[0:00] Okay, Travis says we're ready to go.
[0:01] Thank you everybody for joining us in
[0:03] Spanish Fork City Council meeting
[0:05] tonight, June 2nd, 2026. We appreciate
[0:08] everybody that's here in person and out
[0:11] in the lobby and on TV all over the
[0:13] world. Uh we'll get started like we
[0:15] always do in Spanish Fork with the
[0:17] prayer and the pledge. And uh tonight we
[0:20] have Councilwoman Beck offering the
[0:23] spiritual thought or prayer and then
[0:25] Councilman Marshall with the pledge.
[0:27] Councilwoman Beck. Thank you, mayor. Our
[0:30] dear father in heaven, we're very
[0:31] thankful to have the opportunity to
[0:33] gather here this this evening, and we're
[0:36] grateful for this beautiful community
[0:38] that we all have the chance to live and
[0:41] serve in. And we pray that that would
[0:42] watch over and protect us all
[0:43] continually. Bless our youth as they're
[0:45] out and about this summer to be safe.
[0:47] And please be with our first responders
[0:49] as they're serving and watching out for
[0:51] us. We pray that that would be with us
[0:53] this evening that we can make good
[0:54] decisions and be with us that we can
[0:59] make good choices, serve our neighbor,
[1:01] lift those who we are around and we say
[1:03] these things humbly in the name of thy
[1:04] son Jesus Christ. Amen.
[1:06] >> Amen.
[1:07] >> You all please rise and
[1:10] repeat after me. I pledge algiance to
[1:13] the flag of the United States of America
[1:16] and to the republic for which it stands.
[1:19] One nation under God, indivisible, with
[1:22] liberty and justice for all.
[1:25] >> Thank you.
[1:26] Councilwoman Beck and
[1:28] Councilman Marshall. Okay. Uh we have a
[1:30] couple of recognitions that would like
[1:33] to to start off with uh tonight's
[1:35] council meeting before we get to the
[1:36] business. Uh first, we have uh
[1:39] Councilman Tuk uh to introduce us to a
[1:42] great youth in our community. Councilman
[1:44] Tuk.
[1:45] >> Yes. Thank you, Mayor. Good evening,
[1:47] everyone. Good evening, Spanish Fork.
[1:48] So, uh, whenever we get the opportunity
[1:51] to recognize, um, folks doing good
[1:54] things in our town, we love to do that.
[1:56] And we have a really special situation
[1:58] where we wanted to recognize someone
[2:00] this evening. So, we have a Maple
[2:02] Mountain High School uh, student named
[2:05] Palmer Brandt. He's with us tonight with
[2:06] his family here in the back. And I'm
[2:07] going to say a couple things and then
[2:09] we'll um, we'll kind of go from there.
[2:11] But I just wanted to say this student is
[2:14] um is amazing and his accomplishments
[2:16] and especially when it comes to to uh
[2:19] orchestra band. And so I'd like to read
[2:22] a couple highlights that I've learned
[2:24] about him. Uh so much attention was
[2:26] brought to us about him and and what
[2:28] he's done, how amazing he is that um we
[2:31] wanted to share that with the community.
[2:32] So here are a couple highlights here. He
[2:34] was selected for uh the prestigious
[2:35] honor band of America, earned first
[2:37] chair uh baritone saxophone in the Utah
[2:40] Allstate wind symphony and a spot in the
[2:42] Utah Allstate Jazz Band. Uh and if I get
[2:45] these wrong, mom, please, you know,
[2:47] correct me. Uh also he composed and
[2:49] premiered an original tenor saxophone
[2:51] concierto with the Utah Valley Youth
[2:54] Symphony Orchestra and uh or organized
[2:57] and taught a jazz clinic for local
[2:59] junior high students. uh had artwork
[3:01] selected for the Utah All State Art Show
[3:03] and all the while maintained nearly a
[3:05] 4.0 GPA of 3.9. Those are just a couple
[3:08] of the amazing accomplishments that that
[3:09] Palmer has had. So, uh as recognition,
[3:13] we have this uh we have this plaque here
[3:16] and I'll just read it quickly and then
[3:17] we'll we'll get a picture and some
[3:19] things. But just so we all can hear what
[3:21] it says because this is incredible. So
[3:23] this says special recognition
[3:25] um proudly presented to Palmer Brandt uh
[3:28] Maple Mountain High School for his
[3:30] exceptional musical achievements
[3:31] including selection to the 2026 honor
[3:34] band of America, first chair of baritone
[3:35] saxophone and the all state wind
[3:37] symphony and baritone saxophone in the
[3:39] all-state jazz band. A dedicated student
[3:41] and mentor, he has led a clinic of
[3:43] fellow musicians and stands out as an
[3:45] outstanding representative of our
[3:47] community. And that's is signed by our
[3:49] mayor, Mayor Mendenhal. And so, uh, I
[3:52] say let's give him a little round of
[3:53] applause if we could.
[4:01] And before we if we could grab a picture
[4:03] in a minute, but um,
[4:05] Palmer and your mom, Cara, if you'd like
[4:07] to say a couple words, you're welcome
[4:08] to. If not, we can just jump right to a
[4:10] picture. We'd like to give you this
[4:11] though, Palmer. Um, to congratulate you.
[4:14] So, if you want to come on down, you can
[4:16] come together, whatever works best, and
[4:17] we'll we'll go from there. Sure.
[4:25] Yep.
[4:27] >> Right here.
[4:28] >> Yep. Right there. Yep. Right here.
[4:30] >> Well, yeah. There we go.
[4:32] >> Okay. You didn't bring your instrument
[4:34] with you, Palmer. [laughter]
[4:35] >> Okay.
[4:37] >> Yeah, for sure.
[4:37] >> Probably been more comfortable.
[4:41] >> Well, very cool. What a what a what a
[4:42] great accomplishment. What What year are
[4:44] you at Maple Mountain High School? Is
[4:46] this your senior year? Uh yes, I'm going
[4:48] into my senior year.
[4:49] >> Okay. What's plans after [snorts] after
[4:51] you uh after you next year when you
[4:54] graduate after next year?
[4:55] >> Um I'll be studying saxophone
[4:57] performance at either BYU or
[5:02] >> Okay.
[5:03] >> And
[5:05] not sure. I'm considering a double
[5:08] major, but I'm not sure in what yet.
[5:11] >> Cool. Very cool.
[5:12] >> Very cool. And is there any other
[5:13] musical talent in your family or did you
[5:15] just suck it all out of your family and
[5:18] kept it for yourself?
[5:19] >> Both of my parents sing and my dad is he actually teaches voice at BYU.
[5:25] >> Oh,
[5:26] >> and both my parents actually went to BYU
[5:29] for classical voice.
[5:31] >> Very cool.
[5:32] >> And also my brother plays saxophone and
[5:37] my other brother Adam, he plays guitar.
[5:41] >> Pretty cool. You have a loud household.
[5:43] [laughter]
[5:45] >> That's very cool.
[5:45] >> That's awesome.
[5:46] >> It's not quiet, but uh those are cool
[5:48] instruments and and put them with good
[5:50] voices like that. I'll bet it's a I'll
[5:52] bet Councilman Tuk probably walks the
[5:54] east side looking for their home to Yes.
[5:56] Listen to what's going on.
[5:57] >> We live close.
[5:58] >> We're lucky. Yeah, we do live close. So,
[6:01] >> well, congratulations. Um let let me
[6:04] give this to you, Palmer, and then can
[6:05] we get a picture with you? Just wanted
[6:07] to say really quick thank you to our
[6:09] band director [clears throat] M. McKay
[6:11] Osborne who's amazing and his private
[6:13] teacher Ray Smith.
[6:15] >> Oh, very cool. Very cool. Palmer, come
[6:17] right up here. And uh manager parents,
[6:22] >> congratulations.
[6:25] » Thanks for coming. Nice to meet you.
[6:27] He's going to take our picture right
[6:28] here while you stand in front of us.
[6:34] Do you want the straggler back there?
[6:36] >> Yeah, we Yeah.
[6:37] >> Get the whole family.
[6:38] and then we'll do
[6:39] one by himself, too. Yep. Come on,
[6:41] Matthew. Let's go, buddy.
[6:44] [laughter]
[6:45] >> I don't blame you.
[6:47] >> I don't want to. All right, we're gonna
[6:51] go one, two, and three.
[6:57] And then
[6:59] one, two,
[7:01] and three. Perfect.
[7:04] >> All right. One. One. One with Palmer
[7:06] alone.
[7:08] >> Zoom in a little tight then.
[7:12] No, we won't. Palmer. Uh, scoot over
[7:14] just a little bit. You're block. There
[7:15] we go.
[7:16] >> It's better if you block someone.
[7:20] » Got it.
[7:21] >> Congratulations.
[7:24] Appreciate it. Very
[7:32] cool stuff to represent your high school
[7:35] and your city on on a national level.
[7:37] That's that's very cool. Keep uh keep it
[7:39] up and keep it going. We appreciate good kids doing good things.
[7:45] Okay. Uh we have another recognition uh
[7:47] tonight as well from uh the other high
[7:50] school in town from Spanish Fork uh high
[7:53] school and the boys baseball team. I
[7:55] think I see coach right there in the
[7:56] back. Um, this is this is getting to be
[8:00] a a regular thing here uh year after
[8:04] year and it's it's it's a highly
[8:06] irregular thing to to be able to win the
[8:09] state championship. But we'd like to to
[8:11] have uh have coach come up and and uh
[8:14] tell us a little bit about the about the
[8:17] team and and about what they've uh
[8:19] accomplished here. Um it's uh it's quite
[8:22] the thing to to have uh this going on
[8:26] and uh and do it again.
[8:28] >> Yeah. Well, thanks for having us. Um
[8:30] yeah, the season was a little bit
[8:32] different than last year. Luckily, we
[8:34] were able to get to the same point as
[8:35] the state champions, but um so last year
[8:38] we came in as a very young, unproven
[8:41] team. And this year, after winning it
[8:43] last year, we came in with all the
[8:44] expectations of returning basically our
[8:47] whole starting team. and we were able to
[8:48] go come out as the preseason favorite
[8:50] and carry that all the way all the way
[8:52] through the season and end up winning
[8:53] the state championship again this year.
[8:55] So, it was an awesome awesome ride and
[8:57] an awesome season with the B group of
[8:59] great kids.
[9:00] >> I think that's a point that uh I've
[9:02] heard talked about quite a bit that the
[9:04] tale of two years the year before I
[9:07] think your final game you won just put
[9:09] you over 500 for the season.
[9:11] >> Yep. One game over 500. That's what we
[9:12] were joking. No better way to get over
[9:14] 500 to win the win the championship. So,
[9:17] >> and now this year it was uh you had the
[9:19] target on your back from the beginning,
[9:21] right? Yeah. Were you going to
[9:22] >> Yeah, it was kind of a totally different
[9:24] uh state tournament with all the
[9:25] expectations coming in and just the kind
[9:28] of the I think I speak for the group
[9:29] here just the kind of the stress it
[9:31] carried carrying the one seed
[9:32] throughout. But last year was just all
[9:34] emotions riding on the the hive, the the
[9:37] roll we were on and then this year we
[9:39] come in with all the expectations
[9:40] getting every team's best shot. So,
[9:42] yeah, it was kind of a a tale of two
[9:44] seasons like you said. Coach Thorp, you
[9:47] played uh you were a Dawn in what year?
[9:49] >> In 2009.
[9:51] >> And that's a lot uh sooner than coach
[9:54] Dart was a dawn, right? [laughter]
[9:56] >> Quite a bit. Um grandpa.
[10:00] >> Okay.
[10:01] >> Yeah. One of our coaches always jokes
[10:03] that he's he's the adult in the room, so
[10:05] [laughter] the adult.
[10:06] >> He was the adult.
[10:08] >> Coach Dardis.
[10:09] >> Yeah.
[10:11] >> Scary.
[10:13] [laughter]
[10:15] So maybe Councilman Rod Dart was the
[10:17] great grandpa of the of the of the
[10:19] school.
[10:20] >> That's that's one of the great things
[10:21] about being a part of Spanish Fork
[10:22] Baseball is just the community support
[10:24] we get. So we we thank all the community
[10:26] for showing up. We we pack UVU every
[10:28] time we do that. So that's that's what
[10:30] means a lot just playing being a part of
[10:32] Spanish Fork Baseball is just the
[10:33] awesome community that comes with it.
[10:35] >> Tell us about obviously the the news
[10:37] coverage of it the the day and the
[10:39] couple days after. Uh it was pretty hot
[10:41] and hot hot and heavy on on recognizing
[10:43] you guys. So we're grateful to let that
[10:45] dust settle and then you guys come in
[10:46] here and and get recognized here. But uh
[10:50] what what what's it like playing, you
[10:52] know, I guess what what we can call a an
[10:55] in city rivalry. I mean, you and you and
[10:58] the the Maple Mountain uh uh Eagles are at the the top, it seems like quite
[11:04] a bit now, but obviously those kids
[11:07] probably know quite a bit about each
[11:08] other and know each other and probably
[11:10] played together in in years past.
