Douglas County legal - 29375

NOTICE OF PUBLIC HEARING ON THE INTENT OF LOGAN CREEK ESTATES GENERAL

IMPROVEMENT DISTRICT, NEVADA, TO ISSUE GENERAL OBLIGATION BONDS

(ADDITIONALLY SECURED BY PLEDGED REVENUES).

NOTICE IS HEREBY GIVEN that the Board of Trustees (the “Board”) of Logan Creek Estates

General Improvement District (the “District”), Nevada, by a resolution, passed, adopted, signed

and approved on December 14, 2022, and designated in Section 1 thereof by the short title “2022

Resolution of Intent to Issue Bonds” has proposed the issuance of the District’s general obligation

(limited tax) water bonds (additionally secured by pledged revenues) (the “Bonds”) designated

below, as follows:

GENERAL OBLIGATION WATER BONDS (ADDITIONALLY SECURED BY PLEDGED

REVENUES) PROPOSAL:

Shall the Board of Trustees of Logan Creek Estates General Improvement District,

Nevada, be authorized to incur a general obligation indebtedness (additionally

secured by pledged revenues) on behalf of the District by the issuance at one time,

or from time to time, of the District’s general obligation water bonds, in one series or

more, in the aggregate principal amount of not to exceed $1,200,000 for the purpose

of financing water system improvements, such bonds to mature not later than thirty

(30) years from the date or respective dates of the bonds, payable from general

(ad valorem) taxes (except to the extent pledged revenues and other monies are

available therefor), and to be issued and sold at, above, or below par at an effective

interest rate (including any sale discount) not exceeding the statutory maximum

rate, if any, as shall be determined at the time of the sale thereof, and otherwise to

be issued in such manner, upon such terms and conditions, with such covenants

and agreements, and with such other detail as the Board may determine, including

but not necessarily limited to, provisions for the redemption of bonds prior to maturity

without or with the payment of a premium?

(the “Proposal”);

The above Proposal was previously approved by the Debt Management Commission of Douglas

County, Nevada.

The Board has determined that the Bonds to be issued for the purpose of financing certain

water system improvements (as further described in the above Proposal) and will be additionally

secured by a pledge of the “water pledged revenues.” The Board has also determined, based

upon a revenue study, that such water pledged revenues will at least equal the amount required

in each year for the payment of the interest on and the principal of the Bonds.

All persons interested are hereby advised that the Board will hold a public hearing on the Proposal

on January 17, 2023, at 1:00 p.m. at the Kahle Community Center – Rubicon Meeting Room,

236 Kingsbury Grade, Stateline, NV 89449 . All persons are invited to attend and to be heard

regarding the Proposal. Further information regarding the Proposal, the Projects to be financed

by the Bonds, the Bonds and the revenues to be pledged to the Bonds, and all proceedings,

are on file in the office of the District 1711 Logan Creek Drive, Glenbrook NV 89413, Attn: Jeff

McDaniel, District Treasurer, and can be seen and examined by interested persons during the

regular office hours of the District.

BY ORDER of the Board of Trustees, Logan Creek Estates General Improvement District, Nevada.

DATED this December 14, 2022

/s/ Jeff McDaniel

District Treasurer

Logan Creek Estates General Improvement District, Nevada

Pub Date: December 21, 28, 2022 and January 4, 2023 Ad # 29375