Agenda Item Title:
Title
Recess of City Council and convene a meeting of the Sandy City Redevelopment Agency
Body
Presenter:
Brian Kelley, Administrative Services Director
Nick Duerksen, Economic Development/RDA Director
Body
Description/Background:
Item 1: Convene RDA Meeting
Item 2: Resolution RD 21-05. A Resolution reappropriating unexpected funds within the redevelopment funds. *This is a Public Hearing Item*
Item 3: Resolution RD 21-06. A Resolution authorizing the issuance and sale of not more than $18,000,000 aggregate principal amount of Transient Room Tax and Sales Tax Revenue Refunding Bonds, Series 2021; authorizing and approving the execution of a General Indenture of Trust; A Supplemental Indenture, A Sales Tax interlocal Pledge and Loan Agreement, A Bond purchase Agreement, and other documents required in connection therewith; and related matters.
Item 4: Approval of minutes:
March 16, 2021
April 20, 2021
June 1, 2021
June 15, 2021
Item 5: Adjournment of RDA Meeting
See attached Agenda Packet for information and details
Recommended Action and/or Suggested Motion:
Recommendation
RDA Agenda Item 1: Motion to Recess the City Council Meeting and to Convene a meeting of the RDA
RDA Agenda Item 2: Motion to approve Resolution RD 21-05
RDA Agenda Item 3: Motion to approve Resolution RD 21-06
RDA Agenda Item 4: Motion to approve Minutes
RDA Agenda Item 5: Motion to adjourn the RDA meeting and to reconvene the City Council Meeting