[11:11] >> For sure. Yeah. A lot of our guys play
[11:13] together throughout all the summer, so
[11:15] there's a there's a friendly rivalry
[11:16] there. We we joked with Coach Thomas
[11:19] over at Maple Mountain that of course of
[11:20] course all roads were going to lead to
[11:22] us playing in the state championship. It
[11:24] was funny. Some people were talking
[11:25] about maybe the state tournament doesn't
[11:26] run through Spanish Fork, but then it
[11:28] ended up both both schools from Spanish
[11:29] Fork being there. [laughter] So, it was kind of a a good ending to the
[11:34] season.
[11:34] >> Yeah. Yeah. That's cool.
[11:36] >> If I may, I'm going to put you maybe a
[11:38] little bit on the spot, coach, but I I
[11:40] understand that in some of the postgame
[11:42] conversations that you had with some of
[11:43] the coaches of some of the teams that
[11:45] you played that there was a new school
[11:47] played really well and they had some
[11:49] really high praise for you in terms of
[11:51] what it meant for them to play like you
[11:52] and and some of their aspirations. Yeah.
[11:54] So, what are you comfortable sharing?
[11:55] The head coach at Westfield just came up
[11:57] and had nothing but great things and
[11:59] that like we have nothing but respect
[12:01] for that program. We got a big lead
[12:03] multiple times and just couldn't put
[12:04] them away. They were just a tough
[12:05] resilient group of kids. But yeah, their head coach as we were going
[12:09] through the line, he just said what an honor it is to play Spanish Fork
[12:12] baseball and just just that's where we
[12:15] want to be as a program. So, it's just
[12:17] super high praise. That's the best thing
[12:18] another coach or another program could
[12:20] say about you is how much they want.
[12:21] They they look up to us as a program and
[12:23] wanted just that they respected how we
[12:25] went about our business. And so it was
[12:28] really awesome for him to say that
[12:29] through in in that moment.
[12:30] >> Thank you.
[12:31] >> I got to be honest when we heard that
[12:33] and people kept saying, "Well, we're
[12:35] playing Westfield. We're playing
[12:36] Westfield again." Are we sure it's
[12:37] Westfield? Not West Lake, not West, not
[12:40] like it up to like where is
[12:42] >> we had to pull up a map, see where they
[12:44] were located. [laughter] But yeah,
[12:45] nothing but respect for those guys. They
[12:46] were an awesome team.
[12:48] >> Yeah. Yeah. Anybody else have questions
[12:50] for
[12:51] >> for coach or any
[12:53] >> I would just say congratulations. Um
[12:56] long tradition of success whether it's
[13:00] academic
[13:02] sports or musician. I mean it's to be
[13:05] here in amongst all of the success that
[13:08] we've had as a community. Um even if it
[13:11] happens to be Eagle Mountain or Maple
[13:13] Mountain. Um, no, there it is is cool to
[13:17] have that type of competitiveness and
[13:20] success by both schools in our community
[13:22] and I appreciate it. The the tell of two
[13:25] seasons I had I went through a similar
[13:26] thing in 1988 we won. Um, maybe we
[13:30] shouldn't have the next year we should
[13:32] for sure should have. 89 should have
[13:34] been the year and we lost. We took like
[13:37] third. Um, but
[13:40] what I love about the program is that it
[13:44] creates good young people that are
[13:47] members of our community,
[13:49] >> right? And you don't have to win the
[13:51] state championship to do it. You just
[13:53] have to be part of the team and be um a
[13:55] good member of the team, right, to build
[13:58] that success. I certainly wouldn't be
[13:59] sitting here if I was not a member of
[14:01] the baseball team and we didn't win. Um,
[14:03] so it's I appreciate your effort, all of
[14:06] you kids. kids. It's It's I'm a grandpa
[14:09] now. I can say that stuff. I feel like
[14:11] Rod Dart up here. [laughter]
[14:14] But it's to be a member of that that
[14:16] unit and coming to compete every day um
[14:19] and putting yourself out there is is
[14:21] pretty cool. Win or lose, you're going
[14:23] to be better for the for the
[14:25] opportunity. So, thank you, coach.
[14:26] Appreciate.
[14:26] >> Thank you. We appreciate that.
[14:28] >> How do you balance that, coach? with
[14:30] kids, they they must know that they're
[14:33] playing it long enough, but they must
[14:34] know they've signed up to play a game of
[14:36] failure where like, hey, if you're
[14:38] hitting three out of 10, you're you're
[14:39] at the top of the top and stuff like
[14:41] that. How do you how do you keep kids
[14:42] motivated and and and looking looking
[14:45] towards a long path of a game of
[14:47] failure?
[14:47] >> Yeah, luckily luckily for us, we get to
[14:50] coach the greatest group of kids around.
[14:51] Um, I think there's for us, it's not a
[14:54] ton of motivation just because they're
[14:55] so self motivated and work so hard at
[14:58] the at the game of baseball. So, it
[14:59] makes makes our job easy as far as that.
[15:01] I mean, I could draw out of a hat and
[15:03] pick nine guys and we'd be very
[15:04] successful because of the work that
[15:06] those guys put in. So, yeah, all all the
[15:08] credit goes out to those kids and the
[15:10] assistant coaches that put in countless
[15:12] hours of basically free labor, but I
[15:14] know how much they [clears throat] love
[15:15] it. So, they they love being there and
[15:17] being with the kids. So, just a
[15:19] testament to how tough, resilient,
[15:21] hardworking our kids are. And it's it's
[15:23] [clears throat] amazing the way that you
[15:25] just presented that though because you
[15:26] watch the state tournament and you watch
[15:28] every game when you guys would come from
[15:29] behind and hit the walk-off. It the
[15:32] team's composure during those moments
[15:34] were was incredible because it was like
[15:35] oh we're never out of this. We got this.
[15:37] Like I don't was it I don't remember
[15:38] that what game it was. It was sent going
[15:40] to the championship and I don't know if
[15:41] it was was it was it against um
[15:43] >> Westfield?
[15:44] >> Yeah, Westfield. That first pitch that line driving I think I sent the
[15:48] video to mayor. I'm like there was no
[15:49] doubt it was happening right. It was it
[15:51] was just such a cool experience and it's
[15:53] great for us as a community to be a part
[15:55] of it. So, thank you for letting us be a
[15:57] part of your guys' moment.
[15:58] >> Yeah.
[15:59] K kudos to your coaching staff,
[16:01] too. I thought it was really cool how
[16:03] final game you got a comfortable lead
[16:06] and you give a senior an opportunity to
[16:09] close that out. And
[16:10] >> that that was I will say that was kind
[16:13] of misconstrued. He was just a junior
[16:14] that came back in. Yeah. Okay.
[16:16] >> He had he had a tough spot earlier in
[16:18] the in the state tournament and Nixon
[16:20] was kind of our leader all year. So, it
[16:21] was it was nice to have him come in and
[16:23] get that last out.
[16:23] >> I thought that was pretty cool that you
[16:25] did that.
[16:27] >> Well, congratulations.
[16:28] >> Thank you so much.
[16:29] >> Well done,
[16:30] >> Coach Thorp. Thanks for leading the Dons
[16:32] again and and we're super proud of you.
[16:34] We'd uh we we hope I hope there's
[16:37] another baseball that somebody gets for
[16:39] me signed so we can put it in the
[16:41] mayor's office. But you kids should all
[16:43] know that uh that's that's the game in
[16:45] the mayor's office. Anybody that comes
[16:46] visits uh gets to see some some cool
[16:49] pictures of of cool kids doing good
[16:51] things and you guys are are in there
[16:54] once and now being in there twice is uh
[16:56] is pretty cool too. So thank you guys
[16:58] for for not only playing hard uh you
[17:02] know doing your doing your job but
[17:03] representing your city well too uh on
[17:05] and off the field. That's that's an
[17:07] important part. But I know that the
[17:08] coaches stress that too of of uh being
[17:11] good on the field and being good kids
[17:12] off the field.
[17:13] >> For sure.
[17:13] >> Y
[17:14] >> if you come up and get a picture, we'd
[17:16] love to give you a round of applause and
[17:17] a picture if that's all right. Guys,
[17:26] after this picture, if you start with
[17:28] the if you'll start with the chief over
[17:29] there and shake the chief's hand and
[17:31] then come all the way around. We like
[17:33] the youth to know who the police chief
[17:35] is and the city attorney is. So that's
[17:39] where you start.
[17:43] » I'm just going to
[17:46] squeeze it in.
[17:50] » Yeah.
[17:52] >> Wait a second.
[17:57] » Just lay out in front.
[18:06] Seth, just get out of the way and let
[18:07] the photographer do it.
[18:09] >> I don't know.
[18:15] » Thought Seth wasn't that
[18:18] >> gonna work. All right. One, two.
[18:26] » There you go. One, two, three.
[18:31] » More.
[18:36] » That's good.
[18:38] >> Yeah. Very good.
[18:39] >> Start over there with the chief right
[18:41] there.
[18:44] >> Coaches, too.
[18:46] >> 2009.
[18:49] >> Congratulations, coach.
[18:51] >> Congratulations.
[18:52] >> Thank you, brother.
[18:55] >> Congrats.
[18:58] walked past me.
[18:59] >> Way to go.
[19:02] Congrats. Congratulations, young man.
[19:04] What's your name, brother?
[19:09] Congratulations.
[19:11] >> Yeah, we're good.
[19:13] >> Dylan, congratulations. Chambers.
[19:15] >> All right. Congratulations.
[19:19] » Sam,
[19:24] what's your name? Congratulations.
[19:29] » Congratulations.
[19:30] >> Thank you.
[19:33] » Thanks for being here tonight.
[19:35] >> Good to see you.
[19:37] >> Nice job, guys.
[19:38] >> Hey, coach. Before they before they
[19:40] leave,
[19:41] >> let's One thing that we've usually done
[19:43] is have them come up and say their name.
[19:45] So, it's just uh the city and and uh
[19:47] let's say their name, what year they
[19:50] are, and uh their parents because the
[19:53] parents are part of uh kids to this
[19:55] point, too. Once you're done with that,
[19:57] you can
[19:58] >> you're free. You're free.
[20:00] >> Pull pull the mic up.
[20:02] >> What do I say again? I don't remember.
[20:04] >> Your name, what year you are in school,
[20:06] and your parents.
[20:08] >> All right. Um my name is Kingston
[20:10] Johnson, and I'm a class of 2029. And my dad's name is Jason Johnson and my
[20:16] mom's name is Lesie Johnson.
[20:18] >> All right, perfect.
[20:19] >> Well done.
[20:20] >> Thank you. You did it.
[20:21] >> So, class of 29. Is that freshman?
[20:23] >> I don't know.
[20:24] >> I'm Tape Wahberger. I'm a class of 2028
[20:27] and my mom is Lisa Wahberger and my dad
[20:29] is Mike Wahberger.
[20:30] >> Yeah.
[20:30] >> Thank you guys.
[20:31] >> They help horses.
[20:33] >> I'm Trac. I'm 2029 and my parents are
[20:37] Josh and Melanie Orton. Perfect.
[20:40] >> Um I'm Talon Nelson. and I'm a class
[20:42] 2029 and my parents are Heather and
[20:44] Tyler Nelson.
[20:46] >> I'm Nolan Hickman. I'm a class of 2028
[20:49] and my parents are Ryan and Nicole
[20:51] Hickman.
[20:53] >> I'm Sammy Dart. My parents are Kyle and
[20:56] Ally Dart. And I just finished junior
[20:58] year, so 2027.
[21:01] >> Uh my name is Cohen Nelson. I'm a class
[21:03] of 2028. My mom and dad are Tyler and
[21:04] Heather Nelson.
[21:05] >> Cohen, wait. What was one of your
[21:08] favorite parts of this whole experience?
[21:10] Um,
[21:12] I'd probably say the Westfield game
[21:15] three,
[21:16] >> the come uh come from the dinger.
[21:19] >> Yeah, that was sweet.
[21:20] >> Sweet.
[21:22] >> Um, Dylan Chambers. I'm a class of 2028.
[21:24] My parents are Ryan and Bethany
[21:26] Chambers.
[21:28] >> Matai Johnson. I am a senior. I just
[21:31] graduated. And my parents are Lesie and
[21:33] Jason Johnson.
[21:34] >> Now, they didn't have a speed they
[21:36] didn't have a speed gun at that game,
[21:37] but you're one of the pitchers, too,
[21:39] right?
[21:40] a few pictures here. What are they? I
[21:43] mean, some of these pictures are in the
[21:44] 90s, right?
[21:47] >> I don't know where they came from, but
[21:48] we'll take them.
[21:48] >> We'll take them. Yeah. [laughter]
[21:50] I couldn't see the ball.
[21:52] >> You couldn't see them?
[21:52] >> Yeah. That's incredible. That's awesome.
[21:56] >> I'm Cody Mlan. I'm a class of 2028. And
[21:59] my parents are Mike and Lindsay Mlan.
[22:04] » I'm T Cloud. I'm a class of 2028. And my
[22:06] parents are Amberly and Casey Clard. We
[22:09] good.
