SALT LAKE CITY COUNCIL
AGENDA
CITY AND COUNTY BUILDING
451 SOUTH STATE STREET
Tuesday, December 10, 1985
6:00 p.m.
A. BRIEFING SESSION: Room 211 City Hall, City and County Building.
1. Report of the Executive Director.
2. Representatives of Alexander Grant & Co. will brief the Council on the Fiscal Year 1984-85 financial audit.
B. OPENING CEREMONIES:
1. Invocation.
2. Pledge of Allegiance.
3. Approval of the minutes.
4a. The City Council and Mayor will adopt a resolution of appreciation in honor of the forty years of service June Newman has given to the Airport Authority.
C. COMMENTS:
1. Questions to the Mayor.
2. Citizen Comments.
D. CONSENT AGENDA
1. Set a date for a public hearing to be held Tuesday, January 14, 1986 at 7:00 p.m. to discuss Petition No. 400-348 submitted by Mary Lou Day requesting the City to rezone property at 1450 South 2200 East - the Curtis School site property from a “B-3” to a “R—2” classification.
(P 85-328)
Recommendation: Set date.
2. Set a date for a public hearing to be held Tuesday, January 14, 1986 at 7:00 p.m. to discuss Petition No. 400-370 submitted by Johansen, Thackeray & McKenzie properties requesting the rezoning of property located at approximately 2300 East and 1450 South from an “R-2” to a “B-3” classification.
(P 85-329)
Recommendation: Set date.
3. Set a date for a public hearing to be held Tuesday, January 7, 1986 at 6:30 p.m. to discuss the proposed Housing Element Update.
(T 85-28)
Recommendation: Set date.
4. Set a date for a public hearing to be held Tuesday, January 7, 1986 at 6:35 p.m. to discuss the proposed Assisted Housing Master Plan recommending the reinstitution of the City’s land-bank program and the continuation of the housing program.
(T 85-29)
Recommendation: Set date.
5. Consider and adopt a resolution to create Salt Lake City Lighting District No. 3, and to authorize the operation, maintenance, patrolling and powering of improvements as set forth in the notice of intention and to create the Special Improvement District.
(Q 85-16)
Recommendation: Adopt.
6. Set a date for a public hearing on Tuesday, January 7, 1986 at 6:50 p.m. to discuss the siting of a future waste water treatment facility on property being acquired by the Public Utilities Department at approximately 4800 West 500 South.
(G 85-26)
Recommendation: Set date.
E. NEW COUNCIL BUSINESS
1. Consider and approve the transfer of up to $10,000 from the 11th Year CDBG Contingency Fund to the Children’s Museum to fund the clean-up of asbestos in the basement of their facility.
(T 85-30)
Recommendation: Suspend rules, adopt.
2. Consider and approve the amendment of the City’s staffing document and to increase Airport Authority authorized staffing level from 195 to 196 employees to allow for the hiring of a Facilities Maintenance Inspector.
(O 85-15)
Recommendation: Suspend rules, adopt.
3. Consider and approve the appointments of Lisa Buffmire, Tom Berggren, Susan Lyman, Preston Kearsley and Elizabeth Ann Wolf to the Charitable Solicitations Committee.
(I 85-11)
Recommendation: Suspend rules, adopt.
F. UNFINISHED COUNCIL BUSINESS
1. Consider and adopt a resolution authorizing, providing for and confirming the issuance and sale by Salt Lake City, Utah of its Variable Rate Industrial Development Revenue Bonds (G & K Services Inc., Project) in the maximum aggregate principal amount of $2,000,000, for the purpose of financing all or part of the cost of the acquisition and construction of a commercial laundry facility and related improvements, for use by G. & K Services, Inc., a Minnesota Corporation; prescribing the form of the Bonds and authorizing the manner of their sale, execution and delivery; approving the forms of, and authorizing the execution and delivery of a Loan Agreement, Indenture of Trust, Bond Purchase Agreement and other agreements and documents required in connection therewith; appointing First Security Bank of Utah, N.A., as trustee under the Indenture of Trust and as bond registrar and paying agent; approving and authorizing the execution and filing of certain Internal Revenue Service filings required with respect to the Bonds authorizing the execution of the Bonds and all other certificates, agreements, instruments and the performance of all acts and other matters required in connection with the Bonds and said transaction and the Project; stating the pledge of the State of Utah under Section 11-17-13, Utah Code Annotated (1953), as amended, authorizing official(s) of the City to attend the closing of the Bonds and to act for the City at the closing; approving and ratifying all acts heretofore taken with respect to the Bonds and the Project; authorizing and approving all other matters and the taking of all actions necessary or incidental to the consummation of the transactions contemplated by the resolution and the aforesaid documents; repealing resolutions or portions thereof in conflict with the resolution; providing a severability clause; providing an effective date; and related matters.
