The Washington County Commission adopted a resolution on July 14, 2026, authorizing the issuance of sales tax revenue bonds in an aggregate principal amount not to exceed $50,000,000. The funds are intended for the Airport Expansion Project at St. George Regional Airport and the Dixie Center Project.
These bonds will mature in no more than 30 years with interest rates not exceeding 6.0% per annum.
The bond proceeds are designated to finance costs related to the acquisition, construction, improvement, and extension of facilities at the St. George Regional Airport. Additionally, the funds may be used for purchasing an interest in the Dixie Center or for the improvement and expansion of the Dixie Center.
To secure the bonds, the County will pledge revenues from sales taxes collected under the Transient Room Tax Act and the Tourism, Recreation, Cultural, Convention, and Airport Facilities Tax Act. Based on an estimated principal of $50,000,000, the total cost to the County for principal and interest payments is estimated at approximately $97,573,250 if held until maturity.
A public hearing will be held on September 15, 2026, at 4:00 p.m. at the County Commission meeting place located at 111 East Tabernacle Street, St. George, Utah. The hearing aims to receive public input regarding the bond issuance and the potential economic impact of these projects on the private sector.
Copies of the Indenture are available for inspection at the County Clerk's office during regular business hours. Any person in interest has 30 days from the date of publication to contest the legality of the resolution or the bonds.
