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Front Page » January 31, 2012 » Legal Notices » Notice Of Public Hearing And Bonds To Be Issued Castle Va...
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Notice Of Public Hearing And Bonds To Be Issued Castle Valley Special Service District, Emery County, Utah


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 	NOTICE IS HEREBY GIVEN pursuant to the provisions of the Utah Local
Government Bonding Act, Title 11, Chapter 14, Utah Code Annotated
1953, as amended, that the Board of County Commissioners of Emery
County, Utah, acting as the Governing Authority (the "Board") of the
Castle Valley Special Service District, Emery County, Utah (the
"Issuer") desires to authorize the issuance of the Issuer's Taxable
General Obligation Bonds in the aggregate principal amount of not to
exceed $1,350,000 (the "Bonds") the Bonds to bear no interest, to
mature in not more than 9 years from their date or dates, and to be
sold at a price not less than 99% of the total principal amount
thereof.
 
 	NOTICE IS FURTHER GIVEN that the Issuer calls a public hearing for
the purpose of inviting public comment on the proposed issuance of the
Bonds and the economic impact that the improvements proposed to be
financed with the Bonds will have on the private sector.  The public
hearing will be held on February 14, 2012, at 9:00 a.m. or as soon
thereafter as feasible, at the County Building located at 75 East
Main, Castle Dale, Utah.  The General Obligation Bonds are intended to
be issued pursuant to a special bond election held on November 3,
2009, and will be secured by a full faith and credit pledge of ad
valorem (real) property taxes.  
 
 	The Bonds will be issued pursuant to a Final Bond Resolution to be
adopted authorizing and confirming the sale of the Bonds for the
purposes of (i) improving, through purchase or construction or both,
facilities for the collection and treatment of sewage; facilities used
in connection with the acquisition, treatment, storage,
transportation, and supply of water for domestic, industrial,
secondary and other purposes; drainage and storm sewer facilities,
including curbs and gutters; and transportation facilities consisting
of roads, sidewalks and related bridges and viaducts; together with
all necessary land, rights??'of??'way, equipment and furnishings
therefor, and including such legal, engineering, and fiscal agent
expenses reasonably incurred in connection with the acquisition of
such facilities in and for the District, and (ii) paying the costs of
issuance of the Bonds.
 
 	The Final Bond Resolution will be adopted by the Board in such form
and with such changes thereto as shall be approved by the Board upon
the adoption thereof; provided that the principal amount, interest
rate, maturity and discount of the Bonds will not exceed the maximums
set forth above.
 
 	Copies of the Final Bond Resolution are on file in the office of the
Clerk of the Issuer at the Issuer's office at 86 South 100 East in
Castle Dale, Utah and in the office of the County Clerk/Auditor at 75
East Main in Castle Dale, Utah, where they may be examined during
regular business hours of the Issuer's Clerk and the County
Clerk/Auditor from 8:30 a.m. to 5:00 p.m. Monday through Friday for a
period of at least thirty (30) days from and after the public hearing.
 
 	NOTICE IS HEREBY GIVEN that a period of thirty (30) days from and
after the public hearing is provided by law during which any person in
interest shall have the right to contest the legality of the Final
Bond Resolution, or the Bonds, or any provision made for the security
and payment of the Bonds by filing a verified written complaint in the
district court of the county in which he/she resides, and that after
such time, other than referendum rights no one shall have any cause of
action to contest the regularity, formality or legality thereof for
any cause whatsoever.
 
 /s/ Brenda Tuttle
 County Clerk/Auditor
 Published in the Emery County Progress January 31, and February 7,
2012.
     
     

These legal notices, along with those from other fine Utah newspapers, can be viewed at www.utahlegals.com.


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