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Daggett County Municipal Building Authority approves $308,000 lease-revenue bonds for Dutch John water improvements
Summary
The Municipal Building Authority voted to adopt two resolutions authorizing an annually renewable lease and issuance of $308,000 in lease-revenue bonds (series 2025) to fund water improvements in the Dutch John area; members noted the public hearing had set a not-to-exceed amount of $400,000.
The Daggett County Municipal Building Authority voted on March 7 to adopt two resolutions authorizing an annually renewable lease and the issuance of $308,000 in lease-revenue bonds to finance water improvements in the Dutch John area.
Unidentified Speaker 1 read the text of Resolution 25-04 MBA, describing it as a ground-lease master resolution and related security documents tied to the authority’s $308,000 lease-revenue bonds,…
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