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Daggett County Municipal Building Authority approves $1.447 million lease revenue bonds, accepts land for new health center

Daggett County Municipal Building Authority · March 25, 2025
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Summary

The Municipal Building Authority unanimously authorized $1,447,000 in lease revenue bonds (Series 2025B) and accepted conveyance of land for a Daggett County Health Clinic, clearing key steps for letting construction bids for the new health and social services center.

The Daggett County Municipal Building Authority voted unanimously to authorize $1,447,000 in lease revenue bonds and to accept conveyance of land for a new health and social services center.

Speaker 1 opened the meeting and noted a prior public hearing drew no comments: “We just had a short public hearing and didn't receive any public comment.” The board then considered Resolution 25-06 MBA, which authorizes an annually renewable lease agreement with Daggett County, issuance of the Authority's lease revenue bonds (Series 2025B) to finance the lease of a health and social services center, and related ground-lease and security documents. Speaker 2 moved to approve the resolution and Speaker 3 seconded; the motion carried with recorded "Aye" votes and Speaker 1 declared the motion carried.

Immediately after, the Authority considered Resolution 25-07 MBA to accept conveyance of land from Daggett County for the Daggett County Health Clinic and related documents. Speaker 3 moved to approve the conveyance and Speaker 1 seconded; the board voted in favor and the motion was carried.

Board members said the approvals are a significant step toward construction. Speaker 2 noted that completing the bond and lease steps and the land conveyance will allow the Authority to move forward with letting a construction bid for the clinic.

What the board approved: authorization of lease revenue bonds in the amount of $1,447,000 (Series 2025B), authorization of a ground lease/master resolution and security documents, and acceptance of land conveyance for the county health clinic. All votes on these two resolutions were recorded as unanimous "Aye" responses in the meeting transcript.

Next steps: Board members said staff can proceed with procurement steps for the clinic now that financing, lease documentation and land conveyance are approved. The meeting adjourned at 09:48 a.m.