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HomeMy WebLinkAbout09/14/2021 - Work Session - Meeting MaterialsSALT LAKE CITY COUNCIL AGENDA WORK SESSION September 14,2021 Tuesday 1:00 PM Council Work Room 451 South State Street Room 326 Salt Lake City,UT 84111 SLCCouncil.com 1:00 PM Work Session Or immediately following the 2:00 p.m. Redevelopment Agency Meeting 7:00 pm Formal Meeting Room 315 (See separate agenda) No Formal Meeting Please note:A general public comment period will not be held this day.This is the Council's monthly scheduled briefing meeting.Item start times and durations are approximate and are subject to change at the Chair’s discretion. Welcome and public meeting rules In accordance with State Statute,City Ordinance and Salt Lake City Council Policy,one or more Council Members may be connected via speakerphone.After 5:00 p.m.,please enter the City &County Building through the main east entrance. The Work Session is a discussion among Council Members and select presenters.The public is welcome to listen.Items scheduled on the Work Session or Formal Meeting may be moved and /or discussed during a different portion of the Meeting based on circumstance or availability of speakers. Please note:Dates not identified in the FYI -Project Timeline are either not applicable or not yet determined.Item start times and durations are approximate and are subject to change at the Chair’s discretion. Generated:12:44:02 The Council will begin with a closed session then convene as RDA.They will resume the work session items after the RDA meeting. Work Session Items 1.Informational:Updates from the Administration ~5:15 p.m. 30 min. The Council will receive an update from the Administration on major items or projects, including but not limited to: •COVID-19,the March 2020 Earthquake,and the September 2020 Windstorm; •Updates on relieving the condition of people experiencing homelessness; •Police Department work,projects,and staffing,etc.;and •Other projects or updates. FYI –Project Timeline:(subject to change per Chair direction or Council discussion) Briefing -Recurring Briefing Set Public Hearing Date -n/a Hold hearing to accept public comment -n/a TENTATIVE Council Action -n/a 2.Informational:Updates on Racial Equity and Policing ~5:45 p.m. 15 min. The Council will hold a discussion about recent efforts on various projects City staff are working on related to racial equity and policing in the City.The conversation may include issues of community concern about race,equity,and justice in relation to law enforcement policies,procedures,budget,and ordinances.Discussion may include: •An update or report on the Commission on Racial Equity in Policing;and •Other project updates or discussion. FYI –Project Timeline:(subject to change per Chair direction or Council discussion) Briefing -Recurring Briefing Set Public Hearing Date -n/a Hold hearing to accept public comment -n/a TENTATIVE Council Action -n/a 3.Ordinance:Budget Amendment No.2 for Fiscal Year 2021-22 ~6:00 p.m. 20 min. The Council will receive a briefing about an ordinance that would amend the final budget of Salt Lake City,including the employment staffing document,for Fiscal Year 2021-22.Budget amendments happen several times each year to reflect adjustments to the City’s budgets, including proposed project additions and modifications.This amendment includes continued funding for the Downtown Ambassador pilot programs on North Temple and the Rio Grande neighborhood,funding for a new RV/Car camping outreach &mitigation pilot program,and renovation of the City-owned Annex Building leased by Odyssey House among other items. FYI –Project Timeline:(subject to change per Chair direction or Council discussion) Briefing -Tuesday,September 14,2021 Set Public Hearing Date -Tuesday,September 7,2021 Hold hearing to accept public comment -Tuesday,September 21,2021 at 7 p.m. TENTATIVE Council Action -TBD 4.Resolution:Sales and Excise Tax Revenue Bonds,Community Capital Improvement Projects (Series 2021A and 2021B)~6:20 p.m. 45 min. The Council will receive a briefing about a resolution authorizing the issuance and sale of up to $58 million for a tax exempt bond and a taxable bond that would fund several community capital improvement projects;giving authority to certain officers to approve the final terms and provisions of the sale within parameters set forth in the resolution;and providing for related matters. FYI –Project Timeline:(subject to change per Chair direction or Council discussion) Briefing -Tuesday,September 14,2021 Set Public Hearing Date -n/a Hold hearing to accept public comment -n/a TENTATIVE Council Action -TBD 5.Informational:Initial Discussion of Legislative Intents for Fiscal Year 2021-22 ~7:05 p.m. 30 min. The Council will hold the first of three planned briefings on its Legislative Intent statements for Fiscal Year 2021-22.Legislative Intents are formal requests the Council makes of the Administration that are adopted along with the annual budget.This briefing will consist of conversations with the Administration designed to exchange any preliminary information and feedback needed to clarify each Intent.In addition,the Council will review and consider staff recommendations for closing some previous years’intents. FYI –Project Timeline:(subject to change per Chair direction or Council discussion) Briefing -Tuesday,September 14,2021 Set Public Hearing Date -n/a Hold hearing to accept public comment -n/a TENTATIVE Council Action -n/a 6.Resolution:Local Emergency Declaration Extension (COVID)~7:35 p.m. 10 min. The Council will receive a briefing about a resolution that would extend the Mayor’s August 20 proclamation that declared a local emergency related to COVID-19,rising cases,and resurgence of the Delta variant.If extended,the related emergency order for masks in K-12 schools,would also be extended. FYI –Project Timeline:(subject to change per Chair direction or Council discussion) Briefing -Tuesday,September 14,2021 Set Public Hearing Date -n/a Hold hearing to accept public comment -n/a TENTATIVE Council Action -Tuesday,September 14,2021 Standing Items 7.Report of the Chair and Vice Chair Report of Chair and Vice Chair. 8.Report and Announcements from the Executive Director Report of the Executive Director,including a review of Council information items and announcements.The Council may give feedback or staff direction on any item related to City Council business,including but not limited to scheduling items. 9.Closed Session The Council 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: a.discussion of the character,professional competence,or physical or mental health of an individual; b.strategy sessions to discuss collective bargaining; c.strategy sessions to discuss pending or reasonably imminent litigation; 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; 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)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; f.discussion regarding deployment of security personnel,devices,or systems;and 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. 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. 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. Administrative updates September 14, 2021 Current metrics COVID-19 update Salt Lake County remains in the "high transmission" level, along with every other county in the state. Salt Lake City has a crude rate average of 398.89 cases per 100K, up from 317.97 last week. Today statewide: •1,274 cases statewide, up 567 from last week •7-day average: 1,626 cases per day (up from 1,382 last week) •Referral ICUs at 90.9% capacity •Covid ICU Utilization: 44% as of 9/13 •Total ICU Utilization: 90% as of 9/13 Statewide child metrics COVID-19 update •290 school -aged child cases (23% of total state cases) •143 children ages 5 -10 tested positive since Monday •In the past week, 1,462 children ages 5 -11 tested positive, compared to 102 during the same period last year (14.3 x higher) * graph courtesy of Robert Gehrke/SLTribune K-12 mask requirement COVID-19 update •Today you'll consider an extension of the mask requirement. Countywide district cases: West Side vaccination rates COVID-19 update July 20 August 17 August 24 September 7 September 14 84101 69.23% full 11.76% partial 72.08% full 12.18% partial 72.81% full 12.52% partial 74.44% full 12.54% partial 75.05% full 12.58% partial 84104 38.52% full 6.12% partial 40.88% full 7.47% partial 41.81% full 7.65 % partial 43.53% full 7.57% partial 44.27% full 7.35% partial 84116 41.09% full 6.01% partial 44.21% full 7.39% partial 44.99% full 7.53 % partial 46.69% full 7.15% partial 47.36% full 7.03% partial Citywide average = 62.31% fully vaccinated Countywide vaccination demographics COVID-19 update July 20 August 17 August 24 Sept.7 Sept. 14 Asian 54.00%70%70%71%72% White 49.66%64%65%67%68% Black or African American 37.37%51%52%54%55% American Indian or Alaska Native 38.80%52%60%63%64% Native Hawaiian or Pacific Islander 30.84%42%43%47%48% Hispanic ethnicity 35.51%38%39%42%42% Other race 40%41%43%44% Vaccination Events COVID-19 update Request for Council support for 2025 event Homelessness update Previous: August 23, 2021 –August 27, 2021 Current: September 6, 2021 -September 12, 2021 Men’s HRC King HRC Miller HRC Total Shelter capacity 300 200 200 700 Previous Current Previous Current Previous Current Previous Current Avg. number of beds occupied each night 255 261 197 194 185 182 637 637 Avg number of beds unoccupied each night 45 39 3 6 15 18 63 63 Avg % of beds occupied each night 85.0%87.1%98.3%97.2%92.7%90.8%91%91% Avg % of beds unoccupied each night 15.0%12.9%1.7%2.8%7.3%9.2%9%9% Homelessness update Upcoming Resource Fairs •Resource Fair at Madsen Park September 23rd 9:30am-12:30pm •Kayak Court –Location TBD –September 27th 9:30am-12:30pm High Utilizer Court Day -September 24th CITY COUNCIL OF SALT LAKE CITY 451 SOUTH STATE STREET, ROOM 304 P.O. BOX 145476, SALT LAKE CITY, UTAH 84114-5476 COUNCIL.SLCGOV.COM TEL 801-535-7600 FAX 801-535-7651 COUNCIL STAFF REPORT CITY COUNCIL of SALT LAKE CITY TO:City Council Members FROM: Ben Luedtke and Sylvia Richards Budget and Policy Analysts DATE:September 14, 2021 RE: Budget Amendment Number Two FY2022 ________________________________________________________________________________ Budget Amendment Number One includes requested changes to four funds. Total expenditures are $2,358,020 including $695,451 from Fund Balance. If this budget amendment is approved as requested by the Administration, then the amount available in total Fund Balance above the 13% minimum target would be $1,006,840. There are a total of 17 items in this amendment, including four in Section A, one in Section D and six in Section I, and six items on the grant consent section which previously came before the Council. It’s important to note that item I-5 is an urgent request from the Administration to be a Council-added item related to an emergent situation at Fairmont Park. Additional information is expected to be available after the publishing of this budget staff report. The Council may wish to consider a straw poll for support of this item so the Administration can take preliminary steps sooner. Project Timeline: Set Date: Sept. 7, 2021 1st Briefing: Sept. 14, 2021 2nd Briefing: TBD Public Hearing: Sept. 21, 2021 Potential Action: TBD Page | 2 Revenues Update The Administration has provided the following information regarding City revenues: Page | 3 Fund Balance Update The Administration indicates that Fund Balance is 13.3 percent. If Budget Amendment #2 is adopted as proposed by the Administration, then Fund Balance for: -Funding Our Future (FOF) would be $1,771,795 above the 13% minimum target -General Fund (GF) only would be $764,955 below the 13% minimum target -The total combined Fund Balance (FOF + GF) would be $1,006,840 above the 13% minimum target Page | 4 Impact Fees Update The Administration provided a summary of impact fee tracking, details on refunding amounts and dates and lists of unfinished projects with impact fee funding. The information is current as of July 27, 2021. An update since the information was transmitted is that the four police impact fee refunds listed for July through October in FY22 are not needed based on the adopted annual budget. The General Fund fronted investments in capital projects for police. The City’s Impact Fee Plan recognizes this past investment of $1.8 million. The annual budget included a reimbursement to the General Fund for those past investments with existing police impact fees. The approach is contemplated in the City’s Impact Fee Plan and allowed by state law. As a result, the City is on-track with impact fee budgeting to have no refunds during all FY22. The Administration reports work is nearing completion to update the fire and parks sections of the impact fee plan. The transportation section was updated last year. Eligible projects for police impact fees are being identified. Type Unallocated Cash “Available to Spend”Next Refund Trigger Date Amount of Expiring Impact Fees Fire $1,084,253 More than a year away - Parks $9,384,420 More than a year away - Police $525,991 More than a year away - Transportation $5,571,233 More than a year away - Note: Encumbrances are an administrative function when impact fees are held under a contract Section A: New Items (note: to expedite the processing of this staff report, staff has included the Administration’s descriptions from the transmittal for some of these items) A-1: Continued Funding for Downtown Ambassador Pilot Programs: North Temple and Rio Grande ($495,000 from Fund Balance) The Administration is requesting one-time funding to continue through the end of FY22 (June 30, 2022) the two pilot programs operated by the Downtown Alliance on North Temple and Rio Grande. The pilot programs are expansions of the Downtown Ambassador program in the Central Business District. The Administration stated that “the goal of the program is to promote economic growth by increasing local business activity through in-person wayfinding assistance for visitors and connecting the City’s homeless population with available resources.” In Budget Amendment #4 of FY21 (November 2020), the Council approved $606,100 using federal CARES Act funding to start the two pilot programs. The North Temple pilot program will run out of funding on September 30. The Rio Grande pilot program will run out of funding on December 31. An alternative option to fully fund the program through the end of FY23 would cost $792,000. Under either option (funding through the end of FY22 or FY23), the pilot programs would need ongoing funding to be identified for operations to continue afterwards. The current coverage area has six ambassadors working Monday through Saturday. The hours of operation are from 7 am to 11 pm in warmer months and 7 am to 7 pm in colder months. The two pilot programs add 12 ambassadors: six for the Rio Grande area and six for the North Temple pilot. Ambassadors in the North Temple pilot area work shorter hours Monday through Friday from 7 am to 9 pm. The below map displays the three coverage areas. The boundaries are: -Current Coverage Area: The east block face of 300 East to State Street, South Temple to 500 South (10 blocks), and, State Street to 400 West, North Temple to 400 South (25 blocks). Total of 35 block coverage area. -North Temple Expansion: 400 West to 1000 West, north and south frontage areas (12 blocks). -Rio Grande Expansion: 400 West to 700 West, North Temple to 400 South (15 blocks). Page | 5 Note this map does not show a third planned pilot program expansion into the Ballpark Neighborhood which received grant funding from the State Department of Workforce Services Ambassadors work 240 hours/week in the current coverage area. The Rio Grande expansion area provides another 240 hours/week. The Rio Grande expansion is less than half the size of the current coverage area and receives a higher level of service. The North Temple expansion provides another 240 hours/week. The North Temple area is smaller than the Rio Grande expansion and receives the highest level of service. The current coverage area (funded in the Special Assessment Area or SAA contract ending April, 2022) is the annual amount the Alliance Board has allocated out of the special assessment property owners pay within the Alliance’s assessment area. As with other SAA’s, the City is the conduit for the assessment funds, and the Alliance uses the money through a contract with the City. The new three-year SAA planned to run from April 2022 to April 2025 is expected to continue providing funding for the Ambassador program in the current coverage area. Neither funding for the North Temple expansion area nor the Rio Grande expansion area is planned to be included in the next three-year SAA. It’s important to note that the Rio Grande expansion area is entirely within the SAA boundaries but the North Temple expansion area is entirely outside the SAA boundaries. The boundaries as shown in the below map are I-15 as the western limit, North Temple and then South Temple from State Street to 300 East as the north limit, 300 East as the eastern limit and 400 South as the southern limit. Policy Questions: One-time Funding for Ongoing Costs – The Council may wish to ask the Administration how the pilot programs would be funded after FY22. Metrics – The Council may wish to ask the Administration how the expanded services are being evaluated for success and what metrics are available. The Council may also wish to ask how metrics in each of the pilot program areas compares to the current coverage area. ARPA Eligibility – The Council may wish to ask the Attorney’s Office and Finance Department whether the Ambassador program is eligible for American Rescue Plan Act (ARPA) funding. Cost Breakdown – The Council may wish to ask the Administration for a cost breakdown to better understand the program’s funding needs and how taxpayer dollars are used. Coordination with Ballpark Neighborhood Ambassador Pilot Program – The Council may wish to ask the Administration how the three Ambassador programs (current coverage area, Rio Grande and North Temple) will be coordinated with the Ballpark Neighborhood pilot program. Page | 6 A-2: Change of Source for Foothill Trails Plan and Central Plant Boilers – ($379,454 – CIP) To allow for a greater public process for the Foothill Trails Plan, the Administration is requesting to change the funding source of two Capital Improvement Projects (CIP). The projects are the Central Plant Boiler and the Foothill Trails Plan. Changing the funding source will allow for needed delays in the Foothill Trails plan to allow for a greater public process. The amendment proposes to move the Central Plant Boiler funding to bond funding. This project is nearing completion and will be able to meet the time critical portion of the bond funding (note this is an older bond and not the Mayor’s recently proposed $58 million bond which has a separate Council briefing). The project has been determined to be bond eligible. The Foothill Trails Project will then be moved from bond funding to funding from the general fund allowing for the necessary time to complete the project. Staff note: If the Council approves this funding source change, then all the remaining bond funds will be spent. Otherwise, the City would need to repay those bond funds without using them for capital improvements. Policy Questions: Central Plant Boiler Replacement Update – The Council may wish to ask the Administration for an update on the boiler replacement project. The Council approved $2.5 million for the project in Budget Amendment #7 of FY21. The Central Plant provides heat from October to May for the City & County Building, the Main Library, the Public Safety Building and the Leonardo. Foothill Trails Master Plan Update – The Council may wish to ask the Administration for an update on the Foothill Trails Master Plan. The Council adopted a budget contingency as part of the FY22 annual budget putting trails funding on hold pending a broad review and Council authorization. Page | 7 A-3: Car and RV Camping Pilot Program – ($100,000 – General Fund) People living in private vehicles on public streets appears to be increasing across the country and within Salt Lake City. Such temporary housing situations create difficulties in enforcing the city parking ordinance and in offering services for those in such living situations. The RV/Car Camping Program Policy (RV/Car) is Salt Lake City’s response to resolving issues related to such living situations. The policy has three primary goals: Goal 1: Connect individuals living in these situations with housing, or emergency shelter. Outreach services that assist in reducing barriers to securing housing and addressing mental and physical health needs are the primary methods of city support for this effort. Goal 2: Assist car campers to adhere to city parking code restrictions and mitigate the negative externalities that exist around parked RVs and other vehicles including criminal activity, trash and bio waste, and public health and environmental concerns. Goal 3: Prioritize the finite City resources to fill gaps in private, County, and State programs and ensure coordination of efforts to obtain better outcomes. Policy Questions: Where are RVs Allowed in the City – The Council may wish to ask the Administration where RVs are allowed in the City, and is there a plan for them to safely and legally exist somewhere other than 48 hour limited parking on City streets? A-4: Return of Operation Diversion Funds – ($490,847 – General Fund) The City provided funding to Salt Lake County for Operation Diversion. The funding was not all spent, and the County will be returning the unspent funds to the City. The County has requested that the returned funding be dedicated to provide housing for individuals within the City's boundaries at risk of homelessness who desire mental health and/or substance abuse treatment. The remaining