HomeMy WebLinkAbout10/14/2025 - MinutesThe Board of Directors of the Community Reinvestment Agency (CRA) of Salt Lake City met
on Tuesday, October 14, 2025.
The following Board Members were present:
Victoria Petro, Daniel Dugan, Sarah Young, Chris Wharton, Alejandro Puy, Darin Mano
The following Board Members were absent:
Eva Lopez Chavez
Present Agency Leadership:
Jill Love – Chief Administrative Officer, Danny Walz – Director, Cara Lindsley – Deputy
Director
Present City Staff:
Mark Kittrell – City Attorney, Keith Reynolds – City Recorder, DeeDee Robinson – Minutes &
Records Clerk, Taylor Hill – Constituent Liaison/Policy Analyst, Scott Corpany – Staff Assistant,
Lindsey Nikola – Deputy Chief of Staff, Kate Werrett – Budget & Policy Analyst, Tracy Tran –
Project Manager, Marcus Lee – CRA Project Coordinator, Kristina Harrold – CRA Project
Manager, Browne Sebright – CRA Project Manager, Taylee Foulger – CRA Project Manager
Director Mano presided at and conducted the meeting.
The meeting was called to order at 2:05 p.m.
MINUTES OF THE COMMUNITY REINVESTMENT AGENCY OF SALT LAKE CITY
Tuesday, October 14, 2025
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Comments:A.
1.General Comments to the Board ~ 2:00 p.m.
5 min.
The CRA Board of Directors will receive public comments regarding Community
Reinvestment Agency business in the following formats:
1.Written comments submitted to the CRA Board offices: 451 South State Street,
Suite 304, P.O. Box 145476, Salt Lake City, UT. 84114-5476.
2.Comments to the CRA Board of Directors. (Comments are taken on any item not
scheduled for a public hearing, as well as on any other CRA Business. Comments
are limited to two minutes.)
There were no public 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: CRA Budget Amendment No.1 for Fiscal Year 2025-26 -
-
The Board will accept public comment about a resolution that would amend the final
budget of the Community Reinvestment Agency of Salt Lake City for Fiscal Year 2025-26.
Budget amendments happen several times each year to reflect adjustments in the
Community Reinvestment Agency’s budget, including proposed project additions and
modifications, and staffing changes. The amendment consolidates multiple funding
sources into the proposed Disaster Relief Loan Program (DRLP) and the Commercial
Development Loan Program, among other items.
Summary:
Kate Werrett provided a brief introduction.
There were no public comments.
Motion:
Moved by Director Dugan, seconded by Director Wharton to close the public
hearing.
AYE: Victoria Petro, Daniel Dugan, Sarah Young, Chris Wharton, Darin Mano
ABSENT: Alejandro Puy, Eva Lopez Chavez
Final Result: 5 – 0 Pass
MINUTES OF THE COMMUNITY REINVESTMENT AGENCY OF SALT LAKE CITY
Tuesday, October 14, 2025
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C.Community Reinvestment Agency Business - The CRA 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 3, 2025, and June 10, 2025.
Motion:
Moved by Director Dugan, seconded by Director Young to approve the
meeting minutes of June 3, 2025 and June 10, 2025.
AYE: Victoria Petro, Daniel Dugan, Sarah Young, Chris Wharton, Darin Mano
ABSENT: Alejandro Puy, Eva Lopez Chavez
Final Result: 5 – 0 Pass
2.Resolution: Disaster Relief Loan Program Follow-up ~ 2:10 p.m.
10 min.
The Board will receive a follow-up briefing and consider approving a resolution that
would adopt the Disaster Relief Loan Program Policy. The proposal would provide
immediate financial assistance to targeted businesses and property owners who have
suffered significant damage or destruction due to fire, flooding, earthquakes, or storms.
Summary:
Kate Werrett provided an introduction to the briefing.
Danny Walz indicated the CRA was seeking approval from the Board for the proposed
program, provided details on the 12-month period from qualifying event to application
submittal, and noted the conditional letter of approval could include a time frame in
which rebuilding work needed to be completed.
Directors and Danny Walz discussed goals of the program, allowance for participating
businesses to rebuild and return to work expeditiously, and differences between the CRA
funds and Council (Economic Development Loan Fund) funds for this program.
Directors were in agreement that the program was a way to help the Main Street
businesses rebuild and return to work as fast as possible.
Motion:
Moved by Director Dugan, seconded by Director Young to adopt Resolution
14 of 2025, approving the creation of the Disaster Relief Program.
