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  • Start Position
  • Chair Julie Fullmer began the meeting at03pm.
  • Lt. Holden Rockwell led a moment of silence for Police Sgt.Bill Hooser of the Santaquin Police department.
  • Anthony Jenkins presented on bike week and was awarded for his service on the Planning Commission by Chair Fullmer.          PRESENTATIONS/RECOGNITIONS/AWARDS/PROCLAMATIONS          CONSENT ITEMS  1.   Approvalof the/13/2023RDAMeeting Minutes  2.     Approvalof the/24/2024RDAMeeting Minutes
  • Motion: BOARDMEMBER SIFUENTES MOVED TO APPROVE CONSENT ITEMS1 AND2. BOARDMEMBER CAMERON SECONDED THE MOTION. CHAIR FULLMER, BOARDMEMBERS CAMERON, HOLDAWAY, AND SIFUENTES VOTED YES. BOARDMEMBER RASMUSSEN WAS EXCUSED. THE MOTION CARRIED WITH ONE ABSENT.            BUSINESSITEMS1.   DiscussionandAction-ProposedTentativeFiscalYear2024-2025 Budget RDA Director Josh Daniels will present the Tentative Fiscal Year24-2025 RDA Budget.TheRDABoardwillacttoadopt(ordeny)theproposedtentativebudgetand set a public hearing for May,24.
  • RDA Director Josh Daniels presented a general overview of the tentative budget.
  • Boardmember Holdaway asked about items listed in the budget and wanted to know if there was a way to get a more detailed breakdown. Mr. Daniels explained this was just a presentation of the tentative budget and that more specific line items would be included in any final budget documents.
  • Chair Fullmer outlined the timeline for finalizing the budget and the steps that were taken during the process of adopting a final budget, including a public hearing.
  • Boardmember Cameron wanted further discussion on the process. Chair Fullmer answered questions about the process and there was a discussion about the process before the vote for the motion was finished.        ADJOURNMENT   Chair Fullmer adjourned the meeting at30pm       MINUTES APPROVED ON:   CERTIFIED CORRECT BY:                        TONY LARA, DEPUTY CITY RECORDER
  • Motion: BOARDMEMBER SIFUENTES MOVED TO ADOPT THE PROPOSED TENTATIVE FISCAL YEAR24-2025 RDA BUDGET AS PRESENTED. WITH A PUBLIC HEARING SCHEDULED FOR MAYND24. BOARDMEMBER CAMERON SECONDED THE MOTION. CHAIR FULLMER, BOARDMEMBERS CAMERON AND SIFUENTES VOTED YES, AND BOARDMEMBER HOLDAWAY VOTED NO. BOARDMEMBER RASMUSSEN WAS EXCUSED. THE MOTION CARRIED WITH ONE ABSENT.
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Transcript

We're rolling. 00:00:16
All right, we are rolling, so I'm going to get this meeting started. Today is Wednesday, May 8th, 2024, and the time is 603. We're 00:00:18
gonna go ahead and start our meetings today and today we're gonna start with our Vineyard Redevelopment Agency board meeting. Umm, 00:00:25
let's start with a prayer and then we'll umm, do the Pledge of Allegiance and then we'll go from there. 00:00:33
Are you a kind of Heavenly Father? We're so grateful for the opportunity to gather together as a board in the city and the 00:00:43
community to work on things to create a beautiful community and quality of life for our families. And we are so grateful for those 00:00:50
that UMM sacrificed their lives to service us and serve us and take care of us and for the sacrifice that is to their families. 00:00:58
And we pray for them, and we hope that they have what they need as they continue to. 00:01:05
Be here with Magnus and we pray that we'll be able to do well as we make these choices and work together. And we say this name of 00:01:13
Jesus Christ, Amen. All right. 00:01:18
As you were driving up today, you might have noticed that our flags are half, half fast. And we are. I've invited our Lieutenant 00:01:41
to come up and and talk about one of our fallen heroes and to lead us in a moment of silence. And so I'll offer you to come up. 00:01:47
Lieutenant Russell, thank you so much. 00:01:54
Well, as, as some of you or most of you probably know, Sunday morning, umm, we lost one of our officers, uh, or one of our 00:02:04
sergeants, uh, Sergeant Bill Hoover. And it was a tragic call. Uh, if you live in that area, if you know, people live in that 00:02:10
area, they were cops everywhere for hours and hours. Uh. 00:02:16
Umm and just a real, real tragedy. He's behind a wife and two daughters umm and just on a a traffic stop on a real suspicious 00:02:23
call. It was coming out of a different county and coming north and him in a trooper stopped and and tried to take care of things. 00:02:29
And unfortunately the driver umm. 00:02:34
Hit and killed him that day umm luckily he's been caught he was caught after quite a long hunt for him in a complete North East 00:02:41