[22:11] >> My name is Tillen Scott. I'm the class
[22:13] of 2028 and my parents are Matt and
[22:15] Brandy Scott.
[22:18] >> Hi, I'm E Smith. I am a class of 2028.
[22:21] My parents are Jeff and Marlo Smith.
[22:24] >> My name is H Freeland. I'm a class of 27
[22:27] and my parents are Lacy and Jake
[22:28] Freeland.
[22:29] >> Perfect.
[22:32] >> Young.
[22:32] >> In case you didn't notice, that's a lot
[22:34] of 28s and 29s. The Dons will be good
[22:37] for a bit here.
[22:39] >> We're looking forward to next season.
[22:41] >> Yeah. Yeah.
[22:42] >> No pressure.
[22:44] >> Coach Dart, anything you want to say?
[22:46] Ally, anything you want to say? You're
[22:47] here.
[22:50] » Appreciate the community support.
[22:53] >> Come on up to the mic. You got to come
[22:54] up.
[22:54] >> Come up to the mic. Grandpa,
[22:57] >> old man. What was he?
[22:58] >> The adult.
[22:59] >> He's the adult in the room. from almost
[23:01] every team we played. Our crowd was the
[23:04] envy of every team. Uh they just were
[23:06] amazed at the turnout that we get. And
[23:09] so it really does mean something to to
[23:11] have the community support we have. And
[23:14] when we when the kids win it, we're dog
[23:17] piling. The very first thing they say is
[23:18] someone get the fire trucks ready. And
[23:20] for the city to do that for us and to
[23:22] have the support um see the people on
[23:24] Main Street and stuff is really an
[23:26] awesome thing. It makes it even more
[23:28] special to win a state championship in
[23:30] Spanish Fork. I I believe that that it's
[23:32] more special here than any other place.
[23:34] So, we appreciate all the community
[23:35] support. These kids are tough and
[23:37] they're really good and it's been
[23:38] awesome to be part of it. So, thank you
[23:40] guys very much for having us.
[23:42] >> Thanks, coach.
[23:43] >> Congrats you guys.
[23:44] >> One more round of applause. Thank you
[23:46] guys.
[23:52] » Very good.
[23:54] >> Thanks, coach.
[23:55] Mayor, if you get the ball, do I get the
[23:57] saxophone?
[23:59] >> That's true. That's true. There's cool.
[24:01] Yeah, I already got a ball. I'll take
[24:02] the saxophone.
[24:04] >> No,
[24:06] >> I want the sacks.
[24:08] >> I don't know what to do with the ball.
[24:10] >> Yeah,
[24:11] >> you know what to do with this.
[24:12] >> Baseballs and softballs and soccer balls
[24:14] and volleyballs, all signed by state
[24:17] champions
[24:18] >> in the mayor's office. So,
[24:20] >> it's pretty It's been quite the
[24:22] >> state championship run from two high
[24:24] schools in the last four years and uh be
[24:28] excited.
[24:28] >> What does a wrestler sign? I'm just
[24:30] wondering.
[24:30] >> Singlet,
[24:31] >> but he doesn't get a singlet. No.
[24:33] >> What did they Maybe there's Is there
[24:35] headgear in there? I don't know. Maybe
[24:36] there's
[24:38] >> Yeah. What did they sign? What did they
[24:39] get?
[24:39] >> Sign the mouth gear.
[24:41] >> No, we just got a picture of the
[24:42] wrestlers. We didn't
[24:43] >> tell you.
[24:44] >> Yep.
[24:45] >> But very good stuff. Thank you guys.
[24:47] Thank you. Thank you, Spanish Fork
[24:49] again. And I hope uh I hope parents and uh and the citizens at large get to
[24:55] see recognitions like that and uh both
[24:58] what Councilman Marshall touched on both
[25:00] sides of of greatness from our our city
[25:03] in the arts and in the sports. So very
[25:05] cool stuff. Okay. Um takes us uh to the
[25:09] public comments section uh of our
[25:11] agenda. Anybody from the public that
[25:13] would like to address uh the mayor and
[25:16] council, feel free to do so now. Jack or
[25:19] Jordan, excuse me. We'll be keeping our
[25:21] clock up there. We'll try to keep it at
[25:22] three minutes if possible. But any
[25:24] questions or comments to the mayor and
[25:26] council. Uh this is the public comment
[25:28] section where you can come up and
[25:29] address us for three minutes if you can
[25:31] keep it to it.
[25:35] Looks like no takers tonight. So we'll
[25:37] move on from public comments and we'll
[25:39] move to council comments. We'll start
[25:40] with Councilman Oiler, work our way that
[25:42] way and end with Councilwoman Beck if
[25:44] that's okay.
[25:45] >> Thank you, Mayor. I don't have anything
[25:46] tonight.
[25:47] >> Okay. Councilman Carden,
[25:49] >> just uh two things. Uh the youth arts
[25:51] festival is going on right now at Maple
[25:53] Mountain High School. So, they've
[25:54] invited us as council and mayor if we
[25:56] have the time to go and check that out.
[25:58] It's usually from about 9 till about 2.
[26:00] Um reach out to Whitney or Emily and
[26:02] they can get you in. The other thing I
[26:03] just wanted to say thank you to the
[26:04] veterans and I know we'll probably will
[26:07] talk about it, but thanks for the
[26:08] Memorial Day celebration and
[26:09] specifically um Bronco. Make sure the
[26:11] staff at the cemetery know how what a
[26:13] good job they do of making sure that
[26:14] cemetery looks pristine coming into it.
[26:16] visited a couple other cemeteries and
[26:18] they did not look the same. So, thank
[26:19] you for all the work that they do.
[26:21] That's all I got. Mayor,
[26:22] >> very good. Thank you, Councilman Cardon.
[26:24] Councilman Tuk.
[26:24] >> Thank you, Mayor. I do have a couple
[26:26] items, but before I I go, I'd like to
[26:28] give some time to our Chamber of
[26:29] Commerce President, Kathleen Levit.
[26:31] >> Thank you so much. Just a few quick
[26:33] things to share. Um, I wanted to share
[26:36] our business of the month for this month
[26:38] is Nothing But Cakes. I'm sure you
[26:40] remember they came a few months ago and
[26:42] brought cake for everyone. They've
[26:44] actually been doing that. I think you
[26:46] missed, but [laughter]
[26:48] it was a good time. They've actually um
[26:50] they're under new ownership and those
[26:53] new owners hit the ground running. It's
[26:55] a young uh brother and sister and they
[26:59] just really showed I think the community
[27:02] how it's done to get their name out
[27:03] there in the community, how to showcase
[27:05] their product and lead with generosity.
[27:07] And so they've been sending they've been
[27:09] bringing cake to lots of other
[27:10] businesses and schools and making
[27:13] connections in the community. So, we're
[27:15] really proud to celebrate them as our
[27:17] business of the month. Um, and then
[27:19] upcoming our women in business is next
[27:21] week on June 10th at 10 o'clock in the
[27:24] morning. Uh, we're going to be playing
[27:26] bingo with the residents of the Legacy
[27:28] House. So, please join us for that. If
[27:32] you're a woman in business, if you are a
[27:35] woman thinking about getting into
[27:37] business, if you support women in
[27:38] business, please join us for Women in
[27:40] Business. um because it's a it's a
[27:43] beautiful thing that's developing here.
[27:45] And then new networking is June 18th
[27:48] hosted at the Hampton Inn. We're having
[27:51] Jersey mics for lunch. And then we're
[27:53] hearing from Spanish Fork's very own
[27:55] Trevor Sperry um in from the emergency
[27:58] preparedness program. So we're looking
[28:00] forward to hearing from him. And that's
[28:02] all I've got for you guys.
[28:03] >> Thank you, Kathleen. Thank you,
[28:05] >> Kathleen. And thanks for all you do to
[28:06] keep our business community strong and
[28:07] healthy. Appreciate it. Just a couple
[28:09] items, Mayor. So, um, and I may there
[28:11] may be a picture, too, Jordan. If you
[28:12] can get those, great. If not,
[28:15] okay, no, no worries. So, just two two
[28:17] items to report on. We recently had, uh,
[28:20] the mini and junior and then also the
[28:22] pre-teen and teen little Miss Spanish
[28:24] Fork pageantss. And, uh, those were
[28:27] exciting for a lot of young women in our
[28:29] community. And, um, my youngest daughter
[28:33] actually competed in the the pre-teen
[28:35] competition. and and I've never had a
[28:36] daughter do that and kind of didn't know
[28:38] it was for us but it clearly was and so
[28:40] we prepared and did it and it was a fun
[28:42] experience to see it on this other side
[28:44] of competing and she had a wonderful
[28:46] experience and so um anyway great
[28:49] outcomes though for for so many of like
[28:51] I said of our young women in the
[28:53] community uh in addition to those
[28:55] pageantss um I just wanted to say kudos
[28:58] to parks and recreation I know Bronco
[28:59] Menal's here uh and Dell as well and and
[29:02] Nick for the city grand opening of the
[29:04] outdoor portion on Memorial Day. It was
[29:06] fun to go stop in. Um and uh my oldest
[29:10] daughter actually is a lifeguard and so
[29:12] I took a picture with her and she didn't
[29:13] want to get a picture of me and she was
[29:15] lifeguarding trying to work. Dad, don't
[29:17] bother me. And so anyway, um maybe I'll
[29:20] show you next time. But uh anyway, just
[29:23] that that's all I've got. Come here.
[29:25] >> Thank you, Councilman Tuk. Councilman
[29:27] Marshall.
[29:28] >> Councilman Tuk, your daughter's been
[29:29] waiting years for her to say, "Please,
[29:31] Dad, leave me alone." And she had an
[29:33] opportunity, right? legit. Um I went
[29:37] [clears throat] to the South Valley
[29:37] Solid Waste District meeting last week.
[29:40] Um we passed our tenative budget, so
[29:42] we're all good there. Um one thing that
[29:43] the city ought to be aware of and the
[29:45] citizens as well is that if the gas
[29:47] prices continue to be as high as they
[29:49] are, um due to poor leadership in the
[29:51] White House, um there could be a search
[29:54] charge on our our loads coming up. So
[29:57] the budget may adjust as we move forward
[30:00] depending on the what the fuel charge
[30:01] is. Um,
[30:03] I think that's about it. One thing I
[30:05] went to, I missed the memorial thing.
[30:07] How did the memorial um thing look? Was
[30:09] did it look good?
[30:10] >> Looks good.
[30:11] >> That's awesome. I I appreciate the city
[30:13] taking some ownership up there. I know
[30:14] this the Veterans Council does as well.
[30:17] Um, our our plane got delayed or I'd
[30:20] have been there. That was one of the
[30:20] things I wanted to get to this year
[30:22] pretty bad. So, I appreciate everyone
[30:23] being there um representing the city. I
[30:25] know the veterans really appreciate you
[30:27] guys attending that. So, thank you very
[30:28] much.
[30:30] >> Thank you, Councilman Marshall.
[30:31] Councilwoman Beck.
[30:32] >> Yeah, the Memorial Day program is
[30:34] definitely one of the highlights of the
[30:35] year. Um, I think the only thing I'd
[30:37] like to Well, two things. Yard of the
[30:39] week is up and going, so you can hop on
[30:41] the city's website to nom nominate a
[30:43] yard. And the summer reading program is
[30:46] also in full swing from kids, teens, and
[30:49] adults. You can come to the library or
[30:51] um call them and and get signed up. So,
[30:53] they have lots of fun prizes throughout
[30:56] the entire summer, and then they'll have
[30:57] a year-end summer reading program in
[30:59] August. That's all I have.
[31:01] >> Perfect. Thank you, Councilwoman Beck.
[31:03] Yeah, it's already been said uh the
[31:04] Memorial uh day celebration um uh I
[31:09] don't know how far again Garrett
[31:10] Johnston is [clears throat] from you
[31:13] guys. Pretty close
[31:13] >> that for me.
[31:14] >> Okay.
[31:14] >> Carrie's age.
[31:15] >> Um
[31:17] traveled up from St. George uh to to to
[31:20] give the the keynote part of that. Very
[31:23] good. um very if if you had the chance
[31:26] to see it, I know um I know you guys
[31:28] were there and uh but there were um I
[31:32] think SFCN was there and and got some
[31:35] footage uh as well, but um some some
[31:39] poignant uh remarks from somebody that's
[31:42] not too far removed from um from, you
[31:46] know, from active duty uh in in our
[31:48] military. and and I think uh a lot of
[31:50] people came up to me after and uh said
[31:52] that it's it's really good every year.
[31:54] But thank you Garrett Johnston. I can't
[31:57] remember what rank you are. You're a lot in the
[32:00] >> Sergeant Major.
[32:00] Is that what it is?
[32:02] Okay.
