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09/14/2021 - MinutesThe Board of Directors of the Redevelopment Agency (RDA)of Salt Lake City met on Tuesday, September 14,2021 in an Electronic Meeting,pursuant to the Chair’s determination. The following Board Members were present: Dennis Faris,Amy Fowler,Ana Valdemoros,Chris Wharton,Daniel Dugan,Darin Mano,James Rogers Present Agency Leadership: Mayor Erin Mendenhall,Danny Walz –Chief Operating Officer Present City Staff: Ashley Ogden –Project Manager,Cara Lindsley –Project Manager,Corinne Piazza –Project Manager,Tammy Hunsaker –Deputy Chief Operating Officer,Tracy Tran –Project Manager, Cindy Lou Trishman –City Recorder,Allison Rowland –Public Policy Analysis II,Taylor Hill –Council Staff,Ben Luedtke –Pubilc Policy Analysist II Director Chair Valdemoros presided at and conducted the meeting. The meeting was called to order at 2:19 pm MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY Tuesday,September 14,2021 1 A.Comments: 1.General Comments to the Board ~2:00 p.m. 5 min The RDA Board of Directors will receive public comments regarding Redevelopment Agency business in the following formats: 1.Written comments submitted to RDA offices,451 South State Street,Suite 118,P.O. Box 145455,Salt Lake City,UT.84114-5455. 2.Comments to the RDA Board of Directors.(Comments are taken on any item not scheduled for a public Hearing,as well as on any other RDA Business.Comments are limited to two minutes.) Minutes: Director Valdemoros welcomed all in attendance to the meeting and reviewed the rules of decorum. Michael Valentine read an email regarding the Pantages Theater and its historical value,made allegations regarding Mayor Mendenhall’s campaign finance,and asked the Board to save the theater. Director Wharton noted the rules of decorum specifically stated that the allegations made against the Mayor were against decorum. Director Valdemoros agreed with Board Member Wharton and expressed appreciation for Mr.Valentine’s investment while noting that future defamatory commentary was not allowed. Oscar Arvizu expressed support for saving the Pantages Theater and asked the Board to place the theater on the City’s historical registry. Colin Cronin expressed concern for the historic value that the City might lose with the destruction of the Pantages Theater. Sharon Franz asked Board Members to make the Pantages Theater a historic City landmark. Robert Stefanik expressed concern regarding the Pantages Theater. David Berg asked the Board to grant historic status to the Pantages Theater. Shane Franz commented on the Pantages Theater and asked the Board to grant historic status to the theater. Mario Ruiz expressed support for granting historic status to the Pantages Theater. MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY Tuesday,September 14,2021 2 B.Public Hearing -individuals may speak to the Board once per public hearing topic for two minutes,however written comments are always accepted: NONE. Minutes: Item not held. C.Redevelopment Agency Business -The RDA Board of Directors will receive information and/or hold discussions and/or take action on: 1.Approval of Minutes ~2:05 p.m. 5 min. The Board will approve the meeting minutes of Tuesday,August 24,2021. Motion: Moved by Director Rogers,seconded by Director Mano to to approve meeting minutes of Tuesday,August 24,2021. AYE:Dennis Faris,Ana Valdemoros,Chris Wharton,Daniel Dugan,Darin Mano,James Rogers ABSENT:Amy Fowler Final Result:6 –0 Pass 2.Motion:Meeting Remotely Without an Anchor Location ~2:10 p.m. 5 min. The Board will consider a motion to ratify the Chair’s determination to continue meeting remotely and without an anchor location due to the health and safety of the people who may be in attendance,and considering the continued closure of the City and County Building to the public. Motion: Moved by Director Wharton,seconded by Director Dugan to approve to ratify the Chair’s determination to continue meeting remotely without an anchor location due to the health and safety of the people who may be in attendance, and considering the continued closure of the City and County Building to the public. AYE:Dennis Faris,Ana Valdemoros,Chris Wharton,Daniel Dugan,Darin Mano,James Rogers ABSENT:Amy Fowler Final Result:6 –0 Pass MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY Tuesday,September 14,2021 3 3.Resolution:Richmond Flats Loan Amendment ~2:15 p.m. 20 min. The Board will be briefed about,and will consider adopting,a resolution that would amend the Community Development Corporation of Utah’s (CDCU)loan term sheet for the affordable housing development known as Richmond Flats,to be located at approximately 2960 South Richmond Street.The proposed amendment would authorize an amendment to the term sheet of a $1,800,000 loan at the request of CDCU.This would restructure the loan so that the RDA lien is on only the land and not on the improvements, which in turn would help the organization’s tax credit application.The Board approved a previous amendment to the terms for acquisition and redevelopment of the properties in May 2020. Minutes: Allison Rowland,Tracy Tran,and Tammy Hunsaker presented the Richmond Flats Loan including project overview,project summary,the proposed loan term amendment, approved terms with proposed amendments,considerations,and next steps. Director Mano asked for clarification on the reasoning for the change in terms.Ms. Hunsaker explained the the long-term ownership of the land was clarified through the updated language. Motion: Moved by Director Dugan,seconded by Director Wharton to adopt Resolution 15 of 2021,amending the Community Development Corporation of Utah’s (CDCU)loan term sheet for the affordable housing development known as Richmond Flats. AYE:Dennis Faris,Ana Valdemoros,Chris Wharton,Daniel Dugan,Darin Mano,James Rogers ABSENT:Amy Fowler Final Result:6 –0 Pass MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY Tuesday,September 14,2021 4 4.Resolution:RDA Budget Amendment No.1 for Fiscal Year 2021-22 ~2:35 p.m. 30 min. The Board will receive a briefing about a resolution that would amend the final budget of the Redevelopment Agency of Salt Lake City for Fiscal Year 2021-22.Budget amendments happen several times each year to reflect adjustments in the Redevelopment Agency’s budget,including proposed project additions and modifications,and staffing changes.The amendment includes funding for retail tenant relocation assistance and City Creek daylighting along the Folsom Trail designs among other items. Minutes: Ben Luedtke presented the budget amendment including: •Funding for retail tenant relocation assistance •City Creek day lighting •Folsom Trail designs Director Mano asked why the developers of the retail tenant location were not helping with the relocation funds.Mr Luedtke and Danny Walz explained it was a recommendation,not a requirement. Director Mano asked to further discuss these types of recommendations on a broader scale. MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY Tuesday,September 14,2021 5 5.Informational:Project Area Extensions ~3:05 p.m. 20 min. The Board will be briefed about the potential extension of certain Agency project areas due to the impacts of the COVID-19 pandemic.During a 2020 special session,the State Legislature passed Senate Bill 6001,which allows a Community Reinvestment Agency to extend for up to two years the property tax increment collection period.The Board may consider a resolution to authorize the extension as well as propose the potential use of additional increment. Minutes: Ben Luedtke presented the Project Area Extensions due to the COVID-19 Pandemic, explained the two deadlines,and stated four project areas were recommended to extend deadlines to meet State requirements. Danny Walz highlighted primary objectives such as providing immediate assistance and short-term involvement,and to focus on residences whom have been hit the hardest by COVID-19. Director Valdemoros asked if any direction needed.Mr.Luedtke stated direction was needed for Staff to have enough time to create the legislation by November. Director Mano expressed that his hesitancy for support depended on the next agenda item. A Straw Poll of support requesting staff to return with resolutions to extend the four project areas for two years was supported by all present. MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY Tuesday,September 14,2021 6 6.Informational:Strategic Alignment of RDA Values and Resources ~3:25 p.m. 20 min. The Board will be briefed about several upcoming draft programs and policies the RDA anticipates to be ready for review within the next 12 months.This includes new and updates to existing programs and policies.The briefing is part of a longer effort to better target resources by aligning with the Board’s priorities and community needs. Minutes: Tammy Hunskaker presented the strategic alignment of the RDA values and resources including an overview,targeting resources to community needs,proposed policy and program revisions. Director Dugan stated there were many items on the list,worried that it was more than the RDA