The Summit County Council will hold a public hearing for the Snyderville Basin Special Recreation District at about 6:30 p.m. on Wednesday, Aug. 20.
The district seeks to place a $25 million bond on the November ballot.
Rena Jordan, district director, in a past work session said the bond will be used for the acquisition of open space, expanding recreation facilities, and maintenance and development of trails. Of the $25 million, $15 million will be used for open space, $2 million for trails, $5.5 million for a Fieldhouse expansion, and $2.5 million for a potential expansion of the Park City Ice Arena.
If the bond is approved by voters in the district, an annual property tax to pay debt service on the bond will be required over 21 years in the estimated annual amount of $125 on a $652,000 residence and in the estimated amount of $227 on a business property of the same value as the residence, according to a staff report proposed by the district.
According to the district's website, the district's service area is bordered by Morgan County to the north, Salt Lake County to the west, Wasatch County and the municipality of Park City to the south, and encompasses the Promontory Ranch and Silver Creek developments to the east.
The district's last bond election was in 2010 when 72 percent of voters approved a $20 million open space and trails bond.
The public hearing will be held at the Sheldon Richins Building at 1885 W. Ute Boulevard at Kimball Junction.