Requested Agenda Date:
8/31/2021
Requested Agenda Title:
Title
A Resolution of the Salt Lake County Council Declaring Certain Real Property Available for Disposal and Authorizing Execution of an Interlocal Cooperation Agreement with the Municipal Building Authority of Salt Lake County
Body
Requested Agenda Item Description: The Salt Lake County recently acquired a parcel of real property in South Salt Lake, Utah, where it has been constructing a new library. The Salt Lake County Municipal Building Authority adopted Resolution No. 35 on October 24, 2017, to reimburse the County for financing project costs associated with the construction of library facilities, including the purchase of land, planning and architectural services, construction, furniture, fixtures, and equipment through the issuance of municipal bonds. The County's purchase of the Granite Property and construction of the new library on that parcel is a project covered by the reimbursement provisions of the MBA's Resolution No. 35. Therefore, the County has agreed to transfer title of the Granite Property to the MBA. The Salt Lake County Library Board has approved transfer of the Granite Property to the MBA. Having provided notice as required by the County Code of Ordinances and held a public hearing on August 31, 2021, the County may now declare the Granite Property available for disposal to the MBA. In furtherance of the above stated public purpose, the County and the MBA have negotiated an Interlocal Cooperation Agreement that contains the terms and conditions governing the transfer. It has been determined that the best interests of the County and the general public will be served by entering into the Interlocal Cooperation Agreement.
Requested Action: Discussion - Vote Needed
Presenter(s) (with titles): Derrick Sorensen, Real Estate Manager
Time Needed: 5 MINS
Is this Item Time-Sensitive and/or Requesting a Time-Certain? No
Requesting Staff Member: Ina Landry, Administrative Services D...
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