General Information

Government Type

Special Service District

Entity

Peak View Plaza Infrastructure Financing District

Public Body

Peak View Plaza Infrastructure Financing District

Notice Information

Add Notice to Calendar

Notice Title

SPECIAL MEETING

Notice Tags

Conflicts of Interest

Notice Type(s)

Meeting

Event Start Date & Time

October 10, 2024 09:30 AM

Description/Agenda

PUBLIC NOTICE AND AGENDA PEAK VIEW PLAZA INFRASTRUCTURE FINANCING DISTRICT SPECIAL MEETING NOTICE IS HEREBY GIVEN THAT THE BOARD OF TRUSTEES OF PEAK VIEW PLAZA INFRASTRUCTURE FINANCING DISTRICT WILL HOLD A SPECIAL MEETING ON THURSDAY, OCTOBER 10, 2024 AT YORK HOWELL, 10610 SOUTH JORDAN GATEWAY, SUITE 200, SOUTH JORDAN, UTAH 84095 AT 9:30am A. Call to Order B. Preliminary Action Items 1. Oaths of Office 2. Election of District Chair 3. Election of District Treasurer/Vice Chair 4. Election of District Clerk/Secretary 5. Discussion of Trustees' Conflict of Interest Disclosure Forms and Ethical Behavior Pledge Forms C. Action Items 1. Consider approval and ratification of the Governing Document, Final Local Entity Plat, and all actions taken by the Board of Trustees to consummate the creation of the District. 2. Consider approval of Resolution 2024-01: A resolution adopting rules of order. 3. Consider approval of Resolution 2024-02: A resolution implementing an electronic meetings policy. 4. Consider approval of Resolution 2024-03: A resolution adopting District bylaws, including ethics and fraud prevention policies. 5. Consider approval of Resolution 2024-04: A resolution implementing a District records policy. 6. Consider approval of Resolution 2024-05: A resolution of the Board of Trustees of the Peak View Plaza Infrastructure Financing District establishing the terms and conditions of an Assessment Ordinance for the Peak View Plaza Assessment Area (the 'Assessment Area'), authorizing the execution of a Designation Resolution and an Assessment Ordinance for the Assessment Area; approving the appraisal for the Assessment Area; authorizing the taking of all other actions necessary to the consummation of the transactions contemplated by this resolution; and related matters. 7. Consider approval of Resolution 2024-06: A resolution of the Board of Trustees of the Peak View Plaza Infrastructure Financing District authorizing the issuance and sale of the issuance of the District's Special Assessment Bonds, Series 2024 (Peak View Plaza Assessment Area) (the 'Bonds') in the aggregate principal amount of not to exceed $3,000,000; fixing the maximum principal amount of the Bonds, the maximum number of years over which the Bonds may mature, the maximum interest rate which the Bonds may bear, and the maximum discount from par at which the Bonds may be sold; delegating to certain officers of the District the authority to approve the final terms and provisions of the Bonds within the parameters set forth herein; authorizing the execution by the district of a Master Resolution, a Bond Purchase Agreement, a Placement Agent Agreement, and other documents required in connection therewith; authorizing the taking of all other actions necessary to the consummation of the transactions contemplated by this resolution; and related matters. 8. Consider approval of the proposed Funding and Reimbursement Agreement (Administrative) between the District and ALS Development, LLC, and authorizing the District Chair to sign. 9. Consider approval of the proposed Infrastructure Acquisition and Reimbursement Agreement between the District and ALS Development, LLC, and authorizing the District Chair to sign. 10. Consider authorizing the District Chair to (a) obtain a general liability policy proposal from Utah Local Governments Trust or such other insurance provider, (b) accept any policy proposal for aggregate coverage of a minimum of $2 million with an annual premium not to exceed $3,000; and (c) to adjust the policy period as needed to coordinate with pending bond issuance. 11. Consider authorizing the District Chair to obtain public officials' bonds for the District's officers from Utah Local Governments Trust or such other insurance provider in the amounts of $250,000 for the District Treasurer and $100,000 for each of the other District Officers, and authorizing the payment of premiums for the same. 12. Consider approval of a tentative District board meeting calendar for the calendar year of 2025. 13. Consider approval of an engagement agreement for legal services between the District and York Howell, and authorizing the District Chair to sign. 14. Consider approval of the Special Districts Preparation Statement of Work and the Special Districts Master Services Agreement between the District and Clifton Larson Allen LLP, and authorizing the District Chair to sign. 15. Consider adoption of the tentative operating and capital budget for calendar year 2024 and set a public hearing to take public comment on the same. 16. Consider adoption of the tentative operating and capital budget for calendar year 2025 and set a public hearing to take public comment on the same. D. Administrative Non-Action Items 1. Board Training - Open and Public Meetings Act 2. Training required by state auditor for new board members: https://training.auditor.utah.gov E. Adjourn The District complies with the Americans with Disabilities Act by providing reasonable accommodations for those in need of assistance. Persons requesting accommodations for public meetings should call Ashley Tedesco at 801-527-1023 at least one (1) full business day before the meeting.

Notice of Special Accommodations (ADA)

ADA

Notice of Electronic or Telephone Participation

n/a

Meeting Information

Meeting Location

YORK HOWELL, 10610 SOUTH JORDAN GATEWAY
SUITE 200
SOUTH JORDAN, UT 84095
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Contact Name

Natalie Herschberg

Contact Email

natalie.herschberg@claconnect.com

Notice Posting Details

Notice Posted On

October 09, 2024 10:46 AM

Notice Last Edited On

October 09, 2024 10:46 AM

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