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Daggett County ratifies Municipal Building Authority parameters resolution for lease revenue bonds
Summary
The commission ratified a parameters resolution authorizing up to $1.9 million in lease revenue bonds for a health and social services center; the vote formalizes an action previously taken by the Municipal Building Authority and schedules a public hearing.
The Daggett County Commission ratified a parameters resolution (Resolution 25‑26) authorizing the Municipal Building Authority to issue up to $1,900,000 in lease revenue bonds to finance a health and social services center and related improvements.
Speaker 1 explained the resolution had previously been adopted by the Municipal Building Authority but needed commission ratification because it had not been placed on the commission’s agenda at the time. The parameters resolution sets the public hearing date for the 20th and outlines the financing parameters to allow further steps in the bond authorization process.
Speaker 3 moved to ratify the MBA parameters resolution authorizing up to $1,900,000 in lease revenue bonds; the commission approved the motion by voice vote. The clerk and staff will proceed with the public‑hearing scheduling and required postings related to the bond parameters.
Next steps: staff will post the notice for the public hearing scheduled for the 20th and continue processing bond paperwork under the adopted parameters.
