March 28, 2023
The Municipal Building Authority Meeting will start as soon as is practical after the City Council Meeting which is scheduled to begin at 5:30PM.
255 South State Street
Roosevelt, UT 84066
Municipal Building Authority Meeting
Tuesday, March 28, 2023
The Roosevelt Municipal Building Authority has called this meeting to hold a Public Hearing regarding bonds, and to pass an Authorizing Resolution regarding funding for the construction of the Constitution Park Sports Complex.
Public Hearing Information:
A public hearing to receive input from the public with respect to the issuance of the bonds, in one or more series, in the aggregate principal amount not to exceed $4,300,000 for the potential economic impact that the improvement, facility, or property for which the Bonds will pay all or part of the cost will have on the private sector.
Authorizing Resolution Information:
A RESOLUTION OF THE GOVERNING BOARD OF THE MUNICIPAL BUILDING AUTHORITY OF ROOSEVELT CITY, UTAH, AUTHORIZING AND APPROVING AN ANNUALLY RENEWABLE LEASE AGREEMENT, BETWEEN THE AUTHORITY AND ROOSEVELT CITY, UTAH; AUTHORIZING THE AUTHORITY’S $3,220,000 LEASE REVENUE BONDS, SERIES 2023 FOR THE ACQUISITION AND CONSTRUCTION OF A NEW FOUR-PLEX SPORTS COMPLEX, AND RELATED IMPROVEMENTS; AUTHORIZING A MASTER RESOLUTION, GROUND LEASE AND THE SECURITY DOCUMENTS AND OTHER DOCUMENTS REQUIRED IN CONNECTION THEREWITH; AND RELATED MATTERS