1 00:00:02,770 --> 00:00:05,150 Okay, we're good to go. 2 00:00:10,570 --> 00:00:34,410 David, do you have your materials with it to call the meeting to order? Do you want one of us to do it? Is Eric the chair of this one? That's correct. I think so. I would love it if you can do it. I can read off this if that works. You've got it. Okay. Yeah, I can see on the on the screen. 3 00:00:35,210 --> 00:00:39,610 as the chair of the Board of Trustees of the Trappers Loop Water Improvement District. 4 00:00:39,870 --> 00:00:46,370 I hereby call this regular meeting of the Board to order at 2 p.m. on May 4th, 2026, 5 00:00:46,710 --> 00:00:51,870 at the office of the district located at 3825 East Somers Road, Huntsville, Utah, 6 00:00:52,730 --> 00:00:57,250 84317, and compliance with requirements of Utah's open and public meetings law. 7 00:00:57,510 --> 00:01:02,590 Notice of this meeting has been duly posted and published, and this meeting is being recorded in 8 00:01:02,590 --> 00:01:07,390 minutes of the meeting and its entirely are being kept in compliance with the Americans 9 00:01:07,390 --> 00:01:11,750 with Disability Act, individuals needing special accommodations, including auxiliary 10 00:01:11,750 --> 00:01:20,330 communicative aids and services during this meeting should notify Reagan Mansfield 8-01620-105-3, 11 00:01:20,910 --> 00:01:22,810 at least 24 hours prior to this meeting. 12 00:01:27,070 --> 00:01:32,210 For the record, we would like to recognize those present from the Board of Trustees and staff, 13 00:01:32,210 --> 00:01:42,190 my self-arrogate-hearned trustee chair. We have trustee, Davey Rashford, trustee, Ryan Wolsey, 14 00:01:42,530 --> 00:01:51,110 District Clerk, Reagan Mansfield, Brent Rose Legal Counsel, and from district management, 15 00:01:52,550 --> 00:02:01,480 CLA, who do we have, President? Nick Carlson. Nick Carlson, and Reagan or Wolsey, 16 00:02:01,480 --> 00:02:03,020 Do we have any public present? 17 00:02:04,000 --> 00:02:04,860 We do not. 18 00:02:06,360 --> 00:02:10,540 And is there any public on the team's call? 19 00:02:11,160 --> 00:02:11,800 There is not. 20 00:02:15,310 --> 00:02:15,910 This is, Brian. 21 00:02:16,010 --> 00:02:17,330 I just point out one thing. 22 00:02:17,410 --> 00:02:23,650 I don't know who, who princes, I guess you do, Nick, but legal counsel, counsel's misspelled. 23 00:02:24,490 --> 00:02:25,590 It sure is. 24 00:02:25,970 --> 00:02:26,950 Sorry about that. 25 00:02:27,310 --> 00:02:27,830 That's okay. 26 00:02:31,610 --> 00:02:31,930 I voted. 27 00:02:33,110 --> 00:02:33,750 All right. 28 00:02:33,910 --> 00:02:35,990 As we can move into meeting business. 29 00:02:35,990 --> 00:02:36,990 our agenda. 30 00:02:40,140 --> 00:02:44,780 First item is a disclosure of conflicts of interest. Brent, have 31 00:02:44,780 --> 00:02:48,580 those been filed? Yeah, yeah, this is just our, there are any 32 00:02:48,580 --> 00:02:53,300 matters on the agenda today that would cause any one of the board members to 33 00:02:53,300 --> 00:02:57,060 have a conflict of interest. And if there aren't, then we move on to the next 34 00:02:57,060 --> 00:02:57,260 night. 35 00:03:00,880 --> 00:03:05,240 Okay, hearing none, we can move on. Next item is public input. 36 00:03:10,940 --> 00:03:11,380 Seeing 37 00:03:11,380 --> 00:03:17,860 consent agenda is the next item we have two items on that the approval of the 38 00:03:17,860 --> 00:03:27,140 February 2nd 2026 meeting minutes and the claims totaling $3,858.9 we can 39 00:03:27,140 --> 00:03:32,020 approve those together or separately whichever the board would prefer. 40 00:03:32,700 --> 00:03:35,540 This brand I suggest to do them separately. I 41 00:03:39,800 --> 00:03:41,420 had a chance to look at the 42 00:03:41,420 --> 00:03:43,000 minutes from February. 43 00:03:46,190 --> 00:03:52,770 If so, I'll make a motion to accept the minutes from the 44 00:03:52,770 --> 00:04:01,850 February 2nd, 2026 meeting. We'll second that motion. We'll see. All those in 45 00:04:01,850 --> 00:04:09,850 favor? All right. Motion passes. Next is the approval of the claims. 