Anita Weston, reporter
Rich Civic Times
GARDEN CITY, Utah. August 11, 2016. Resolution #R16-04 reads:
A resolution providing for the holding of a Bond Election in the Town of
Garden City, Utah, for the purpose of submitting to the qualified electors of
the Town the question of issuance and sale of $6,300,000 General Obligation
Bonds; providing for the holding of a public hearing and the publication of a
Notice of Public Hearing; declaring official intent with respect to certain
expenditures; and providing for related matters.
The above paragraph is the actual resolution written and
used to inform all individuals who live in the Garden City Limits that are
registered voters that the City is going to obtain a bond in the amount of
$6,300,000 to build a recreation center in the City. The bond will be for the duration of 20
years. This will increase the amount of
money added to the collection of taxes for the average resident by approximately
$158.00 each year. This money will be
used to repay the bond over the 20 year time period.
The Council wanted everyone who is a registered voter to
know that the decision to build or not build the recreation center is to be
decided by ballot at the coming November election. The City has hired a bonding company to take
care of all of the legal matters dealing with the obtaining of this bond. Mr. John Crandall from the bonding company
was present at the meeting to make sure everyone understood what steps will be
followed in order to meet all legal requirements leading up to the
election. There was a list of steps that
will be taken between now and November that must be followed.
Most of the information and documents concerning this
proposed building project are available on the internet. For more details, go to the Utah Public
Notice Board. You will need to then
select the City, Garden City, then City Council. You can then scroll down to information
placed there by the City for this August meeting.
2 comments:
So, does that mean those of us who own property here but are registered voters somewhere else (probably a majority), will have no actual say over the proposed facility and tax increase?
So, does that mean those of us who own property here but are registered voters somewhere else (probably a majority), will have no actual say over the proposed facility and tax increase?
Post a Comment