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Show New Utah! - January 27, 1999 T From American Fork Izasant City """fl LEHI ''1 ; t- -j Pleasant Grove advertises for bids ' Pleasant Grove Redevelopment Agency 70S. 100 East Pleasant Grove, Utah 84062 Separate sealed bids for the construction ot Pleasant Street Main Grove will be Redevelopment received by Pleasant Grove Redevelopment Agency, at Pleasant Grove City Hall, 70 S. 100 East, until 10 a.m. Tuesday, Feb. 16, 1999, and then at said office publicly opened and read aloud. The Project is to furnish materials, equipment and labor for removal and disposal of existing concrete curb, gutter and sidewalk, removal and disposal of concrete curbs in parking lot, saw cutting and removal and disposal of existing asphalt and pulverizing and using it as untreated road-bash Included is and culinary water line installation, approximately 2.256 lineal feet, including connections to existing water lines and fire hydrants installation. Earth work, subgrade preparation, Notice of intent to annex locations: forming and placement of concrete curb, gutter, sidewalk and concrete curbs. Subgrade preparation and installation of concrete pavers, installations of sprinkler system, electrical underground wiring and street lighting. Construction of ADA facilities for sidewalk and building access, and asphalt paving. The work will be done in four phases. This is so that there is the least disruption to businesses along the street as possible. Phase One is from Center Street to 100 South. Phase Two from 100 South to 200 South. Phase Three connecting streets of 100 South and 200 South and Phase Four the parking area east of the businesses on the east side of Main Street between Center and 100 South. For Phases One and Two, the work shall be completed one side of the street at a time. The Contract Documents will be available after Jan. 26, 1999 and may be examined at the following Engineers, Inc., 754 S. 400 East, Orem, UT 84058, (801)226-039- 3 Pleasant Grove City 70 S. 100 East, Hall, Pleasant Grove, UT 84062 (801)785-504- 5 Pleasant Grove Public Works, 323 W. 700 South, Pleasant Grove, UT 84062 Copies of Documents obtained at the Engineers, the Contract be may office of upon a payment of $60.00 for each set, payable to Engineers, Inc. A five percent (5) Bid Bond is required. A Pre-Bi- d Conference will be held at 9 a.m. Thursday, Jan. 28, 1999 at the Pleasant Grove City are Hall. Contractors encouraged to at tend. Grove Pleasant Inc., Redevelopment Agency Richard B. Paulsen Published in New Utah! Jan. 13, 20 and 27, and Feb. 3 and 10, 1999. Item 1 - public hearing to consider an amendment to the mod BORHOOD. erate income housing provision of the General Plan to conform with the requirement of UCA (Utah Code). (Continued from Nov. 19, 1998 meeting) S. Item 6 Tyler Burgoyne, agent for Granite Heights, L.C., requests a Preliminary Project Plan planned approval for a 26-ldevelopment at 150 N. 1400 0 East in the proposed (PD) zone. BATTLE GROVE AND CREEK NEIGHBORCREEK HOODS. S. Item 7 Tyler Burgoyne, agent for Granite Heights, L.C., requests zone change for properties located at approximately 150 N. 1400 East from an A-- 1 and (Residential) to R1-2- 0 (Planned (PD) Development) zone. BATTLE CREEK AND GROVE NEIGHBORCREEK IMPACT. CITY-WID- Item - 2 d public hearing to discuss possible amendments to Title 14 (Pleasant Grove City Zoning Ordinance) to allow elderly housing at various zones in the community. (Continued from Nov. 19, 1998 meeting!. CITY-WIDIMPACT. Item 3' - Dale Larsen, U.S. for West agent Wireless, requests a public hearing to amend Section 14.23.360 regarding the of a Personal height Communications System HOODS. Item 8 hearing to consider the adoption of the official zoning map for Pleasant CITY-WIDGrove City. Tower. IMPACT. public Item Zoe 4' Christensen requests Project Plan approval to convert an existing home to an office at approximately 405 N. 600 West in a pro(Commercial posed C-, Neighborhood zone)., MUD HOLE NEIGHBORHOOD. Item 5 Zoe Christensen requests a zone change for properties located at approximately 405 N. 600 West from C-to (Residential) (Commercial