unspent funds total $490,847. The Administration is requesting to receive the funding as revenue and establish a budget to spend the funding as requested by the County. Staff note: additional details on the proposed use of these funds was pending at the time of publishing this staff report. Section B: Grants for Existing Staff Resources Section (None) Section C: Grants for New Staff Resources Section (None) Section D: Housekeeping D-1: Allocate Salary Funding to Departments The allocation is as follows: Department 911 Dispatch Bureau MRB $ 8,015,778 New $ 8,237,272 Difference $ 221,494 City Council Office $ 3,927,177 $ 4,041,096 $ 113,919 Community & Neighborhoods $ 17,910,935 $ 18,438,159 $ 527,224 Department of Finance $ 7,471,039 $ 7,691,926 $ 220,887 Economic Development $ 2,026,349 $ 2,089,813 $ 63,464 Fire Department $ 40,845,782 $ 42,471,398 $ 1,625,616 Human Resources Department $ 3,037,754 $ 3,128,684 $ 90,930 Page | 8 Justice Court $ 4,229,095 $ 4,352,935 $ 123,840 Office of the City Attorney $ 6,648,596 $ 6,863,953 $ 215,357 Office of the Mayor $ 4,101,027 $ 4,223,690 $ 122,663 Police Department $ 77,564,483 $ 85,819,498 $ 8,255,015 Public Lands $ 11,489,755 $ 11,878,934 $ 389,179 Public Services $ 23,710,491 $ 24,250,429 $ 539,938 Non Departmental $ 14,646,287 $ 1,935,366 (12,710,921) Fleet $ 4,086,589 $ 4,199,235 $ 112,646 Golf $ 4,018,037 $ 4,106,786 $ 88,749 Grand Total $ 233,729,174 $ 233,729,174 $ - Section E: Grants Requiring No New Staff Resources (None) Section F: Donations (None) Section G: Council Consent Agenda No. 3 – Grant Awards G-1: US Department of Justice, 2018 Bureau of Justice Assistance Grant (JAG) – $9,750 ****This item is to budget for the interest that has accumulated in this grant cost center since the original grant award. This grant ends 9/30/21 and the interest needs to be budgeted for so that it can be included in the closeout of this award. The police department received a grant award from the U.S. Department of Justice under the 2018 Edward Byrne Memorial Justice Assistance Grant program. The total grant award is $334,302. Of that total the City will sub award $110,717 to Salt Lake County/Unified Police Department. The police department will use its portion of the award to conduct community policing and fund training for sworn and civilian personnel. The department will also purchase a weapons shelving system and laser scanner for its Crime Lab Unit, supplies or veterinary needs for its K9 program, fitness equipment, a software license for its accident investigators. A public hearing was previously held for this grant. G-2: Utah State Department of Public Safety – 2020 Emergency Management Performance Grant (EMPG) – $30,000 The Emergency Management Services Division received a $30,000 FY2020 EMPG grant from the State of Utah, Department of Public Safety. This grant is awarded on an annual basis to jurisdictions to help offset costs of planning and updating emergency prepared ness plans, conduct emergency preparedness exercises and produce materials and other media for public educational outreach and training pertaining to emergency preparedness. SLC's population increases from 180,000 to an estimated 310,000 each workday. Should a disaster occur during the workday, employees become a part of the SLC emergency response, but are not trained to assist themselves or others. These funds will offset costs in providing National Incident Management System (NIMS) training to Salt Lake City staff with emergency response responsibilities during a disaster or other significant event. The funds will be used to fund community preparedness activities, purchase training materials, supplies and equipment including books, brochures, handouts, etc. The grant requires a 50% match which will be satisfied with the Community Preparedness Coordinator's time and budgeted for within Emergency Management’s general fund. A public hearing for this grant was held on July 20, 2021. G-3: Utah Department of Public Safety, Division of Emergency Management, 2019 State Homeland Security Program (SHSP) Grant – $64,256 The Emergency Management Services Division/Police Department received $64,256 for the 2019 Homeland Security grant from the State of Utah, Department of Emergency Management. This grant is awarded to local jurisdictions to increase capabilities by funding projects in the following areas: Law Enforcement Terrorism Prevention, Planning Training and Exercise, Interoperable Communications, Special Operations Equipment and Sustainment, Information Sharing and Management, Emergency Response Equipment and Sustainment. Page | 9 The grant funds for SLC will be $15,711 used for Law Enforcement Terrorism Prevention (LETP) for Palantir costs, and $48,545 used for State Homeland Security Program (SHSP) for developing an emergency recovery plan for the City. A public hearing for this grant was held on August 24, 2021. G-4: School-Age Program Summer Expansion Grant 2021, State of Utah, Department of Workforce Services – $199,980 The Public Services Division of Youth and Family Services applied for and received a grant award of $199,980 for the 2021 summer expansion program, from Utah State Department of Work Force Services through the Utah Office of Child Care for the School Age Program Summer Expansion Grant. The Division of Youth and Family Services received $199,980 to provide YouthCity 2021 summer programming for youth five to twelve years old at Fairmont Park, Liberty Park, Central City, Ottinger Hall, Sorenson Unity Center, and Sorenson Multi-Cultural Center. $138,545 for Salaries and Fringe for existing staff, $1,800 for Communications, $54,635 for Materials and Supplies, and $5,000 for Professional Fee s and Contract Services. A public hearing for this grant was held on August 24, 2021. G-5: Utah State Office of Education, Summer Food Service Program - Youth Summer Snack Programs – $15,000 The Public Services Division of Youth & Family (YouthCity) applied for and received a new continuation grant for Summer Snacks offered by the Utah State Office of Education, under the Summer Food Service Program. These funds are available to youth service providers to help offset the costs of food and snacks purchased for children participating in the summer programs. Liberty Park, Ottinger Hall, Fairmont Park, Sorenson Unity Center, and the Northwest Teen Programs will receive reimbursement directly through the State Office of Education and will receive up to $15,000, based on qualified snack expenses. Salt Lake City is reimbursed on a monthly basis and only qualified nutritious snacks and meals served to children participating in the summer enrichment/education activities during the summer program hours are eligible for reimbursement. A public hearing for this grant was held on August 24, 2021. G-6: Executive Office of the President, Office of National Drug Control - 2022 Rocky Mountain High Intensity Drug Trafficking Area (HIDTA) Grant – $703,757 The Salt Lake City Police Department received a grant of $703,757 from the High Intensity Drug Trafficking Areas (HIDTA) program. Of this award $210,030 is approved for salaries and $84,827 is approved for fringe benefits for an administrative employee, K-9 officer, and a contracted finance manager. $140,000 for investigative and support overtime, $44,000 for investigative/operational and administrative travel, $68,800 for communications, investigative services, service contracts and vehicle leases,$11,700 for supplies, and $144,400 for other administrative costs and confidential informant funds. A public hearing for this grant was held on August 24, 2021. Section I: Council Added Items I-1: Rescope CIP Project: Yalecrest historic signs to allow additional missed sign (Budget Neutral) This rescope request is from the constituents who submitted the Yalecrest Historic Signs CIP application which the Council fully funded in FY20 in the amount of $52,000. The rescope would allow an additional sign to be fabricated and installed. The additional sign was inadvertently missed in the original CIP application. No additional funding is needed for the additional sign so the rescope is budget neutral. The project scope currently includes eight bronze signs posted around the perimeter of the historic district and 12 interior aluminum signs at entrances to historic buildings. All signs are designed and placed to comply with City standards. I-2: Reverse Recapture for Final Invoice Payments ($150,753 of Class C Funds from FY22 CIP back to Project Budgets) The Council recaptured these funds as part of the FY22 CIP budget after the Administration reported the projects had been completed under budget. During the summer the Department notified the Council that while construction of the project was complete some lagging invoices had not been processed for payment. Therefore, some of this funding is still needed but an exact amount is not unknown until the final invoice has been received and paid. If any funding remains after that it will be available for recapture in FY23 to fund new CIP projects then. Page | 10 I-3: Recapture Completed CIP Projects Funding for FY22 CIP ($38,334 from of General Fund to CIP) As part of the FY22 project specific CIP budget adoption, the Council recaptured this funding from older CIP projects which were completed under budget. The funding was recaptured for use in new CIP projects. This is the budgeting step to formalize the Council’s CIP adoption vote. I-4: Annex Building Renovation CIP Application from Odyssey House ($500,000 from ARPA) During the FY22 CIP deliberations last month, the Council straw polled fully funding this application using ARPA dollars. This is the budgeting step to formalize that direction. The project would significantly renovate the City- owned building at 623 South 200 East. Renovations include fully replacing the roof and gutters, repairing and bracing part of the foundation, repainting exterior walls, replacing windows and doors and associated frames, repairs and potential replacement of electrical and mechanical systems and several miscellaneous outdoor improvements such as ADA and sidewalk upgrades. I-5: Securing Potential Contamination Site at Fairmont Park ($250,000 from Fund Balance) The Administration is requesting, out of an abundance of caution, that the Council add this item to Budget Amendment #2 in response to an emergent situation at Fairmont Park. At the time of publishing this staff report the potential contamination is being investigated and adjacent properties have been notified. The funding would provide fencing, public notice signs, employee overtime and patrols (City employees and/or contracted private company) to secure the pond and open canal at Fairmont Park. The City is coordinating with the Environmental Protection Agency (EPA), Utah Department of Health and Utah Department of Environmental Quality (DEQ). Initial testing results identified water quality mercury levels above acceptable levels and air quality within acceptable levels for public health. Additional testing is necessary to confirm contamination levels, impacted areas and potential sources for further investigation. These results will inform remediation options and costs. Another funding request may come to the Council for those remediation efforts if needed. It’s unknown whether Federal or State funding will be available including future reimbursements to the City. Policy Questions: Update on Testing – The Council may wish to ask the Administration for an update on testing at the park, down and upstream, and potential sources. Unsheltered Individuals Living in the Park – The Council may wish to ask the Administration what outreach has been done to the unsheltered population living in the park. Remediation Scenarios and Costs – The Council may wish to ask the Administration what remediation scenarios and costs could be facing the City. Straw Poll – The Council may wish to consider a straw poll to indicate whether this item is supported and so the Administration may take preliminary steps sooner. I-6: Full-Time Minutes & Records Clerk Position in the Recorder’s Office ($52,416 from Fund Balance) The Administration is requesting Council approval for a full-time Minutes and Records Clerk position in the Recorder’s Office. The employee would be a resource to both branches of the City, and would be tasked with the following: -Transition of Elected Officials (including assistance with Oath of Ceremony planning, transition officer tasks, etc.) -Records Management for the Mayor and City Council Office focusing on text messages and social media policy development. -GRAMA response development for Mayor and City Council Office The total annual cost for the position is $78,624. This request is only for eight months of funding (through the end of the current fiscal year) which is $52,416. Page | 11 ATTACHMENTS 1. None ACRONYMS ARPA – American Rescue Plan Act CARES – Coronavirus Aid, Relief and Economic Security Act CIP – Capital Improvement Program DEQ – Utah Department of Environment Quality EMPG – Emergency Management Performance Grant EPA – U.S. Environmental Protection Agency FOF – Funding Our Future FY – Fiscal Year GRAMA – Government Records Access Management Act HIDTA – High Intensity Drug Trafficking Area PILOT – Payment in Lieu of Taxes SAA – Special Assessment Area TBD – To Be Determined DEPARTMENT OF FINANCE POLICY AND BUDGET DIVISION 451 SOUTH STATE STREET, ROOM 238 PO BOX 145467, SALT LAKE CITY, UTAH 84114-5455 TEL 801-535-6394 ERIN MENDENHALL Mayor MARY BETH THOMPSON Chief Financial Officer CITY COUNCIL TRANSMITTAL ___________________________________ Date Received: ________________ Rachel Otto, Chief of Staff Date sent to Council: ___________ ______________________________________________________________________________ TO: Salt Lake City Council DATE: September 1, 2021 Amy Fowler, Chair FROM: Mary Beth Thompson, Chief Financial Officer SUBJECT: Budget Amendment #2 SPONSOR: NA STAFF CONTACT: John Vuyk, Budget Director (801) 535-6394 or Mary Beth Thompson (801) 535-6403 DOCUMENT TYPE: Budget Amendment Ordinance RECOMMENDATION: The Administration recommends that, subsequent to a public hearing, the City Council adopt the following amendments to the FY 2021-22 adopted budget. BUDGET IMPACT: REVENUE EXPENSE GENERAL FUND $ 490,847.00 $ 883,882.00 MISCELLANEOUS GRANT FUND 1,022,743.00 1,022,743.00 FLEET FUND 0.00 112,646.00 GOLF FUND 0.00 88,749.00 TOTAL $ 1,513,590.00 $ 2,108,020.00 rachel otto (Sep 1, 2021 21:11 MDT) BACKGROUND/DISCUSSION: Revenue for FY 2021-22 Budget Adjustments Because the fiscal year just started the Fiscal Year 2022 projections are at budget. The following chart shows a current projection of General Fund Revenue for fiscal year 2022. Projections for fiscal year 2021 are coming in better than expected, more detail will be shared as the audit progresses. FY21-22 Variance Annual Revised Favorable Revenue Budget Forecast (Unfavorable) Property Taxes 112,726,044 112,726,044 - Sales and Use Tax 73,956,475 73,956,475 - Franchise Tax 27,702,126 27,702,126 - PILOT Taxes 1,562,041 1,562,041 - TOTAL TAXES 215,946,686 215,946,686 - License and Permits 29,904,360 29,904,360 - Intergovernmental 4,644,018 4,644,018 - Interest Income 1,271,153 1,271,153 - Fines & Forfeiture 3,474,455 3,474,455 - Parking Meter Collection 2,693,555 2,693,555 - Charges and Services 3,934,570 3,934,570 - Miscellaneous Revenue 3,372,272 3,372,272 - Interfund Reimbursement 22,032,892 22,032,892 - Transfers 19,181,103 19,181,103 - TOTAL W/OUT SPECIAL TAX 306,455,064 306,455,064 - Sales and Use Tax - 1/2 cent 35,600,001 35,600,001 - Sales and Use Tax - County Option - - - TOTAL GENERAL FUND 342,055,065 342,055,065 - Given the available information fund balance would be projected as follows: With the current use of fund balance from this budget amendment fund balance drops to 13.37%. FOF GF Only TOTAL FOF GF Only TOTAL Beginning Fund Balance 6,625,050 82,617,126 89,242,176 7,018,483 50,124,619 57,143,102 Budgeted Change in Fund Balance 2,924,682 (7,810,302) (4,885,620) (4,759,137) (19,471,917) (24,231,054) Prior Year Encumbrances (3,733,743) (6,165,453) (9,899,196) - - - Estimated Beginning Fund Balance 5,815,989 68,641,371 74,457,360 2,259,346 30,652,702 32,912,048 Beginning Fund Balance Percent 16.62%23.32%22.61%5.60%9.64%9.18% Year End CAFR Adjustments Revenue Changes - - - - - - Expense Changes (Prepaids, Receivable, Etc.) - (5,676,583) (5,676,583) 4,759,137 5,477,037 10,236,174 Fund Balance w/ CAFR Changes 5,815,989 62,964,788 68,780,777 7,018,483 36,129,739 43,148,222 Final Fund Balance Percent 16.62%21.39%20.88%17.39%11.36%12.04% Budget Amendment Use of Fund Balance BA#1 Revenue Adjustment - - - - - - BA#1 Expense Adjustment - - - - 5,138,235 5,138,235 BA#2 Revenue Adjustment - - - - 490,847 490,847 BA#2 Expense Adjustment - (288,488) (288,488) - (883,882) (883,882) BA#3 Revenue Adjustment - - - - - - BA#3 Expense Adjustment - (6,239,940) (6,239,940) - - - BA#4 Revenue Adjustment - - - - - - BA#4 Expense Adjustment - - - - - - BA#5 Revenue Adjustment - (242,788) (242,788) - - - BA#5 Expense Adjustment - (2,783,685) (2,783,685) - - - BA#6 Revenue Adjustment - - - - - - BA#6 Expense Adjustment - (63,673) (63,673) - - - BA#7 Revenue Adjustment - 540,744 540,744 - - - BA#7 Expense Adjustment - (6,582,824) (6,582,824) - - - BA#8 Revenue Adjustment - - - - - - BA#8 Expense Adjustment (1,000,000) (1,000,000) (2,000,000) - - - BA#9 Revenue Adjustment - 439,809 439,809 - - - BA#9 Expense Adjustment - 362,532 1,555,532 - - - Change in Revenue 2,202,494 3,018,144 5,220,638 - - - Fund Balance Budgeted Increase - - - - - - - - Adjusted Fund Balance 7,018,483 50,124,619 58,336,102 7,018,483 40,874,939 47,893,422 Adjusted Fund Balance Percent 20.05%17.03%17.71%17.39%12.85%13.37% Projected Revenue 35,000,000 294,345,168 329,345,168 40,359,137 317,980,599 358,339,736 2021 Projection 2022 Projection Fund Balance Projections The Administration is requesting a budget amendment totaling $1,513,590.00 of revenue and expense of $2,108,020.00. The amendment proposes changes in the four funds, with $393,035.00 from the General Fund fund balance. The proposal includes eleven initiatives for Council review. A summary spreadsheet document, outlining proposed budget changes is attached. The Administration requests this document be modified based on the decisions of the Council. The budget opening is separated in eight different categories: A. New Budget Items B. Grants for Existing Staff Resources C. Grants for New Staff Resources D. Housekeeping Items E. Grants Requiring No New Staff Resources F. Donations G. Council Consent Agenda Grant Awards I. Council Added Items PUBLIC PROCESS: Public Hearing SALT LAKE CITY ORDINANCE No. ______ of 2021 Second amendment to the Final Budget of Salt Lake City, including the employment staffing document, for Fiscal Year 2021-2022 In June of 2021, the Salt Lake City Council adopted the final budget of Salt Lake City, Utah, including the employment staffing document, effective for the fiscal year beginning July 1, 2021 and ending June 30, 2022, in accordance with the requirements of Section 10-6-118 of the Utah Code. The City’s Budget Director, acting as the City’s Budget Officer, prepared and filed with the City Recorder proposed amendments to said duly adopted budget, including the amendments to the employment staffing document necessary to effectuate the staffing changes specifically stated herein, copies of which are attached hereto, for consideration by the City Council and inspection by the public. All conditions precedent to amend said budget, including the employment staffing document as provided above, have been accomplished. Be it ordained by the City Council of Salt Lake City, Utah: SECTION 1. Purpose. The purpose of this Ordinance is to amend the final budget of Salt Lake City, including the employment staffing document, as approved, ratified and finalized by Salt Lake City Ordinance No. 32 of 2021. SECTION 2. Adoption of Amendments. The budget amendments, including amendments to the employment staffing document necessary to effectuate the staffing changes specifically stated herein, attached hereto and made a part of this Ordinance shall be, and the same hereby are adopted and incorporated into the budget of Salt Lake City, Utah, including the amendments to the employment staffing document described above, for the fiscal year beginning 2 July 1, 2021 and ending June 30, 2022, in accordance with the requirements of Section 10-6-128 of the Utah Code. SECTION 3. Filing of copies of the Budget Amendments. The said Budget Officer is authorized and directed to certify and file a copy of said budget amendments, including amendments to the employment staffing document, in the office of said Budget Officer and in the office of the City Recorder which amendments shall be available for public inspection. SECTION 4. Effective Date. This Ordinance shall take effect upon adoption. Passed by the City Council of Salt Lake City, Utah, this _____ day of __________, 2021. ________________________ CHAIRPERSON ATTEST: ______________________________ CITY RECORDER Transmitted to the Mayor on __________________ Mayor’s Action: ____ Approved ____ Vetoed _________________________ MAYOR ATTEST: _______________________________ CITY RECORDER (SEAL) Bill No. _________ of 2021. Published: ___________________. Salt Lake City Attorney’s Office Approved As To Form Senior City Attorney Initiative Number/Name Fund Revenue Amount Expenditure Amount Revenue Amount Expenditure Amount Ongoing or One-time FTEs 1 Downtown Ambassador Program Expansion GF - 495,000.00 One-time - 2 Change of Source for Foothill Trails Plan and Central Plant Boilers CIP - (379,454.12)One-time - 2 Change of Source for Foothill Trails Plan and Central Plant Boilers CIP - (379,454.12)One-time - 2 Change of Source for Foothill Trails Plan and Central Plant Boilers CIP - 379,454.12 One-time - 2 Change of Source for Foothill Trails Plan and Central Plant Boilers CIP - 379,454.12 One-time - 3 Car and RV Camping Pilot Prgram GF - 100,000.00 One-time - 4 Return of Operation Diversion Funding GF 490,847.00 490,847.00 One-time - Initiative Number/Name Fund Revenue Amount Expenditure Amount Revenue Amount Expenditure Amount Ongoing or One-time FTEs 1 Allocate Salary Funding to Departments GF - 221,494.00 One-time - 1 Allocate Salary Funding to Departments GF - 113,919.00 One-time - 1 Allocate Salary Funding to Departments GF - 527,224.00 One-time - 1 Allocate Salary Funding to Departments GF - 220,887.00 One-time - 1 Allocate Salary Funding to Departments GF - 63,434.00 One-time - 1 Allocate Salary Funding to Departments GF - 1,625,616.00 One-time - 1 Allocate Salary Funding to Departments GF - 90,390.00 One-time - 1 Allocate Salary Funding to Departments GF - 123,840.00 One-time - 1 Allocate Salary Funding to Departments GF - 215,357.00 One-time - 1 Allocate Salary Funding to Departments GF - 122,663.00 One-time - 1 Allocate Salary Funding to Departments GF - 8,255,015.00 One-time - 1 Allocate Salary Funding to Departments GF - 389,179.00 One-time - Council Approved Fiscal Year 2021-22 Budget Amendment #2 Council ApprovedAdministration Proposed Section A: New Items Section D: Housekeeping Section C: Grants for New Staff Resources Section B: Grants for Existing Staff Resources Administration Proposed 1 Fiscal Year 2021-22 Budget Amendment #2 1 Allocate Salary Funding to Departments GF - 539,938.00 One-time - 1 Allocate Salary Funding to Departments GF - (12,710,921.00)One-time - 1 Allocate Salary Funding to Departments Fleet - 112,646.00 One-time - 1 Allocate Salary Funding to Departments Golf - 88,749.00 One-time - Section E: Grants Requiring No New Staff Resources 2 Fiscal Year 2021-22 Budget Amendment #2 Initiative Number/Name Fund Revenue Amount Expenditure Amount Revenue Amount Expenditure Amount Ongoing or One-time FTEs - Consent Agenda #1 1 US Department of Justice, 2018 Bureau of Justice Assistance Grant (JAG) Misc Grants 9,750.00 9,750.00 One-time - 2 Utah State Department of Public Safety - 2020 Emergency Management Performance Grant (EMPG) Misc Grants 30,000.00 30,000.00 One-time - 3 Utah Department of Public Safety, Division of Emergency Management, 2019 State Homeland Security Program (SHSP) Grant Misc Grants 64,256.00 64,256.00 One-time - 4 School-Age Program Summer Expansion Grant 2021, State of Utah, Department of Workforce Services Misc Grants 199,980.00 199,980.00 One-time - 5 Utah State Office of Education, Summer Food Service Program, Youth Summer Snack Programs Misc Grants 15,000.00 15,000.00 One-time - 6 Executive Office of the President, Office of National Drug Control - 2022 Rocky Mountain High Intensity Drug Trafficing Area (HIDTA) Grant Misc Grants 703,757.00 703,757.00 One-time - Total of Budget Amendment Items 1,513,590.00 2,108,020.00 - - - Total by Fund Class, Budget Amendment #2: General Fund GF 490,847.00 883,882.00 - - - Housing Fund Housing - - - - - Miscellaneous Grants Fund Misc Grants 1,022,743.00 1,022,743.00 - - - Fleet Fund Fleet - 112,646.00 - - - Governmental Immunity Fund Govt Immunity - - - - - IMS Fund IMS - - - - - Risk Fund Risk - - - - - Airport Airport - - - - - Street Lighting Fund Street Lighting - - - - - Water Fund Water - - - - - Sewer Fund Sewer - - - - - Storm Water Fund Storm Water - - - - - Refuse Fund Refuse - - - - - Golf Fund Golf - 88,749.00 - - - - - - Administration Proposed Council Approved Section I: Council Added Items Section F: Donations Section G: Council Consent Agenda -- Grant Awards 3 Fiscal Year 2021-22 Budget Amendment #2 Total of Budget Amendment Items 1,513,590.00 2,108,020.00 - - - 4 Fiscal Year 2021-22 Budget Amendment #2 Current Year Budget Summary, provided for information only FY 2021-22 Budget, Including Budget Amendments FY 2021-22 Adopted Budget BA #1 Total BA #2 Total BA #3 Total BA #4 Total BA #5 Total ^^ Total Through BA#5 ^^ General Fund (FC 10)367,582,070 (5,138,235.00) 883,882.00 363,327,717.00 Curb and Gutter (FC 20)3,000 3,000.00 DEA Task Force Fund (FC 41)2,033,573 2,033,573.00 Misc Special Service Districts (FC 46)1,550,000 1,550,000.00 Street Lighting Enterprise (FC 48)5,699,663 7,098.00 5,706,761.00 Water Fund (FC 51)127,365,555 460,716.00 127,826,271.00 Sewer Fund (FC 52)268,213,796 221,826.00 268,435,622.00 Storm Water Fund (FC 53)19,201,013 19,705.00 19,220,718.00 Airport Fund (FC 54,55,56)706,792,500 1,350,949.00 708,143,449.00 Refuse Fund (FC 57)24,713,505 36,538.00 24,750,043.00 Golf Fund (FC 59)9,697,417 19,649.00 88,749.00 9,805,815.00 E-911 Fund (FC 60)4,056,856 4,056,856.00 Fleet Fund (FC 61)28,090,576 18,999.00 112,646.00 28,222,221.00 IMS Fund (FC 65)24,302,487 219,193.00 24,521,680.00 County Quarter Cent Sales Tax for Transportation (FC 69) 5,307,142 5,307,142.00 CDBG Operating Fund (FC 71)5,341,332 5,341,332.00 Miscellaneous Grants (FC 72)18,684,617 10,427,551.76 1,022,743.00 30,134,911.76 Other Special Revenue (FC 73)273,797 273,797.00 Donation Fund (FC 77)2,752,565 2,752,565.00 Housing Loans & Trust (FC 78)16,121,000 16,121,000.00 Debt Service Fund (FC 81)31,850,423 31,850,423.00 CIP Fund (FC 83, 84 & 86)29,503,216 29,503,216.00 Governmental Immunity (FC 85)2,933,913 24,843.00 2,958,756.00 Risk Fund (FC 87)52,939,489 19,705.00 52,959,194.00 Total of Budget Amendment Items 1,755,009,505 7,688,537.76 2,108,020.00 - - - 1,764,806,062.76 Budget Manager Analyst, City Council 5 Fiscal Year 2021-22 Budget Amendment #2 Contingent Appropriation 6 Salt Lake City FY 2021-22 Budget Amendment #2 Initiative Number/Name Fund Amount 1 Section A: New Items A-1: Downtown Ambassador Program Expansion GF $495,000.00 Department: Mayor’s Office / Non-Departmental Prepared By: John Vuyk Funding through CARES ACT dollars allocated during the City’s FY21 budget cycle (BAM #4 -FY2020/2021) for street ambassadors will be exhausted as follows: ● Rio Grande Neighborhood Expansion Area-December 31st, 2021 (or until funds utilized) ● North Temple Pilot Project Area-September 30th, 2021 (or until funds utilized) The Downtown Alliance Safety and Hospitality Program currently manages resources for 6 full time ambassadors that respond to a variety of issues within the CBID assessment area funded by th e SAA through April 20th, 2022. The continuation of this program in the CBID is contemplated in the upcoming contract process to renew the SAA contract and funding. Separately, the City established additional coverage with one -time CARES ACT funds: ● 6 additional full-time ambassadors for the Rio Grande neighborhood through December 31st, 2021 ● 6 full time ambassadors for the North Temple Pilot project area funded through September 30th, 2021. To maintain current service levels through FY2022 or FY2023, we’ve put together two funding options (see tables in EXHIBIT A below): ● OPTION 1 outlines costs for coverage in both the North Temple and Rio Grande expansion areas through FY22 (June 30th, 2022). It aligns the funding cycles with the fiscal calendar to simplify the funding and management process. This option requires an additional funding request of $495,000 during the FY22 budget cycle. We will leave it to the City to determine if there are additional federal resources available to help fund the program. ● OPTION 2 outlines costs for coverage in both North Temple and Rio Grande expansion areas through FY23 (June 30th, 2023). This longer view allows the relatively newer expansion programs to mature and gives the City Council time to evaluate the data in the expansion areas and make decisions based on the success of the program. This option requires the FY22 funding request in Option 1 and additional funding of $792,000 for FY23. Although Downtown Alliance programming prioritizes downtown, we believe that using our team to expand ambassador service outside our SAA boundary is an appropriate approach that optimizes resources, intel, and community partnerships. This holistic view benefits both downtown stakeholders and the larger Salt Lake community. Note; Additional resources for ambassador coverage within the Central City and Ballpark neighborhoods were funded for FY23 by the DWS Housing and Community Development-Homelessness Programs Office (HPO) grant. The Ballpark neighborhoods program is not addressed here. Coverage begins July 1st, 2022 and is funded through June 30th, 2022. A-2: Change of Source for Foothill Trails Plan and Central Plant Boilers CIP ($379,454.12) CIP ($379,454.12) CIP $379,454.12 CIP $379,454.12 Department: Public Lands Prepared By: John Vuyk To allow for a greater public process for the Foothill Trails Plan, the Administration is requesting to change the funding source of two Capital Improvement Projects (CIP). The projects are the Central Plant Boiler and the Foothill Trails Plan. Changing the funding source will allow for needed delays in the Foothill Trails plan to allow for a greater public process. The amendment proposes to move the Central Plant Boiler funding to bond funding. This project is nearing completion and will be able to meet the time critical portion of the bond funding. The project has been determined to be bond eligible. The Foothill Trails Project will then be moved from bond funding to funding from the ge neral fund allowing for the necessary time to complete the project. Salt Lake City FY 2021-22 Budget Amendment #2 Initiative Number/Name Fund Amount 2 A-3: Car and RV Camping Pilot Program GF $100,000.00 Department: Mayor’s Office / Non-Departmental Prepared By: John Vuyk Introduction People living in private vehicles on public streets appears to be increasing across the country and within Salt Lake City. Such temporary housing situations create difficulties in enforcing the city parking ordinance and in offering services for those in such living situations. The RV/Car Camping Program Policy (RV/Car) is Salt Lake City’s response to resolving issues related to such living situations. The policy has three primary goals: Goal 1: Connect individuals living in these situations with housing, or emergency shelter. Outreach services tha t assist in reducing barriers to securing housing and addressing mental and physical health needs are the primary methods of city support for this effort. Goal 2: Assist car campers to adhere to city parking code restrictions and mitigate the negative ex ternalities that exist around parked RVs and other vehicles including criminal activity, trash and bio waste, and public health and environmental concerns. Goal 3: Prioritize the finite City resources to fill gaps in private, County, and State programs a nd ensure coordination of efforts to obtain better outcomes. 22. A-4: Return of Operation Diversion Funds GF $490,847.00 Department: Mayor’s Office / Non-Departmental Prepared By: John Vuyk The City provided funding to Salt Lake County for Operation Diversion. The funding was not all spent, and the County will be returning the unspent funds to the City. The County has requested that the returned funding be dedicated to provide housing for individuals within the City's boundaries at risk of homelessness who desire mental health and/or substan ce abuse treatment. The remaining uspent funds total $490,847.00. The administration is requesting to receive the funding as revenue and establish a budget to spend the funding as requested by the County. Section B: Grants for Existing Staff Resources Section C: Grants for New Staff Resources Salt Lake City FY 2021-22 Budget Amendment #2 Initiative Number/Name Fund Amount 3 Section D: Housekeeping D-1: Allocate Salary Funding to Departments GF $221,494.00 GF $113,919.00 GF $527,224.00 GF $220,887.00 GF $63,434.00 GF $1,625,616.00 GF $90,390.00 GF $123,840.00 GF $215,357.00 GF $122,663.00 GF $8,255,015.00 GF $389,179.00 GF $539,938.00 GF ($12,710,921.00) Fleet $112,646 Golf $88,749.00 Department: Economic Development Prepared By: John Vuyk During the budget process and in BA#1 funding was allocated for salary expenses in City Departments. Due to timing, the budget was placed in Non Departmental to be allocated to other Departments. This amendment allocates that funding based on the agreed upon compensation package established in the budget. The allocation is as follows: Department MRB New Difference 911 Dispatch Bureau $ 8,015,778 $ 8,237,272 $ 221,494 City Council Office $ 3,927,177 $ 4,041,096 $ 113,919 Community & Neighborhoods $ 17,910,935 $ 18,438,159 $ 527,224 Department of Finance $ 7,471,039 $ 7,691,926 $ 220,887 Economic Development $ 2,026,349 $ 2,089,813 $ 63,464 Fire Department $ 40,845,782 $ 42,471,398 $ 1,625,616 Human Resources Department $ 3,037,754 $ 3,128,684 $ 90,930 Justice Court $ 4,229,095 $ 4,352,935 $ 123,840 Office of the City Attorney $ 6,648,596 $ 6,863,953 $ 215,357 Office of the Mayor $ 4,101,027 $ 4,223,690 $ 122,663 Police Department $ 77,564,483 $ 85,819,498 $ 8,255,015 Public Lands $ 11,489,755 $ 11,878,934 $ 389,179 Public Services $ 23,710,491 $ 24,250,429 $ 539,938 Non Departmental $ 14,646,287 $ 1,935,366 (12,710,921) Fleet $ 4,086,589 $ 4,199,235 $ 112,646 Golf $ 4,018,037 $ 4,106,786 $ 88,749 Grand Total $ 233,729,174 $ 233,729,174 $ - Salt Lake City FY 2021-22 Budget Amendment #2 Initiative Number/Name Fund Amount 4 Section E: Grants Requiring No New Staff Resources Section F: Donations Section G: Consent Agenda Consent Agenda G-1: US Department of Justice, 2018 Bureau of Justice Assistance Grant (JAG) Misc Grants $9,750,00 Department: Police Prepared By: Jordan Smith / Melyn Osmond ****This item is to budget for the interest that has accumulated in this grant cost center since the original grant award. This grant ends 9/30/21 and the interest needs to be budgeted for so that it can be included in the closeout of this award.**** The police department received a grant award from the U.S. Department of Justice under the 2018 Edward Byrne Memorial Justice Assistance Grant program. The total grant award is $334,302. Of that total the City will subaward $110,717 to Salt Lake County/Unified Police Department. The police department will use its portion of the award to conduct community policing and fund training for sworn and civilian personnel. The department will also purchas e a weapons shelving system and laser scanner for its Crime Lab Unit, supplies or veterinary needs for its K9 program, fitness equipment, a software license for its accident investigators. G-2: Utah State Department of Public Safety - 2020 Emergency Management Performance Grant (EMPG) Misc Grants $30,000.00 Department: Emergency Management Services Prepared By: Audrey Pierce / Melyn Osmond The Emergency Management Services Division received a $30,000 FY2020 EMPG grant from the State of Utah, Department of Public Safety. This grant is awarded on an annual basis to jurisdictions to help offset costs of planning and updating emergency preparedness plans, conduct emergency preparedness exercises and produce materials and other media for public educational outreach and training pertaining to emergency preparedness. SLC's population increases from 180,000 to an estimated 310,000 each workday. Should a disaster occur during the workday, employees become a part of the SLC emergency response, but are not trained to assist themselves or others. These funds will offset costs in providing National Incident Management System (NIMS) training to SLC st aff with emergency response responsibilities during a disaster or other significant event. The funds will be used to fund community preparedness activities, purchase training materials, supplies and equipment including books, brochures, handouts, etc. The grant requires a 50% match which will be satisfied with the Community Preparedness Coordinator's time and budgeted for within Emergency Managements general fund. G-2: Utah Department of Public Safety, Division of Emergency Management, 2019 State Homeland Security Program (SHSP) Grant Misc Grants $64,256.00 Department: Emergency Management Services Prepared By: Audrey Pierce / Melyn Osmond The Emergency Management Services Division/Police Department received $64,256 for the 2019 Homeland Security grant from the State of Utah, Department of Emergency Management. This grant is awarded to local jurisdictions to increase capabilities by funding projects in the following areas: Law Enforcement Terrorism Prevention, Planning Training and Exercise, Interoperable Communications, Special Operations Equipment and Sustainment, Information Sharing and Management, Emergency Response Equipment and Sustainment. The grant funds for SLC will be $15,711 used for Law Enforcement Terrorism Prevention (LETP) for Palan tir costs, and $48,545 used for State Homeland Security Program (SHSP) for developing an emergency recovery plan for the City. Salt Lake City FY 2021-22 Budget Amendment #2 Initiative Number/Name Fund Amount 5 G-4: School-Age Program Summer Expansion Grant 2021, State of Utah, Department of Workforce Services Misc Grants $199,980.00 Department: Youth & Family Prepared By: Kim Thomas / Melyn Osmond The Public Services Division of Youth and Family Services applied for and received a grant award of $199,980 for the 2021 summer expansion program, from Utah State Department of Work Force Services through the Utah Office of Child Care for the School Age Program Summer Expansion Grant. The Division of Youth and Family Services received $199,980 to provide YouthCity 2021 summer programming for youth five to twelve years old at Fairmont Park, Liberty Park, Central City, Ottinger Hall, Sorenson Unity Center, and Sorenson Multi-Cultural Center. $138,545 for Salaries and Fringe for existing staff, $1,800 for Communications, $54,635 for Materials and Supplies, and $5,000 for Professional Fees and Contract Services. G-5: Utah State Office of Education, Summer Food Service Program - Youth Summer Snack Programs Misc Grants $15,000.00 Department: Youth & Family Prepared By: Kim Thomas / Melyn Osmond The Public Services Division of Youth & Family (YouthCity) applied for and received a new continuation grant for Summer Snacks offered by the Utah State Office of Education, under the Summer Food Service Program. These funds are available to youth service providers to help offset the costs of food and snacks purchased for children participating in the summer programs. Liberty Park, Ottinger Hall, Fairmont Park, Sorenson Unity Center, and the Northwest Teen Programs will receive reimbursement directly through the State Office of Education and will receive up to $15,000, based on qualified snack expenses. SLC is reimbursed on a monthly basis and only qualified nutritious snacks and meals served to children participating in the summer enrichment/education activities during the summer program hours are eligible for reimbursement. G-6: Executive Office of the President, Office of National Drug Control - 2022 Rocky Mountain High Intensity Drug Trafficking Area (HIDTA) Grant Misc Grants $703,757.00 Department: Police Prepared By: Jordan Smith / Melyn Osmond The Salt Lake City Police Department received a grant of $703,757 from the High Intensity Drug Trafficking Areas (HIDTA) program. Of this award $210,030 is approved for salaries and $84,827 is approved for fringe benefits for an administrative employee, K -9 officer, and a contracted finance manager. $140,000 for investigative and support overtime, $44,000 for investigative/operational and administrative travel, $68,800 for communications, investigative services, service contracts and vehicle leases,$11,700 for supplies, and $144,400 for other administra tive costs and confidential informant funds. Section I: Council Added Items Impact Fees ‐ Summary Confidential Data pulled 7/27/2021 Unallocated Budget Amounts: by Major Area Area Cost Center UnAllocated Cash Notes: Impact fee - Police 8484001 525,991$ A Impact fee - Fire 8484002 1,084,253$ B Impact fee - Parks 8484003 9,384,420$ C Impact fee - Streets 8484005 5,571,233$ D 16,565,896$ Expiring Amounts: by Major Area, by Month 202007 (Jul2020)2021Q1 -$ -$ -$ -$ -$ 202008 (Aug2020)2021Q1 -$ -$ -$ -$ -$ 202009 (Sep2020)2021Q1 -$ -$ -$ -$ -$ 202010 (Oct2020)2021Q2 -$ -$ -$ -$ -$ 202011 (Nov2020)2021Q2 -$ -$ -$ -$ -$ 202012 (Dec2020)2021Q2 -$ -$ -$ -$ -$ 202101 (Jan2021)2021Q3 -$ -$ -$ -$ -$ 202102 (Feb2021)2021Q3 16,273$ -$ -$ -$ 16,273$ 202103 (Mar2021)2021Q3 16,105$ -$ -$ -$ 16,105$ 202104 (Apr2021)2021Q4 1,836$ -$ -$ -$ 1,836$ 202105 (May2021)2021Q4 14,542$ -$ -$ -$ 14,542$ 202106 (Jun2021)2021Q4 30,017$ -$ -$ -$ 30,017$ Current Month 202107 (Jul2021)2022Q1 10,107$ -$ -$ -$ 10,107$ 202108 (Aug2021)2022Q1 6,804$ ^ 1 -$ -$ -$ 6,804$ 202109 (Sep2021)2022Q1 5,554$ ^ 1 -$ -$ -$ 5,554$ 202110 (Oct2021)2022Q2 3,106$ ^ 1 -$ -$ -$ 3,106$ 202111 (Nov2021)2022Q2 -$ -$ -$ -$ -$ 202112 (Dec2021)2022Q2 -$ -$ -$ -$ -$ 202201 (Jan2022)2022Q3 -$ -$ -$ -$ -$ 202202 (Feb2022)2022Q3 -$ -$ -$ -$ -$ 202203 (Mar2022)2022Q3 -$ -$ -$ -$ -$ 202204 (Apr2022)2022Q4 -$ -$ -$ -$ -$ 202205 (May2022)2022Q4 -$ -$ -$ -$ -$ 202206 (Jun2022)2022Q4 -$ -$ -$ -$ -$ 202207 (Jul2022)2023Q1 -$ -$ -$ -$ -$ 202208 (Aug2022)2023Q1 -$ -$ -$ -$ -$ 202209 (Sep2022)2023Q1 -$ -$ -$ -$ -$ 202210 (Oct2022)2023Q2 -$ -$ -$ -$ -$ 202211 (Nov2022)2023Q2 -$ -$ -$ -$ -$ 202212 (Dec2022)2023Q2 -$ -$ -$ -$ -$ 202301 (Jan2023)2023Q3 -$ -$ -$ -$ -$ 202302 (Feb2023)2023Q3 -$ -$ -$ -$ -$ 202303 (Mar2023)2023Q3 -$ -$ -$ -$ -$ 202304 (Apr2023)2023Q4 118$ -$ -$ -$ 118$ 202305 (May2023)2023Q4 469$ -$ -$ -$ 469$ 202306 (Jun2023)2023Q4 276$ -$ -$ -$ 276$ Total, Currently Expiring through June 2021 78,774$ -$ -$ -$ 78,774$ Notes ^1 FY 2 0 2 3 Calendar Month 7/27/21: We are currently in a refund situation. We will refund $15k in the next 3 months without offsetting expenditures Fi s c a l Y e a r 2 0 2 1 FY 2 0 2 2 Fiscal Quarter E = A + B + C + D Police Fire Parks Streets Total The Police Impact Fees will not be in a refund position when a change is made based on discussions from the FY2022 budget process. Impact Fees Confidential Data pulled 7/27/2021 AAA BBB CCC DDD = AAA - BBB - CCC Police Allocation Budget Amended Allocation Encumbrances YTD Expenditures Allocation Remaining Appropriation Values Description Cost Center Sum of Police Allocation Budget Amended Sum of Police Allocation Encumbrances Sum of Police Allocation YTD Expenditures Sum of Police Allocation Remaining Appropriation Impact fee - Streets Westside 8484005 -$ -$ -$ -$ Police'sConsultant'sContract 8419205 5,520$ 3,507$ 1,955$ 58$ Police Impact Fee Refunds 8421102 438,897$ -$ -$ 438,897$ Police Refunds 8418013 539,687$ -$ 69,291$ 470,396$ A PolicePrecinctLandAquisition 8419011 1,410,243$ 239,836$ -$ 1,170,407$ Grand Total 2,440,385$ 289,381$ 71,246$ 2,079,759$ Fire Allocation Budget Amended Allocation Encumbrances YTD Expenditures Allocation Remaining Appropriation Values Fire refunds 8416007 82,831$ -$ -$ 82,831$ Fire Station #14 8415001 6,650$ 6,083$ 567$ -$ Fire Station #14 8416006 52,040$ -$ 7,428$ 44,612$ Fire Station #3 8415002 1,568$ -$ -$ 1,568$ Fire Station #3 8416009 1,050$ 96$ 485$ 469$ Impact fee - Fire 8484002 -$ -$ -$ -$ Impact fee - Streets Westside 8484005 -$ -$ -$ -$ Study for Fire House #3 8413001 15,700$ -$ -$ 15,700$ B FireTrainingCenter 8419012 46,550$ -$ 46,550$ -$ Fire'sConsultant'sContract 8419202 10,965$ 4,883$ 6,024$ 58$ FY20 FireTrainingFac. 