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102 of 1976 - Adding chapter 8 modivying and amending the Neighborhood Development Plan entitled 'C.B.D. Neighborh ROLL CALL VOTING Aye Nay Salt Lake City,Utah, June 16 ,19 76 Mr.Chairman ( Agraz I move that tH dinance be passe Greener Ho 9ensen ��•��� /" ` e Phillips v' Result AN ORDINANCE ( AN ORDINANCE AMENDING TITLE 24 of the Revised Ordinances of Salt Lake City, Utah, 1965, by adding a new chapter 8, in accordance with Section 11-19-20, Utah Code Annotated 1953, as amended, modifying and amending the Neighborhood Development Plan entitled, "C.B.D. Neighborhood Development Plan," dated January 27, 1976, as previously adopted as the official redevel- opment plan for the project area on March 31, 1976. Be it ordained by the Board of Commissioners of Salt Lake City, Utah: SECTION 1. That Title 24 of the Revised Ordinances of Salt Lake City, Utah, 1965, relating to municipal government, be, and the same hereby is, amended by adding thereto a new chapter 8, modifying and amending the Neighborhood Development Plan, entitled, "C.B.D. Neighborhood Development Plan," dated January 27, 1976, as previously adopted as the official rede- velopment plan for the project area on March 31, 1976, to read as follows: CHAPTER 8 C.B.D. NEIGHBORHOOD DEVELOPMENT PLAN Sections: 24-8-1. Neighborhood development plan. 24-8-2. Project boundaries. 24-8-3. Purposes of redevelopment plan. 24-8-4. Plan incorporated by reference. 24-8-5. Plan officially designated. 24-8-6. Commission findings. 24-8-7. Housing facilities. 24-8-8. Tax increment financing. Sec. 24-8-1. Neighborhood development plan. It has become necessary and desirable to modify and amend the present redevelopment plan entitled, "C.B.D. Neighborhood Development Plan," dated January 27, 1976, and adopted March 31, 1976, in certain respects as provided by Section 11- 19-23, Utah Code Annotated 1953, as amended. The amended redevelopment plan shall be entitled, "C.B.D. Neighborhood Development Plan," dated June 15, 1976. Sec. 24-8-2. Project boundaries. The legal description of the amended boundaries of the project area covered by the redevelopment plan entitled, "C.B.D. Neighborhood development Plan," dated June 15, 1976, is as follows, to-wit: Commencing at the Southwest Corner of the intersection of the Second West Street and Fifth South Street; thence North along the West right-of-way line of Second West Street to the Southwest Corner of the intersection of Second West Street and Second South Street; thence West along the South right-of-way line of Second 10') -2- South Street to the Southwest Corner of the intersection of Second South Street and Third West Street; thence North along the West right-of-way line of Third West Street to the North- west Corner of the intersection of Third West Street and South Temple Street; thence East along the North right-of-way line of South Temple Street to the Northwest Corner of the intersection of South Temple Street and Main Street; thence North along the West right-of-way line of Main Street 265 feet; thence East 132 feet to the East right-of-way line of Main Street; thence East 340.25 feet; thence South 79 feet; thence East 14.5 feet; thence South 60 feet; thence West 15.75 feet; thence South 126 feet to the North right-of-way line of South Temple Street, thence East along the North right-of-way line of South Temple Street to the Northeast Corner of the intersection of South Temple Street and State Street; thence South along the East right-of-way line of State Street to the Southeast Corner of the intersection of State Street and Third South Street; thence West along the South right-of-way line of Third South Street to the Southeast Corner of the intersection of Third South Street and West Temple Street; thence South along the East right-of-way line of West Temple Street to the Southeast Corner of the intersection of West Temple Street and Fifth South Street; thence West along the South right- of-way line of Fifth South Street to the place of beginning; all in Salt Lake City, Salt Lake County, Utah, containing all of Blocks 41, 50, 57, 58, 59, 67, 68, 69, 70, 75, 76, 77, 78, and part of Block 88, Plat "A", Salt Lake City Survey. Sec. 24-8-3. Purposes of redevelopment plan. The purpose and intent of the Salt Lake City commission with respect to the project area is to accomplish the following purposes by adoption of the amended redevelopment plan entitled, "C.B.D. Neighborhood Development Plan," dated June 15, 1976: A. Removal of structurally substandard buildings to permit the return of the project area land to ecomonic use and new construction. B. Removal of impediments to land disposition and development through assembly of land into reasonably sized and shaped parcels served by improved public utilities and new community facilities. C. Rehabilitation of buildings to assure sound long term economic activity in the core area of Salt Lake City. D. The elimination of environmental deficiencies, including among others,small and irregular lot subdivision, overcrowing of the land and inadequate off-street parking. E. Achievement of an environment reflecting a high level of concern for architectural and urban design principles, developed through encouragement, guidance, appropriate controls and professional assis- tance to owner participants and redevelopers. F. Implement the tax increment financing provisions of the Utah Neighborhood Development Act, which is incorporated herein by reference and made a part of this ordinance. G. The strengthening of the tax base and economic health of the entire community and of the State of Utah. H. Provisions for improvements to public streets, curbs and side- walks, other public rights-of-way, street lights, landscaped areas, public parking and other public improvements. 102 -3- Sec. 24-8-4. Plan incorporated by reference. The redevelopment plan entitled, "C.B.D. Neighborhood Development Plan," dated June 15, 1976, is incorporated herein by reference and made a part of this ordinance. Three copies of said plan shall be filed and maintained in the office of the city recorder for public inspection. Sec. 24-8-5. Plan officially designated. The C.B.D. Neighborhood Development Plan dated June 15, 1976, is hereby designated as the official redevelopment plan of the project area. Sec. 24-8-6. Commission findings. The Salt Lake City commission here- by determines and finds as follows: A. The project area comprising the major portion of the central business district of Salt Lake City as above described is a "blighted area" as defined in Section 11-19-2, Utah Code Annotated 1953, as amended, and that the redevelopment of said area is necessary to effectuate the public purposes set forth in the Utah Neighborhood Development Act and public purposes intended by the establishment of the Redevelopment Agency of Salt Lake City. B. The redevelopment plan would redevelop the above-described area in conformity with the Utah Neighborhood Development Act and is in the best interests of the public peace, health, safety and welfare of the area and the community. C. The adoption and carrying out of the plan is feasible and economically sound. D. The redevelopment plan conforms to and is compatible with the master plan of Salt Lake City, Utah. E. The carrying out of the redevelopment plan will promote the public peace, health, safety and welfare of the community and will effectuate the purposes and policy of the Utah Neighborhood Develop- ment Act. F. The condemnation of the real property, if and as provided for in the redevelopment plan, is necessary to the execution of the redevelopment plan and adequate provisions have been made for the payment of said property to be acquired as required by law. G. The Redevelopment Agency of Salt Lake City has a feasible plan for the relocation of persons, if any, to be temporarily or permanently displaced from housing facilities in the project area. H. Persons displaced from the project area, if any, are able to find or will be able to find either in the project area or in areas not generally less desirable in regard to public utilities and public and commercial facilities, and at rents or prices within their financial means and available to them, decent, safe and sanitary dwellings equal in number to the number of dwellings displaced and reasonably access- ible to their places of employment. Sec. 24-8-7. Housing facilities. The Salt Lake City commission is satisfied that permanent housing facilities will be available within three years from the time occupants of the project area, if any, are displaced, and that pending the development of such facilities, temporary housing at comparable rents to those existing at the time of the displace- ment will be available in the general area. Sec. 24-8-8. Tax increment financing. This ordinance adopting the amended redevelopment plan entitled, "C.B.D. Neighborhood Development Plan," dated June 15, 1976, incorporates the provisions of tax increment financing permitted by the Utah Neighborhood Development Act, and specifically Section 11-19-29, Utah Code Annotated 1953, as amended, which provides as follows: 1 Ys 2 -4- Any redevelopment plan may contain a provision that taxes, if any, levied upon taxable property in a redevelopment project each year by or for the benefit of the State of Utah, any city, county, city and county, district or other public corporation (hereinafter sometimes called "taxing agencies") after the effective date of the ordinance approving the rede- velopment plan, shall be divided as follows: A. That portion of the taxes which would be produced by the rate upon which the tax is levied each year by or for each of the taxing agencies upon the total sum of the assessed value of the taxable property in the redevelopment project as shown upon the assessment roll used in connection with the taxation of such property by such taxing agency, last equalized prior to the effective date of such ordinance, shall be allocated to and when collected shall he paid into the funds of the respective taxing agencies as taxes by or for said taxing agencies on all other property are paid (for the purpose of allocating taxes levied by or for any taxing agency or agencies which did not include the territory in a redevelopment project on the effec- tive date of such ordinance but to which such territory has been annexed or otherwise included after such effective date, the assess- ment roll of the county last equalized on the effective date of the ordinance shall be used in determining the assessed valuation of the taxable property in the project on the effective date); and B. That portion of the levied taxes each year in excess of such amount shall be allocated to and when collected shall be paid into a special fund of the redevelopment agency to pay the principal of and interest on loans, moneys advanced to or indebtedness (whether funded, refunded, assumed or otherwise) incurred by such redevelopment agency to finance or refinance, in whole or in part, such redevelopment pro- ject. Unless and until the total assessed valuation of the taxable property in a redevelopment project exceeds the total assessed value of the taxable property in such project as shown by the last equalized assessment roll referred to in subsection A of this section, all of the taxes levied and collected upon the taxable property in such redevelop- ment project shall be paid into the funds of the respective taxing agencies. When such loans, advances and indebtedness, if any, and interest thereon, have been paid, all moneys thereafter received from taxes upon the taxable property in such redevelopment project shall be paid into the funds of the respective taxing agencies as taxes on all other property are paid. SECTION 2. In the opinion of the Board of Commissioners of Salt Lake City, it is necessary to the peace, health and welfare of the City of Salt Lake that this ordinance take effect immediately. SECTION 3. This ordinance shall take effect at once upon its first publi- cation. Passed by the Board of Commissioners of Salt Lake City this 16th day of June, 1976. '/:/;// //i/ /1 .4Z/2 MAYOR �� 7f CITY RECORDS (SEAL) BILL NO, 102 of 1976 Published June 29, 1976 l.j C. B. D. NEIGHBORHOOD DEVELOPMENT PLAN Salt Lake City, Utah June 15, 1976 102 TABLE OF CONTENTS A. Description of NDP Renewal Area 1 B. Statement of Development Objectives 1 C. General Land Use Plan 2 D. Techniques to Achieve Plan Objectives 4 E. Land Disposition Supplement 4 F. Other Provisions to Meet State or Local Law 5 G. Provisions for Amending Plan 5 H. Tax Increment Provisions 5 I. Implementation of Redevelopment Project Program 6 J. General Design Objectives 8 K. Specific Design Objectives and Controls 9 A. Description of NDP Renewal Area The NDP Renewal Area is enclosed within the following boundaries: Commencing at the Southwest Corner of the intersection of Second West Street and Fifth South Street; thence North along the West right-of-way line of Second West Street to the Southwest Corner of the intersection of Second West Street and Second South Street; thence West along the South right-of-way line of Second South Street to the Southwest Corner of the intersection of Second South Street and Third West Street; thence Worth along the West right-of-way line of Third West Street to the Northwest Corner of the inter- section of Third West Street and South Temple Street; thence East along the North right-of-way line of South Temple Street to the Northwest Corner of the intersection of South Temple Street and Main Street; thence North along the West right-of-way line of Main Street 265 feet; thence East 132 feet to the East right-of-way line of Main Street; thence East 340.25 feet; thence South 79 feet; thence East 14.5 feet; thence South 60 feet; thence West 15.75 feet; thence South 126 feet to the North right-of-way line of South Temple Street; thence East along the North right-of-way line of South Temple Street to the Northeast corner of the intersection of South Temple Street and State Street; thence South along the East right-of-way line of State Street to the Southeast Corner of the intersection of State Street and Third South Street; thence West along the South right-of-way line of Third South Street to the Southeast Corner of the intersection of Third South Street and West Temple Street; thence South along the East right-of-way line of West Temple Street to the Southeast Corner of the intersection of West Temple Street and Fifth South Street; thence West along the South right-of-way line of Fifth South Street to the place of beginning, all in Salt Lake City, Salt Lake County, Utah, containing all of Blocks 41, 50, 57, 58, 59, 67, 68, 69, 70, 75, 76, 77, 78, and part of Block 83, Plat "A", Salt Lake City Survey. B. Statement of Development Objectives a. Removal of structurally substandard buildings to permit the return of the project area land to economic use and new construction. b. Removal of impediments to land disposition and development through assembly of land into reasonably sized and shaped parcels served by improved public utilities and new community facilities. c. Rehabilitation of buildings to assure sound long term economic activity in the core area of the City. d. The elimination of environmental deficiencies, including among others small and irregular lot subdivision, overcrowding of the land and inadequate off-street parking. e. Achievement of an environment reflecting a high level of concern for architectural and urban design principles, developed through encouragement, guidance, appropriate controls and professional assistance to owner participants and redevelopers. f. The provision of housing units for low or moderate cost on land to be disposed of for residential purposes. g. The strengthening of the tax base and economic health of the entire community and the State of Utah. h. Provision for improvements of public streets, curbs and sidewalks, other public rights-of-way, street lights, and landscaped areas. i. Provision of adequate off-street parking. j. Provide improved pedestrian circulation systems. k. Coordinate and improve mass transportation and C.B.D shuttle system. C. General Land Use Plan 1. Land Use Map A map entitled "Proposed Land Use", included as an exhibit and made a part of this plan, indicates the type and location of land uses to be permitted in the OP urban renewal area and the major circula- tion routes serving the Area. 2. Description of Land Uses The following uses, together with accessary support services, customarily appurtenant thereto, shall be permitted in the renewal areas: a. CBD General Commercial This use district is designed to cater to the needs of a large retail and/or service, commercial and general business consumer population. The uses normally associated with, and permitted in this district, include general commercial activities and support services, recreational and cultural facilities, religious institutions and urban apartments. b. Limited Commercial/Office/Residential Mix This district is intended to provide for a limited commercial residential mixture of uses with adequate provisions to insure that the commercial and general business activities do not -2- adversely impact on the desirability of this area for high density residential uses. The limited commercial services will be those that provide services for both the residents of the area and also for those serviced by or providing services for the central business district. In addition to these limited general commercial activities and their support services the following other uses will be permitted: High density and residential urban apartments, recreational and cultural facilities and religious institutions. c. Hotels/Motels and Related Visitor Services This district is designed to cater to the visitors of Salt Lake City by providing fur limited commercial activities that provide tourist related services. Included in this district will also be urban apartments, recreational and cultural facilities, religious institutions, craft shops and schools and the necessary support facilities for these uses. d. Public Facilities This land use district encompasses the existing Civic Auditorium and proposed Performing Arts Center. e. Support Services The uses included in this category are designed to be accessory to and customarily appurtenant to the uses provided in the district enumerated above. The support services include, but will not limit, the following uses: Parking lots and parking structures. Public utilities. Transportation and communication facilities. Public and semi-public facilities. Parks, open space and pedestrian malls. 3. Planning Criteria In order to provide developers a maximum flexibility in the development of acquired land and to encourage and obtain the highest in quality development and design, specific development controls for the use districts identified above are not set forth herein. Each development proposal will be considered as a planned unit development and subject to: appropriate elements of the City's Master Plan to determine conformity; design Objectives, which are included as an attachment and made a part of this Plan; the Planning and Zoning Code of the City; other applicable building codes and ordinances of the City; and a review and recommendation by the Salt Lake City Planning and Zoning Commission and approval by the Redevelopment Agency of Salt Lake City. -3- ..�� redevelopment proposals may also be made by a design review committee established by the Redevelopment Agency of Salt Lake City. Development proposals shall be accompanied by site plans, development data and other appropriate material that clearly describes the extent of development proposed including land coverage, setbacks, heights and bulk proposed, off-street parking and loading to be provided, and any other data determined necessary or requested by the City Planning or Zoning Commission or the Redevelopment Agency of Salt Lake City. The disposition of Project land for any of the reuses described under this Section shall be made on the basis of the redevelopment proposal determined to be the most appropriate and in conformance with the objectives sought. D. Techniques to Achieve Plan Objectives Activities contemplated in carrying out the program in the Area include the acquisition, clearance and redevelopment of those properties shown in the Clearance and Redevelopment Area on the Clearance and Redevelop- ment Map, included as an exhibit and made a part of this Plan, and the rehabilitation of other properties in the renewal area as shown on the Clearance and Redevelopment Map. 1. Rehabilitation a. Properties determined not to be in a substandard condition by the Redevelopment Agency of Salt Lake City and economically feasible of rehabilitation, shall be sufficiently rehabilitated to insure a remaining economic life of twenty years. b. The property located at 46 West Second South known as the Capitol Theater shall be acquired and shall be disposed subject to the rehabilitation standard to be established by the Redevelopment Agency of Salt Lake City. c. Property Rehabilitation Standards will be incorporated into this Plan at the time they are developed by the Redevelopment Agency of Salt Lake City during the Action Year. 2. Acquisition and Clearance The property located at 46 West Second South, known as the "Capitol Theater" shall be acquired. i10 properties are scheduled for clearance. 3. Project Improvements Public improvement projects will be added to this plan by amendment on a year by year basis. E. Land Disposition Supplement The property located at 46 West Second South, known as the "Capitol Theater" shall be sold subject to the rehabilitation requirements of • the Urban Renewal Plan and applicable codes, the following additional requirements shall be met: 1. The Redevelopment Agency of Salt Lake City shall make a complete -4 • - 102 inspection of the property, and prepare a work write-up and cost estimate covering all the work required to make the property conform to the applicable Urban Renewal Plan and codes. 2. The work write-up shall be included in the offer for sale so that the prospective buyer understands his rehabilitation obligations. 3. The sales price for the property shall properly reflect the estimated cost to rehabilitate the property to meet rehabilitation requirements. • 4. The work write-up shall be made a part of the disposal agreement, obligating the buyer to perform the necessary rehabilitation work. F. Other Provisions to Meet State or Local Law As applicable. G. Provisions for Amending Plan The Urban Renewal Plan may be modified at any time by the Redevelopment Agency of Salt Lake City. When the proposed modification will substan- tially change the Plan, the modifications must be approved by the Board of Commissioners of Salt Lake City, Utah, in the same manner as the original Plan. If such modifications must be consented to by redeveloper(s) who are substantially effected by such modifications. H. Tax Increment Provisions This redevelopment plan entitled "C.B.D. Neighborhood Development Plan", specifically incorporates the provisions of tax increment financing permitted by Section 11-19-29, Utah Code Annotated 1953, as amended, which provides as follows: a. Any redevelopment plan may contain a provision that taxes, if any, levied upon taxable property in the redevelopment project each year by or for the benefit of the State of Utah, any city, county, city and county, district, or other public corporation (hereinafter sometimes called "taxing agencies") after the effective date of the ordinance approving the redevelopment plan, shall be divided as follows: 1. That portion of the taxes which would be produced by the rate upon which the tax is levied each year by or for each of the taxing agencies upon the total sum of the assessed value of the taxable property in the redevelopment project as shown upon the assessment roll used in connection with the taxation of such property by such taxing agency, last equalized prior to the effective date of such ordinance, shall be allocated to and when collected shall be paid into the funds of the respective taxing agencies as taxes by or' for said taxing agencies on all other property are paid (for the purpose of allocating taxes levied by or for any taxing agency or agencies which did not include the territory in a redevelopment project on the effective date of such ordinance but to which such territory has been annexed or otherwise included after such effective date, the assess- ment roll of the county last equalized on the effective date of the ordinance shall be used in determining the assessed valuation of the taxable property in the project on the effective date) ; and 2. That portion of the levied taxes each year in excess of such amount shall be allocated to and when collected shall be paid into a special fund of the Redevelopment Agency to pay the principal of and interest on loans , monies advanced to, or indebtedness (whether funded, refunded, assumed, or otherwise) incurred by such redevelopment agency to finance or refinance, in whole or in part, such redevelopment project. Unless and until the total assessed valuation of the taxable property in a redevelopment project exceeds the total assessed value of the taxable property in such project as shown by the last equalized assessment roll referred to in subsection (a) (1 ) of this section, all of the taxes levied and collected upon the taxable property in such redevelopment project shall be paid into the funds of the respective taxing agencies. When such loans , advances , and indebtedness , if any, and interest thereon, have been paid, all monies thereafter received from taxes upon the taxable property in such redevelopment project shall be paid into the funds of the respective taxing agencies as taxes on all other property are paid. I. Implementation of Redevelopment Project Program A. Action Year July 1 , 1976 to June 30, 1977. ' The Redevelopment Agency will complete the following projects commenced during the First Action Year which began on July 1 , 1975 and ends on June 30 , 1976: 1 . The Redevelopment Agency shall develop preliminary plans and specifications for a public parking facility to be located in property presently owned by the Redevelopment Agency and situated on the east side of West Temple between Second and Third South. The Agency shall also in conjunction with preparation of preliminary plans for the public parking facility undertake a feasibility study concerning the issuance of bonds for the construction of this facility. 2. The preparation of preliminary plans and location study for the proposed performing or fine arts facility or facilities shall be included in the first annual implementation program. This investigation shall include a detailed analysis of possible locations within the project area and adjacent to the project area. This study shall also analyze the off-street parking requirements of present public facilities and the parking requirements of the new performing or fine arts facility. The report shall also investigate possible bonding costs and procedures for this facility. _6- • 2 3. The annual implementation program shall also include additional costs of approximately $15,000 which shall cover the reimburse- ment to the Redevelopment Agency of actual expenses and general economic and social studies which might be required in com- pliance with the Redevelopment Act. 4. The Redevelopment Agency shall cooperate to the fullest extent with the Department of Development Services, Division of State History in its effort to prepare a survey of historical proper- ties and the evaluation of historical sites within the boundaries of the redevelopment area. Specific note will be made of the sites listed both upon the National Historic Register and the State Historic Register. 5. The Redevelopment Agency will work closely with the Multi-Ethnic Study committee in respect to the two blocks lying to the west of the Salt Palace which are presently part of the Salt Lake City Multi-Ethnic Center Feasibility Planning Area. Special emphasis will be placed upon utilizing this study group in the provision of information concerning present housing located within this study area. The Redevelopment Agency proposes that a detailed analysis be made of the housing needs of the families and individuals within the Multi-Ethnic Study area. The Agency recognizes the planning activities that are being undertaken as part of the Multi-Ethnic Study and will use these studies for future consideration in possible expansion of the redevelopment project boundaries. 6. The Redevelopment Agency specifically will begin planning for housing for senior citizens based upon data which will be developed as part of the social-economic study. The emphasis upon housing for the senior citizens is specifically noted because of the large number of elderly presently residing within the redevelopment project area. The Redevelopment Agency will undertake the following projects to be commenced during the Second Action Year beginning July 1, 1976 to June 30, 1977: 1. Excavate and resurface 200 West Street from South Temple to 500 South. Railroad to remove or cover the cost of removal of all railroad tracks and spurs on public property within the assessment district. Construct curb, gutter, sidewalk, and private driveways abutting roadway (200 West Street) between South Temple and 500 South where existing curb, gutter, etc. is deemed substandard. This work shall not be undertaken by the Agency until the legal requirements, if any, prohibiting the removal of the railroad tracks along Second West Street within all or part of the project area have been resolved, or, in the alternative, the businesses requiring railroad access find alternative solutions to the continuing need for railroad facilities. -7- 02 2. Excavate and resurface Regent Street (#40 East) between 100 South and 200 South, and Plum Alley (#70 East), between Orpheum • Avenue and 200 South. Beautify, i.e. install brick pavers, fountains, plantings, benches, sidewalks, etc. Regent Street (100 South to 200 South), Orpheum Avenue (#40 East to State Street), and 200 South Street (Main Street to State Street, North side only). Install curb and gutter on Regent Street, 100 South to 200 South. This work shall not be undertaken by the Agency until the establishment of one or more improvement districts which permit property owners to participate, to the extent determined by the Agency and the Improvement District, in the cost of the project improvements. 3. Replace deteriorated sidewalk on both sides of 200 South between Main and State Streets. Replace deteriorated sidewalk on both sides of 300 South from Main to State Streets and replace diseased or dead trees on State Street from Second South to South Temple and review other beautification needs on State Street. This work shall not be undertaken by the Agency until the establishment of one or more improvement districts which permit property owners to participate, to the extent determined by the Agency and the Improvement District, in the cost of the project improvements. 4. There shall be developed a Master Sidewalk Plan for the downtown area. This Master Sidewalk Plan shall be completed during the early part of the Second Action Year and the improvements as described in Item 3 will be consistent with this plan. The cost of hiring a design architect will be paid from the Second Year Tax Increment allocation. 5. It is proposed that the Redevelopment Agency will acquire the property owned by Fannie Otasue which is located on a portion of Lot 8, in Block 78, Plat "A", Salt Lake City Survey. This property is to be developed into parking facilities for the Bicentennial Art Center. It is the intent of the Redevelopment Agency to acquire this property by negotiations and only upon acceptance by the owner of the fair market value for the sale of the property. J. General Design Objectives The design of particular elements should be such that the over-all redevelopment of the renewal area will: 1. Provide an attractive urban environment; 2. Blend harmoniously with the adjoining areas; 3. Provide for the optimum amount of open space in relation to new buildings; 4. Provide unobtrusive parking areas, appropriately screened and landscaped to blend harmoniously with the area; -8- 102 5. Provide open spaces and pedestrian walks which are oriented to the directions of maximum use and designed to derive benefit from topographical conditions and views; 6. Provide for the maximum separation and protection of pedestrian access routes from vehicular traffic arteries. K. Specific Design Objectives and Controls 1. Building Design Objectives a. All new buildings shall be of design and materials which will be in harmony with adjoining areas and other new development and shall be subject to design review and approval by the Redevelopment Agency of Salt Lake City. b. The design of buildings shall take optimum advantage of available views and topography and shall provide, where appropriate, separate levels of access. c. Taller buildings within the renewal area should be designed and placed to act as significant landmarks in the project area and the city. 2. Open Space Pedestrian Walks and Interior Drive Design Objectives a. All open spaces, pedestrian walks and interior drives shall be designed as an integral part of an overall site design, properly related to existing and proposed buildings. b. Attractively landscaped open spaces shall be provided, which will offer maximum usability to occupants of the building for which they are developed. c. Landscaped, paved and comfortably graded pedestrian walks should be provided along the lines of the most intense use, particular- ly from building entrances to streets, parking areas and adjacent buildings on the same site. d. The location and design of pedestrian walks should provide for maximum safety and separation from vehicular traffic, and should recognize desirable views of new and existing development in the area and surrounding community. e. Materials and design of paving, retaining walls, fences, curbs, benches, etc.,.shall be of good appearance, easily maintained, and indicative of their purpose. 3. Parking Design Objectives a. Parking areas shall be designed with careful regard to orderly arrangement, topography, relationship to view, ease of access, and as an integral part of overall site design. -9- 10N b. It is desirable that parking areas be level or on terraces as determined by the slope of the land. 4. Landscape Design Objectives a. A coordinated landscaped design over the entire project area incorporating landscaped treatment for open space, roads , paths, and parking areas into a continuous and integrated design shall be a primary objective. • b. Primary landscape treatment shall consist of non-deciduous shrubs , ground cover, and street trees as appropriate to the character of the project area. 5. Project Improvements Design Objectives a. Public rights-of-way. All streets , sidewalks , etc. , within public rights-of-way will be designed or approved by the City of Salt Lake and will be consistent with all design objectives . b. Street lighting and signs. Lighting standards and signs of pleasant appearance and modern illumination standards shall be provided as necessary. c. Rough grading. Existing structures , retaining walls , under- brush , pavement, curb and gutters will be removed and the entire site graded in conformance with the final project design determined by the Redevelopment Agency of Salt Lake City. 6. The report and recommendations of the Planning Commission. See attached letter. • -10- �. . . . CBD REDEVELOPMENI PROJECT AREA • r, " . 1. • , ,,-;-.77,•„, ,,•„,.,,/,,,h4 43 i I-4,4.1 1 — , •••; , " • -A • 1/ c , • ' 4 4 • , g;F:1— • . •: --- i.---T-- fl. f . • 1 1, • . 1 9Pw ,-' , -coil ' H— ' i , 1 • ...-F----- - • :its • . II. . i (.7 2 ,_ .... 51 -...._... I '..'>'• o r 4.1e L.44 LI 1 . i-; ---•• ..........t i -7--: . , , , . i • fc 1 rt— : . . ..177 lie,- a! .---7 ';—7-i 'T ' Ti i 7.---...-.1 r-7,„ i •. . ,\N.,,,,c,-•,; ' :,, .; - RN Vt. -, fq....-- • ' I I'elkAIL,M I„, ; e , e 1 , . ) . . , . , 4 . II 83 -eittme,cp. •) . 8C I ,..:‘,..-. ' ,.,1#.A ' •• • 1 • 1 O. 1 i I BLOCK 1 i tilL..1' N.• t. . .,'''.. r; . i I ! • 14. i 3 I . y ,r. 5 IA i .,.1 ,,,.!__:._. TEMPLE ' . :-.7'z't.,. ••• - \. • \ \N , • i0.; • 1 ,41 t.1...t.trirss• , , s ,..x.0 , 16..3,11 Av , : ,.. L _ 'SAii.:iP0ALL,Att: ... i!.•t .• _. • ..•''' ''''''':'4' .j..' '''''{'.'"4';' ‘... I --• ! 1 2 o — .CI Q. i , < 1 1 : . . ,1:- , , -----'J c z -. i , ...,. • —•-•-:-f il.f? .Z .; -i..-- . ./,.., N•• . • • r .. IT .. ,.-, ., • . , ...- . .• I 1... .'L. 69 Yo• . ,II;1 i Ti: ' • • R. 1 , '• 'i.•- 7 I ' .' . i'0,, i - .. .... _ , . .1) • ,,,, •Sr...cDt..1D I., c:44-T-1-1 ' :-- • ,i 3 . . ,•hi 4(• N.. I I -'' . ., .'. 'F. um • - - • • ... imp " FE i„ i t,,,..'t/1 2 RI i /I. It1 1- • 88 ki • 1 'W . bi ,,i. F -0 !:, . • 11,11 I m.., _..f,.,. . ...,.... i P FIE ilt &... •- - • 14_ : E —5:7 E. b, xr, z !----ss ..1: 0 i..t.p., E.: .!...' . • 0 , . • r- • •, 1 ,• 1 'BROS,..WAYY) . . ; . ' .11) ' i •in '1'. j U, 4. itsRokt,,„,,A..1.:5., .:..j. • • -- ......_. . ?, _ ,, ........ .., . !: [ . t .., . .,, f'rarl •E'F;1 - . ..i. r .C4,0,gvc ,I.,..y.lip.: .t 6 .L. ----4... .' ...,..........A.gp,,,cc„ rka15145... r3 ,• y. • :*i JiJ sti. '' .:%:_.' '''_:_s•I'14''7--!I C.n..IFE. fri :4 , .Iu, 5CJUTH• . ,, . • 1 a . . . .1, • • • ;ll HI l',' !4. I( w.,..Hr.. III c . . 444 0 _ uriclin ! . ;'. .Ots ,. , 40 11111160111 - 5 fi 1 5 - -i• - • N sauT,H /-3".7" : 1 ... _____.....--i • . a .: , . r r . . . " I . • I' f • • ' '''. '. i , c, 41 F x , . ...; •"'"-==.--. . ......! ... . .a • 2e I ;. i . iaz,,i) ..„....3,3,._..i • ' E• * 311.4 • 3;:....° • -. -1-1OT MET* 1 . 1 : li, •• . , . soLuTH „ i ,- .3;.,,, .:, . . ,,..v., ..: . • • ::[. 1 •----- i . . . . i ' 1111 ,..7-1 ..., • ,k. '''':. i -. ' li frIr - ' . .90.• 0.., — __...Az.,;__tirl' t, ' IMM__,..111.•"--71,1r-' • li ': i p, ,-2 ;1 I 1',:.• b • . ° •a Airei- ' 1 t, . — • ,I 1 -- 11-1- I ! __ ,_..7.,.. um . si , . ,' •%&,-I''r1-;. A.i. ; ; ' v.z.-)l-rr•-‘ • . • -.1 L . • . , mown . • 1, . . r . „ .41.17. i . • T 71 • d Fay...s..._ 'I 6 • .., i . M ON * • I . 1;•VIEL12 — -• 1'1 • i P. . -- ---+r Avti Ili ,i.. . -. ------ .• 1 4 1 . , . . STRZEI" 1 • ' . I . 113MIN . Z • . a :•1' ' E6tratf-t. ..-- .I J • — , — -- -- — -- — . 4..414ta'''' .".• ...,.. . • . • , • ..• ...• .Q ir• . , JrnitiroVIII 0p 1 L --3001,,: 1000 0 2111a i if.) - . • PROPERTY DESCRIPTION OF THE C.B.D. NEIGHBORHOOD DEVELOPMENT PLA N Commencing at the Southwest Corner of the intersection of Second West Street and Fifth South Street; thence North along the West right-of-way line of Second West Street to the Southwest Corner of the intersection of Second West Street and Second South Street; thence West along the South right-of-way line of Second South Street to the Southwest Corner of the intersection of Second South Street and Third West Street; thence North along the West right-of-way line of Third West Street to the Northwest Corner of the intersection of Third West Street and South Temple Street; thence East along the North right-of-way line of South Temple Street to the Northwest Corner of the intersection of South Temple Street and Main Street; thence North along the West right-of-way line of Main Street 265 feet; thence East 132 feet to the East right-of-way line of Main Street; thence East 340.25 feet; thence South 79 feet; thence East 14. 5 feet; thence South 60 feet; thence West 15. 75 feet; thence South 126 feet to the North right-of-way line of South Temple Street; thence East along the North right-of-way line of South Temple Street to the Northeast Corner of the intersection of South Temple Street and State Street; thence South along the East right-of-way line of State Street to the Southeast Corner of the intersection of State Street and Third South Street; thence West along the South right-of-way line of Third South Street to the Southeast Corner of the intersection of Third South Street and West Temple Street; thence South along the East right-of-way line of West Temple Street to the South- east Corner of the intersection of West Temple Street and Fifth South Street; thence West along the South right-of-way line of Fifth South Street to the place of begin- ning; all in Salt Lake City, Salt Lake County, Utah, containing all of Blocks 41, 50, 57, 58, 59, 67, 68, 69, 70, 75, 76, 77, 78, and part of Block 88 Plat "A", Salt Lake City Survey. REPORT ON PROJECT AREA REDEVELOPMENT PLAN • ENTITLED "C.B.D. NEIGHBORHOOD DEVELOPMENT PLAN" DATED MAY 1, 1976 The following report on the project area development is submitted in accordance with the provisions of Section 11-19-14, Utah Code Annotated 1953, as amended. (1) The reasons for the selection of the project area. The proposed renewal area was selected as that area within the City of Salt Lake having the most immediate need for treatment to stablize and strengthen the economic base of the community. Also this area contains that portion of the City that is desirable for the development and redevelopment of the commercial base or core. Specific boundaries were arrived at after a review of the whole Central Business District by members of the City Planning and Zoning Department, members of the Redevelopment Agency staff, and other technicians. Planned treatment of this area will be to prevent and eliminate blight and to stimulate new development and upgrade this area of the urban core to the degree necessary for sound long-range growth. (2) The description of the physical, social and economic conditions existing in the area. Physical: During the action year from July 1, 1976 to June 30, 1977, the redevelopment plan addresses street and sidewalk conditions within the project area. Specific streets where new curb and gutter and paving is required is identified under Section Il. All of these improvements are deteriorated to a point requiring removal and replacement. Social: See redevelopment plan dated 1/27/76. Economic: See redevelopment plan dated 1/27/76. (3) Financial. A financial analysis of the proposed redevelopment plan describing the proposed method of financing the redevelopment of the project area in sufficient detail so that the legislative body may determine the economic feasibility of the plan. Estimated tax increment proceeds are as follows: Estimated Estimated Plat A 1974 1975 1976 Difference $ 131,295 $ 1,05,665 $ 1,887,490 $1,756,195 50 411,350 346,340 344,275 (67,075) 57 2,878,160 3,161,400 3,122,100 243,940 /Arm 58 1 ,206,910 1 ,649 ,735 1 ,767,670 560,760 59 911 ,460 951 ,440 958,060 46,600 67 258,250 282,435 282,505 24,255 69 1 ,446,710 1 ,640,340 1 ,678,950 232,240 70 4,333,250 4,818,000 5,405,105 1 ,071 ,855 75 8,032,280 10 ,635,380 12,069 ,260 4,036,980 76 1 ,566,450 1 ,767,135 1 ,705,590 139 ,140 78 255,425 294,370 292,560 37,135 88 906,795 1 ,068,475 1 ,266,790 359 ,995 $22,338,335 $28,051 ,715 $30 ,780,355 $8,442,020 Based upon the above projected tax assessments , the tax increment which would be available to the Redevelopment Agency should be in excess of $825,000. The utilization of these funds are projected as follows : (a) Costs which were deferred from First Action Year: (1) Reimbursement of legal expenses $ 30,000 (2) Historical preservation study by State Historical Society 10,000 (b) Construction of paving, curb and gutter and sidewalk from South Temple to 500 South on 200 West 275,000 (c) Construction on Regent Street and allied projects 135 ,000 (d) Replacement of sidewalk on State Street and 200 and 300 South between State and Main 100,000 (e) Master sidewalk plan 25,000 (f) Acquisition and relocation of businesses 125,000 (4) A method or plan for the relocation of families and persons to be temporarilX or permanently displaced from housing facilities , if any, in the project area. During the annual increment from July 1 , 1976 to June 30, 1977, the actual relocation of the businesses located at 46 West 200 South known as the "Capitol Theater" will be completed. These businesses are as follows : O.C. Tanner Jewelry Company Postal Instant Press Arrow Press Square Modern Equipment Company The relocation of these businesses and any relocation of families or individuals which should arise during the execution of the redevelopment plan, the Agency shall comply with the Federal Uniform Relocation Act as adopted in 1971 and amended from time to time and the State Relocation Act. (5) An analysis of the preliminary plans. (a) Basis for determination of Land Use Plan Elements : All land uses and densities determined appropriate for the C.B.D. Urban Renewal Plan are in accord with the general guidelines of the Master Plan and the applicable Planning and Zoning Codes of the City of Salt Lake. Major • circulation routes are not proposed to be revised by the Plan, and existing routes are as provided in the City's Circulation Plan. (b) Basis for Planning Criteria: Planning criteria has not specifically been set forth in the Plan relative to land uses, densities, characteristics of internal circulation systems and need and type of public improvements in order to provide maximum flexibility in the development of acquired land and to achieve the highest quality development that is consistent with the City's long-range plans for redevelopment of the Central Business District. Each development proposal will be considered as a planned unit development and subject to the provisions of applicable requirements of the City's Master Plan and other applicable development codes and ordinances. (c) Conformity with General Plan and Relationship to Local Objectives: The Urban Renewal Plan conforms with the Master Plan of Salt Lake City in that it relates to the definite and local objectives of retain- ing and promoting an economically healthy and growing Central Business District by providing adequate and desirable locations for redevelopment and uses within an atmosphere which will encourage growth. The Plan is related to local objectives in that: the land use proposals will strengthen and widen the range of activities within the central area; order and visual identity, through a variety of design principles, will be provided thus creating a healthy and pleasing environ- ment for shopping, working and living; public improvements will be upgraded in the area thereby eliminating hazards and unsightliness; and adequate off-street parking will be provided in the new development. • .f* ) Anteibe Affidavit of Publication STATE OF UTAH, } ss. County of Salt Lake eappp11NANCE _ AN ORDINANC eNDINo TIT E 24 or the Revised Shana D. Palmer Ordinances el Salt CIS! Utah, by adding a new chapter a In acesi with 19.20, Utah total Ann l fed 1959 e} It O lrspi',semendlnoy„fhe Cry,. A. A_4: NW/htgr Na •, {„I .„ . # 1Yra Sa or., 0,, ma's 'I''ia1 �•': El,4g161°olecrareaon Being first duly sworn,deposes and says that he is legal adver- the nerd,,A,v4?ttt}IdrleraofSailLake rising clerk of the DESERET NEWS, a daily (except Sunday) Lekr �Fi 1.1leI24et-theIleY1'..orm%nncesofSSaalltt newspaper printed in. the English language with general cir- Ina t'1• y a '• e p 1 culation in Utah, and published in Salt Lake City, Salt Lake w>:t a `: atlw f q$ at a dace Mid �u.h , Id+""a County,in the State of Utah. OM Fee• 1 P oP � 11b° That the legal notice of which a copy is attached hereto , ,. • ; , 4,f�, s `•„ Pub notice to amend an ordinance relating to �,� SI �,Seyvy+i �' ,r{.,.• the C. B. D. Neighborhood Development Plan r iI. '" 1S,It r 114, a'i�"4,M' h0� _g. �} #'h :lob ,-,, b y.;f'�flyrt.`, Ilk 12. �` 1611ne ---------_. A n 16419S r i �"�'6�y# .1 : ,t',;y.I+c1' elan !hail be Yf :L:+� ` n." Haies�ut��.y���,A 0 y �4 ,� �mB ed: a ,, ,° yg�g) `4 -, trohae -qon1 i,4:. it..t1d11�(, /j',11.•Ai .' 11j-t*'e 1k1�aS�'�}Ws�r,, P ;GUI i. ,7'•171j ve�,41,...' ^^-k "Maid i'w x�1L14� 1*v���IldrrA�l a- was published in said newspaper on _�ua�_2a,�_14u, 11.E ' .i•+sVA- �, ,+'-. e .'vt 1,7v. ti411,P`, 1r 1 otho nd c,r 4 l ro lM Easl o! (,N`e , 1 may. y I fth.n Aoufh 11A tar East 14.5 § 1, e NOr1 'n1vIS#rof w4ij of 5quIFYeMI5e _] -f),,,, /,7\�,\`1 -g2 .--�J ",i /� Street k}ggl0np Orth r g fyntars I of Sotdh .�k _ N�.Q I J �/]�. Tend;e #O I/N OHh b6i CornerM Meln#arsacflm of south ppfpy b16711'MIC • lvertisin Clerk 'QQ T •, t,om n,e pm ea X env •ant areas g TjW rittiUb I a nd Thi L Iqr rW - ft re SOUr*NNrl h-of- y I of o M t Xnd orN Igeple X bitilt i thevi.01,reee 1•I rk0#tcnr1a1e1�d16tiYQa tYbbW#bWle�nTBMrd �Gd 1 rear �XI.