02/09/2016 - Minutes MINUTES OF THE
766th MEETING OF THE
BOARD OF DIRECTORS OF THE
REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, February 09, 2016
451 South State Street, Room 326
Salt Lake City, Utah
2:00 p.m.
1. 2:02:21 PM Roll Call The following members of the Board of Directors of the
Redevelopment Agency of Salt Lake City were present:
Lisa Adams, Chairperson
Derek Kitchen, Vice-Chairperson
Stan Penfold, Director
Andrew Johnston, Director
Charlie Luke, Director
James Rogers, Director
Erin Mendenhall, Director
Also Present:
Jackie Biskupski, Administrative Officer
Justin Belliveau, Interim Executive Director
Others Attending:
Ed Butterfield, Senior Project Manager
Jill Wilkerson-Smith, Project Manager
Kort Utley, Project Manager
Ben Davis, Project Manager
David Arteaga, Project Coordinator
Cara Lindsley, Project Coordinator
Tammy Hunsaker, Project Coordinator
Amanda Holty, Marketing and Communications Coordinator
Damon Georgelas,Agency Legal Counsel
Crayola Berger, Accountant II
Jolynn Walz, Office Manager
Kalli Ruiz, Office Facilitator
Micah Peters, Clearwater Homes
Kyle Jardine, PEG Development
RDA Board Meeting Minutes
Tuesday,February 9,2016
Page 2
2. 2:03:11 PM Briefing by the Staff.
DJ Baxter
The RDA Board invited DJ Baxter to the meeting in order to honor him for the eight years he
served as Redevelopment Agency's Executive Director. They expressed their gratitude for his
hard work, vision, and dedication to the Agency and to Salt Lake City.
The RDA Board presented Mr. Baxter with a book of pictures that displayed projects that he had
worked on throughout his career. Board members also presented flowers to DJ's wife, Amy
Defreese and thanked her for allowing so much of Mr. Baxter's personal time to be dedicated
towards the RDA.
Convention Hotel Committee
Interim Executive Director Belliveau explained that a replacement is needed to serve on the
Convention Hotel Selection Committee. Board Members selected Justin Belliveau to serve on
the Convention Hotel Selection Committee.
GUCOA
Interim Executive Director Belliveau stated that an interim replacement for the Agency's
representative on the GUCOA Board(Gallivan Utah Center Owners Association) is needed.
RDA Board members recommended Justin Belliveau to serve on the GUCOA.
3. 2:12:55 PM Approval of the Minutes from the Meeting held January 12, 2016.
Director Rogers made a motion to approve the minutes from the meeting held January 12, 2016.
Director Luke seconded the motion. Upon roll call, Chairperson Adams declared the motion
unanimously approved. View Minutes
4. 2:13:16 PM Report of the Chief Administrative Officer.
Chief Administrative Officer Biskupski thanked the RDA Board and Staff for explaining and
guiding her and her team through the reconsideration process. She also thanked Justin Belliveau
for serving as interim director in Mr. Baxter's absence.
5. Public Comments.
No public comments were presented.
6. Redevelopment Business Action Items.
A. 2:16:44 PM Request for Reconsideration by the Chief Administrative Officer
of the resolution to enter into an Exclusive Negotiations Agreement for
development of the property located at 340 West 200 South in the Central
Business District Project Area.
RDA Board Meeting Minutes
Tuesday,February 9,2016
Page 3
Discussion to reconsider Resolution No. 765.01 authorizing the RDA to enter into an exclusive
Negotiations Agreement with the joint venture of PEG Development and Clearwater Homes
Regarding the Development of RDA-owned Property. View Attachment
Interim Executive Director Belliveau stated that Mayor Biskupski has requested the RDA Board
reconsider Resolution No. 765.01, which authorized the RDA to enter into an Exclusive
Negotiations Agreement with the joint venture of PEG Development and Clearwater Homes for
the development of RDA-owned Property located at 340 West 200 South.
Interim Executive Director Belliveau explained the reconsideration process and stated that Chief
Administrative Officer Biskupski would like to reopen the discussion and talk about the level of
affordable housing within this project, long term housing needs, and whether any additional
RDA resources are needed to meet those needs.
2:20:32 PM Director Penfold made a motion to reconsider Resolution No. 765.01. Director
Mendenhall seconded the motion. Upon roll call, Chairperson Adams declared the motion
unanimously approved.
Director Mendenhall asked whether a housing analysis could be performed to decide if further
RDA resources are needed to enhance RDA projects and meet the housing goals and needs.
Interim Executive Director Belliveau said he felt there could be an evaluation of City and RDA
housing need and goals during each land disposition. He explained that this evaluation could be
utilized in during this particular project as staff continues to work with the developer to analyze
the feasibility of this project, and to review the constraints of the site.
Director Mendenhall expressed concern with delaying this project with such a process.
The Developers of the project, Micah Peters of Clearwater Homes and Kyle Jardine of PEG
Development were asked to address the Board.
Mr. Peters that given direction from the Board at last month's meeting and then being informed
of the Mayor's concerns, his team will develop a matrix that outlines multiple scenarios of
affordability based on varying levels of Area Median Income (AMI) and the relationship
between each scenario of affordability and the associated incentive that may be required to
enable the developer to achieve each scenario. All scenarios of affordability shown on this
matrix will be based on a minimum of 20% of the total units being affordable as required by the
Board. This matrix will be presented to the Board for approval at a later date.
Director Penfold asked whether RDA Staff has considered ways to structure a discussion with
the Board on how to develop a policy on when to allow a land write down for a project. Interim
Executive Director Belliveau said that staff has started those conversations and hopes to provide
more information for consideration at the March Board Meeting.
RDA Board Meeting Minutes
Tuesday,February 9,2016
Page 4
Director Penfold asked whether this project could be used as a pilot project to help guide policy,
without delaying the project. Interim Executive Director Belliveau said yes.
Mr. Peters stated that new developments may not be the only vehicle to achieve affordable
housing. He suggested that the City approach developers of other recently constructed multi-
family units, to explore whether they would be willing to set aside a small percentage of their
units for a certain AMI category in exchange for financing incentives. He also suggested that the
City approach owners of older housing structures and offer loans for upgrades and improvements
provided they are willing to set aside some units to help accomplish affordable housing goals.
Director Penfold asked RDA staff to track these suggestions to be considered as part of a future
policy discussion.
Vice-Chairperson Kitchen stated that he thought that during the January meeting, Staff was
directed to research the AMI range of 50%-70%. He asked Mayor Biskupski whether there was a
range that she preferred to see within the project. Chief Administrative Officer Biskupski said
that the 50%-70%AMI range was in line with her thoughts and expressed her appreciation for
today's discussion.
Director Rogers stated there have been many conversations concerning affordable housing
during RDA and City Council meetings; however no final decisions are ever made. He requested
that at the next Board meeting options, incentives, and implementation steps for affordable
housing are presented and solidified so that RDA Staff has the direction they need to move
forward.
2:47:30 PM Vice-Chairperson Kitchen made a motion to affirm Resolution No. 765.01
(Resolution R-5-2016) with the expectation that RDA Staff and the Developer identify and
present a way to expand the proposed range of affordability of the project and what financial
support may be required from the RDA. Director Mendenhall seconded the motion. Upon roll
call, Chairperson Adams declared the motion unanimously approved.
B. 2015-2016 Budget:
1. Public Hearing for Adoption of the Second Amendment to the 2015-
2016 Annual Implementation Budget.
The RDA Board will hold a Public Hearing to accept comments from the public regarding the
proposed Second Amendment to the 2015-2016 RDA Budget. View Attachment
2:49:20 PM Chairperson Adams opened the public hearing and called for comments on the
proposed second amendment to the 2015-216 RDA Budget. There were no public comments.
Director Penfold made a motion to close the public hearing. Director Rogers seconded the
motion. Upon roll call, Chairperson Adams declared the motion unanimously approved and the
public hearing was closed.
RDA Board Meeting Minutes
Tuesday,February 9,2016
Page 5
2. 2:49:31 PM Consideration and Adoption of a Resolution of the Board of
Directors of the Redevelopment Agency of Salt Lake City Adopting the Second
Amendment to the Annual Implementation Budget for the Fiscal Year Commencing
July 1, 2015 and Ending June 30, 2016.
Staff has proposed, and RAC has recommended, several amendments to the 2015-2016 Budget to
reallocate funds received from various sources and amend the current staffing document. View
Attachment
Interim Director Belliveau stated that Staff is requesting that the Administrative Secretary
position be increased from an 80%/20% shared position with CED to a full-time position for the
Agency, due to the increase in RDA staff members and the complexity of the projects additional
support needed. He explained that no additional funding is required.
Interim Director Belliveau explained that the second change to the 2015/2016 Budget is a
temporary position to support the opening of the Eccles Theater. Due to the importance of
maintaining continuity through the completion and opening of the Eccles Theater, the Mayor
proposes adding this position and current occupant, Katherine Potter, to the RDA through
completion of the Eccles Theater and the remainder of 2016.
Director Penfold made a motion to approve the Second Amendment to the 2015/2016
Annual Implementation Budget(Resolution R-3-2016). Director Rogers seconded the motion.