8420431 66,546$ -$ 10,516$ 56,031$ Fire Station #3 Debt Service 8421200 541,106$ -$ 541,106$ -$ Fire Station #14 Debt Service 8421201 339,172$ -$ 339,172$ -$ Grand Total 1,164,177$ 11,063$ 951,846$ 201,268$ Parks Allocation Budget Amended Allocation Encumbrances YTD Expenditures Allocation Remaining Appropriation Values Impact fee - Parks 8484003 -$ -$ -$ -$ JR Boat Ram 8420144 125,605$ 15,561$ 110,044$ -$ Three Creeks Confluence 8419101 173,017$ -$ 173,017$ -$ Cnty #2 Match 3 Creek Confluen 8420426 515,245$ 88$ 515,157$ -$ Park'sConsultant'sContract 8419204 7,643$ 4,815$ 2,786$ 42$ Folsom Trail/City Creek Daylig 8417010 766$ -$ 620$ 146$ Cwide Dog Lease Imp 8418002 24,056$ 23,000$ 526$ 530$ C Rosewood Dog Park 8417013 16,087$ -$ 14,977$ 1,110$ Jordan R 3 Creeks Confluence 8417018 11,856$ -$ 10,287$ 1,570$ 9line park 8416005 86,322$ 19,702$ 64,364$ 2,256$ Jordan R Trail Land Acquisitn 8417017 2,946$ -$ -$ 2,946$ Warm Springs Off Leash 8420132 27,000$ 15,811$ 6,589$ 4,600$ Fairmont Park Lighting Impr 8418004 50,356$ 43,597$ 605$ 6,155$ FY Parks and Public Lands Compreh 8417008 7,500$ -$ -$ 7,500$ Rich Prk Comm Garden 8420138 27,478$ 4,328$ 14,683$ 8,467$ Redwood Meadows Park Dev 8417014 15,939$ -$ 6,589$ 9,350$ ImperialParkShadeAcct'g 8419103 10,830$ -$ -$ 10,830$ Park refunds 8416008 11,796$ -$ -$ 11,796$ IF Prop Acquisition 3 Creeks 8420406 350,000$ 1,905$ 291,986$ 56,109$ Parks Impact Fees 8418015 102,256$ -$ 875$ 101,381$ UTGov Ph2 Foothill Trails 8420420 200,000$ 22,524$ 64,916$ 112,560$ FY20 Bridge to Backman 8420430 727,000$ 574,709$ 4,080$ 148,211$ 9Line Orchard 8420136 195,045$ -$ -$ 195,045$ Waterpark Redevelopment Plan 8421402 225,000$ -$ 753$ 224,247$ Trailhead Prop Acquisition 8421403 275,000$ -$ -$ 275,000$ Bridge to Backman 8418005 350,250$ 10,285$ 59,974$ 279,990$ Parley's Trail Design & Constr 8417012 327,678$ -$ -$ 327,678$ Cnty #1 Match 3 Creek Confluen 8420424 400,000$ 7,790$ 11,523$ 380,688$ Jordan Prk Event Grounds 8420134 431,000$ -$ -$ 431,000$ Wasatch Hollow Improvements 8420142 490,830$ -$ 1,142$ 489,688$ Fisher House Exploration Ctr 8421401 540,732$ 1,883$ 16,843$ 522,007$ Marmalade Park Block Phase II 8417011 1,145,394$ 34,222$ 50,965$ 1,060,208$ Fisher Carriage House 8420130 1,098,764$ -$ -$ 1,098,764$ Pioneer Park 8419150 3,442,199$ 229,022$ 98,295$ 3,114,882$ Grand Total 11,415,591$ 1,009,242$ 1,521,594$ 8,884,756$ Streets Allocation Budget Amended Allocation Encumbrances YTD Expenditures Allocation Remaining Appropriation Values 9 Line Central Ninth 8418011 152,500$ 152,500$ -$ -$ IF Roundabout 2000 E Parleys 8420122 455,000$ -$ 455,000$ -$ Impact fee - Streets Westside 8484005 -$ -$ -$ -$ 500/700 S Street Reconstructio 8412001 41,027$ 32,718$ 8,309$ -$ Transportation Safety Imp 8418007 147,912$ -$ 147,912$ -$ 500 to 700 S 8418016 575,000$ 96,637$ 478,363$ -$ Trans Master Plan 8419006 13,000$ 13,000$ -$ -$ 700 South Reconstruction 8414001 310,032$ -$ 310,032$ -$ D 700 South Reconstruction 8415004 1,157,506$ 2,449$ 1,155,057$ -$ LifeOnState Imp Fee 8419009 124,605$ -$ 124,605$ -$ Transportation Safety Improvem 8417007 22,360$ -$ 20,916$ 1,444$ Gladiola Street 8406001 16,544$ 13,865$ 435$ 2,244$ Trans Safety Improvements 8419007 210,752$ 87,472$ 115,100$ 8,180$ Street'sConsultant'sContract 8419203 39,176$ 17,442$ 9,360$ 12,374$ Complete Street Enhancements 8420120 125,000$ -$ 89,608$ 35,392$ Transp Safety Improvements 8420110 250,000$ 20,697$ 191,220$ 38,083$ 1300 S Bicycle Bypass (pedestr 8416004 42,833$ -$ -$ 42,833$ Indiana Ave/900 S Rehab Design 8412002 124,593$ -$ -$ 124,593$ Bikeway Urban Trails 8418003 200,000$ -$ -$ 200,000$ TransportationSafetyImprov IF 8421500 375,000$ -$ 72,947$ 302,053$ IF Complete Street Enhancement 8421502 625,000$ -$ -$ 625,000$ Street Improve Reconstruc 20 8420125 2,858,090$ 1,469,774$ 607,870$ 780,446$ Traffic Signal Upgrades 8419008 251,316$ -$ 29,628$ 221,688$ Traffic Signal Upgrades 8420105 300,000$ 300,000$ -$ -$ Traffic Signal Upgrades 8421501 875,000$ -$ -$ 875,000$ Grand Total 9,292,247$ 2,206,554$ 3,816,363$ 3,269,330$ Total 24,312,401$ 3,516,240$ 6,361,049$ 14,435,112$ E = A + B + C + D TRUE TRUE TRUE TRUE 9,384,420$ 5,571,233$ 16,565,896$ 8484002 8484003 8484005 525,991$ $1,084,253 8484001 UnAllocated Budget Amount CITY COUNCIL OF SALT LAKE CITY 451 SOUTH STATE STREET, ROOM 304 P.O. BOX 145476, SALT LAKE CITY, UTAH 84114-5476 SLCCOUNCIL.COM TEL 801-535-7600 FAX 801-535-7651 COUNCIL STAFF REPORT CITY COUNCIL of SALT LAKE CITY tinyurl.com/SLCFY22Budget TO:City Council Members FROM: Ben Luedtke Budget & Policy Analyst DATE:September 14, 2021 RE: Up to $58 Million of Bonds for Capital Improvements (Series 2021A and 2021B) ISSUE AT-A-GLANCE On May 21, the Council received the Mayor’s bond proposal (Attachment 1) requesting the Council approve a bond up to $58 million for 16 capital improvements. Project descriptions are shown on pages three and four of Attachment 1. A table summarizing the proposed bond-funded projects is also available in this report on pages two and three. The projects include restoration of historic City-owned buildings, quality of life and safety improvements on streets, and nearly half the funding would go to enhancements of parks and public lands. Two Bonds: One Taxable, Another Tax-exempt – The proposed funding is split between $22,490,000 for tax- exempt projects and $34,600,000 for taxable projects. A project requires partial or full taxable bond funding if the resulting use is for private and/or for-profit. A taxable bond is more expensive financing than tax-exempt because of the additional tax cost and potential for a higher interest rate. The bonds can be structured to only pay interest for the first six months, 12 months, or 18 months. This approach could delay the first full debt payment of interest and principal until next fiscal year but at a greater total cost because a larger amount of interest would be paid over the life of the bond. Project Cost Estimates – The Council could discuss with the Administration about doing additional public engagement and/or design for some projects to better define designs (amenities, locations, programming, etc.) and costs before approving a bond. Most of the proposed projects do not have detailed budget breakdowns or engineering reviewed designs. Note that a few projects have gone through public engagement efforts such as the 600 North corridor transformation and Glendale Waterpark redevelopment. Some City construction projects have experienced double-digit price increases this year due to pandemic-related economic impacts. It’s unclear how long these price fluctuations will continue. The Council could request a review of cost estimates, increase project-specific contingency funding, and/or add a general contingency reserve available to any project. Process to Adopt – It’s important to note that the proposed sales tax revenue bond only requires Council approval unlike a General Obligation bond which requires voter approval at the ballot box. The Council would need to adopt a public hearing resolution, set the date, and hold at least one public hearing about the bond. The Council would also need to adopt a delegating bond resolution that formally authorizes the bond sales and identifies eligible projects and scopes. There is no legal deadline for the Council to authorize, adjust or decline the proposed bond. Project Timeline: Budget Hearings: May 18 & June 1, 2021 1st Briefing: June 1, 2021 2nd Briefing: September 14 3rd Briefing: TBD Potential Action: TBD Note: there is no legal deadline for the Council to authorize, adjust or decline the proposed bond Page | 2 Funding Opportunity after Older Bond Paid Off Last Year – The Administration is proposing the bond now because an approximately $80 million bond was paid off in FY21 which removed $5.3 million of annual debt payments. The Mayor is recommending a new, smaller bond up to $58 million for 16 capital improvements around the City. In large part the size of the bond proposed is to account for the size of the debt service fitting into the proposed FY 22 budget (the proposed budget had a placeholder). As part of the FY21 CIP debt service budget, the Council included $3,657,667 for a first-year payment on the proposed bond. This funding could be used for other purposes if the Council declines to proceed with the bond or approves a smaller bond. If the Council approves a bond larger than $58 million, then additional funding would need to be identified to make the first-year payment, or the Council could work with the Administration to identify timing of first-year payment. Long term the Council could accommodate larger bond payments but would need to adjust the budget to remain balanced. Projects Overview of $58 Million Bond Proposal – The pie chart shows almost half of the bond funding would construct enhancements to parks and public lands, a third would address deferred maintenance at City buildings and create a new facility and the remaining 19% would go to transportation and streets reconstruction. Note that the City is about halfway through the 2018 voter-approved $87 Million Streets Reconstruction Bond. More ongoing funding for street reconstructions and overlays will be needed after the bond funds are gone. A third of four bond issuances totaling $87 million is planned later this year. The table below summarizes projects by category, proposed funding, percentage of total bond funding and notes such as recent Council funding for the project from other sources, total funding needs when known and related info. Category $ Amount Project Name % of Bond Notes $ 7,500,000 Fisher Mansion Restoration 13% - Building would be ready for public or private uses with both projects funded - In FY20 CIP, the Council funded almost $1.4 million for restoration of the Carriage House $ 3,000,000 Warm Spring Historic Plunge Structure Stabilization 5% - This would be for initial life/safety improvements. Building would not be ready for public or private uses $ 3,000,000 Smith's Ballpark Improvements 5% - Total deferred maintenance and improvements identified by the Facilities condition index (industry best practice) is estimated at over $12.7 million $ 2,500,000 Central Plant Electrical Transformer Upgrade 4% - Required by Rocky Mountain Power by 2024 $ 1,700,000 Urban Wood Reutilization Equipment and Storage 3% - New program would also require one or two new full-time City employees - Program is focused on recycling wood rather sending to the landfill and could generate modest savings / revenue Facilities & Real Estate $ 1,500,000 Fisher Mansion Improvements 3% - This funding is for structure stabilization - Building would be ready for public or private uses with both projects funded - In FY20 CIP, the Council funded almost $1.4 million for restoration of the Carriage House Subtotal $ 19,200,000 34% Facilities & Real Estate, 34% Transportation & Streets, 19% Parks & Public Lands, 47% % of $58 Million Bond by Category $19.2 Million $11.1 Million $26.79 Million Page | 3 Category $ Amount Project Name % of Bond Notes $ 6,100,000 Westside Railroad Quiet Zones 11% - Three at grade crossings would be improved to create a single quiet zone in residential neighborhood $ 4,000,000 600 North Corridor Transformation 7% - In FY22 CIP, the Council approved over $1.8 million for this projectTransportation & Streets $ 1,000,000 City Cemetery Road Repairs / Reconstruction 2% - Total road repairs and reconstruction estimated at $12.5 million Subtotal $ 11,100,000 19% $ 10,000,000 Glendale Water Park Redevelopment 18% - In FY22 CIP, the Council approved 3.2 million for this project $ 5,200,000 Pioneer Park Improvements 9% - In FY20 CIP, the Council approved $3.445 million of parks impact fees for Pioneer Park improvements. Public engagement is currently ongoing for selecting amenities and locations $ 5,250,000 Foothills Master Plan Phase 2 & 3 Trailheads 9% - Five trailhead locations are identified, three would have restrooms, no property acquisitions would be necessary - In FY19 and FY21 CIP, the Council approved over $1.1 million for Phase 1 implementation - In FY22 CIP, the Council approved $1.7 million for implementing the Foothills Master Plan $ 3,400,000 Westside Park Improvements 6% $ 1,300,000 Allen Park Historic Structures Improvements, Utilities including Power and Activation 2% - The City purchased Allen Park in FY20 for $7.5 million - In FY21 CIP, the Council approved $450,000 for property protection, public pathways, and consultant services - In FY22 CIP, the Council approved $420,000 for this same project $ 1,200,000 Public Lands Multilingual Wayfinding Signs 2% Parks & Public Lands $ 440,000 Jordan River Paddle Share at 1700 South 1% - Three already funded boat ramps into the Jordan River within Salt Lake City are expected to be complete this year for a total of four Subtotal $ 26,790,000 47% TOTAL $ 57,090,000 100% $300+ Million Unfunded Capital Needs Over Next Decade – Below is a list of the City’s unfunded capital needs from large single-site projects to long-term best management of capital assets like buildings, streets, and vehicles. This list is not comprehensive, and some costs may be higher since originally estimated. The total unfunded needs of the below list exceed $300 million and may be closer to $500 million depending on the specifics of new construction and major redevelopments in the first section. Note that these estimates for new assets do not include maintenance costs. The Council may wish to ask the Administration about their progress on a City Capital Facilities Plan. Typically, these documents identify, track, prioritize and schedule unfunded Page | 4 capital needs over a long-term horizon. This could include identifying future bond opportunities based on the City’s current schedule of when bonds will be paid off. Note that the proposed bond includes funding for some projects in the below list. Redevelopment Agency projects are not included in the below list. However, the Council has previously taken a “whole City” perspective and leveraged multiple funding sources to complete RDA projects including use of the City’s bonding capacity. Costs TBD for potential new construction and major redevelopments: o Old Public Safety Building o Fleet Block mixed-use redevelopment potentially including housing, green space and commercial o Eastside Police Precinct o Crime lab building out (currently leasing space) o Multiple aging fire stations and training facilities need renovations or possible demolition and rebuild o Renovation of historic structures like Fisher Mansion and Warm Springs Historic Plunge o The old main library downtown (The Leonardo) renovations such as escalator replacement/removal o Expansion of the S-Line Streetcar which received $12 million in State funding to reach Highland Drive o Downtown and/or 400 West TRAX loops o Railroad quiet zones on the westside o Undergrounding rail lines that divide the City’s west and east sides (aka “Train Box” proposal) o Implementing rest of the 9-Line and McClelland urban trails construction, landscaping, amenities, and ongoing maintenance o Downtown Green Loop regional park o Build out of the multi-phase Foothills Master Plan o Wingpointe Levee on Surplus Canal reconstruction to meet federal and state standards $133 million over ten years (in addition to existing ongoing funding level) to increase the overall condition index of the City's street network from poor to fair $50.9 million above the FY22 recommended funding level over next 10 years to fully fund the City’s Fleet needs $47.7 million over ten years to bring all actively used City facilities out of deferred maintenance $25 million for capital improvements at the City Cemetery, of which $12.5 million is for road repairs $20 million for a new bridge at approx. 4900 West from 500 South to 700 South $12.7 million for deferred maintenance and improvements at the Smiths Ballpark $7 million for multiple bridge replacements that span the Jordan River $6 million for planned upgrades to the Regional Athletic Complex $3.1 million for downtown irrigation system replacement $2 million for streets crew facility upgrades like asphalt steam bay and salt storage $1.3 million for solar panels, parking canopy and security upgrade at Plaza 349 PROJECT SPECIFIC POLICY QUESTIONS A.Adding, Removing and/or Changing Funding Level for Projects – The Council may wish to discuss with the Administration if there are projects the Council wants to add, remove, and/or change the proposed funding level. Does the Council want additional information on any proposed projects before scheduling a vote? The Council may also wish to discuss if the bond funding by category (see pie chart and table above) aligns with the Council’s policy priorities. B.Cost Estimates and Contingency Funding – The Council may wish to ask the Administration when the cost estimates were calculated and to what extent contingency funding accounts for the uncertainty of market pricing caused by global supply chain fluctuations and other pandemic impacts to the economy. The Administration stated projects include a 20% contingency. The Council could explore adding a larger contingency to each project or adding a contingency / reserve available to all projects. C.Conflicting Proposals for Same Property: Urban Wood Reutilization Program and Tiny Home Village – The Council may wish to ask the Administration if either project could be located at another location. The Public Lands Department stated that the location is important for a new urban wood reutilization program and is located next to the existing Public Lands building, which staff understands is the same location as the proposed Tiny home village. Page | 5 D.End User(s) for Restoration of Fisher Mansion, Warm Springs Historic Plunge and Allen Park – The Council may wish to discuss with the Administration what end users are intended for restoration of these three historic facilities? E.Projects Increasing Workload and Need for New Full-time Employees: The Council may wish to ask the Administration which projects would create the need for new full-time employees, when that new staffing need would begin (pending completion of construction in some cases), and how they would be funded. An initial review of the 16 proposed projects indicates the following would create new ongoing staffing workloads: Allen Park for property management and art programming/events, Urban Wood Reutilization new program needs staff to operate equipment, paddle share new program with some locker automation but also new administration and logistics work. F.Expanding the City’s in-house Sign Shop – The Council may wish to continue the discussion from the annual budget about options to expand the City’s existing in-house sign shop. The Public Services Department stated the shop operates at capacity and additional employees would be needed. GENERAL POLICY QUESTIONS 1.Need and Ability to Spend Tax-exempt Bond Funds within Three Years – The Council may wish to ask the Administration how tax-exempt bond funds will be spent within the legally required three years, especially if additional engagement/design work is needed to finalize costs. This could include the Engineering Division’s capacity to absorb the additional workload, availability of contractors in the local market, phasing projects over multiple bond issuances (which is a common strategy), and if CIP projects could be delayed because they are not subject to the three-year spending deadline. While taxable bond funds do not have a legally required spending deadline there is a practice concern to spend before they lose significant amounts of purchasing power. 2.$300+ Million Unfunded Capital Needs and $58 Million Bond Proposal – The Council may wish to discuss how to balance the City’s $300+ million unfunded capital needs including deferred maintenance for existing assets with funding construction of new assets that will create new unfunded maintenance needs including increased staffing workloads. 3.Public Engagement – The Council may wish to discuss what public engagement should look like for the bond and individual projects. The Council may also wish to ask the Administration about public engagement efforts for projects so far and how residents can provide feedback on the other projects. 4.Project Prioritization – The Council may wish to discuss with the Administration which projects to prioritize for the following situations: a. Excess funds are available to go to another project b. Actual costs exceed available project budget, and a project (or multiple projects) must be reduced in scope c. A project will not be constructed because available funding is significantly less than needed even after scope reductions 5.American Rescue Plan Act (ARPA) Funding for Bond Projects – The Council may wish to discuss with the Administration the option to use ARPA funding for two bond projects that are eligible under the Treasury’s interim guidance: $4 million West Side Neighborhood Park Improvements and $1.2 million Multilingual Wayfinding Signs. Note that the projects would need to be within qualified Census tracts to be fully eligible. See Attachment 3 for the ARPA infographic and Attachment 4 for a map of qualified Census tracts. 6.CIP Debt Level – The Council may wish to discuss with the Administration what debt level in CIP is preferred to balance long-term bond payments with annual CIP project funding needs. The proposed bonds would have an annual debt service payment over $3.6 million. See Additional Info section for debt service projects to FY26. 7.Capital Facilities Plan (CFP) – The Council may wish to ask the Administration for a status update on the CFP (10-Year Comprehensive CIP Plan). It’s envisioned as a living document that prioritizes capital needs across City plans and departments within funding constraints. The Council held a briefing Page | 6 in January 2019 about a first draft and expressed interest in identifying measurable goals to accomplish through the CFP and guide prioritization of project planning (see Attachment 5). ADDITIONAL & BACKGROUND INFORMATION CIP Debt Load Projections through FY26 The Administration provided the following chart to illustrate the ratio of ongoing commitments to available funding for projects over the next six fiscal years. Most of these commitments are debt payments on existing bonds. Other commitments include, ESCO debt payments, the Crime Lab lease, capital replacement funding for parks and facilities, contributions to the CIP cost overrun account and the 1.5% for art fund. The CIP Budget Book includes an overview and details on each of the ongoing commitments. 79% of the General Fund transfer into CIP was needed for these ongoing commitments in FY21. Note that the chart does not reflect the proposed bond which would increase annual debt service payments and reduce funding available for CIP projects. The projected debt load significantly decreased in FY22 because Series 2014A Taxable Refunding of 2005 bonds matured (paid off). It was approximately $80 million when the bond was originally issued (before refunding). This reduces the debt load from 79% to 45% and removes a $5.3 million annual debt payment. The Mayor is recommending a new sales tax revenue bond totaling $58 million with an estimated annual debt payment over $3.6 million. Note that General Obligation (G.O.) bonds are not paid from CIP because they are funded through a separate, dedicated voter-approved property tax increase. 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25 FY 2025-26 Allocation of CIP General Fund Transfer Amount, 6 Year Projection, assuming 2% revenue growth per year, and continued allocation of 7% of GF revenue to CIP Debt Service On Bonds Other Debt Service Othe r Commit ments Pay as You G o Pro jec ts Cost Overrun Account At the time of publishing this staff report, the account has an available to spend balance of $910,720. The Council established this account for projects that experience costs slightly higher than budgeted. A formula determines how much additional funding may be pulled from the Cost Overrun account depending on the total Council-approved budget. This process allows the Administration to add funding to a project without returning to the Council in a budget amendment. A written notification to the Council on uses is required. The purpose is to allow projects to proceed with construction instead of delaying projects until the Council can act in a budget amendment which typically takes a few months. Page | 7 Capital Facilities Plan (CFP) (See Attachment 5) The CFP is a comprehensive 10-year CIP plan. See Attachment 6 for a summary of the Council’s requests and guidance during the January 2019 briefing from the Administration and discussion. It’s important to note, the Council expressed interest in identifying a couple measurable goals to accomplish through the CFP and guide prioritization of project planning. Fisher Mansion Feasibility Analysis SLC has commissioned CRSA Architects to conduct a feasibility analysis for restoring and establishing active use in the Fisher Mansion building. CRSA’s work will look at a series of conceptual alternatives, including the adaptive reuse of the Mansion as a food & beverage + music & art venue, and alternately as a café and exhibition gallery space with office space for city staff and/or community organizations, along with a reimagined outdoor plaza for activities and events. ATTACHMENTS 1. Transmittal for Proposed $58 Million Sales Tax Bonds Series 2021A and 2021B 2. Description for $3.4 Million Investment in Westside Parks (was not included in transmittal) 3. ARPA Budget Update Infographic August 17, 2021 4. 2021 HUD Qualified Census Tracts Map 5. Capital Facilities Plan Council Requests from January 2019 ACRONYMS ARPA – American Rescue Plan Act CAN – Community and Neighborhoods Department CFP – Capital Facilities Plan CIP – Capital Improvement Program ESCO – Energy Service Companies FY – Fiscal Year G.O. Bond – General Obligation bond HUD – U.S. Housing and Urban Development Department MARY BETH THOMPSON Chief Financial Officer ERIN MENDENHALL Mayor DEPARTMENT OF FINANCE 451 SOUTH STATE STREET, ROOM 245 SALT LAKE CITY, UTAH 84114 TEL 801-535-6403 CITY COUNCIL TRANSMITTAL _________________________ Date Received: __________________ Rachel Otto, Chief of Staff Date sent to Council: ______________ TO: Salt Lake City Council DATE: May 20, 2021 Amy Fowler, Chair FROM: Mary Beth Thompson, Chief Financial Officer ________________________________ SUBJECT: Salt Lake City Sales and Excise Tax Revenue Bonds, Series 2021A and 2021B STAFF CONTACT: Marina Scott, City Treasurer 801-535-6565 DOCUMENT TYPE: Briefing RECOMMENDATION: 1) That the City Council hold a discussion on June 15, 2021 in anticipation of adopting a Bond Resolution for the aforementioned bond issue; 2) That the City Council consider adopting a Bond Resolution on July 13, 2021 approving the issuance and sale of up to $58,000,000 principal amount of Sales and Excise Tax Revenue Bonds, Series 2021A and 2021B (the “Bonds”), and give authority to certain officers to approve the final terms and provisions of and confirm the sale of the Bonds within certain parameters set forth in the attached Bond Resolution. BUDGET IMPACT: Tax- Exempt Sales Tax and Excise Tax Revenue Bond, Series 2021A – $22,490,000: Proceeds from the Bonds will be used to finance the cost of the various capital improvement projects. The list of the capital improvement projects to be financed by this bond issue is attached. The City’s Bond Counsel has reviewed the attached list of projects and provided their recommendations to the tax status of the bonds. The list is color-coded to reflect their responses. Responses highlighted in green are for projects that are eligible for tax-exempt financing. Responses highlighted in yellow are for projects that are eligible for tax-exempt financing but have potential private business use. rachel otto (May 21, 2021 13:58 MDT) 05/21/2021 05/21/2021 Salt Lake City Sales and Excise Tax Revenue Bonds, Series 2021A and 2021B Transmittal to City Council May 11, 2021 Page 2 of 2 Responses highlighted in red are projects that either have or are likely to have private business use. The Administration proposes to issue tax-exempt bonds for the projects highlighted in green for the total of $22,490,000. Based on preliminary estimates and the current interest rate environment, annual debt service costs would average $1,307,595 per year for 21 years. Attached are preliminary numbers including estimated sources and uses of funds as well as debt amortization schedules. Taxable Sales Tax and Excise Tax Revenue Bond, Series 2021B - $34,600,000: The Administration proposes to issue taxable bonds for the projects highlighted in yellow and red for the total of $34,600,000. Based on preliminary estimates and the current interest rate environment, annual debt service costs would average $2,111,765 per year for 21 years. Attached are preliminary numbers including estimated sources and uses of funds as well as debt amortization schedules. BACKGROUND/DISCUSSION: The table below summarizes the proposed bond issue: NEW MONEY New Money Project List $57,090,000 Tax-Exempt (green highlight) $22,490,000 Taxable (red & yellow highlights) $34,600,000 The current plan calls for the Bonds to be sold on August 25, 2021. An estimated debt service, a draft copy of the authorizing resolution of the City are included for your review. Please keep in mind that these are preliminary drafts and are subject to change. The Certificate of Determination will need to be signed by the Mayor and Council Chair or their respective designees on the afternoon of the date of pricing and sale of the bonds, which is currently scheduled for August 25, 2021. Attachments cc: Mary Beth Thompson, Boyd Ferguson, Steven Bagley, Lisa Shaffer, Mathew Cassel, Lorna Vogt, Cory Rushton, Blake Thomas. Department Project Dollar Amount Description Facilities CCB Transformer 2,500,000$ CCB Transformer Need square footage of all buildings served by the transformer. May have private business use of the portion serving the Leonardo. Depending on private payments and other private business use, consider financing portion relating to Leonardo on a taxable basis. CAN Warm Springs historic structure stabilization 3,000,000$ Full roof, flashing, drain replacement. Chimney stabilization. Lateral force tier 3 seismic upgrade. Stucco and window treatment. Since the City is treating the direct and indirect costs of the improvements as a capital expenditure, entire project is eligible for tax-exempt financing. PL Urban Wood Reutilization Equipment and Storage Additions 1,700,000$ Storage Building, Equipment Awning, Fencing, Lighting, Utilities to develop a fully functional Urban Wood Reutilization facility $1,700,000. Horizontal Grinder: Primary piece of equipment, will produce landscape mulch and EWF playground surface $1,100,000. Wood Mill: Mill will produce lumber products from urban trees $200,000. Base on project as described, including usage of wood, entire project is eligible for tax-exempt financing. Wood sales, if any, should be to general public. PL Public Lands Multilingual Wayfinding Signage 1,200,000$ This proposal is for Wayfinding signage throughout the City for the Parks, trails and natural lands system. Eligible for tax-exempt financing. PL Jordan River Paddle Share improvements at Exchange Club Marina 1700 S 7 JR 440,000$ Bond-funded infrastructure includes paddle share lockers (2 locations) with functional life of 20+ years, reconstruction of Paddle Share/River Access parking with improved entryway, signage & crosswalk/RRFB pedestrian crossing to existing restroom at 17th South River Park. Funding for additional paddle-share stations that would compliment this project is currently being requested from other sources (grants). Eligible for tax-exempt financing. CAN Fisher Mansion improvements and 1,500,000$ Concrete, masonry and seismic, thermal and moisture protection. Since the City is treating the direct and indirect costs of the improvements as a capital expenditure, entire project is eligible for tax-exempt financing. PL Allen Park Activation Historic Structures 1,300,000$ Adaptive re-use/restoration of historic residences in Allen Park to allow them to serve as artist studio spaces similar to Balboa Park Spanish Village model, with more frequent rotation of artists & art residencies. Improvements to Allen Park site to accommodate frequent gallery strolls, art & music festivals, etc. Will it include power source to allow food trucks, events, etc.? Will full utility upgrades be needed as the structures are now on septic systems. Based on currently described project and the City's intention to treat the direct and indirect costs of the improvements as capital expenditures, the project is eligible for tax-exempt financing; however, there could be private business use and payments. The City will need to actively monitor to ensure compliance with short term exceptions and potentially management contracts (see prior email and memo). Trans 600 North Complete Street Transformation 4,000,000$ A low-cost phase 1 is already funded. Our latest cost estimate shows that we only need $8.7M, but construction prices keep going up, so that doesn't give much wiggle room. Any construction that impacts PU? Yes. We have been and will continue to coordinate with them. Eligible for tax-exempt financing. PL West Side Neighborhood Parks 3,400,000$ Early stages of planning. Should be able to finance with tax-exempt financing; however, repairs could count against 5% working capital limit and there could be private business use. The City will likely need to actively monitor to ensure compliance with short term exceptions. CAN Fisher Mansion restoration 7,500,000$ The full restoration would allow for end uses including community gathering space, venue for music/art & special events, and potentially a commercial kitchen for food & beverage service and/or leasable office space. Leasable office space would create private business use and private payments. Consider financing office space portion with taxable financing. Other portions of the project could be financed on a tax-exempt basis since the City will treat the direct and indirect costs of the improvements as capital expenditures. The City would need to monitored to ensure compliance with short term exceptions. PL Cemetery Road Repairs 1,000,000$ Eligible for tax-exempt financing. PL Foothills Trails System, Phase II, III, Trailheads & Signage 5,250,000$ See Foothills Trails System Plan for Trails Plan Phase II Scope. Major trailhead project locations = Victory Road: 670 North Victory Road, Popperton Park: 1375 East Popperton Park Way, Bonneville Blvd: 675 North Bonneville Boulevard, I Street: 925 Hilltop Road Emigration: 2755 East Sunnyside. Bathrooms included at Bonneville Blvd, Popperton Park and Victory Road. No Bathrooms included at Emigration or I Street. Phase III Trails probably not feasible for construction within 3-year window so are excluded from this budget and planned for future phase, and very possibly funded through external sources including grants and private donations. Eligible for tax-exempt financing. Ballpark 3,000,000$ 1M-Security & Fencing 1M-Stadium Seating/Stairs Railings 1M Interiors Restrooms & Elevator Still under evaluation and need additional information, but private business use is probable as are private payments. Depending on determinations made with other projects may want to consider taxable financing to provide flexibility. Quiet Zones 6,100,000$ Eligible for tax-exempt financing. PL Pioneer Park 5,200,000$ Pioneer Park has impact fee funding to develop new components in the park. This funding would be utilized to rebuild comfort stations (restrooms), take out existing and build new playground, tennis/pickleball reconstruction and to rebuild the event power for farmers market and larger scale events. PL has a consultant preparing to start public engagement in summer of 2021. This project can easily fit in the 3 year time line. Based on currently described project and the City's intention to treat the direct and indirect costs of the improvements as capital expenditures, the project is eligible for tax-exempt financing; however, there could be private business use and payments. The City will need to actively monitor to ensure compliance with short term exceptions and any management contract for the concession stand would need to be reviewed for compliance. May want to consider taxable financing for the concession stand portion to provide flexibility. PL Glendale Water Park 10,000,000$ The community's initial requests include a water feature (splash pad, indoor/outdoor pool etc.) as well as options for open space use including increasing tree canopy, create natural buffer zones for the river, community open spaces using the site's hills for viewing sheds and outdoor classrooms. nostalgia-related public art installations to reflect the site’s original water park use, a food truck court with eating areas, water sports rentals (in coordination with the Jordan River), and a variety of meeting and seating areas around the park. The community also has suggested nostalgia-related public art installations to reflect the sites original water park use, foot truck court, water sports rentals and meeting / seating areas around the park, sports courts, recreation fields, perimeter walking/running trails and an ADA-accessible playground. Lastly the community sees a connected regional park, similar in scope to Liberty Park or Sugarhouse, connecting the existing Glendale Park, 1700 South Park, Glendale Golf Course and the former Raging waters site. Early stages of planning. Should be able to finance with tax-exempt financing; however, there could be private business use. The City needs to actively monitor to ensure compliance with short term exceptions and management contract guidelines, if applicable. Total 57,090,000$ Preliminary; subject to change. SALT LAKE CITY, UTAH $53,640,000 SALES AND EXCISE TAX REVENUE BONDS SERIES 2021 A&B (September 16, 2021 ) ($57.09M Projects) Total Issue Sources And Uses Dated 09/16/2021 | Delivered 09/16/2021 2021A TAX- EXEMPT 2021B TAXABLE Issue Summary Sources Of Funds Par Amount of Bonds $18,840,000.00 $34,800,000.00 $53,640,000.00 Reoffering Premium 3,759,835.65 -3,759,835.65 Total Sources $22,599,835.65 $34,800,000.00 $57,399,835.65 Uses Of Funds Total Underwriter's Discount (0.275%)51,810.00 95,700.00 147,510.00 Costs of Issuance 56,520.00 104,400.00 160,920.00 Deposit to Project Construction Fund 22,490,000.00 34,600,000.00 57,090,000.00 Rounding Amount 1,505.65 (100.00)1,405.65 Total Uses $22,599,835.65 $34,800,000.00 $57,399,835.65 2021AB Comb New Money | Issue Summary | 5/20/2021 | 10:12 AM Stifel Prepared by Stifel, Nicolaus & Company, Inc. (EJR)Page 1 Preliminary; subject to change. SALT LAKE CITY, UTAH $53,640,000 SALES AND EXCISE TAX REVENUE BONDS SERIES 2021 A&B (September 16, 2021 ) ($57.09M Projects) Debt Service Schedule Date Principal Coupon Interest Total P+I Fiscal Total 09/16/2021 ----- 04/01/2022 --803,666.50 803,666.50 - 06/30/2022 ----803,666.50 10/01/2022 2,080,000.00 1.593%741,846.00 2,821,846.00 - 04/01/2023 --725,277.50 725,277.50 - 06/30/2023 ----3,547,123.50 10/01/2023 2,115,000.00 1.674%725,277.50 2,840,277.50 - 04/01/2024 --707,577.50 707,577.50 - 06/30/2024 ----3,547,855.00 10/01/2024 2,155,000.00 1.899%707,577.50 2,862,577.50 - 04/01/2025 --687,113.50 687,113.50 - 06/30/2025 ----3,549,691.00 10/01/2025 2,200,000.00 2.202%687,113.50 2,887,113.50 - 04/01/2026 --662,893.50 662,893.50 - 06/30/2026 ----3,550,007.00 10/01/2026 2,250,000.00 2.408%662,893.50 2,912,893.50 - 04/01/2027 --635,808.50 635,808.50 - 06/30/2027 ----3,548,702.00 10/01/2027 2,310,000.00 2.644%635,808.50 2,945,808.50 - 04/01/2028 --605,271.00 605,271.00 - 06/30/2028 ----3,551,079.50 10/01/2028 2,370,000.00 2.800%605,271.00 2,975,271.00 - 04/01/2029 --572,091.00 572,091.00 - 06/30/2029 ----3,547,362.00 10/01/2029 2,445,000.00 2.939%572,091.00 3,017,091.00 - 04/01/2030 --536,162.50 536,162.50 - 06/30/2030 ----3,553,253.50 10/01/2030 2,515,000.00 3.024%536,162.50 3,051,162.50 - 04/01/2031 --498,133.50 498,133.50 - 06/30/2031 ----3,549,296.00 10/01/2031 2,590,000.00 2.752%498,133.50 3,088,133.50 - 04/01/2032 --462,497.25 462,497.25 - 06/30/2032 ----3,550,630.75 10/01/2032 2,665,000.00 2.826%462,497.25 3,127,497.25 - 04/01/2033 --424,843.75 424,843.75 - 06/30/2033 ----3,552,341.00 10/01/2033 2,740,000.00 2.895%424,843.75 3,164,843.75 - 04/01/2034 --385,181.25 385,181.25 - 06/30/2034 ----3,550,025.00 10/01/2034 2,820,000.00 2.965%385,181.25 3,205,181.25 - 04/01/2035 --343,369.75 343,369.75 - 06/30/2035 ----3,548,551.00 10/01/2035 2,910,000.00 3.035%343,369.75 3,253,369.75 - 04/01/2036 --299,207.50 299,207.50 - 06/30/2036 ----3,552,577.25 10/01/2036 3,000,000.00 3.104%299,207.50 3,299,207.50 - 04/01/2037 --252,649.50 252,649.50 - 06/30/2037 ----3,551,857.00 10/01/2037 3,095,000.00 3.171%252,649.50 3,347,649.50 - 04/01/2038 --203,584.00 203,584.00 - 06/30/2038 ----3,551,233.50 10/01/2038 3,195,000.00 3.236%203,584.00 3,398,584.00 - 04/01/2039 --151,891.75 151,891.75 - 06/30/2039 ----3,550,475.75 10/01/2039 3,295,000.00 2.920%151,891.75 3,446,891.75 - 04/01/2040 --103,792.75 103,792.75 - 06/30/2040 ----3,550,684.50 10/01/2040 3,395,000.00 2.981%103,792.75 3,498,792.75 - 04/01/2041 --53,182.75 53,182.75 - 06/30/2041 ----3,551,975.50 10/01/2041 3,495,000.00 3.043%53,182.75 3,548,182.75 - 06/30/2042 ----3,548,182.75 Total $53,640,000.00 -$18,166,570.00 $71,806,570.00 - Yield Statistics Bond Year Dollars $615,750.00 Average Life 11.479 Years Average Coupon 2.9503159% Net Interest Cost (NIC)2.3636613% True Interest Cost (TIC)2.2524970% Bond Yield for Arbitrage Purposes 2.1028374% All Inclusive Cost (AIC)2.2817455% IRS Form 8038 Net Interest Cost 2.1873941% Weighted Average Maturity 11.474 Years 2021AB Comb New Money | Issue Summary | 5/20/2021 | 10:12 AM Stifel Prepared by Stifel, Nicolaus & Company, Inc. (EJR)Page 2 Preliminary; subject to change. SALT LAKE CITY, UTAH $18,840,000 SALES AND EXCISE TAX REVENUE BONDS SERIES 2021A (September 16, 2021 ) ($22.49M New Money, 20-Years Level) Debt Service Schedule Date Principal Coupon Interest Total P+I Fiscal Total 09/16/2021 ----- 04/01/2022 --422,391.67 422,391.67 - 06/30/2022 ----422,391.67 10/01/2022 585,000.00 5.000%389,900.00 974,900.00 - 04/01/2023 --375,275.00 375,275.00 - 06/30/2023 ----1,350,175.00 10/01/2023 615,000.00 5.000%375,275.00 990,275.00 - 04/01/2024 --359,900.00 359,900.00 - 06/30/2024 ----1,350,175.00 10/01/2024 650,000.00 5.000%359,900.00 1,009,900.00 - 04/01/2025 --343,650.00 343,650.00 - 06/30/2025 ----1,353,550.00 10/01/2025 680,000.00 5.000%343,650.00 1,023,650.00 - 04/01/2026 --326,650.00 326,650.00 - 06/30/2026 ----1,350,300.00 10/01/2026 