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Emery County approves $1.66 million bond for Castle Valley Special Service District
Summary
After a public hearing, the Emery County Commission authorized a $1,662,000 general obligation bond series 2026 for the Castle Valley Special Service District; the district will pair the loan with a $1,588,000 grant for local infrastructure projects. Commissioners said repayment will be handled through the district's existing bond program and tax assessments on district property values.
The Emery County Commission voted March 17 to adopt a final bond resolution authorizing a $1,662,000 general obligation bond series 2026 for the Castle Valley Special Service District.
Jacob Sharp, manager of the Castle Valley Special Service District, told the commission the amount "is the $1,662,000," and that the district will combine the loan with a $1,588,000 grant to fund incremental infrastructure work in towns across the district. Sharp said voters…
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