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AGENDA ITEM REVIEW FORM
3.A.
Special City Council Meeting
Meeting Date:
10/02/2024
Department Head:
Kay Macuil
Submitted By:
Kay Macuil, City Attorney, Attorney's Office
Action Requested:
Motion
Public Hearing

ITEM:

Public hearing followed by discussion and possible action on any and all matters regarding a proposed financing of eighty million dollars ($80,000,000) using the Industrial Development Authority of the City of San Luis as a financing conduit for a proposed hospital through the Regional Center for Border Health, Inc. in San Luis, Arizona.  This is a public hearing required by federal law.  (Glenn Gimbut, Assistant City Attorney)

A. Presentation 
B. Open Public Hearing
C. Call to the Public on this Item
D. Close Public Hearing

SUMMARY:

Regional Center for Border Health, Inc., an Arizona non-profit corporation, proposes to develop a hospital in San Luis, Arizona.   A public hearing is required to be held before the City Council, which is the elected body that created the IDA and which appoints the members of the board of directors of the IDA.  This is so that the City Council may hear from the public before any decisions are made.  The public hearing was advertised for the required seven (7) days in the Yuma Sun.  It has been on the City of San Luis's home page since September 17, 2024. A copy of the notice is attached.

RECOMMENDATION / SUGGESTED MOTION:

A. PRESENTATION
B. OPEN THE PUBLIC HEARING
C. CALL THE PUBLIC ON THIS ITEM

D. CLOSE PUBLIC HEARING 

Fiscal Impact

IS THERE FISCAL IMPACT ASSOCIATED WITH THIS ITEM:
No
CITY/STATE/FEDERAL FUNDS:
N/A
TOTAL:
N/A
BUDGETED AMOUNT:
N/A
AVAILABLE AMOUNT TO TRANSFER:
N/A
ACCT NAME & GL#/REMAINING BALANCE BEFORE PURCHASE:
N/A

FISCAL IMPACT STATEMENT (IF THIS IS A BUDGET TRANSFER, YOU MUST ATTACH THE BUDGET ADJUSTMENT FORM):

This item is a public hearing only, there is no fiscal impact.

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