TREMONTON CITY CORPORATION
REDEVELOPMENT AGENCY
MAY 3, 2022
Board Members Present:
Lyle Holmgren, Chairman
Connie Archibald, Board Member
Wes Estep, Board Member
Bret Rohde, Board Member
Rick Seamons, Board Member
Lyle Vance, Board Member
Shawn Warnke, Executive Director
Linsey Nessen, Executive Secretary
Chairman Holmgren called the Tremonton Redevelopment Agency Meeting to order at 9:09 p.m. The meeting was held in the City Council Meeting Room at 102 South Tremont Street, Tremonton, Utah. Those in attendance were Chairman Holmgren, Board Members Archibald, Estep, Rohde, Seamons, and Vance, Executive Director Warnke, and Executive Secretary Nessen. Also in attendance were Assistant City Manager Marc Christensen, Interim Police Chief Brian Crockett, and Recreation Director Zach LeFevre.
1. Approval of agenda:
Motion by Board Member Seamons to approve the May 3, 2022 agenda. Motion seconded by Board Member Rohde. Vote: Board Member Archibald – aye, Board Member Estep – aye, Board Member Rohde – aye, Board Member Seamons – aye, Board Member Vance – aye. Motion approved.
2. Approval of minutes – January 18, 2022
Motion by Board Member Archibald to approve the minutes of January 18, 2022. Motion seconded by Board Member Seamons. Vote: Board Member Archibald – aye, Board Member Estep – aye, Board Member Rohde – aye, Board Member Seamons – aye, Board Member Vance – aye. Motion approved.
Chairman Holmgren called a Public Hearing to order at 9:10 p.m. to consider the adoption of the Tentative Budget. There were two people in attendance.
3. Public Hearing
a. On consideration of adopting the Tentative Budget entitled “The Tremonton City Redevelopment Agency Tentative Implementation Budget 2022-2023 for Fund 71 RDA District #2 – Downtown and Tremonton West Liberty Foods EDA 172 for the period commencing July 1, 2022, and ending June 30, 2023
Manager Warnke said there are two funds: the Downtown Fund and the West Liberty Fund. What is being appropriated and anticipated is tax increment for this upcoming fiscal year that would be returned to the developer. We just got a check in the amount of $146,000. All that will be remitted to the developer. It will be interesting to see in the upcoming year what the taxable value grows to with the apartments. There is a significant amount of money that is being invested in that 15 acres. For West Liberty Foods the only revenue source is previous tax increment that is restricted to housing. We have done some housing programs and appropriated funds to meet those opportunities.
There were no public comments. Chairman Holmgren closed the Public Hearing at 9:12 p.m.
4. New Business
a. Discussion and consideration of adopting Resolution No. RDA 22-02 adopting the Tentative Budget entitled “The Redevelopment Agency of Tremonton City Tentative Implementation Budget 2022-2023 for Fund 71 RDA District #2 – Downtown and Tremonton West Liberty Foods EDA 172 for the period commencing July 1, 2022, and ending June 30, 2023
Motion by Board Member Seamons to adopt the resolution. Motion seconded by Board Member Rohde. Roll Call Vote: Board Member Archibald – aye, Board Member Estep – aye, Board Member Rohde – aye, Board Member Seamons – aye, Board Member Vance – aye. Motion approved.
5. Adjournment
Motion by Board Member Archibald to adjourn the meeting. Motion seconded by Board Member Seamons. Vote: Board Member Archibald – aye, Board Member Estep – aye, Board Member Rohde – aye, Board Member Seamons – aye, Board Member Vance – aye. Motion approved.
The meeting adjourned at 9:13 p.m.
The undersigned duly acting and appointed Executive Secretary for Tremonton City Corporation Redevelopment Agency hereby certifies that the foregoing is a true and correct copy of the minutes for the RDA Meeting held on the above referenced date. Minutes were prepared by Jessica Tanner.
Dated this 7th day of June, 2022.
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Linsey Nessen, Executive Secretary