PROCEEDINGS OF THE CITY COUNCIL OF SALT LAKE CITY, UTAH
THURSDAY, NOVEMBER 1, 1984
THE CITY COUNCIL OF SALT LAKE CITY, UTAH, MET IN REGULAR SESSION ON THURSDAY, NOVEMBER 1, 1984, AT 6:00 P.M. AT THE PUBLIC UTILITIES DEPARTMENT IN CONFERENCE ROOM 227, 1530 SOUTH WEST TEMPLE.
ON ROLL CALL THE FOLLOWING COUNCIL MEMBERS WERE PRESENT: RONALD J. WHITEHEAD ALICE SHEARER GRANT MABEY IONE M. DAVIS SYDNEY R. FONNESBECK EDWARD W. PARKER EARL F. HARDWICK.
Mayor Wilson was absent from the meeting.
Council Chairperson Ronald Whitehead presided at and conducted the meeting.
DEPARTMENTAL BUSINESS
OFFICE OF THE MAYOR
#1. RE: An agreement with the Federal Emergency Management Administration (FEMA) to receive $25,000 to fund a fire prevention program. Ms. Leigh von der Esch, council executive director, explained that Florence Bittner had previously outlined this project to the Council. Councilmember Davis asked what would happen to the project if funding were discontinued. According to Ms. Bittner the project would be discontinued.
Councilmember Parker moved and Councilmember Whitehead seconded to adopt Resolution 107 of 1984, implementing a community volunteer fire prevention program, which motion carried, all members voting aye.
(C 84-498)
PUBLIC HEARINGS
International Center Hotel Associates Ltd.
RE: Industrial Development Revenue Bonds.
A public hearing was held at 6:00 p.m. to discuss this issue. Ms. von der Esch, council executive director, said that a hearing had been held in July of 1984 regarding the inducement resolution for this project. She explained that at that meeting, representatives of the hotel association had made comments regarding this project. She also said that the inducement resolution had been adopted at that meeting. Ms. von der Esch said that tonight’s public hearing had been appropriately advertised indicating the change in the meeting place. No one from the audience addressed this issue.
Councilmember Shearer moved and Councilmember Fonnesbeck seconded to close the public hearing, which motion carried, all members voting aye.
Councilmember Shearer moved and Councilmember Parker seconded to adopt Resolution 108 of 1984, authorizing the issuance of $7,100,000 principal amount of Industrial Development Revenue Bonds of Salt Lake City, State of Utah, for the purpose of financing the acquisition and/or construction and equipping of a commercial facility consisting of a hotel, restaurant, convention center and related facilities; authorizing the execution of a loan agreement and related documents; providing for a note of International Center Hotel Associates, Ltd., a pledge thereof and other terms for security of said Industrial Revenue Bonds; providing for the remedies of the holder of said Industrial Revenue Bonds and for the rights and duties of a trustee under a trust indenture; and otherwise approving such actions as may be necessary for issuance of said bonds; subject to the City Attorney's review and approval, which motion carried, all members voting aye except Councilmember Mabey who abstained from voting.
(Q 84-13)
The meeting adjourned at 6:15 p.m.