Neighborhood) zone. MUD HOLE NEIGH IMPACT. Item 9 - d hearing to consider 'technical corrections to Title ;14 and 15 (Pleasant Grove City Zoning and Lane Use Standards of the Municipal CITY-WIDCodes). public i IMPACT. Item 10- - Electionof Vice Chair. Published in New Utah! on Jan. 13 and 27, 1999. Pleasant Grove approves zone change Ordinance of the Grove City Council, changing the zoning classification on property located at approximately 1055 E. Grove Creek Drive (500 North) from a R1 20 to An Pleasant PG City Hall, 70 S. 100 East, Pleasant Grove, Utah. Charmaine Childs City Recorder Published in New Utah! Jan. 27, 1 999. adds secondary water improvement law Ordinance No. 99-- 3 the Pleasant Grove of City Council, adding Section 14.23.430 of the Municipal Code, "Requirements for a Secondary Water System Improvements Installation" (pressurized irrigation); and Section amending Notice is CLEARLY 15.04.040(j) and 15.03.020 the Municipal Code and Culinary regarding Secondary Water Mains, was adopted by the City Council on the 19th day of January, 1999. Anyone interested in reviewing the Ordinance of may do so weekdays between 8 a.m. and 5 p.m .at City Hall, 70S. 100 East, Pleasant Grove, Utah. Charmaine Childs City Recorder READABLE protest stating FILING NUMFOR REASONS BER, PROTESOBJECTION, NAME TANTS' AND RETURN ADDRESS, and any request for a hearing. Protest must be filed with the State Engineer, Box 146300, Salt Lake City, UT 0 on or before Feb. 16, 1999. These are informal proceedings as per Rule R655-6-- 2 of the Division of Water Rights. (LEGEND: Point(s) of Diversion POD; Place of Use POU; Nature of Use USE) 6 (a22778): Amwest Exploration Company. Town of Eagle Mountain, James E. Karkut, Amwest Exploration to Company propose change the POD, POU & USE of water as evidenced by HERETOFORE: QUANTITY: 9.0 cfs or 5766.0 ac-f- t. SOURCE: Jordan River. POD: (1) S 1379 W 1074 from NE Cor, Sec 2, T4S, USE: Industrial: R1W. Smelting, milling and works incidental thereto. HEREAFTER: QUANTITY: 5766.0 ac-f- t. SOURCE: Underground Water Wells (1 existing). POD: (1) S 600 W 600 from N14 Cor, Sec 28, T5S,R1W,12in.wetl100ft. to 800 ft. deep (2) S 80 E 130 from NW Cor, Sec 25, ft. to 800 ft. (3) N 100 W 150 from SE Cor, Sec 36, T5S, R2W, 12 in. well 100 ft. to 800 ft. deep (4) S 600 E 800 from W14 Cor, Sec 4, 12 in. well 100 ft. to 800 ft. deep (5) S 100 W 600 from E14 Cor, Sec 5, 12 in. well 100 ft. to 800 ft. deep (6) N 645 W 2700 from W14 Cor, Sec 7, 12 in. well 100 ft. to 800 ft. deep (7) N 840 W 278 from 16 in. well 100 deep S14 Cor, Sec 18, T6S, R1W, 16 in. well 471 ft. deep (8)N200E1200fromW14 Cor, Sec 14, T6S, R2W, 12 in. well 100 ft. to 800 ft. deep. Mountain) (Eagle Municipal: In USE: Town of Eagle Mountain. 8 (a22847): Town of Eagle Mountain proposes to change the POD, POU & USE of water as evidenced by Water Right Numbers 4 and HERETOFORE: QUANTITY: ac-f- t. 305.25 SOURCE: Underground Water Wells. POD: (1) S 10 E 860, 6 in. well 139 ft. deep (2)S715E 1030fromW14 Cor, Sec 17, 6 in. well 225 ft. deep (3) S 590 W 1320 from E14 Cor, Sec 18, T5S, R1W, 10 in. well 750 ft. deep. USE: Irrigation: from Apr 1 to Oct 31, total 73.7050 acs; acreage Stockwatering: 10 head ot livestock; Domestic: 23 families. POU: W12SW14 Sec 17; N12SE14 Sec 18, T5S, R1W. HEREAFTER: TY: 305.25 ac-f- t. QUANTI- SOURCE: Underground Water Wells. POD: (1)S 123 W. 125 from NE Cor, Sec 18, T5S, 8 in. well 750 ft. deep (2) N 840 W 278 from S14 Cor, Sec 18, On January 12, 1999, the City Council of American Fork, Utah, adopted Resolution No. 99-0- 1 02R indicating its intent to annex the following described real property: LandCo Annexation (1550 North 900 East) at the Commencing Southwest corner of Section 6, Township 5 South, Range 2 East, Salt Lake Base and Meridian; thence as follows: North 000613" West 491.16 feet; along the section line and existing Highland City limits; thence South 721300" East 477.46 feet; thence South 7213'00" East 603.09 feet; along Cedar Hills' existing Town limits; thence North 150.33 feet; along Cedar Hills' existing Town limits; thence East 300.00 feet; along Cedar Hills' existing Town limits; thence South 