[2:58] Oh, Derek.

[3:01] Hey, George, how are you today? Good. How much you? Excellent. It's a beautiful day. It's nice. Yeah.

[3:19] Are you up in Lovland or somewhere else? No, I'm actually down in the St. George area. Oh, really? Okay. We're as close to the action as I can get. It's not we went to Salt Lake. Yeah. Right.

[3:44] Hey, Betsy.

[3:46] Hey guys. Hey, Betsy.

[3:50] I just accidentally turned on my AI companion, but that's okay. It will help us take notice.

[4:00] I have not used those yet, so I might accidentally start some gate too.

[4:07] I get noticed when anybody else uses them.

[4:11] Let me see.

[4:15] Derek, are you still on Southern Utah?

[4:18] Yeah, I am awesome. I'm headed down there for a 30-year class reunion. Oh, wow. Tomorrow. That's epic. So that last conversation with Brendan has totally thrown me like I.

[4:36] Did you go to the ear books? You know what? They're down at my parents house. I'm totally going to look at them this weekend.

[4:43] because I think I remember him from 7th and 8th grade, but he would have been super shy if that's the.

[4:52] Yeah, yeah.

[4:55] Fun. Anyway, yeah, so I'm going to down your way this weekend.

[4:59] Well, good luck dusting off the yearbooks.

[5:03] Yeah, my kids will want to see him for sure.

[5:07] That'll be a fun trip.

[5:09] Let's see. Are we waiting on, let's see, there's Michael, Megan, well, I would imagine James is James,

[5:19] Harriet. I don't think so. And it looks like just Megan's note taker, actually. And there's James. Okay,

[5:29] good. Looks like we got everyone here. Are we waiting on anybody else?

[5:36] Okay. Well, I'll take the silence

[5:39] says I know okay

[5:43] and George it is recording right it is okay all right we'll

[5:48] go ahead and get started I have that it is 301 this is the North Point

[5:54] Infrastructure Financing District meeting at 3 o'clock on June 4th

[5:59] 2026 I'm at the anchor location 139 hunters Grove Lane and in Lehigh Utah and

[6:07] it looks like we do have a quorum present so we'll go ahead and call this

[6:11] meeting to order. And the first item, you guys can all see the agenda. I guess that's

[6:18] George, that's you sharing. So we'll go ahead and consider the agenda of today's meeting

[6:25] for approval. Any questions or can we go ahead and I'll entertain a motion to approve the

[6:33] agenda as presented?

[6:34] question

[6:41] to approve. Thanks. Will is there a second? You guys hear me? Yep. Yes. Okay. I'll second.

[6:50] Great. All in favor?

[6:53] Aye.

[6:57] Okay. We'll move on now to the conflict of interest disclosures.

[7:02] We do have your conflict of interest on file. Are there any additional conflicts anyone would like

[7:08] to disclose at this time?

[7:13] No. Okay. So noted, we'll move on then to the public comment portion of

[7:22] the meeting. I don't see any members of the public here at the office. Are there any members of

[7:29] the public? I don't see any on Zoom either. Let's see. No. So there being no members of the public here

[7:37] will move on then to the action items.

[7:42] The first item up for on the action items

[7:47] is the consideration of approval of minutes

[7:49] from the April 1st, 2026 meeting.

[7:53] The enclosure has the notes from those.

[7:56] Would you like us to scroll to those

[7:58] or otherwise I'll consider a motion to approve?

[8:04] motion to approve.

[8:07] Thanks, Megan, a second.

[8:12] Second.

[8:15] I couldn't see who that was. Who was that?

[8:17] Will. Thanks, Will. Yeah, maybe just to help with recording. If you could just say your name when

[8:25] you make a motion or when you second, I think that'd be best, but all in favor.

[8:31] Okay next we'll move on to the consideration of the adoption of the acceptance resolution

[8:39] and that's pursuant to the Infrastructure Acquisition and Reembursement Agreement with North

[8:47] Point Innovation LLC and I believe as part of that, we'll just start with the resolution. Are

[8:58] concerns in regards to any need for discussion in regards to the acceptance resolution,

[9:10] then

[9:12] I will consider a motion to approve or to adopt, approve the acceptance resolution.

[9:20] Megan motions to approve the acceptance resolution.

[9:24] Great.

[9:25] Is there a second?

[9:26] And we'll second.

[9:29] Thanks, James.

[9:31] And all in favor?

[9:35] Great. So noted, as part of that, there is the acceptance of the engineer's cost certification

[9:41] report. Michael, I should have probably turned it to you to step through it. But if you could

[9:50] briefly just step through your cost certification report, even though it's already been accepted,

[9:55] that'd be great, just for the record. Yeah, so our report covers expenditures that were paid for by

[10:02] the developer in the amount of $168,675.7 as well as costs that are going to be paid by the

[10:10] district in the amount of $510,785.90 for a grand total of $679,460.97. These costs were mostly

[10:25] for soft costs regarding planning for the district as well as some stockpiling of

[10:32] earthwork materials on site. Okay any questions for Michael and for me?

