resolution to issue Limited Tax General Obligation Bonds, Series 2024. A public hearing is scheduled for September 16, 2024, to gather input on the bond issuance and its potential economic impact on the private sector.
- Authorization of bonds up to $7,500,000
- Estimated total principal and interest cost of $19,011,922.50
- Bonds to be paid via ad valorem property taxes (max rate 0.005 per dollar) and pioneering agreement revenues
- Public hearing scheduled for September 16, 2024, at 9:00 a.m.
- Bond maturity term of up to 31 years with taxes imposed for up to 40 years