side of the state umm there's some very good police work and a lot of a lot of chaos actually so anytime we lose somebody it's 00:02:49
just devastating and tragic umm but really for the families who won't have him coming home anymore the rest of us we we'll get to 00:02:56
the home to our families hopefully you know every night have been since since and hopefully we'll continue to do so but. 00:03:04
We just would really love to take a moment and have a moment of silence to remember him and honor his sacrifices. He served us in 00:03:12
this county. So if you join me in a moment of silence, I'd appreciate it. 00:03:16
The sunset of the day of the funeral, which is May 13th. So we'll continue to see that in probably until the 14th. So keep them in 00:04:52
your minds and your prayers as you go throughout your your time. Thank you. Umm. 00:04:58
We're going to have a little bit of a change of schedule. Uh, Anthony Jenkins, where are you if you want to come up? And yes, OK. 00:05:05
Thank you. 00:05:23
And uh. 00:06:02
Umm, we're having our non motorized bike trade at the end of the month, right? That's correct. That'll be on the 29th and that's 00:07:14
kind of the lead in to heritage today. Yeah. 00:07:18
Yeah, so last year was the first year that we did that. But, uh, everyone's welcome to come to some place for kids and grandkids 00:07:23
to come out and ride around in Adults too. You can come out as well. Awesome. And this is the perfect time. Umm. 00:07:29
As all of you may remember, Anthony has served on our Planning Commission for many years and we have your plan that is recognizing 00:07:37
that. I think I had you come speak. Did I? Yeah. Uh, yeah. Thank you. And look at this guy, He won't stop serving us. He is the 00:07:44
volunteer drive forever. So thank you for all that you do. And we just wanted to recognize you for that again, as we testify to 00:07:51
you. Are there any other questions? Yeah, Let's talk for you. Awesome. 00:07:58
Particularly to the South would be great and I know there's several people working on that. So you've got a whole Commission and 00:08:41
several residents that are interested in helping, uh, however we can with any of the, the city initiatives. That's awesome. Thank 00:08:47
you so much. We'll keep that in mind. All right, umm, that moves us to our consent items. I just need a motion unless anybody 00:08:53
would like to discuss. 00:08:59
OK, umm. 00:09:13
I move to approve the consent items as presented. All right, a first time, Marty, can I get a second? Second. All right, second by 00:09:16
Sarah. Any discussion? Looks like there is a hand raised. 00:09:22
Are you sending consent items for the early budget? Yes, thank you. Oh, for the for the RDA board meeting in general. 00:09:33
It's just a minute. 00:09:43
OK. 00:09:45
OK, great. All in favor, aye. 00:09:48
And I'm taking that as a yes. Any opposed? No. All right, we'll go ahead and move on to our discussion items. Our business items 00:09:54
and our discussion and action item is a proposed tentative fiscal year 2024-2025 budget. And our RDA Director, Josh Daniels will 00:10:01
be presenting this test tonight. Great, thank you there. Mm-hmm. Uh, we're gonna pull up a couple of slides here. 00:10:09
Umm, so one, one thing to just note as an overview, so revenues to the RDA are primarily the increment, uh, revenues from property 00:10:22
tax and something I wanted to kind of call your attention to. You'll see it in the chart when I, when I show it, but, umm, if 00:10:32
you're not already familiar with kind of a major interruption in property tax revenues specifically. 00:10:43
The valuations that were on those commercial properties and of course those are really, uh, highly valuable commercial properties 00:11:28
because of the business personal property element. That's all the equipment and technology that goes into those power plants. And 00:11:36
so it reduced property tax revenue to taxing entities throughout the state. Umm, vineyard was a good example of that. That's why 00:11:43
there's that reduction from fiscal year 22 to fiscal year 23 in revenues, but that was a one year adjustment and so. 00:11:51
Umm, we'll see revenue sort of back on track to historical levels, uh, now and in the near future. Another important, uh, economic 00:11:59
issue that is also affecting the entire state is that as residential property values increase in, umm, in, in, in terms of 00:12:06
outpacing the increases in commercial property values, what ends up happening is that, umm, the burden of property tax kind of 00:12:14
shifts more to residences and less from commercial. 00:12:21
