[CALL TO ORDER]
[00:00:04]
RIGHT. I CALL TO ORDER THE MUNICIPAL BUILDING AUTHORITY AGENCY MEETING FOR MAY 6TH,
[a. MBA Resolution No. 116 adopting the Annual Budget for the Municipal Building Authority of the City of West Jordan for Fiscal Year 2026.]
2025. ALL BOARD MEMBERS ARE IN ATTENDANCE TONIGHT. WE WILL HAVE A PUBLIC HEARING TO BEGIN WITH.WE HAVE THE NBA RESOLUTION NUMBER 116, ADOPTING THE ANNUAL BUDGET FOR MUNICIPAL BUILDING AUTHORITY OF THE CITY OF WEST JORDAN FOR THE FISCAL YEAR 2026. AND IT LOOKS LIKE I'VE GOT DENISE STEC ON HERE. BUT NO, WE WILL NOT HAVE DENISE STEC COMING UP. SO GO AHEAD. THANK YOU.
COUNCIL AND BOARD. THERE WE GO. THANK YOU. WARREN, AS YOU KNOW, THE MUNICIPAL BUILDING AUTHORITY IS THE ENTITY THAT OWNS THE PUBLIC WORKS BUILDING AND IS RESPONSIBLE FOR COLLECTING THE PAYMENTS TO GO TOWARDS THE DEBT THAT WAS ISSUED FOR CONSTRUCTION. ESSENTIALLY, THE NBA LEASES THAT BUILDING TO THE CITY. AND THE CITY THEN PAYS THE NBA TO MAKE THOSE DEBT PAYMENTS ON THE BOND. WE PRESENTED THE TENTATIVE BUDGET ON APRIL 22ND, AND TONIGHT WILL BE THE PUBLIC HEARING. IF THERE'S ANY PUBLIC COMMENT REGARDING THE NBA BUDGE, AND THEN IT'S UP TO THE BOARD TO ADOPT THE ANNUAL BUDGET THROUGH RESOLUTION NUMBER 116. THE NEXT SLIDE JUST HAS A SUMMARY OF THE AMOUNTS IN THE BUDGET. AND THAT IS ENTIRELY DEBT PAYMENTS. SO UNLESS THERE'S NO QUESTIONS WE CAN MOVE FORWARD WITH THE PUBLIC HEARING. SO JUST TO CONFIRM, THE NBA IS ONLY FOR THE PUBLIC WORKS BUILDING, CORRECT? THAT IS CORRECT. ALL RIGHT. ANY OTHER QUESTIONS OR COMMENTS. ALL RIGHT. THANK YOU. AT THIS TIME THIS IS A PUBLIC HEARING. I WILL OPEN UP THE FLOOR TO THOSE WHO WOULD LIKE TO MAKE ANY COMMENTS ABOUT THIS HEARING TONIGHT. IF YOU'D LIKE TO MAKE ANY COMMENTS, PLEASE COME FORWARD AND YOU'LL HAVE THREE MINUTES. NOBODY IN THE ROOM TONIGHT, MR. ANDERSON, ANYBODY ONLINE THAT WOULD LIKE TO SPEAK. THERE'S ONE INDIVIDUAL ONLINE AND THEY HAVE NOT RAISED THEIR HAND. RIGHT. THANK YOU. WE WILL THEN CLOSE THE PUBLIC COMMENTS FOR THIS PUBLIC HEARING, AND I WILL GO TO DISCUSSION OR MOTION. OH, SORRY. COUNCIL MEMBER GREEN I'M GOING TO MOVE TO APPROVE NBA RESOLUTION NUMBER 116, ADOPTING THE ANNUAL BUDGET FOR FY 2026.
I'LL SECOND, WE HAVE A MOTION BY BOARD MEMBER GREEN AND A SECOND BY VICE VICE CHAIR WHITELOCK. I KEEP WANT TO SAY VICE CHAIR BOARD MEMBER. DISCUSSION ON THE MOTION SEEING NONE. LET'S VOTE.
BOARD MEMBER BLOOM. YES. CHAIRPERSON. LAMB. YES. VICE CHAIRPERSON. WHITELOCK. YES.
BOARD MEMBER. JACOB. THAT'S BOARD MEMBER. PERSON. YES. BOARD MEMBER. GREEN. YES. BOARD MEMBER. BADOR. YES. AND BOARD MEMBER. SHELTON. YES. THANK YOU. I SHOW THE MOTION PASSES 7 TO 0.
[CONSENT ITEMS]
ALL RIGHT. THANK YOU. WE'LL NOW MOVE TO CONSENT ITEMS. MOVE TO APPROVE CONSENT. SECOND, WE HAVE A MOTION BY BOARD MEMBER GREEN AND A SECOND BY VICE CHAIR WHITELOCK. DISCUSSION OF THE MOTION. ALL IN FAVOR, SAY AYE. AYE. ANY OPPOSED? SAY NO. THAT PASSES 7 TO 0. AND JUST LIKE THAT, I WILL* This transcript was compiled from uncorrected Closed Captioning.