Upon roll call, Chairperson Adams declared the motion unanimously approved.
C. 2:51:32 PM Consideration and Adoption of a Resolution of the Board of
Directors of the Redevelopment Agency of Salt Lake City Approving an
Amendment to the Purchase and Sale Agreement with Everest Builders for
the Development of Agency-Owned Property Located at 500 North and
Arctic Court.
Everest Builders is requesting a three month extension to complete the building permit process
for the proposed 12-unit town home development on Parcel 4 of the Marmalade Block at 500
North and Arctic Court. View Attachment
Mr. Butterfield explained that Staff is returning to the Board with an amendment to the Purchase
and Sale Agreement with Everest Builders. He stated that Everest Builders is requesting a three
month extension to complete the building permit process for the proposed 12-unit town home
development on the Marmalade Block at 500 North and Arctic Court. He added that the
amendment would extend the closing date to May 23, 2016.
2:53:00 PM Director Penfold made a motion to approve the resolution (Resolution R-4-2016)to
amend the purchase and sale agreement. Director Mendenhall seconded the motion. Upon roll
call, Chairperson Adams declared the motion unanimously approved.
RDA Board Meeting Minutes
Tuesday,February 9,2016
Page 6
7. Redevelopment Business Updates.
A. Budget
1. 2:53:22 PM 2016/2017 Budget Schedule
Staff has prepared an updated schedule for the 2016-17 budget process, the schedule is
informational and no action is required View Attachment
Interim Director Belliveau reviewed the draft 2016/2017 Budget Meeting Schedule with the
RDA Board.
Chairperson Adams asked for Staff to present budgets and budget options on affordable housing
contributions within each project area during the March 2016 meeting.
2. 2:58:14 PM 10-Year Budget Projections
Staff has prepared 10 year budget projections in preparation for the 2016/2017 budget process.
The spreadsheets provided in the written briefing reflect likely available tax increment after
contractual and other fixed obligations. The projections are informational and no action is
required View Attachment
Interim Director Belliveau said as the Board begins the budget process,the 10-year Budget
Projections are a good resource to consider as the basis for the Agency's likely allocation of tax
increment in each project area. He explained the numbers will be finalized once Staff has
receives the disbursement from Salt Lake County in April.
8. Redevelopment Business/Written Briefings.
None.
9. Consent.
None.
10. Closed Meeting.
A. 2:58:57 PM Consider Adopting A Motion To Enter Into A Closed Meeting In
Keeping With Utah Code To Discuss Pending Litigation and/or The
Acquisition/Disposition Of Real Property and/or Attorney-Client Matters That Are
Privileged Pursuant To Utah Code Ann. § 78b-1-137(2).
Director Johnston made a motion to enter into a closed meeting to discuss matters of pending
litigation and/or the acquisition/disposition of real property and/or attorney-client matters and
that the Board meeting would stand adjourned at the conclusion of the closed meeting. Vice-
Chairperson Kitchen seconded the motion. Upon roll call, Chairperson Adams declared the
motion unanimously approved.
RDA Board Meeting Minutes
Tuesday,February 9,2016
Page 7
The closed meeting of the Board of Directors of the Redevelopment Agency of Salt Lake City
was held at the City and County Building, 451 South State Street, in Room 326 at 3:00 PM on
Tuesday, February 9, 2016.
The following members of the Board of Directors of the Redevelopment Agency of Salt Lake
City were present: Lisa Adams, Chairperson; Derek Kitchen, Vice Chairperson; Stan Penfold,
Director; Andrew Johnston, Director; James Rogers, Director; Charlie Luke, Director.
The following members of the staff of the Redevelopment Agency of Salt Lake City were
present: Justin Belliveau, Interim Executive Director; Crayola Berger, Accountant; Jolynn Walz,
Office Manager; Kalli Ruiz, Office Facilitator; Tammy Hunsaker, Project Coordinator.
Others present: Tom Berggren, Agency Legal Counsel; Damon Georgelas, Legal Counsel; Katie
Lewis, Legal Counsel; Jennifer Bruno, Salt Lake City Council Office, and Jackie Biskupski,
Chief Administrative Officer.
The Board discussed the acquisition/disposition of real property and attorney client matters that
are privileged pursuant to Utah Code.
There being no further business, Chairperson Adams called for a motion to exit the closed
meeting. Director Penfold made a motion to exit the closed meeting and Director Rogers
seconded the motion. Upon roll call, Chairperson Adams declared the motion unanimously
approved and the closed meeting. The meeting was adjourned at 4:00 PM.
11. Adjournment.
There being no further business, the meeting was adjourned.
Lisa R. Adams, Chairperson