Salt Lake County header
File #: 19-392    Version: 1 Name:
Type: Discussion Items Status: Passed
File created: 3/22/2019 In control: Committee of the Whole
On agenda: 4/2/2019 Final action: 4/2/2019
Title: Resolution of the Salt Lake County Council Authorizing the Publication of a Notice of its Intention to obtain an Infrastructure Loan; providing for the running of a contest period and authorizing execution of an Interlocal Agreement with the Utah Department of Transportation (Disbursement of $5,250,000 - Total New Obligation is $10,000,000)
Attachments: 1. Staff Report, 2. AATF_UDOT SIB Revised Loan Agreement_Resolution_c_and Notice

 

Topic/Discussion Title:

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Resolution of the Salt Lake County Council Authorizing the Publication of a Notice of its Intention to obtain an Infrastructure Loan; providing for the running of a contest period and authorizing execution of an Interlocal Agreement with the Utah Department of Transportation

 

(Disbursement of $5,250,000 - Total New Obligation is $10,000,000)

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Description:  Interlocal Cooperation Agreement with the Utah Department of Transportation to obtain the remainder of the $23.2M Infrastructure Loan from the State Infrastructure Bank (SIB). The remainder of the amount to be transferred is $5,250,000.

 

Requested Action: Consent

 

Presenter(s): Helen Peters & Blake Thomas 

 

Time Needed: Consent

 

Time Sensitive: No

 

Specific Time(s): Enter text here - if important to schedule at a specific time, list a few preferred times.

 

Requesting Staff Member: Helen Peters

 

Will You be Providing a PowerPoint: No

 

Please attach the supporting documentation you plan to provide for the packets. Agenda items must be approved by Wednesday at 11:00 am.  While not ideal, if PowerPoint presentations are not yet ready, you can submit them by 10 am the Friday morning prior to the COW meeting. Items without documentation may be withheld from consideration for that COW meeting.