715,000.00 5.000%326,650.00 1,041,650.00 - 04/01/2027 --308,775.00 308,775.00 - 06/30/2027 ----1,350,425.00 10/01/2027 755,000.00 5.000%308,775.00 1,063,775.00 - 04/01/2028 --289,900.00 289,900.00 - 06/30/2028 ----1,353,675.00 10/01/2028 790,000.00 5.000%289,900.00 1,079,900.00 - 04/01/2029 --270,150.00 270,150.00 - 06/30/2029 ----1,350,050.00 10/01/2029 835,000.00 5.000%270,150.00 1,105,150.00 - 04/01/2030 --249,275.00 249,275.00 - 06/30/2030 ----1,354,425.00 10/01/2030 875,000.00 5.000%249,275.00 1,124,275.00 - 04/01/2031 --227,400.00 227,400.00 - 06/30/2031 ----1,351,675.00 10/01/2031 915,000.00 4.000%227,400.00 1,142,400.00 - 04/01/2032 --209,100.00 209,100.00 - 06/30/2032 ----1,351,500.00 10/01/2032 955,000.00 4.000%209,100.00 1,164,100.00 - 04/01/2033 --190,000.00 190,000.00 - 06/30/2033 ----1,354,100.00 10/01/2033 990,000.00 4.000%190,000.00 1,180,000.00 - 04/01/2034 --170,200.00 170,200.00 - 06/30/2034 ----1,350,200.00 10/01/2034 1,030,000.00 4.000%170,200.00 1,200,200.00 - 04/01/2035 --149,600.00 149,600.00 - 06/30/2035 ----1,349,800.00 10/01/2035 1,075,000.00 4.000%149,600.00 1,224,600.00 - 04/01/2036 --128,100.00 128,100.00 - 06/30/2036 ----1,352,700.00 10/01/2036 1,120,000.00 4.000%128,100.00 1,248,100.00 - 04/01/2037 --105,700.00 105,700.00 - 06/30/2037 ----1,353,800.00 10/01/2037 1,165,000.00 4.000%105,700.00 1,270,700.00 - 04/01/2038 --82,400.00 82,400.00 - 06/30/2038 ----1,353,100.00 10/01/2038 1,210,000.00 4.000%82,400.00 1,292,400.00 - 04/01/2039 --58,200.00 58,200.00 - 06/30/2039 ----1,350,600.00 10/01/2039 1,255,000.00 3.000%58,200.00 1,313,200.00 - 04/01/2040 --39,375.00 39,375.00 - 06/30/2040 ----1,352,575.00 10/01/2040 1,295,000.00 3.000%39,375.00 1,334,375.00 - 04/01/2041 --19,950.00 19,950.00 - 06/30/2041 ----1,354,325.00 10/01/2041 1,330,000.00 3.000%19,950.00 1,349,950.00 - 06/30/2042 ----1,349,950.00 Total $18,840,000.00 -$8,619,491.67 $27,459,491.67 - Yield Statistics Bond Year Dollars $225,240.00 Average Life 11.955 Years Average Coupon 3.8268033% Net Interest Cost (NIC)2.1805479% True Interest Cost (TIC)1.9544659% Bond Yield for Arbitrage Purposes 1.4430546% All Inclusive Cost (AIC)1.9803279% IRS Form 8038 Net Interest Cost 1.8125237% Weighted Average Maturity 11.864 Years 2021AB Comb New Money | 2021A TAX-EXEMPT | 5/20/2021 | 10:12 AM Stifel Prepared by Stifel, Nicolaus & Company, Inc. (EJR)Page 4 Preliminary; subject to change. SALT LAKE CITY, UTAH $34,800,000 TAXABLE SALES AND EXCISE TAX REVENUE BONDS SERIES 2021B (September 16, 2021 ) ($34.6M New Money, 20-Years Level) Debt Service Schedule Date Principal Coupon Interest Total P+I Fiscal Total 09/16/2021 ----- 04/01/2022 --381,274.83 381,274.83 - 06/30/2022 ----381,274.83 10/01/2022 1,495,000.00 0.260%351,946.00 1,846,946.00 - 04/01/2023 --350,002.50 350,002.50 - 06/30/2023 ----2,196,948.50 10/01/2023 1,500,000.00 0.310%350,002.50 1,850,002.50 - 04/01/2024 --347,677.50 347,677.50 - 06/30/2024 ----2,197,680.00 10/01/2024 1,505,000.00 0.560%347,677.50 1,852,677.50 - 04/01/2025 --343,463.50 343,463.50 - 06/30/2025 ----2,196,141.00 10/01/2025 1,520,000.00 0.950%343,463.50 1,863,463.50 - 04/01/2026 --336,243.50 336,243.50 - 06/30/2026 ----2,199,707.00 10/01/2026 1,535,000.00 1.200%336,243.50 1,871,243.50 - 04/01/2027 --327,033.50 327,033.50 - 06/30/2027 ----2,198,277.00 10/01/2027 1,555,000.00 1.500%327,033.50 1,882,033.50 - 04/01/2028 --315,371.00 315,371.00 - 06/30/2028 ----2,197,404.50 10/01/2028 1,580,000.00 1.700%315,371.00 1,895,371.00 - 04/01/2029 --301,941.00 301,941.00 - 06/30/2029 ----2,197,312.00 10/01/2029 1,610,000.00 1.870%301,941.00 1,911,941.00 - 04/01/2030 --286,887.50 286,887.50 - 06/30/2030 ----2,198,828.50 10/01/2030 1,640,000.00 1.970%286,887.50 1,926,887.50 - 04/01/2031 --270,733.50 270,733.50 - 06/30/2031 ----2,197,621.00 10/01/2031 1,675,000.00 2.070%270,733.50 1,945,733.50 - 04/01/2032 --253,397.25 253,397.25 - 06/30/2032 ----2,199,130.75 10/01/2032 1,710,000.00 2.170%253,397.25 1,963,397.25 - 04/01/2033 --234,843.75 234,843.75 - 06/30/2033 ----2,198,241.00 10/01/2033 1,750,000.00 2.270%234,843.75 1,984,843.75 - 04/01/2034 --214,981.25 214,981.25 - 06/30/2034 ----2,199,825.00 10/01/2034 1,790,000.00 2.370%214,981.25 2,004,981.25 - 04/01/2035 --193,769.75 193,769.75 - 06/30/2035 ----2,198,751.00 10/01/2035 1,835,000.00 2.470%193,769.75 2,028,769.75 - 04/01/2036 --171,107.50 171,107.50 - 06/30/2036 ----2,199,877.25 10/01/2036 1,880,000.00 2.570%171,107.50 2,051,107.50 - 04/01/2037 --146,949.50 146,949.50 - 06/30/2037 ----2,198,057.00 10/01/2037 1,930,000.00 2.670%146,949.50 2,076,949.50 - 04/01/2038 --121,184.00 121,184.00 - 06/30/2038 ----2,198,133.50 10/01/2038 1,985,000.00 2.770%121,184.00 2,106,184.00 - 04/01/2039 --93,691.75 93,691.75 - 06/30/2039 ----2,199,875.75 10/01/2039 2,040,000.00 2.870%93,691.75 2,133,691.75 - 04/01/2040 --64,417.75 64,417.75 - 06/30/2040 ----2,198,109.50 10/01/2040 2,100,000.00 2.970%64,417.75 2,164,417.75 - 04/01/2041 --33,232.75 33,232.75 - 06/30/2041 ----2,197,650.50 10/01/2041 2,165,000.00 3.070%33,232.75 2,198,232.75 - 06/30/2042 ----2,198,232.75 Total $34,800,000.00 -$9,547,078.33 $44,347,078.33 - Yield Statistics Bond Year Dollars $390,510.00 Average Life 11.222 Years Average Coupon 2.4447718% Net Interest Cost (NIC)2.4692782% True Interest Cost (TIC)2.4424344% Bond Yield for Arbitrage Purposes 2.4136979% All Inclusive Cost (AIC)2.4739105% IRS Form 8038 Net Interest Cost 2.4447718% Weighted Average Maturity 11.222 Years 2021AB Comb New Money | 2021B TAXABLE | 5/20/2021 | 10:12 AM Stifel Prepared by Stifel, Nicolaus & Company, Inc. (EJR)Page 7 Draft of 5/20/21 Delegating Bond Resolution (new money multiple projects) v3 8709966/RDB/mo RESOLUTION NO. __ OF 2021 A Resolution authorizing the issuance and the sale of not to exceed $58,000,000 aggregate principal amount of Sales and Excise Tax Revenue Bonds, in one or more series, on a taxable or tax-exempt basis, for the purpose of financing various City capital improvement projects; authorizing the execution and delivery of one or more supplemental trust indentures to secure said bonds; giving authority to certain officials and officers to approve the final terms and provisions of the bonds within the parameters set forth herein; authorizing the taking of all other actions necessary for the consummation of the transactions contemplated by this resolution; and related matters. *** *** *** WHEREAS, Salt Lake City, Utah (the “City”), is a duly organized and existing city of the first class, operating under the general laws of the State of Utah (the “State”); WHEREAS, the City considers it necessary and desirable and for the benefit of the City to issue its sales and excise tax revenue bonds, in one or more series, on a taxable or tax-exempt basis, as hereinafter provided for the purpose of (a) financing all or a portion of the cost of (i) acquiring, constructing and improving [various City parks, trails, historic structures, roads, streets, intersections and electrical facilities], as further described in the below defined Supplemental Indenture, and (ii) acquiring, constructing, improving and remodeling various other capital improvement program projects (collectively, the “Series 2021 Project”); (b) funding any necessary reserves and contingencies in connection with the Series 2021 Bonds (defined below) and (c) paying all related costs authorized by law pursuant to authority contained in the the Local Government Bonding Act, Chapter 14 of Title 11 (the “Act”), Utah Code Annotated 1953, as amended (the “Utah Code”), and other applicable provisions of law; WHEREAS, for the purposes set forth above, the City has determined (a) to issue its Sales and Excise Tax Revenue Bonds, in one or more series, in an aggregate principal amount not to exceed $58,000,000 (the “Series 2021 Bonds”) (subject to the further limitations outlined herein) pursuant to the Master Trust Indenture, dated as of September 1, 2004, as amended and supplemented to the date hereof (the “Master Indenture”), a copy of which is attached here as Exhibit A and one or more Supplemental Trust Indentures (the “Supplemental Indenture”), between the City and Zions Bancorporation, National Association, as trustee (the “Trustee”) (the Master Indenture and the Supplemental Indenture are sometimes collectively referred to hereinafter as the “Indenture”), and (b) to cause the proceeds of the sale of the Series 2021 Bonds to be applied in accordance with the Indenture; WHEREAS, the City is authorized by the Act to finance the Series 2021 Project, to enter into the Supplemental Indenture, and to issue the Series 2021 Bonds to finance all or a portion of the costs of financing the Series 2021 Project, to fund any necessary reserves, and to pay all related costs authorized by law; - 2 - Delegating Bond Resolution (new money multiple projects) WHEREAS, Section 11-14-316 of the Utah Code provides for the publication of a Notice of Bonds to be Issued (the “Notice of Bonds”) and the running of a 30-day contest period, and the City desires to cause the publication of such Notice of Bonds at this time in compliance with said section with respect to the Series 2021 Bonds; WHEREAS, Section 11-14-318 of the Utah Code requires that a public hearing be held to receive input from the public with respect to the issuance of the Series 2021 Bonds and the potential economic impact that the Series 2021 Project will have on the private sector and that notice of such public hearing be given as provided by law and, in satisfaction of such requirement, the City desires to publish a Notice of Public Hearing and Intent to Issue Sales and Excise Tax Revenue Bonds (the “Notice of Public Hearing”) pursuant to such Section; WHEREAS, Section 11-14-307(7) of the Utah Code requires the City to submit the question of whether or not to issue the Series 2021 Bonds to voters for their approval or rejection if, within 30 calendar days after the publication of the Notice of Public Hearing, a written petition requesting an election and signed by at least 20% of the registered voters in the City is filed with the City; and WHEREAS, in the opinion of the City, it is in the best interests of the City that (a) the Designated Officers (defined below) be authorized to approve the final terms and provisions relating to the Series 2021 Bonds and to execute the Certificate of Determination (defined below) containing such terms and provisions and to accept the offer of the underwriter for the Series 2021 Bonds (the “Underwriter”) for the purchase of the Series 2021 Bonds; and (b) the Mayor, the Deputy Mayor or the Mayor’s designee (the “Mayor”), be authorized to execute the Official Statement with respect to the Series 2021 Bonds, all as provided herein; NOW, THEREFORE, BE IT RESOLVED by the City Council of Salt Lake City, Utah, as follows: Section 1. Issuance of Bonds. (a) For the purposes set forth above, there is hereby authorized and directed the execution, issuance, sale and delivery of the Series 2021 Bonds in one or more series (with such adjustments to the series designation as are necessary), on a taxable or tax-exempt basis, in the aggregate principal amount not to exceed $58,000,000. The Series 2021 Bonds shall be dated as of the date of the initial delivery thereof. The Series 2021 Bonds shall be in authorized denominations, shall be payable, and shall be executed and delivered all as provided in the Indenture. The Series 2021 Bonds shall be subject to redemption prior to maturity as provided in the Indenture. (b) The form of the Series 2021 Bonds set forth in the form Supplemental Indenture, subject to appropriate insertions and revisions in order to comply with the provisions of the Indenture, is hereby approved. (c) The Series 2021 Bonds shall be special obligations of the City, payable from and secured by a pledge and assignment of the Revenues (as defined in the Indenture) received by the City and of certain other moneys held under the Indenture on a parity with any other Bonds (as defined in the Indenture) issued from time to time under the Master Indenture, including but not limited to the City’s (i) Sales Tax Revenue Bonds, Series 2012A, (ii) Sales Tax Revenue Bonds, - 3 - Delegating Bond Resolution (new money multiple projects) Series 2013B, (iii) Federally Taxable Sales and Excise Tax Revenue Refunding Bonds, Series 2014A, (iv) Sales and Excise Tax Revenue Bonds, Series 2014B, (v) Sales and Excise Tax Revenue Refunding Bonds, Series 2016A, (vi) Sales and Excise Tax Revenue Refunding Bonds, Series 2019A and (vii) Federally Taxable Sales and Excise Tax Revenue Refunding Bonds, Series 2019B. The Series 2021 Bonds shall not be obligations of the State or any other political subdivision thereof, other than the City, and neither the faith and credit nor the ad valorem taxing or appropriation power of the State or any political subdivision thereof, including the City, is pledged to the payment of the Series 2021 Bonds. The Series 2021 Bonds shall not constitute general obligations of the City or any other entity or body, municipal, state or otherwise. Section 2. Series 2021 Bond Details; Delegation of Authority. (a) The Series 2021 Bonds shall mature on October 1 (or such other dates as specified in the Certificate of Determination) of the years and in the principal amounts, and shall bear interest (calculated on the basis of a year of 360 days consisting of twelve 30-day months) from the Closing Date, payable semiannually on April 1 and October 1 (or such other dates as specified in the Certificate of Determination) of each year, and at the rates per annum and commencing on the dates, all as provided in that certain Certificate of Determination, a form of which is attached hereto as Exhibit C, of the Designated Officers (defined below) delivered pursuant to this Section 2, setting forth certain terms and provisions of the Series 2021 Bonds (the “Certificate of Determination”). (b) There is hereby delegated to the Designated Officers, subject to the limitations contained in this resolution, the power to determine and effectuate the following with respect to the Series 2021 Bonds and the Designated Officers are hereby authorized to make such determinations and effectuations: (i) the principal amount of each series of the Series 2021 Bonds necessary to accomplish the purpose of the Series 2021 Bonds set forth in the recitals hereto and the aggregate principal amount of each series of the Series 2021 Bonds to be executed and delivered pursuant to the Indenture; provided that the aggregate principal amount of the Series 2021 Bonds shall not exceed Fifty-eight Million Dollars ($58,000,000); (ii) the maturity date or dates and principal amount of each maturity of the Series 2021 Bonds to be issued; provided, however, that the Series 2021 Bonds mature over a period of not to exceed twenty-two (22) years from their date or dates; (iii) the interest rate or rates, which may be taxable or tax-exempt rates, of the Series 2021 Bonds and the date on which payment of such interest commences, provided, however, that the interest rate or rates to be borne by any Series 2021 Bond shall not exceed __________ percent (____%) per annum; (iv) the sale of the Series 2021 Bonds and the purchase price to be paid by the Underwriter of such Series 2021 Bonds; provided, however, that the discount from par of each series of the Series 2021 Bonds shall not exceed two percent (2.00%) (expressed as a percentage of the principal amount); - 4 - Delegating Bond Resolution (new money multiple projects) (v) the Series 2021 Bonds, if any, to be retired from mandatory sinking fund redemption payments and the dates and the amounts thereof; (vi) the time and redemption price, if any, at which the Series 2021 Bonds may be called for redemption prior to their maturity at the option of the City; provided, however, the first optional redemption date shall not be later than ten and a half years from the date of delivery of the Series 2021 Bonds; (vii) the amount of reserves necessary to be maintained in connection with each series of the Series 2021 Bonds, if any; (viii) the use and deposit of the proceeds of the Series 2021 Bonds; and (ix) any other provisions deemed advisable by the Designated Officers not materially in conflict with the provisions of this resolution. For purposes of this resolution and the Series 2021 Bonds, “Designated Officers” means (a) the (i) Mayor of the City; or (ii) in the event of the absence or incapacity of the Mayor, the Mayor’s Chief of Staff; or (iii) in the event of the absence or incapacity of both the Mayor and the Mayor’s Chief of Staff, the City Treasurer; or (iv) in the event of the absence or incapacity of the Mayor, the Mayor’s Chief of Staff and the City Treasurer, the Deputy Treasurer of the City and (b) (i) the Chair of the City Council; or (ii) in the event of the absence or incapacity of the Chair of the City Council, the Vice Chair of the City Council; or (iii) in the event of the absence or incapacity of both the Chair and Vice Chair of the City Council, any other member of the City Council. Following the sale of the Series 2021 Bonds, the Designated Officers shall obtain such information as they deem necessary to make such determinations as provided above and shall make such determinations as provided above and shall execute the Certificate of Determination containing such terms and provisions of such series of the Series 2021 Bonds, which execution shall be conclusive evidence of the action or determination of the Designated Officers as to the matters stated therein. The provisions of the Certificate of Determination shall be deemed to be incorporated into this Section 2. Section 3. Approval and Execution of the Supplemental Indenture. One or more Supplemental Indentures, in substantially the form of the Thirteenth Supplemental Trust Indenture attached hereto as Exhibit B, is hereby authorized and approved, and the Mayor is hereby authorized, empowered and directed to execute and deliver each Supplemental Indenture on behalf of the City, and the City Recorder or any Deputy City Recorder is hereby authorized, empowered and directed to affix to each Supplemental Indenture the seal of the City and to attest such seal and countersign each such Supplemental Indenture, with such changes to each Supplemental Indenture from the form attached hereto as are approved by the Mayor, her execution thereof to constitute conclusive evidence of such approval. The provisions of each Supplemental Indenture, as executed and delivered, are hereby incorporated in and made a part of this resolution. The Master Indenture and the Supplemental Indenture shall constitute a “system of registration” for all purposes of the Registered Public Obligations Act of Utah. - 5 - Delegating Bond Resolution (new money multiple projects) Section 4. Final Official Statement. A final Official Statement of the City in substantially the form of the Preliminary Official Statement presented at this meeting and in the form attached hereto as Exhibit D, is hereby authorized with such changes, omissions, insertions and revisions as the Mayor shall deem advisable, including the completion thereof with the information established at the time of the sale of any Series 2021 Bonds by the Designated Officers and set forth in the Certificate of Determination. The Mayor shall sign and deliver a final Official Statement for distribution to prospective purchasers of each series of the Series 2021 Bonds and other interested persons. The approval of the Mayor of any such changes, omissions, insertions and revisions shall be conclusively established by the Mayor’s execution of such final Official Statement. Section 5. Preliminary Official Statement to be Deemed Final. The use and distribution of a Preliminary Official Statement, in substantially the form presented at this meeting and in the form attached hereto as Exhibit D, is hereby authorized and approved, with such changes, omissions, insertions and revisions as the Mayor and the City Treasurer, or the Deputy Treasurer of the City (the “City Treasurer”), shall deem advisable. The Mayor and the City Treasurer are, and each of them is, hereby authorized to do or perform all such acts and to execute all such certificates, documents and other instruments as may be necessary or advisable to provide for the issuance, sale and delivery of any Series 2021 Bonds and to deem final each Preliminary Official Statement within the meaning and for purposes of paragraph (b)(1) of Rule 15c2-12 of the Securities and Exchange Commission, subject to completion thereof with the information established at the time of the sale of any Series 2021 Bonds. Section 6. Other Certificates and Documents Required to Evidence Compliance with Federal Tax and Securities Laws. Each of the Mayor, the City Recorder or any Deputy City Recorder and the City Treasurer is hereby authorized and directed to execute (a) such certificates and documents as are required to evidence compliance with the federal laws relating to the tax- exempt status of interest on any Series 2021 Bonds and (b) a Continuing Disclosure Agreement, in substantially the form attached hereto as Exhibit E, and such other certificates and documents as shall be necessary to comply with the requirements of Rule 15c2-12 of the Securities and Exchange Commission and other applicable federal securities laws. Section 7. Other Actions With Respect to the Series 2021 Bonds. The officers and employees of the City shall take all action necessary or reasonably required to carry out, give effect to, and consummate the transactions contemplated hereby and shall take all action necessary in conformity with the Act to carry out the issuance of the Series 2021 Bonds, including, without limitation, the execution and delivery of any closing and other documents required to be delivered in connection with the sale and delivery of the Series 2021 Bonds. If (a) the Mayor, (b) the City Recorder or (c) the City Treasurer shall be unavailable or unable to execute or attest and