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Council amends CCUA supplemental agreement and approves resolution to sell CCUA Series 2025 bonds
Summary
Park City amended its supplemental agreement with the Chisholm Creek Utility Authority to extend a March 1 deadline to March 27, 2025, and approved Resolution 1247-2025 authorizing sale of CCUA Series 2025 revenue bonds; both measures passed 5-0.
Park City Council approved two related items involving the Chisholm Creek Utility Authority (CCUA): an amendment to the sixth supplemental water supply and wastewater service agreement that extends a contractual deadline, and a resolution authorizing the sale of CCUA Water and Wastewater Facilities Revenue Bond Series 2025. Both actions passed 5-0.
The nut graf: the amendment changes a termination/contingency date in section 1.16 of the…
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