[10:42] Okay great

[10:43] and thanks for the all the hard work that went into getting that put together as

[10:48] As part of that, there is note within the resolution of the easement agreement, and there's been much talk behind the scenes.

[10:58] So here for consideration today is we'll consider approval of the easement agreement.

[11:05] And this is for the bridges, and this easement agreement is between, it says the North Point CLA, but it's actually between North Point innovation.

[11:20] LLC and the district. Any questions in regards to this

[11:27] easement agreement?

[11:30] No, and from me, James gave me a download of your conversation, Betsy, and I'm good on my end.

[11:37] Okay. Betsy, you mentioned that we could approve pending, you know, just, just review if that's an option we'd like to do that.

[11:48] Yeah, absolutely. We can, we can approve have this approved pending final legal review and I believe that be because there was a change because there is no, I keep wanting to say HOA but commercial ownership.

[12:10] Association at this point, it's still information that the landowner is still north point

[12:17] innovation LLC.

[12:20] That being said, I'll consider a motion, I'll entertain a motion to approve pending

[12:25] final legal approval.

[12:28] Megan motions to approve pending final legal approval.

[12:36] Okay,

[12:43] so noted we'll move on then we do have consideration of which will be obviously this is the operation and maintenance agreement for the bridge, the bridge is easement and obviously that will involve the

[13:02] the commercial operations association once it is formed in the district, but we can go

[13:11] ahead and have the district approve as to form at this point or also pending final legal

[13:17] considerations. Any questions regarding the O&M agreement?

[13:23] I don't have any questions, I think, on motion to approve pending legal review.

[13:27] Thank you. All right. Thanks, Megan. Is there a second?

[13:33] This is James. I second and all in favor.

[13:40] I create so noted. With that, we'll move on to item number five.

[13:46] That's just discussion items. I believe Emily has already sent out

[13:51] meeting invitations for the upcoming meetings.

[13:54] and those are scheduled as of now for July 29th and October 28th.

[14:03] Obviously, I think we have talked about a schedule of, I guess they'd be special meetings to approve costs

[14:12] and we've talked that through. So we'll meet sooner than that, obviously.

[14:18] Any other items up for discussion for today?

[14:23] We're calendaring items.

[14:25] And for me.

[14:28] Okay.

[14:30] As far as non-action items,

[14:33] just remember annual board training for the Open and Public Meetings Act.

[14:38] I don't have my spreadsheet open to see tracking,

[14:41] but I know Emily has been reaching out to folks to make sure we have those.

[14:44] just because the auditor does want to see that everybody's completed the training.

[14:50] Any questions with that?

[14:54] No.

[14:56] Okay.

[14:57] With that, I think we have our next regular...

[15:00] Any scheduled for July 29th? And if we need a meeting before then, then we'll get that on calendar. And do we have a meeting on calendar before then yet? Yeah, it should be for July 6th. I thought so. Sorry about that. I missed that. So that'll be for July 6th. And that's at 3pm as well. Right? Yes. Okay. Then we'll make sure we have an invite sent out for that.

[15:29] But with that, I will consider, unless there's any other items to discuss or any other questions,

[15:37] I'll consider a motion to adjourn.

[15:39] You bet, see?

[15:41] Yeah.

[15:41] Oh, sorry.

[15:42] No, you're good.

[15:43] It's just worth mentioning to stay on track with the payment of the vendors for this report,

[15:50] the cost certification.

[15:52] We just need to receive the signed copy of the resolution to complete that.

[15:58] as well as that final engineer certification from Michael. Once we have all those we can go ahead and get the final documents over to James for signature and then off to the trusty bank.

[16:09] So just to let you all know that. So Michael was the, let's see, was the form that you sent this morning not signed?

[16:18] No, the form that I sent this morning was up.

[16:24] I don't think I sent anything this morning.

[16:27] I still need to sign the form that Derek sent yesterday and I'll follow up with Brandon

[16:32] from our office to see where he's at on that.

[16:34] Okay, great.

[16:38] And okay, yeah, thank you, Derek.

[16:40] Anything else?

[16:44] That will look for a meeting packet to come from our office for electronic signatures that

[16:50] will most likely come from Emily, I think Sam is out. And now I'll entertain a motion

[16:57] to adjourn. This is Megan, motion to adjourn.

[17:03] As well, second. Alright, and I assume all in favor. Okay, alright, thanks everyone.

[17:13] If you have questions, just give us a call and look for that meeting packet.

[17:17] Thank you, everyone.

[17:20] Thanks.

[17:21] Bye.

[17:22] Bye.

Notice of June 4, 2026 Meeting and Agenda, Northpoint IFD

Transcript