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Price City schedules public hearing on up to $14 million water and sewer revenue bonds

5694573 · August 27, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Price City Council on Aug. 27 adopted a resolution calling a public hearing on a maximum $14,000,000 taxable water and sewer revenue bond package to fund replacement of aging mains; the resolution does not itself authorize borrowing.

The Price City Council on Aug. 27 adopted a resolution calling a public hearing on a potential bond issue of up to $14,000,000 to fund replacement of an aging water main installed in the 1930s. The council passed Resolution No. 2025-20 by motion after staff described the project need and the funding package from state drinking-water authorities.

Council members said the main has exceeded its useful life and the work is urgent. Eric Johnson, a city staff member, told the council the Utah Department of Environmental Quality Drinking Water Board has approved a funding package that includes subsidized terms; he said the resolution’s purpose is to set the required public- and court-hearing process under state law and…

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