459.72 feet; along Cedar Hills' existing Town Published in New Utah! Jan. 27, 1999. T6S, R1W, 16 in. well 471 ft. Mountain). deep (Eagle USE: Municipal: In Town of Eagle Mountain. (a22586): Salt Lake Water County Conservancy District, Lehi City propose to change the POD, POU & USE of water 8 as evidenced by (A44840) HERETOFORE: QUANTITY: 6.0 cfs. SOURCE: Underground Water Well. POD: (1) N 315 W 910 from SE Cor, Sec 10, 20 in. well 300 ft. to 900 ft. deep (2) N 450 E 1215 from SW Cor, Sec 11, T4S, R1W, 20 in. well 300 ft. to 900 ft. deep. USE: Irrigation: from Apr 1 to Oct 31, total acreage 385.7100 acs; Stockwatering: 214 head of livestock; Domestic: 1286 families; Industrial: Water to be used for miscellaneous light industrial development. PQU:SE14Sec18;Sec19; W12NW14.W12SW14 Sec 29; Sec 30; N12N12 Sec 31; NW14NW14 Sec 32, T4S, R1E; E12NE14.E12SE14 Sec E12 Sec 25; NE14NE14 Sec 36, T4S, 24; R1W. Hereafter: QUANTITY: 6.0 cfs. SOURCE: Two Underground Water Wells. POD: (1) N 1100 E 250 from W14 Cor, Sec 25, 20 in. well 100 ft. to 1000 ft. deep (2) N 1600 W 1100 from SE Cor, Sec 26, T4S, R1W, 20 in. well 100 ft. to 1000 ft deep USE: Narrows) (Jordan Municipal: 727.02 feet; thence East South 8856'21" 162.64 feet; thence South 011641" West 676.76 feet; thence North 8951 '11" West 634.13 feet; thence North 0000'00" West 45.25 feet; thence North 9000'00" West 217.85 feet; thence North OOOO'OO" West 634.62 feet; thence North 9000'00" West 238.77 feet; thence East North 0022'14" 1445.14 feet; thqnce South 893000" East 1060.23 feet; thence East North 0040'00" 666.01 feet to the point of beginning. Total Area: 54.5442 acres. Notice is hereby given that the American Fork City Council will hold a public hearing on March 23, 1999, at 7:15 p.m. in the American Fork City Hall, 31 North Church Street, for the pur- pose of receiving public In Lehi City. Morgan, P.E. Robert L State Engineer Published hi New Utah! Jan. 20 and 27, 1999. j comment regarding the proposed annexation. The City Council will act to annex the above real property described unless, at or before the public hearing, written protests to the annexation are filed by the owners of real property located within the area proposed for annexation, representing more than 50 percent of the total private land area and 33 percent of the value of all private real property within the area proposed for annexation. Copies of a map showing the location of the annexation area are available for review by the public at the office of the American 31 Fork City Recorder, North Church Street, during normal business hours. Dated this 15th day of January, 1999. Richard M. Colborn City Recorder Published in New Utah! Jan. 20 and 27 and Feb. 3, 1999. LandCo limits: thence North 5022'30" West 152.24 feet; along American Fork's existing City limits; thence Arc Length 72.84 feet; R 345.00 feet; Delta t a n 1205'46", along a gent curve; along American Fork's existing City limits; thence South 2653'40" West 35.92 feet; along American Fork's existing City limits; thence North 5000'00" West 81 .30 feet; along American Fork's existing City limits; thence West 8930'34" South 1072.01 feet; along American Fork's existing City limits; to the point of beginning. Total Area: 10.08 acres, more or less Notice is hereby given that the American Fork City Council will hold a public hearing on March 23, 1999, at 7:00 p.m. in the American Fork City Hall, 31 North Church Street, for the pur pose of receiving public comment regarding the proposed annexation. The City Council will act above to the annex real property described unless, at or before the public hearing, written protests to the annexation are filed by the owners of real property located within the area proposed for annexation, representing more than 50 percent of the total private land area and 33 percent of the value of all private real property within the area proposed for annexation. Copies of a map showing the location of the annexation area are available for review by the public at the office of the American 31 Fork City Recorder, North Church Street, during normal business hours. Dated this 15th day of January, 1999. Richard M.'Colborn