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11/14/2023 - Meeting Materials
Board of Directors of the
REDEVELOPMENT AGENCY OF
SALT LAKE CITY
AGENDA
November 14, 2023 Tuesday 2:00 PM
Council Chambers
451 South State Street, Room 315
Salt Lake City, UT 84111
SLCRDA.com
In accordance with State Statute and City Ordinance, the meeting may be held electronically. After 5:00
p.m., please enter the City & County Building through the main east entrance.
This is a discussion among RDA Board Directors and select presenters. The public is welcome to listen,
unless otherwise specified as a public comment period. Items scheduled may be moved and / or discussed
during a different portion of the Meeting based on circumstance or availability of speakers. Item start
times and durations are approximate and are subject to change at the Chair’s discretion.
Generated: 16:26:18
Comments:A.
1.General Comments to the Board ~2:00 p.m.
5 min
The RDA Board of Directors will receive public comments regarding Redevelopment
Agency business in the following formats:
1.Written comments submitted to RDA offices, 451 South State Street, Suite 118, P.O.
Box 145455, Salt Lake City, UT. 84114-5455.
2.Comments to the RDA Board of Directors. (Comments are taken on any item not
scheduled for a public Hearing, as well as on any other RDA Business. Comments
are limited to two minutes.)
B.Public Hearing - individuals may speak to the Board once per public hearing
topic for two minutes, however written comments are always accepted:
1.Resolution: RDA Budget Amendment No.1 for Fiscal Year 2023-24 -
-
The Board will accept public comment about a resolution that would amend the final
budget of the Redevelopment Agency of Salt Lake City for Fiscal Year 2023-24. Budget
amendments happen several times each year to reflect adjustments in the
Redevelopment Agency’s budget, including proposed project additions and
modifications, and staffing changes. The amendment includes a single housekeeping item
to transfer funds to a City grant account for improved tracking and compliance reporting.
The use of the funds for affordable housing remains the same. There is a corresponding
item in the City’s General Fund Budget Amendment No 2.
C.Redevelopment Agency Business - The RDA Board of Directors will receive
information and/or hold discussions and/or take action on:
1.Approval of Minutes ~ 2:05 p.m.
5 min.
The Board will approve the meeting minutes of May 9, 2023; September 12, 2023; and
October 10, 2023.
2.Resolution: RDA Budget Amendment No.1 for Fiscal Year 2023-
24 ~ 2:10 p.m.
5 min.
The Board will receive a briefing about and consider adopting a resolution that would
amend the final budget of the Redevelopment Agency of Salt Lake City for Fiscal Year
2023-24. Budget amendments happen several times each year to reflect adjustments in
the Redevelopment Agency’s budget, including proposed project additions and
modifications, and staffing changes. The amendment includes a single housekeeping
item to transfer funds to a City grant account for improved tracking and compliance
reporting. The use of the funds for affordable housing remains the same. There is a
corresponding item in the City’s General Fund Budget Amendment No 2.
3.Informational: High Opportunity Areas: Proposed Map Update ~ 2:15 p.m.
20 min.
The Board will receive a briefing about a proposed update to how high opportunity areas
are identified using new criteria, updated Census data, and prioritizing economic status
variables like unemployment and poverty rates. In 2017, the Board appropriated $4.5
million for affordable housing developments in high opportunity areas of which $2.7
million remains available.
4.Informational: 900 South and 200 West Housing and Transit
Reinvestment Zone (HTRZ) Update and Intermodal Hub HTRZ
Creation
~ 2:35
p.m.
20 min.
The Board will receive a briefing about an HTRZ application submitted to the State
Committee for review/approval that is centered around the 900 South and 200 West
TRAX Stop, an upcoming HTRZ application for the intermodal transit hub at
approximately 600 West and 300 South, and next steps for both applications. The
briefing will also include state law requirements, city objectives, and RDA policies related
to HTRZs.
5.Report and Announcements from the Executive Director TENTATIVE
5 min.
Report of the Executive Director, including a review of information items,
announcements, and scheduling items. The Board of Directors may give feedback or
policy input.
6.Report and Announcements from RDA Staff TENTATIVE
5 min.
The Board may review Board information and announcements. The Board may give
feedback on any item related to City business, including but not limited to:
•Project Updates;
•Program Updates; and
•Scheduling Items.
7.Report of the Chair and Vice Chair TENTATIVE
5 min.
Report of the Chair and Vice Chair.
D.Written Briefings – the following briefings are informational in nature and
require no action of the Board. Additional information can be provided to the
Board upon request:
1.Informational: Redevelopment Agency Semi-Annual
Property Report Written Briefing
-
The Board will receive a written briefing of all Tier 1 and Tier 2 properties owned by the
RDA, as per the Land Disposition Policy. The November 2023 report includes the
description, address, parcel ID, size, zoning and tier category of each property. In
addition, the report details approximate acquisition date, current category of disposition,
interim use and proposed permanent use for each property.
E.Consent – the following items are listed for consideration by the Board and can be
discussed individually upon request. A motion to approve the consent agenda is
approving all of the following items:
NONE.
F.Tentative Closed Session
The Board will consider a motion to enter into Closed Session. A closed meeting described
under Section 52-4-205 may be held for specific purposes including, but not limited to:
1.discussion of the character, professional competence, or physical or mental health of
an individual;
2.strategy sessions to discuss pending or reasonably imminent litigation;
3.strategy sessions to discuss the purchase, exchange, or lease of real property:
(i)disclose the appraisal or estimated value of the property under consideration; or
(ii)prevent the public body from completing the transaction on the best possible
terms;
4.strategy sessions to discuss the sale of real property, including any form of a water
right or water shares, if:
(i)public discussion of the transaction would:
(A)disclose the appraisal or estimated value of the property under
consideration; or
(B)prevent the public body from completing the transaction on the best possible
terms;
Adjournment
(ii)the public body previously gave public notice that the property would be offered
for sale; and<
(iii)the terms of the sale are publicly disclosed before the public body approves the
sale
5.discussion regarding deployment of security personnel, devices, or systems; and
6.investigative proceedings regarding allegations of criminal misconduct.
A closed meeting may also be held for attorney-client matters that are privileged pursuant to
Utah Code § 78B-1-137, and for other lawful purposes that satisfy the pertinent requirements of
the Utah Open and Public Meetings Act.
G.
CERTIFICATE OF POSTING
On or before 5:00 p.m. on Thursday, November 9, 2023, the undersigned, duly appointed City
Recorder, does hereby certify that the above notice and agenda was (1) posted on the Utah Public
Notice Website created under Utah Code Section 63F-1-701, and (2) a copy of the foregoing provided
to The Salt Lake Tribune and/or the Deseret News and to a local media correspondent and any
others who have indicated interest.
CINDY LOU TRISHMAN
SALT LAKE CITY RECORDER
Final action may be taken in relation to any topic listed on the agenda, including but
not limited to adoption, rejection, amendment, addition of conditions and variations
of options discussed.
The City & County Building is an accessible facility. People with disabilities may make requests for
reasonable accommodation, which may include alternate formats, interpreters, and other auxiliary
aids and services. Please make requests at least two business days in advance. To make a request,
please contact the City Council Office at council.comments@slcgov.com, 801-535-7600, or relay
service 711.
Item B2
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:Board Members
FROM: Ben Luedtke
Senior Analyst
DATE:November 14, 2023
RE: Redevelopment Agency (RDA) Budget Amendment Number One FY2024
MOTION 1 – CLOSE PUBLIC HEARING
I move that the Board close the public hearing.
MOTION 2 – CONTINUE PUBLIC HEARING
I move that the Board continue the public hearing to a future date.
MOTION 3 – CLOSE PUBLIC HEARING AND ADOPT ITEM
I move that the Board close the public hearing and adopt a resolution amending the Fiscal Year 2024
final budget of the Redevelopment Agency only for the item shown on the motion sheet.
Staff note: Council Members do not need to read the individual item being approved below; it is listed
for reference. This is a housekeeping change. The use of the funds will remain the same as part of the
RDA’s upcoming Notice of Funding Availability for housing development.
D-1: Transfer Dormant HOME Program Income Funds from RDA Housing Back to Misc Grants Fund
($6,476,014 – One-time)
MOTION 4 – CLOSE PUBLIC HEARING AND NOT ADOPT
I move that the Board close the public hearing and proceed to the next agenda item.
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
RDA BOARD TRANSMITTAL
___________________________________ Date Received: ________________
Mayor Erin Mendenhall, Executive Director Date sent to Council: ___________
______________________________________________________________________________
TO: Salt Lake City RDA Board DATE: September 25, 2023
Alejandro Puy, RDA Chair
FROM: Mary Beth Thompson, Chief Financial Officer
Danny Walz, RDA Director
SUBJECT: RDA Budget Amendment #1, FY 2023-24
SPONSOR: NA
STAFF CONTACT: Greg Cleary, Budget Director (801) 535-6394 or
Mary Beth Thompson (801) 535-6403 or
Mike Burns (801) 565-6461 or
Danny Walz (801) 535-7209
DOCUMENT TYPE: Budget Amendment Resolution
RECOMMENDATION: The Administration recommends that subsequent to a public hearing,
the RDA Board adopt the following amendment to the FY 2023-24 adopted budget.
BUDGET IMPACT:
REVENUE EXPENSE
RDA FUND $ .00 $ 6,476,014.00
TOTAL $ .00 $ 6,476,014.00
Erin Mendenhall (Sep 25, 2023 13:20 MDT)09/25/2023
09/25/2023
EXECUTIVE SUMMARY:
The purpose of the first amendment (“amendment”) is to align the RDA budget with the City’s
second Budget Amendment, which reallocates $6,476,014 from the Agency’s Housing
Development Fund to the City’s Miscellaneous Grants Fund. This amendment is administrative
in nature and is being proposed for accounting and financial tracking purposes.
In the Fiscal Year 2024 budget, the Board transferred $6,476,014 in Dormant HOME Program
Income Funds initially allocated to the Community and Neighborhoods Department to
the Agency's Housing Development Fund. This allocation is intended to be incorporated into the
annual housing Notice of Funding Availability (NOFA) by the Agency. However, due to the
specific reporting obligations associated with these Funds, the City's Finance Department is
suggesting a transfer of these funds to the Miscellaneous Grants Fund.
A summary spreadsheet document, outlining the proposed budget change is attached
(Attachment B). The Administration requests this document be modified based on the decisions
of the Board. The budget amendment contains one item in section D – Housekeeping Items:
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
ATTACHMENTS:
A. Resolution
B. Budget Amendment #1 Summary Spreadsheet
C. RDA Staff Memo
PUBLIC PROCESS: Public Hearing
1
REDEVELOPMENT AGENCY OF SALT LAKE CITY
RESOLUTION NO__________
First Budget Amendment for Fiscal Year 2023-2024
RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY
OF SALT LAKE CITY AMENDING THE FINAL BUDGET OF THE RDA FOR FISCAL
YEAR 2023-2024.
WHEREAS, on June 13, 2023, the Redevelopment Agency (RDA) Board of Directors
(Board) adopted the final budget of the RDA, effective for the fiscal year beginning July 1, 2023,
and ending June 30, 2024, in accordance with the requirements of Section 17C-1-601.5 of the Utah
Code.
WHEREAS, on May 2, 2023, the Board approved a resolution adopting the tentative final
budget, while reserving consideration of other proposed amendments until a later date.
WHEREAS, all conditions precedent to amend the RDA's final annual budget have been
accomplished.
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the
Redevelopment Agency of Salt Lake City:
1. Purpose. The purpose of this resolution is to amend the final annual budget of the
RDA, as approved, ratified and finalized by the Board on June 13, 2023.
2. Adoption of Amendments. The budget amendments shown on Exhibit A as “Board
Approved” are hereby adopted and incorporated into the annual budget of the RDA.
3. Filing of copies of the Budget Amendments. The Salt Lake City Finance
Department, on behalf of the RDA, is authorized and directed to certify and file a copy of said
budget amendments in the office of the Finance Department, the RDA, and the office of the City
Recorder, which amendments shall be available for public inspection.
Passed by the Board of Directors of the Redevelopment Agency of Salt Lake City, Utah,
this day of , 2023, to be effective upon adoption.
