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11/17/2015 - Minutes MINUTES OF THE LOCAL BUILDING AUTHORITY OF SALT LAKE CITY TUESDAY, NOVEMBER 17, 2015 The Board of Directors of the Local Building Authority of Salt Lake City, Utah, met on Tuesday, November 17, 2015 at 3 : 3 p.m. in Room 326, Committee Room, City County Building, 451 South State . The following Board Directors were present : Kyle LaMalfa Stan Penfold James Rogers Erin Mendenhall Luke Garrott Lisa Adams The following Board Director was absent : Charlie Luke Cindy Gust-Jenson, Executive Council Director; Margaret Plane, City Attorney; David Everitt, Mayor' s Chief of Staff; and Cindi Mansell, City Recorder; were present . Director Garrott presided at and conducted the meeting. AGENDA ITEMS 3:03 :46 PM Councilmember Mendenhall moved and Coun ilmember Rogers seconded to recess as the City Council and convene as the Board of Directors of the Local Building Authority, which motion carried, all members present voted aye. #4 . 3 :04:24 PM A PROPOSAL REGARDING THE PROJECT RENDERINGS AND FLOOR PLANS FOR FIRE STATION NO. 14 . View Attachments Todd Reeder, Mike Akerlow, and Sylvia Richards briefed the Board from attachments . Mr. Reeder said 33% of the project would be paid for by impact fees with the remainder coming from bond proceeds . #5 . 3 :08:37 PM A PROPOSAL RELATED TO THE ISSUANCE F LEASE REVENUE BONDS THROUGH THE LOCAL BUILDING AUTHORITY FOR FIRE STATION NO. 14 . View Attachments Marina Scott, John Vuyk, and Sylvia Richards b iefed the Board from attachments relative to bond details, costs, and timeline. #6. 3 :11:10 PM A RESOLUTION AMENDING THE FINAL BUDGET FOR THE CAPITAL PROJECTS FUND OF THE LOCAL BUILDING AUTHORITY FOR FISCAL YEAR 2015-16 . This would amend the Local Building Authority's Fiscal Year 2015-16 budget and create a budget of $10, 984, 874 to fund the construction of Fire Station No. 14 . (Budget Amendment No. 1) View Attachments 15 - 1 MINUTES OF THE LOCAL BUILDING AUTHORITY OF SALT LAKE CITY TUESDAY, NOVEMBER 17, 2015 John Vuyk and Sylvia Richards briefed the Board from attachments . Mr. Vuyk explained Budget Amendment No. 1 was necessary in order to accept funds and establish the expense side for the Local Building Authority. Director Mendenhall moved and Director Penfo d seconded to adjourn as the Board of Directors of the Local Building Authority and reconvene as the City Council, which motion carried, all directors present voted aye, except Councilmember LaMalfa, who was absent for the vote . The meeting adjourned at 3 : 12 p.m. �v\40INGgG Presi ent SEAL S ce retary This document is not intended to serve as a full transcript as additional discussion may have been held; please refer to the audio or video for entire content . This document along with the digital recording constitute the official minutes of the Salt Lake City Local Building Authority meeting held November 17, 2015 . clm 15 - 2