Public Utilities campus bonds and notes
Up to $50 million in bond anticipation notes (Series 2025B) to buy and improve a Public Utilities campus and up to $50 million in refunding bonds (Series 2025C) to refund Series 2017 bonds. The Council held the issuance hearing Oct. 7, 2025 with no public comment.
In review
- Type
- Public project
- Applicant
- Salt Lake City Public Utilities
- City Council: Public Utilities bond anticipation notes and refunding bonds (public hearing)
- City Council: Public Utilities bond anticipation notes and refunding bonds: parameters resolution
- City Council work session: Public Utilities bond anticipation notes and refunding bonds (briefing)
In brief
Public Utilities campus bonds and notes appears on 3 recorded agendas, from the City Council meeting of September 2, 2025 to the City Council meeting of October 7, 2025.
On record, it was approved once.
The most recent decision was approved (7-0) at the City Council meeting of September 2, 2025.
Follow the money and project delivery
Public Utilities campus bonds and notes
- Council action
In review according to the dated project source. Record → · Oct. 7, 2025
- Money in the record
bond: $50.0 million — Bond anticipation notes, Series 2025B (up to); bond: $50.0 million — Revenue refunding bonds, Series 2025C (up to) Record → · Oct. 7, 2025
- Signed agreement and payments
Execution and project-level disbursements are not verified by this tracker. They require separate records; meeting approval alone does not establish either.
- Work and operating costs
Check the linked records for completion and recurring operating costs; this tracker does not verify them. Record →
Every hearing and vote
October 7, 2025 · City Council
Public Utilities bond anticipation notes and refunding bonds (public hearing)
No action · 6-0
The Council held a public hearing on up to $50 million in Public Utilities revenue bond anticipation notes, Series 2025B (for a Public Utilities campus), and up to $50 million in revenue refunding bonds, Series 2025C (refunding Series 2017 bonds). No one spoke and the hearing was closed.
September 2, 2025 · City Council
Public Utilities bond anticipation notes and refunding bonds: parameters resolution
Approved · 7-0
The Council adopted Resolution 28 of 2025 setting parameters for up to $50 million in Public Utilities revenue bond anticipation notes, Series 2025B (to finance a Public Utilities campus), and up to $50 million in revenue refunding bonds, Series 2025C (to refund Series 2017 bonds early), and referred a public hearing on the issuance to Oct. 7.
September 2, 2025 · City Council work session
Public Utilities bond anticipation notes and refunding bonds (briefing)
Discussed
Staff described a parameters resolution authorizing up to $50 million in bond anticipation notes (Series 2025B) to buy and improve a campus for Public Utilities, and up to $50 million in revenue refunding bonds (Series 2025C) to refund Series 2017 bonds early. Staff said the note financing allows the property purchase without raising utility rates, and that revenue from the recent rate increase would not pay for the campus or the notes.