And that's also seen a little bit of reduction, umm, specifically in the revenues to the RDA because, uh, a heavy portion of the 00:12:29
increment revenues are coming from commercial properties. And so, umm, that's also something else to keep in mind. And that, 00:12:37
that's another reason why you see that reduction from fiscal year 22 to 23 and a little bit slower come back in, in 24. But in 25, 00:12:44
we're anticipating, uh, revenues both from just growth, umm, from increased. 00:12:52
Values on existing and new newly developed commercial properties to put our total, uh, property tax increment revenue back to the 00:13:00
10 1/2 million that we're anticipating. So that's that, that first slide, umm, of revenues. Any, any questions on that 00:13:07
specifically kind of some complicated economic and and taxing issues. 00:13:14
Any questions? 00:13:23
No, keep going. Great. Umm, OK, so these are, uh, just the overview of revenues again, umm, property taxes, the largest uh, grant 00:13:25
revenue is kind of intergovernmental, umm, and then our, our existing fund balance largely from uh, bond proceeds and then major 00:13:34
expenditures, uh, primarily capital projects, uh, and of course our ongoing obligations for increment payments and, and bond 00:13:43
payments are the, the largest pieces there. 00:13:52
And then the next slide, umm, is a list of those capital projects, which, uh, we reviewed informationally at, at the last board 00:14:02
meeting and that spills on to two slides. So maybe we'll just give a second here for the first slide. We'll go back to the first 00:14:07
five for a moment. 00:14:13
Umm, of course, the largest is that overpass, which is really critical to uh, East, West, umm movement, especially as you know, 00:14:20
you develop the promenade and need people to be able to move back and forth throughout the city. And then on the next slide. 00:14:29
Uh, those are the the rest of the RDA projects that that will be in the capital projects plan. 00:14:42
And that that does it. We can go back. Well, yeah. 00:14:55
All right. Any questions from the board? 00:15:00
OK, not at this time. 00:15:05
Umm, OK, go ahead. Hold on. Let me just put it up good. 00:15:10
Hey Josh, I'm looking through this and my. 00:15:18
I'm looking at RDA Admin 330,000 three there. 00:15:23
No. 00:15:33
Are are you looking at specifically slides? 00:15:35
Umm, I can't see the slides in the room, but I don't see if there's any redevelopment on the 2025. Yeah. 00:15:40
Is that what you're showing on the screen? Yeah. So revenues, revenues to the admin account are 422. 00:15:49
OK then. Umm. 00:15:59
OK. 00:16:04
So the breakout detail of the budget is in the spreadsheet. That's correct. Yeah. So there's a, there's a budget spreadsheet that 00:16:16
that kind of goes along with the overview. 00:16:22
Umm, I think he's looking at the spreadsheet and it's. 00:16:30
No, that, that'll be in the umm, that'll be in the sort of final budget document. 00:16:34
Correct. But we don't have that here. That wasn't given to the publicers, right? 00:16:41
So I'm looking at the packet right here that, that, that's provided to me and I see that there's a, there's a spreadsheet or APDF 00:16:48
of a spreadsheet that shows, I think what Jake's asking about the RDA admin revenue for the actual for, I think he mentioned the 00:16:56
number he mentioned matches the, the, the fiscal year 2020, uh, 22 dash 23. 00:17:04
For 330,000. 00:17:12
Umm, are you asking? 00:17:17
For 22,000, my question is, is you know kind of approved as a budget, why don't you publish in a complete itemized breakdown and 00:17:21
because you know this and also here. 00:17:30
So a couple of things. One, the tentative budget is just a statutory timing requirement where you make a presentation of kind of 00:17:43
budget. So you don't have to adopt anything today. You just are accepting the presentation of the tentative budget. Umm, you adopt 00:17:48
the budget. 00:17:53
Uh, when you adopt A final budget. 00:18:00
Umm, but in terms of the line item, so that in the PDF page nine of nine in the agenda packet includes the specific, uh, line 00:18:03
items from from the budget. 00:18:09
Umm, I guess I'm not seeing. 00:18:19
That and is that uploaded onto the new and then start portal? The spreadsheet is in the package, yeah. 00:18:23
Yeah. 00:18:34
OK. All right. As long as we have a breakdown of it, I couldn't find it today. 00:18:37
OK, do you wanna talk about? 00:18:48
Yeah, in the in the public meeting notice website and then on the city website, the agenda packet, the last page of the agenda 00:18:55