46 00:04:17,360 --> 00:04:24,440 three thousand eight hundred fifty eight dollars and nine cents correct just two checks have 47 00:04:24,440 --> 00:04:26,280 been issued yet I 48 00:04:28,840 --> 00:04:37,130 will put forward emotion to approve the claims wait yep there is a need for 49 00:04:37,130 --> 00:04:49,780 emotion on that correct yes all second motion thank you Eric all those in favor all right all right 50 00:04:49,780 --> 00:04:54,660 Moving on, we have public hearings. As far as I know, there's no need for a public hearing today. 51 00:04:55,640 --> 00:05:00,280 Brent, Brett, and you concur. All right. We have no administrative matters. 52 00:05:01,660 --> 00:05:07,800 We do have the March 31st, 2026, unaudited financial statements enclosed in the packet. 53 00:05:08,360 --> 00:05:12,460 I'm not Shelby, but I'm going to pretend to be her today. She's under the weather. 54 00:05:13,000 --> 00:05:14,760 So I will review those with you all. 55 00:05:16,260 --> 00:05:21,100 You can see we have just over a million dollars in the Capital Projects Fund, 56 00:05:21,720 --> 00:05:29,220 $13,000, almost $14,000 in the General Fund, just shy of $16,000 in accounts payable, 57 00:05:30,640 --> 00:05:39,020 leaving you with a fund balance of $13,885 in the General Fund, just over a million dollars 58 00:05:39,020 --> 00:05:43,760 in Capital Projects Fund, and a million overall after you back out those expenditures. 59 00:05:47,840 --> 00:05:52,920 Moving on to the general fund, you can see the actuals through March 31st, 60 00:05:52,920 --> 00:05:58,980 of sitting at just about $4,000 in expenditures over a budget of $54,000. 61 00:06:00,680 --> 00:06:05,820 We have received one developer advance in the totaling $1885 62 00:06:06,580 --> 00:06:10,700 against an annual budget of $54,000. That 63 00:06:15,590 --> 00:06:18,810 is the end. I'm sorry, we have the capital projects fund. 64 00:06:18,810 --> 00:06:22,590 Really no movement in the capital projects fund, no expenditures incurred to date. 65 00:06:22,810 --> 00:06:28,730 There has been $125 of interest accrued, leaving you with that ending fund balance of 66 00:06:29,810 --> 00:06:36,570 $1,5,476.49. Are there any questions on the financial statements? 67 00:06:37,250 --> 00:06:42,030 This is brand. Is anybody checked with, and I'm not even sure who you check with, 68 00:06:42,030 --> 00:06:49,730 to see if if that million dollars is still okay to be sitting there on the 69 00:06:49,730 --> 00:06:54,410 words you know are they gonna is this taking a want that back I can double check 70 00:06:54,410 --> 00:07:00,070 was shall be on that okay so we out we just want to out of check that and see 71 00:07:00,070 --> 00:07:06,890 at what point it becomes in jeopardy when we when we made this application for the 72 00:07:06,890 --> 00:07:16,610 grant on this, there was a contemplation that would be done in some reasonable period of time, 73 00:07:16,610 --> 00:07:23,610 and I don't know if we've sort of gone beyond reasonable or not. We have to just look at that. 74 00:07:23,990 --> 00:07:29,110 You kind of hate to call the state and say, we still okay because it just prompts them on it, 75 00:07:29,170 --> 00:07:33,010 but on the other hand, you know, we wouldn't want to get a letter that says, oh, by the way, 76 00:07:35,190 --> 00:07:39,090 we're going to require up to be paid back, I don't know. 77 00:07:40,410 --> 00:07:44,410 Yep, let me touch base with Shelby and we'll get some clarity on that. 78 00:07:44,950 --> 00:07:45,230 Okay. 79 00:07:47,340 --> 00:07:50,680 Are there any other questions on the quarter one financial statements? 80 00:07:56,100 --> 00:07:57,320 Sorry, go ahead. 81 00:07:57,680 --> 00:07:58,660 Yep, all good. 82 00:08:00,240 --> 00:08:03,800 If there are no questions, just a motion and a second to accept those. 83 00:08:04,920 --> 00:08:13,720 I'll make a motion to accept the financial statements of March 31st, 2026 for 84 00:08:13,720 --> 00:08:16,440 Trappers Loop Water Improvement District. 85 00:08:17,540 --> 00:08:19,380 I will second that motion. 86 00:08:20,960 --> 00:08:22,160 Thank you all in favor. 87 00:08:24,780 --> 00:08:27,260 All right motion passes. 88 00:08:27,980 --> 00:08:30,040 Moving on legal matters. 89 00:08:30,220 --> 00:08:31,300 We don't have anything on the agenda. 90 00:08:31,300 --> 00:08:33,320 and Brent any updates to provide this morning? 91 00:08:33,720 --> 00:08:35,340 No, not for trappers. 92 00:08:36,500 --> 00:08:36,740 OK. 93 00:08:37,800 --> 00:08:39,700 We have nothing for manager matters. 