Public Speakers Present: Ryan Bjerke, attorney, Chapman, Richards & Associates
Michael Cragun, Deputy Chief of Staff, Lt. Governor's Office
Roger Tew, Utah League of Cities & Towns
Mark Thomas, Lt. Governor's Office
A list of visitors and a copy of handouts are filed with the committee minutes.
Committee Chair Knudson called the meeting to order at 8:00 a.m. 1. S.B. 0032 Local Government Bonding Act - Public Hearings(S. Jenkins)
Sen. Jenkins proposed the following amendment to the bill:
1. Page
4, Line 120 through Page 5, Line 127
:
120
(1) Before issuing a bond authorized under this chapter
{
, but after an election, if
121
required by this chapter
}
, a local political subdivision shall:
122
(a) in accordance with Subsection (2), provide public notice of the local political
123
subdivision's intent to issue a bond; and
124
(b) hold a public hearing
:
(i) if an election is required under this chapter:
(A) no sooner than 30 days before the day on which the notice of election is
published under Section 11-14-202; and
(B) no later than five business days before the day on which the the notice of
election is published under Section 11-14-202; and
(ii)
to receive input from the public with respect to:
125
{
(i)
}
(A)
the issuance of the bond; and
126
{
(ii)
}
(B)
the potential economic impact that the improvement, facility, or
property for which
127
the bond pays all or part of the cost will have on the private sector.
MOTION: Sen. Jenkins moved to adopt the amendment.
The motion passed unanimously with Sen. Buttars absent for the vote.
Sen. Jenkins explained the amended bill.
Roger Tew, Utah Cities & Towns spoke in favor of the bill.
Ryan Bjerke, attorney, Chapman, Richards & Assoc., recommended a word change in the
bill. He asked that "bonds" be changed to "bond."
MOTION: Sen. Hickman moved to pass the amended bill out favorably.
The motion passed with Sen. Buttars absent for the vote.