City Recorder Published in New Utah! Jan. 20 and 27 and Feb. 3, Lehi Nuisance Abatement meetings are regularly scheduled for the third Tuesday of each month at 5:30 p.m. in the Lehi and Planning Building Conference Room. All meet be held at 99 Main, Suite 100, Lehi, Utah. 18, June 22, July 20, August 17, September 21, October The Nuisance Abatement meetings will be November 19, December 21. ings as will W. 16, follows: January 19, February 16, March 16, April 20, May Published in New Utah! Jan. 27, 1999. -- Jj.ir-ig'"- HHSf Notice of intent to annex NO'05'22" W 8.642'; E 318.938'; E 88'57'37" 2.646"; Notice is hereby given that Lehi City Corporation has adopted a resolution indicating its intent to annex real property owned by Lindy Ozancin located at approximately 2700 N. 300 East in Lehi, Utah, and further described as follows: Boundary description Commencing at a point North 0'05'22" W 649.006 feet and East 924.983 feet from the Southwest Corner of Section 33, T4S, R1E, Lake Salt Base and Meridian; thence as follows: 89'05'24 N N N E 13.775'; West 322.042' to point of beginning. Containing 3.606 sq. ft. or .0828 acres. A public hearing has been scheduled before the Lehi City Council on the 23rd day of March, 1999, at 7 p.m. for the purpose of receiving public comment. The Lehi City Council will annex the above described parcel unless, at the feet and west 444.16 from the North 14 corner of Section 30, Township 4 1 West, South, Range SLB&M; thence along the following courses and distances: S 39'18'15" E 763.37; S 39'20'47" W 665.07 along boundary; existing city N39'18'14" W 749.39 along existing city boundary; N 38'10'13" E 667.02 to the point of beginning. Contains 11.35 acres. A public hearing has been scheduled before the Lehi City Council on the 23rd day of March, 1999, at 7 p.m. for the purpose of Intent to annex 18, T6S, R1E, thence along the following courses and dist SLB&M; ances' N89'43'00"W 1390.98; N O'39'OO" E 1414.05; S 88' 49'00"E1 392.77; S0'48'00" W 917,99; S 0'57'19" W 271 .69; S0'03'57W 202.63 to the point of beginning. Contains 44.60 acres. A public hearing has been scheduled before the Lehi City Council on the 23rd day of March, 1999, at 7 p.m. for the purpose of receiving public comment. The Lehi City Council follows: Boundary Description Beginning at a point on the existing Lehi City boundary line, said point being located S 0'09'31" E along the section line 227.48 feet and East 1635.14 feet from the West 14 Corner of Published in New Utah! Jan. 20 and 27 and Feb. 3, 1999. receiving public comment. The Lehi City Council will annex the above described parcel unless, at or before the public hearing, written protests to the annexation are filed by the owners of real property located within the area proposed for annexation covering a majority of the total private land area within the proposed annexation and also equal to at least 13 of the value of all private real property within the area proposed for annexation. Published in New Utah! Jan. 20 and 27 and Feb. 3, 1999. - KolanOlsen property Section Notice is hereby given that Lehi City Corporation has adopted a resolution indicating its intent to annex real property owned by Victor Kolan and Margie Olsen located at approximately 2300 W. Main in Lehi, Utah, and further described or before the public hearing, written protests to the annexation are filed by the owners of real property located within the area proposed for annexation covering a majority of the total private land area within the proposed annexation and also equal to at least 13 of the value of all private real property within trie area proposed for annexation. - Thanksgiving Point the 14 section line 1620.68 Notice is hereby given that Lehi City Corporation has adopted a resolution indicating its intent to annex real property owned by Thanksgiving Point located at approximately 3200 N. 3000 West in Lehi, Utah, and further described as follows: Surveyor's Certificate I hereby certify that this is a true and accurate map of the tract of land to be annexed to Lehi City, Utah County, Utah. Boundary Description Beginning at a point on the existing Lehi City boundary line, said