[32:03] >> Chief, you know I mess you know I mess
[32:05] that stuff up all the time. So I just
[32:07] don't
[32:08] >> Okay. All right. So you know uh
[32:11] currently serving in a police department
[32:14] >> in St. George. Okay. So very good. Um,
[32:17] thank you for for coming up and and
[32:19] thanks for uh again the public coming
[32:20] out and and and again making your
[32:22] community feel small uh in in the way of being together. Uh and then heading
[32:27] over to the the Fit City uh as already
[32:30] been said. Sorry the weather didn't
[32:31] quite cooperate uh for for a bit there
[32:34] though. It was really nice and and uh
[32:36] and fun and and I know boy the days
[32:38] since then Bronco have just looked like
[32:40] they're packed. Uh so good luck.
[32:43] summer's here and uh and so kudos to
[32:48] that staff working on the fly and trying
[32:50] to trying to make sure everything's good
[32:52] and and Nick and and you and everybody
[32:54] taking care of us and being safe, too.
[32:56] So, appreciate that. Um yeah, uh lastly,
[33:01] um geez, I had something else uh that
[33:04] was really profound. Oh,
[33:07] >> um not that profound. Simply [laughter]
[33:10] >> you set yourself up.
[33:11] >> Yes. Yeah. Sorry, guys. mean the pause
[33:13] there. Uh but just driving around town,
[33:15] seeing a lot of, you know, now we're
[33:16] into summer and it seems like
[33:17] construction starts like that. Um
[33:20] there's a lot of construction projects
[33:21] happening around the city. A lot of cool
[33:23] ones that that, you know, we we tend to
[33:26] let other companies kind of do their
[33:28] announcements when it, you know, when
[33:30] it's time. So, just know there's a lot
[33:31] of cool things happening in the city uh
[33:34] at all different parts of town that
[33:35] you'll start to see signage of and and
[33:37] everything else of great companies uh
[33:39] landing in Spanish Fork and and that's
[33:41] always happening, but also residential
[33:43] construction that happens on our
[33:44] streets. I guess here's my public
[33:46] service announcement and and maybe the
[33:48] chief could say say this better than I
[33:50] could, but we're always worried about
[33:52] the winter and and when snow plows come
[33:54] and everything, but summer's a really
[33:55] active time. So just remind your kids.
[33:58] Uh we we say it every year when the when
[34:00] the river is supposed to rise, but we
[34:02] never had the river rising this year and
[34:03] so it wasn't that dangerous as far as a
[34:05] river, but it's always a little gets a
[34:08] little bit heightened when our streets
[34:10] crews are out doing their work and and
[34:12] construction's going on. So please just
[34:14] sit down at dinner and remind your
[34:16] family and and especially little kids to be looking out and and let's all of
[34:21] us uh look out as well as we're going
[34:23] through our communities. it might be a
[34:25] little bit tighter on those streets with
[34:27] grass being dropped off or fencing or or
[34:30] homes being built. So, let's take an
[34:33] extra minute and uh and keep each other
[34:34] safe uh by going a little bit slower and
[34:37] being a little bit more attentive to uh
[34:39] to who's on the roads in the summer. So,
[34:41] uh let's have a a safe summer now that
[34:43] we're not in school. So,
[34:45] >> not very profound, but just the public
[34:47] service announcement. Sorry,
[34:48] >> you made up for it.
[34:49] >> All right. Uh okay. Council comments. Uh
[34:52] now, staff reports. anything manager
[34:54] parents that we wanted to report on?
[34:56] >> Thank you, mayor. Uh maybe just a quick
[34:59] followup from last council meetings.
[35:00] There was a a resident that came in with
[35:02] some concerns about a trail if you
[35:04] remember from that property along the
[35:06] railroad on the eastish side of Highway
[35:10] 6. We've been doing some research u back
[35:13] into the uh annals of time. This is back
[35:16] in 2008. We we been able to find some
[35:19] agreements on that. um things aren't
[35:22] perhaps as exactly as she outlined, but
[35:24] it's been really helpful. Dale and and
[35:26] his team are working to identify a
[35:28] couple things that we can do perhaps in
[35:30] the interim. Um
[35:32] no land was dedicated, but there was a
[35:35] lot of things that happened with that.
[35:36] Actually, more of it was focused on the
[35:38] front side of their property uh in terms
[35:41] of getting the road built and getting
[35:42] some connection to utilities back in '08
[35:45] when when that part of town was
[35:47] beginning to develop. and all of that
[35:50] was done. Uh there wasn't any agreement
[35:52] on a fence, but um we're looking at the
[35:55] possibility of putting up a fence now
[35:57] and what that costs and and then the
[36:00] possibility of putting the trail in. The
[36:02] downside there is the trail hasn't had
[36:04] any connection further to the to the
[36:06] northish
[36:08] to the north and west. Um and so that
[36:12] that's the reason why the trail hasn't
[36:14] continued on. But it's been really good
[36:16] for us to dig into it because it's
[36:17] really old, right? This is back in 2008.
[36:20] So, uh, a little bit more I think that
[36:22] we still need to research on that, but
[36:24] we're we're looking into it and and, uh,
[36:26] the parks crews will give us some some
[36:29] ideas and some estimates here in the
[36:31] next couple of weeks.
[36:33] >> The idea for that trail, that section of
[36:35] trails to continue north and
[36:36] [clears throat] clear over to what used
[36:38] to be Councilman Argyle's
[36:40] >> home, right? Yeah.
[36:42] >> Yeah. Uh, and the challenge that that we
[36:44] I guess we ran into is um you quickly
[36:49] run into railroad rideway.
[36:51] >> And so you can't put the trail on the
[36:54] railroad right away unless you just put
[36:56] it and you know don't tell anybody.
[36:58] That's not how we roll, right? And so
[37:00] you can't do that. So you you have the
[37:03] trail dead end and so maybe you run it
[37:05] to some sidewalk across the street. uh
[37:07] you want to eventually get it to the
[37:08] trail that is either uh on the other
[37:11] side of Center Street on that same side
[37:12] of the railroad tracks or on the west
[37:15] side of Center Street that goes down on
[37:17] to Fort North. Both of those are great
[37:19] locations, but we just don't have a good
[37:21] path to connect them. So, the project
[37:22] kind of fizzled out because of that uh
[37:25] way back when. We do have the we do have
[37:27] the the easement to do it. So, that's great. But, of course, there was
[37:31] no fence ever put in. they they can put
[37:34] fence up and that certainly is something
[37:35] that they they can do. But like I said,
[37:38] we'll work with them. I think if we can
[37:39] put something up that perhaps will stand
[37:42] the test of time and maybe not be that
[37:45] expensive, that that might be the best
[37:47] next step. And then when we do the when
[37:50] we can do the trail meaningfully, then I
[37:52] think that may be the right time. But
[37:54] like I said, we we'll get a couple of
[37:55] ideas and then
[37:56] >> perfect share those with you.
[37:59] >> Thank you. Following up on that,
[38:00] anything else that we want in that
[38:02] section?
[38:03] >> Okay.
[38:04] >> Thank you, manager. Per takes us to
[38:06] consent items. If there's nothing else
[38:08] uh from the council, we'll go to consent
[38:10] items. Any questions on the consent
[38:12] items A and B? If not, I'd entertain a
[38:15] motion for the consent items.
[38:17] >> I'll make a motion to approve the
[38:19] consent items.
[38:20] >> Second.
[38:20] >> Motion made by Councilwoman Beck, second
[38:22] by Councilman Marshall. All in favor say
[38:24] yes.
[38:25] >> Yes.
[38:26] >> Consent items are approved. takes us to
[38:28] our first of uh four public hearings
[38:32] tonight. Um A and B in the public
[38:35] hearing section will be Mr. Jordan Hails
[38:37] for the fiscal year 2027 budget.
[38:41] Up on the screen I've got the the
[38:43] timeline of this budget. Um
[38:46] so a month ago the tentative budget was
[38:49] presented. Um for those that would love
[38:52] to hear my presentation that night, they
[38:54] can go to YouTube and watch it there. Um
[38:57] the budget is available at
[38:58] Spanishwork.gov as well. Um tonight we
[39:01] have like you said four public hearings,
[39:03] one for the RDA, one for the LBA, the
[39:05] city's council budget or the city budget
[39:08] and then uh a dividends transfer public
[39:11] hearing as well and then two weeks from
[39:13] today we will approve the budget. Um but
[39:16] any questions before we go to the public
[39:18] hearing? Questions for Jordan?
[39:21] >> Thank you Jordan. I'd entertain a motion
[39:23] to go into public hearing for fiscal
[39:24] year 2027 budget. So moved.
[39:27] >> Motion made by Councilman Carden.
[39:29] >> Second.
[39:30] by Councilman Oiler. All in favor
[39:32] say yes.
[39:32] >> Yes.
[39:33] >> We're in public hearing for the 2027
[39:35] budget. Anybody that would like to speak
[39:37] to the mayor and council about this
[39:39] item, please come up.
[39:42] >> Seeing none, I'd entertain a motion to
[39:43] go out of public hearing.
[39:45] >> So moved.
[39:46] >> Motion made by Councilman Tuk. Second.
[39:49] >> Second by Councilwoman Beck. Ty goes to
[39:52] the prom.
[39:54] All in favor say yes.
[39:56] >> Yes.
[39:56] >> Okay. Public hearings uh closed on this.
[39:59] Any further questions as a council that
[40:01] you have for Jordan on uh the 2027
[40:05] fiscal year budget?
[40:06] >> I can't speak for everyone, but I know
[40:08] that we've said it. If you have any
[40:10] questions or things, our numbers and
[40:11] things are out there still. We're still
[40:13] talking. We're not proving this for
[40:14] another couple weeks, but I have yet to
[40:16] have anybody reach out about the budget
[40:18] at this point.
[40:22] >> Thank you, Councilman Carden. Anybody
[40:24] else?
[40:26] So, this public hearing uh does stay
[40:28] open like Councilman Carden referenced.
[40:30] So, it's the the budget's up on the
[40:32] website. People can find it. So,
[40:34] continue to to look for it to citizens
[40:36] and feel free to shoot us questions and
[40:39] uh if we don't know the answer, we'll
[40:40] get you to the right the right place uh
[40:43] during this budget public hearing. Okay.
[40:46] Next uh public hearing is for the fiscal
[40:49] year 2027 enterprise funds transfers.
[40:53] One of the items that we one of the
[40:55] things that we do in the city is we take
[40:57] uh profits from our utilities and
[40:59] transfer those into the general fund um
[41:02] to keep property taxes low. Um state law
[41:04] requires us to have a public hearing in
[41:06] order to uh as part of that process. So
[41:10] that's what the purpose of this hearing
[41:11] is.
[41:13] Thank you Jordan. They find that uh
[41:15] information in the same budget section
[41:18] right online. Okay. I'd entertain a
[41:20] motion to go to public hearing for item
[41:22] B.
[41:24] >> So moved.
[41:24] >> Motion made by Councilman Oiler.
[41:27] >> Second.
[41:27] by Councilman Carden. All in
[41:29] favor say yes.
[41:30] >> Yes.
[41:31] >> We're in public hearing for item B, the
[41:33] fiscal year 2027 enterprise funds
[41:35] transfers. Anybody from the public that
[41:37] would like to speak to that item, please
[41:39] come forward.
[41:41] Seeing none, I'd entertain a motion to
[41:43] close the public hearing.
[41:45] >> So moved.
[41:46] >> Second. Motion made by Councilwoman
[41:48] Beck, second by Councilman Marshall. All
[41:50] in favor say yes.
[41:51] >> Yes.
[41:51] >> Discussion back up here. Any questions
[41:54] for Jordan about that section of the
[41:56] budget.
[41:59] >> Okay. Thank you, Jordan. Again, public,
[42:00] you can find that uh in uh this in a
[42:03] section of the fiscal year budget of the
[42:05] enterprise funds transfers and what
[42:08] they're for. Please look over it and ask
[42:09] us any questions if you need to. takes
[42:12] us to item nine tonight. New business
[42:14] ordinance to approve title five
[42:15] amendment for directional signs.
[42:19] >> Can al also call this the intermission
[42:20] to all the public hearings on the
[42:22] budget.
[42:22] >> That's what it is.
[42:23] >> Um this I'm Joshua Nielson. Von and Dave
[42:25] Anderson asked me to come present this.
[42:27] Title five, as you may or may not know,
[42:29] we don't discuss a lot has to do with
[42:30] businesses and we reg all the
[42:32] regulations we have with respect to
[42:33] businesses. Um there's a section inside
[42:35] of there regarding um signs. Um, we have
[42:38] a business that's coming or that's here
[42:40] in town, Wheeler, that um, one of the
[42:43] there's all kinds of different signs
[42:44] that businesses put up on respect to
[42:46] their property. One of those has to do
[42:48] with directional signs. And Wheeler,
[42:50] this property wants to put up
[42:52] directional signs, um, multiple
[42:54] directional signs on their property. So,
[42:56] you can see they have a big property.
[42:59] It's kind of hard to tell from here.
