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TO: |
Board of Trustees |
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THROUGH: |
Jay Fox, Executive Director |
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FROM: |
Jay Fox, Executive Director |
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PRESENTER(S): |
Carlton Christensen, Chair of Board of Trustees |
TITLE:
title
Strategy Session to Discuss:
- The Purchase, Exchange, or Lease of Real Property or to Discuss a Proposed Development Agreement, Project Proposal, or Financing Proposal in Accordance with Utah Code 52-4-205(1)(d)
- The Sale of Real Property in Accordance with Utah Code 52-4-205(1)(e)
end
AGENDA ITEM TYPE:
Closed Session
RECOMMENDATION:
Approve moving to closed session for the purposes stated below per Utah Code 52-4-205.
BACKGROUND:
Utah Open and Public Meetings Act allows for the Board of Trustees to meet in a session closed to the public for various specific purposes as stated in Utah Code 52-4-205.
DISCUSSION:
The purposes for this closed session include:
• Strategy sessions to discuss the purchase, exchange, or lease of real property, including any form of a water right or water shares, or to discuss a proposed development agreement, project proposal, or financing proposal related to the development of land owned by the state, if public discussion would:
o disclose the appraisal or estimated value of the property under consideration; or
o prevent the public body from completing the transaction on the best possible terms;
• Strategy sessions to discuss the sale of real property, including any form of a water right or water shares, if:
o public discussion of the transaction would:
§ disclose the appraisal or estimated value of the property under consideration; or
§ prevent the public body from completing the transaction on the best possible terms;
o the public body previously gave public notice that the property would be offered for sale; and
o the terms of the sale are publicly disclosed before the public body approves the sale