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File #: 19-859    Version: 1 Name:
Type: Consent Item Status: Agenda Ready
File created: 7/8/2019 In control: Committee of the Whole
On agenda: 7/16/2019 Final action:
Title: Resolution of the Salt Lake County Council declaring official intent to reimburse expenditures to its general fund or other county funds for the financing of project costs associated with acquiring, improving or constructing homeless shelters, other county capital projects and related facilities Not to Exceed $21 Million Dollars
Attachments: 1. Staff Report, 2. Sales Tax bond reimbursement resolution (homeless shelters)7.12.19(2)
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Topic/Discussion Title:

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Resolution of the Salt Lake County Council declaring official intent to reimburse expenditures to its general fund or other county funds for the financing of project costs associated with acquiring, improving or constructing homeless shelters, other county capital projects and related facilities

 

Not to Exceed $21 Million Dollars

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Description:  The County intends to finance the projects with long-term debt and shall make expenditures as needed from its funds on hand to pay the costs of the projects, expected not to exceed $21 million dollars, until the proceeds of the bond obligations become available.

 

Requested Action: Approval

 

Presenter(s): Erin Litvack, Deputy Mayor/Chief Administrative Officer 

 

Time Needed: 10 min

 

Time Sensitive: Yes

 

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

 

Requesting Staff Member: Darrin Casper, Deputy Mayor/Chief Financial Officer

 

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.