[43:00] It's 11 acres. Um, and there's lots of
[43:03] different places and different people
[43:04] who are coming into this property. And
[43:06] so they kind of need to know where
[43:08] they're supposed to go. Um our our
[43:11] regulations currently limit the size of
[43:13] those signs to um 3 ft tall or 6 ft of
[43:17] copy, six square feet of copy. They want
[43:20] slightly bigger signs. And so they've
[43:21] asked for a te text amendment that is
[43:24] proposed right here. It's about as
[43:25] simple as you can get. If it's a site
[43:28] that's more than 10 acres, then they can
[43:30] have a slightly larger sign up to four
[43:32] feet tall or 16 ft of copy. Um, if it's
[43:35] less than 10 acres, then it stays the
[43:37] same. That's the proposal. Any questions
[43:40] for me?
[43:42] Questions for Joshua on this?
[43:46] You We know where we're oriented here.
[43:47] The Wheeler Machinery Building,
[43:51] Jane. It's on a map. You got it. You
[43:53] know where it's at.
[43:55] >> Very cool. Thank you, John.
[43:56] >> Admit that I don't, but [laughter]
[44:00] >> it's out west of the freeway.
[44:01] >> Oh, yeah. No, I'm just kidding. across
[44:03] the street from Coach Orin Moral's old
[44:06] home right there.
[44:07] >> All right.
[44:07] >> Yeah.
[44:09] >> I think the proposed change makes sense.
[44:10] Like it's you don't want people getting
[44:13] confused on where they should enter and
[44:14] exit. So, um sites this large, it does
[44:18] make sense to have a little more copy
[44:19] out there and telling where people
[44:20] telling people where to go. So,
[44:25] >> okay.
[44:26] >> Ready?
[44:26] >> Yep. Ready.
[44:29] I move to approve the ordinance to amend
[44:32] title five to change the size of the
[44:34] requirements for directional signs.
[44:36] >> Motion made by Councilman Marshall.
[44:40] >> Second.
[44:41] by Councilman Tuk. A roll call
[44:43] vote here. Councilman Carden.
[44:44] >> Yes.
[44:45] >> Councilman Tuk. Councilman Marshall?
[44:46] >> Yes.
[44:47] >> Councilwoman Beck?
[44:48] >> Yes.
[44:48] >> And Councilman Oiler?
[44:50] >> Yes.
[44:50] >> What' I miss? Why are we laughing?
[44:52] >> Because we were all going to not
[44:55] like normal. [laughter]
[44:57] >> All right. May May I ask a quick
[44:59] question. Are you with the applicant?
[45:01] >> No.
[45:02] >> Oh, you're with him. I don't know you
[45:04] yet. I'm so sorry. So rude.
[45:06] >> I need to get to know you. I was hoping
[45:08] somebody was here from Wheeler because
[45:09] they're going to open up
[45:11] sometime in the next couple of weeks and
[45:13] that's really a good a big deal. Like
[45:17] these guys don't sell Ford F-150s,
[45:21] but when they do sell something, it's a
[45:23] lot bigger. It's a lot more expensive.
[45:26] And uh it's a great addition uh in terms
[45:29] of the sales tax revenue that can come
[45:32] from the sales of those large pieces of
[45:33] equipment, but also just in terms of the yellow iron that is going to come in
[45:39] and out of this location for service.
[45:41] And it's it's great to have we're really
[45:44] excited to have Wheeler a part of our
[45:46] community.
[45:48] Caterpillar is number 64 on the Fortune
[45:52] 500 list as far as large US companies.
[45:55] So 67 billion in revenue, something to
[46:00] that figure. So for them to for them to
[46:04] now sell that equipment inside our city.
[46:07] >> Really cool.
[46:08] >> Um, Councilman Argo is going to wonder
[46:10] if they have a gift shop.
[46:12] >> He's going to wonder if they have a hat.
[46:14] >> Yeah,
[46:16] our employees are have started asking,
[46:18] "So are we going to get rid of all of
[46:19] our John Deere tractors and only Wheeler
[46:22] now?" But
[46:23] >> we're really excited. This is really
[46:24] cool. Um, I can't remember their opening
[46:26] day, but I think it's in the next week
[46:27] or two. So,
[46:28] >> I think we're turning I think
[46:30] >> gift shop.
[46:31] >> He is definitely going to want a gift
[46:33] shop.
[46:34] >> Yeah, I think there's I think there's
[46:35] something on our calendars to be down
[46:36] there at the end of the month, right?
[46:38] >> Friday.
[46:38] >> Okay, very cool. We got that and and
[46:41] then what do we got? We got the hospital
[46:43] thing coming up, too. We didn't mention
[46:44] that, but Fridays.
[46:45] >> I don't see gift shop on the signs, but
[46:47] it does say ho shop. Is that close?
[46:49] >> It might be. Might be the same thing.
[46:51] >> Okay,
[46:51] >> I'll have something. and we'll make sure
[46:53] former Councilman Argyle is aware of the
[46:55] day we're down there turning shovels.
[46:58] So, I'll bet he'll be there with a cat
[47:00] hat on. So, very cool stuff. Welcome to
[47:03] our community and uh thanks Josh for
[47:06] presenting that and uh those those signs
[47:08] make sense around that area. Okay. Um
[47:13] takes us uh to uh adjourning to
[47:15] redevelopment agency uh to entertain a
[47:18] motion to go into redevelopment agency.
[47:23] So moved. Motion made by Councilman
[47:25] Carden.
[47:27] >> Second.
[47:27] by Councilman Oiler to go into
[47:29] redevelopment agency. All in favor say
[47:31] yes.
[47:32] >> Yes.
[47:33] >> In redevelopment agency, we are
[47:35] directors and I am the chairpresident.
[47:39] I'd appreciate being referred to as
[47:40] such.
[47:42] >> As the chair slp president.
[47:43] >> Yep.
[47:44] >> Okay.
[47:44] >> Either way,
[47:45] >> deal
[47:46] >> Jordan. Oh, we have minutes of uh of RDA
[47:51] uh meeting 552026
[47:54] to approve in the consent agenda.
[47:56] Anybody want to make that motion?
[48:01] » I move to adopt the RDA consent item.
[48:04] >> Motion made by Director Oiler.
[48:09] >> Second.
[48:09] by director Tuk. All in favor say
[48:12] yes.
[48:13] >> Yes.
[48:13] >> The RDA meeting minutes are approved.
[48:17] Now into the RDA fiscal year 2027
[48:20] budget. Mr. Jordan Hails.
[48:22] >> Uh chair slashpresident and directors.
[48:26] Um the budget for the RDA follows the
[48:29] same process as the the other budget. Um
[48:31] so we'll have a public hearing this
[48:33] evening and then uh approval of the
[48:35] budget in two weeks.
[48:37] >> Thank you, Jordan. There's a link in the
[48:39] minutes and again in the uh on the
[48:42] website if you want to see the RDA
[48:44] budget. I'd entertain a motion go to
[48:45] public hearing for the redevelopment
[48:47] agency fiscal year 2027 budget.
[48:50] >> So moved.
[48:51] >> Motion made by director Carden.
[48:53] >> Second.
[48:54] by director Beck. All in favor
[48:55] say yes.
[48:56] >> Yes.
[48:56] >> We're in public hearing for the RDA
[48:58] budget. Anybody from the public would
[49:00] like to speak to this. Seeing none, I'd
[49:03] entertain a motion go out of public
[49:04] hearing.
[49:05] >> So moved.
[49:05] >> Motion made by Director Tuk.
[49:08] >> Second.
[49:09] by director Marshall. All in
[49:10] favor say yes.
[49:11] >> Yes.
[49:12] >> Discussion back up here. There any
[49:13] questions about the fiscal year 2027
[49:16] budget for the RDA?
[49:19] >> Okay, we're in um again public uh you
[49:23] can look at that and uh ask us any
[49:25] questions about that over the next
[49:26] couple of weeks as well.
[49:29] I'd now entertain a motion to adjurnn to
[49:31] the LBA, the local building authority.
[49:35] Anybody
[49:37] dare? Do
[49:37] >> you have to adjourn one and a move to
[49:39] the other one or can we
[49:40] >> No, it doesn't.
[49:42] Huh?
[49:43] >> Oh, okay. Just curious. I'm not going to
[49:45] do the talking, but I was just
[49:46] >> adjourn to L. I move that we adjourn to
[49:49] LBA.
[49:51] >> Director Carden of the RDA has proposed
[49:54] to move in uh to being a trustee in the
[49:58] LBA.
[50:00] >> Is there a second?
[50:01] >> Second.
[50:02] made by director Marshall to go
[50:05] into LBA. All in favor say yes.
[50:07] >> Yes.
[50:08] >> We're in LBA. You notice when you
[50:10] >> prom these meetings, you never get this
[50:12] kind of stuff.
[50:13] >> They're very respectful.
[50:16] >> Um I mean you never have to do the
[50:18] labels.
[50:20] >> No, she did once and she just called us
[50:21] our last name.
[50:22] >> Oh, did she just
[50:22] >> She yells it too.
[50:24] >> She just goes the last name.
[50:26] >> Okay.
[50:26] >> Mendal.
[50:27] >> Okay.
[50:30] What where are we at?
[50:32] We're in LBA consent. The LBA minutes of
[50:35] 55
[50:37] 26. I'm sure it doesn't mean to say 25.
[50:39] It says 25. Do you mean 26?
[50:44] >> Says LBA meeting minutes of 5525.
[50:47] >> Yeah, the attachment says 26.
[50:49] >> Yeah, it should be 26.
[50:51] >> Okay. I don't know that we went into LBA
[50:53] in 26.
[50:56] >> We would have presented the tenative.
[50:58] >> That was on the 5th, right?
[50:59] >> Yeah. 5526. I'd entertain a motion to
[51:02] approve the LBA meeting minutes of 5526.
[51:08] » Move that we approve the consent item in
[51:11] the LBA.
[51:12] >> Motion made by trustee Oiler.
[51:15] >> Second.
[51:16] by trustee Marshall. All in favor
[51:18] say yes.
[51:19] >> Yes.
[51:20] >> Meet it. The minutes are approved. Now
[51:22] into the public hearing. Mr. Jordan
[51:25] Hails for the for the last time. Um,
[51:28] we've got the budget public hearing for
[51:30] the LBA. Uh, in two weeks we'll have the
[51:32] approval. Um, again, this section of the
[51:36] budget is part of the same document if
[51:37] you go to the the the website and you
[51:39] can view it all there. Perfect. Thank
[51:42] you, Mr. Hails. I'd entertain a motion
[51:43] go into public hearing for the LBA
[51:45] fiscal year 2027 budget.
[51:48] >> So moved.
[51:49] >> Motion made by Trustee Marshall.
[51:51] >> Second.
[51:51] by Trustee C. Trustee Carden. All
[51:53] in favor say yes.
[51:54] >> Yes. We're in public hearing hearing for
[51:56] the LBA budget. Anybody here to speak on
[51:59] that item?
[52:01] Seeing none, I'd entertain a motion go
[52:02] out of public hearing.
[52:04] >> So moved.
[52:05] >> Motion made by Trustee Beck.
[52:08] >> Second.
[52:08] by Trustee Tuk. All in favor say
[52:12] yes.
[52:12] >> Yes.
[52:14] >> We're out of public hearing. Sorry, you
[52:16] were vice chair there, Councilwoman
[52:18] Trusty Beck.
[52:19] >> Okay,
[52:20] >> I'll get you next time.
[52:22] >> Okay. Um, LBA New business. We have
[52:26] items A and B.
[52:30] Manager parents.
[52:31] >> Thank you, Mr. Mayor. I'm going to
[52:32] invite uh Jonathan and Garrett to come
[52:36] up. Garrett's my new friend. Does not
[52:38] work for Wheeler.
[52:40] His work for Gilmore Bell. He and I have
[52:42] spoken on the phone and I know who he is
[52:45] now. I know what he looks like. Um
[52:48] tonight we have a presentation of the
[52:51] LBA parameters resolution which is the
[52:53] precursor to going uh to issuing a bond.
[52:57] Uh this bond would be eventually uh for
[53:01] the construction of the financing of and
[53:03] the construction of a fire station 61.
[53:06] That project is actually already started
[53:08] and uh possibly also for the
[53:10] construction of a public works shop. I
[53:13] say possibly because that public works
[53:15] shop has not yet been designed all the
[53:16] way and it has not yet been decided by
[53:18] you that we're going to build it. But um
[53:21] we've decided that the best tool for us
[53:24] to finance these structures is an LBA
[53:28] bond and it is best to be agile.
[53:33] Um, and so doing some of this leg work
[53:36] now will enable us to watch markets and
[53:39] make sure that if there's a moment in
[53:41] time, say between now and uh when when
[53:46] we would for sure have to bond, which
[53:48] would be spring of 2027,
[53:50] if there's a time where interest rates
[53:52] are better, uh we'll be able to act
[53:54] quickly and take advantage of those
[53:56] interest rates. Uh we've spoken about
[53:58] this a couple of times in previous
[54:00] meetings where we've t talked about the
[54:02] construction of station 61.
[54:05] We would bond for $15 million for the
[54:08] construction of station uh 61 and
[54:12] anticipate that it will have a rate
[54:14] somewhere in the 4% range. Uh right now
[54:17] we anticipate four to four and a
[54:18] quarter, but we'd sure love like three
[54:20] and a half, right Jonathan?