________________________________
Alejandro Puy, Chair
Approved as to form: __________________________________
Salt Lake City Attorney’s Office
Allison Parks
2
The Executive Director:
____ does not request reconsideration
____ requests reconsideration at the next regular Agency meeting.
_________________________________
Erin Mendenhall, Executive Director
Attest:
_________________________
City Recorder
3
EXHIBIT A TO RESOLUTION
[Attach Board’s Final Approved Budget Amendment]
Initiative Number/Name Project Area Revenue Amount
Expenditure
Amount
Revenue
Amount
Expenditure
Amount
Ongoing or One-
time FTEs
1 RDA Housing Funds Transfer to Misc Grants Housing Dev Fund - 6,476,014.00 One-time -
-
Total of Budget Amendment Items - 6,476,014.00 - -
Total by Fund, Budget Amendment #1:
Redevelopment Agency RDA - 6,476,014.00 - - -
Total of Budget Amendment Items - 6,476,014.00 - - -
Fiscal Year 2023-24 RDA Budget Amendment #1
Section G: Board Consent Agenda -- Grant Awards
Section I: Board Added Items
Section A: New Items
Section B: Grants for Existing Staff Resources
Section C: Grants for New Staff Resources
Section D: Housekeeping
Section E: Grants Requiring No New Staff Resources
Section F: Donations
Board ApprovedAdministration Proposed
1
Initiative Number/Name Project Area Revenue Amount
Expenditure
Amount
Revenue
Amount
Expenditure
Amount
Ongoing or One-
time FTEs
Fiscal Year 2023-24 RDA Budget Amendment #1
Board ApprovedAdministration Proposed
Current Year Budget Summary, provided for information only
FY 2023-24 Budget, Including Budget Amendments
FY 2023-24
Adopted Budget RDA BA #1 Total Total To-Date
Redevelopment Agency 80,803,841 6,476,014 - 87,279,855
Total of Budget Amendment Items 80,803,841 6,476,014 87,279,855
Certification
Budget Manager
Deputy Director, City Council/RDA Board
Contingent Appropriation and Notes
2
REDEVELOPMENT AGENCY of SALT LAKE CITY
SALT LAKE CITY CORPORATION
451 SOUTH STATE STREET, ROOM 118 WWW.SLC.GOV · WWW.SLCRDA.COM
P.O. BOX 145518, SALT LAKE CITY, UTAH 84114-5518 TEL 801-535-7240 · FAX 801-535-7245
MAYOR ERIN MENDENHALL
Executive Director
DANNY WALZ
Director
STAFF MEMO
DATE: September 22, 2023
PREPARED BY: Erin Cunningham, Financial Analyst
RE: RDA Budget Amendment #1, FY 2023-2024
REQUESTED ACTION: Discussion and approval of Budget Amendment #1
BUDGET IMPACTS: The First Amendment reduces the Agency’s Housing Development Fund by
approximately $6.4 million.
EXECUTIVE SUMMARY: The purpose of this amendment is to align with the City's Second Budget
Amendment, which reallocates $6,476,014 from the Agency's Housing Development Fund to the City's
Miscellaneous Grants Fund.
ANALYSIS & ISSUES: In the Fiscal Year 2024 budget, the Board transferred $6,476,014 in Dormant
HOME Program Income Funds initially allocated in the to Community and Neighborhoods Department to
the Agency's Housing Development Fund. This allocation is intended to be incorporated into the annual
housing Notice of Funding Availability (NOFA) by the Agency. However, due to the specific reporting
obligations associated with these Funds, the City's Finance Department is suggesting a transfer of these
funds to the Miscellaneous Grants Fund.
PREVIOUS BOARD ACTION:
1. Approval of the Fiscal Year 2023-2024 Budget.
ATTACHMENTS: N/A
PENDING MINUTES – NOT APPROVED
The Board of Directors of the Redevelopment Agency (RDA) of Salt Lake City met on Tuesday,
September 12, 2023.
The following Board Members were present:
Ana Valdemoros, Victoria Petro, Daniel Dugan, Chris Wharton, Alejandro Puy, Darin Mano,
Sarah Young
Present Agency Leadership:
Danny Walz – Director, Cara Lindsley – Deputy Director
Present City Staff:
Katherine Lewis – City Attorney, Cindy Lou Trishman – City Recorder, Stephanie Elliott –
Minutes & Records Clerk, Thais Stewart – Deputy City Recorder , Taylor Hill – Constituent
Liaison/Policy Analyst, Scott Corpany – Staff Assistant, Corinne Piazza – Senior RDA Project
Manager
Director Chair Alejandro Puy presided at and conducted the meeting.
The meeting was called to order at 2:02 pm
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, September 12, 2023
1
Comments:A.
1.General Comments to the Board ~2:00 p.m.
5 min
The RDA Board of Directors will receive public comments regarding Redevelopment
Agency business in the following formats:
1.Written comments submitted to RDA offices, 451 South State Street, Suite 118, P.O.
Box 145455, Salt Lake City, UT. 84114-5455.
2.Comments to the RDA Board of Directors. (Comments are taken on any item not
scheduled for a public Hearing, as well as on any other RDA Business. Comments
are limited to two minutes.)
No Public Comment.
B.Public Hearing - individuals may speak to the Board once per public hearing
topic for two minutes, however written comments are always accepted:
NONE.
C.Redevelopment Agency Business - The RDA Board of Directors will receive
information and/or hold discussions and/or take action on:
1.Approval of Minutes ~2:05 p.m.
5 min.
The Board will approve the meeting minutes of June 6, 2023; June 13, 2023; and August
15, 2023.
Motion:
Moved by Director Dugan, seconded by Director Valdemoros to approve
meeting minutes of June 6, 2023; June 13, 2023; and August 15, 2023.
AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Chris Wharton, Alejandro Puy,
Darin Mano, Sarah Young
Final Result: 7 – 0 Pass
2.Informational: Station Center Vision and Implementation Plan
Progress Update ~ 2:10 p.m.
45 min.
The Board will receive a progress update about the Station Center Vision and
Implementation Plan. Station Center is located in the Depot District Project Area
between 500 to 600 West and 200 to 400 South. The RDA owns properties in the study
area, including 11 acres in Station Center and an additional four acres near 600 West and
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, September 12, 2023
2
100 South. Station Center is envisioned to have new streets, parks, and open spaces,
taller building heights, and a mix of land uses. The study is evaluating the creation of a
governance entity to guide development, programming, and other long-term needs of the
area.
Danny Walz introduced Ashley Ogden and Marc Asnis (Project Manager at
Perkins & Will Architecture and Planning).
Marc Asnis gave the following updates on the progress of the Station Center Vision and
Implementation Plan:
•Snapshot presentation of where the plan was currently at
•Salt Lake City Design Framework and the vision of future development at Station
Center
•Establishing compact blocks to create easier access
•Restoring the site for all living things such as tree canopies and native planting
•Enabling a sustainable mobility network by prioritizing public, bicycle, and
pedestrian transit
•Championing the Green Loop (Urban Trail) with play areas, dog runs, gardens, and
other amenities for the public to enjoy
•Activating the festival street and creating a flexible street to accommodate other
outdoor events on 300 South
•Ensuring functional roadways integrating shared ride and car accessibility but
maintaining parking for private vehicles
•Curating public places of culture, arts, and performance and creating a larger arts
campus for the public
•Changing the current zoning to allow maximum height in new and existing
construction
•Conserving water such as an underground water basin and harvesting stormwater
•Harnessing solar power and implementing renewable energy sources in the area
Imran Aukhil (Principal at HR&A Advisors) presented the following information
regarding governance on the project:
•Framework of governance and how it would be implemented into the new center
•Benefits of governance: attracting users, target tenants, brand management, and
support entitlements
•Successes of governance across the nation in St. Louis and Boston
•Governance Timeline
◦Pre – Startup (years 1-2)
◦Startup (years 3-4)
◦Stabilization (years 5 and beyond)
•Contracting for local food programming and more
•Helping attract ground-level retail tenants
•Activating and managing open spaces
•Facilitating district parking strategy and arts program partnerships
Director Member Dugan expressed concern with this project and said it overshadowed
other developments and requested collaboration with the Rio Grande Project.
Director Wharton and Director Petro requested the 1.5% arts funds be reevaluated and
increased and wanted to see funds invested in Festival Street.
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, September 12, 2023
3
Director Valdemoros requested more family-oriented plans to make the Station Center
an inviting place and asked about the Public Market proposal progress.
Director Petro stated that in order for the RDA to use public trust and funding, the
Council needed the utmost clarity on the proposal and plans.
Directors stated the following concerns with the Governance Proposal:
•Creating a new entity and government to handle the new project area
•Governing power being removed from the Council
•Overlap of identified spaces for specific uses – needing more clarification on
intended uses
•Vast work and fund scope of the projects being proposed
•Where the funding would come from – current and future costs
•Where the sustainability of this project would come from including staffing and
funding needs
3.Informational: Proposed Housing and Transit Reinvestment
Zone Tax Increment Reimbursement Policy
~ 2:55
p.m.
20 min.
The Board will receive a briefing about the proposed Housing and Transit Reinvestment
Zone (HTRZ) Tax Increment Reimbursement Program Policy. This policy will guide the
disbursement of tax increment in HTRZs. Tax increment reimbursement allows for a
portion of the property tax generated by a development to be returned to the developer
over a fixed period of time.
Danny Walz and Corrine Piazza presented the following information regarding the
Housing and Transit Reinvestment Zone (HTRZ) Tax Increment Reimbursement Policy
Proposal:
•Tax Increments (TI) allowed for a portion of property tax generated by a
development to be reimbursed back to the developer over time – post performance
based
•Direct payments that did not need to be paid back – post performance based
•Objectives:
◦Development of mixed-use, affordable housing
◦Increased utilization of public transit
◦Creating criteria thresholds
•Maximum Reimbursement Rate:
◦90% of TI received by the RDA
•Maximum reimbursement term of 15 or 25 years – based on a project’s eligible
costs, public benefits, and demonstrated financial need
•Next steps:
◦Adoption of the formal policy once the draft had been considered
◦Interlocal agreement between Salt Lake City and the RDA to ensure
distribution of TI was consistent with all HTRZ policies and acts
◦The Board to consider a draft policy for non-HTRZ project areas
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, September 12, 2023
4
DirectorPuy and Petro stated concerns about the proposal but supported the area
becoming an HTRZ.
Director Valdemoros asked about the housing thresholds and wanted clarification on the
homeowner opportunities and projects located in the HTRZ.
4.Resolution: Amendment to Terms for Loan to Ville 1659, LLC, and
Additional Funding Conditions
~ 3:15
p.m.
20 min.
The Board will be briefed about, and will consider approving a resolution that would
modify the terms and include additional funding conditions for the Housing
Development Loan Program (HDLP) loan to Ville 1659 project, located at 1659 West
North Temple. The proposed modifications include a balloon repayment with a three-
year term versus the originally approved cash flow repayment with a 40-year term.
Item pulled from Agenda
5.Informational: RDA Exploration Trip Update ~ 3:35 p.m.
15 min.
Board Members and RDA staff will discuss key takeaways from the Board's recent trip to
Pittsburgh to learn from their Urban Redevelopment Authority.
Danny Walz gave the following updates:
•Pittsburg was a great area to research and explore
•Ideas and processes were found to be implemented in Salt Lake
•Takeaways from the trip;
◦Prioritizing minority and women-owned businesses
◦Federal and private financing options
◦Concentration on smaller areas for specific projects, instead of larger plans
◦Need for more technical support
Directors thanked Staff for all the work to make the trip a useful experience and
expressed excitement for redevelopment ideas in Salt Lake City.
6.Report and Announcements from the Executive Director TENTATIVE
5 min.
Report of the Executive Director, including a review of information items,
announcements, and scheduling items. The Board of Directors may give feedback or
policy input.
No Report from the Executive Director.
7.Report and Announcements from RDA Staff TENTATIVE
5 min.
The Board may review Board information and announcements. The Board may give
feedback on any item related to City business, including but not limited to:
•Project Updates; and
•Scheduling Items.
Danny Walz gave the following updates:
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, September 12, 2023
5
•Accessory Dwelling Unit (ADU) program applications closed mid-September 2023
•Public outreach opportunities
◦Ballpark public survey engagement project
◦City Creek Daylight contract
8.Report of the Chair and Vice Chair TENTATIVE
5 min.
Report of the Chair and Vice Chair.
No Report from the Chair or Vice Chair.
D.Written Briefings – the following briefings are informational in nature and
require no action of the Board. Additional information can be provided to the
Board upon request:
NONE.
E.Consent – the following items are listed for consideration by the Board and can be
discussed individually upon request. A motion to approve the consent agenda is
approving all of the following items:
NONE.
F.Tentative Closed Session
The Board will consider a motion to enter into Closed Session. A closed meeting described
under Section 52-4-205 may be held for specific purposes including, but not limited to:
1.discussion of the character, professional competence, or physical or mental health of
an individual;
2.strategy sessions to discuss pending or reasonably imminent litigation;
3.strategy sessions to discuss the purchase, exchange, or lease of real property:
(i)disclose the appraisal or estimated value of the property under consideration; or
(ii)prevent the public body from completing the transaction on the best possible
terms;
4.strategy sessions to discuss the sale of real property, including any form of a water
right or water shares, if:
(i)public discussion of the transaction would:
(A)disclose the appraisal or estimated value of the property under
consideration; or
(B)prevent the public body from completing the transaction on the best possible
terms;
(ii)the public body previously gave public notice that the property would be offered
for sale; and<
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, September 12, 2023
6
Adjournment
(iii)the terms of the sale are publicly disclosed before the public body approves the
sale
5.discussion regarding deployment of security personnel, devices, or systems; and
6.investigative proceedings regarding allegations of criminal misconduct.
A closed meeting may also be held for attorney-client matters that are privileged pursuant to
Utah Code § 78B-1-137, and for other lawful purposes that satisfy the pertinent requirements of
the Utah Open and Public Meetings Act.
Closed Session started at 3:43 pm.
Held via Zoom and in the Work Session Room (location)
Board/Council Members in Attendance: Board/Council Members Dugan, Petro, Valdemoros,
Mano, Wharton, Young and Puy.
