Minutes of The Price Redevelopment Agency
City Hall: Price, Utah
June 23, 2004, 6:34 p.m.
Chairman Joe L. Piccolo Nick Tatton, Executive Director
Boardmembers: Joanne Lessar
Betty P. Wheeler Pat Larsen
Richard Tatton Nick Sampinos
Jeanne McEvoy Gary Sonntag
Joe Christman Aleck Shilaos
Excused: Boardmember Stephen L. Denison
1. MINUTES - June 9, 2004
MOTION. Boardmember Tatton moved that the minutes of the June 9, 2004 meeting be approved as written. Motion seconded by Boardmember Christman and carried.
2. RESOLUTION #2004-03R - Budget Revision FY2003/04
MOTION. Boardmember Christman moved that a Public Hearing be held to receive comments on the budget revision for FY2003/04. Motion seconded by Boardmember Tatton and carried. Chairman Piccolo opened the Public Hearing at 6:35 p.m. Pat Larsen stated that the budget increased $102,100. MOTION. There being no comments, Boardmember Tatton moved that the Public Hearing close and that Resolution #2004-03R, adopting the Budget Revision, be approved and that the Chairman and Executive Director be authorized to sign the resolution. Motion seconded by Boardmember Christman and carried. Public Hearing closed at 6:36 p.m.
3. RDA TAX INCREMENT - Approved
Chairman Piccolo reported that there has been a miscalculation in RDA tax increment funds. He presented documents that indicated that the approved valuation for properties have not been considered for some time. He reviewed the records at the County Recorder=s office and surmises that RDA has not been treated appropriately in both directions. The offset to subtract what we have not been charged for will be very minimal. He recommended accepting what has occurred and to accept the incremental increase as scheduled for the next two years, which is the termination date for this RDA. The State Auditor has full knowledge of what has taken place, and holds harmless the Redevelopment Agency, Price City, and Carbon County. MOTION. Boardmember Tatton moved that the tax increment be accepted as agreed by Chairman Piccolo, the State Auditor, Pat Larsen and Robert Pero. Motion seconded by Councilmember Wheeler and carried.
June 23, 2004
4. PRICE CITY - Reimbursement For East Price Utility Extension Costs
Nick Tatton presented an application submitted by Price City for reimbursement for the East Price utility extension. This involves the electrical infrastructure project and will be handled through an in-budget transfer in the amount of $39,247.00. MOTION. Boardmember McEvoy moved that the in-budget transfer be approved. Motion seconded by Boardmember Wheeler and carried.
5. CURVES - Final Project Approval and Funding Authorization
Nick Tatton presented a request submitted by Curves, 95 East Main, for final project approval and funding authorizing for the concrete project on their building. 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 $372.90. MOTION. Boardmember Wheeler moved that the project receive final approval and reimbursement in the above amount. Motion seconded by Boardmember Christman and carried.
6. A PAWN AND LOAN - Concept Approval For Phase I Of Property Improvement Project
Nick Tatton presented a request for concept approval submitted by A Pawn and Lawn for Redevelopment Funds for Phase I of the renovation of their building. Phase I is a clean up and painting of the building exterior. Phase II will be the placement and installation of new awnings and signage. Phase I costs are estimated at $948.75. He recommended that this be approved with the stipulation that a licensed contractor complete the work. MOTION. Boardmember McEvoy moved that concept approval be given per the above stipulation. Motion seconded by Boardmember Wheeler and carried.
MOTION. Boardmember Tatton moved that the meeting adjourn and that the Council Meeting reconvene. Motion seconded by Boardmember Christman and carried.
Meeting adjourned at 6:40 p.m.
ATTEST: Joe L. Piccolo, Chairman
Joanne Lessar, Deputy Exec. Dir.