countersign, respectively, the Series 2021 Bonds or the other documents that they are hereby authorized to execute, attest and countersign, the same may be executed, or attested and countersigned, respectively, (i) by the Chief of Staff, (ii) by any Deputy City Recorder or (iii) by the Deputy Treasurer of the City. Without limiting the generality of the foregoing, the officers and employees of the City are authorized and directed to take such action as shall be necessary and appropriate to issue the Series 2021 Bonds. - 6 - Delegating Bond Resolution (new money multiple projects) Section 8. Notice of Bonds to be Issued; Contest Period. In accordance with the provisions of Section 11-14-316 of the Utah Code, the City Recorder or any Deputy City Recorder shall cause the Notice of Bonds, in substantially the form attached hereto as Exhibit F, to be published one time in The Salt Lake Tribune, a newspaper published and of general circulation within the City. For a period of thirty (30) days from and after publication of the Notice of Bonds, any person in interest shall have the right to contest the legality of this resolution (including the Supplemental Indenture attached hereto) or the Series 2021 Bonds hereby authorized or any provisions made for the security and payment of the Series 2021 Bonds. After such time, no one shall have any cause of action to contest the regularity, formality or legality of this resolution (including the Supplemental Indenture) or the Series 2021 Bonds or any provisions made for the security and payment of the Series 2021 Bonds for any cause. Section 9. Public Hearing. In satisfaction of the requirements of Section 11-14-318 of the Act, a public hearing shall be held by the Council on Tuesday, August 17, 2021, during the Council meeting which begins at 7:00 p.m., which, as determined by the Council Chair, shall be held either virtually, at the regular meeting place of the Council in the Council Chambers, Room 315 in the City and County Building, 451 South State Street, in Salt Lake City, Utah, or any combination thereof, to receive input from the public with respect to the issuance by the City of the Bonds and the potential economic impact that the Series 2021 Project will have on the private sector. Section 10. Publication of Notice of Public Hearing. The City Recorder or any Deputy City Recorder (the “City Recorder”) shall publish or cause to be published the Notice of Public Hearing on the Utah Public Notice Website, created under Section 63F-1-701 of the Utah Code, no less than 14 days before the public hearing. The Notice of Public Hearing shall be in substantially the form attached hereto as Exhibit H. Section 11. Form of Petition. The form of the petition to be used by registered voters in requesting that an election be called to authorize the Series 2021 Bonds shall be in substantially the form attached hereto as Exhibit I. Section 12. Issuance of Bonds After Thirty-Day Period. In accordance with the provisions of Section 11-14-307(7) of the Act, if within thirty days after the publication of the Notice of Public Hearing by posting on the Utah Public Notice Website, a petition or petitions, in the form specified by Section 11 hereof, are filed with the City Recorder, signed by not less than twenty percent (20%) of the registered voters of the City (as certified by the County Clerk of Salt Lake County) requesting that an election be called to authorize the Series 2021 Bonds, then the Council shall proceed to call and hold an election on the Series 2021 Bonds. If such election is held and a majority of the registered voters of the City voting thereon approve the Series 2021 Bonds, then, in accordance with the provisions of the Act, the City shall thereupon be authorized to issue the Series 2021 Bonds. If no petition is filed within the thirty-day period after the date of the final publication of such notice, or if it is determined that the number of signatures on the petitions filed within the thirty-day period after the date of the final publication of such notice is less than the required number, the City shall proceed to issue the the Series 2021 Bonds. - 7 - Delegating Bond Resolution (new money multiple projects) Section 13. Sale of the Series 2021 Bonds; Purchase Contract. The Series 2021 Bonds authorized to be issued herein are hereby authorized to be sold and delivered to the Underwriter, upon the terms and conditions set forth in the Purchase Contract. The Mayor is hereby authorized, empowered and directed to execute and deliver the Purchase Contract on behalf of the City in substantially the form attached hereto as Exhibit G, with such changes therein from the form attached hereto as are approved by the Mayor, her execution thereof to constitute conclusive evidence of such approval. The City Recorder or any Deputy City Recorder is hereby authorized, empowered and directed to affix to the Purchase Contract the seal of the City and to attest such seal and countersign the Purchase Contract. Section 14. City Recorder to Perform Certain Acts. The City Recorder is hereby directed to maintain a copy of this Resolution (together with all exhibits hereto), a copy of the Master Indenture and the form of the Supplemental Indenture on file in the City Recorder’s office (or the City Recorder’s temporary office, as applicable) during regular business hours 1 for public examination by registered voters of the City and other interested persons until at least thirty (30) days from and after the date of publication of the Notice of Bonds and upon request to supply copies of the form of petition specified in Section 11 hereof. Section 15. Prior Acts Ratified, Approved and Confirmed. All acts of the officers and employees of the City in connection with the issuance of the Series 2021 Bonds are hereby ratified, approved and confirmed. Section 16. Resolution Irrepealable. Following the execution and delivery of a Supplemental Indenture, this resolution shall be and remain irrepealable until all of the Series 2021 Bonds and the interest thereon shall have been fully paid, cancelled, and discharged. Section 17. Severability. If any section, paragraph, clause, or provision of this resolution shall for any reason be held to be invalid or unenforceable, the invalidity or unenforceability of such section, paragraph, clause, or provision shall not affect any of the remaining provisions of this resolution. Section 18. Effective Date. This resolution shall be effective immediately upon its approval and adoption. (Signature page follows.) 1 Appointments are encouraged as the temporary office is not occupied during business hours due to the COVID-19 pandemic. - 8 - Delegating Bond Resolution (new money multiple projects) ADOPTED AND APPROVED by the City Council of Salt Lake City, Utah, this 13th day of July 2021. SALT LAKE CITY, UTAH _______________________________________ Chair Salt Lake City Council ATTEST: ____________________________________ City Recorder [SEAL] APPROVED: By ____________________________________ Mayor APPROVED AS TO FORM: By ____________________________________ Senior City Attorney A-1 Delegating Bond Resolution (new money multiple projects) EXHIBIT A [ATTACH COPY OF MASTER TRUST INDENTURE] B-1 Delegating Bond Resolution (new money multiple projects) EXHIBIT B [ATTACH FORM OF THIRTEENTH SUPPLEMENTAL TRUST INDENTURE] C-1 Delegating Bond Resolution (new money multiple projects) EXHIBIT C [ATTACH FORM OF CERTIFICATE OF DETERMINATION] D-1 Delegating Bond Resolution (new money multiple projects) EXHIBIT D [ATTACH FORM OF PRELIMINARY OFFICIAL STATEMENT] E-1 Delegating Bond Resolution (new money multiple projects) EXHIBIT E [ATTACH FORM OF CONTINUING DISCLOSURE AGREEMENT] F-1 Delegating Bond Resolution (new money multiple projects) EXHIBIT F NOTICE OF BONDS TO BE ISSUED NOTICE IS HEREBY GIVEN pursuant to the provisions of Section 11-14-316, Utah Code Annotated 1953, as amended, that on July 13, 2021, the City Council (the “Council”) of Salt Lake City, Utah (the “City”), adopted a resolution (the “Resolution”) in which it authorized and approved the issuance of its sales and excise tax revenue bonds in one or more series, on a taxable or tax-exempt basis (collectively, the “Bonds”), in an aggregate principal amount of not to exceed $58,000,000, to bear interest at a rate or rates of not to exceed ____% per annum and to mature not later than 22 years from their date or dates and to be sold at a discount from par not to exceed 2.00%. The Bonds shall be subject to such optional and mandatory redemption and other provisions as are contained in the Master Trust Indenture, described below, and the final form of the Bonds and a Supplemental Trust Indenture, described below. Pursuant to the Resolution, the Bonds are to be issued for the purpose of paying all or part of the cost of (a) (i) acquiring, constructing and improving [various City parks, trails, historic structures, roads, streets, intersections and electrical facilities] and (ii) acquiring, constructing, improving and remodeling various other capital improvement program projects; (b) funding any necessary reserves and contingencies in connection with the Bonds and (c) paying all related costs authorized by law. The Bonds are to be issued and sold by the City pursuant to the Resolution, including as part of the Resolution a draft, in substantially final form, of a Supplemental Trust Indenture, and a copy of the Master Trust Indenture, dated as of September 1, 2004, as heretofor amended and supplemented (the “Master Indenture”), between the City and Zions Bancorporation, National Association, a trustee, that were before the Council and attached to the Resolution at the time of the adoption of the Resolution. The City will cause one or more Supplemental Trust Indentures to be executed and delivered in such form and with such changes thereto as certain designated officers of the City shall approve, provided that the principal amount, interest rate or rates, maturity and discount, if any, will not exceed the respective maximums described above. The repayment of the Bonds will be secured by a pledge of the legally available revenues from: (a) Local Sales and Use Taxes received by the City pursuant to Title 59, Chapter 12, Part 2, Utah Code (currently levied and collected pursuant to Chapter 3.04 of the Salt Lake City Code); (b) Municipal Energy Sales and Use Taxes received by the City pursuant to Title 10, Chapter 1, Part 3, Utah Code (currently levied and collected pursuant to Chapter 3.06 of the Salt Lake City Code); (c) the franchise fees for energy and utilities received by the City pursuant to Title 10, Chapter 1, Part 3, Utah Code (currently levied and collected pursuant to Chapter 3.06 of Salt Lake City Code); (d) the Municipal Telecommunications License Tax revenues received by the City pursuant to Title 10, Chapter 1, Part 4, Utah Code (currently levied and collected pursuant to Chapter 3.10 of Salt Lake City Code); (e) the franchise fees associated with public utilities received by the City pursuant to Title 10, Chapter 1, Part 3, Utah Code (currently levied and collected pursuant to Chapter 17.16.070 of Salt Lake City Code); and (f) the franchise fees associated with cable television received by the City pursuant to Salt Lake City Code Chapter 5.20 (collectively, the “Pledged Taxes”). F-2 Delegating Bond Resolution (new money multiple projects) The City currently has $102,490,000 par amount of bonds or notes currently outstanding that are secured by the Pledged Taxes. More detailed information relating to the City’s outstanding bonds can be found in the City’s most recent Comprehensive Annual Financial Report that is available on the Office of the Utah State Auditor’s website (www.sao.state.ut.us). Assuming a final maturity for the Bonds of approximately 21 years from the date hereof and that the Bonds are issued in an aggregate principal amount of $__________ and are held until maturity, based on the City’s currently expected financing structure and interest rates in effect around the time of publication of this notice, the estimated total cost to the City of the proposed Bonds is $__________. A copy of the Resolution (including the draft of the Supplemental Trust Indenture and a copy of the Master Indenture attached to the Resolution) may be examined by appointment at the temporary office of the City Recorder located at Plaza 349, 349 South 200 East in Salt Lake City, Utah, during regular business hours from 8:00 a.m. to 5:00 p.m. To schedule an appointment please call (801) 535-7671. Additionally, a protected, pdf copy of the Resolution may be requested by sending an email to the City Recorder at SLCRecorder@slcgov.com. The Resolution shall be so available for inspection for a period of at least thirty (30) days from and after the date of the publication of this notice. NOTICE IS FURTHER GIVEN that pursuant to law for a period of thirty (30) days from and after the date of the publication of this notice, any person in interest shall have the right to contest the legality of the Resolution (including the Supplemental Trust Indenture attached thereto) of the City or the Bonds authorized thereby or any provisions made for the security and payment of the Bonds. After such time, no one shall have any cause of action to contest the regularity, formality or legality of the Resolution, the Bonds or the provisions for their security or payment for any cause. DATED this 13th day of July, 2021. SALT LAKE CITY, UTAH By ____________________________________ City Recorder [SEAL] G-1 Delegating Bond Resolution (new money multiple projects) EXHIBIT G [ATTACH FORM OF PURCHASE CONTRACT] H-1 Delegating Bond Resolution (new money multiple projects) EXHIBIT H SALT LAKE CITY, UTAH NOTICE OF PUBLIC HEARING AND INTENT TO ISSUE SALES AND EXCISE TAX REVENUE BONDS PUBLIC NOTICE IS HEREBY GIVEN that on July 13, 2021, the City Council (the “Council”) of Salt Lake City, Utah (the “City”), adopted a resolution (the “Resolution”), calling for a public hearing to receive input from the public with respect to the issuance of its Sales and Excise Tax Revenue Bonds (the “Bonds”) to finance all or a portion of the cost of acquiring, constructing and improving [various City parks, trails, historic structures, roads, streets, intersections and electrical facilities] and acquiring, constructing, improving and remodeling various other capital improvement program projects (collectively, the “Project”) and the potential economic impact that the Project will have on the private sector, pursuant to the Local Government Bonding Act, Title 11, Chapter 14, Utah Code Annotated 1953, as amended (the “Act”). PURPOSE FOR ISSUING BONDS The City intends to issue the Bonds for the purpose of (1) financing all or a portion of the costs of the Project, (2) funding any necessary reserves and contingencies in connection with the Bonds, and (3) paying the costs incurred in connection with the issuance and sale of the Bonds. MAXIMUM PRINCIPAL AMOUNT OF THE BONDS The City intends to issue the Bonds in an aggregate principal amount not exceeding Fifty- eight Million Dollars ($58,000,000) to finance the Project. The Bonds may be issued with other Sales and Excise Tax Revenue Bonds being issued for other purposes so the principal amount may exceed the amount listed above to finance the costs of the Project. SALES TAXES PROPOSED TO BE PLEDGED The City proposes to pledge to the payment of the Bonds all of the legally available revenues from: (a) Local Sales and Use Taxes received by the City pursuant to Title 59, Chapter 12, Part 2, Utah Code (currently levied and collected pursuant to Chapter 3.04 of the Salt Lake City Code); (b) Municipal Energy Sales and Use Taxes received by the City pursuant to Title 10, Chapter 1, Part 3, Utah Code (currently levied and collected pursuant to Chapter 3.06 of the Salt Lake City Code); (c) the franchise fees for energy and utilities received by the City pursuant to Title 10, Chapter 1, Part 3, Utah Code (currently levied and collected pursuant to Chapter 3.06 of Salt Lake City Code); (d) the Municipal Telecommunications License Tax revenues received by the City pursuant to Title 10, Chapter 1, Part 4, Utah Code (currently levied and collected pursuant to Chapter 3.10 of Salt Lake City Code); (e) the franchise fees associated with public utilities received by the City pursuant to Title 10, Chapter 1, Part 3, Utah Code (currently levied and collected pursuant to Chapter 17.16.070 of Salt Lake City Code); and (f) the franchise fees associated with cable television received by the City pursuant to Salt Lake City Code Chapter 5.20. H-2 Delegating Bond Resolution (new money multiple projects) TIME, PLACE AND LOCATION OF PUBLIC HEARING The City will hold a public hearing during its City Council meeting which begins at 7:00 p.m. on August 17, 2021. The public hearing will be held either virtually, at the regular meeting place of the Council in the Council Chambers, Room 315 in the City and County Building, 451 South State Street, in Salt Lake City, Utah, or any combination thereof, as determined by the Chair of the City Council. All members of the public are invited to attend and participate in the public hearing in the manner that will be described in the agenda for the meeting. Written comments may be submitted to the City, to the attention of the City Recorder, prior to the public hearing. PURPOSE FOR HEARING The purpose of the hearing is to receive input from the public with respect to the issuance of the Bonds and the potential economic impact that the Project will have on the private sector. NOTICE OF RIGHT TO FILE PETITION TO HOLD AN ELECTION NOTICE IS FURTHER GIVEN that pursuant to Section 11-14-307(7), Utah Code, if within 30 calendar days of the publication of this notice on July __, 2021, by posting on the Utah Public Notice Website, a written petition requesting an election and signed by at least twenty percent (20%) of the registered voters of the City is filed with the City, then the City shall submit the question of whether or not to issue the Bonds to the voters of the City for their approval or rejection. If no written petition is filed or if fewer than 20% of the registered voters of the City sign a written petition, in either case, within 30 calendar days of the posting of this notice on July __, 2021, the City may proceed to issue the Bonds without an election. SALT LAKE CITY, UTAH By ____________________________________ City Recorder I-1 Delegating Bond Resolution (new money multiple projects) EXHIBIT I PETITION To: City Recorder Salt Lake City, Utah We, the undersigned citizens and registered voters of Salt Lake City, Utah, respectfully request that an election be called by the City Council of Salt Lake City, Utah, pursuant to the provisions of Section 11-14-307(7), Utah Code Annotated 1953, as amended, to authorize the issuance by Salt Lake City, Utah, of its Sales and Excise Tax Revenue Bonds, in a maximum principal amount not exceeding $58,000,000, as to which notice of intention to issue was published on July __, 2021, by posting on the Utah Public Notice Website, pursuant to the provisions of a resolution passed by the City Council of Salt Lake City, Utah, at a regular meeting of the City Council held on July 13, 2021, and each for himself or herself says: I have personally signed this petition; I am a registered voter of Salt Lake City, Utah; my residence and post office address are correctly written after my name: I-2 Delegating Bond Resolution (new money multiple projects) WARNING It is a felony for any one to sign any initiative or referendum petition with any other name than one’s own, or knowingly to sign one’s name more than once for the same measure, or to sign such petition when one knows that he or she is not a registered voter. REGISTERED VOTER’S PRINTED NAME (MUST BE LEGIBLE TO BE COUNTED) SIGNATURE OF REGISTERED VOTER STREET ADDRESS, CITY, STATE, ZIP CODE [The following certification shall appear on the reverse side of each page [attached to the Petition containing the signature of voters] I-3 Delegating Bond Resolution (new money multiple projects) STATE OF UTAH ) : ss. COUNTY OF SALT LAKE ) I, _________________________, of _____________________, hereby certify that I am a registered voter of Salt Lake City, Salt Lake County, Utah, that all the names which appear on this sheet were signed by persons who professed to be the persons whose names appear thereon, and each of them signed his or her name thereto in my presence, I believe that each has printed and signed his or her name, and written his or her post office address and residence correctly, and that each signer is a registered voter of Salt Lake City, Salt Lake County, Utah. Subscribed and sworn to before me this _____ day of __________, 2021. Notary Public (or other official title) Signature: Email:Garrett.Danielson@slcgov.com ATTACHMENT 2 – Description for $3.4 Million Investment in Westside Parks (was not included in Attachment 1 transmittal) The $3.4 million listed in the bond proposal for Westside Parks will cover robust community engagement, park design and construction of new improvements to Modesto, Poplar Grove and Jackson Parks. Utilizing this funding for the Westside Parks is consistent with Strategy W-1 of the Reimagine Nature Public Lands Master Plan which states “Neighborhood parks are designed and programmed to highlight the unique natural, historical, cultural and economic identity of the surrounding area and community in which they are located.” The policies that support this major strategy which will be included in the project scope include data collection on park use and engagement, engaging the surrounding community in the visioning of public spaces with particular emphasis on fostering engagement with under- represented groups, and enhancing community pride and placemaking characteristics within the parks. The overarching purpose of the funding is to create high-quality experiences within these parks. As defined by the Urban Land Institutei, high-quality parks are in excellent physical condition, are accessible to all potential users, provide positive experiences and are relevant to the communities they serve, and are flexible to changing circumstances. These are all standards that will be sustained in the development of this project. Based on these qualities, the specific goals for the Westside Parks project are as follows: Improve west side parks so that they are in excellent physical condition. Evaluate the condition of all assets to determine replacement or rehabilitation needs. Improve circulation in the park and access to the park so that it is accessible to all potential users. Create a circulation network in the park to encourage walking and improve access to park amenities and the neighborhood. Collaborate with the community to identify multiple uses and opportunities to a wide variety of users. This may include new passive recreation areas or new active recreation options. Include placemaking elements that are relevant to the communities they serve and accurately reflect the community character. This might include public art, interpretive signage or the development of special use or gathering areas. Improve the climate resilience of the landscape by reducing the amount of underutilized turf and replace it with a regionally appropriate and biodiverse planting composition and potential accompanying irrigation. Include more shade trees and pollinator gardens. Funding will specifically go towards hiring of a consultant for comprehensive public engagement and design, and a contractor for construction of the project. Project scope will be developed with public input and may need to be phased based on costs and funding capacity. $1.2 Million will make a significant and noticeable difference in the City’s wayfinding signage. There will always be a need to add, change or modify existing signage. $1,200,000: $300,000 Community engagement, consultant Services (planning and design), permits, engineering project management and fees, project contingency and other soft costs Approximately $120,000 will be allocated for consultant services, master planning and design, to develop a wayfinding best practices document and plan. This plan will build on the recently completed SLC Public Lands Signage Guidelines. The wayfinding plan will create an easy to replicate approach for identifying key locations for wayfinding signage and appropriate sign type. This document will provide guidance on immediate implementation as well as planning for future additions to the wayfinding system. The goal of the project is to connect people to the green space resources in the city including public lands and other public resources like libraries and recreation centers. $900,000 Construction Budget Approximately $900,000 is allocated for wayfinding signage construction and installation. Signage will include, but not be limited to, wayfinding, directional, and naming signs to be installed across all districts. 