point being located S 00'00'46" E along as Ozancin 87'28'39"E.5O4';S0'02'09" Intent to annex Lejhj lists 1999; Nuisance Abatement meeting schedule will the annex above described parcel unless, at or before the public hearing, to the written protests annexation are filed by the owners of real property located within the area proposed for annexation covering a majority of the total private land area within the proposed annexation and also equal to at least 13 of the value of all private real property within the area pro-- ; posed for annexation. Published in New Utah! Jan. 20 and 27 and Feb. 3, 1999. Planning Commission schedule Lehi ... Planning'" Commission meetings are regularly scheduled for the second and fourth Thursday of each month at 7 p.m. in the Lehi City Council Chambers. All meetings will be held at 153 N. 100 East, ' Lehi, Utah. The Commission be as Planning meetings will follows: January - 14 and 28; -February 1 1 and 25; March -- 11 and 25; April-- 8 and 22; May -- 13 and 27; June -- 10; Jury - 8 and 22; August 12! and 26; September - 9 and 14 and 28; 23; October November - to be determined because of holidays; December - 9. Published in New Utah! Jan. 27, 1999. Board of Adjustments lists meeting schedule Cedar Hills Town Council Notice is hereby given that the Town Council of the Town of Cedar Hills, Utah, will hold their Regular Town Council Meeting on Tuesday, Feb. 2, 1999, beginning at 7 p.m. The meeting will be held at Cedar Ridge Elementary School, 4501 W. Cedar Hills Drive, Cedar Hills, Utah. The agenda shall be as follows: 1. Call to order and prayer. issued to water users The State Engineer received the following to Change Applications Water in Utah County (Locations in SLB&M). Persons objecting to an must file a application 84114-630- an R1 12 zone was adopted by the City Council on the 19th day of January, 1999. in Anyone interested reviewing the Ordinance may do so weekdays between 8 a.m. and 5 p.m. at On January 12, 1999, the City Council of American Fork, Utah, adopted 1 R Resolution No. indicating its intent to annex the following described real property: Strate Annexation (1550 South 600 East) Commencing at a point located North 0005'46" West along the Section Line East feet 568.43 and feet from the 2814.48 of Southwest Corner Section 25, Township 5 South, Range 1 East, Salt Lake Base and Meridian; thence as follows: North 9000W East 162.20 feet; thence South 3736'24" East 888.59 feet; along the existing American Fork City Boundary; thence North 8851 '58" West 635.10 feet; thence South 0003' 14" West 687.08 feet; thence North 892914" West 194.02 feet; thence South 0041'57" West - Strate Notice of intent to annex Notice of Planning Commission hearing The Pleasant Grove City Planning Commission will hold a public hearing on Thursday. Jan. 28, 1999, at 7 p.m. in the Library Auditorium, 30 E. Center, Pleasant Grove, Utah. The items listed below will be discussed and anyone interested is invited to attend. Notice of public hearing before Pleasant Grove City Council On Tuesday, Feb. 16, 1999, at 7 p.m. in the of Pleasant Auditorium Grove City Library Building, 30 E. Center, the Pleasant Grove City Council will consider the items noted below with an asterisk (). Items noted on the agenda with an asterisk require legislative action by the City Council. Unmarked items are administrative actions requiring the approval of only the Commission. Planning Decisions on the unmarked items may be appealed to the Board of Adjustment by making application to the Development Community Department by 4:30 p.irv Jan. 29, 1999.' Review and approve the Minutes of the Nov. 19, 1998 and Dec. 17, 1998, meetings. BUSINESS mr n 2. Approval of minutes from the Jan. 19, 1999 Council Meeting. 3. Public comments: Time has been set aside for the public to express their ideas, concerns and comments on items not on the agenda (comments limited to three minutes). 4. Appoint Planning Commission member to fill agenda Improvements. 10. Adopt Resold to increase garbage fee rates hy 0.6. Adopt Resolution amending the budget for Fiscal Year 1999 for the General Fund and WaterSewer Fund. 12. Adopt Resolution to approve park maintenance contract. 