12/10/24 Public Hearing – Bonds – Swimming Pool

NOTICE OF PUBLIC HEARING

PUBLIC NOTICE IS HEREBY GIVEN that on October 22, 2024, the Board of Trustees of the Municipal Building Authority of Richfield City, Sevier County, Utah (the "Issuer"), adopted a resolution (the “Resolution”) declaring its intention to issue its Lease Revenue Bonds (the “Bonds”) in a principal amount of up to $6,000,000 with interest at a rate not to exceed 4.0% per annum payable over a period of not more than 35 years, pursuant to the Utah Government Bonding Act, Title 11, Chapter 14, Utah Code Annotated 1953, as amended and the Utah Local Building Authority Act, Title 17D, Chapter 2, Utah Code Annotated 1953, as amended (collectively, the "Act") 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 10, 2024, at the hour of 7:00 p.m.  The location of the public hearing is in the City Office, 75 East Center Street, Richfield, 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 a swimming pool and related improvements (the “Project”) to be funded by the Bonds.  All members of the public are invited to attend and participate.

DATED this 22nd day of October, 2024.