City Staff in Attendance: Erin Mendenhall, Danny Walz, Rachel Otto, Lisa Shaffer, Megan Yuill,
Lindsey Nikola, Katie Lewis, Allison Parks, Andrew Johnston, Tammy Hunsaker, Ashley Ogden,
Corinne Piazza, Kathryn Hackman, Amanda Greenland, Kate Werrett, Austin Taylor, Marcus
Lee, Lucas Goodrich, Cindy Gust-Jenson, Jennifer Bruno, Lehua Weaver, Allison Rowland,
Nick Tarbet, Ben Luedtke, Whitney Gonzalez-Fernandez, Ariana Williford, and Cindy Lou
Trishman
Closed Session ended at 5:00 pm.
Motion:
Moved by Director Wharton, seconded by Director Dugan to enter into Closed
Session for the purposes of strategy sessions to discuss the purchase, exchange, or
lease of real property and attorney-client matters that are privileged pursuant to
Utah Code § 78B-1-137.
AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Chris Wharton, Alejandro Puy, Darin
Mano, Sarah Young
Final Result: 7 – 0 Pass
Motion:
Moved by Director Mano, seconded by Director Dugan to exit Closed Session.
AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Chris Wharton, Alejandro Puy, Darin
Mano, Sarah Young
Final Result: 7 – 0 Pass
G.
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, September 12, 2023
7
Meeting adjourned at 5:00 pm
Minutes Approved:
_______________________________
Redevelopment Agency Chair Alejandro Puy
_______________________________
City Recorder
Please refer to Meeting Materials (available at www.data.slc.gov by selecting Public Body
Minutes) for supportive content including electronic recordings and comments submitted prior
to or during the meeting. Websites listed within the body of the Minutes may not remain active
indefinitely.
This document along with the digital recording constitutes the official minutes of the Salt Lake
City Redevelopment Agency meeting held Tuesday, September 12, 2023 and is not intended to
serve as a full transcript. Please refer to the electronic recording for entire content pursuant to
Utah Code §52-4-203.
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, September 12, 2023
8
PENDING MINUTES – NOT APPROVED
The Board of Directors of the Redevelopment Agency (RDA) of Salt Lake City met on Tuesday,
May 9, 2023.
The following Board Members were present:
Ana Valdemoros, Victoria Petro, Daniel Dugan, Amy Fowler, Chris Wharton, Alejandro Puy,
Darin Mano
Present Agency Leadership:
Mayor Erin Mendenhall, Danny Walz – Chief Operating Officer, Cara Lindsley – Deputy
Director
Present City Staff:
Katherine Lewis – City Attorney, Cindy Lou Trishman – City Recorder, DeeDee Robinson –
Minutes & Records Clerk, Thais Stewart – Deputy City Recorder , Isaac Canedo – Public
Engagement Communication Specialist, Taylor Hill – Constituent Liaison/Policy Analyst, Scott
Corpany – Staff Assistant, Ben Luedtke – Public Policy Analyst
Director Wharton presided at and conducted the meeting.
The meeting was called to order at 2:40 pm.
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, May 9, 2023
1
Comments:A.
1.General Comments to the Board TENTATIVE
5 min
The RDA Board of Directors will receive public comments regarding Redevelopment
Agency business in the following formats:
1.Written comments submitted to RDA offices, 451 South State Street, Suite 118, P.O.
Box 145455, Salt Lake City, UT. 84114-5455.
2.Comments to the RDA Board of Directors. (Comments are taken on any item not
scheduled for a public Hearing, as well as on any other RDA Business. Comments
are limited to two minutes.)
There were no comments.
B.Public Hearing - individuals may speak to the Board once per public hearing
topic for two minutes, however written comments are always accepted:
1.Resolution: RDA Budget Amendment No.3 for Fiscal Year 2022-23 -
-
The Board will accept public comment on a resolution that would amend the final budget
of the Redevelopment Agency of Salt Lake City for Fiscal Year 2022-23. Budget
amendments happen several times each year to reflect adjustments in the
Redevelopment Agency’s budget, including proposed project additions and
modifications, and staffing changes. The amendment includes adjustments to budgets
based on actual property tax increment received to satisfy obligations under state law,
interlocal agreements with other taxing entities, and reimbursement agreements with
private property owners, and several holding accounts for capital improvements and
strategic intervention funds for future opportunities in project areas among other items.
Ben Luedtke provided an introduction to the Budget Amendment.
There were no public comments.
Motion:
Moved by Director Mano, seconded by Director Dugan to close the public
hearing.
AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Chris Wharton, Darin Mano
ABSENT: Amy Fowler, Alejandro Puy
Final Result: 5 – 0 Pass
C.
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, May 9, 2023
2
Redevelopment Agency Business - The RDA Board of Directors will receive
information and/or hold discussions and/or take action on:
1.Approval of Minutes ~2:05 p.m.
5 min.
The Board will approve the meeting minutes of March 14, 2023.
Motion:
Moved by Director Dugan, seconded by Director Petro to approve meeting
minutes of March 14, 2023.
AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Chris Wharton, Darin Mano
ABSENT: Amy Fowler, Alejandro Puy
Final Result: 5 – 0 Pass
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, May 9, 2023
3
2.Resolution: RDA Budget Amendment No.3 for Fiscal Year 2022-
23 ~ 2:10 p.m.
20 min
The Board will receive a follow-up briefing about, and consider adopting a resolution
that would amend the final budget of the Redevelopment Agency of Salt Lake City for
Fiscal Year 2022-23. Budget amendments happen several times each year to reflect
adjustments in the Redevelopment Agency’s budget, including proposed project
additions and modifications, and staffing changes. The amendment includes adjustments
to budgets based on actual property tax increment received to satisfy obligations under
state law, interlocal agreements with other taxing entities, and reimbursement
agreements with private property owners, and several holding accounts for capital
improvements and strategic intervention funds for future opportunities in project areas
among other items.
Director Puy joined the RDA meeting during this agenda item.
Ben Luedtke provided an introduction to the Budget Amendment and information
regarding:
•Table – Comparing actual property tax increment to annual budget and County’s
estimates (Page 1 – Staff Report)
•Table – Summary of discretionary items adjusted for actual property tax increment
(Page 2 – Staff Report)
•New Item – $4M Seed Funds (from General Fund) for the Westside Community
Initiative changing source, transfer, and use for property acquisition in the 9-Line
project area
Motion:
Moved by Director Mano, seconded by Director Petro to adopt Resolution 10
of 2023, RDA Budget Amendment No. 3 for Fiscal Year 2022-23.
AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Chris Wharton, Alejandro Puy,
Darin Mano
ABSENT: Amy Fowler
Final Result: 6 – 0 Pass
3.Report and Announcements from the Executive Director TENTATIVE
5 min.
Report of the Executive Director, including a review of information items,
announcements, and scheduling items. The Board of Directors may give feedback or
policy input.
Item not held.
4.Report and Announcements from RDA Staff TENTATIVE
5 min.
The Board may review Board information and announcements. The Board may give
feedback on any item related to City business, including but not limited to;
•Project Updates; and
•Scheduling Items.
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, May 9, 2023
4
Danny Walz provided information regarding:
•Aster Project recently completed/opened
•144 South 500 East affordable housing project recently completed/opened
•Bicycle Collective $1.4M loan recently closed
•230 West 1700 South $1M loan recently closed
•The Nest $2M loan recently closed
•Marmalade Park progress update
•RDA Staff having submitted first of Housing and Transit Redevelopment Zone
(HTRZ) applications to Governors' Office of Economic Opportunity – centered on
the rail stop at 200 West and 900 South
D.Written Briefings – the following briefings are informational in nature and
require no action of the Board. Additional information can be provided to the
Board upon request:
1.Informational: Redevelopment Agency Semi-Annual Property Report -
-
The Board will receive a written briefing of all Tier 1 and Tier 2 properties owned by the
RDA, as per the Land Disposition Policy. The May 2023 report includes the description,
address, parcel ID, size, zoning and tier category of each property. In addition, the report
details approximate acquisition date, current category of disposition, interim use and
proposed permanent use for each property.
Written briefing only. No discussion was held.
E.Consent – the following items are listed for consideration by the Board and can be
discussed individually upon request. A motion to approve the consent agenda is
approving all of the following items:
NONE.
F.Tentative Closed Session
The Board will consider a motion to enter into Closed Session. A closed meeting described
under Section 52-4-205 may be held for specific purposes including, but not limited to:
1.discussion of the character, professional competence, or physical or mental health of
an individual;
2.strategy sessions to discuss pending or reasonably imminent litigation;
3.strategy sessions to discuss the purchase, exchange, or lease of real property:
(i)disclose the appraisal or estimated value of the property under consideration; or
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, May 9, 2023
5
(ii)prevent the public body from completing the transaction on the best possible
terms;
4.strategy sessions to discuss the sale of real property, including any form of a water
right or water shares, if:
(i)public discussion of the transaction would:
(A)disclose the appraisal or estimated value of the property under
consideration; or
(B)prevent the public body from completing the transaction on the best possible
terms;
(ii)the public body previously gave public notice that the property would be offered
for sale; and<
(iii)the terms of the sale are publicly disclosed before the public body approves the
sale
5.discussion regarding deployment of security personnel, devices, or systems; and
6.investigative proceedings regarding allegations of criminal misconduct.
A closed meeting may also be held for attorney-client matters that are privileged pursuant to
Utah Code § 78B-1-137, and for other lawful purposes that satisfy the pertinent requirements of
the Utah Open and Public Meetings Act.
Closed Session Started at 3:05 pm
Held via Zoom and in the Work Session Room (location)
Board Members in Attendance: Board Members Dugan, Petro, Valdemoros, Mano, Wharton
and Puy (online).
City Staff in Attendance: Katherine Lewis, Allison Parks, Mayor Erin Mendenhall, Rachel Otto,
Lisa Shaffer, Lindsey Nikola, Mary Beth Thompson, Aaron Price, Danny Walz, Jim Sirrine, Erin
Cunningham, Tracy Tran, Austin, Corinne, Eric Holmes, Felina Lazalde, Amanda Greenland,
Cara Lindsley, Ashley Ogden, Marcus Lee, Lauren Parisi, Cindy Gust-Jenson, Jennifer Bruno,
Allison Rowland, Ben Luedtke, Cindy Lou Trishman, Taylor Hill and Scott Corpany.
Closed Session ended at 3:45 pm
Motion:
Moved by Director Mano, seconded by Director Dugan to enter into Closed
Session for the purposes of purchase, exchange or lease of real property
and attorney-client matters
AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Chris Wharton, Darin Mano
ABSENT: Amy Fowler, Alejandro Puy
Final Result: 5 – 0 Pass
Motion:
Moved by Director Dugan, seconded by Director Valdemoros to exit Closed
Session.
AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Chris Wharton, Alejandro Puy, Darin
Mano
ABSENT: Amy Fowler
Final Result: 6 – 0 Pass
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, May 9, 2023
6
F.Tentative Closed Session
The Board will consider a motion to enter into Closed Session. A closed meeting described
under Section 52-4-205 may be held for specific purposes including, but not limited to:
1.discussion of the character, professional competence, or physical or mental health of
an individual;
2.strategy sessions to discuss pending or reasonably imminent litigation;
3.strategy sessions to discuss the purchase, exchange, or lease of real property:
(i)disclose the appraisal or estimated value of the property under consideration; or
(ii)prevent the public body from completing the transaction on the best possible
terms;
4.strategy sessions to discuss the sale of real property, including any form of a water
right or water shares, if:
(i)public discussion of the transaction would:
(A)disclose the appraisal or estimated value of the property under
consideration; or
(B)prevent the public body from completing the transaction on the best possible
terms;
(ii)the public body previously gave public notice that the property would be offered
for sale; and<
(iii)the terms of the sale are publicly disclosed before the public body approves the
sale
5.discussion regarding deployment of security personnel, devices, or systems; and
6.investigative proceedings regarding allegations of criminal misconduct.
A closed meeting may also be held for attorney-client matters that are privileged pursuant to
Utah Code § 78B-1-137, and for other lawful purposes that satisfy the pertinent requirements of
the Utah Open and Public Meetings Act.
Closed Session Started at 3:05 pm
Held via Zoom and in the Work Session Room (location)
Board Members in Attendance: Board Members Dugan, Petro, Valdemoros, Mano, Wharton
and Puy (online).
City Staff in Attendance: Katherine Lewis, Allison Parks, Mayor Erin Mendenhall, Rachel Otto,
Lisa Shaffer, Lindsey Nikola, Mary Beth Thompson, Aaron Price, Danny Walz, Jim Sirrine, Erin
Cunningham, Tracy Tran, Austin, Corinne, Eric Holmes, Felina Lazalde, Amanda Greenland,
Cara Lindsley, Ashley Ogden, Marcus Lee, Lauren Parisi, Cindy Gust-Jenson, Jennifer Bruno,
Allison Rowland, Ben Luedtke, Cindy Lou Trishman, Taylor Hill and Scott Corpany.
Closed Session ended at 3:45 pm
Motion:
Moved by Director Mano, seconded by Director Dugan to enter into Closed
Session for the purposes of purchase, exchange or lease of real property
and attorney-client matters
AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Chris Wharton, Darin Mano
ABSENT: Amy Fowler, Alejandro Puy
Final Result: 5 – 0 Pass
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, May 9, 2023
7
Adjournment
Motion:
Moved by Director Dugan, seconded by Director Valdemoros to exit Closed
Session.
AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Chris Wharton, Alejandro Puy, Darin
Mano
ABSENT: Amy Fowler
Final Result: 6 – 0 Pass
G.
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, May 9, 2023
8
Meeting adjourned at 4:15 pm.