13. Administrator reports. 14. Council reports. 15. Motion to go into Executive Session, pursuant to Utah State Code for the purpose of discussing pending litigation. Executive Session 16. Motion to adjourn the Executive Session. 17. Adjourn. 11. vacancy. 5. Presentation by the Utah County Library. Board regarding the Bookmobile. 6. Presentation of the Pavement Management Survey completed for the town. 7. Presentation of audit for Fiscal Year 1998. 8. Engineering projects: a. Subdivision review and business b. Watersewer business 9. Adopt Ordinance creConstruction ating Standards Manual for Public Published in New Utah! Jan. 27, 1999. Notice of bonds to be issued NOTICE IS HEREBY GIVEN pursuant to the provisions of the Utah Municipal Building Authority Act, Title 17A, Chapter 3, Part Utah Code 9, Annotated 1953, as amended, that on January 19, 1999, the Town Council (the "Council") of the Town of Cedar Hills, Utah County, Utah, adopted a resolution (the "Resolution") in which il authorized the issuance by the Municipal Building Authority of the Town of Cedar Hills, Utah County, Utah (the "Authority") of its Lease Revenue Bonds, Series 1999 (the "Bonds") in the aggregate principal amount of not to exceed Seven Hundred Ninety Thousand Dollars ($790,000) to bear interest at a rate or rates of not to exceed eight percent per annum, to mature in not more than twenty-fiv- e (25) years from their date or dates, and to be sold at a price of not less than 98 of the total principal amount thereof, plus accrued interest to the date of delivery, if (8) any. The Bonds, pursuant to Resolution and a General Indenture and First Indenture Supplemental the (collectively, Indenture ), are to be the issued for the purpose of (I) financing the costs of acquiring and constructing a public works buildingtemporary city hall and related improvements; (ii) funding a debt service reserve fund; and (iii) paying issuance expenses to be incurred in connection with the issuance and sale of the Bonds. The Bonds are to be issued and sold by the Authority pursuant to the Resolution, including as part of said Resolution the draft of a Final Resolution and the Indenture which were before the Council and attached to the Resolution is substantially final forms at the time of the adoption of the Resolution, and said final Resolution is to be adopted by the Authority in such form and with such changes thereto as shall be approved by the Authority upon the adoption thereof; provided that the principal amount, interest rate or rates, maturi- -' ty and discount of the Bonds will not exceed the maximums set forth above. A copy of the Resolution and the indenture are on file in the office of the Town Clerk of the Town of Cedar Hills, Utah County, Utah, in the Town Offices in Cedar Hills, Utah, where they may Lehi Board of Adjustments meetings are regularly scheduled for the third Tuesday of each month at 7 p.m. in the Lehi and Building Planning Conference Room. All meet ings will be held at 99 W. Main, Suite 100, Lehi, Utah. of The Board Adjustments meetings will be as follows: January 19, February 16, March 16, April 20, May 18, June 22, July 20, August 17, September 21, October November 19, 16,' December 21. Published in New Utah! Jan. 27, 1999. Lindon plans public hearing on request Notice is hereby given that the Lindon City Council will hold a public hearing on Tuesday, Feb. 2, 1999, at 7 p.m. in the Lindon City Center at 100 N. State Street, Lindon, Utah, to consider an application from the Quantum Development Group to possibly adopt a Planned Residential Ordinance. Development This ordinance would allow for scale large apartmentcondominium project at densities of no INDON more than 25 units per acre. Interested persons are invited to attend and make comment. Copies of the proposed ordinance can be reviewed at the Development Office. Kevin Smith Planning Director Published in New Utah! Jan. 20 and 27, 1999. Notice of bonds to be issued by Lindon NOTICE IS HEREBY be examined during regular GIVEN pursuant to the probusiness hours of the Town of visions the Utah Clerk from 9 a.m. to 3 p.m. Neighborhood Development