(Q 85-14)
Recommendation: Adopt.
2. Consider and adopt a resolution authorizing and providing for the issuance and sale by Salt Lake City, Utah of its Industrial Development Revenue Bonds (Intermountain Milk Producers Project) in the aggregate principal amount of $7,300,000 for the purpose of financing all or part of the cost of the acquisition and construction of a new milk processing plant and related improvements, for use by Intermountain Milk Producers Association, a Utah Cooperative association; prescribing the form of the bond and authorizing the manner of their sale, execution and delivery; approving the forms of, and authorizing the execution and delivery of, a Loan Agreement, Indenture of Trust, Bond Purchase Agreement and other agreements and documents required in connection therewith; appointing a trustee under the Indenture of Trust and as bond registrar and paying agent; approving and authorizing the execution and filing of certain Internal Revenue Service filings required with respect to the Bond; authorizing the execution of the Bond and all other certificates, agreements, instruments and documents and the performance of all acts and other matters required in connection with the Bond and said transaction and the Project; stating the pledge of the State of Utah under Section 11-17-13, Utah Code Annotated (1953), as amended, authorizing official(s) of the City to attend the closing of the Bond and to act for the City at the closing; approving and ratifying all acts heretofore taken with respect to the Bond and the Project; authorizing and approving all other matters and the taking of all actions necessary or incidental to the consummation of the transactions contemplated by the resolution; repealing resolution or portions thereof in conflict with the resolution; providing a severability clause; providing an effective date; and related matters.
(Q 85-10)
Recommendation: Adopt.
3. Consider and adopt a resolution of the City Council of Salt Lake City, Salt Lake County, Utah, authorizing the issuance and sale of Industrial Development Revenue Bonds, (Holland Equipment, Co. Project) Series 1985, in the aggregate principal amount of $1,200,000, to be initially dated as of December 1, 1985; authorizing the execution and delivery of an Indenture of Trust, Loan Agreement, Bond Purchase Agreement, Inducement Letter and other documents required in connection therewith; approving the form of a Mortgage, Security Agreement, and Assignment of Rents; approving the issuance and sale of such bonds for purposes of compliance with Section 103(k) of the Internal Revenue Code of 1954; and authorizing the taking of all other actions necessary to the consummation of the transactions contemplated by this resolution.
(Q 85-6)
Recommendation: Adopt.
4. Consider and adopt a resolution providing for the financing by Salt Lake City, Utah, of a project consisting of an office production and service facility, equipment, furnishings and related property and improvements in order that William K. Reagan may be provided with facilities to promote the general welfare and encourage the increase of industry and commerce; authorizing and providing for the issuance by Salt Lake City, Utah of its $2,000,000 Industrial Development Revenue Bonds, (William K. Reagan Project) Series 1985 which will be payable solely from the revenue arising from the pledge of a loan agreement with William K. Reagan; authorizing the execution and delivery of a loan agreement between Salt Lake City, Utah and William K. Reagan; providing for the acquisition of land, financing and construction of said project; authorizing the execution and delivery of an Indenture of Trust and a Bond Purchase Agreement; confirming the sale of said bonds to the purchaser thereof, authorizing the use of an official statement; and related matters.
(Q 85-7)
Recommendation: Adopt.
5. Consider and adopt a resolution providing for the financing by Salt Lake City, Utah, of a project consisting of land, a building, equipment, improvements and related property in order that James L. Easton may be provided with facilities to promote the general welfare and encourage the increase of industry and commerce; authorizing and providing for the issuance by Salt Lake City, Utah of its $5,000,000 Industrial Development Revenue Bonds (James L. Easton Project) Series 1985 which will be payable solely from the revenues arising from the pledge of a Loan Agreement with James L. Easton; authorizing the execution and delivery of a Loan Agreement between Salt Lake City, Utah, and James L. Easton; providing for the acquisition and financing of said project; authorizing the execution and delivery of an Indenture of Trust and Pledge, and a Contract of Purchase; confirming the sale of said bonds to the purchaser thereof; and related matters.
(Q 85-12)
Recommendation: Adopt.
