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01/19/2021 - Formal Meeting - Minutes (2) Salt Lake City, Utah January 19, 2021 The City Council (the “City Council”) of Salt Lake City, Utah (the “City”), met in regular public session on January 19, 2021, via electronic means at 7:00 p.m., due, legal and timely notice of the meeting having been given to all members as required by law. In accordance with the Salt Lake City Emergency Proclamation and the determination that meeting at an anchor location presents substantial health risk, per the City Council’s statement during the January 5, 2021 meeting, this public meeting was held electronically. The notice of the meeting provided instructions to the public on how they could monitor, participate in or listen to open portions of the meeting electronically. No physical [anchor] meeting location was available. The meeting was duly called to order by Council Chair Amy Fowler who was conducting the meeting, with the following members of the City Council being present, a quorum of the City Council: Amy Fowler Council Chair James Rogers Council Vice Chair Andrew Johnston Councilmember Chris Wharton Councilmember Analia Valdemoros Councilmember Darin Mano Councilmember Daniel Dugan Councilmember Absent: None. There were also present: Erin Mendenhall Mayor of Salt Lake City Katherine N. Lewis City Attorney DeeDee Robinson Deputy City Recorder. The City Recorder presented to the City Council an affidavit evidencing the giving of not less than twenty-four (24) hours’ public notice of the agenda, date, time, and place of the January 19, 2021 regular meeting of the City Council in compliance with the requirements of Section 52-4-202, Utah Code Annotated 1953, as amended, and in conjunction with emergency procedures enacted by Salt Lake City Emergency Proclamation 2 of 2021 and Chair Determination date January 5, 2021 The recorded in the minutes of the meeting and is as follows: It was noted that, as required by Section 52-4-203, Utah Code Annotated 1953, as amended, written minutes and a recording of this meeting are being kept. Thereupon, the following resolution was introduced and after due consideration of the resolution by the City Council, Councilmember Johnston made the motion to adopt the proposed resolution: • Authorizing the issuance and/or incurrence from time to time of one or more series of subordinate airport revenue short-term revolving obligations in an aggregate principal amount not to exceed $300 million outstanding at any one time in the form of a revolving line of credit for the purpose, among others, of financing and refinancing certain capital improvements to the Salt Lake City International Airport. • Authorizing the execution and delivery of a master subordinate trust indenture, a revolving credit agreed, a fee agreement, promissory notes and all other related documentation. • Providing for the publication of a notice of public hearing and bonds to be issued. • Providing for the running of a contest period. • Authorizing the taking of all other actions necessary for the consummation of the transactions of this resolution, and related matters. Councilmember Rogers seconded the motion. On being put to a vote, the motion was carried by the following vote: AYE: Andrew Johnston Analia Valdemoros Chris Wharton Daniel Dugan Darin Mano James Rogers Amy Fowler NAY: None. The resolution was subsequently presented to and approved and signed by the Mayor, was approved as to form and signed by the Senior City Attorney, was signed by the Chair of the City Council, and was attested and recorded by the City Recorder in the official records of said City. The resolution is as follows: (Other business not pertinent to the above appears in the minutes of the meeting.) Upon the conclusion of all business and upon motion duly made and carried, the meeting of the City Council was adjourned. Minutes Approved: Tuesday, March 2, 2021 SALT LAKE CITY, UTAH ______________________________________ Chair, City Council [SEAL] ATTEST: __________________________________ City Recorder Amy Fowler (Mar 6, 2021 08:35 MST) Cindy Trishman (Mar 6, 2021 17:38 MST) STATE OF UTAH ) ) COUNTY OF SALT LAKE ) I, Cindy Lou Trishman, the duly qualified and acting City Recorder of Salt Lake City, Utah (the “City”), do hereby certify, according to the records of said City in my official possession, that the foregoing is a full, true and correct copy of the extracts of minutes of a regular public meeting of the City Council of the City (the “City Council”) held on January 19, 2021, including a resolution adopted at the meeting, as recorded in the regular official book of minutes of the proceedings of the City Council kept in my office, that all members were given due, legal and timely notice of said meeting, that the meeting therein shown was in all respects called, held and conducted in accordance with law and in full conformity therewith, and that the persons therein named were present at the meeting, as therein shown. IN WITNESS WHEREOF, I have hereunto subscribed my official signature and impressed hereon the official seal of Salt Lake City, Utah. _______________________________________ City Recorder Salt Lake City, Utah [SEAL] Cindy Trishman (Mar 6, 2021 17:38 MST) 1-19-21 Airport Bond Meeting Minutes (adopted 3-2-21) Final Audit Report 2021-03-07 Created:2021-03-03 By:Kory Solorio (kory.solorio@slcgov.com) Status:Signed Transaction ID:CBJCHBCAABAAFnqly7vtiAxbdAMmvvRlxYYmAFGZANPu "1-19-21 Airport Bond Meeting Minutes (adopted 3-2-21)" Histor y Document created by Kory Solorio (kory.solorio@slcgov.com) 2021-03-03 - 5:28:18 PM GMT- IP address: 204.124.13.151 Document emailed to Amy Fowler (amy.fowler@slcgov.com) for signature 2021-03-03 - 5:30:05 PM GMT Email viewed by Amy Fowler (amy.fowler@slcgov.com) 2021-03-06 - 3:35:33 PM GMT- IP address: 136.36.122.143 Document e-signed by Amy Fowler (amy.fowler@slcgov.com) Signature Date: 2021-03-06 - 3:35:43 PM GMT - Time Source: server- IP address: 136.36.122.143 Document emailed to Cindy Trishman (cindy.trishman@slcgov.com) for signature 2021-03-06 - 3:35:45 PM GMT Email viewed by Cindy Trishman (cindy.trishman@slcgov.com) 2021-03-07 - 0:37:23 AM GMT- IP address: 204.124.13.151 Document e-signed by Cindy Trishman (cindy.trishman@slcgov.com) Signature Date: 2021-03-07 - 0:38:58 AM GMT - Time Source: server- IP address: 204.124.13.151 Agreement completed. 2021-03-07 - 0:38:58 AM GMT