- d ide eratf Ins deal el riwrq+9v0eve rllli 8 14.,r irate COYna VT,it11e ingrtsefnon tlt ag.r1 sMbeT eAd b d oomnwrclat ycit onL�#rGn{6 m wiMl 4helr irate g$freal11Nrtoe 5 Ot the iW NO r of 0ty financial Means111 110.1e 11yp1henl dec@nlpp1,,rtrtsbfi nd a do d Ope el West/col *Ter,to1118 • y, Corner,or the nl .4 th1,, al dPa111 r61 nWbwtl IMerseciton1 forfs. 1TB1mWa11I�n1 treye))p�Mi 1 p - S ttn�cb §yd ie111,-: krtessi re,,,MMik.o of eMMgMfOO mB SloWi #MAaWAl0501+SoloS ritbt btM oh11f7 t 7u1inpeatIllIM00 I1Ll001111 dinnaliC co twining f rgl,bh 4,30 L75s oils' 1 Cdy ,U.an 1S hIn 1(1!L ih6#gprlrla}1 h#Dinsdt Xobf IS of o 0rhn It c f I I of IV,'BlocksIl SO.S It Lake'Oaf -,10,95,76.i9.78.ore is Iy,eel) Vbdy TrWA91kat Pe h 11 IChYONct area b day o f iM ppaert o/ I 4 Plat TaBavelfpme City now n orb S lades.h-t that d al tb the tl IOpmeNY of auc`n it0of pSPksy'sL kBeVitt,t Ipp 191611 plea.The �ct.b6btdl f any, Prof th 'lb al non,! Ya Penh Po no tt e inlenf d Self Lbke Vitt,V keHIM do NnN rbS tb 1ne existing� @#r 9f 1lY!dISg1 cam of will beavailaCtlB M XR 00OIBet afefils to o5heel I h'Xw mnow4M1 durdbkB aVenn,n general area, +hood ass day7 VN f plan 8 I11 C� D� OhbOr - A. bb0 004 0, Tak M mein f651 elan Ttiti ordinance V pale?VeY•Ibtl f A7 a1S8 Jdne ts,IS. Wodnng etre eMMgetl rbMbel Nront elan en11nM,"Cat o. oo.��usA ttrYW al df SfWuC1Ol'a�IrWn BINNtbnd � luldln@s io perMlf Nelphbo prolact trim land to economic use and new lrrBoe0 DiValalattail PIOrist di lax: tibia 1NIb ottey ement financing Panc11g9 ithe rehlnn #hra'It tlkmte'mbl9 i 000$00icasuflfln91 alHtlfbianw ,p On 11#Y9Vp#I�pwhe a}t rf9de AMioi ta0�931A a nd idedtlrflWtll'�0K eerrm'g155 pppp D Itl raarpp�eey}p.,;...tor Anyroytanf4lnbbrb ibt10,hbft100�n�1 0001rnunily 6 Ilitee - it lev'Nd u1M!OAtLben7.i a.re06YefSMYahtbtofesr. <.Reh0bIiItanan of Sohidinge'ro lUre.YCx.nd 11xW lam each r Y or Por the b*Mlt,of the Vraate of Uta.,,env ttttV. ec0nbnliceoHvlryIn}hare*ereeW641 La a nY 000Mv iro e0 ad tv,myrtle dr pf r nk r58 NotaryPublic �?041m1110On .e)sYlFenenehl'el de#Iciencl Inniudlna (Dwane}r can roes cal»U taxi a es" eter ihd a Mhnba�r pMee'I rr1lar tot ivielat,oVercro ding allattve data of Ina brdil1L9Ce epdr vl n0 Me radeVelparent of the and ins t*rt otspt9'b'-}!reef d)ti tIS plan,sneu be dNlded e}fellows: concern E Afee ,ptnl al q enl utbandno WbatflnploC,de riff!of A.Tn6T XdrNpn 101 t}lvi oath yeul yearly rfO riv e fOi Colo tl ecf al ens drban, derope o tl developed taxi upon n 1na felte yet.' oath Y r ss or d veld.of a it rr0pVoh eO qeg10e # gu Ipant@,bPents l�n6ntale rs. reowbi e r 2s re,t Me t6I91 nT of the aof 1010,Value bf 0 proF i00alr000tanca IbbWlletparfI�Henrib"reabvtw01ts. 1,te pre on Mthe1' nf&rmrMith gbeaSanpwn pen#fIe F.I el menl,5X*Ibx Inchalntnf finan{IIpppp dI 1110ana of the ssess ant rest used In opn anion with rpe t0xbtibn et Sven U18n�N I rn10ro 50 ne,,Ip0Meitt f,it In 0ch late". Mied phpdi,5 0)6UC11 St n n agency.,il ,SltOdSln b Xre heel by relarenum1dmadeapartfillsd atiana9. ooiienla shall 1 hold Into the Weds o e th1 ve taxing the.I a mMIMMItY it W 1 note of Utah. a'niVr a texas l3Y 0 mr seltl fe 1 be T&Lan finer �151 g,}ilea 1'ipmd gldplq Nro d�t,t#C.tra6#y�uro6aM# pro! ry eYBrata ttotma�u y�+>?alfeganrro"l`akbe»v4lwYtvar r# W''Ig r p{(pp1it YSibM.Way.BW�t,I�11011s•iandRamd Mr a Y lacing abencY of *via wnitn me not anima Me S" gil'211t TX 10q oNlnr5 onto sfeneltco fee 1 rrin7o 1 ed velop�ned# -4'g u111huflicw11 man', See 2a&A.ids. #p, tad by tk9d nee.OP,,6,*0,61e1. dlnan mt#0 att h e t It tl Dean atsment oil maf P11 titled e C Ii torate6,0b011�herr peeV mean.e11T a • of the cou ty last a after 4d On Hgef a e to tthe ma 1 ail tde Jd lr to 1l;0 1 1 .Thr e0 Mrelh by p6.r.ch and of the county last quelin,n OA the oo #T to f the ordinance ode a t ain all,ordinance.t Three a capita of Meld Meador mill be shall pa led I defelrrt1 ffi egad I t10 of to taxable fried 8 Maintained lA 111 office of Ma city rBCOMM tar NWT "'I.Yhaltn it olelthA ar eCleh dotal aYd InsbEG Ion 11 fs tlbe al 9T the t n ell Wee in it takp t SUM 9ggS Bien afllolbnt 0110 IS lad.The G.9.D.000050abor- nant one l hnndnf,Ihdc oloUed o 1td no 000 c5,1d OY pB paid Mro h pay 1 iBie d tbq Je to is 197a11a nBYaW UeN9Mfa l a aped f fund of the ride elopinent aslant,t,#o pay the Orin cl I as f dff{a font too i WahOf thBgrolattf ai'ee. Of and i j Iesf on Ippaan Mon Y6 otl enc a fa or Mne 7yn S tfocpn'he. 19 A Slid fftt Ttfh�e SbX Lake CI}y twnefh t io m rater al Ins n.f 0�r IS6)I ItSloOl V Iy 5Idn • d1,0 Iitgartii9inth attellpWe: SUM part, cool 011 waxy ro�nano ra11NMh n<'e,1 W11 19 or co A The pbfaci SYBB rnmdrlslrq the meior pd orl ed The in par}awn fapavaloP 1*elect.U 1eS ante o e o thetotal antrrnal bU'teasd1Ol unt�liSPX LakectIoN 11-102e.Crlbetlinto eseessed valuation of the taxable r rry sad I70 r AnSot#ed 9 a' dnotdOd In Section /1 1oio .,14 Cold in 00 t coeds the toll S sled vat bof the taxablepr rtil Slot b a El nnni tool a}Ided,atltl p bf MBtnn056lbp n�W Sbly In sum prle*es shown b to last equalized. 1 roll areal heG servfoeffeaua»Mapdblic anpos0e}p1MYth InI0A referred to In subsectionA f thi Pion,alle1 the texaslevietl Welt N Ighb0MOpd 1111nd nn to Alf atef male WrttoiOf and collected Upon#h fineable'Slieerl0 in n rent lopmen4 Intend**,the astabllshmanf of the RetleveloOMent Agency Of Prollct shall be paid into the fund Of the re6petflve text.) S81t L keg City. gene! When such Ipe aNve11ce6 and*MawnesS If any. B Th'e 100 f0,• n)p M•oifi plan Its t Utah OD the anoWt and Invest insreon have been dank all'Molta1e thereat,r danei000 aree In p1 Itt Wlfh 1118 Ufeh,NOlgnbbtlIT, received front Irons Ube the tp ble property in wolf D¢velopn(enf Act a1M la ilt tfla bast lntaresis of the(0& baaaa; redevelopment protect hall )o paid Into the trines of the health, elm'Zee gcrt I Xeama metre Semi ell Yelpectl taxing agenciestaxes 6n al b..Peeperte ate C The adoplMn d car/ving oUt bt the pled is 61b16 ark paid, ecdndtnlcallY e0.un4 SECTION 2 In the opinion f.the Board of C9nhnislw1e6 of O The reaevtlopnlani tit C roan le awl Is cdMbalible Salt Lake CM,If le'ne S Y to the deem,health and/eifereof. wit .Ire cart•p1ahiutSf4 Ukke Cify Ufeh. the Cl#Y i Salt L k th tihi ordinancefake select liniedlafeM. E.the CB Mi dJT b#ryn ted4vb(OdMbn#'clan will rdiore SECTION 3 i1116 oral flatlet snail t e effect at tMOFI Ih tine bl(1jl'c�1 tU Oaltlnry sFetn and fora Of lnt munity #Irs#P bloc by Board f Commiss10 rl Of Sb11 Le.ke Wits this N0liOIONYt00dpg b10pfn'OOTh.'rag d tl 10Y.0#lea Uteh sox F TTThhhbbb dahld1NtMyyf Athcat'ralSprodbrw 1ttI10 abpi'Ovldded 16M day of June,1976. YED L.WILSON for Ina.Oevetaphrtntblbthl 0O VMS,*6xoOU1r0ao,111e i Mayas ipeba l0"n Ip n0e N ISave de riot A/V1,77LDDRµ£O V.NIOHAA4 vManf pfg aenn p V Id 11 mollnred Y law. CitYRacn/de} O Th Ratl9Nve�qq f Lekt till ts6 e (g tem perm Fran!or the nrMt'',di of ppee �yy If aaJ to Oa It i�yJss joist 1,T tempo !1)Y yy pert nen#ly dligl�hettl'MU'slty Ibc(IIXbB In PVhliSniO hjPO�,56/6. if-rat fhe nroiatl Y9a..;'_.._......._.... 10_'" t