6. Consider and adopt a resolution authorizing the issuance and sale by Salt Lake City, Utah of its Industrial Development Revenue Bonds, Series 1985 (Champion Commercial- Joint Venture Project) and authorizing the execution and delivery of agreement; documents, and instruments and related matters therewith. Said Industrial Development Revenue Bond issue shall not exceed $8,000,000 and shall be used to provide financing for the acquisition, construction, reconstruction, and furnishing of a multi-purpose commercial building complex, parking facilities, and related facilities at Exchange Place and Cactus Street in Salt Lake City, Utah.
(Q 85-11)
Recommendation: Adopt.
7. Consider and adopt a resolution authorizing the issuance and confirming the sale by Salt Lake City, Utah, (the ‘City”) of its (i) $36,400,000 Variable Rate Demand Hospital Revenue Bonds, Series 1985-A (IHC Hospitals, Inc.), (ii) $31,200,000 Variable Rate Demand Hospital Revenue Bonds, Series 1985-B (IHC Hospitals Inc.) and (iii) $31,200,000 Variable Rate Demand Hospital Revenue Bonds, Series 1985-C (IHC Hospitals, Inc.) for the purpose of financing the cost of acquiring, constructing, improving and equipping certain hospital facilities for IHC Hospitals, Inc. within the State of Utah pursuant to the Utah Industrial Facilities Development Act and Utah Interlocal Cooperation Act, said Bonds and all obligation of the City in connection with such transaction to be payable solely and exclusively from the revenues arising from the pledge of notes of IHC Hospitals, Inc., given as security for said Bonds and in no event to constitute a general obligation or liability of the City or a charge against its general credit or taxing powers; authorizing the execution and delivery by the City of Loan Agreements, Indentures of Trust and Pledge and a Purchase Contract in connection with such transaction, and related matters.
(Q 85-20)
Recommendation: Adopt.
8. Consider and approve a resolution to enter into a lease with the Salt Lake City Development Corporation and a corresponding sublease to the Housing Authority of Salt Lake City, each with respect to housing for the elderly of low- and moderate-income in Salt Lake City. The proposed lease and sublease would obligate the city to maintain a debt service reserve fund against any potential draws for debt service because of project shortfalls. The lease and sublease would be executed with such changes as the Mayor might approve.
(C 85-564)
Recommendation: Approve.
9. Consider and adopt a resolution providing for the financing by Salt Lake City, Utah, of a project consisting of a commercial office building, equipment and related property and improvements in Salt Lake City in order that UUHC/Boyer First South Associates, a Utah Limited Partnership, may be provided with facilities to promote the general welfare and encourage the increase of industry and commerce; authorizing and providing for the issuance by Salt Lake City, Utah of its Industrial Development Revenue Bonds, Series 1985 (U.U.H.C./Boyer First South Associates Project) which will be payable solely from the revenues arising from the pledge of a loan agreement with U.U.H.C./Boyer First South Associates, a Utah Limited Partnership; authorizing the execution and delivery of a Loan Agreement between Salt Lake City, Utah and U.U.H.C./Boyer First South Associates, a Utah Limited Partnership; providing for the acquisition, financing and construction of said project; authorizing the execution and delivery of an Indenture of Trust and a Bond Purchase Agreement; confirming the sale of said bonds to the purchaser thereof; and related matters.
(Q 85-18)
Recommendation: Adopt.
10. Consider and adopt a Statement Of Intent between Salt Lake City Corporation and IHC Hospitals, Inc. concerning the current Primary Children’s Hospital site when proceeds from the sale of Variable Rate Demand Hospital Bonds Series l985A, l985B, and l985C are expended for new construction and/or renovation of the hospital facility.
(Q 85-20)
Recommendation: Adopt.
G. PUBLIC HEARINGS
1. Obtain public comment concerning Petition No. 400-309 submitted by the Salt Lake City Department of Public Utilities requesting Salt Lake City to vacate Midland Street between 1900 North and 2300 North Streets and adopt the ordinance relating thereto.
(P 85-255)
Staff Recommendation: Close hearing, adopt.
2. Obtain public comment concerning and consider and adopt an ordinance amending Section 51-24B-4 of the Revised Ordinance of Salt Lake City, Utah, 1965, relating to Height Regulations.
(O 85-39)
Recommendation: Close hearing, Adopt.
3. Obtain public comment concerning Petition No. 400-363 submitted by Hermes Associates requesting the rezoning of property located between 400 and 500 South and 400 East and 600 East from Residential “R-7”, Business “B-3” and Commercial “C-l” to a “C-3A” Commercial classification.
(P 85-257)
Recommendation: Close hearing, Planning
Commission recommends
approval; Council staff
recommends denial.
H. ADJOURNMENT: