HomeMy WebLinkAboutProposed Resolution - 5/3/20221
Resolution No. ______ of 2022
(Adopting the Tentative Budget for the Capital Projects Fund of the Local Building Authority of
Salt Lake City, Utah for Fiscal Year 2022-2023)
A Resolution Adopting the Tentative Budget for the Capital Projects Fund of the Local
Building Authority of Salt Lake City, Utah, for the Fiscal Year Beginning July 1, 2022 and
Ending June 30, 2023.
PREAMBLE
WHEREAS, the Salt Lake City Council has created the Local Building Authority of Salt
Lake City, Utah (the “Building Authority”), and has appointed Mary Beth Thompson as the
Budget Officer of the Building Authority (the “Budget Officer”); and
WHEREAS, the Budget Officer has filed with the Board of Directors (the “Board”) of the
Building Authority a tentative budget for the capital projects fund of the Building Authority; and
WHEREAS, the Board is required to review, consider and tentatively adopt the tentative
budget in a regular or special meeting called for that purpose; and
WHEREAS, the tentative budget adopted by the Board and all supporting schedules and
data shall be a public record in the office of the Secretary of the Building Authority, available for
public inspection for a period of at least ten days before the adoption of the final budget; and
WHEREAS, at the meeting in which the tentative budget for the capital projects fund is
adopted, the Board shall establish the time and place of a public hearing to consider the adoption
and shall order that notice thereof be given at least seven days before the hearing (a) by posting
in three public places within Salt Lake City, Utah and (b) by publishing on the Utah Public
Notice Website.
NOW, THEREFORE, be it resolved by the Board of Directors of the Local Building
Authority of Salt Lake City, Utah, as follows:
2
1. The tentative budget for the capital projects fund of the Building Authority for the
fiscal year 2022-2023, filed by the Budget Officer with the Board, is hereby adopted as the
Building Authority’s tentative budget for the capital projects fund and is ordered to be filed and
maintained as a public record, available for public inspection in the office of the Secretary of the
Building Authority, whose office is located at 451 South State Street, Room 415, Salt Lake City,
UT 84111, until adoption of the final budget.
2. The Board shall hold a public hearing on the budget tentatively adopted. The
public hearing shall be held at 7:00 p.m. on ________, 2022 and _________, 2023, at the City
Council Chambers, City & County Building, 451 South State Street, Room 315, Salt Lake City,
Utah. Notice of the public hearing shall be given at least seven days before the hearing (a) by
posting in three public places within Salt Lake City, Utah and (b) by publishing on the Utah
Public Notice Website. At the public hearing the Board shall give all interested persons in
attendance or connected remotely an opportunity to be heard on the estimates of revenues and
expenditures or any item in the tentative budget of the capital projects fund.
3. This Resolution shall take effect immediately upon its approval and adoption.
Passed by the Board of Directors of the Local Building Authority of Salt Lake City, Utah,
this _____ day of _______________, 2022.
________________________
ATTEST: PRESIDENT
______________________________
SECRETARY APPROVED AS TO FORM
Boyd Ferguson
Boyd Ferguson, Senior City Attorney
Date: _____________________