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Tooele City Schedules Public Hearing for Sewer Revenue Bonds

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Tooele City scheduled a public hearing for September 16, 2026, to discuss the issuance of Sewer Revenue Bonds. The bonds aim to fund improvements to the city's sewage collection and treatment system.

Key takeaways

  • A public hearing is scheduled for September 16, 2026, regarding Sewer Revenue Bonds.
  • The proposed bonds have a maximum principal amount of $14,000,000.
  • Bond proceeds will fund improvements to the city's sewage collection and treatment system.
  • The city intends to pledge net revenues from the system to the payment of the bonds.

Tooele City scheduled a public hearing for September 16, 2026, to discuss the issuance of Sewer Revenue Bonds, according to a September 1 notice. The hearing will focus on the potential economic impact of the project on the private sector and the issuance of the bonds themselves.

The City Council intends to issue the bonds in an aggregate principal amount not exceeding $14,000,000. These funds are intended for the acquisition, construction, and improvement of the project, as well as funding necessary reserves and contingencies and paying costs related to the issuance and sale of the bonds.

According to the notice, the city proposes to pledge net revenues from the sewage collection and treatment system to pay the bonds. The public hearing is scheduled to take place during the City Council business meeting at 7:00 p.m. at 90 North Main Street in Tooele.

Members of the public are invited to participate in the hearing. Written comments may be submitted to the City Recorder prior to the meeting. For those attending electronically via the Tooele City YouTube Channel, written comments can be emailed to cmpubliccomment@tooelecity.gov.

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