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Bluffdale LBA authorizes parameters for up to $16 million lease revenue bonds for Public Works building
Bluffdale City Council · June 12, 2024
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Summary
The Local Building Authority approved a parameters resolution to issue lease revenue bonds (Series 2024) up to $16 million for construction and related costs of the new Public Works building; bond counsel said a debt-service reserve may be avoidable and described next procurement steps.
The Local Building Authority of Bluffdale adopted a parameters resolution authorizing the issuance of lease revenue bonds not to exceed $16 million to finance part of the new Public Works building, trustees and bond counsel said.
Bond advisor Matt Dugdale briefed the LBA on the statutory steps,…
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