2020 costs for signs range from $2,250 to $5,000. Using an average sign cost of $3,500, an estimated 250 (approximately 35 + signs per council district) will be installed as part of this project. The estimated number of signs installed as part of this project are based on historic costs, actual numbers may differ, due to unforeseen future cost increases. This project will make a substantial improvement to the city wayfinding system that is an ongoing effort as we continue to add to the public amenities in our City environment. American Rescue Plan Act (ARPA) BUDGET UPDATE Learn more about funds spent at www.tinyurl.com/SLCBudgetFY21 AUGUST 17, 2021 Balancing Our Priorities Funds Spent by Department DEADLINE TO SPEND ONE-TIME ARPA FUNDS: DECEMBER 2024 Some ARPA-Eligible Spending Options As suggested/asked by Council Members 1 Policy Questions How much should we reserve for FY23? Should we use ARPA for CIP/Bond to preserve bond capacity/fund balance? How do we balance one-time projects with ongoing people and program expenses? What are our unmet community needs? What have we heard from the community? *When will we revisit the $1.5 million holding account from 10 ARPA-ineligible administration funding requests? 1 2 3 4 5 6 3 FY23 Estimated Funding Needs $36 million Ongoing expenses on employees & programs (e.g. police salaries, YouthCity, 10 new FTEs) and larger revenue loss replacement **Could be funded using other sources; final amount TBD 2 General Fund Balance Reimbursement $3 million $1 million for small business loans $2 million for low-income senior and veteran housing Capital Improvement Program (CIP) $6+ million Improve outdoor spaces $500,000 to repair the Annex Building (Odyssey House application #3) Improve drainage on streets 4 Sales Tax Bond $5.2 million Improve outdoor spaces Holding account* (1.9%) $1,583,500 FY23 estimated funding needs** (42.1%) $36,000,000 Financial Overview $85,411,572 $22,555,258 Total funds Funds spent (26.4%)Funds remaining (71.7%) 50.7% Revenue Replacement (General Fund) 37.7% Police (Ocer existing salaries) Apprenticeship Program (Multiple Departments) Community & Neighborhoods Economic Development Finance Fire 4.4% 4% 1.5% 0.9% 0.8% $61,272,814 Remainder (29.6%) $25,272,814 Revenue Replacement for the General Fund Police Ocer Salary Increases Apprenticeship Program Youth & Family COVID-19 Programming Continuation Economic Development Sta (2 New FTEs) Medical Response Team Expansion (4 New FTEs funded for 6 Months) ARPA Grant Administrator (1 New FTE Sunsets with ARPA Funding) ARPA Grant Manager (1 New FTE Sunsets with ARPA Funding) Community & Neighborhoods Special Projects Assistant (1 New FTE) Youth & Family Community & Program Manager (1 New FTE) Economic Development Strategic Plan Medical Response Team Equipment for Expansion Total ARPA Funds Spent 98.7% spent on ongoing expenses 4% spent on 10 New FTEs $11,432,646 $8,507,318 $1,000,000 $711,350 $290,000 $136,762 $101,020 $95,000 $93,829 $90,633 $50,000 $46,700 $22,555,258 $22,262,538 $807,244 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 11 12 13 Arts Council Sta (3 FTEs), Operational Costs TBD Associate Planners (3 FTEs) Forest Preservation & Growth (1 FTE), Operational Costs TBD Small Business Construction Mitigation Pilot Program Transportation Right of Way Utilization Manager (1 FTE) Business & Cultural Districts (1 FTE) Forest Preservation & Growth Program Equipment & Supplies (one-time) Business Analyst (1 FTE) Tech Lake City American Express Card Merchant Fees Holding Account 78% of holding account proposed for 10 FTEs and merchant fees (ongoing expenses) $350,000 $235,000 $219,000 $200,000 $160,000 $150,000 $95,000 $89,500 $45,000 $40,000 $1,583,500 $1,243,500 ARPA-Funded Projects Holding Account Proposals 650 North Bridge Replacement (partially ARPA eligible) Damaged from March 2020 earthquake. The Administration applied to UDOT for replacement funding. 200 South Reconstruction and Transit Complete Streets (15% eligible) For drainage, curb, and gutter. 9-Line Asphalt Pump Track Jordan Park Pedestrian Pathways (100% eligible) Odyssey House (100% eligible) Three Creeks West Bank Trailway (100% eligible) Street Improvements (15% eligible) For drainage, curb, and gutter. Total estimated cost - $3 million. Poplar Grove Sportcourt (100% eligible) 900 South Reconstruction and Signal Improvements For drainage, curb, and gutter. Three Creeks West Bank New Park (100% eligible) Downtown Green Loop (partially eligible) All of project may not be entirely eligible in a qualified census tract West Side Neighborhood Parks (partially eligible) TBD until more details are available. Public Lands Multilingual Wayfinding Signage (partially eligible) TBD until more details are available. ARPA-Eligible CIP & Bond Projects CIP Bond $5,600,000 $1,800,000 $615,777 $510,000 $500,000 $484,146 $450,000 $433,333 $375,000 $150,736 $4,000,000 $1,200,000 $16,118,992 $10,918,992 $5,200,000 ARPA-Eligible CIP & Bond Projects = ongoing expense CI P Bo n d Attachment 4 - Qualified Census Tracts for 2021 from HUD ATTACHMENT 5 – Capital Facilities Plan (CFP) Council Requests from January 2019 1.Policy Goals and Metrics – Council Members requested high-level cost estimates for the City to implement the below policy goals as well as any metrics. The Administration was invited to recommend policy goals to the Council. Three cost estimates are included based on prior discussions but may not represent the best currently available information. The table is intended for discussion purposes and does not represent a comprehensive list of policy goals for Council consideration. Potential Policy Goals Potential Metrics High-level Cost Estimate Bring all facilities out of deferred maintenance Appropriations vs. funding need identified in Public Services’ Facilities Dashboard that tracks each asset $6.8 million annually or $68 million over ten years Expand the City's urban trail network with an emphasis on East-West connections Total paved/unpaved network miles; number and funding for improved trail features; percentage of 9-Line completed $21 million for 9- Line implementation Increase the overall condition index of the City's street network from poor to fair Overall Condition Index (OCI); pavement condition survey every five years $133 million cost estimate (in addition to existing funding level) Implement the Foothill Trails Master Plan Distance of improved trails completed; number and funding for improved trailheads $TBD Advance the City's sustainability goals through building energy efficiency upgrades Energy savings; carbon emission reductions $TBD Focus on renewal and maintenance projects over creating new assets Number, funding level and ratio of renewed assets vs. new assets $TBD 2.Project Location Mapping – Council Members requested a map of all CFP projects. The idea of multiple maps based on dollar value was discussed such as $50,000 - $999,999, $1 million - $5 million, and over $5 million. 3.Measure CFP to CIP Alignment – Council Members expressed support for annually measuring the alignment of how many CIP Funding Log projects were previously listed in the CFP and how many CIP projects receiving appropriations were previously listed in the CFP. A high alignment would indicate the CFP is successfully identifying the City’s capital needs. 4.Council Adoption of CFP – The question arose if the Council should adopt the CFP each year with the annual budget or potentially in the summer when reviewing project specific funding. Does the Administration have a preference? CITY COUNCIL OF SALT LAKE CITY 451 SOUTH STATE STREET, ROOM 304 P.O. BOX 145476, SALT LAKE CITY, UTAH 84114-5476 SLCCOUNCIL.COM TEL 801-535-7600 FAX 801-535-7651 COUNCIL STAFF MEMO CITY COUNCIL of SALT LAKE CITY TO:City Council Members FROM: Allison Rowland Budget & Policy Analyst DATE:September 14, 2021 RE: INFORMATIONAL: INITIAL DISCUSSION OF LEGISLATIVE INTENTS FOR FISCAL YEAR 2021-22 On Sept 14, the Council will have the first of three planned work session briefings on Fiscal Year 2022 (FY22) Legislative Intents. Legislative Intents are the Council’s formal requests to the Administration and they are adopted as part of the annual budget. This first discussion, which is typically held in September (see Attachment C1), is envisioned as an informal “post-budget discussion” with relevant department heads and the Mayor’s Office. The briefing is designed as an opportunity for the Mayor’s Office and department leaders to provide preliminary information and feedback on the intents, including how any might be refined according to a department’s previous experience. Because the purpose of this discussion is to clarify the Council’s requests, the Council may make any desired editing changes to the Legislative Intents for this purpose. As a reminder, this briefing is not the time to “solve” an issue, or to engage in an in-depth discussion. The idea is to provide feedback to the Administration, so that they can plan their work on the Legislative Intents most efficiently. For example: -A department may explain their ideas for how specific a legislative intent could be refined; -The department may share relevant information about requested items; or -If a particular item has been addressed in the months since the budget was adopted, the Council could indicate that the intent has been completed and no further Administration action is needed. The list of FY22 Legislative Intents appears in Attachment C2. The goal of the briefing is to modify any Legislative Intents as needed now that the pressure of the budget season has passed, and to facilitate the Administration’s work on these requests before the next briefing, which is planned for March. Council staff will follow up with the Administration and provide a response to Council Members on anything that will require some time to research. Page | 2 The second and third briefings include both FY22 and previous years’ Legislative Intents. They are more formal discussions, based on written descriptions of progress from relevant departments. The responses for the second briefing are transmitted to the Council in January or February, and for the third briefing they are transmitted as part of the Mayor’s Recommended Budget. ATTACHMENTS Attachment C1. Annual Schedule for Review of Legislative Intents Attachment C2. FY22 Legislative Intents Attachment C1. Annual Schedule for Review of Legislative Intents Briefing #1: Post-budget discussion Transmittal: August Work Session: September Purpose: o Q & A with department representatives o Workshop to refine the legislative intents o Receive information from the departments – what’s been tried and/or whether they would like to propose a better approach, etc. o Early status information, first-round thoughts, feedback Briefing #2: Mid-year status update –Timed to coincide with BA 3 or 4 Transmittal: January - February Work Session: March Purpose: o Briefing from Department representatives o Mid-year update on progress made, department response, impact to budget if any, etc. o This is not expected to be a 100% complete report or close-out, but rather a mid- term update Briefing #3: Combined with annual budget report Transmittal: No separate transmittal; information and updates included or apparent in annual budget information Work Session: Intents would be discussed as part of department annual budget briefings Purpose: o Continue tracking legislative intents and close out as applicable o Refine status and next steps for the coming fiscal year Exceptions: Some items may have a separate timeline identified and those will be considered separately. Attachment C2. Fiscal Year 2022 Legislative Intents, as Adopted a.Update Boarded-Building Fee. It is the intent of the Council that the Administration propose a boarded building fee that includes the full City costs of monitoring and responding by Police, Fire and other City departments at these properties. b.Trips-to-Transit Expansion Evaluation. It is the intent of the Council that the Administration provide their strategy for evaluating whether to expand the Trips-to-Transit program, which will begin to serve Westside neighborhoods in late 2021, to other areas of the City. c.Golf Fund Update. It is the intent of the Council that the Administration provide information on the following items in anticipation of a work session briefing to review and discuss options for the Golf Fund. (Note: this item consolidates Legislative Intents from FY21, FY20, and FY19.) o Golf Fund Financial Sustainability: Trends in revenues, expenditures, o Long-term CIP Plans. Based on current projections and the recently-completed short-term CIP plan, o Golf Food and Beverage Options. A review of the specific open space zoning ordinances, with the goal of removing barriers to providing additional food and beverage options in golf courses. To the extent that barriers exist in State law the Council requests an analysis of those, and that changing them be identified as a future legislative priority. d.Expanded Funding Our Future Definition. It is the intent of the Council that the definition of “public safety” for allocation of Funding Our Future revenue include not only the Police Department, Fire Department, and 911 Dispatch, but also any social workers and non-emergency traffic enforcement programs which are designed to expand the City’s public safety alternative response model. (Note: The current definition included Fire and 911 Dispatch since FY2020.) e.Public Lands Maintenance. It is the intent of the Council that the Administration provide an estimate of the funding that would be needed to adequately maintain all of the City's public lands. This estimate should include the number of FTEs, as well as supplies, equipment, and appropriate signage. FY22 RDA Legislative Intents f.Energy Efficiency as a Condition of any RDA Project Loans and Investments. It is the intent of the Council/Board that all RDA project loans and investments require certain energy efficiency standards be met as a condition of funding by January 1, 2022. Staff note: The Council/Board may wish to designate specific energy efficiency or sustainability standards, such as those set out by LEED and other accrediting organizations. (See examples at https://www.epa.gov/smartgrowth/green-building-standards.) g.Structure of Accounts within RDA, including Fund Balances and Previous Capital Projects. It is the intent of the Council/Board to review the full structure of RDA accounts with RDA and Finance Staff, including fund balances and capital projects funded in previous years. The Board may wish to discuss with the RDA and Finance staff the best way to get this information on a real-time basis. Staff note: The City’s Enterprise Resource Planning (ERP) effort will help in tracking/providing this information in a less labor-intensive way, although the horizon for full implementation could be a year or longer. Item E1 CITY COUNCIL OF SALT LAKE CITY 451 SOUTH STATE STREET, ROOM 304 P.O. BOX 145476, SALT LAKE CITY, UTAH 84114-5476 SLCCOUNCIL.COM TEL 801-535-7600 FAX 801-535-7651 MOTION SHEET CITY COUNCIL of SALT LAKE CITY TO:City Council Members DATE:September 14, 2021 RE: Resolution: Local Emergency Declaration re: Covid MOTION 1 (Adopt) I move that the City Council adopt a resolution extending the Declaration of Local Emergency related to Covid 19. MOTION 2 (Not Adopt) I move that the City Council NOT adopt a resolution extending the Declaration of Local Emergency related to Covid 19. RESOLUTION NO. ____ OF 2021 Extension of Declaration of Local Emergency: COVID-19 WHEREAS, under Utah Code 53-2a-208, the chief executive of a municipality may declare a local emergency, which local emergency may remain in effect for up to 30 days. WHEREAS, under Utah Code 53-2a-208(6), any extension of the local emergency beyond the initial 30 days must be with the consent of the governing body of the municipality. WHEREAS, on August 20, 2021, Salt Lake City Mayor Erin Mendenhall issued a Declaration of Local Emergency and Exercise of Emergency Powers No. B of 2021 in response to the resurgence of the highly transmissible Delta variant of the COVID-19 virus in Salt Lake City (“Proclamation B of 2021”). WHEREAS, based on the rising cases of the Delta variant of COVID-19, the increase of hospitalizations and ICU utilization in the State related to COVID-19, and the high transmissibility of the Delta variant, the City Council has determined that extending the duration of the local emergency is in the best interest of the health, safety, and welfare of Salt Lake City’s residents. NOW THEREFORE, BE IT RESOLVED by the City Council of Salt Lake City, Utah, the following: 1. The Council approves the extension of Proclamation B of 2021 from the date of this Resolution until _________, 2021, unless later extended or terminated by subsequent resolution of the Council or unless terminated pursuant to State law. 2. Prior to the issuance of any proclamation exercising emergency powers under Proclamation B of 2021, the Mayor shall provide written notification to the Council of: (a) the specific powers the Mayor intends to exercise; (b) the justification for exercising such powers in connection with the local emergency; and (c) the anticipated effect of the exercise of such powers, including the anticipated cost or lost revenue to the City. 3. At any Council meeting while the local emergency is still in effect, the Council may seek additional information from the Mayor, including the actual effect of the exercise of any emergency powers and the actual costs or lost revenue to the City due to such exercise of powers. 4. This Resolution shall be effective immediately upon passage. Passed by the City Council of Salt Lake City, Utah this 14th day of September, 2021. SALT LAKE CITY COUNCIL ___________________________________ Amy Fowler, Chair ATTEST AND COUNTERSIGN: ________________________ Cindy Lou Trishman, City Recorder Approved as to form: Salt Lake City Attorney’s Office __________________________ Katherine Lewis, City Attorney 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 City CouncilJames Rogers 09/14/2021 4 4 4 4 advice of legal counsel Rogers James (Sep 14, 2021 20:43 MDT)Sep 14, 2021 9/14/21 City Council Closed Session - Sworn Statement Final Audit Report 2021-09-15 Created:2021-09-15 By:Thais Stewart (thais.stewart@slcgov.com) Status:Signed Transaction ID:CBJCHBCAABAAzRvJNyOcdokPZ4VI0AwYK7LiuNTNxTTR "9/14/21 City Council Closed Session - Sworn Statement" Histor y Document created by Thais Stewart (thais.stewart@slcgov.com) 2021-09-15 - 2:33:30 AM GMT- IP address: 204.124.13.222 Document emailed to Rogers James (james.rogers@slcgov.com) for signature 2021-09-15 - 2:35:02 AM GMT Email viewed by Rogers James (james.rogers@slcgov.com) 2021-09-15 - 2:43:27 AM GMT- IP address: 174.242.233.210 Document e-signed by Rogers James (james.rogers@slcgov.com) Signature Date: 2021-09-15 - 2:43:56 AM GMT - Time Source: server- IP address: 174.242.233.210 Agreement completed. 2021-09-15 - 2:43:56 AM GMT