packet has an exhibit which is each budget category in line and and the amounts that were sort of summarized in the slides. But 00:19:02
then you can see them in the in the budget document itself on the in the last page of the packet. 00:19:10
Jake Umm, I definitely, I definitely, I just wanna add that you accept this and that it's been brought to your attention. Then 00:19:19
you'll start going through meetings where you refine the budget before you and you start to work with the public and with the 00:19:27
staff, and then this tentative budget will continue to come back. 00:19:35
On to the agenda until we adopt the final on the last week of June. 00:19:45
So we'll continue to see this and we'll also have a public hearing on it. 00:19:51
Next meeting will be a public hearing. So and just to just to help with Jake's question in the public, I just got on our website 00:19:56
and I was able to locate the document you're asking about on the city's website, so. 00:20:03
All right, great. Then I need a motion. 00:20:11
In the motion, let me make sure you set the public. 00:20:16
Thank you. OK, so I moved to approve the proposed tentative Fiscal Year 2024 Dash 2025 budget item as presented with a public 00:20:23
hearing scheduled for May 22nd, 2024. Alright, I have a first time already. Can I get a second, second, second by Sarah? Any 00:20:30
discussion? 00:20:36
All right. 00:20:45
Do you have discussion? Do you have a question? Well, I have so many questions. 00:20:48
Because we haven't really, we haven't really all I've seen are just what comes up on on the screen. So we haven't had a discussion 00:20:54
about any of this. So you wanna talk about capital projects maybe. OK, so maybe so, so to approve it now, I mean, I get that this 00:21:00
isn't the final budget. I understand that. But there's so many things to talk about, right? And I feel like like, what do you guys 00:21:06
even even a tentative. 00:21:12
Seen as premature at this point. So we have to by law accept this tentative and then we'll go into a refinement process where 00:21:18
you'll go and break this down and we'll have a public hearing two weeks or yes, two weeks from now where it'll come to the public. 00:21:24
And then we'll hear from the public and then we'll go through the process again. And it'll, it will remain tentative for many 00:21:31
weeks and many meetings until the last week in June. So really what we're doing this today is saying this is kind of what the 00:21:37
staff pulled together to. 00:21:43
Umm. 00:22:53
I, I would just say that I, I don't like the problem. I think that, yeah, I wish that every department wouldn't met with us prior, 00:22:55
umm, and really allowed us to know, even just discussing a tentative budget and just looking through a few things that we've 00:23:03
already talked about and even pushing back and saying, hey, you don't have the vote here or there just because it, it is. 00:23:12
Umm, And a lot of things that we didn't see and are currently, I mean, engaging all the other cities, they're having, you know, 00:23:23
10/15/20 hours of budget conversation. And that's not the culture that we're having here. Umm Jake, I was able to, in my weekly 00:23:29
meeting with Eric, I was able to go through things and let him know what my questions were and let him know like where concerns 00:23:36
are and even told him some of the things I wanna cut. And then he told me that I was gonna be able to meet with Christine next 00:23:42
week. 00:23:48
So I feel like you could have that maybe just in your meeting, like that's just what you need to communicate so that you're 00:23:55
getting that. I'm happy to meet with you any time to discuss the budget. 00:24:01
Going through, do you have any more questions or concerns on that or comments on that date? 00:24:45
I think it's publicly clear that I would like to meet with every department headed. Additionally, it was probably take more than 00:24:51
an hour to go through there and I just, yeah, I'm just disappointed in the process. 00:24:59
Well, let's as you go through the process, I think just give us your feedback and see where, where you'd like to improve it and 00:25:07
then we can bring it together as a council. So OK, umm with that said, I think we have a 1st and a second. 00:25:14
Umm, does this need to be by roll call? OK, we did. Yes. Sarah. Sarah. Yes, yes or no? Oh, yes, Yes. Yes. Yay, Jake. 00:25:22
No, and Umm Amber is excused at this time. All right, the meeting is adjourned and we will start our next meeting in just a minute 00:25:36
as we switch over our mix. 00:25:42