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Daggett County MBA adopts parameters resolution for up to $400,000 in lease revenue bonds for Dutch John water improvements
Summary
The Daggett County Municipal Building Authority adopted a parameters resolution authorizing up to $400,000 in lease revenue bonds for water improvements in the Dutch John area and set a public hearing for March 11, 2025; the board also approved minutes and acknowledged its cash summary.
On Tuesday, Feb. 11, 2025, the Daggett County Municipal Building Authority adopted a parameters resolution authorizing the issuance of lease revenue bonds not to exceed $400,000 to fund water improvements in the Dutch John area and set a public hearing for March 11, 2025.
The resolution, described in the meeting as a “parameters” resolution, starts the formal bonding process: it sets maximum terms and schedules public notice and a hearing so the authority can return with a final bond resolution. Board members approved the motion after a brief discussion of notice timelines and coordination with state and local review requirements.
Board members discussed procedural timing for…
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