Minutes Approved:
_______________________________
Redevelopment Agency Chair – Alejandro Puy
_______________________________
City Recorder – Cindy Trishman
Please refer to Meeting Materials (available at www.data.slc.gov by selecting Public Body
Minutes) for supportive content including electronic recordings and comments submitted prior
to or during the meeting. Websites listed within the body of the Minutes may not remain active
indefinitely.
This document along with the digital recording constitutes the official minutes of the Salt Lake
City Redevelopment Agency meeting held Tuesday, May 9, 2023 and is not intended to serve as
a full transcript. Please refer to the electronic recording for entire content pursuant to Utah
Code §52-4-203.
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, May 9, 2023
9
PENDING MINUTES – NOT APPROVED
The Board of Directors of the Redevelopment Agency (RDA) of Salt Lake City met on Tuesday,
October 10, 2023.
The following Board Members were present:
Victoria Petro, Daniel Dugan, Chris Wharton, Alejandro Puy, Darin Mano
The following Board Members were absent:
Ana Valdemoros, Sarah Young
Present Agency Leadership:
Danny Walz – Director
Present City Staff:
Katherine Lewis – City Attorney, Cindy Lou Trishman – City Recorder, DeeDee Robinson –
Minutes & Records Clerk, Thais Stewart – Deputy City Recorder , Taylor Hill – Constituent
Liaison/Policy Analyst, Scott Corpany – Staff Assistant, Jennifer Bruno – Council Deputy
Director, Cindy Gust-Jenson – Council Executive Director, Lindsey Nikola – Deputy Chief of
Staff
Director Chair Alejandro Puy presided at and conducted the meeting.
The meeting was called to order at 2:02 pm.
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, October 10, 2023
1
Comments:A.
1.General Comments to the Board ~2:00 p.m.
5 min
The RDA Board of Directors will receive public comments regarding Redevelopment
Agency business in the following formats:
1.Written comments submitted to RDA offices, 451 South State Street, Suite 118, P.O.
Box 145455, Salt Lake City, UT. 84114-5455.
2.Comments to the RDA Board of Directors. (Comments are taken on any item not
scheduled for a public Hearing, as well as on any other RDA Business. Comments
are limited to two minutes.)
There were no public comments.
Parwana Mujadidi was called on to speak and was advised that Staff would assist with
her questions.
B.Public Hearing - individuals may speak to the Board once per public hearing
topic for two minutes, however written comments are always accepted:
NONE.
C.Redevelopment Agency Business - The RDA Board of Directors will receive
information and/or hold discussions and/or take action on:
1.Approval of Minutes ~2:05 p.m.
5 min.
The Board will approve the meeting minutes of July 11, 2023 and August 8, 2023.
Motion:
Moved by Director Dugan, seconded by Director Mano to approve meeting
minutes of July 11, 2023 and August 8, 2023.
AYE: Victoria Petro, Daniel Dugan, Chris Wharton, Alejandro Puy, Darin Mano
ABSENT: Ana Valdemoros, Sarah Young
Final Result: 5 – 0 Pass
2.Report and Announcements from the Executive Director TENTATIVE
5 min.
Report of the Executive Director, including a review of information items,
announcements, and scheduling items. The Board of Directors may give feedback or
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, October 10, 2023
2
policy input.
Item not held.
3.Report and Announcements from RDA Staff TENTATIVE
5 min.
The Board may review Board information and announcements. The Board may give
feedback on any item related to City business, including but not limited to:
•Project Updates;
•Community Engagement Updates; and
•Scheduling Items.
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, October 10, 2023
3
Danny Walz provided the following updates:
•Community engagement events for the Ballpark NEXT Community Visioning
process:
◦October 18, 2023 6:00-8:00pm at the Urban Indian Center
◦November 15, 2023 6:00-8:00pm (location TBD)
•RDA and GSBS Architects having received the APA Utah Beehive Award of
Excellence for the Japan Town design strategy project
Danny Walz said it was an honor to win the award and thanked their partners GSBS
Architects for their involvement in the project, as well as APA Utah, and wanted to
specifically commend RDA Staff member, Corrine Piazza for her work on the project.
Director Mano indicated his support for the Japan Town project, wanting to see it funded
and started as soon as possible, and invited RDA staff to inform him on ways he could
help.
4.Report of the Chair and Vice Chair TENTATIVE
5 min.
Report of the Chair and Vice Chair.
Item not held.
D.Written Briefings – the following briefings are informational in nature and
require no action of the Board. Additional information can be provided to the
Board upon request:
1.Informational: Semiannual Status Report on RDA
Commercial Loan Portfolio Written Briefing
-
The Board will receive a written briefing about the status of the RDA’s commercial loan
portfolio. This report identifies the following:
•New loans approved between July 1, 2022 and June 30, 2023
•Remaining amount available in the existing portfolio
•Outstanding principal for the Revolving Loan Fund
•Any delinquencies
Written briefing only. No discussion was held.
2.Resolution: RDA Budget Amendment No.1 for Fiscal
Year 2023-24 Written Briefing
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, October 10, 2023
4
-
The Board will receive a written briefing about a resolution that would amend the final
budget of the Redevelopment Agency of Salt Lake City for Fiscal Year 2023-24. Budget
amendments happen several times each year to reflect adjustments in the
Redevelopment Agency’s budget, including proposed project additions and
modifications, and staffing changes. The amendment includes a single housekeeping
item to transfer funds to a City grant account for improved tracking and compliance
reporting. The use of the funds for affordable housing remains the same. There is a
corresponding item in the City’s General Fund Budget Amendment No 2.
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, October 10, 2023
5
Written briefing only. No discussion was held.
E.Consent – the following items are listed for consideration by the Board and can be
discussed individually upon request. A motion to approve the consent agenda is
approving all of the following items:
1.Set Date – Resolution: RDA Budget Amendment No.1 for Fiscal Year 2023-
24 -
-
The Board will set the date of Tuesday, November 14, 2023 at 2 p.m. to accept public
comment and consider adopting a resolution that would amend the final budget of the
Redevelopment Agency of Salt Lake City for Fiscal Year 2023-24. Budget amendments
happen several times each year to reflect adjustments in the Redevelopment Agency’s
budget, including proposed project additions and modifications, and staffing changes.
The amendment includes a single housekeeping item to transfer funds to a City grant
account for improved tracking and compliance reporting. The use of the funds for
affordable housing remains the same. There is a corresponding item in the City’s General
Fund Budget Amendment No 2.
Motion:
Moved by Director Mano, seconded by Director Dugan to approve the Consent
agenda.
AYE: Victoria Petro, Daniel Dugan, Chris Wharton, Alejandro Puy, Darin Mano
ABSENT: Ana Valdemoros, Sarah Young
Final Result: 5 – 0 Pass
F.Tentative Closed Session
The Board will consider a motion to enter into Closed Session. A closed meeting described
under Section 52-4-205 may be held for specific purposes including, but not limited to:
1.discussion of the character, professional competence, or physical or mental health of
an individual;
2.strategy sessions to discuss pending or reasonably imminent litigation;
3.strategy sessions to discuss the purchase, exchange, or lease of real property:
(i)disclose the appraisal or estimated value of the property under consideration; or
(ii)prevent the public body from completing the transaction on the best possible
terms;
4.strategy sessions to discuss the sale of real property, including any form of a water
right or water shares, if:
(i)public discussion of the transaction would:
(A)disclose the appraisal or estimated value of the property under
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, October 10, 2023
6
Adjournment
consideration; or
(B)prevent the public body from completing the transaction on the best possible
terms;
(ii)the public body previously gave public notice that the property would be offered
for sale; and<
(iii)the terms of the sale are publicly disclosed before the public body approves the
sale
5.discussion regarding deployment of security personnel, devices, or systems; and
6.investigative proceedings regarding allegations of criminal misconduct.
A closed meeting may also be held for attorney-client matters that are privileged pursuant to
Utah Code § 78B-1-137, and for other lawful purposes that satisfy the pertinent requirements of
the Utah Open and Public Meetings Act.
Item not held.
G.
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, October 10, 2023
7
Meeting adjourned at: 2:13 pm.
Minutes Approved:
_______________________________
Redevelopment Agency Chair – Alejandro Puy
_______________________________
City Recorder – Cindy Trishman
Please refer to Meeting Materials (available at www.data.slc.gov by selecting Public Body
Minutes) for supportive content including electronic recordings and comments submitted prior
to or during the meeting. Websites listed within the body of the Minutes may not remain active
indefinitely.
This document along with the digital recording constitutes the official minutes of the Salt Lake
City Redevelopment Agency meeting held Tuesday, October 10, 2023 and is not intended to
serve as a full transcript. Please refer to the electronic recording for entire content pursuant to
Utah Code §52-4-203.
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, October 10, 2023
8
Item C2
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:Board Members
FROM: Ben Luedtke
Senior Analyst
DATE:November 14, 2023
RE: Redevelopment Agency (RDA) Budget Amendment Number One FY2024
MOTION 1 –ADOPT ITEM
I move that the Board adopt a resolution amending the Fiscal Year 2024 final budget of the
Redevelopment Agency only for the item shown on the motion sheet.
Staff note: Council Members do not need to read the individual item being approved below; it is listed
for reference. This is a housekeeping change. The use of the funds will remain the same as part of the
RDA’s upcoming Notice of Funding Availability for housing development.
D-1: Transfer Dormant HOME Program Income Funds from RDA Housing Back to Misc Grants Fund
($6,476,014 – One-time)
MOTION 2 – NOT ADOPT
I move that the Board proceed to the next agenda item.
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
RDA BOARD TRANSMITTAL
___________________________________ Date Received: ________________
Mayor Erin Mendenhall, Executive Director Date sent to Council: ___________
______________________________________________________________________________
TO: Salt Lake City RDA Board DATE: September 25, 2023
Alejandro Puy, RDA Chair
FROM: Mary Beth Thompson, Chief Financial Officer
Danny Walz, RDA Director
SUBJECT: RDA Budget Amendment #1, FY 2023-24
SPONSOR: NA
STAFF CONTACT: Greg Cleary, Budget Director (801) 535-6394 or
Mary Beth Thompson (801) 535-6403 or
Mike Burns (801) 565-6461 or
Danny Walz (801) 535-7209
DOCUMENT TYPE: Budget Amendment Resolution
RECOMMENDATION: The Administration recommends that subsequent to a public hearing,
the RDA Board adopt the following amendment to the FY 2023-24 adopted budget.
BUDGET IMPACT:
REVENUE EXPENSE
RDA FUND $ .00 $ 6,476,014.00
TOTAL $ .00 $ 6,476,014.00
Erin Mendenhall (Sep 25, 2023 13:20 MDT)09/25/2023
09/25/2023
EXECUTIVE SUMMARY:
The purpose of the first amendment (“amendment”) is to align the RDA budget with the City’s
second Budget Amendment, which reallocates $6,476,014 from the Agency’s Housing
Development Fund to the City’s Miscellaneous Grants Fund. This amendment is administrative
in nature and is being proposed for accounting and financial tracking purposes.
In the Fiscal Year 2024 budget, the Board transferred $6,476,014 in Dormant HOME Program
Income Funds initially allocated to the Community and Neighborhoods Department to
the Agency's Housing Development Fund. This allocation is intended to be incorporated into the
annual housing Notice of Funding Availability (NOFA) by the Agency. However, due to the
specific reporting obligations associated with these Funds, the City's Finance Department is
suggesting a transfer of these funds to the Miscellaneous Grants Fund.
A summary spreadsheet document, outlining the proposed budget change is attached
(Attachment B). The Administration requests this document be modified based on the decisions
of the Board. The budget amendment contains one item in section D – Housekeeping Items:
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
ATTACHMENTS:
A. Resolution
B. Budget Amendment #1 Summary Spreadsheet
C. RDA Staff Memo
PUBLIC PROCESS: Public Hearing
1
REDEVELOPMENT AGENCY OF SALT LAKE CITY
RESOLUTION NO__________
First Budget Amendment for Fiscal Year 2023-2024
RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY
OF SALT LAKE CITY AMENDING THE FINAL BUDGET OF THE RDA FOR FISCAL
YEAR 2023-2024.
WHEREAS, on June 13, 2023, the Redevelopment Agency (RDA) Board of Directors
(Board) adopted the final budget of the RDA, effective for the fiscal year beginning July 1, 2023,
and ending June 30, 2024, in accordance with the requirements of Section 17C-1-601.5 of the Utah
Code.
WHEREAS, on May 2, 2023, the Board approved a resolution adopting the tentative final
budget, while reserving consideration of other proposed amendments until a later date.
WHEREAS, all conditions precedent to amend the RDA's final annual budget have been
accomplished.
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the
Redevelopment Agency of Salt Lake City:
1. Purpose. The purpose of this resolution is to amend the final annual budget of the
RDA, as approved, ratified and finalized by the Board on June 13, 2023.
2. Adoption of Amendments. The budget amendments shown on Exhibit A as “Board
Approved” are hereby adopted and incorporated into the annual budget of the RDA.
3. Filing of copies of the Budget Amendments. The Salt Lake City Finance
Department, on behalf of the RDA, is authorized and directed to certify and file a copy of said
budget amendments in the office of the Finance Department, the RDA, and the office of the City
Recorder, which amendments shall be available for public inspection.
Passed by the Board of Directors of the Redevelopment Agency of Salt Lake City, Utah,
this day of , 2023, to be effective upon adoption.
