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Council sets public hearing on up to $450,000 stormwater bonds; no bond sale approved

3382250 · January 22, 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

Price City approved Resolution No. 2025-5 to call a public hearing on a stormwater utility revenue bond of not more than $450,000; council explicitly did not approve issuance of the bonds at the meeting and instead authorized the notices required for a public hearing.

The Price City Council on Jan. 22 approved Resolution No. 2025-5 to publish notice and call a public hearing on proposed stormwater utility revenue bonds with a maximum aggregate principal of $450,000.

City staff told the council the Community Impact Board had authorized…

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