Public Hearing
The Board of Education will hold a public hearing about the bond proposal during the board meeting on Tuesday, September 17, 2024. The board meeting will begin at 5:30 PM, and the public hearing for the bond will begin at 7:00 PM. The meetings will be held in the Board Room at the District Administration Building, 406 East 100 South, SLC, UT 84111.
Anyone can attend and speak in a public hearing, or just listen to what's being discussed. While individual comments may be time-limited, there is no limit to the number of speakers. Anyone in attendance who wishes to speak will be allowed to do so.
Official Notice
NOTICE OF PUBLIC HEARING
BOARD OF EDUCATION OF SALT LAKE CITY SCHOOL DISTRICT, UTAH
PUBLIC NOTICE IS HEREBY GIVEN that on Tuesday, August 6, 2024, the Board of Education (the “Board”) of Salt Lake City School District, Utah (the “District”) adopted a resolution (the “Resolution”), providing for a local special bond election to be held in the District on Tuesday, November 5, 2024, for the purpose of submitting to the qualified electors of the District the question of the issuance of general obligation bonds in an amount not to exceed $730,000,000 (the “Local Special Bond Election”) and calling a public hearing to receive input from the public with respect to the issuance of general obligation bonds and the potential economic impact that the improvement, facility, or property for which the bonds pay all or part of the cost will have on the private sector, pursuant to the Section 11-14-318 of the Utah Code Annotated 1953, as amended.
PURPOSE FOR THE ISSUANCE OF GENERAL OBLIGATION BONDS
If approved by eligible voters at the Local Special Bond Election, the Board intends to issue general obligation bonds for the purpose of raising money for constructing and acquiring buildings and furnishings and remodeling and updating existing school property under the charge of the Board, and, to the extent necessary, for providing moneys for the refunding, at or prior to the maturity thereof, of general obligation bonds of the Board.
MAXIMUM PRINCIPAL AMOUNT OF THE GENERAL OBLIGATION BONDS
If approved by eligible voters at the Local Special Bond Election, the Board intends to issue general obligation bonds in an amount not to exceed $730,000,000, in one or more series at one or more times.
THE TAXES, IF ANY, PROPOSED TO BE PLEDGED
The Board proposes to pledge the full faith and credit of the District for the payment of its general obligation bonds and may be obligated to levy and collect ad valorem taxes sufficient to pay the general obligation bonds, as provided by law.
TIME, PLACE AND LOCATION OF PUBLIC HEARING
The Board will hold a public hearing during its meeting that begins at 5:30 p.m. on September 17, 2024. The public hearing will be held at the regular meeting place of the Board, located at 406 East 100 South, Salt Lake City, Utah. All members of the public are invited to attend and participate in the public hearing. Prior to the public hearing, written comments may be submitted to the Board, to the attention of the Business Administrator, at the regular meeting place of the Board, located at 406 East 100 South, Salt Lake City, Utah 84111.