HomeMy Public PortalAboutRES-CC-2011-16Resolution #16-2011
A RESOLUTION ESTABLISHING THE UTAH STATE UNIVERSITY REGIONAL CAMPUS
DEVELOPMENT SET -ASIDE FUND
WHEREAS, the City of Moab has identified support Higher Education as a top priority in the City
Vision for the past five years; and
WHEREAS, whereas, development of a destination higher education campus in the Moab area would
help create a more sustainable community by creating and promoting educational and cultural
opportunities for visitors and residents, by creating long term opportunities for business growth and
diversification of the local economy, by creating mechanisms for new partnerships and industry
development within the community, and by adding to the vibrancy and vitality of the community; and
WHEREAS, the Higher Education Action Team ("HEAT") was formed in 2008 by Utah State
University ("USU"), with support by the City of Moab, to create a needs assessment for the
development of a higher education campus in Moab; and
WHEREAS, HEAT has identified a location for the campus, along with a vision for programmatic
incremental development of a campus; and
WHEREAS, the USU Moab Education Center Advisory Board was created in 2010 to facilitate and
oversee the development of a USU Regional Campus; and
WHEREAS, significant progress has been made in moving toward development of a USU Regional
Campus as a destination higher education facility in concert with the vision developed by HEAT; and
WHEREAS, the student base of the USU Moab Education Center has increased exponentially over the
past couple of years, new faculty in target programs have been hired, new programs have been
implemented, facilities have been expanded and intense planning and marketing efforts have been
undertaken; and
WHEREAS, all of these efforts show a commitment on the part of the community to bring to full
fruition the development of a USU Regional Campus as a destination higher education facility in Moab
within the next 5-7 years; and
WHEREAS, local government support of the development of higher education opportunities in a
community has been identified as playing a crucial role in the success of such efforts in other
communities; and
WHEREAS, the City of Moab fully supports the efforts of USU in creating a USU Regional Campus in
the Moab area; and
WHEREAS, the City of Moab allocated $75,000 in the City of Moab 2010-2011 Fiscal Year Budget
toward development of a USU Regional Campus.
NOW THEREFORE, we, the Governing Body of the City of Moab do hereby resolve to approve
creation of the Utah State University Regional Campus Development Set -aside Fund with the following
parameters:
1. The City of Moab will create an account within City's accounting system as a long term
savings account for contributions toward development of a USU Regional Campus.
2. The express intent for the use of the funds in the savings account shall be for the
development of a newly constructed USU Regional Campus that satisfies the vision of the
HEAT committee. It is not the intent that these funds will be used for maintenance and
operation purposes or to support existing higher education facilities or programs in any way.
3. Disbursement of funds from the savings account shall be entirely up to the discretion of the
City Council, subject to proper budgeting and purchasing procedures for all expenses.
4. Any funds deposited into this savings account will remain under the full control and authority
of the City of Moab. In the event that the City of Moab deems that it is in the interest of the
City to reallocate the funds from the savings account to some other City purpose, the City
may do so by following all appropriate legal and budgetary requirements.
5. The City will consider its annual contribution to the savings account in the final budget
adjustment at the end of each fiscal year. Said contribution shall be entirely up to the City's
discretion and shall take into consideration the full financial situation of the City.
6. It is understood that USU may represent to other funding sources that any funds in the
savings account may be counted as available as matching funds for request or receipt of other
funding.
7. It is the intent of this savings account that USU will proceed with development of a USU
Regional Campus within 5-7 years. It is understood that if significant progress toward this
goal is not made within five years of the date of this resolution, the City may choose to
discontinue the fund and allocate the funds in the fund to other projects.
Passed and adopted by action of the Governing Body of the City of Moab in open session this
12th day of July, 2011.
SIGNED:
David L. Sakrison, Mayor
ATTEST:
Rachel Ellison, Recorder