96 of 1981 - Adopting Resolution 96 and 97 of 1981 approving the Industrial Revenue Bonds for Triad Utah, a Utah (2) . .• . .
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PROCEEDINGS OP THE CITY COUNCIL OP SALT LAKE CITY, UTAH
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I , M TUESDAY, NOVEMBER 3,1981, .3
SALT LAPS CITY CORGIL
Committee of the Whole
October CT,1981 '
.F.MR COUNCIL Al 1411 USE CITN,UTAH,IET AS A CONSIMS OP YE OOLE OS"SSW,NOVENDER 1,1981.
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It 2 AT 5:00 P.M.IN ROOM 211 CITY AND COMM BUILDING.
ser'DISCUSSio, pplian The act propo to construct an underground end above ground parking denture
and related foil- Cl ON ROLL CALL no FOLLOWING COUNCIL tEBERS ARE PRZS?0,
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din. The mood parking'structure till provide approxIntely 2,340 parking stall, Ire propoaed parking con- j
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I : ture la an integral part of the renovation and renewal of approximately CA/2 bloke of Salt Lake City between I RONALD J.IIIIITEMEAD ALICE SHEARER •
North Temple and First South Street and between ZOO Vest Street to 400 Ant Street in downtown Salt Lake City. ,
MIR OARS! Alit H.INNIS
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SPIRY R.MUSEUM': RIVARD N.PARKER • '•
1 1 Hood!nein and Diehard Moton oadeneed the Council to explain the project°. One hand,in the aunt of
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J 1 515,000.000,.for the conetnntion of a parking etructures the other bond,in the amount Al$25.000.000,le to I
construct a parking structure end related fecilitiee between COO Vest To 40C Ireet.
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• : Goodie...Fonneeteek moved and Council...ober Ricellead'seconded to adopt Resolutions 96 and 97 o(1950 t
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approving the Induatrial Revenue Bondi for hidd Utah,a Utah Corporation,Al the amour.of$15,000,000 and
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41CM von derfach announced SARI the Sopcces Chain:no Parade and Tree Lighting Ceremony would beheld • .
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1 I i 325,000,000 for the conatruction of an underground and above ground parking structure and related facilities,subj. j
to the approval of CAR City latoney,shill motion carried,ail money'voting aye. Resolution.96 and Slot 1981 I
nigh von der Ran damned the Housing Element that dll.Al before tin City Council on Non ber 10,1981.
are Co file it IA,Off Lee of the City Recorder for inspeccion. Hr.Albert Minn Raked that there be a stipulation j on November Cl,I981. She ono diecurned the forma of the City Council's minutes. fib vith Larry Livingston,
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to oll the bonda ae a single placement.
Gerry Anderson gave a preliminery report on question regarding the First Quarterly Report City 1981- '
1982. ...
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77 RR: The Inducement Recolution for Neadiund Limited
RHI I Councilmember Shearer moved and Counciltember Ponnesbeck seconded to adopt the inducement tesolution, ,,
, ,,,,,,,,,,:ajur Cutler,in All E,ecutive Senaion,briefed the Coned ARC lidgatio matter concerning the City RCA
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1 . Resolution 98 of 1981,for Headlund Limited in The amount of$1,000.000 to finance the acquisition and construction j
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1 I I of buisnees and prof eselool office building facilities,nIch motion carried,all members voting'ye,except The Council changed their penny to have public hearings on the second Tuesday of each moth trona of Councilmember Parker who voted nay. Reaolution 9B of 1981 AR on file in the Office Al the City Recorder for neon- , . ,
the third Tuesday CO each month.
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I don. (This item had previously been Retuned la the Condi'ceding of October 13,1981 and referred to the Budget ,
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Committee).
The Public Yorks!Apartment briefed(It Council on the%Intone Transportation Study.
II 78 RE: The Inducement Reolution for Gannets].Connate The Council requested that an In...trill Revenue Bond for Prowswood be placed it the agenda for the . .
November 10,1981 Council meeting. •
Counilmember Shearer moved and Condoner Foneebeck intoned to adopt the inducement reaolution,
Resolution 99 of i981,approving the.Industrid Revout Bond for Commercial Conespo Co The account of The Council adjourned et 5;55 p.o.to begin the regular Canned meeting Al Room 301.
$2,000,000 for the acquisition of old Salt Lake High School tuildinge for restoration,and improvement to be
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used as°Mee end retail stores CAR complex to be known as Plerpont Plaza,subject to the approval Al the City
Attorney,Min 0011011 carried,all onbera voting aye. Resolution 99 of 1981 is on file in the Office of the City THE CITY CODICIL OF SALT UNE CITY,0101,tin IN RECUR SFSSION ON TIMMY,NOVENSER 3,1981,AT 6:00 . .
