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Front Page » March 14, 2013 » Legal Notices » Notice of Bonds to be Issued
Published 556 days ago

Notice of Bonds to be Issued


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   Notice of Bonds to be Issued

	Notice Is Hereby Given pursuant to the provisions of Section 11-27-4,
Utah Code Annotated 1953, as amended, that on March 5, 2013, the Board
of Trustees of Price River Water Improvement District, Carbon County,
Utah (the "Issuer"), adopted a resolution (the "Bond Resolution") in
which it authorized and approved the issuance of its water and sewer
revenue refunding bonds (the "Bonds"), in an aggregate principal
amount of not to exceed $4,000,000.00, to bear interest at a rate or
rates of not to exceed 3.5% per annum, to mature over a period not to
exceed eight (8)  years from their date or dates and to be sold at a
discount from par, expressed as a percentage of principal amount, of
not to exceed two (2.0%) percent.

	Pursuant to the Bond Resolution, the Bonds are to be issued for the
purpose of refunding the District's outstanding Taxable Subordinated
Water and Sewer Revenue Refunding Bonds, Series 1993B, Subordinated
Water and Sewer Revenue Bonds, Series 1994B, and Subordinated Water
and Sewer Revenue Bonds, Series 2000A (collectively, the "Refunded
Bonds").  The principal amount of the Bonds may exceed the principal
amount of the Refunded Bonds.  The Bonds may be issued in one or more
series at one or more times.

	The Bonds are to be issued and sold by the District pursuant to the
Bond Resolution.  A copy of the Bond Resolution is on file in the
office of the Clerk of Price River Water Improvement District at 265
South Fairgrounds Road, Price, Utah  84501, where the Bond Resolution
may be examined during regular business hours of the Clerk from 8:00
a.m. to 5:00 p.m. Monday through Thursday.  The Bond Resolution shall
be so available for inspection for a period of at least thirty days
from and after the date of the publication of this notice.

	Notice Is Further Given that pursuant to law for a period of thirty
days from and after the date of the publication of this notice, any
person in interest shall have the right to contest the legality of the
above-described Bond Resolution of the District or the Bonds
authorized thereby or any provisions made for the security and payment
of the Bonds.  After such time, no one shall have any cause of action
to contest the regularity, formality or legality of the Bond
Resolution, the Bonds or the provisions for their security or payment
for any cause.

Dated this 5th day of March, 2013.

Price River Water Improvement District
By       Jaci Adams          
Clerk
Published in the Sun Advocate March 14, 2013.
    
    

These legal notices, along with those from other fine Utah newspapers, can be viewed at www.utahlegals.com.


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