[54:21] >> Yes, we would. Um, our best loan rate
[54:24] that we have to date, uh, is in the
[54:27] ones, and we'd sure love that as well,
[54:29] but I don't think we're going to see
[54:30] that, uh, perhaps ever again. Uh, but
[54:34] right now, we're planning that this
[54:35] would be somewhere in the 4% range. Um,
[54:38] again, $15 million for station 61. We
[54:41] want that to be a 10-year repayment. Uh,
[54:44] and then the and those numbers are are
[54:47] known. You gave the green light on that
[54:49] project a couple of months ago. the GMP
[54:52] was issued and and we know that we'll
[54:54] need about $15 million in that bond.
[54:58] The public workshop is about six or
[55:00] eight months behind that in terms of its
[55:01] timeline and process. And so we are
[55:04] still going through the design phase,
[55:05] but we're we have great estimates along
[55:07] the way and and we estimate that that
[55:09] bond will need to be um about no more
[55:13] than $45 million.
[55:15] So, the parameters resolution that you
[55:18] have before you is an all-encompassing
[55:20] parameter. It says we're not going to
[55:22] bond for anything more than. And this
[55:25] parameters resolution says we're not
[55:26] going to bond for more than $83 million.
[55:30] Now, we're not going to go and bond for
[55:31] 83 because we can, but it just it does
[55:34] give us the ability to bond for a little
[55:36] bit more in case we said we're going to
[55:37] go bond for 58 and then we were wrong by
[55:40] $3 million and we can't go and get those
[55:43] extra $3 million. So we tell the
[55:46] financial uh folks this is what we think
[55:49] we need $60 million for those two
[55:51] projects and they recommend for us what
[55:55] that parameters resolution
[55:57] high extent should be uh and also the
[56:00] interest rate. And so today we'll tell
[56:03] you that uh we think the most the public
[56:05] workshop project will cost would be a
[56:07] bond of 45 million. So 45 + 15 is 60
[56:10] million. So, in case anybody wonders why
[56:13] the parameters resolution says up to 83,
[56:15] it's that that comfort level that that
[56:18] our financial advisors suggest that we
[56:20] always have. How did I do with that? Was
[56:22] that terrible or was that okay? All
[56:25] right, with that, I'm actually going to
[56:27] let either Jonathan or Garrett walk
[56:30] through any of the issues or details
[56:31] about this. And please, if you have any
[56:34] questions about uh the ins and outs of
[56:35] these, please um please ask them. Mayor,
[56:40] there is something that you need to do
[56:41] in with that statement resolution. We'll
[56:44] have you read um that statement
[56:46] resolution and then I think we go into
[56:48] the discussion on the parameters
[56:49] resolution after that.
[56:51] >> Perfect.
[56:53] Okay. Uh maybe you want me to read that
[56:56] before you come up. Okay. No, I was
[56:58] going to say just just to explain to the
[56:59] statement resolution was a new
[57:01] requirement added by state law in 2024
[57:05] for whenever you issue a lease revenue
[57:08] bond specifically.
[57:10] >> It's now a requirement to read this
[57:11] statement resolution in in your public
[57:15] meetings. So
[57:15] >> that's why I haven't done that's why you
[57:17] have not done it before and may not be
[57:18] familiar with it for any any bond issue
[57:20] over over $10 million. It's a new new
[57:22] requirement. So just FYI.
[57:24] >> Perfect. Okay. I'll read this and then
[57:26] we'll go into that discussion. Uh
[57:28] statement reads, "The Local Building
[57:30] Authority of Spanish Fork City, Utah,
[57:32] hereby intends to issue a lease revenue
[57:34] and refunding bond. The purpose of said
[57:37] bond is to provide funds to a finance
[57:40] the cost of construction of a fire
[57:42] station and public works building and
[57:44] all related improvements, the quote
[57:47] project. B refund certain outstanding
[57:50] bonds of the authority. And C fund any
[57:52] required debt service reserve fund. and
[57:55] D pay costs associated with the issuance
[57:58] of the bonds. The estimated amount of
[58:00] the bond is $83 million.
[58:03] How do I do?
[58:07] >> Yeah, it's fine. It's okay to clap.
[58:09] Okay. Uh uh Jonathan, thank you for
[58:13] being here. Thanks for being our
[58:14] financial advisor uh in Spanish Fork and
[58:17] taking care of us. Um this uh uh this
[58:21] part that I was going to maybe read to
[58:25] before you come up uh is in uh section B
[58:28] of our new business of the LBA. It says
[58:30] the city council and local building
[58:32] authority are considering possibility of
[58:34] issuing lease revenue bonds to
[58:36] construction construct the new station
[58:39] 61 building and a possible public
[58:42] workshops. Construction on station 61
[58:44] has already started. the public works
[58:46] shops has not. This resolution will
[58:48] allow the city to issue bonds to
[58:51] construct both buildings if and only
[58:53] after the city council authorizes the
[58:55] construction of the public works shop. A
[58:58] future decision. Our financial adviserss
[59:00] advise us to undergo these approvals now
[59:02] to ensure quick and responsive future
[59:04] actions if or when both of the projects
[59:07] are authorized. This parameters
[59:09] resolution outlines the highest and most
[59:11] limits that the bond amounts and rates
[59:13] could be. In actuality, the bond totals
[59:15] and the rates will be less than these.
[59:19] Good.
[59:24] » Thank you, Mr. President. Chairman of
[59:27] the [laughter] local building authority
[59:29] board and trustees.
[59:31] The uh
[59:34] we do think it's in the city's best
[59:35] interest to consolidate bond issues as
[59:37] opposed to doing two separate possible
[59:39] bond issues. a small one for the fire
[59:42] station and a larger one for the public
[59:43] works. If we can simplify and economize
[59:46] by doing it all in one process, we're
[59:49] saving money in the process. So that's
[59:52] why we recommended this. Uh in addition,
[59:56] in that statement that the mayor read,
[59:59] we discussed refunding bonds. That's
[1:00:02] municipal bond language for refinance.
[1:00:05] the city has outstanding uh series 2022
[1:00:08] transaction that is refinancable because
[1:00:12] the prepayment terms are such that that
[1:00:15] we can do that. We're not at a point in
[1:00:18] our current environment, financial
[1:00:20] environment and market environment where
[1:00:21] we think that's um ideal. Meaning we
[1:00:25] could refinance, we could save some
[1:00:27] money. It translates to about $15,000
[1:00:30] per year for the next say 18 years. But
[1:00:37] we don't think it's we don't think it's
[1:00:39] as advant ad advantageous now to do that
[1:00:42] as perhaps some point in the future.
[1:00:44] Meaning this the savings could be more
[1:00:47] and to give away the prepayment
[1:00:49] flexibility to capture 15,000 a year
[1:00:52] versus 50,000 a year doesn't quite make
[1:00:55] sense. But we wanted to include that in
[1:00:58] the resolution and allow ourselves that
[1:01:00] flexibility. So part of the 83 million
[1:01:03] is also not just new projects but also
[1:01:06] possibility of refinancing the 2022
[1:01:08] bonds. I'll also add that because we're
[1:01:11] starting multiple projects and they're
[1:01:13] phased at different times, we have in
[1:01:16] the resolution a reimbursement clause
[1:01:18] that says that we can start spending
[1:01:20] money on the fire station,
[1:01:23] but if we issue bonds later and we want
[1:01:26] to and we will want to reimburse our our
[1:01:29] cash reserves, we're given the
[1:01:31] authorization to do so. And under
[1:01:32] federal law, Garrett can speak to this
[1:01:34] in more detail, that's a requirement. we
[1:01:36] have to declare our intent to reimburse
[1:01:39] ourselves with taxexempt money. So
[1:01:42] that's something we've embedded in here.
[1:01:44] I'll also note mayor that there is a
[1:01:46] section referring uh to designated
[1:01:49] persons. The city council delegates
[1:01:51] authority to designated persons within
[1:01:54] the council ranks and the staff ranks to
[1:01:57] finalize terms and conditions. You as a
[1:02:00] council have to decide number one, do we
[1:02:02] do a public works building? If that
[1:02:04] happens and the council says, "Yes,
[1:02:06] we're going to do that and we want to
[1:02:07] finance that." We have the authority
[1:02:09] that we need to do this, but you have to
[1:02:11] delegate to what's bracketed in the
[1:02:14] resolution as three or four people, four
[1:02:16] three or four individuals who will be
[1:02:18] those designated persons to uh to
[1:02:21] determine the final terms and conditions
[1:02:22] of bonds to be issued. We usually see
[1:02:26] that as two, usually an elected official
[1:02:29] and a staff member. We've got in here
[1:02:31] three or four, so you can choose any
[1:02:34] number. We've got listed in the
[1:02:35] resolution. Mayor, council members, city
[1:02:39] manager, finance director. As a council,
[1:02:42] you can decide, do we want three, do we
[1:02:45] want four? And then any of one of those
[1:02:47] three or four can be called on to make
[1:02:49] the determination
[1:02:51] um of final terms and conditions on the
[1:02:53] bonds. It can do two. If you want to
[1:02:56] make it two, I simply say we'll
[1:02:58] designate or delegate to any two of the
[1:03:01] following versus the three or four in
[1:03:03] bracket. So that's up to you. That's all
[1:03:06] I'm
[1:03:08] I can add, mayor, at this time.
[1:03:10] >> Any questions for Mr. Ward?
[1:03:13] >> So if that delegation happens, say it's
[1:03:16] four, is there a vote amongst the four
[1:03:20] or do each one of them like what is
[1:03:22] their role? They have to all approve and
[1:03:24] agree to the terms and conditions. Yeah.
[1:03:26] They'll ultimately say we bless the
[1:03:28] transaction, the terms and conditions,
[1:03:30] and
[1:03:30] >> then the mayor and recorder can sign.
[1:03:32] >> Okay. Otherwise, it's coming back to
[1:03:34] this body to do that.
[1:03:36] >> Yep.
[1:03:37] >> At a future date. Okay.
[1:03:39] >> Jonathan, what does refunding look like
[1:03:41] in the future? Is that a public hearing
[1:03:43] or is that something administrative?
[1:03:45] >> It would be administrative if the if the
[1:03:47] council chooses to approve the
[1:03:48] resolution this evening. So basically
[1:03:51] we're we're making this we're taking
[1:03:54] this legislative action and making it
[1:03:55] administrative by delegating the
[1:03:57] authority and the terms around which you
[1:03:59] can negotiate the bond.
[1:04:02] >> Yep. The timing the terms become much
[1:04:04] more flexible.
[1:04:05] >> Okay. And this isn't this we won't issue
[1:04:08] this bond until after we've decided on
[1:04:10] the public works building. And if we
[1:04:11] decide not to then obviously this drops
[1:04:13] down. That's how I'm hearing it. Right.
[1:04:14] >> Okay.
[1:04:15] >> Correct.
[1:04:16] A couple times in your your description,
[1:04:19] you said we. It's the collective we.
[1:04:22] It's not our our bond. It's not you
[1:04:26] guys, right? It's the we that we
[1:04:28] delegate the responsibility and
[1:04:30] authority to the city manager, the
[1:04:33] mayor, whomever.
[1:04:34] >> Exactly. Correct. Yeah. We as your
[1:04:36] financial advisor in conjunction with
[1:04:39] the delegated persons and the staff
[1:04:40] execute the process.
[1:04:42] >> Just want to make sure I I understood
[1:04:43] that. It's just when you say we are
[1:04:45] going to make the decision, it's we and
[1:04:48] not our financial adviser. Just just so
[1:04:50] the public understands that.
[1:04:52] >> Good point.
[1:04:52] >> It's the collective we.
[1:04:54] >> Um why? So Seth mentioned it's $60
[1:04:58] millionish and that's is for sure
[1:05:00] because we don't know exactly what the
[1:05:02] number is. Why would we want to go up to
[1:05:05] potentially 83?
[1:05:09] probably just because of cost overruns
[1:05:11] or if there are more bonds that are
[1:05:14] refundable at a future date in time. The
[1:05:17] economy is great, the interest rates are
[1:05:19] low and we want to include other trans
[1:05:21] other series of bonds
[1:05:23] >> to pay off something else or
[1:05:25] >> you'd issue new bonds to pay off old
[1:05:27] bonds at a lower rate. Yeah.
[1:05:29] >> All right. That makes more sense.
[1:05:30] >> We wouldn't obviously touch the 1%
[1:05:32] rates, but if we're at 4%, we can get a
[1:05:34] three and a half and it and it
[1:05:36] justifies. use this authority to bond
[1:05:38] for the additional 20
[1:05:40] >> and pay off
[1:05:42] the old.
[1:05:43] >> Okay,
[1:05:43] >> that makes sense.
[1:05:45] >> That's a way better example or
[1:05:47] explanation, Seth.
[1:05:50] [laughter]
[1:05:51] >> Than it's 20 million.
[1:05:53] >> I thought I was answering you clear.
[1:05:56] [laughter]
[1:05:57] >> Thank you, Jonathan. That was that was
[1:05:58] very helpful.
