City of South Salt Lake Redevelopment Agency
AGENDA
Public notice is hereby given that the City of South Salt Lake Redevelopment Agency will hold a meeting on Wednesday, May 14, 2025, in the City Council Chambers, 220 East Morris Avenue, Suite 200, commencing at 6:10 p.m., or as soon thereafter as possible.
To watch the meeting live click the link below to join:
https://zoom.us/j/93438486912
Watch recorded City Council meetings at: youtube.com/@SouthSaltLakeCity
Conducting: LeAnne Huff, Redevelopment Agency Chair
Opening Ceremonies
1. Roll Call
No Action Comments
1. Report of the Executive Director/Economic Development Director
Approval of Minutes
February 12th, Redevelopment Agency Meeting
New Business
1. Consideration of a Resolution of the Board Jonathan Weidenhamer
(the 'Board') of the City of South Salt Lake Redevelopment
Agency, Utah (the 'Agency'), authorizing the issuance
and sale of not more than $30,000,000 aggregate principal
amount of Tax Increment Revenue Bonds, series 2025
(in one or more series and with such additional or alternate
designations as the agency may determine, the 'Bonds');
fixing the maximum aggregate 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 Agency and the City of South Salt Lake, Utah (the 'City')
the authority to approve the final terms and provisions of the
bonds within the parameters set forth herein; providing for the
publication of a notice of bonds to be issued; providing for the
running of a contest period; authorizing and approving the execution
of a general indenture and supplemental indenture,
a bond purchase agreement, and other documents required in
connection therewith; approving a preliminary limited offering
memorandum and a limited offering memorandum; authorizing
the execution of an amendment to interlocal agreement between
the Agency and the City; authorizing the taking of all other actions
necessary to the consummation of the transactions contemplated
by this resolution; and related matters.
Motion for Closed Meeting
Adjourn
Posted May 9, 2025
Notice of Special Accommodations (ADA)
Those needing auxiliary communicative aids or other services for this meeting should contact Ariel Andrus at 801-483-6019, giving at least 24 hours' notice.
Notice of Electronic or Telephone Participation
In accordance with State Statute one or more Board Members may be connected electronically.