94 00:08:39,900 --> 00:08:42,880 Is there any other business for the trappers loop meeting 95 00:08:42,880 --> 00:08:43,720 this morning? 96 00:08:47,530 --> 00:08:50,830 Can I ask a question any further movement from the owners 97 00:08:51,690 --> 00:08:53,450 about moving forward with anything 98 00:08:53,450 --> 00:08:56,290 or everything still on all the way it's been? 99 00:08:57,490 --> 00:09:01,630 So we are currently in the process of working with SE 100 00:09:01,630 --> 00:09:08,550 group on a couple of different initiatives that we will be presenting in a preliminary fashion 101 00:09:08,550 --> 00:09:16,510 to the board in early June. That would, nothing in the sense of lodging in that regard, 102 00:09:16,910 --> 00:09:22,530 but assets around the resort. So we don't have a, we have a couple of scenarios that will be 103 00:09:22,530 --> 00:09:26,990 presenting in early June and hopefully hear something soon after that. 104 00:09:27,550 --> 00:09:34,510 Yeah, okay, you might just, Dave, you might just be thinking about what we can do with 105 00:09:34,510 --> 00:09:39,910 that million dollars. I know we, I'm trying to remember what we got that for. I was 106 00:09:39,910 --> 00:09:42,890 well, I think. I think it was sewer improvement. 107 00:09:43,230 --> 00:09:47,870 Sew that with the sewer improvement. That's correct. And, and obviously, we're not putting 108 00:09:47,870 --> 00:09:54,510 a pipeline down there, down to, down to green. But the question is, is that even still a possibility? 109 00:09:54,510 --> 00:09:56,310 We have to be looking at that, but there's a risk. 110 00:09:56,910 --> 00:09:59,210 And if not, then maybe we ought to be talking to states 111 00:09:59,210 --> 00:10:00,430 if we can use it for something else. 112 00:10:01,050 --> 00:10:05,030 So my understanding is Kate on our governmental relations 113 00:10:05,030 --> 00:10:10,530 team was going to be working on how could we use that money 114 00:10:10,530 --> 00:10:16,010 in a different way, if it's what the scope of that money 115 00:10:16,010 --> 00:10:16,850 can be used for. 116 00:10:17,110 --> 00:10:19,350 I'm unaware of the specifics of that yet, 117 00:10:19,370 --> 00:10:21,890 but we totally agree is if it's not, 118 00:10:21,890 --> 00:10:27,170 if it does not have to be used towards the mountain green sewer connection, but in some other fashion, 119 00:10:28,150 --> 00:10:32,790 we would be very keen to understand what that would look like. So we totally agree with you 120 00:10:32,790 --> 00:10:36,950 and that's an area follow up that we need to have. Yeah, I can't remember. There was a guy 121 00:10:39,270 --> 00:10:45,830 that we were working with. There was a consultant with the state that kind of helped us get the grant 122 00:10:45,830 --> 00:10:48,810 and kind of walked us through the process and all that stuff. 123 00:10:50,170 --> 00:10:52,390 And I just can't remember his name. 124 00:10:55,490 --> 00:10:58,750 But we can probably find it somewhere. 125 00:10:59,290 --> 00:11:02,690 Yeah, I can reach out to Jim Hill too and see if there's, 126 00:11:02,910 --> 00:11:05,710 if he has that contact with Jim was very involved in that. 127 00:11:05,770 --> 00:11:07,030 Well, Jim was totally involved. 128 00:11:07,130 --> 00:11:08,150 He had, yeah. 129 00:11:09,490 --> 00:11:13,370 He was working with this other fellow that his name I can't remember 130 00:11:13,370 --> 00:11:18,550 or really kind of shepherd it through what is sort of said what we couldn't do without 131 00:11:18,550 --> 00:11:22,370 the money. So maybe Kate, that would be a good contact for Kate to make if we can get 132 00:11:22,370 --> 00:11:25,930 his name. I'll work on that. Okay. 133 00:11:29,670 --> 00:11:31,230 Anything else to discuss this afternoon? 134 00:11:35,920 --> 00:11:36,780 I'll make a 135 00:11:36,780 --> 00:11:45,340 motion to adjourn, trapper's loot, water, improvement district, board of trustee's board 136 00:11:45,340 --> 00:11:49,520 board meeting today and Monday May 4, 2026. 137 00:11:51,780 --> 00:11:52,720 Is there a second? 138 00:11:53,240 --> 00:11:54,080 I'll second that. 139 00:11:55,980 --> 00:11:57,020 All in favor? 140 00:11:58,600 --> 00:11:59,200 Aye. 141 00:12:00,180 --> 00:12:01,600 All right, we are adjourned.