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Board Notice of Public Hearing and Bonds to Be Issued

Public Hearing

 

A PUBLIC HEARING OF THE UPPER COMMUNITY RECREATION DISTRICT APPROVING THE ADOPTION BY THE LOCAL BUILDING AUTHORITY OF THE UPPER COMMUNITY RECREATION DISTRICT, UTAH OF A PARAMETERS RESOLUTION AUTHORIZING NOT MORE THAN $1,010,000 LEASE REVENUE BONDS AND RELATED MATTERS.

 

Authorizing Resolution LBA

 

A RESOLUTION OF THE GOVERNING BOARD OF THE LOCAL BUILDING AUTHORITY OF THE UPPER COMMUNITY RECREATION DISTRICT, UTAH, AUTHORIZING AND APPROVING AN ANNUALLY RENEWABLE LEASE AGREEMENT, BETWEEN THE AUTHORITY AND THE UPPER COMMUNITY RECREATION DISTRICT, UTAH; AUTHORIZING THE ISSUANCE AND SALE BY SAID AUTHORITY OF ITS $714,000 LEASE REVENUE BONDS, SERIES 2024; AUTHORIZING A GROUND LEASE, A MASTER RESOLUTION, AND THE SECURITY DOCUMENTS AND OTHER DOCUMENTS REQUIRED IN CONNECTION THEREWITH; AUTHORIZING THE DESIGN AND CONSTRUCTION OF RECREATION IMPROVEMENTS, INCLUDING AT THE ALTAMONT RODEO GROUNDS AND RELATED IMPROVEMENTS; AUTHORIZING ALL OTHER ACTIONS NECESSARY TO THE TRANSACTION CONTEMPLATED BY THIS RESOLUTION; AND RELATED MATTERS.

 

Authroizing Resolution District

 

A RESOLUTION OF THE BOARD OF TRUSTEES OF THE  UPPER COMMUNITY RECREATION DISTRICT, UTAH AUTHORIZING AND APPROVING AN ANNUALLY RENEWABLE LEASE AGREEMENT BETWEEN THE DISTRICT AND THE LOCAL BUILDING AUTHORITY OF THE UPPER COMMUNITY RECREATION DISTRICT, UTAH; AUTHORIZING A GROUND LEASE, THE ISSUANCE AND SALE BY THE AUTHORITY OF ITS $714,000 LEASE REVENUE BONDS, SERIES 2024; AUTHORIZING A MASTER RESOLUTION, SECURITY DOCUMENTS, AND OTHER DOCUMENTS REQUIRED IN CONNECTION THEREWITH; AUTHORIZING ALL OTHER ACTIONS NECESSARY TO THE TRANSACTION CONTEMPLATED BY THIS RESOLUTION; AND RELATED MATTERS.