for a period of at least thirty Act, Title 17A, Chapter 2, (30) days from and after the Part .12, Utah Code date of publication of this Annotated 1953, as amendnotice. ed (the 'Redevelopment NOTICE IS FURTHER Act"), that on Jan. 19J999, GIVEN that a period of thirty the Board of Directors.fthe (30) days from and after the "Board") of the Lindon City date of the publication of this Redevelopment Agency, notice is provided by law Utah (the "Agency") adopted resolution during which registered vota (the ers within the Town of Cedar "Resolution") authorizing the Hills may sign a written petiof issuance the Agency's tion requesting an election Tax Increment Revenue to authorize the issuance of Bonds, Series 1999 (the the Bonds. If written peti"Bonds") in the aggregate tions that have been signed principal amount of not to by at least twenty percent exceed Four Million Dollars (20) of the registered vot($4,000,000) to bear interest ers of the Town of Cedar at a rate or rates which will Hills are filed with the result in a net effective interAuthority during said thirty-da- y est rate of not to exceed six (30-daperiod, the and percent Issuer shall be required to (6.25) per annum, to hold an election to obtain mature in not more voter authorization prior to (18) years from the issuance of the Bonds. If their date or dates, and to be fewer than twenty percent sold at a price not less than ninety-seve- n and one-ha- lf (20) of the registered voters of the Town of Cedar percent (97.5) of the total Hills file a written petition, proceeds of the Bonds the Issuer may proceed to thereof, plus accrued inter-issue the Bonds without an I est to the date of delivery. v election. . The Bonds may be sold in DATED this 19th day of , one or more series. January, 1999. V The Bonds, pursuant to Kim E. Holindrake I the Resolution and a Final Town Clerk Bond Resolution to be Published in New Utah! adopted by the Board authoJan-27, 1999,.. rizing and confirming the sale of the Bonds, are to be issued for the purpose of (I) payable as to nrincipal, pre- mium, if any, and interest? financing a portion of the solely from certain tax increcosts of redevelopment ment revenues of ; the? costs, including, in particular Agency from the Agency's infrastructure costs and Redevelopment Project? related structures, all within Area. ; ; the Redevelopment Project A of the Resolution? copy Area (the "Project") (88) and the Indenture are on file' fund a Debt Service in the office of the Agency, at Reserve Fund; and (iii) pay100 N. State Street, Lindon ing costs associated with City, Utah, where they may the issuance of the Bonds. be examined during regular The Bonds are to be business hours of the' issued and sold by the Agency from 8 a.m. to 5 p.m ' for a period of at least thirty' Agency pursuant to the Resolution, including as part (30) days from and after the of said Resolution, a form of date of publication of this an Indenture of Trust (the ' notice, NOTICE IS FURTHER Indenture") which was before the Board and GIVEN that a period of thirty attached to the Resolution (30) days from and after the , at the time of the adoption of date of the publication of this the Resolution and said notice is provided by law. Indenture or Indentures during which any person in shall contain such terms and Interest shall have the right as shall he to contest the legality of provisions approved by the Board at the Indenture or .. the time of adoption of the the Bonds, or any provision ; Final Bond Resolution; promade for the security and vided that the principal -- payment of the Bonds, andj amount, interest rate or that after such time, no one shall have any cause of. rates, maturity and discount of the Bonds will not exceed action to contest the regular- - V the maximums set forth try, formality or legality thereabove. The Bonds shall conof for any cause whatsoever. ? stitute special limited obligaDATED this 19th day o( tions of the Agency and 1999. ''j ' Linrtnn Cihi except as otherwise provid' ed in the Indenture or Redevelopment Agency ; Indentures, are secured by an irrevocable and lien Published in New Utah! . pledge of, and shall be Jan. 27, 1999. poor |