THE STATE OF UTAH
COUNTY OF SEVIER
CITY OF RICHFIELD
At the City Council
In and For Said City
October 23, 2018
 
Minutes of the Richfield City Council meeting held on Tuesday, October 23, 2018 at 7:00 p.m. in the Council Chambers of the Richfield City office building located at 75 East Center, Richfield, Utah. Mayor Pro-tem Kevin Arrington presiding.

1. OPENING REMARKS
2. PLEDGE OF ALLEGIANCE
3. ROLL CALL
4. MINUTES APPROVED
5. AUDITED FINANCIAL STATEMENT APPROVED
6. AUDITED FINANCIAL STATEMENT APPROVED
7. CHANGES TO THE BOY SCOUTS TABLED
8. AMENDED INTERLOCAL AGREEMENT AND RESOLUTION WITH THE UTAH LOCAL GOVERNMENTS TRUST APPROVED
9. OTHER BUSINESS
10. MEETING ADJOURNED
 
1. OPENING REMARKS were offered by Councilmember Nielson.
 
2. PLEDGE OF ALLEGIANCE was led by Councilmember Christensen.
 
3. ROLL CALL. Present: Kevin Arrington, Kathy Christensen, Connie Nielson, Mike Langston, Michele Jolley. Excused: Mayor David Ogden, Bryan Burrows, Richard Barnett, Matt Creamer.
 
4. MINUTES APPROVED. The Council reviewed the minutes of the meeting held October 9, 2018. Motion: Approve the minutes of the meeting held October 9, 2018, Action: Approved, Moved by Connie Nielson, Seconded by Kathy Christensen. Vote: Motion carried by unanimous roll call vote (summary: Yea = 3). Yea: Kevin Arrington, Kathy Christensen, Connie Nielson. Excused: Bryan Burrows, Richard Barnett.
 
5. AUDITED FINANCIAL STATEMENT APPROVED. The Council reviewed the Audited Financial Statement for the period ending June 30, 2018. Gabe Miller discussed the independent auditor’s report. It is the auditor’s opinion that the City has complied with all of the laws. It is a clean or unmodified opinion. He also discussed the management discussion and analysis. The City’s assets exceeded its liabilities by $56,840,000. That is the City’s equity. Of this amount, $2.5 million is considered unrestricted net position and may be used to meet the government’s ongoing obligations to citizens and creditors. The total net position increased by a little over $1.9 million. At the close of the year end as it relates to funds, the ending governmental fund balance was just over $3.4 million which was an increase of just under $600,000. Of that total, approximately $1.75 is available for government spending because it is unassigned or an unrestricted fund balance. The City’s debt did go down the past year by about $824,000.
Rick Roberts discussed the management letter from last year noting that all of the findings last year had been resolved. There was not a management letter this year. Mr. Roberts then discussed the notes found in the financial statements. The City’s compliance was also discussed with no findings. Motion: Accept the Audited Financial Statement ending June 30, 2018, Action: Approved, Moved by Kathy Christensen, Seconded by Connie Nielson. Vote: Motion carried by unanimous roll call vote (summary: Yea = 3). Yea: Kevin Arrington, Kathy Christensen, Connie Nielson. Excused: Bryan Burrows, Richard Barnett.
 
6. CHANGES TO THE BOY SCOUTS TABLED. Rawlin Bagnall was not present so the matter was tabled.
 
7. AMENDED INTERLOCAL AGREEMENT AND RESOLUTION WITH THE UTAH LOCAL GOVERNMENTS TRUST APPROVED. The Council reviewed the amended Interlocal Agreement and Resolution with the Utah Local Governments Trust. It was noted that this is necessary to have the Trust take care of our liability and worker’s comp insurance. Motion: Approve the Amended Interlocal Agreement and Resolution with the Utah Local Governments Trust, Action: Approved, Moved by Kevin Arrington, Seconded by Kathy Christensen. Vote: Motion carried by unanimous roll call vote (summary: Yea = 3). Yea: Kevin Arrington, Kathy Christensen, Connie Nielson. Excused: Bryan Burrows, Richard Barnett.
 
8. OTHER BUSINESS. No other business.
 
9. MEETING ADJOURNED. At 7:48 p.m., adjourn. Motion: Adjourn, Action: Approved, Moved by Kathy Christensen, Seconded by Connie Nielson. Vote: Motion carried by unanimous roll call vote (summary: Yea = 3). Yea: Kevin Arrington, Kathy Christensen, Connie Nielson. Excused: Bryan Burrows, Richard Barnett.
 
PASSED and APPROVED this 13 day of November, 2018.

Richfield City Corp

75 East Center

435.896.6439