[This transcript was generated automatically from audio using AI and hasn't been reviewed by a person -- it can contain mistakes, including plausible-sounding sentences that were never actually said. Treat it as a starting point, not a verbatim record.]

[0:03] Should be good. All right. We're recording and starting with Jeremy Rickson, Susan Kafano on the line. We do have a quorum of the boards. It's 132 p.m., and then we'll call the meeting to order.
[0:22] Moving on to item one, be approval of the agenda. We would like to make one amendment to the agenda. Just everyone knows we would amend the agenda to include an approval item today. And then at the next board meeting we would
[0:35] And assuming that item is approved, we would include that to ratifying to ensure that it was posted on a posted agenda for public consumption.
[0:45] But we would like to amend the agenda to include item 2D, consideration and approval of quarter one payment details reports.
[0:53] Thank
[0:57] you.
[0:59] Thank you so much.
[1:00] Thank you, Amanda agenda. Thank you. Second, first and second, all in favor say aye.
[1:07] Aye.
[1:08] Thank you.
[1:10] Moving on to public comment for non agenda items. If there are any members of the public on the line, I would like to address the boards.
[1:16] Please say, can you do so now?
[1:21] Seeing and hearing none, there's no need for director comment. You can move on to action items.
[1:30] Starting with item two, a consideration or approval of the meeting minutes for December
[1:34] 19, 2025.
[1:36] Those minutes were included in the board, and I could free you if you have any questions
[1:40] let us know or if you'd like to make any changes, otherwise we would have our motion to approve
[1:43] those minutes.
[1:45] I move to approve.
[1:47] That's it.
[1:49] First and second.
[1:50] Long favor say on.
[1:51] Hi.
[1:53] Thank you.
[1:54] All right.
[1:54] And moving on to consideration and approval, I nodded in financial statements for the period
[1:58] in March 31st, 2026 that item was in your board packets and can be found on page five. Derek,
[2:09] is there anything would you like to review these financials for the boards?
[2:14] Yeah, I'd love to go ahead and jump to page seven. That's where we'll spend the focus. So
[2:21] we have the three different funds. You have the general fund, the debt service fund,
[2:26] in the projects fund. So, we'll look at those for the, we'll look at the revenues, the expenses,
[2:38] and then the ending fund balance. So, we're going to start on page seven there with the general
[2:44] fund. We're going to focus on the middle column, which is the actual through March 31st, 2026.
[2:55] So,
[2:56] the expenses through March 31st is about $7,000. Those are the administrative expenses of accounting
[3:06] and finance, district administration, and legal. That leaves an ending fund balance of
[3:15] $154,727.
[3:19] Then moving down to the next page, page 8, the debt service fund.
[3:25] And the revenues that you've received so far this year are $31,963 in those are interest
[3:34] earnings from the funds that are resting in those accounts.
[3:39] And then the expenses currently are at zero.
[3:42] Those will come out as scheduled in June and December as the bond payments are made.
[3:49] So those will show up on the next set of financials, you'll have some activity there.
[3:55] So currently the ending fund balance is $3,392, you can see it, $3,392,924.
[4:06] It's a lot different reading it out loud than just seeing it in your eyeballs, right?
[4:11] Yes.
[4:11] And then moving to the next page, page nine, currently revenues are a little bit of interest earnings $336.
[4:23] There are no expenditures in the capital funds. Ending balance is currently $35,024.
[4:32] So those funds were rolled over from the cost of issuance funds.
[4:37] So those those funds can be used for capital projects as they are incurred and the district can reimburse for those up to that point.
[4:50] So any questions on the financials for today?
[4:56] I don't have any questions. I've seen requisitions come through.
[5:01] Jeremy, do you have any questions?
[5:03] No.
[5:05] Okay. That's my presentation for today. Thank you, Derek. If there's no questions, we'd be looking for a motion to approve the another financial statements for the period ending March 31st, 2026.
[5:19] I'll move to approve the another financial statements for the period ending at 331, 26 second.
[5:28] Thank you.
[5:29] First and second, all in favor say that.
[5:31] Hi.
[5:33] Great.
[5:33] Moving on to the ratification of engagement
[5:36] of Klinger Hangerman for 2025 audience.
[5:39] Derek, would you be handling this one as well?
[5:42] Yeah, sure.
[5:43] So, 2025 transactions require that we have
[5:52] an audit of the financials.
[5:54] So that we were, we presented you with three different options that we had gone to bid and
[6:06] you chose Klinger Hagerman to be the auditor for the 2025 year and you've signed the contract.
[6:13] They've already been engaged and they're doing the work. So everything's moving forward.
[6:18] We just have to ratify that decision formally in this board meeting. So
[6:24] Okay, I moved to ratifying the engagement of Klinger Hagerman.
[6:29] I think you were the first and second on favor say hi.
[6:32] Hi.
[6:38] Jeremy, was that an eye for mules loan?
[6:40] Yes.
[6:42] Thank you.
[6:42] Just really quick.
[6:44] So moving on to item 2D.
[6:46] This is the amended item.
[6:48] This is consideration or approval of the quarter one payment details reports.
[6:52] We sent this out just before the meeting started that I'll bring it up on the screen to for your review.
[6:57] and I'll pass it there in one time to talk to you.
[7:01] Okay, this one is a report that you'll see each quarter now.
[7:05] Basically, it's just the payment or cash that comes out of the accounts.
[7:10] You just have to review those each quarter so that you can see the expenditures that are actually being paid.
[7:17] So this would speak to those requisitions that you mentioned season.