[1:05:59] >> That was good. [laughter]
[1:06:01] >> Yeah. Yeah, that's that's a good uh
[1:06:02] that's a good part to bring to the
[1:06:04] public here. you're you're you're you're
[1:06:06] having some reserve there to be able to
[1:06:08] say, "Hey, interest rates are better
[1:06:09] than what we had that money borrowed at.
[1:06:12] So, let's refinance it. Let's refund
[1:06:13] those and save some money
[1:06:15] >> in expedited way."
[1:06:17] >> And you don't have to come back here and
[1:06:20] ask to do that long process of it. You
[1:06:21] have
[1:06:22] >> you don't have to refund the other loan.
[1:06:24] You can just pay off that portion of the
[1:06:26] loan with the new new amounts. Right.
[1:06:29] >> Jonathan, how how are we as a risk as a city? Can you speak to that at all?
[1:06:35] >> Yeah, the city's ratings are very
[1:06:37] strong. You're in the double A range,
[1:06:39] which uh AAA is the best. Double A plus,
[1:06:42] double A even, double A minus. And I
[1:06:46] think other than
[1:06:49] I think all of your bonds, water, sewer,
[1:06:51] or sales tax, and these lease revenue
[1:06:54] bonds haven't been rated yet, but when
[1:06:56] they get rated, they'd be in the double
[1:06:58] A. They'd probably be one notch lower
[1:07:00] than your general obligation, which is
[1:07:03] the guilt edge municipal bond security
[1:07:06] rating. And we don't know what that is,
[1:07:09] but I suspect it's in the double A
[1:07:11] range.
[1:07:13] Perfect. That's a that's what we call
[1:07:15] high investment grade ratings. It's
[1:07:19] really uh really commendable. It's a
[1:07:22] function of your rating or your economy,
[1:07:24] your finances, your debt load, your
[1:07:26] management practices and policies as
[1:07:28] well.
[1:07:29] >> When you put those offerings out there,
[1:07:32] there's there's buyers is what you're
[1:07:34] saying. They like those
[1:07:36] >> Yeah.
[1:07:36] >> rated bonds. I was on a call the other
[1:07:38] day and the question was, you know, do
[1:07:42] some buyers want more yield? So, they
[1:07:44] may be dissuaded to buy Spanish fork
[1:07:48] bonds because the bonds aren't going to
[1:07:49] be really high interest rates, not a lot
[1:07:51] of high yield because the credit's so
[1:07:53] good. But yeah, I think most investors
[1:07:56] buy municipal bonds because they like
[1:08:00] good solid credits. they like income and
[1:08:02] cash flow that's uh reliable and steady
[1:08:06] and that's what Spanish Fork offers when
[1:08:08] they sell their the Spanish Fork city
[1:08:10] bonds.
[1:08:14] » Any other questions for Mr. Ward on this
[1:08:17] subject?
[1:08:17] >> Garrett Gross has Mr. Gross.
[1:08:20] >> I I just handle the boring legal
[1:08:21] matters, but uh any any questions on the legal structure of of the LBA? I
[1:08:26] know you've the city and the authority
[1:08:29] have issued uh well the authority excuse
[1:08:32] me has issued lease revenue bonds before
[1:08:34] on behalf of the city but any any
[1:08:36] questions there I'm like I said I'm
[1:08:38] Garrett Gross from Gilmore Bell you're
[1:08:39] probably familiar with some of my
[1:08:41] colleagues Randy Larson Brad Patterson
[1:08:44] Aaron Wade I started with the firm about
[1:08:46] two years ago after working 14 years
[1:08:49] inhouse at Zans's bank so
[1:08:52] >> Garrett what's been your experience
[1:08:53] between having two three or four
[1:08:56] individuals.
[1:08:57] >> But, uh, it just it sort of depends in
[1:09:01] terms of what you want in terms of the
[1:09:04] decision- making. You know, do you want,
[1:09:06] you know, and safeguards around the
[1:09:09] decision- making, making sure that it's,
[1:09:10] you know, sort of been vetted out
[1:09:12] amongst a wide range of people. For for cities, typically
[1:09:18] two has been the max. for sometimes more
[1:09:21] complex authorities. I've seen, you
[1:09:23] know, the three or four kind of being the threshold. The the downside to
[1:09:28] having more is obviously if you're
[1:09:31] trying to make some decisions quickly,
[1:09:33] trying to get, you know, everybody, you
[1:09:35] know, on board in terms of availability,
[1:09:38] right, on quick decision- making. So,
[1:09:40] you know, it's sort of what you feel
[1:09:42] comfortable in in the middle of that. To
[1:09:44] me, typically what I've seen the most of
[1:09:46] is two, right?
[1:09:49] mo most of in terms of not most upper
[1:09:52] threshold but most common.
[1:09:58] » Thank you, Mr. Gross. Appreciate that.
[1:10:01] Um,
[1:10:03] >> yeah, I'll just speak to this off the
[1:10:06] cuff a little bit, but I think uh
[1:10:08] obviously our city manager and our
[1:10:10] finance director
[1:10:12] uh should be a couple of those
[1:10:14] positions. Um, I've sat on that for the
[1:10:17] other a couple other issuances, but uh,
[1:10:21] happy if anybody else wants to join me
[1:10:24] on that. You guys can all leg wrestle
[1:10:26] for it if you'd like. I don't know, but
[1:10:28] >> I don't know. President/chair sounds
[1:10:29] like it seems like that's right
[1:10:31] >> enough authority.
[1:10:32] >> No, it sounds right up your alley.
[1:10:33] >> Oh. Oh, yeah.
[1:10:35] >> I don't think we need four.
[1:10:37] >> No, I
[1:10:37] >> I'm even comfortable with the two, but
[1:10:40] unless you
[1:10:43] >> What do you guys think? I am too.
[1:10:46] >> I'm not comfortable with two. I think
[1:10:47] that
[1:10:48] >> the amount of flexibility that we've
[1:10:51] given are going to give tonight requires
[1:10:53] a little bit more oversight than
[1:10:55] >> and and I think that the elected
[1:10:57] officials
[1:10:59] >> should be equal to the staff members on
[1:11:02] it. So, I'm leaning more towards four,
[1:11:04] which would be you two and those two.
[1:11:08] >> I was trying to not
[1:11:10] >> I know if if you don't want to and and
[1:11:12] so I mean I would do it. I have no
[1:11:14] problem. But I I like the idea of
[1:11:16] because of the range that we're giving
[1:11:18] here. It's there's a lot of flexibility
[1:11:21] in this resolution. Not I don't think we
[1:11:24] have given that much flexibility before.
[1:11:26] I like the idea of not having to come
[1:11:29] back to this body every single time to
[1:11:30] make the make the decision. So I like
[1:11:32] the expedience this is going to to give
[1:11:35] us. Um but I like to put some of our
[1:11:38] butts on the line a little bit and and
[1:11:40] make us accountable. like it's two of us
[1:11:42] and one or two staff members.
[1:11:47] » That was going to be my only additional
[1:11:49] suggestion is it's typically good to
[1:11:50] have at least one of, you know, a
[1:11:53] balance of of each, right? If you're
[1:11:55] going to have some elected officials,
[1:11:57] maybe have at least one staff person
[1:11:59] there to, you know, administratively see
[1:12:02] things through, right?
[1:12:03] >> You're inferring that politicians would
[1:12:04] blame somebody other than themselves for
[1:12:06] something like this or something. Never
[1:12:08] happens.
[1:12:09] >> It never happens. ever. Ever. I I have
[1:12:12] much more trust in [laughter] city
[1:12:15] council of the LBA of Spanish Fork than
[1:12:17] that. I would never say such.
[1:12:19] >> Let me maybe for the sake of comfort of
[1:12:23] moving it along. The way the parameters
[1:12:25] resolution is written today, it doesn't
[1:12:26] say it's you and you. It just says four
[1:12:31] of any of the following. So it you don't
[1:12:33] have to designate anybody today. It can
[1:12:35] be uh you know when we get to that week
[1:12:37] even hey Shane's around. Stacy's not.
[1:12:41] We're going to use Shane and and the
[1:12:42] mayor or something like that.
[1:12:44] >> Shane that's not around.
[1:12:46] >> I'm sorry. I did not mean to open that
[1:12:48] door.
[1:12:48] >> I had to go there.
[1:12:50] >> You had to walk into it.
[1:12:51] >> But if you want to identify it, I'm sure
[1:12:53] you can. But the way it's written now,
[1:12:55] it gives you the flexibility to to
[1:12:57] identify them in that moment or closer
[1:12:59] to that moment and then just say that
[1:13:02] it's going to be four of any of the
[1:13:03] following or three of any of the
[1:13:04] following.
[1:13:04] >> So are you recommending leaving three or
[1:13:06] four in the in the text?
[1:13:08] >> I would not leave three or four. I would
[1:13:10] choose three or
[1:13:11] >> or four, but then leave
[1:13:13] >> but you don't have to decide who those
[1:13:15] three or four are.
[1:13:16] >> Yep. Because it's following
[1:13:18] >> and put that in the motion.
[1:13:21] >> Yep.
[1:13:22] Okay. Makes sense.
[1:13:24] >> Good discussion. Good questions. Any
[1:13:26] other questions or comments about that?
[1:13:30] >> No.
[1:13:31] >> Okay. I think that's a good
[1:13:33] recommendation. And and uh if somebody's
[1:13:35] ready to make a motion, uh put it put it
[1:13:37] in that motion.
[1:13:43] » What is this body called?
[1:13:46] >> It's a local building authority.
[1:13:47] >> Not this body. the the three or four
[1:13:51] >> uh designated officers.
[1:13:53] >> Designated officers.
[1:13:55] >> Say that twice.
[1:13:56] >> Designated officers. Yep. So the top
[1:13:59] line of the second page there is the
[1:14:00] designated officers.
[1:14:03] >> You got it. Sh these officers.
[1:14:06] >> I'll give it a shot. All right. I move
[1:14:08] to approve the parameters resolution of
[1:14:10] the local building authority of Spanish
[1:14:11] Fork City Utah authorizing the issuance
[1:14:14] and sale of not more than 83 million
[1:14:16] aggregate principal amount of leasing
[1:14:20] revenue and refinding and refunding
[1:14:22] bonds
[1:14:23] and four people on the governing board.
[1:14:28] Is that what you said?
[1:14:29] >> Designated officers
[1:14:31] >> be defined as four. I did not have it
[1:14:34] but I do now.
[1:14:35] >> You do now.
[1:14:37] That's why Joshua's here. He can help
[1:14:38] clean that up. Thank you.
[1:14:40] >> Yeah, I'll second Jesse.
[1:14:42] >> Motion made by Trustee Marshall,
[1:14:45] seconded by Trustee Oiler. This is a
[1:14:47] roll call vote. Trustee Carden,
[1:14:50] >> yes.
[1:14:50] >> Trustee Tuk,
[1:14:51] >> yes.
[1:14:51] >> Trustee Marshall,
[1:14:53] >> yes.
[1:14:53] >> Trustee Beck,
[1:14:54] >> yes.
[1:14:54] >> And trustee Oiler,
[1:14:55] >> yes.
[1:14:58] >> Parameters resolution of the LBA of
[1:15:00] Spanish Fork is approved. I would
[1:15:03] entertain a motion uh to
[1:15:06] uh adjourn from the LBA.
[1:15:09] >> Can we put those together, Tara? Or
[1:15:11] >> Josh? Okay. I move to adjourn from LBA
[1:15:13] and reconvene back into city council to
[1:15:15] continue new business item B.
[1:15:18] >> Motion made by Trustee Carden.
[1:15:21] >> Second.
[1:15:22] by Trustee Marshall. All in favor
[1:15:24] say yes.
[1:15:25] >> Yes.
[1:15:25] >> We're adjourned from LBA and back to
[1:15:28] city council meeting. Manage your
[1:15:30] parents.
[1:15:30] >> Yeah. Thank you. We'll move on to the
[1:15:31] last item of the agenda. But before we
[1:15:33] do that, maybe a little show and tell.
[1:15:34] Terra, do you have those resolutions
[1:15:36] handy right there? Would you
[1:15:37] >> Would you put
[1:15:38] >> Yeah, just put that just set that on the
[1:15:41] Don't put it too far. We don't want it
[1:15:43] to fall.
[1:15:45] Maybe if Travis can zoom in on that
[1:15:47] piece of that pile of paper. Um, that's
[1:15:51] one of the resolutions that you just
[1:15:53] approved and you're going to approve or
[1:15:55] review another one. Um, that thick stack
[1:15:58] of papers. There's a number of exhibits.
[1:16:00] I can't remember what letter we got to
[1:16:01] in the exhibits, but I feel like it was
[1:16:03] in the latter half of the alphabet.
[1:16:04] >> I remember a K.
