Minutes of The Price Redevelopment Agency

City Hall: Price, Utah

June 9, 2004, 7:13 p.m.

Present:

Chairman Joe L. Piccolo Nick Tatton, Executive Director

Boardmembers: Joanne Lessar

Betty P. Wheeler Par Larsen

Stephen L. Denison Nick Sampinos

Richard Tatton Gary Sonntag

Jeanne McEvoy Kevin Drolc

Joe Christman Bret Cammans

1. MINUTES - May 12, 2004

MOTION. Boardmember Denison moved that the minutes of the May 12, 2004 meeting be approved as written. Motion seconded by Boardmember Wheeler and carried.

2. RESOLUTION #2004-01R - Adoption of Budget For FY2004/05

MOTION. Boardmember Tatton moved that a Public Hearing be opened to receive comments on adoption of the proposed Budget for FY2004/05. Motion seconded by Boardmember Christman and carried. Chairman Piccolo opened the Public Hearing at 7:14 p.m. MOTION. There being no comments, Boardmember Tatton moved that the Public Hearing be closed and that Resolution #2004-01R, adopting the Budget for FY2004/05, be approved and that the Chairman and Executive Director be authorized to sign the resolution. Motion seconded by Boardmember Wheeler and carried. Public Hearing closed at 7:15 p.m.

3. BUDGET REVISION FOR FY2003/04 - Public Hearing Scheduled For June 23, 2004

MOTION. Boardmember Denison moved that a Public Hearing to revise the Budget for FY2003/04 be scheduled for June 23, 2004. Motion seconded by Boardmember Tatton and carried.

4. LOS 2 AMIGOS - Final Approval and Funding Authorization For Phase III

Nick Tatton presented a request for final approval submitted by Los 2 Amigos for Phase III 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 $2,041.76. 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 Denison moved that the meeting adjourn and that the Council Meeting reconvene. Motion seconded by Boardmember Wheeler and carried.

Meeting adjourned at 7:16 p.m.

APPROVED:

ATTEST: Joe L. Piccolo, Chairman

Joanne Lessar, Deputy Exec. Dir.