05/26/2011 - Agenda URVilklarif Map
PUBLIC UTILITIES ADVISORY COMMITTEE
1530 SOUTH WEST TEMPLE
SALT LAKE CITY, UTAH 84115
Public Utilities Advisory Committee Meeting
Agenda
May 26, 2011
1530 South West Temple Street
7:00 a.m. RECEIVED
1. Approve Minutes of March 24, 2011 Meeting MAY 2 3 2011
2. Financial Report—Jim Lewis CITY RECORDER
3. Board of Canal Presidents Property Transaction—Rusty Vetter
(See attached notice)
4. Terminal Reservoir Update & Permit—Mike Wilson MWDSLS
5. Safety Issue City Creek Canyon Long Boards—Patrick Nelson
6. Spring Run Off Updates & Preparation—Tom Ward
7. Lighting District Enterprise Fund—Jeff Niermeyer
8. Adjourn
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/'1 1!-6
RECEIVED
MAY 2 3 2011
CITY RECORDER
NOTICE OF CONVEYANCE OF SIGNIFICANT PARCEL OF
REAL PROPERTY
BY SALT LAKE CITY CORPORATION
BACKGROUND
Salt Lake City Corporation(the"City")has been affiliated through an unincorporated association
of water users who have jointly owned and operated the Utah Lake Pumping Plant(located on the
Jordan River below the outlet of Utah Lake),the Turner Dam and other appurtenant diversion
works, facilities and related real property. The operations have been conducted for the purpose of
delivering both direct flow water from the Jordan River and storage water from Utah Lake to the
association members under their respective water rights or the water rights of others. This
unincorporated association has been operating since the early 1900's.
Some of the parties have equitable ownership interests in the existing facilities and real property
upon which the facilities and other support buildings owned by the unincorporated association are
physically located. Title to the real property is the in name of the City; however, over time, the
City has consistently recognized the equitable interests of the other association members in the
real property. The City intends to participate with the other parties to construct replacement
facilities based upon their current and foreseeable needs for pumping capacity.
In order to facilitate the construction of the replacement facilities,the City intends to join with the
other parties in the incorporation of a non-profit corporation to acquire title to the existing
facilities, including the interests in the real property held in the name of the City. In exchange for
transfer of title to the real property,the City will receive its proportionate share of shares of stock
in the new corporation. The exchange of the City's interest in the real property for the shares of
stock will be an equal value exchange.
NOTICE PURSUANT TO CITY CODE SECTION 2.58.040
NOTICE is hereby given that at 7:00 a.m. on May 26,2011, at the offices of the Salt Lake City
Department of Public Utilities, 1530 South West Temple, Salt Lake City, Utah, the Public Utilities
Advisory Committee("PUAC")will consider the City's conveyance of real property as set forth
above. Public comments are welcome at the meeting.
The real property is identified on the map attached hereto. The property will be conveyed by the
City to the new entity in consideration and exchange for shares of stock as an equal value
exchange. The following entities will be shareholders in the new entity: Utah and Salt Lake Canal
Company. East Jordan Irrigation Company, Salt Lake City Corporation, South Jordan Canal
Company,North Jordan Irrigation Company,Jordan Valley Water Conservancy District,
Kennecott Utah Copper LLC, Draper Irrigation Company, and Metropolitan Water District of Salt
Lake& Sandy. Based in part on the valuation work performed by Norman. Townsend &Johnson,
the approximate value of the City's interest in the association is S1,019,000. 00.
Jeff Niermeyer, Director, Department of Public Utilities, is requesting the PUAC to recommend
that the City's Mayor approve the transactions involving the City's property, as generally
described herein.
Jordan
River
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sa`at°g a atot.
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Lake outlet,dam
and control gate
CD
Parcel C
EXHIBIT B N
Page - 1
200 100 0 200 400 600 800
Feet
.__._.__
5 15: Home at Truner Dam
Located on Parcel D
/
Parcel D
14:Turn-r Dam and all associated works and facilities
Exc•ding EJIC headgate and UT Dist headgate
EXHIBIT B N
Page - 2
200 100 0
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. N 9550 W N 9550 W =NM N 9550 W
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rj l
S 3000 W
05
c
d Canal,PumPhouse
l`O 17:Easments,Ditches. '
on 5.2
4 acre parcel
0
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EXHIBIT B
Page - 3 Z
1,200 600 0 1,200 2,400 3,600 4,800
Feet