No preview available
08/15/2023 - Meeting Materials    Board of Directors of the REDEVELOPMENT AGENCY OF SALT LAKE CITY   LIMITED AGENDA   August 15, 2023 Tuesday 2:00 PM Council Work Room 451 South State Street, Room 326 Salt Lake City, UT  84111 SLCRDA.com In accordance with State Statute and City Ordinance, the meeting may be held electronically.  After 5:00 p.m., please enter the City & County Building through the main east entrance. This is a discussion among RDA Board Directors and select presenters. The public is welcome to listen, unless otherwise specified as a public comment period. Items scheduled may be moved and / or discussed during a different portion of the Meeting based on circumstance or availability of speakers. Item start times and durations are approximate and are subject to change at the Chair’s discretion. Generated: 12:24:41 Comments:A. NONE.   B.Public Hearing - individuals may speak to the Board once per public hearing topic for two minutes, however written comments are always accepted: NONE.   C.Redevelopment Agency Business - The RDA Board of Directors will receive information and/or hold discussions and/or take action on:   1.Resolution: Amendment to Terms for Loan to Ville 1659, LLC TENTATIVE  10 min. The Board will receive a briefing about and consider adopting a resolution that would amend the terms for a loan to Ville 1659. 2.Resolution: Clarification of the Housing Development Loan Program TENTATIVE  10 min The Board will receive a briefing about and consider adopting a resolution clarifying the Housing Development Loan Program.     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: NONE.   Adjournment   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. G.   CERTIFICATE OF POSTING On or before 5:00 p.m. on _____________________, the undersigned, duly appointed City Recorder, does hereby certify that the above notice and agenda was (1) posted on the Utah Public Notice Website created under Utah Code Section 63F-1-701, and (2) a copy of the foregoing provided to The Salt Lake Tribune and/or the Deseret News and to a local media correspondent and any others who have indicated interest. CINDY LOU TRISHMAN SALT LAKE CITY RECORDER Final action may be taken in relation to any topic listed on the agenda, including but not limited to adoption, rejection, amendment, addition of conditions and variations of options discussed. The City & County Building is an accessible facility. People with disabilities may make requests for reasonable accommodation, which may include alternate formats, interpreters, and other auxiliary aids and services. Please make requests at least two business days in advance. To make a request, please contact the City Council Office at council.comments@slcgov.com, 801-535-7600, or relay service 711. Items C1 & C2 MOTION SHEET Redevelopment Agency Board of SALT LAKE CITY TO:RDA Board Members FROM: Allison Rowland Budget & Policy Analyst DATE:August 15, 2023 RE: RESOLUTION: SEPARATE MOTIONS ON AMENDMENT TO TERMS FOR LOAN TO VILLE 1659, LLC, AND CLARIFICATION OF HOUSING DEVELOPMENT LOAN PROGRAM Staff notes: -These motions are eligible for the Board to consider now that the Board approved the “motion to reconsider” in the previous meeting. Staff has separated out the two components of the resolution that was adopted by the Board in July, so the Board can consider each item separately. -The clarification of the Housing Development Loan Program appears in the attachment to the resolution, Exhibit A, which also includes the amendment to terms for the loan to Ville 1659. MOTION 1 – NEW VOTE ON THE TERMS OF VILLE 1659, LLC, LOAN I move that the Board adopt the component of the resolution amending the terms for the loan to Ville 1659, with the following conditions: (The Board could discuss whether to include or edit the draft conditions below. Staff has provided them on a preliminary basis based on the previous Board work session). Staff note: The Board could consider deferring action on this aspect of the resolution to a future Board meeting. Maintain conditions that will ensure the property’s existing commercial tenants can operate normally, including (but not limited to): -Owners, employees, customers/clients, and others are able to access these businesses; -Instructions to contractors, subcontractors, and delivery services that clarify their role in preserving access and operability of commercial tenants; -Utility bills are paid promptly and the utilities remain in working order; -48 hours’ notice is provided to commercial tenants in case of any unavoidable interruptions to utilities caused by construction or property maintenance; -Timely payment of all government fees, taxes, and fines. MOTION 2 – NEW VOTE ON THE CLARIFICATION OF THE HOUSING DEVELOPMENT LOAN PROGRAM I move that the Board adopt the component of the resolution which provides clarification on the Housing Development Loan Program. Items C1 & C2 MOTION SHEET Redevelopment Agency Board of SALT LAKE CITY TO:RDA Board Members FROM: Allison Rowland Budget & Policy Analyst DATE:August 15, 2023 RE: RESOLUTION: SEPARATE MOTIONS ON AMENDMENT TO TERMS FOR LOAN TO VILLE 1659, LLC, AND CLARIFICATION OF HOUSING DEVELOPMENT LOAN PROGRAM Staff notes: -These motions are eligible for the Board to consider now that the Board approved the “motion to reconsider” in the previous meeting. Staff has separated out the two components of the resolution that was adopted by the Board in July, so the Board can consider each item separately. -The clarification of the Housing Development Loan Program appears in the attachment to the resolution, Exhibit A, which also includes the amendment to terms for the loan to Ville 1659. MOTION 1 – NEW VOTE ON THE TERMS OF VILLE 1659, LLC, LOAN I move that the Board adopt the component of the resolution amending the terms for the loan to Ville 1659, with the following conditions: (The Board could discuss whether to include or edit the draft conditions below. Staff has provided them on a preliminary basis based on the previous Board work session). Staff note: The Board could consider deferring action on this aspect of the resolution to a future Board meeting. Maintain conditions that will ensure the property’s existing commercial tenants can operate normally, including (but not limited to): -Owners, employees, customers/clients, and others are able to access these businesses; -Instructions to contractors, subcontractors, and delivery services that clarify their role in preserving access and operability of commercial tenants; -Utility bills are paid promptly and the utilities remain in working order; -48 hours’ notice is provided to commercial tenants in case of any unavoidable interruptions to utilities caused by construction or property maintenance; -Timely payment of all government fees, taxes, and fines. MOTION 2 – NEW VOTE ON THE CLARIFICATION OF THE HOUSING DEVELOPMENT LOAN PROGRAM I move that the Board adopt the component of the resolution which provides clarification on the Housing Development Loan Program. SALT LAKE CITY CORPORATION SWORN STATEMENT SUPPORTING CLOSURE OF MEETING I, ____________ , acted as the presiding member of the _______________________________in which met on _________ Appropriate notice was given of the Council's meeting as required by §52-4-202. A quorum of the Council was present at the meeting and voted by at least a two-thirds vote, as detailed in the minutes of the open meeting, to close a portion of the meeting to discuss the following: §52-4-205(l)(a) discussion of the character, professional competence, or physical or mental health of an individual; §52 -4-205(1 )(b) strategy sessions to discuss collective bargaining; §52-4-205(l )(c) strategy sessions to discuss pending or reasonably imminent litigation; §52-4-205( l )(d) strategy sessions to discuss the purchase, exchange, or lease of real property, including any form of a water right or water shares, if public discussion of the transaction would: (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; §52-4-205(l )(e) 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) if 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; §52-4-205(1)(f) discussion regarding deployment of security personnel, devices, or systems; and §52-4-205(1)(g) 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. Other, described as follows: ____________________________________________________________ The content of the closed portion of the Council meeting was restricted to a discussion of the matter(s) for which the meeting was closed. With regard to the closed meeting, the following was publicly announced and recorded, and entered on the minutes of the open meeting at which the closed meeting was approved: (a)the reason or reasons for holding the closed meeting; (b)the location where the closed meeting will be held; and (c)the vote of each member of the public body either for or against the motion to hold the closed meeting. The recording and any minutes of the closed meeting will include: (a)the date, time, and place of the meeting; (b)the names of members Present and Absent; and (c)the names of all others present except where such disclosure would infringe on the confidentiality necessary to fulfill the original purpose of closing the meeting. Pursuant to §52-4-206(6),a sworn statement is required to close a meeting under §52-4-205(1)(a) or (f), but a record by tape recording or detailed minutes is not required; and Pursuant to §52-4-206(1), a record by tape recording and/or detailed written minutes is required for a meeting closed under §52-4-205(1)(b),(c),(d),(e),and (g): A record was not made. A record was made by: : Tape recording Detailed written minutes I hereby swear or affin11 under penalty of perjury that the above information is true and correct to the best of my knowledge. Presiding Member Date of Signature Salt Lake City CouncilVictoria Petro August 8, 2023 4 44 Victoria Petro (Aug 15, 2023 14:41 MDT)08/15/2023 Closed Session - Sworn Statement Final Audit Report 2023-08-15 Created:2023-08-08 By:Michelle Barney (michelle.barney@slcgov.com) Status:Signed Transaction ID:CBJCHBCAABAAdJXG7BNKsk1np_yQ7mJfVgyADpktorBR "Closed Session - Sworn Statement" History Document created by Michelle Barney (michelle.barney@slcgov.com) 2023-08-08 - 10:55:29 PM GMT Document emailed to victoria.petro@slcgov.com for signature 2023-08-08 - 10:59:27 PM GMT Email viewed by victoria.petro@slcgov.com 2023-08-09 - 4:40:40 PM GMT Email viewed by victoria.petro@slcgov.com 2023-08-10 - 5:24:48 AM GMT Email viewed by victoria.petro@slcgov.com 2023-08-11 - 4:13:36 AM GMT Email viewed by victoria.petro@slcgov.com 2023-08-13 - 5:44:59 AM GMT Email viewed by victoria.petro@slcgov.com 2023-08-15 - 3:42:40 AM GMT Signer victoria.petro@slcgov.com entered name at signing as Victoria Petro 2023-08-15 - 8:41:13 PM GMT Document e-signed by Victoria Petro (victoria.petro@slcgov.com) Signature Date: 2023-08-15 - 8:41:15 PM GMT - Time Source: server Agreement completed. 2023-08-15 - 8:41:15 PM GMT