MEMORANDUM
July 2, 2015
TO: PERMANENT COMMUNITY IMPACT FUND BOARD
FROM: CANDACE POWERS, FUND MANAGER
SUBJECT: JULY 2, 2015 MEETING AGENDA
The next regular meeting of the Permanent Community Impact Fund Board (CIB) will be held on Thursday, July 2, 2015, in the Department of Environmental Quality's Board Room at the Multi-Agency State Office Building, 195 North 1950 West, Salt Lake City, Utah.
The meeting will start at 8:00 a.m. with the staff briefing for the CIB commencing at 8:30 a.m. The action portion of the CIB meeting will start after the completion of the staff briefing.
AGENDA
page
Briefing
1. Up-coming Meeting Dates & Locations
2. Financial Review 1-1-1
3. Review of Agenda Items discussion
I. Welcome & Introductions
II. Approval of Minutes (June 11, 2015 meeting) 2-1-1
III. New Projects
Applicant & Project $ Request page
1. Johnson Water Improvement District $ 244,000 (g) 3-1-1
Office and Shop Building
2. Central Valley Town $ 2,835,000 (g) 3-2-1
Street Improvements
3. Delta City $ 2,587,000 (l/g) 3-3-1
New Fire Station
4. Fountain Green City $ 129,525 (g) 3-4-1
Park Improvements - Restrooms & Concession Area
CIB Agenda
7/2/15
page ii
III. New Projects continued
Applicant & Project $ Request page
5. Town of Sterling $ 300,000 (g) 3-5-1
Street Improvements
6. Manti City $ 3,072,000 (l/g) 3-6-1
Recreation Facility
7. Sanpete County Municipal Building Authority $ 895,000 (g) 3-7-1
Fairgrounds Improvement
8. Town of Marysvale $ 1,185,000 (g) 3-8-1
Road & Drainage Improvements - Phase I
9. Kane County Water Conservancy District $ 875,000 (l/g) 3-9-1
Office Building and Warehouse
10. Kane County Recreation & Transportation SSD $ 139,000 (g) 3-10-1
SITLA - Class B & D Road Easements
11. Association of Governments $ 1,600,000 (g) 3-11-1
County Resource Management Planning
Bear River AOG . . . . . . . . . . . . . . . . $150,000
Five County AOG . . . . . . . . . . . . . . . $250,000
Six County AOG . . . . . . . . . . . . . . . $300,000
Southeastern Utah ALG . . . . . . . . . $200,000
Uintah Basin AOG . . . . . . . . . . . . . . $300,000 ($100,000 per county)
Mountainland AOG . . . . . . . . . . . . . $150,000
Wasatch Front Regional Council . . . $250,000
IV. Supplemental Request_______________________ _____________
1. Pinon Forest Special Service District $ 200,000 (l/g) 4-1-1
Purchase Water Shares
V. Board Member Issues_______________________ _____________
1. August 6, 2015 CIB Meeting - Conflict with Rural Summit August 6-7, 2015 in Cedar City.
In compliance with the Americans with Disabilities Act, individuals needing special accommodations (including auxiliary communicative aids and services) during this meeting should notify Cris Rhead, Permanent Community Impact Fund Board, at 1385 South State Street, 4th Floor, Salt Lake City, Utah, (801) 468-0043 at least three working days prior to the meeting.
