Public Hearing – Bonds to be Issued for Spring Project

Published: December 2, 2022

NOTICE OF PUBLIC HEARING

PUBLIC NOTICE IS HEREBY GIVEN that on November 8, 2022,  the Mayor and City Council of Richfield City (the "Issuer"), adopted a resolution (the “Resolution”) declaring its intention to issue its Parity Water Revenue Bonds (the “Bonds”) pursuant to the Utah Government Bonding Act, Title 11, Chapter 14, Utah Code Annotated 1953, as amended and to call a public hearing to receive input from the public with respect to the issuance of the Bonds.

The Issuer shall hold a public hearing on December 13, 2022, at the hour of 7:00 p.m.  The location of the public hearing is in the City Office, 75 East Center Street, Richfield City, Utah.  The purpose of the meeting is to receive input from the public with respect to the issuance of the Bonds and any potential economic impact to the private sector from the construction of culinary water system improvements, including replacement of water lines, spring redevelopment, and roadway replacement, together with related improvements to be funded by the Bonds.  All members of the public are invited to attend and participate.

DATED this 8th day of November 2022.

                              /s/   Michele Jolley                    
                    City Recorder