Retarder for Inspection. (This item had previonly been dammed loll,Council meeting of October 13,198I and P.M.IN ROOM 301 Cm AND CUM BUILDING.
[doted to the Budget CommIteen.
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1 ON ROLL CALL THE POLLOVING COUNCIL IRDIMRS IMRE PRESENT:
lc 19 RE: Industrial Revenue Eon application: Foreign Trade Cone Partnere '
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RONALD!.ITHITEHPAD ALICE SMARR . •,
RECOMENDATION: That the Council approve CO inducement reaolution for an Oduatrial revenue bond for ORM MARCY ME 11.IntVIS
Threign Trade Zone Partnere in the anent of$8,000,060 in two separate Lines subject to the followihs conditions j STITEN R.FONNESPECK ?CHARON.PARKER
1. That the City Attorney approve the deolutien as to form. T. That the application meet all necenary Than- PALM DEPOLIS
J cial requirement.of the City. 3. That Foreign Trade Cone Partners pay the eatablished nonrefundable tee for
processing. AVAIIABILITY OP PURR, Hot applIcatle. DISCUSSION: The applicant propane to construct within the ' In,Ted L.Silos and Roger P.Cutler,City Attorney,were also prevent. ,
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II boundaries of the Salt Lake City Threign Trade Zone a building Al approximately 70,000 aquare feet,fond.it with
equipnent and machinery to suit the needs of renovation North America,Inc.and Ion the furnished building to Council Chain,'Palmer ThPaulIo presided Al this meecing. , .
TM. One leave would be loll-amount of$6,000,00.0 to finance the acquisition of the land and the contortion of
the building,and one ion In the'mount of$2,000,000 would finance the acquisition and installation Al equipment Councilmen.'Eduard Parker conducted the meeting. • ..
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old machinery.
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Prayer OCR given by Police Chaplain Howard Co.
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Concilnder Shearer moved and Countilmenbr Parker seconded to ohedule the Industrial Revenue Rona for
Foreign Trade Zone....,in the amount of$6,000,000,(Al the Council noting to be held November 3,1981, Pledge of Allegiance.
which nation carried,all members voting an.
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103 From City Council:
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Concilmenber Shearer moved and CouncIlumsher.itehead eeconded thst the minutee of the Salt Lake Cloy
(Co meeting Co adjourned at 7:10 p.m.
Council be amended for ite regular meeting held October 20,1961,to expand the poragrop,of Report 96 to include
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the motion of the Redevelopment Agency,which ntien carried.all members voting aye.ConclIcenber Obey moved • . e
and Councilnober.itehead seconded to approve tOe dotes of the Caton meeting for October 20,1981,ea amended, ' . . ' •
and approve Committee of the Thole minutes Al Oconee 15,1981 and October CO,1361,Min motion carried,all . .
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membera voting aye. ' . .
PETITIONS . .
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P---''g'411/44(11groon ' .16•22-1:-"j S j'j 'jj j
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CI of 198l
j 1 1' Submitted by Dodd M.Parkinson,et al(Carrigan Canyon Annexation,
revuMSOnm.,..P.innenunos-HT•Nn."Petitioner request.that certain properoy consigns of approdoately MO acres which adqoine Salt Lake ' ''•'..• '- ' '•
City at Lokeline Drive be annexed to Salt Lake City.and,son 2P-It an"R-1,3".
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Council:ether mum moved an CounclInner Sbearer seconded to nand Co ordinance prodding i or the
annexatI on or Carrigan Conyn by dales a replaceoent pan,Poge S.which O..eedion 7 en renumbere iced^^a, •
1 1' V whin notion carried,all on,ra vooing aye. Councilmen.nite,ad moved and Councilnember Foonbeck seconic.1 .
to dopt The remodel odium,Bill 79 of 1981,nronleing for che onnenrion of Cards.Cann,:ening part of the
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property Preservation 2P-12 nnd part Residential 2R-1/i,subjed oo the Footh111-F-I-overlay roe clontilentionn,
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j stitch notion carried,3t1 odors voting nye. ' 'rr''-r—rt'r-7YC1r.r.-'2'''...".7-rj
1 • N'13,20ir??2"innour"61r0".
Concinenber Dnis atated that after sampans nneradon ordinances,ohe end-anions ore Luilt on AO,
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'. I mountainsides a.then there In no enforcement of the ordinances. Mayor tilleon anted nat there one not Ink of
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enforcenent,just diffIcnIty Ir.enforcement. Condlnember.V19 also noted ono in che sgroseno nn pnge 4,pod-
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groph 4 the word'he ahould be added ot tin ena of the Olra 113,
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