CIB MEETING NOTES
July 2, 2015
Briefing
1. Up-coming Meeting Dates & Locations discussion
2. Financial Review 1-1-1
3. Review of Agenda Items discussion
I. Welcome & Introductions
II. Approval of Minutes (June 11, 2015) 2-1-1
III. New Projects page
1. Johnson Water Improvement District 3-1-1
New Office & Shop Building
$ 244,000 Grant
Location: Duchesne County, Class 4 producer (#3 rank; $43,089,076)
Cost Share: CIB share is 100%
Issues:
2. Town of Central Valley 3-2-1
Street Improvements
$ 2,835,000 Grant
Location: Sevier County, Class 4 producer (#4 rank; $38,787,301)
Cost Share: CIB share is 99%
Issues:
III. New Projects continued ___ page
3. Delta City 3-3-1
New Fire Station
$2,587,000 Total CIB Request
$ 777,000 20 y @ 0.0% Loan ($38,850/yr)
$1,810,000 Grant
Location: Millard County, Class 4 producer (#6 rank; $10,592,988)
Cost Share: CIB share is 86%
Issues:
________________________________________________
4. Fountain Green City 3-4-1
Park Improvements - Restrooms & Concession Area
$ 129,525 Grant
Location: Sanpete County, Class 2 producer (#15 rank; $699,053)
Cost Share: CIB share is 64%
Issues:
5. Town of Sterling 3-5-1
Street Improvements
$ 300,000 Grant
Location: Sanpete County, Class 2 producer (#15 rank; $699,053)
Cost Share: CIB share is 98%
Issues:
III. New Projects continued ___ page
6. Manti City 3-6-1
Recreation Facility - Sports Complex
$ 3,072,000 Total CIB request
$ 1,536,000 20 y @ 0.0% Loan ($37,500/yr)
$ 1,536,000 Grant
Location: Sanpete County, Class 2 producer (#15 rank; $699,053)
Cost Share: CIB share is 77%
Issues:
________________________________________________
7. Sanpete County Municipal Building Authority 3-7-1
Fairground Area Improvements - Grandstand, Restrooms & Concession Area
$895,000 Grant
Location: Sanpete County, Class 2 producer (#15 rank; $699,053)
Cost Share: CIB share is 50%
Issues:
________________________________________________
8. Town of Marysvale 3-8-1
Road & Drainage 2015 - Phase I
$ 1,185,000 Grant
Location: Piute County, Class 2 producer (#19 rank; $105,952)
Cost Share: CIB share is 100%
Issues:
III. New Projects continued page
9. Kane County Water Conservancy District 3-9-1
New Office and Warehouse Building
$ 875,000 Total CIB request
$ 350,000 30 y @ 1.0% Loan ($37,500/yr)
$ 525,000 Grant
Location: Kane County, Class 1 producer (#24 rank; $19,055)
Cost Share: CIB share is 79%
Issues:
________________________________________________
10. Kane County Recreation & Transportation SSD 3-10-1
SITLA - Class B & D Road Easements
$139,000 Grant
Location: Kane County, Class 1 producer (#24 rank; $19,055)
Cost Share: CIB share is 100%
Issues:
________________________________________________
11. Association of Governments 3-11-1
County Resource Management Planning
$1,600,000 Grant (7 AOG's combined)
Location: Bear River AOG . . . . . . . . . . . . . . . . $150,000
Five County AOG . . . . . . . . . . . . . . . $250,000
Six County AOG . . . . . . . . . . . . . . . $300,000
Southeastern Utah ALG . . . . . . . . . $200,000
Uintah Basin AOG . . . . . . . . . . . . . . $300,000 ($100,000 per county)
Mountainland AOG . . . . . . . . . . . . . $150,000
Wasatch Front Regional Council . . . $250,000
Cost Share: CIB share is 100%
Issues:
IV. Supplemental Request_______________________ _____________
1. Pinon Forest Special Service District 4-1-1
Purchase Water Shares
$ 200,000 Total CIB request
$ 100,000 20 y @ 1.5% Loan ($37,500/yr)
$ 100,000 Grant
Location: Duchesne County, Class 4 producer (#3 rank; $43,089,076)
Cost Share: CIB share is 100%
Issues:
V. Board Member Issues_______________________ _____________
1. August 6, 2015 CIB Meeting - Conflict with Rural Summit August 6-7, 2015 in Cedar City.
Notice of Special Accommodations (ADA)
In compliance with the Americans with Disabilities Act, individuals needing special accommodations (including auxiliary communicative aids and services) during this meeting should notify Cristine Rhead at 801-526-9392.