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File #: 24-1843    Version: 1 Name:
Type: Discussion Items Status: Passed
File created: 6/19/2024 In control: County Council
On agenda: 6/25/2024 Final action: 6/25/2024
Title: Consideration of a Resolution Approving The Financing By Salt Lake County, Utah (The "Issuer"), of the Costs of Acquiring, Constructing, Improving, Renovating, Repairing, Equipping, and Furnishing Certain Educational Facilities of Rowland Hall - St. Mark's School, A Utah Non-Profit Corporation (The "Borrower"); Authorizing the Issuance By the Issuer of Its Not To Exceed $85,000,000 Industrial Development Revenue Bonds (Rowland Hall Project), Series 2024, Which Will Be Payable Solely From the Revenues Arising From the Pledge of A Loan Agreement (The "Loan Agreement"), Among the Issuer, the Borrower, and Zions Bank (The "Lender"); Authorizing the Execution And Delivery of Said Loan Agreement and Related Documents; Confirming the Sale of Said Bonds; and Related Matters
Attachments: 1. Staff Report, 2. Authorizing Resolution - Rowland Hall Series 2024, 3. Zions Bank - Rowland Hall - Loan Agreement

Requested Agenda Date:

6/25/2024

 

Requested Agenda Title:

Title

Consideration of a Resolution Approving The Financing By Salt Lake County, Utah (The “Issuer”), of the Costs of Acquiring, Constructing, Improving, Renovating, Repairing, Equipping, and Furnishing Certain Educational Facilities of Rowland Hall - St. Mark’s School, A Utah Non-Profit Corporation (The “Borrower”); Authorizing the Issuance By the Issuer of Its Not To Exceed $85,000,000 Industrial Development Revenue Bonds (Rowland Hall Project), Series 2024, Which Will Be Payable Solely From the Revenues Arising From the Pledge of A Loan Agreement (The “Loan Agreement”), Among the Issuer, the Borrower, and Zions Bank (The “Lender”); Authorizing the Execution And Delivery of Said Loan Agreement and Related Documents; Confirming the Sale of Said Bonds; and Related Matters

Body

 

Requested Action: Discussion - Vote Needed

 

Presenter(s) (with titles): Craig Wangsgard, SLCo, Senior Civil Attorney, District Attorney's Office. 

 

Time Needed: 5 MINS

 

Is this Item Time-Sensitive and/or Requesting a Time-Certain? No

 

Requesting Staff Member: Craig Wangsgard, SLCo, Senior Civil Attorney, District Attorney's Office.

 

Are Supporting Documents Needed for this Agenda Item Request? Yes