could handle. Director Mano inquired about investments for the Westside.Ms.Hunsaker explained there were items in the Work Plan that would increase worker mobility and support the creation of affordable housing on the Westside of the City. Director Wharton stated it was ambitious but was appreciative of the focus on equity and sustainability. Director Rogers expressed excitement towards the efforts put forward for the development of Salt Lake City. Director Valdemoros commented on the way the City was being proactive and focused on helping neighbors in an equitable way. MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY Tuesday,September 14,2021 7 7.Informational:RDA Equitable and Inclusive Development Work Plan ~3:45 p.m. 20 min. The Board will be briefed about the draft Equitable and Inclusive Development Work Plan (“Work Plan”).It’s intended to be an internal guidance document to address historical inequities and discrimination in the real estate development industry by considering these factors in project prioritization and budgeting efforts.It also outlines development goals, actions items,and lists some initial ideas for new or amended RDA programming that would directly support the Work Plan. Minutes: Ashley Ogden presented the RDA equitable and inclusive development Work Plan including: •Purpose statement •Work Plan structure •Ten goals of the project: ◦data-informed decision-making ◦anti-displacement ◦wealth building ◦equitable relocation ◦access to opportunity ◦environmental justice ◦authentic place making ◦community partnerships ◦inclusive outreach ◦increased diversity of projects and applicants •Potential programming ideas •Next steps to implement the Work Plan Director Mano asked where/when in the hierarchy the workflow would get used.Ms. Ogden explained it would help inform all policies to staff as projects were created. Director Mano said he wanted to see the goals and objectives revisited/evaluated to ensure the program’s success.Tammy Hunsaker explained the idea was to track that information and provide it to the Board on an annual or semi-annual basis. Director Wharton asked how groups that had traditionally been under served were included in the plan.Ms.Hunsaker explained they were still included in the process and would be presented to the Board as the information was obtained.Ms.Ogden explained conversations would be held with the groups that had been traditionally under served. Danny Walz stated meetings with Dr.Parker had been held as part of the development of the plan. MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY Tuesday,September 14,2021 8 8.Informational:Westside Community Initiative ~4:05 p.m. 20 min. The Board will be briefed about the framework for a new program to use Inland Port Housing Funds to advance development activities on the City’s Westside.The new program is tentatively called the Westside Community Initiative (WCI).The proposed WCI would be based on models of community land trusts and cooperative housing developments,but would be broader,facilitating the implementation of transformative mixed-income,mixed-use projects with a focus on affordable homeownership.The projects would be leveraged with additional public benefits including neighborhood services,economic opportunity,and transit-oriented development.This long-term approach to development projects would allow the WCI to balance the implementation of public benefits with the ability to generate revenue to be reinvested back into the community. Minutes: Allison Rowland explained no action was required for this item and was strictly informational. Tammy Hunsaker provided a presentation on the Westside Community Initiative including an overview,purpose of the project,goals,funding sources,activities,and next steps. Director Dugan expressed appreciation for the presentation. Director Valdemoros asked about rental projects and if there could be intervention or tracking to see the progress from rental to affordable housing opportunities. MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY Tuesday,September 14,2021 9 9.Informational:Update on the Spark!Project (Former Overniter Motel)at 1500 West North Temple ~4:25 p.m. 20 min. The Board will receive a briefing about the Spark!project including an update on the project status,housing unit mix,and upcoming administrative and RDA Board steps.The proposed Spark!project is located at the former Overniter Motel property,1500 West North Temple in the North Temple Project Area.The proposed project will include approximately 200 affordable and workforce housing in a variety of sizes;approximately 4,000 square feet of pedestrian-scale retail space oriented towards North Temple;a transit-oriented corner plaza;additional plaza or rooftop garden space;and a potential daycare facility. Minutes: Allison Rowland explained no action was required and the main purpose was to update the Board on the project. Corinne Piazza presented the Spark!Project including property details,proposed Spark!mixed-use projects,RDA involvement,status update,unit mix and financing, preserving affordability into the future,area growth,and the next administrative steps. Director Valdemoros questioned the finance gap between the land disposition and the potential additional funding request.Ms.Piazza explained the financial gap was not determined and the land disposition was a key piece to keeping the development affordable. MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY Tuesday,September 14,2021 10 10.Informational:North Temple Implementation Plans ~4:45 p.m. 20 min. The Board will be briefed about the draft Implementation Plan for the North Temple Project Area.Implementation plans are intended to identify specific objectives over the next five years that incorporate and balance the goals of the City,the RDA,and the community.The plans will guide the development of the RDA’s annual funding requests that are brought to the RDA Board each fiscal year.This draft plan includes improvements to the Folsom Trail,public art and small business incentives for properties along that trail,and assisting with the State Fairpark master plan among other items. Minutes: Cara Lindsley presented the North Temple implementation plans including: •Project area implementation plans •RDA’s active project areas •North Temple implementation area boundaries •Project objectives •Budget summary and projections •Assets •Priority programs including short-term,long-term,mid-term and completed projects Director Faris expressed appreciation for the work on the projects. Director Valdemoros asked for the status of the Fairpark project.Ms.Lindsley explained that some projects in the master plan had components that would be completed sooner while others took longer to finish. Director Rogers suggested hosting a presentation from Larry Mullenax for the RDA Board. 11.Report and Announcements from the Executive Director TENTATIVE 5 min. Report of the Executive Director,including a review of information items, announcements,and scheduling items.The Board of Directors may give feedback or policy input. Minutes: Mayor Mendenhall commented on the information provided in the meeting and noted her appreciation for the Board and Staff for the work being done. MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY Tuesday,September 14,2021 11 12.Report and Announcements from RDA Staff TENTATIVE 5 min. The Board may review Board information and announcements.The Board may give feedback on any item related to City business,including but not limited to Scheduling Items. Minutes: No announcements. MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY Tuesday,September 14,2021 12 D.Written Briefings –the following briefings are informational in nature and require no action of the Board.Additional information can be provided to the Board upon request: NONE. E.Consent –the following items are listed for consideration by the Board and can be discussed individually upon request.A motion to approve the consent agenda is approving all of the following items: 1.Resolution:RDA Budget Amendment No.1 for Fiscal Year 2021-22 The Board will set the date of Tuesday,October 12,2021 at 2 p.m.to accept public comment and consider adopting resolution that would amend the final budget of the Redevelopment Agency of Salt Lake City for Fiscal Year 2021-22.Budget amendments happen several times each year to reflect adjustments in the Redevelopment Agency’s budget,including proposed project additions and modifications,and staffing changes.The amendment includes funding for retail tenant relocation assistance and City Creek daylighting along the Folsom Trail designs among other items. Motion: Moved by Director Wharton,seconded by Director Dugan to approve the Consent agenda. AYE:Dennis Faris,Ana Valdemoros,Chris Wharton,Daniel Dugan,Darin Mano,James Rogers ABSENT:Amy Fowler Final Result:6 –0 Pass MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY Tuesday,September 14,2021 13 F.Tentative Closed Session The Board will consider a motion to enter into Closed Session.A closed meeting described under Section 52-4-205 may be held for specific purposes