Minutes of The Price Redevelopment Agency

City Hall: Price, Utah

May 12, 2004, 7:17 p.m.

Present:

Chairman Joe L. Piccolo Nick Tatton, Community Director

Boardmembers: Joanne Lessar

Betty P. Wheeler Pat Larsen

Richard Tatton Nick Sampinos

Jeanne McEvoy Aleck Shilaos

Joe Christman Bret Cammans

Excused: Boardmember Stephen L. Denison

Gary Sonntag

Others Present:

John Procarione

1. MINUTES - April 13, 2004

MOTION. Boardmember Wheeler moved that the minutes of the April 13, 2004 meeting be approved as written. Motion seconded by Boardmember McEvoy and carried.

2. ADOPTION OF TENTATIVE BUDGET FOR FY 2004/05, PUBLIC HEARING SCHEDULED FOR JUNE 9, 2004

MOTION. Boardmember McEvoy moved that the tentative Budget for FY2004/05 be approved and that a Public Hearing to adopt the Budget be scheduled for June 9, 2004. Motion seconded by Boardmember Wheeler and carried.

3. CURVES - 95 East Main Street - Funding For Infrastructure Improvements - Concept Approval

Nick Tatton presented a request submitted by Darrett Hart for funding for public infrastructure improvements (cement) on his business, Curves, located at 95 East Main Street. MOTION. Boardmember Wheeler moved that concept approval be given. Motion seconded by Boardmember Christman and carried.

4. LOS 2 AMIGOS - Final Approval And Funding Authorization For Phase II

Nick Tatton presented a request for final approval submitted by Los 2 Amigos for Phase II of their project. All invoices and cancelled checks have been reviewed and approved. Based on submitted costs, the project is eligible for a reimbursement in the amount of $23, 043.40. MOTION. Boardmember Tatton moved that the project receive final approval and reimbursement in the above amount. Motion seconded by Boardmember Christman and carried.

May 12, 2004

5. SILVER STEAKHOUSE - Final Approval And Funding Authorization For Phase II

Nick Tatton presented a request for final approval submitted by the Silver Steakhouse for Phase II of their project. All invoices and cancelled checks have been reviewed and approved. Based on submitted costs, the project is eligible for a reimbursement in the amount of $4,196.25. MOTION. Boardmember Wheeler moved that the project receive final approval and reimbursement in the above amount. Motion seconded by Boardmember Christman and carried.

MOTION. Boardmember Christman moved that the meeting adjourn and that the Council Meeting reconvene. Motion seconded by Boardmember Tatton and carried.

Meeting adjourned at 7:21 p.m.

APPROVED:

ATTEST: Joe L. Piccolo, Chairman

Joanne Lessar, Deputy Exec. Director