Minutes of The Price Redevelopment Agency

City Hall: Price, Utah

March 23, 2005, 6:28 p.m.

 

Present:

Chairman Joe L. Piccolo                                   Nick Tatton, Executive Director

Boardmembers:                                                Joanne Lessar

     Betty P. Wheeler                                         Nick Sampinos

     Stephen L. Denison                         Gary Sonntatg

     Richard Tatton                                             Bret Cammans

     Jeanne McEvoy                                           Kevin Drolc

     Mae Aguayo

 

Excused: Pat Larsen

    John Daniels

 

 1.        MINUTES - February 23, 2005

 

MOTION.  Boardmember Tatton moved that the minutes of the February 23, 2005 meeting be approved as written.  Motion seconded by Boardmember Wheeler and carried.

 

  2.       JAMES BANASKY INSURANCE - Concept Approval For Additional Project

 

Nick Tatton reported that James Banasky has received funding from the Downtown RDA for his project at 6 West Main, which consisted of site remediation and preparation.  Mr. Banasky  is requesting additional funding due to  costs associated with additional improvements, such as parking, landscaping and concrete work.  As the Downtown Project Area will expire on May 28, 2005, it is unclear what amount of tax increment will be received for the Fiscal Year 2005-2006.  All known RDA projects have been committed through the end of the Downtown RDA area life cycle.  Nick recommended concept approval of this second request without a funding commitment based on the available tax increment disbursement and other redevelopment projects that haven=t received prior funding.  MOTION.   Boardmember Wheeler moved that the recommendation be approved.  Motion seconded by Boardmember McEvoy and carried.

 

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

 

Meeting adjourned at 6:33 p.m.

 

APPROVED:

 

 

 

                                                 

ATTEST:                                                           Joe L. Piccolo, Chairman

 

 

 

                                                        

Joanne Lessar, Deputy Exec. Dir.