including,but not limited to: 1.discussion of the character,professional competence,or physical or mental health of an individual; 2.strategy sessions to discuss pending or reasonably imminent litigation; 3.strategy sessions to discuss the purchase,exchange,or lease of real property: (i)disclose the appraisal or estimated value of the property under consideration;or (ii)prevent the public body from completing the transaction on the best possible terms; 4.strategy sessions to discuss the sale of real property,including any form of a water right or water shares,if: (i)public discussion of the transaction would: (A)disclose the appraisal or estimated value of the property under consideration; or (B)prevent the public body from completing the transaction on the best possible terms; (ii)the public body previously gave public notice that the property would be offered for sale;and< (iii)the terms of the sale are publicly disclosed before the public body approves the sale 5.discussion regarding deployment of security personnel,devices,or systems;and 6.investigative proceedings regarding allegations of criminal misconduct. A closed meeting may also be held for attorney-client matters that are privileged pursuant to Utah Code §78B-1-137,and for other lawful purposes that satisfy the pertinent requirements of the Utah Open and Public Meetings Act. Minutes: Closed Session Start Time:4:49 pm Closed Session Attendance:Board Members Valdemoros,Faris,Wharton,Rogers,Mano, Dugan,and Fowler City Staff:Executive Director Erin Mendenhall,Rachel Otto,Lisa Shaffer,Andrew Johnston,Katie Lewis,Mary Beth Thompson,Lindsey Nikola,Danny Walz,Tammy Hunsaker, Amanda Greenland,Ben Kolendar,Lorena Riffo Jenson,Allison Parks,Cara Lindsley,Robyn Stine,Cindy Gust-Jenson,Jennifer Bruno,Lehua Weaver,Allison Rowland,Ben Luedtke,Sam Owen,Cindy Lou Trishman and Taylor Hill Motion by Director Wharton,seconded by Director Dugan to exit the Closed Session.Roll call vote (all voted aye)with Amy absent. Closed Session ended at 5:39 pm Motion: MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY Tuesday,September 14,2021 14 Moved by Director Wharton,seconded by Director Faris to enter into Closed Session purposes of real estate strategy and to receive the advice of Counsel. AYE:Dennis Faris,Ana Valdemoros,Chris Wharton,Daniel Dugan,Darin Mano,James Rogers ABSENT:Amy Fowler Final Result:6 –0 Pass MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY Tuesday,September 14,2021 15 G.Adjournment Meeting adjourned at 5:39 pm Minutes Approved:May 10,2022 ______________________________ Redevelopment Agency Chair ______________________________ City Recorder This document is not intended to serve as a full transcript as other items may have been discussed;please refer to the audio or video for entire content pursuant to Utah Code §52-4-203(2)(b). To listen to the audio recording of the meeting or view meeting materials,please visit Salt Lake City Public Body Minutes library,available at www.data.slc.gov,selecting the Public Body Minutes hyperlink.If you are viewing this file in the Minutes library,use the links on the right of your screen within the ‘Document Relationships’information to listen to the audio or view meeting materials. This document along with the digital recording constitutes the official minutes of the Redevelopment Agency meeting held Tuesday,September 14,2021 MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY Tuesday,September 14,2021 16 Ana Valdemoros (May 12, 2022 01:30 MDT) Cindy Trishman (May 17, 2022 17:40 MDT) September 14,2021 RDA Minutes Final Audit Report 2022-05-17 Created:2022-05-10 By:Michelle Barney (michelle.barney@slcgov.com) Status:Signed Transaction ID:CBJCHBCAABAAwm22NgFrJtU7jObzprCSVKuDiw4SQiT8 "September 14,2021 RDA Minutes" History Document created by Michelle Barney (michelle.barney@slcgov.com) 2022-05-10 - 10:35:53 PM GMT Document emailed to Ana Valdemoros (ana.valdemoros@slcgov.com) for signature 2022-05-10 - 10:36:33 PM GMT Email viewed by Ana Valdemoros (ana.valdemoros@slcgov.com) 2022-05-11 - 3:24:04 AM GMT Email viewed by Ana Valdemoros (ana.valdemoros@slcgov.com) 2022-05-12 - 3:34:22 AM GMT Document e-signed by Ana Valdemoros (ana.valdemoros@slcgov.com) Signature Date: 2022-05-12 - 7:30:08 AM GMT - Time Source: server Document emailed to Cindy Trishman (cindy.trishman@slcgov.com) for signature 2022-05-12 - 7:30:10 AM GMT Document e-signed by Cindy Trishman (cindy.trishman@slcgov.com) Signature Date: 2022-05-17 - 11:40:18 PM GMT - Time Source: server Agreement completed. 2022-05-17 - 11:40:18 PM GMT