________________________________
Alejandro Puy, Chair
Approved as to form: __________________________________
Salt Lake City Attorney’s Office
Allison Parks
2
The Executive Director:
____ does not request reconsideration
____ requests reconsideration at the next regular Agency meeting.
_________________________________
Erin Mendenhall, Executive Director
Attest:
_________________________
City Recorder
3
EXHIBIT A TO RESOLUTION
[Attach Board’s Final Approved Budget Amendment]
Initiative Number/Name Project Area Revenue Amount
Expenditure
Amount
Revenue
Amount
Expenditure
Amount
Ongoing or One-
time FTEs
1 RDA Housing Funds Transfer to Misc Grants Housing Dev Fund - 6,476,014.00 One-time -
-
Total of Budget Amendment Items - 6,476,014.00 - -
Total by Fund, Budget Amendment #1:
Redevelopment Agency RDA - 6,476,014.00 - - -
Total of Budget Amendment Items - 6,476,014.00 - - -
Fiscal Year 2023-24 RDA Budget Amendment #1
Section G: Board Consent Agenda -- Grant Awards
Section I: Board Added Items
Section A: New Items
Section B: Grants for Existing Staff Resources
Section C: Grants for New Staff Resources
Section D: Housekeeping
Section E: Grants Requiring No New Staff Resources
Section F: Donations
Board ApprovedAdministration Proposed
1
Initiative Number/Name Project Area Revenue Amount
Expenditure
Amount
Revenue
Amount
Expenditure
Amount
Ongoing or One-
time FTEs
Fiscal Year 2023-24 RDA Budget Amendment #1
Board ApprovedAdministration Proposed
Current Year Budget Summary, provided for information only
FY 2023-24 Budget, Including Budget Amendments
FY 2023-24
Adopted Budget RDA BA #1 Total Total To-Date
Redevelopment Agency 80,803,841 6,476,014 - 87,279,855
Total of Budget Amendment Items 80,803,841 6,476,014 87,279,855
Certification
Budget Manager
Deputy Director, City Council/RDA Board
Contingent Appropriation and Notes
2
REDEVELOPMENT AGENCY of SALT LAKE CITY
SALT LAKE CITY CORPORATION
451 SOUTH STATE STREET, ROOM 118 WWW.SLC.GOV · WWW.SLCRDA.COM
P.O. BOX 145518, SALT LAKE CITY, UTAH 84114-5518 TEL 801-535-7240 · FAX 801-535-7245
MAYOR ERIN MENDENHALL
Executive Director
DANNY WALZ
Director
STAFF MEMO
DATE: September 22, 2023
PREPARED BY: Erin Cunningham, Financial Analyst
RE: RDA Budget Amendment #1, FY 2023-2024
REQUESTED ACTION: Discussion and approval of Budget Amendment #1
BUDGET IMPACTS: The First Amendment reduces the Agency’s Housing Development Fund by
approximately $6.4 million.
EXECUTIVE SUMMARY: The purpose of this amendment is to align with the City's Second Budget
Amendment, which reallocates $6,476,014 from the Agency's Housing Development Fund to the City's
Miscellaneous Grants Fund.
ANALYSIS & ISSUES: In the Fiscal Year 2024 budget, the Board transferred $6,476,014 in Dormant
HOME Program Income Funds initially allocated in the to Community and Neighborhoods Department to
the Agency's Housing Development Fund. This allocation is intended to be incorporated into the annual
housing Notice of Funding Availability (NOFA) by the Agency. However, due to the specific reporting
obligations associated with these Funds, the City's Finance Department is suggesting a transfer of these
funds to the Miscellaneous Grants Fund.
PREVIOUS BOARD ACTION:
1. Approval of the Fiscal Year 2023-2024 Budget.
ATTACHMENTS: N/A
REDEVELOPMENT AGENCY OF SLC
HIGH OPPORTUNITY AREA MAP UPDATE
RDA BOARD OF DIRECTORS MEETING –NOVEMBER 14, 2023
2015
•Kem C Gardner Policy
Institute created
Opportunity Index using
2011-2015 data
2017
•RDA Board set aside
$4.5m in High
Opportunity Area Funds
2019
•RDA provided loan to
CDCU for Richmond
Flats -only loan from
the High Opportunity
Area Funds to date
High Opportunity Area Program Goals
•Incentivize affordable housing development in areas with greater access to
opportunity
•Increase a person’s chances for upward economic mobility
•Promote mixed-income neighborhoods
•Avoid concentrated poverty
•Make up for lacking federal support
High Opportunity Area Challenges
•Smaller parcels
•Limited multifamily zoning
•Fewer vacant and easy to redevelop sites
•Located in historic districts with additional
zoning restrictions
High Opportunity Area Map Update
RDA and Housing Stability staff have created a proposed map using a current set of wholistic data*. The updated map is the result of the following changes:
•Additional metrics that factor into upward economic mobility for residents
•Updated data using the most recent data and Census tract geographies
•New data weighting system
•Removed tracts without residential zoning
•Removed tracts that had only a small portion of land in SLC boundaries
*There is no current federal standard for a “High Opportunity Area” designation, which provides flexibility to determine the analysis to support our aims on a local level
Comparison of Metrics Factored in the Maps
Variable Description
In
2015 Proposed
2015
Weight
Proposed
Weight
Unemployment Percentage of civilian labor force age 16 and over without a job.Yes Yes 1x 2x
Poverty Percentage of families with a household income in the last 12 months below the poverty line.Yes Yes 1x 2x
Food Assistance/SNAP
Benefits Percentage of households receiving Food Assistance/SNAP Benefits in the last 12 months.Yes Yes 1x 2x
Income Median household income in the last 12 months.Yes Yes 1x 2x
Jobs Total number of jobs accessible by car and transit.Yes Yes 1x 2x
Commute Time Mean commute time.Yes Yes 1x 1x
Childcare Facilities Proximity to childcare facilities.No Yes 1x
High School Diploma Percentage of population age 25 and older with a high school diploma or higher.No Yes 1x
School Report Card Mean school score reported by the Utah State Board of Education School Report Card.Yes Yes 1x 1x
Bachelor's Degree Percentage of population age 25 and older with a bachelor's degree or higher.Yes Yes 1x 1x
Crime Mean count of crimes recorded by the SLCPD in the last 12 months.No Yes 1x
Grocery Stores Proximity to grocery stores.No Yes 1x
Open Space Proximity to open space.No Yes 1x
Transit Proximity to transit stops including bus stops, TRAX stations, and FrontRunner stations.No Yes 1x
Community Services Proximity to community services including food banks, human services, and government offices.No Yes 1x
Community Centers
Proximity to community centers including libraries, recretional facilies, and community gathering
places.No Yes 1x
Uninsured Percentage of the population without health insurance.No Yes 1x
Asthma Percentage of the adult population with asthma.No Yes 1x
Obesity Percentage of the adult population with obesity.No Yes 1x
Depression Percentage of the adult population with depression.No Yes 1x
Healthcare Facilities Proximity to healthcare facilities.No Yes 1x
Homeownership Percentage of occupied housing units occupied by the owner.Yes Yes 1x 1x
Cost Burden Percentage of households spending more than 30% of income on housing costs.No Yes 1x
Home Value Median home value of owner-occupied units.No Yes 1x
Family Sized Units Percentage of housing units with 3 or more bedrooms.No Yes 1x
Crowding Percentage of occupied housing units with more than 1.5 occupants per room.Yes Yes 1x 1x
Occupied Units Percent of units that are Occupied Yes Yes 1x 1x
Low-Cost Loans Percentage of owned houses with low-cost loans Yes No 1x
Results
•More overall land area
•Area zoned for multifamily
increases (more the 2x the
original acreage)
•Added tracts in Avenues,
Central City, East Central,
East Liberty, Liberty Wells,
and Sugar House Business
District
Current Map Proposed Map
REDEVELOPMENT AGENCY of SALT LAKE CITY
SALT LAKE CITY CORPORATION
451 SOUTH STATE STREET, ROOM 118 WWW.SLC.GOV · WWW.SLCRDA.COM
P.O. BOX 145518, SALT LAKE CITY, UTAH 84114-5518 TEL 801-535-7240 · FAX 801-535-7245
MAYOR ERIN MENDENHALL
Executive Director
DANNY WALZ
Director
STAFF MEMO
DATE: November 1, 2023
PREPARED BY: Austin Taylor, Project Manager
Tracy Tran, Senior Project Manager
Eric Holmes, Data Manager
RE: High Opportunity Areas: Proposed Map Update
REQUESTED ACTION: Review the updated data set, ranking methodology, and map for High
Opportunity Areas
POLICY ITEM: Affordable Housing
BUDGET IMPACTS: The RDA currently has $2.7 million budgeted to fund affordable housing
projects in High Opportunity Areas
EXECUTIVE SUMMARY/BACKGROUND
The Redevelopment Agency of Salt Lake City (“RDA”) is proposing an update to the data set, ranking
system, and eligibility map of the City’s High Opportunity Areas. The High Opportunity Area map
identifies Census Tracts in Salt Lake City in which low-income households have convenient access to
physical and social assets (such as employment, education, and high-income neighbors) that increase
their chance of improving their economic situation.
In 2015, the Kem C Gardner Policy Institute created the Opportunity Index. The Index used a set of
economic- and housing-related metrics (such as median household incomes, home ownership rates,
and housing cost burden rates) to determine Census Tracts in Salt Lake City in which low-income
households would have the greatest opportunity of improving their economic situation. In 2017, the
RDA Board, using the Opportunity Index, set aside $4.5M to finance affordable housing development
within High Opportunity Areas. Since then, the RDA Board has received and approved one loan
application for these funds.
RDA staff seeks to update the High Opportunity Area map to expand affordable housing funding
opportunities and incentives. The RDA’s proposed update includes the following changes:
1
1. An expanded data set with the most current data available and a more wholistic view of
community assets
2. A revised ranking system that factors in a wholistic set of metrics and prioritizes housing and
economic data
3. An updated map, using revised data, which shows the Census Tracts in which affordable
housing projects are eligible for High Opportunity Area loans
CHALLENGES WITH CURRENT HIGH OPPORTUNITY AREA MAP
RDA staff is proposing to update the High Opportunity Area Map because of the following challenges:
1.The current map’s data—from 2011 to 2015—is outdated
2.The current data set’s metrics do not acknowledge many important community assets that
increase a low-income household’s ability to improve their economic situation, such as crime
rates, proximity to childcare, and education level of the neighborhood population
3.Land within the current map’s eligible Census Tracts is difficult to develop affordable housing
on for one of more of the following reasons:
a.Large areas zoned for only single-family detached housing
b.Limited area zoned for multifamily housing
c.Historic district overlays
d.Small parcel sizes
e. Few vacant parcels
f.Lack of IRS-designated Qualified Census Tracts and Difficult Development Areas,
which boost a Low Income Tax Credit-funded project’s tax credit eligibility by up to
30%
Together, these challenges have limited the number of affordable housing developments the RDA has
been able to fund within high opportunity areas. The RDA currently has $2.7 million in funds set aside
from the initial $4.5 million 2017 allocation.
PROPOSED HIGH OPPORTUNITY AREA DATA AND MAP UPDATE
RDA staff’s proposed update to the High Opportunity Area data and map includes the following
changes:
1. Updated the Opportunity Index model data sources with current data.
2.Additional metrics that acknowledge a more wholistic set of community assets
3.A new data weighting system that factors in a wholistic set of metrics and prioritizes housing
and economic data
4. Removed Census Tracts without residential zoning (such as Northwest Quadrant and other
industrial land)
5. Removed Census Tracts that have only a small portion of land inside Salt Lake City boundaries
6. After updating the map with the changes listed above, two Census Tracts that did not show up
as High Opportunity Area Census Tracts, but were surrounded entirely by High Opportunity
Area Census Tracts, were added as High Opportunity Area Tracts to prevent islands in similar
2
neighborhoods.
These changes to the data set and weighting system update the map of Census Tracts in which
affordable housing development projects are eligible for High Opportunity Area funding. The
proposed map would remove Census Tracts in the East Central and Sugar House neighborhoods while
adding Census Tracts in The Avenues, Central City, East Central, East Liberty, Liberty Wells, and
Sugar House neighborhoods. Many Census Tracts in Yalecrest, Wasatch Hollow, Foothill, East Bench,
and Bonneville Hills remain. This proposed change would increase the overall land area and more than
double the land area that allows for multifamily dwellings classified as High Opportunity Areas.
REDEVELOPMENT ADVISORY COMMITTEE
RDA staff brought this proposed High Opportunity Area update to the Redevelopment Advisory
Committee on October 4, 2023. Committee members provided the following recommendations:
1. Utah Housing Corporation is currently offering 10%-30% basis boost for 9% LIHTC
developments in High Opportunity Areas. They are using the 2015 data and map the RDA is
currently using. This map can be found starting on Page 145 of the latest Qualified Allocation
Plan document. The RDA may want to connect with Utah Housing Corporation to talk about
how this proposed update could impact their program.
2. Though the RDA’s High Opportunity Area funding helps developers finance affordable
housing developments in high opportunity neighborhoods, there is still significant community
pushback against affordable housing in those neighborhoods.
3. RDA staff may want to compare this map with other maps of financial incentive programs for
affordable housing development—such as the map of HUD Opportunity Zones, Qualified
Census Tracts and Difficult Development Areas, Utah Housing Corporation High Opportunity
Areas, and Salt Lake City RDA Project Areas.
