SALT LAKE CITY COUNCIL
CITY COUNCIL CHAMBERS
ROOM 300, CITY HALL
324 SOUTH STATE STREET
Thursday, February 23, 1989
E. NEW COUNCIL BUSINESS:
1. Interlocal Cooperation Agreement Amendment - Revenue Bond Refunding.
Consider adopting a resolution authorizing the execution and delivery of the amendment to Interlocal Cooperation Agreement, amending the Interlocal Cooperation Agreement dated as of December 1, 1985, among Salt Lake City Corporation, Sandy City, Murray City, City of Orem, Salt Lake County and Millard County, providing for the refunding of certain revenue bonds issued to finance certain health care facilities of IHC Hospitals, Inc. located within the boundaries of Salt Lake City Corporation and the other cities and counties which are signatories to said Interlocal Cooperation Agreement.
Staff Recommendation: Suspend rules, adopt on
F. UNFINISHED COUNCIL BUSINESS:
1. Bond Sale Resolution - IHC Revenue Refunding Bonds.
Consider adopting a resolution authorizing the issuance and confirming the sale of $36,400,000 of Hospital Revenue Refunding, Series 1989-A (IHC Hospitals, Inc.) to be issued by Salt Lake City Corporation for the purpose of refunding certain revenue bonds previously issued by Salt lake City Corporation to finance certain health care facilities of IHC Hospitals, Inc. located within the boundaries of Salt Lake City Corporation and certain other cities and counties; and authorizing and directing the publication of a Notice of Bonds to be issued with respect thereto.
Staff Recommendation: Adopt.
G. PUBLIC HEARINGS:
1. IHC Revenue Refunding Bonds – 5:00 p.m.
Obtain public comment on the issuance of Hospital Revenue Refunding Bonds by Salt Lake City Corporation and consider a resolution approving the issuance of said Bonds.
Staff Recommendation: Close hearing.