Thursday, October 15, 2026TheUtah Ledger

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Orem development tracker

Fire training center and Public Safety building remodel

Fire training facility and improvements to the public safety complex, financed with up to $11 million in series 2024 sales tax revenue bonds authorized by parameters resolution May 28, 2024. A public hearing was held July 9, 2024 with no comments.

Where it stands
Approved
Type
Public project
Location
Orem
Applicant
City of Orem

Every hearing and vote

  1. May 28, 2024 · City Council

    Sales tax revenue bonds, series 2024 (parameters resolution)

    Approved · 5-0

    The council adopted a parameters resolution authorizing sales tax revenue bonds of no more than $11 million, with a maximum of 21 years, a maximum interest rate of 5.5 percent and a maximum 3 percent discount, letting the mayor, city manager or finance director finalize terms within those limits. The mayor confirmed the bond is for a fire training center and a Public Safety building remodel. Financial advisors from LRB and bond counsel from Gilmore and Bell presented. A public hearing is set for July 9, 2024.

    Moved by Council Member LaNae Millett, seconded by Council Member David Spencer. Vote: 5-0 among council members present (Mayor David Young also yes)

  2. July 9, 2024 · City Council

    Public hearing on sales tax revenue bonds, series 2024

    No action

    Finance Director Brandon Nelson said the council began the issuance process May 28 when it authorized up to $11 million in bonds to build a fire training facility and improve the public safety complex. The hearing, which also took input on any economic impact on the private sector, drew no comments.