Minutes of The Price City Redevelopment Agency

City Hall: Price, Utah

February 12, 2003, 8:25 p.m.

 

Present:

Chairman Joe L. Piccolo                                                             Nick Tatton, Executive Director

Boardmembers:                                                                                     Pat Larsen

     Betty P. Wheeler                                                                              Nick Sampinos

     Richard Tatton                                                                                  Gary Sonntag

     Elizabeth H. Kourianos                                                          Keith Wight

     Don G. Reaveley, Jr.                                                             Aleck Shilaos

                  

Excused: Boardmember Stephen L. Denison

  Joanne Lessar

 

 1.         MINUTES - January 22, 2003

 

MOTION.  Boardmember Wheeler moved that the minutes of the January 22, 2003 meeting be approved as written.  Motion seconded by Boardmember Kourianos and carried.

 

 2.         RESOLUTION #2003-01R - Budget Revision For Fiscal 2002/03

 

Chairman Piccolo opened the meeting to a Public Hearing at 8:26 p.m. to receive comments on the proposed budget revision for the Fiscal Year 2002/03.  MOTION.  There being no comments, Boardmember Tatton moved that Resolution #2003-01R, adopting the Budget Revision for 2002/03, be approved and that the Public Hearing be closed.  Motion seconded by Boardmember Wheeler and carried.  Public Hearing closed at 8:27 p.m.

 

 3.         PINNACLE SPORTS - Reimbursement For Project Expenses - Tabled

 

MOTION.  Boardmember Tatton moved that this item be tabled for further clarification or removed if necessary.  Motion seconded by Boardmember Wheeler and carried.

 

 4.         BALANCE OF FUNDS FOR FISCAL YEAR 2002/03 - Refund To Carbon County

 

Pat Larsen reported that all but $7,905 of Redevelopment Funds for the Fiscal Year 2002/03 have been spent.  Carbon County has asked that we refund this amount to them.  MOTION.  Boardmember Tatton moved that the refund be approved.  Motion seconded by Boardmember Kourianos and carried.

 

 5.         BANASKY INSURANCE - Extended Restoration Grant - Concept Approval

 

Nick Tatton presented a request from Banasky Insurance Agency for an Extended Restoration Grant for Phase I of his new construction and relocation project on Main Street.  Mr. Banasky also asked if he could come back at a future date and ask for more funds for additional project expenses.  The Board felt it could not give concept for future projects and that he should be encouraged to submit an additional request when he is ready for Phase II.  MOTION.  Councilmember Tatton moved that Phase I of the project receive concept approval for an amount of $15,000.  Motion seconded by Boardmember Wheeler and carried.

 

 6.         CONVEYOR SERVICES - Reimbursement For Project Expenses Approved

 

Nick Tatton presented a request from Conveyor Services for reimbursement of project expenses for asphalting a parking lot and driveway.  Project expenses totaled $20,070.00.  A reimbursement amount of 1/3 of project expenses totals $6,623.10.  MOTION.  Boardmember Tatton moved that if funds are available, that the reimbursement of $6,623.10 be approved.  Motion seconded by