Updated April 4, 2025
- The ballot initiative to approve debt related to the 2023 Spring Canyon Local Improvement District (LID) was approved by the voters in the LID on November 5, 2024, with a debt cap of $19,580,000.
- In response to an RFP issued in January, the County received a response from one financial institution expressing their interest and terms in providing a loan for the proposed project. This proposal has been accepted, and the project will move forward now that a conditional commitment for financing has been obtained. The loan conditions and terms will be finalized after construction bids are opened in 2026.
- The preliminary design contract is scheduled to be awarded at the April 22, 2025, Board of County Commissioners Business meeting, and work will begin on the preliminary design with a target completion date of August.
- Final design is scheduled for completion in December 2025 and bids for construction will be obtained in early 2026.
- Construction is expected to begin in 2026 and be completed in 2027.
- Based on this timeline, the first assessment of property owners will be due in 2028.