[1:16:05] >> Yeah, I do remember a K. Um, but uh
[1:16:10] highly technical work when you go
[1:16:12] through these uh bond offerings, you
[1:16:14] know, anytime I think you're talking
[1:16:15] about millions of dollars, the world
[1:16:17] wants to make sure do it right. And so
[1:16:19] we appreciate the the legal work. Uh and
[1:16:22] honestly, I appreciate Tara. I walked
[1:16:24] into her office and and she's got a a
[1:16:26] little workspace that she was on and she
[1:16:29] had the printer just going. There's a
[1:16:30] little bit of smoke coming out of it. Uh
[1:16:33] she was gathering everything and and
[1:16:34] making going off of a kind of a
[1:16:37] blueprint looking for this and she would
[1:16:39] find this and put it here and find this
[1:16:40] and put it there and a lot of
[1:16:42] reshuffleling and shuffling again and um we really appreciate that work.
[1:16:46] So anyways, that's that's one of the
[1:16:48] resolutions that we approved tonight.
[1:16:51] for those that are watching um online
[1:16:53] and and here in the room, the process
[1:16:56] that you've gone through is kind of
[1:16:59] unusual and and some people might wonder
[1:17:01] what the heck are they doing going into
[1:17:03] this other group and this other body
[1:17:04] that um and I think it's helpful to to
[1:17:07] maybe remind the public that as a city
[1:17:09] council, everybody knows you as
[1:17:11] Councilman so and so or councilwoman
[1:17:13] such and such and mayor so and so, but
[1:17:17] you also are the trustee of
[1:17:21] uh an LBA or a board member of an RDA,
[1:17:23] Spanish Fork has at least three legal
[1:17:25] entities that it is. And so uh when you
[1:17:30] have an agreement, when you when you go
[1:17:32] do something as the local building
[1:17:34] authority, the LBA,
[1:17:37] you're going to do it on behalf of the
[1:17:39] city. So now you have to have an
[1:17:40] agreement with yourself.
[1:17:44] One legal entity, the LBA, now has to
[1:17:46] have an agreement with the city of
[1:17:48] Spanish Fork. It's all you, but you're
[1:17:51] going to take off the one hat you had on
[1:17:53] and you're going to put on another. And
[1:17:55] so now we're going to go through a
[1:17:56] fairly similar process. It's not exactly
[1:17:59] the same, but another document about the
[1:18:01] exact same thing. But this document is
[1:18:02] the relationship between the city and
[1:18:05] the LBA. Um, it's a different document.
[1:18:10] It's not the same, but it's about the
[1:18:12] same thickness. Um, so with that, I'm
[1:18:14] gonna let either Jonathan or Garrett arm
[1:18:16] wrestle over who gets to talk about what
[1:18:17] this is and then we'll go from there.
[1:18:22] So that that was actually uh very very
[1:18:25] well wellstated. Um, because of those
[1:18:28] relationships, under state law, the
[1:18:31] local building authority does not have
[1:18:34] the power to do much of anything except
[1:18:36] the power that's derived to it from from
[1:18:39] the city council. Right. So part part of
[1:18:42] why the the city council has to then
[1:18:44] approve all actions they they first have
[1:18:46] to approve all actions of the local
[1:18:49] building authority after they've they've
[1:18:50] been taken. They have to ratify those.
[1:18:53] And then a lot of the agreements, the
[1:18:55] legal agreements, part of the lease
[1:18:57] revenue bond structure are between the
[1:19:00] city and the local building authority.
[1:19:03] With the city agreeing to make lease
[1:19:05] payments to the authority who the local
[1:19:07] building authority, an entity created
[1:19:10] under state law, then assigns those
[1:19:11] lease payments to to a bond trustee to
[1:19:15] make those payments uh to to bond
[1:19:18] holders. Um and and so that's why um not
[1:19:22] only does the city have to approve all
[1:19:25] the actions of the LBA, but then it also
[1:19:27] has to approve of its own right the the
[1:19:29] bond documents themselves and and the
[1:19:31] legal agreements that have been drafted
[1:19:33] there to which the city is a party.
[1:19:37] The other aspect of this is that when
[1:19:40] offering these bond documents or
[1:19:42] offering bond documents, these bonds to
[1:19:44] the public, the city legally under the
[1:19:47] SEC rules has to make certain legally
[1:19:49] required disclosures to the public about
[1:19:52] essentially its its financial condition
[1:19:55] and certain certain other ma certain
[1:19:57] legal matters, tax matters,
[1:20:00] etc. And so in doing so the the
[1:20:03] authority typically does not have the ability. I mean it can and it can be
[1:20:09] dele but under SEC rules the the
[1:20:12] appropriate entity that makes a lot of
[1:20:14] the representations and enters into what
[1:20:16] we call a disclosure undertaking is
[1:20:19] typically the entity whose credit the
[1:20:21] investors are looking at which
[1:20:23] ultimately even though the authority is
[1:20:25] the obligor or the issuer of these bonds
[1:20:29] the the ultimate credit that the
[1:20:31] investors are looking to are are the
[1:20:33] cities and so that's why the city then
[1:20:35] approves a few addition additional
[1:20:38] documents. One one of which being the
[1:20:40] offering document as well as what we
[1:20:43] call a continuing disclosure undertaking
[1:20:45] where it agrees with the public to to
[1:20:47] let the public know if certain material
[1:20:50] events take place throughout the the
[1:20:53] life of the of the repayment of the
[1:20:55] bonds. We don't think that, you know, is going to happen based on
[1:20:59] the the wowing credit factors that
[1:21:02] Jonathan just just uh indicated that the public markets think of the city and and the way that things have been
[1:21:09] managed. But legally, of course, we're
[1:21:13] chicken little as lawyers. The sky is
[1:21:15] falling. We have to deal with case
[1:21:18] scenario. So, any questions with that?
[1:21:23] And I and I apologize after the, you
[1:21:25] know, I should have in advance to Tara
[1:21:28] and Seth for the amount of documentation
[1:21:31] that we inundated them with and then
[1:21:34] [clears throat] tried to explain the
[1:21:35] order verbally and and I figure, you
[1:21:38] know, I I there is so much here, you
[1:21:41] know, we we had to clarify it a couple
[1:21:43] times in writing and and I do not blame
[1:21:45] them in the lease. There is a lot to
[1:21:48] sort of swallow and digest with with
[1:21:50] these lease revenue bonds. Any with that
[1:21:53] said, any questions?
[1:21:54] >> Any questions for Mr. Gross?
[1:21:59] The financial world, we're still signing
[1:22:01] paper and faxing at places. So, I mean,
[1:22:04] the age of AI has not got there yet.
[1:22:08] >> We're slowly progressing.
[1:22:11] >> Thank you.
[1:22:12] Garrett. Appreciate it. Thank
[1:22:14] you, Jonathan. Anything else, Jonathan,
[1:22:15] that you need to add? manage your
[1:22:18] parents.
[1:22:21] Jordan Hails, anything?
[1:22:25] » I I don't understand it well enough to
[1:22:27] speak. [laughter]
[1:22:29] This is quite complex stuff. So, I'll
[1:22:31] leave it to the the professionals here.
[1:22:33] >> Okay. That's why we pay the
[1:22:34] professionals, but you are a
[1:22:36] professional finance director, so we
[1:22:37] appreciate your we appreciate your
[1:22:40] involvement, too. Okay. Uh any other
[1:22:43] questions? If there's none from the
[1:22:45] council, I'd uh I'd entertain this
[1:22:47] motion that is back in the uh council uh
[1:22:52] the council agenda.
[1:22:58] And again, I think that was a great way
[1:23:00] of putting it, but mirrors what we
[1:23:02] already discussed in the LBA, but you're
[1:23:05] relying on the on the credit of of the
[1:23:08] city ultimately. So, we're making the
[1:23:10] same resolution
[1:23:12] inside the the city council body. Now
[1:23:16] >> I move to approve the resolution of the
[1:23:18] city council of Spanish Fork City, Utah,
[1:23:20] authorizing and approving the execution
[1:23:22] and delivery of a master lease agreement
[1:23:25] and a ground lease agreement by and by
[1:23:28] and between the city and the local
[1:23:30] building authority of Spanish Fork City,
[1:23:32] Utah, authorizing the issuance and sale
[1:23:35] by the authority of not more than 83
[1:23:37] million aggregate principal amount of
[1:23:40] lease revenue and refunding bonds and
[1:23:42] related matters.
[1:23:44] Second
[1:23:45] >> motion made by Councilman Oiler, second
[1:23:48] by Councilwoman Beck. A roll call vote
[1:23:50] here. Councilman Oiler,
[1:23:51] >> yes.
[1:23:52] >> Councilman Carden, yes.
[1:23:53] >> Councilman Tuk,
[1:23:53] >> yes.
[1:23:54] >> Councilman Marshall, yes.
[1:23:55] >> And Councilwoman Beck,
[1:23:56] >> yes.
[1:23:57] >> Okay. Item A of new business is
[1:23:59] approved.
[1:24:01] So, with that, I think it's maybe worth
[1:24:03] highlighting that that in these
[1:24:05] resolutions, specifically the parameters
[1:24:07] resolution, we did set uh the date of a
[1:24:09] public hearing for a month from now in
[1:24:10] the council meeting in July. We can take
[1:24:13] public comment uh on that. I think we
[1:24:15] put notice actually I think this one
[1:24:17] actually still has notice in the
[1:24:18] newspaper in addition to whatever
[1:24:22] >> there's actually two hearings a new one
[1:24:24] that was also added requirement under
[1:24:27] state law
[1:24:27] >> here. Come back up. Come up here.
[1:24:30] >> So So unfortunately as part of this new
[1:24:32] 2024 amendment to lease revenue uh
[1:24:35] bonds, there will actually be two
[1:24:37] hearings that serve two slightly
[1:24:40] different purposes. I think they're very
[1:24:42] redundant in my opinion, but you know,
[1:24:45] um, don't quote, you know, don't quote
[1:24:47] me on that too.
[1:24:48] >> You just got quoted.
[1:24:48] >> I know [laughter]
[1:24:50] that meeting. I'm on the record. They
[1:24:52] are a little bit redundant, but it is an
[1:24:53] opportunity to provide
[1:24:55] the public full disclosure of not only a
[1:24:57] bond being issued, but a specifically
[1:24:59] nonvoted on leash revenue bond. And so,
[1:25:02] they can't be held concurrently,
[1:25:04] unfortunately, under state law. So they
[1:25:06] can be held, you know, consecutively on
[1:25:07] the on the same evening, but they serve
[1:25:10] two slightly different functions.
[1:25:12] >> That's another legislation re recently.
[1:25:14] >> That's that's part of the new 2024 ads.
[1:25:16] >> Same one.
[1:25:19] >> So just like tonight, thank you,
[1:25:20] Garrett. Just like tonight where you had
[1:25:22] back-to-back public hearings on the
[1:25:23] budget, then one on the dividend. You'll
[1:25:24] have two, [clears throat]
[1:25:26] excuse me, back-to-back public hearings
[1:25:28] in uh the July, I think it's July 7,
[1:25:31] that first Tuesday in in July. Uh so
[1:25:34] we'll have that and then after that as I
[1:25:37] mentioned the the plan unless something
[1:25:40] changes that that we would uh finalize
[1:25:44] everything and go to the bond market in
[1:25:46] this late winter early spring of 2027.
[1:25:51] But we will watch it with the uh with
[1:25:54] our financial adviserss and watch the
[1:25:56] markets and if there's a reason to go
[1:25:57] faster, we will come to you quickly and
[1:26:00] tell you, hey, this is what's going on
[1:26:02] or we'll communicate with you in some
[1:26:03] way. U I don't anticipate that'll
[1:26:05] happen, but it certainly can. We saw
[1:26:08] that in 2021. We saw that in 2022.
[1:26:11] Um and so I think this gives us that
[1:26:13] flexibility. Again, if and if nothing
[1:26:16] changes, the plan is that we would
[1:26:18] exercise uh the authority given today in
[1:26:21] the late winter, early spring of 2027.
[1:26:25] But if something else changes, we'll
[1:26:26] communicate that.
[1:26:27] >> Sorry, I missed it. When would that
[1:26:28] public hearing be then?
[1:26:29] >> The public hearing is a month from now.
[1:26:30] The first council meeting, actually the
[1:26:32] only council meeting in July, but July
[1:26:33] 7th.
[1:26:34] >> Okay, perfect.
[1:26:34] >> Yep. [clears throat]
[1:26:36] >> Okay, that's it.
[1:26:38] >> Your fiesta's
[1:26:40] council meeting.
[1:26:43] >> Yep. We only have one in July.
[1:26:46] >> All right.
[1:26:46] >> Okay.
[1:26:47] >> Which one?
[1:26:48] >> Very good. Any other items, council,
[1:26:50] that needs to come before this body
[1:26:52] tonight?
[1:26:54] We've already had a close session uh
[1:26:56] before council meeting. So, if there's
[1:26:58] nothing, I'd entertain a motion to
[1:26:59] adjurnn.
[1:27:00] >> So moved.
[1:27:01] >> Motion made by Councilman Carden.
[1:27:03] >> Second.
[1:27:03] by Councilman Tuk to adjurnn. All
[1:27:05] in favor say yes.
[1:27:06] >> Yes.
[1:27:07] >> We're adjourned from city council
[1:27:08] meeting. Thank you everybody for joining
[1:27:09] us.
[1:27:09] >> Yes.