New fire station lease revenue bonds
Up to $27 million in Series 2026 lease revenue bonds to pay for a new fire station and related improvements, including part of fire training facilities offsite. The city would repay through lease payments of about $1,732,500 a year for up to 26 years.
- Where it stands
- In review
- Type
- Public project
- Applicant
- South Jordan Municipal Building Authority
Follow the money and project delivery
New fire station lease revenue bonds
- Council action
No approval or denial linked in the records collected.
- Money in the record
bond: $27.0 million — New fire station and related improvements, part of fire training facilities, reserve and issuance costs (maximum) Record → · Oct. 6, 2026
- 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 6, 2026 · City Council
Public hearings: up to $27 million in lease revenue bonds, Series 2026
Pending
The Municipal Building Authority would issue up to $27 million in lease revenue bonds to pay for acquiring and building a new fire station and related improvements, including part of the fire training facilities located offsite, plus a debt service reserve and issuance costs. The notice says the city would be the lessee, with average annual lease payments of about $1,732,500 over a term of up to 26 years.
- Presented by CFO Sunil Naidu
- Maximum term: 26 years