City Council

Minutes of Special Meeting of Redevelopment Agency of Ogden City, Utah, January 26, 2016 Page Minutes of the Special Meeting of the Ogden City Redevelopment Agency held on Tuesday, January 26, 2016 at 8:11 p.m., in the Board Chambers on the third floor of the Municipal Building, 2549 Washington Boulevard, Ogden City, Weber County, Utah. Present: Chair Marcia L. White Vice Chair Bart E. Blair Board members Neil K. Garner Richard A. Hyer Luis Lopez Ben Nadolski Doug Stephens Board Administrator Bill Cook Board Deputy Administrator Janene Eller-Smith Board Policy Analyst Glenn Symes Communications Manager Amy Sue Mabey Also present: Executive Director Michael P. Caldwell Chief Administrative Officer Mark L. Johnson City Attorney Gary Williams Community & Economic Development Director Tom Christopulos Community & Economic Development Deputy Director Brandon Cooper Management Services Director David G. Buxton Comptroller Lisa Stout City Engineer Justin Anderson Public Ways & Parks Manager Perry Huffaker Planning Manager Greg Montgomery City Recorder Tracy Hansen Proposed Resolution 2016-4 amending the budget for Fiscal Year 2016 in the amount of $400,000 A memo from the City Comptroller came before the Board to consider a resolution amending the budget for the Fiscal Year 2016 in the amount of $400,000. The memo stated the budget opening recognizes and appropriates $400,000 in loan proceeds from the Wasatch Brownfields Coalition Revolving Loan Funds administered by Salt Lake County. Loan proceeds will be used for environmental remediation within the Trackline Economic Development Area. Comptroller Stout summarized the memo and stated the City was awarded a Brownfield’s revolving loan grant in the amount of $400,000, at an interest rate of two percent. These funds will be used for revitalization by funding environmental assessment and cleanup in the Trackline/Ogden Business Exchange Economic Development Area. The loan does require the City to contribute a matching share in the remediation work of $90,500, which is budgeted for in the CDBG funds and accounted for in the Major Grants Fund. The interest payments will be approximately $8,000 a year, $2,000 quarterly. When the balloon payment comes due, it is intended that repayment will be made from project revenue received in the Trackline Economic Development Area. Chair White called for a public hearing on proposed Resolution 2016-4, entitled: “A resolution of the Ogden City Redevelopment Agency amending the budget for the Fiscal Year July 1, 2015 to June 30, 2016 by increasing the anticipated revenues and transfers for a gross increase of $400,000 from sources as detailed in the body of this resolution; and increasing the appropriations for a gross increase of $400,000 as detailed in the body of this resolution.” The City Recorder presented written notice of said hearing and affidavit of the publication in the Standard Examiner on the 17th day of January, 2016, specifying the time and place of this meeting as the time and place when and where the proposed resolution would be given a public hearing and be considered for final passage. The proof of publication was accepted and filed. The proposed resolution was read by long title and all persons interested were given full and fair opportunity to be heard. There being no persons appearing to be heard, BOARD MEMBER HYER MOVED THE PUBLIC HEARING BE CLOSED. THE MOTION WAS SECONDED BY BOARD MEMBER GARNER, ALL VOTING AYE. BOARD MEMBER HYER MOVED THE RESOLUTION BE ADOPTED, AND THE CHAIR BE AUTHORIZED TO SIGN THE SAME. MOTION WAS SECONDED BY BOARD MEMBER GARNER, WITH THE FOLLOWING ROLL CALL VOTE: VOTING AYE – BOARD MEMBERS GARNER, HYER, LOPEZ, NADOLSKI, STEPHENS, VICE CHAIR BLAIR, AND CHAIR WHITE. VOTING NO – NONE.  There being no further business to come before the Board, BOARD MEMBER GARNER MOVED THE MEETING ADJOURN AT 8:15 P.M. MOTION WAS SECONDED BY BOARD MEMBER LOPEZ, ALL VOTING AYE. ________________________________________ TRACY HANSEN, MMC CITY RECORDER ________________________________________ MARCIA L. WHITE, CHAIR APPROVED: August 16, 2016