The Saratoga Springs Local Building Authority is scheduled to meet on Tuesday, Nov. 10, 2026, to consider the issuance of lease revenue bonds totaling an estimated $25,000,000. The meeting will be held in conjunction with a City Council meeting at the City of Saratoga Springs Council Chambers.
According to a notice posted Nov. 6, 2026, the proposed bond issuance is intended to finance several municipal projects. These include the construction of a fire station, the acquisition of a fire truck and an ambulance, and all related improvements. Additionally, the funds would be used to pay costs associated with the bond issuance and to provide necessary deposits to a debt service reserve fund.
The meeting is scheduled to begin at approximately 6:00 PM at 319 S. Saratoga Road. Business items on the agenda include a statement resolution of authority regarding the issuance of the lease revenue bonds and a parameters resolution of authority for the sale of up to $25,000,000 in aggregate principal amount.
The Local Building Authority was formed under the Local Building Authority Act, Title 17D, Chapter 2, Utah Code Annotated 1953. The meeting will include a roll call and the approval of minutes from a meeting held on May 19, 2026.
Individuals requiring special accommodations during the meeting should notify the City Recorder at least two days in advance. One or more trustee members may participate in the meeting via electronic video or telephonic conferencing.