NEXT STEPS
Following a recommendation from the RDA Board, staff will either update the High Opportunity Area
map in applicable materials, or continue to work with the current map.
PREVIOUS BOARD ACTION
• In 2017, the RDA Board set aside $4.5M to finance affordable housing projects in High
Opportunity Area Census Tracts
• In 2019, the RDA Board approved a $1.8M loan for Richmond Flats affordable housing project
at 2960 South Richmond Street
ATTACHMENTS
A. Current vs Proposed Metrics and Data Weighting
B. Current vs Proposed High Opportunity Area Census Tracts
C. Proposed High Opportunity Area Map
3
ATTACHMENT A: CURRENT VS PROPOSED METRICS AND WEIGHTING
Variable Description In 2015 Proposed 2015
Weight
Proposed
Weight
Unemployment Percentage of civilian labor force age 16 and over without a job.Yes Yes 1x 2x
Poverty Percentage of families with a household income in the last 12 months below the
poverty line.Yes Yes 1x 2x
Food Assistance/
SNAP Benefits
Percentage of households receiving Food Assistance/SNAP Benefits in the last 12
months.Yes Yes 1x 2x
Income Median household income in the last 12 months.Yes Yes 1x 2x
Jobs Total number of jobs accessible by car and transit.Yes Yes 1x 2x
Commute Time Mean commute time.Yes Yes 1x 1x
Childcare Facilities Proximity to childcare facilities.No Yes 1x
High School Diploma Percentage of population age 25 and older with a high school diploma or higher.No Yes 1x
School Report Card Mean school score reported by the Utah State Board of Education School Report
Card.Yes Yes 1x 1x
Bachelor's Degree Percentage of population age 25 and older with a bachelor's degree or higher.Yes Yes 1x 1x
Crime Mean count of crimes recorded by the SLCPD in the last 12 months.No Yes 1x
Grocery Stores Proximity to grocery stores.No Yes 1x
Open Space Proximity to open space.No Yes 1x
Transit Proximity to transit stops including bus stops, TRAX stations, and FrontRunner
stations.No Yes 1x
Community Services Proximity to community services including food banks, human services, and
government offices.No Yes 1x
Community Centers Proximity to community centers including libraries, recretional facilies, and
community gathering places.No Yes 1x
Uninsured Percentage of the population without health insurance.No Yes 1x
Asthma Percentage of the adult population with asthma.No Yes 1x
Obesity Percentage of the adult population with obesity.No Yes 1x
Depression Percentage of the adult population with depression.No Yes 1x
Healthcare Facilities Proximity to healthcare facilities.No Yes 1x
Homeownership Percentage of occupied housing units occupied by the owner.Yes Yes 1x 1x
Cost Burden Percentage of households spending more than 30% of income on housing costs.No Yes 1x
Home Value Median home value of owner occupied units.No Yes 1x
Family Sized Units Percentage of housing units with 3 or more bedrooms.No Yes 1x
Crowding Percentage of occupied housing units with more than 1.5 occupants per room.No Yes 1x 1x
Occupancy Percentage of housing units that are occupied No Yes 1x 1x
Low Cost Loans Percentage of owned homes with low cost loans Yes No 1x
4
ATTACHMENT B: CURRENT VS PROPOSED HIGH OPPORTUNITY AREA CENSUS
TRACTS
Current High Opportunity Area Census Tracts Proposed High Opportunity Area Census Tracts
5
ATTACHMENT C: PROPOSED HIGH OPPORTUNITY AREA MAP
6
ATTACHMENT D: 2023 OPPORTUNITY INDEX MAP UPDATE
7
ATTACHMENT E: HIGH OPPORTUNITY INDEX SCORES
SCORING NOTES
The High Opportunity Index uses an eleven-point rating scale to evaluate metrics associated with high economic
opportunity by census tract. Scores 0-2 indicate very low opportunity, 3-4 indicates low opportunity, 5-6
indicate moderate opportunity, 7-8 indicate high opportunity, and 9-10 indicate very high opportunity.
In the previous methodology, scoring used county-level thresholds to determine scoring from 0-10 for each of
the variables seen in Attachment A. Those scores were then averaged to create their opportunity index score.
Tract Opportunity
Index Score Tract Opportunity
Index Score
1001 3 1028.01 2
1002 5 1028.02 4
1003.06 3 1029 2
1003.07 2 1030 6
1003.08 1 1031 8
1005 1 1032 6
1006 0 1033 7
1007 5 1034 8
1008 5 1035 7
1010 8 1036 10
1011.01 6 1037 8
1011.02 9 1038 7
1012 8 1039 7
1014.01 3 1040 9
1014.02 4 1041 8
1015 8 1042 9
1016 6 1043 6
1017 8 1044 7
1018 4 1047 8
1019 7 1048 5
1020 6 1049 5
1021 7 1118.02 6
1023 5 1140 6
1025.01 4 1141 7
1025.02 6 1145 1
1026 3 1147 3
1027.01 3 1148 8
1027.02 1
Scoring Categories
0-2 – Very Low Opportunity
3-4 – Low Opportunity
5-6 – Moderate Opportunity
7-8 – High Opportunity
9-10 – Very High Opportunity
8
For the proposed methodology, scoring for the Opportunity Index was done by evaluating each tract on the
variables in attachment A as compared to other census tracts in the city. A normalization formula is used to
establish the thresholds for scoring in 11 equal scoring ranges (0-10). Each tract’s normalized scores for all
variables were then multiplied by their determined weight and aggregated. The aggregate scores are then put
through the same normalization formula to determine the overall Opportunity Index score.
Weighting for the variables was determined by the RDA team with input from other stakeholders and city staff.
9
STAFF REPORT
BOARD OF THE REDEVELOPMENT AGENCY of SALT LAKE CITY
TO:RDA Board Members
FROM: Jennifer Bruno, Deputy Director
DATE: November 14, 2023
RE: Informational Update on Housing and
Transit Reinvestment Zone (HTRZ)
applications
PROJECT TIMELINE:
Briefing: Nov 14, 2023
Potential Action: Dec 12, 2023
ISSUE AT-A-GLANCE
The Administration’s transmittal provides an overview of the Housing and Transit Reinvestment Zone
(HTRZ) tool, and updates the RDA Board on two applications for HTRZs in Salt Lake City:
•900 South/200 West TRAX stop – ¼ mile radius around the TRAX stop
o Status: submitted earlier this year. Currently before state review committee for
consideration.
o Potential projects in application: affordable housing, Green Loop, Grand Boulevards,
infrastructure improvements, and/or public transit extension.
o Next steps: If the state committee approves this application, the next step will be an
interlocal agreement between the City and RDA (potentially at the December or
January Board/Council meeting). Taxing entity participation will then be set up as
directed by the HTRZ committee and potential projects can be considered, with the
policy guidance of the HTRZ reimbursement policy which will be considered by the
Board in December (see below).
•Intermodal Hub – 1/3 mile radius around the frontrunner stop
o Status: application to be submitted in the near future
o Potential projects in future application: Station Center development efforts, Green
Loop along 500 West, light rail extension, shared parking garage, historic preservation.
o Next steps: RDA staff is finalizing the HTRZ application for submission to the State
HTRZ reimbursement policy (guiding spending for all Salt Lake City HTRZs) – the RDA
Board provided feedback on a potential HTRZ reimbursement policy at a work session during the
September board meeting. Staff is continuing to incorporate those comments into a revised
reimbursement policy for the board to consider adopting at the December board meeting.
Goal of the briefing: Review the information presented in anticipation of considering changes to
the HTRZ policy at the December RDA Board meeting.
Page | 2
KEY ELEMENTS/BACKGROUND
A. HTRZ Tool - The State originally created the Housing and Transit Reinvestment Zones
(HTRZ) tool via Senate Bill 217 in 2021, in part to respond to the state’s housing crisis. This
provides cities (via RDAs) an additional tool to incentivize increased mixed-use, multifamily
housing development around existing transit nodes to meet the State’s growth projections and
increase transit ridership. Several adjustments to the tool have been made in subsequent
legislative sessions. RDA staff has provided the following comparison of HTRZs with
traditional Community Reinvestment Areas (CRAs) based on current state code:
Per state code, HTRZ funds may be used to pay for apportion of the costs associated with the
following:
•Income targeted housing costs
•Structured parking within the HTRZ
•Enhanced development costs
•Horizontal construction costs
•Vertical construction costs
•Property acquisition costs
•HTRZ Administrative costs
•Public infrastructure
POLICY QUESTIONS
1.Prioritizing future HTRZ applications - the Board may wish to discuss with the
Administration a prioritization process for future HTRZ applications. As mentioned in the
Administration’s transmittal, with the exception of HTRZs around frontrunner stations, the
number of HTRZs in Salt Lake County is limited to 8 around TRAX/S-Line stations.
S A L T L A K E C I T Y
H O U S I N G & T R A N S I T R E I N V E S T M E N T Z O N E S
R D A B O A R D M E E T I N G
N O V E M B E R 1 4 , 2 0 2 3
Housing & Transit reinvestment Zone Act - SB 217/140
STATE HTRZ OBJECTIVES STATE HTRZ REQUIREMENTS
Higher utilization of public transit
Increasing availability of housing/affordable housing
Water conservation through efficient land use
Improve air quality by reduced fuel consumption & vehicular trips
Strategic Areas: Encourage transformative mixed-use
development and investment in public transportation & transit
infrastructure
Major Transit Corridor Investment: Strategic land use &
municipal planning
Increase access to employment & educational opportunities
PROMOTE TRANSIT-ORIENTED DEVELOPMENT
(TOD)
BENEFITS OF TOD
Land Use: 51% of developable HTRZ area must
include residential uses
Density: Average of 50 units/acre
10% of housing must be affordable (80% AMI)
Reasonable percentage of units with more than
one bedroom
HTRZ - Funds
Income targeted housing costs
Public infrastructure
Property acquisition costs
Enhanced development costs
Horizontal construction costs
Vertical construction costs
Structured parking within the HTRZ
HTRZ Administration, including the State's
ELIGIBLE USES:
gap analysis
CAPTURE RATE:
•Property Tax Increment Participation -
80% Maximum
•Sales Tax Increment Participation -
15% Maximum (deposited in the State’s Transit
Transportation Investment Fund (TTIF))
•HTRZ Administration Fees -
1% of the HTRZ funds
9 0 0 S o u t h H T R Z
Grand Boulevards
Green Loop
TRAX Extension
Public Infrastructure Improvements
POTENTIAL PUBLIC PROJECTS
Term: 15 years
Property Tax Increment: 80%
20% of units to be affordable housing
averaging 60% AMI
APPLICATION CONTINGENTLY APPROVED
i n t e r m o d a l h u b
Station Center
RDA/UTA Development -
Green Loop
First and Last Mile Improvements
East-West Connectivity
Central Station
Next Steps
Interlocal Agreement Adoption
HTRZ Implementation
900 South HTRZ For all HTRZs:
• HTRZ Tax Increment Reimbursement Policy
Submission of HTRZ Application
Intermodal Hub HTRZ
SALT LAKE CITY CORPORATION
451 SOUTH STATE STREET, ROOM 118 WWW.SLC.GOV · WWW.SLCRDA.COM
P.O. BOX 145518, SALT LAKE CITY, UTAH 84114-5518 TEL 801-535-7240 · FAX 801-535-7245
MAYOR ERIN MENDENHALL
Executive Director
DANNY WALZ
Director
REDEVELOPMENT AGENCY of SALT LAKE CITY
STAFF MEMO
DATE: October 27, 2023
PREPARED BY: Kate Werrett, RDA Project Manager
Marcus Lee, RDA Project Coordinator
RE: 900 South/200 West Housing and Transit Reinvestment Zone (HTRZ) Update
and Intermodal Hub HTRZ Creation
REQUESTED ACTION: Information Only – Review and discussion regarding HTRZ process
POLICY ITEM: Project Area Creation
BUDGET IMPACTS: N/A
EXECUTIVE SUMMARY: In 2021, the State of Utah adopted Senate Bill 217 establishing the Housing
and Transit Reinvestment Zone (“HTRZ”) Act (“Act”). In 2022, the State amended the bill to include the
revisions set forth in Senate Bill 140. During the 2023 Legislative Session additional amendments to the
Act were adopted in Senate Bill 84. Intended to help address Utah’s severe housing crisis, this legislation
allows for municipalities to capture tax increment revenue around certain public transit facilities to facilitate
mixed-use, multifamily, and affordable housing development and, ultimately, a higher utilization of public
transit. This memo reviews HTRZ regulations, provides an update of existing and upcoming applications,
and details the RDA HTRZ next steps.
ANALYSIS:
HTRZ Regulations
In 2021, Senate Bill 217 adopted the Housing and Transit Reinvestment Zone Act (“Act”), establishing the
objectives and requirements to create HTRZs. The Act was updated in 2022 with the passing of Senate Bill
140 to clarify the process, requirements, and objectives of the HTRZs.
An HTRZ is a specific type of project area located adjacent to public transit intended to promote sustainable
mixed-use development, affordable housing, and public transportation. Up to 80% of incremental property
tax generated within the project area can be collected to promote these objectives.