[7:22] So this is just a brief report that shows you the cash that came out of the
[7:26] the admin fund. And that would be reflected also on the financials there. So you'll see
[7:32] the payments to pinnacle consulting group and fear law group as well. So that's a very
[7:39] basic report today. Any questions? None for me. There's no questions. We're looking for
[7:48] a motion to approve the quarter one payment details reports. I move to approve the quarter
[7:53] when details, payment, report.
[7:57] Yeah, it's there a second.
[7:58] Second.
[8:00] First and second all in favor say aye.
[8:02] Aye.
[8:04] Aye.
[8:05] Nice.
[8:07] All that reps of our action items.
[8:10] Just one discussion item for the board today.
[8:15] If you're not familiar, House Bill 17.
[8:18] An amendment was passed to that.
[8:20] That changes how anchor locations work within Utah districts.
[8:26] The short of it is that if possible, the district needs to start hosting an anchor location
[8:34] within the bounds of the district.
[8:36] That's not possible, then the district will work to identify and hold an anchor location
[8:44] that is within a reasonable distance to the district.
[8:50] So moving forward, we need to make sure that we have a district anchor location that's
[8:56] and here's the House Bill 17, the new amendment.
[9:00] Jake did send out a couple of potential locations.
[9:06] But we have two spots that we were looking at.
[9:11] the Wasatch County Library and Heaver City Hall.
[9:17] We were just looking for the board and
[9:21] Zach's feedback, reflection thoughts on these locations, or if you have any questions
[9:25] about which few seconds.
[9:30] I don't have any questions. The, well, what does have a sales office?
[9:37] I don't know if you'd
[9:39] want to use that or if you'd prefer to use something like the County Library of City Hall.
[9:44] Okay.
[9:47] For public meeting, I doubt there'll be public attending, but to the extent there is a
[9:53] library or city hall location and may be preferred.
[9:58] Yeah, the sales office is on the property, Susan, is that what you were saying?
[10:02] Yes, it is.
[10:04] Okay. I mean, I don't think we're going to get many people attending, so I think we could
[10:08] use that but if you'd prefer we can use the county. Yeah is there any cost and use in the library
[10:15] the city hall?
[10:18] Jake did you get any kind of cost information when you were looking to
[10:22] those up or did you just identify locations? I did not get costing on there but being a governmental
[10:30] mental entity and at least talking to other, at least reviewing with other districts,
[10:41] usually they give sufficient discount and or just comp the fee as we're a governmental
[10:45] entity, but I would have to do some more research on that.
[10:50] I think we could just do the sales office as with that address and then if we start getting
[10:56] people showing up for meetings. We can always adjust if needed, but unless Susan board members
[11:03] have a different preference. It's near me. What do you think? I think it's going to be easier
[11:09] to post at the sales office. I doubt there'll be attendance. Okay. Okay. Let's do the sales
[11:19] office for now, I will make sure I get you that address.
[11:23] Thank you, Susan.
[11:24] Yeah.
[11:24] Come on.
[11:25] Perfect.
[11:26] And that does mean that somebody nearby will need to be on location, post that in a
[11:32] race the 24 hour timeline and be there during the meeting, just in case anyone does.
[11:39] Okay.
[11:40] Is there somebody, Susan, is that something that you could do?
[11:43] Is there somebody that's you would have probably talked to me?
[11:46] But Jeremy, is there is a yes. Okay. Yeah. Okay. So Jeremy, will you be in the main point of contact for those postings?
[12:02] Okay. Yeah. And see see me and I'll follow up as well.
[12:09] That would be wonderful. And Susan, just whenever you're going to chance to send that address.
[12:13] Okay.
[12:13] Yeah, we appreciate it.
[12:16] Perfect.
[12:17] Do you have any questions and any other comments or thoughts on the HP 17?
[12:22] No, not for me.
[12:24] Are there any other discussion items from the board or Zach?
[12:31] I know you're still waiting for the articles for the HOA.
[12:35] And I had emailed that I had thought that they had been.
[12:41] required file, but they had not been and we have a meeting scheduled because there are some decision items that need to be made with respect to the to the HOA.
[12:52] So I'll get those to you shortly.
[12:54] And I believe I've sent over all of the training certificates that are required.
[13:05] Okay, I appreciate that from all three of you were all good, but some of those certificates
[13:12] if I'm remembering correctly, I can actually check with the expire soon.
[13:19] So I don't think so.
[13:21] I sent you a second email that had the open up for 2026.
[13:26] Okay, I will double check that just to be okay, I'll double check that.
[13:30] Yes.
[13:30] Yeah, I said it later that evening or the next morning, so make sure you have those otherwise I'll send those over because that's the annual and we just went ahead and did them real quickly with easy for four questions.
[13:43] Perfect. I'm sure I probably have that and I might have just overlooked it.
[13:47] Okay, take a look and I'll give back to you.
[13:50] I can't find it.
[13:51] Okay, perfect.
[13:52] I just confirmed we have.
[13:53] I'm Brian.
[13:55] Perfect.
[13:55] Excellent.
[13:58] Okay, okay, anything else from the board or is that for discussion items or non-action items?
[14:06] No, nothing from me. Nothing from me. Thank you. All right, can I get a motion to adjourn the meeting at 146?
[14:15] I moved to adjourn the meeting at 146.
[14:18] Thanks.
[14:18] I second.
[14:19] Second.
[14:20] First and second.
[14:21] All in favor say.
[14:22] Hi.
[14:25] Yes.
[14:27] Thank you very much.
[14:29] Thanks everybody.
[14:30] Yes.
[14:30] Great.
[14:33] Thank you.
[14:34] Great.
[14:35] Thank you.