Sandy council authorizes up to $18 million in refunding bonds and ends delegated authority of Alta Canyon district control board

Decisions at a glance

Agenda, item by item

1. Item 1 · Other

   Consent calendar: proclamations for Extra Mile Day and Lung Cancer Awareness Month

   Approved

   Approved by unanimous voice vote.

   Moved by Council Member Monica Zoltanski, seconded by Council Member Brooke Christensen

2. Item 3 · Budget

   Redevelopment Agency refunding bonds, Series 2021 (Resolution 21-38C)

   Approved

   The resolution authorizes a bond purchase agreement, a supplemental indenture of trust and a sales tax interlocal pledge and loan agreement between the city and the Redevelopment Agency for transient room tax and sales tax revenue refunding bonds, Series 2021, not to exceed $18,000,000. Finance staff introduced Jason Burningham of Lewis Young, who said the bonds would refund the 2007 soccer stadium bonds to save on debt payments, with a pledge of sales tax revenue if other revenues fall short. Steve Van Maren asked the council to keep the maximum interest rate as low as possible. The minutes notes do not record the tally.

   • Bond$18.0 million Not-to-exceed amount of RDA transient room tax and sales tax revenue refunding bonds, Series 2021, refunding the 2007 soccer stadium bonds. Paid from Agency transient room tax and sales tax revenue, with a city sales tax pledge

   Moved by Council Member Brooke Christensen, seconded by Council Member Monica Zoltanski

3. Item 5 · Budget

   Public hearing: FY 2022 budget carryover (Resolutions 21-35C, 21-36C, 21-37C and 21-39C)

   Approved · 7-0

   Per the minutes, finance recommended four resolutions: 21-35C for proprietary funds, 21-36C for capital projects funds and 21-37C for special revenue funds, each increasing appropriations and reappropriating unexpended funds, and 21-39C amending the fee schedule. The minutes notes give no amounts. Each passed 7-0.

   21-35C moved by Council Member Marci Houseman, seconded by Council Member Zach Robinson; 21-36C moved by Zach Robinson, seconded by Monica Zoltanski; 21-37C moved by Brooke Christensen, seconded by Zach Robinson; 21-39C moved by Monica Zoltanski, seconded by Marci Houseman. Vote: 7-0 on each resolution

4. Item 6 · Other

   Recess to Redevelopment Agency meeting

   Approved

   The council voted by unanimous voice vote to adjourn and convene the Redevelopment Agency board.

   Moved by Council Member Marci Houseman, seconded by Council Member Brooke Christensen

5. Item 7 · Parks

   Second reading: Resolution 21-34C, Alta Canyon Recreation Special Service District governance

   Approved

   Council Member Zach Robinson presented the resolution, which revokes all authority previously delegated to the district's Administrative Control Board effective Jan. 1, 2022. He thanked the board for its service, and council members expressed support for the Alta Canyon Recreation Center. No one spoke at the hearing. The council adopted the resolution; the minutes notes do not record the tally.

   Moved by Council Member Marci Houseman, seconded by Council Member Brooke Christensen

   Follow Alta Canyon Sports Center expansion in the development tracker →

What residents said

Indoor tennis and pickleball courtsBell Canyon Acres easementBond interest rates

Amelia Hohl and Linda Perry asked for indoor tennis courts at the Alta Canyon Recreation Center, and Perry also asked for indoor pickleball. Hohl asked to serve on the committee. Kathy Walker of Bell Canyon Acres raised an easement issue and asked for a city response to a letter.