1. General HTRZ Requirements. Project area requirements that apply to every HTRZ project area
include:
• Property Tax Maximum Increment Participation: 80%
• Housing
1
o Affordable Housing: At least 10% of housing units must be affordable to 80% AMI
households
o Must include a mixture of housing units to ensure a reasonable percentage of dwellings
with more than one bedroom
• Land Use: 51% of developable area must be residential
• Density: an average of 50 dwelling units per acre is required.
o There is a caveat that if a Bus Rapid Transit’s (“BRT’s”) tax increment collection is
reduced to 60%, its project area may have a reduced density of 39-49 dwelling units
per acre.
• Tax Increment Collection Cap: Determined by the proposal
• HTRZ Administration Fees: 1% of the HTRZ funds
2. Transit Stop Requirements. A unique difference between HTRZs and other types of project areas
(such as Community Reinvestment Areas (“CRAs”)) is that HTRZs must be established within a
specified distance of a transit stop. The Act provides requirements and limitations dependent on
the type of transit stop an HTRZ encompasses. Certain limiting factors are defined by the project
area transit stops for commuter rail, light rail, BRT, or those located within an Opportunity Zone.
Examples of varying allowances dependent on the type of transit stop include:
• Size of Project Area
• Maximum Acreage
• Term and Phase Length
• Number of HTRZ project areas per transit stop type allowed per county
The table below shows the differences between possible project areas within Salt Lake City.
FRONTRUNNER TRAX/S-LINE BRT OPPORTUNITY
ZONE
BOUNDARY DISTANCE FROM STATION
1/4 MILE X X
1/3 MILE X
1/2 MILE X (regardless of
transit type)
Note: Any parcels bisected by the radius boundary can be included in their entirety
MAXIMUM ACREAGE
NONCONTIGUOUS
ACRES 125 100 100 Dependent on
station type
TAX INCREMENT
TERM & PHASE
LENGTH
25 year phases
within a 45-year
period
15 year phases within a 30-year
period
Dependent on
station type
NUMBER OF HTRZ PROJECT AREAS ALLOWED PER COUNTY
HTRZs per County
(#) Not defined 8 3 1
3. HTRZs Comparison with Community Reinvestment Areas (“CRAs’) – While similar to
existing tax increment project areas such as CRAs, HTRZs vary in some significant ways as
summarized in the table below. CRAs are subject to Title 17C of the Utah State Code.
2
HTRZ CRA
Creation
• HTRZ proposal is submitted to the
Governor’s Office of Economic
Opportunity
• State appointed HTRZ Committee
commissions a gap analysis and
reviews/approves proposal
• Survey Resolution adopted by the
Redevelopment Agency of Salt Lake
City’s (“RDA’s") Board of Directors
(“Board”)
• Project Area Plan & Budget Public
Hearing
• RDA Board adopts Plan & Budget
• City adopts ordinance approving the
Plan & Budget
Taxing
Entities
• Required taxing entity participation as
agreed to by the HTRZ Committee
• Taxing entities may opt out of
participation
• Participation is negotiated and
established with interlocal agreements
Tax
Increment
• Participation Rate: up to 80% of property
tax increment
• Participation Rate: Property tax
increment as negotiated
RDA Board
Controls
• HTRZ goals/policy decisions
• Budgeting of funds
• Tax Increment Reimbursement
Agreements (TIRAs) & other
development assistance programs
• RDA Board reviews and approves
CRA creation and implementation
throughout the process
• Budgeting of funds
• Tax Increment Reimbursement
Agreements (TIRAs) & other
development assistance programs
NOTE: Other tax increment funding sources are available, and applicability varies depending upon the type of project. Two possible
options are PIDs and TRZs.
4. Use of HTRZ Funds – Per 63N-3-607, HTRZ funds may be used to pay for a portion of the costs
associated with the following:
a. Income targeted housing costs
b. Structured parking within the HTRZ
c. Enhanced development costs
d. Horizontal construction costs
e. Vertical construction costs
f. Property acquisition costs
g. HTRZ Administration, including the State’s gap analysis
h. Public infrastructure
HTRZ Objectives
1. State Objectives – As summarized by Zions Public Finance in a 2021 HTRZ White Paper, the Act
represents an “all-hands-on-deck” approach to helping mitigate the housing affordability crisis
along the Wasatch Front, and to better utilize transit infrastructure and investment. It intends to
encourage transit-oriented development (TOD) near UTA FrontRunner stations, and other transit
stops, through tax increment financing and integral city and agency planning efforts. The Act
includes seven main objectives as follows:
a. Higher utilization of public transit
b. Increasing availability of housing, including affordable housing
c. Conservation of water resources through efficient land use
d. Improving air quality by reducing fuel consumption and motor vehicle trips
e. Encouraging transformative mixed-use development and investment in transportation and
public transit infrastructure in strategic areas
f. Strategic land use and municipal planning in major transit investment corridors
3
g. Increasing access to employment and educational opportunities
2. Alignment with City Objectives – While various city plans provide guidance regarding the State’s
overarching HTRZ objectives, encouraging transit-oriented and affordable housing development
in strategic areas of the city – especially as a means to conserve water, improve air quality, and
increase access to employment and education – are objectives that city plans and the RDA’s
Guiding Framework (see attached) generally support. Multiple guiding principles within the
citywide vision plan, Plan Salt Lake (2015), directly align with the objectives of HTRZ creation,
particularly the promotion of:
a. Growing responsibly while providing people with choices about where they live, how they
live, and how they get around.
b. Access to a wide variety of housing types for all income levels throughout the City,
providing the basic human need for safety and responding to changing demographics.
c. A transportation and mobility network that is safe, accessible, reliable, affordable, and
sustainable, providing real choices and connecting people with places.
d. Air that is healthy and clean.
e. Protecting the natural environment while providing access and opportunities to recreate
and enjoy nature.
f. A balanced economy that produces quality jobs and fosters an environment for commerce,
local business, and industry to thrive.
Current HTRZ Application: 900 South/200 West TRAX Stop
The area primarily covers the Salt Lake City’s Granary District, Central Ninth neighborhood, and a portion
of downtown. The area is comprised of a mix of land uses including office, commercial, single-family and
multi-family residential. While the area is experiencing growth, public support is needed to facilitate
sustainable affordable housing opportunities that are needed throughout the City and especially adjacent to
the Central Business District’s employment center. Much denser, transit-oriented development is also
needed to take full advantage of existing light rail that runs through the proposed HTRZ and the associated
public transit community benefits.
The Granary District is transitioning from primarily industrial uses and warehouse buildings to the City’s
center of creativity – with makerspaces for artists and tradespeople, culinary and recreational experiences,
life sciences, and local businesses of all types and sizes. Due to the industrial history of this area, the
neighborhood has developed without the infrastructure commonly found in the rest of the city. Many streets
do not have the basic pedestrian enhancements such as sidewalks, street trees, park strips, curb and gutter.
Public infrastructure investment is greatly needed to support this neighborhood’s growth and the innovation
happening within it. Transformative public projects that are anticipated to be supported through the creation
of this HTRZ include affordable housing, the Green Loop, the Grand Boulevards, infrastructure
improvements, and a public transit extension.
If not for funding provided by the proposed HTRZ, growth may happen sporadically, and not contain the
affordability, nor the density to support the revitalization of the area in alignment with city plans. It’s
anticipated that tax increment will be used for the following categories:
• Private Development Support (must incorporate public benefits)
• Public Project Support
• HTRZ Administration
The 900 S/200 W HTRZ application was submitted earlier this year. In November 2023, the State-appointed
HTRZ Committee will meet to consider the 900 South/200 West HTRZ application. Due to the high
concentration of recent construction and proposed development projects in the area, this project area was
proposed first to support and ensure the inclusion public benefits.
4
Upcoming HTRZ Application: Intermodal Hub
Salt Lake City’s intermodal transit hub, located at approximately 600 West and 300 South, encompasses
the Station Center development making this a top priority location for tax increment opportunities.
Located a block west of the Rio Grande Depot, this hub includes multiple public transportation connections,
including UTA’s FrontRunner, TRAX blue line, Amtrak, and the Greyhound bus. With these lines all
convening at this point, “first and last-mile” improvements are critical. As this area is adjacent to a
FrontRunner station, the potential project area is excluded from the State’s quota of eight light rail HTRZs
per County; therefore, it was not submitted as the Agency’s first HTRZ request to the State. RDA Staff is
preparing this application for submission in the near future as a means to support the Agency’s Station
Center development efforts, implementation of the Downtown Plan’s Green Loop along 500 West, and the
potential light rail extension project. More generally, there is significant potential here to facilitate improved
east-west connectivity.
The application will include details on public and private development plans for the area, including
elements of the RDA’s Station Center Vision & Implementation Plan. Significant quantities of land are
owned by the City and other public entities. It is anticipated that a significant portion of tax increment
generated by the project area will support the development of new infrastructure, a shared parking garage,
upgraded transit facilities, and the historic preservation of buildings.
RDA staff is finalizing an HTRZ application centered around the Frontrunner station located at the
Intermodal Hub to submit to GOEO for consideration.
HTRZ STATION
5
Next Steps
900 South/200 West HTRZ
• Interlocal Agreement Adoption – If the HTRZ Committee approves the 200 West/900 South
HTRZ proposal, an interlocal agreement between the City and the RDA will be provided for
discussion at the December RDA Board Meeting, with action to take place at the January City
Council and RDA Board Meetings.
• HTRZ Implementation – If the HTRZ Committee approves the 200 West/900 South HTRZ
proposal, taxing entity participation as established by the HTRZ Committee will be formalized and
potential developer incentives will be considered.
Intermodal Hub HTRZ
• Submission of Intermodal Hub HTRZ Application – Section 63N-3-604 of the Act provides
requirements for the application submission to GOEO. These requirements include defining the
project boundary, identifying included parcels, establishing a base year and collection years,
explaining how the State Objectives will be met, the tax increment projections, and other several
other requested items. The HTRZ Committee uses the tax increment projection included in the
proposal to set the HTRZ cap.
RDA staff is finalizing an HTRZ application for development surrounding UTA’s Salt Lake Central
Station. Infrastructure, revitalization, and catalytic development are the focus of the proposal
submission.
6
For all HTRZs
• HTRZ Tax Increment Reimbursement Policy – The RDA Board has provided feedback on the
HTRZ Tax Increment Reimbursement Policy and RDA staff will present it for adoption at the
December Board Meeting. The existing tax increment reimbursement policy is subject to the
requirements of the Utah Community Reinvestment Agency Act (17(c)), rather than the Housing
Transit Reinvestment Zone Act. The policy will outline threshold requirements for participation in
reimbursement agreements associated with HTRZ project areas.
ATTACHMENTS:
A. Eligible HTRZ Locations Map
B. Transit Station Map
C. Guiding Framework
7
ATTACHMENT A: ELIGIBLE HTRZ LOCATIONS MAP
8
ATTACHMENT B: TRANSIT STATION MAP
9
ATTACHMENT C: GUIDING FRAMEWORK
10
MAYOR ERIN MENDENHALL DANNY WALZ
Executive Director Director
REDEVELOPMENT AGENCY of SALT LAKE CITY
STAFF MEMO
DATE:October, 27, 2023
PREPARED BY:
RE:
Jim Sirrine, Property Manager
Redevelopment Agency Semi-Annual Property Report
REQUESTED ACTION: None. Written Briefing
EXECUTIVE SUMMARY: As directed in the Land Disposition Policy, the RDA provides the Board, not
less than semi-annually per fiscal year, an inventory of all Tier 1 and Tier 2 properties.
ANALYSIS & ISSUES: The attached report contains a current inventory of all RDA owned properties.
The report includes the description, address, parcel ID, size, zoning, and tier category of each property. In
addition, the report details the approximate acquisition date, current category of disposition, interim use,
and proposed permanent use for each property.
This report includes the addition of a Depot District parcel purchased from Artspace and added to Station
Center Parcel 6.
ATTACHMENTS:
•November 2023 RDA Property Report
SALT LAKE CITY CORPORATION
451 SOUTH STATE STREET, ROOM 118
P.O. BOX 145518, SALT LAKE CITY, UTAH 84114-5518
WWW.SLC.GOV · WWW.SLCRDA.COM
TEL 801-535-7240 · FAX 801-535-7245
9 LINE
1) Commissary Kitchen2423
BLOCK 70
2) Eccles Theater and Ancillary Spaces
3) Regent Street at 200 South
CENTRAL BUSINESS DISTRICT
4) Broadway Center (Parking Garage)
5) Gallivan Center Plaza, Parking, and Retail
(Block 57)
6) Land - Vivint Arena (Block 79)
7) Metro Condos Parking (Block 53)
18
19
616
17 2
3
5
15
14
13
498 DEPOT DISTRICT
10 12
11 7 8) Rio Grande Hotel (Block 62)
9) Station Center Parcel 1
10) Station Center Parcel 2
11) Station Center Parcel 3
12) Station Center Parcel 4
13) Station Center Parcel 5
14) Station Center Parcel 6
15) Sun Bar (Block 47)
1
25
16) Central Station (South)
17) Central Station (North)
NORTH TEMPLE
18) SPARK! Project
19) Folsom Trail Property
SUGAR HOUSE
20) Street Car Power Substation Site
21) S-Line Greenway
22) Sugarmont Plaza
WEST CAPITOL HILL
23) Marmalade Development
24) 524 N. Arctic Court
WEST TEMPLE GATEWAY
25) W. Montrose Ave
21 20
22
Semi-Annual Property Report | November 2023
Project Area/Property Description Assessor Address Parcel ID Acres/Total Zoning Tier Acquired Use Status Interim Use Proposed Reuse
9 LINE
1 Commissary Kitchen Former gas station property 877 W. 400 S.15-02-406-001-0000 0.32 0.32 R-MU-35 T-2 2021 Use Study Leased to Taqueria El Angel To be determined
TOTAL # of Project Properties:1 # of Acres:0.32 # of Parcels: 1
BLOCK 70
Eccles Theater, retail spaces, and plaza
Alley to Priority Dispatch and 111
16-06-105-064-0000
16-06-105-065-0000
1.7131 S. Main St.
147 S. Main St.
0.01 Theater events in partnership
Permanent Use with County Center for the Arts
and leased retail
2
3
Eccles Theater and Ancillary Spaces 1.79 D-1
D-1
T-1
T-1
2003-2014 N/A
Midblock walkway connecting Main St. to Regent St. and
access to the Eccles Theater 16-06-105-009-0000 0.08
Vacant land (former N. parking area of the NAC Drivers'
Lounge)167 S. Regent St.
169 S. Regent St
167 S. Regent St.
16-06-151-003-0000
16-06-151-004-0000
16-06-151-018-0000
0.03
0.06
0.04
Construction staging for
adjacent development
Entered into a Purchase Agreement with
Dakota Pacific Regent, LLCRegent St. at 200 S. St.Vacant land (former NAC Drivers Lounge)0.13 2013 Active Disposition
Vacant land (former E. parking area of the NAC Drivers
Lounge)
TOTAL # of Project Properties:2 # of Acres:1.92 # of Parcels: 6
CENTRAL BUSINESS DISTRICT
Leased to Broadway Center
Limited4Broadway Center (Parking Garage)Parking structure with retail spaces
Gallivan Center - plaza, event center, and amphitheater
Parking Structure under Gallivan Center Plaza
Retail
251 S. Floral St.
239 S. Main St.
49 E. Gallivan Ave.
228 S. State St.
16-06-154-048-0000 0.66 0.66
7.92
D-1
D-1
T-2
T-1
1989 Permanent Use
Permanent Use
N/A
N/A
16-06-152-072-0000
16-06-152-077-2000
0.4 Event spaces, plaza, and
walkway3.49
Leased to Boyer-Block 57
Associates LTD5Gallivan Center Plaza, Parking, and Retail (Block 57)16-06-152-077-6001 3.49 1984-1991
16-06-152-079-6001
16-06-152-079-2000
15-01-127-017-2000
15-01-127-017-2001
15-01-127-017-6001
15-01-127-018-6001
15-01-127-018-2000
16-06-309-001-0000
0.27
0.27
9.18
0.01
9.18
0.84
0.84
0.01
Retail spaces
Arena - SE section
Arena - SE section (underground)
Arena - SE section (underground)
Arena - NE Corner
301 W. S. Temple
365 W. S. Temple
Land leased to Larry H. Miller
Arena Group thru 20406
7
Land - Vivint Arena (Block 79)
Metro Condos Parking (Block 53)
20.05 D-4
D-1
T-1
T-2
1989
1991
Permanent Use
Permanent Use
N/A
N/A
Arena - NE Corner (underground)
Lower two levels (250 stalls) of an underground parking
structure
Parking stalls leased to the
State of Utah350 S. 200 E.0.0216-06-309-002-0000 0.01
TOTAL # of Project Properties:4 # of Acres:28.65 # of Parcels: 13
DEPOT DISTRICT
Leased to Home Inn Rio
Grande, LLC8Rio Grande Hotel, Block 62 Home Inn - Single room occupancy housing units 428 W. 300 S.15-01-179-012-0000 0.3 0.3 D-3
D-3
T-2
T-1
2009
2008
Permanent Use N/A
243-255 S. 600 W.
265 S. 600 W.
15-01-151-009-0000
15-01-151-010-0000
15-01-151-011-0000
15-01-151-012-0000
15-01-151-013-0000
15-01-151-014-0000
15-01-152-012-0000
15-01-152-013-0000
15-01-152-014-0000
0.5
0.88
0.11
0.26
0.13
0.13
0.11
0.13
0.13
245 S. 600 W.
245 S. 600 W.Vacant land and warehouse (former Intermountain Furniture
Company)
Construction staging for
adjacent development9Station Center Parcel 1 564-566 W. 300 S.
558-560 W. 300 S.
235 S. 600 W.
2.38 Use Study To be determined
552 W. 300 S.
544 W. 300 S.
Vacant building (formally Serta mattress factory)
Vacant land (formally Serta factory dock area)
15-01-302-018-0000 0.6
10 Station Center Parcel 2 535 W. 300 S.0.85 D-3 T-1 2002 Use Study N/A To be determined15-01-153-010-0000
15-01-153-011-0000
0.19
0.06
DEPOT DISTRICT (continued on next page)
RDA‐Owned Properties ‐ Page 1 of 3
Semi-Annual Property Report | November 2023
Project Area/Property Description Assessor Address Parcel ID Acres/Total Zoning Tier Acquired Use Status Interim Use Proposed Reuse
DEPOT DISTRICT (continued)
540 W. 400 S.
346 S. 500 W.
336 S. 500 W.
15-01-302-017-0000
15-01-302-021-0000
15-01-302-022-0000
0.93 Construction staging for
adjacent development11 Station Center Parcel 3 Vacant land and blue warehouse 0.32
1.25
2.5 D-3 T-1
T-1
2002
2002
Use Study
Use Study
To be determined
15-01-302-019-0000
15-01-302-020-0000
0.16
0.31Vacant land 336 S. 500 W.N/A
Warehouse building (former State art storage)310 S 500 W
519 W. 300 S.
15-01-153-009-0000
15-01-153-006-0000
0.59
0.13
2022
2002
2022
Leased to Utah State Archives
12 Station Center Parcel 4 1.53 D-3/D-2 To be determined
Vacant land (formally owned by State of Utah)N/A529 W 300 S
523 W 300 S
15-01-153-004-0000
15-01-153-005-0000
0.18
0.16
Warehouse buildings 502 W. 300 S.
250 S. 500 W.
15-01-152-021-0000
15-01-152-025-0000
1.65
0.56
Leased to Sportswear Design
Group, SLC "A Place For Your
Stuff," Fill the Pot, and parking
for Mac. Flats
13 Station Center Parcel 5 2.21 D-3 T-1 2010 Use Study To be determined
Paved parking lot area (formally Beehive Brick parking )
Vacant land
Intermountain Furniture- N warehouse
Parking Lot/Rail Spur
233 S. 600 W.
235 S. 600 W.
15-01-151-005-0000
15-01-151-008-0000
15-01-151-020-0000
0.31
0.49
0.36
2008
2023
Temporary Shelter Community
Storm Water Project
14 Station Center Parcel 6
15 Sun Bar (Block 47)
1.16
0.31
D-3 T-1
T-2
Use Study
Use Study
To be determined
To be determined
230 S. 500 W. (600 W.)
Construction staging for
adjacent developmentVacant land 702 W. 200 S.15-02-234-015-0000 0.31 GMU 2003
2015Single family home (vacant)
Howa Gardens, SE
Howa Gardens, NE
Howa Gardens, S
Howa Gardens, SW
Howa Gardens, NW
Howa Storage Bays
Former Miera parcel (north)
Former Miera parcel (south)
Vacant lot (city land swap for substation)
Howa Offices, N
42 S. 600 W.15-01-104-004-0000
15-01-104-014-0000
15-01-104-013-0000
15-01-104-015-0000
15-01-103-023-0000
15-01-103-021-0000
15-01-103-022-0000
15-01-103-017-0000
15-01-103-005-0000
15-01-103-020-0000
15-01-107-042-0000
15-01-107-041-0000
15-01-107-034-0000
15-01-107-035-0000
15-01-107-036-0000
15-01-107-037-0000
15-01-107-038-0000
15-01-107-039-0000
15-01-107-040-0000
0.15
0.27
0.31
0.08
0.34
0.37
0.5
N/A
622 W. 100 S.
624 W. 100 S.
626 W. 100 S.
632 W. 100 S.
636 W. 100 S.
648 W. 100 S.
650 W. 100 S.
652 W. 100 S.
662 W. 100 S.
663 W. 100 S.
663 W. 100 S.
657 W. 100 S.
655 W. 100 S.
653 W. 100 S.
651 W. 100 S.
633 W. 100 S.
633 W. 100 S.
625-627 W. 100 S.
Leased: gardens - Green Team
job training; storage units -
multiple tenants
2008 Included as part of the Salt Lake Central
Station area plan16 Central Station (North)2.33 GMU T-1 Use Study
0.13
0.08
0.1
2022
2021
N/A
0.25
0.25
0.2
Howa Offices, S
Howa Yard 1
Howa Yard 2 0.01
0.16
0.16
0.34
0.19
0.22
Included as part of the Salt Lake Central
Station area plan17 Central Station (South)Howa Yard 3 1.78 GMU T-2 2008 Use Study Leased to Utah Art Alliance
Howa Yard 4
Howa Yard 5
Howa Paint Shop
Howa Yard E
TOTAL
TOTAL
# of Project Properties: 10 # of Acres:15.35 # of Parcels: 46
NORTH TEMPLE
19 Folsom Trail Property Vacant building (former Schovaers Electronics)22 S JEREMY ST 15-02-204-007-0000 0.34 0.34 TSA-UN T-2 2023 Use Study N/A To be determined
# of Project Properties:1 # of Acres:0.34 # of Parcels: 1
RDA‐Owned Properties ‐ Page 2 of 3
Semi-Annual Property Report | November 2023
Project Area/Property Description Assessor Address Parcel ID Acres/Total Zoning Tier Acquired Use Status Interim Use Proposed Reuse
SUGAR HOUSE
20 Street Car Traction Power Substation Site
21 S-Line Greenway
S-Line Facility 1015 E. Sugarmont Dr.16-20-205-021-0000 0.06 0.06
0.04
R-1-5000 T-1
T-1
2012 Permanent Use S-Line Facility N/A
N/AS-Line/Parley's Trail Greenway 2211 S. 900 E 16-20-135-021-0000
16-20-252-008-0000
16-20-252-001-0000
0.04
0.85
0.32
FB-SE 2013
2012
Permanent Use S-Line/Parley's Trail Greenway
Construction staging for
adjacent developmentRetail building and parking (former DI)
Former Sugarhouse Fire Station (West)
2234 S. Highland Dr.
1085 E. Simpson Ave.
CSHBD1
N/A RDA staff is working through due diligence
and considering options and schedule for
marketing property.
22 Sugarmont Plaza 1.61 T-1 Use StudyFormer Sugarhouse Fire Station (East)
SLC Facilities Maint. Bldg.
1085 E. Simpson Ave.
1113 E. Simpson Ave.
16-20-252-002-0000
16-20-252-003-0000
0.14
0.21
N/A
PL 2021 SLC Facilities Dept.
East Parking Area 1104 E. Sugarmont Dr.16-20-252-005-0000 0.09 N/A
TOTAL
TOTAL
# of Project Properties: 3 # of Acres:1.71 # of Parcels: 7
2005
WEST CAPITOL HILL
23 Marmalade Development Marmalade Lot 1 - Future Park
Vacant Land
524 N. 300 W.08-36-205-044-0000
08-36-206-011-0000
0.56
0.11
0.56 R-MU T-1
T-1
Permanent Use N/A
N/A
Future Park
Single family home. Preparing RFP for
construction.24 524 N. Arctic Ct.524 N. Arctic Ct.0.11 SR-1A 2015 Active Disposition
# of Project Properties: 2 # of Acres:0.67 # of Parcels: 2
WEST TEMPLE GATEWAY
15-12-206-013-6000
15-12-206-013-2000
15-12-206-015-6000
0.1
0.1
0.09
Vacant shop and apartment (formally T&G Upholstery)745 S. 300 W.
Vacant land (formally A&E Generator, N. yard)
Vacant land
252 W. Montrose Ave.
254 W. Montrose Ave.*The 2.16 acres includes a private street with
unclear ownership. Removing the private15-12-206-017-0000 0.1 Leased shop and storage to
15-12-206-016-6000
15-12-206-016-2000
0.09
0.09
Bulldog Sheetmetal Fabrication street from acreage totals, reduces the total toBuilding (Bulldog Sheet Metal)
Vacant land and storage building (formally DeVroom)
Vacant land
244-246 W. Montrose Ave.
753 S. 300 W.
less than 2 acres, classifying the assemblage
as a Tier 2 property. RDA staff is working
through the street issues and will market
property once a path forward has been
determined.
25 W. Montrose Ave.2.16 FBUN-2 T-1*2008 Use Study
15-12-207-001-0000 0.34
244 W. 800 S.15-12-207-012-0000
15-12-206-015-2000
15-12-207-013-0000
15-12-207-002-0000
0.1
252 W. Montrose Ave.
264 W. 800 S.
0.09
0.84
0.22
NAVacant building (formally A&E Generator)
Vacant land (formally Zaxx Car Wash)765 S. 300 W.
TOTAL # of Project Properties: 1 # of Acres:2.16 # of Parcels: 11
COMBINED TOTALS # of Project Properties: 24 # of Acres:51.12 # of Parcels: 87
RDA‐Owned Properties ‐ Page 3 of 3