AYE: Victoria Petro, Daniel Dugan, Sarah Young, Chris Wharton, Darin Mano
ABSENT: Alejandro Puy, Eva Lopez Chavez
Final Result: 5 – 0 Pass
MINUTES OF THE COMMUNITY REINVESTMENT AGENCY OF SALT LAKE CITY
Tuesday, October 14, 2025
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3.Resolution: CRA Budget Amendment No.1 for Fiscal Year 2025-
26 Follow-Up ~ 2:20 p.m.
5 min.
The Board will receive a follow-up briefing and consider adopting a resolution that would
amend the final budget of the Community Reinvestment Agency of Salt Lake City for
Fiscal Year 2025-26. Budget amendments happen several times each year to reflect
adjustments in the Community Reinvestment Agency’s budget, including proposed
project additions and modifications, and staffing changes. The amendment consolidates
multiple funding sources into the proposed Disaster Relief Loan Program (DRLP) and
the Commercial Development Loan Program, among other items.
Summary:
Kate Werrett provided an introduction.
Danny Walz provided details of the budget amendment (just over $14.4M), including the
intent for funding to be available for disbursement through the Commercial Development
Loan Program (CDLP) ($9.4M) and the Disaster Relief Loan Program (DRLP) ($5M).
Directors and Staff discussed fund distribution after a project area expired with
clarification that funds could only be used in the expired project area or on citywide
housing.
Motion:
Moved by Director Dugan, seconded by Director Wharton to adopt
Resolution 15 of 2025, approving the first amendment of the Fiscal Year
2026 budget of the Salt Lake City Community Reinvestment Agency.
AYE: Victoria Petro, Daniel Dugan, Sarah Young, Chris Wharton, Darin Mano
ABSENT: Alejandro Puy, Eva Lopez Chavez
Final Result: 5 – 0 Pass
4.Resolution: Modifications of Loan Terms for Book Cliffs Lodge
Affordable Housing Construction
~ 2:25
p.m.
20 min.
The Board will receive a briefing and consider approving a proposal to modify three
existing City loans for the Book Cliffs Lodge affordable housing project, at 1159 South
West Temple. Working with the Housing Authority Management Enterprise (HAME) of
Salt Lake City, the Community Reinvestment Agency (CRA) proposes to standardize and
clarify the terms of these loans, since they were awarded through different City processes
in 2018, 2023, and 2024. If the Board chooses to modify the loans, which total $4.74
million, all three would have 40-year terms at 2.5% interest and cash-flow repayments,
and they would comply with the terms of the 2024 Housing Development Loan Program
(HDLP).
MINUTES OF THE COMMUNITY REINVESTMENT AGENCY OF SALT LAKE CITY
Tuesday, October 14, 2025
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Summary:
Director Mano disclosed his service on the Board of the Housing Authority, of which
Housing Authority Management Enterprise (HAME) was a subsidiary of.
Allison Rowland provided an introduction.
Kristina Harrold and Tracy Tran provided an overview of the history of the
project/funding sources, proposed amended terms, and considerations for the Board.
Director Mano spoke to the project’s loan history, being a mixed-income project, and
partnership details for additional context.
Directors and Staff discussed the affordability structure of the units and the availability
of project-based vouchers.
Motion:
Moved by Director Dugan, seconded by Director Wharton to adopt
Resolution 16 of 2025, amending and aligning loan terms for Book Cliffs
Lodge.
AYE: Victoria Petro, Daniel Dugan, Sarah Young, Chris Wharton, Darin Mano
ABSENT: Alejandro Puy, Eva Lopez Chavez
Final Result: 5 – 0 Pass
5.Resolution: Partnership with NeighborWorks Salt Lake for Shared
Equity Workforce Housing – Sustainability Waiver Request
~ 2:45
p.m.
20 min.
The Board will receive a briefing and consider adopting a resolution that would approve
the proposed amended and restated term sheet for NeighborWorks Salt Lake for the
Maltair Lanes development, at 1002 West 200 South, and the Stanbridge development at
319 North 800 West. In the resolution, the Board is asked to waive the threshold
requirements for Enhanced Energy Performance (including participation in the City's
Elevate Buildings Program) and for Emission-Free Building Operation to enable the use
of natural gas for HVAC systems only. The $2.1 million in CRA Funds would be provided
to NeighborWorks for acquisition reimbursement, hard construction costs, site
improvements, and related soft costs to develop the projects.
Summary:
Director Puy joined the meeting during this agenda item.
Browne Sebright and Tracy Tran provided information regarding:
MINUTES OF THE COMMUNITY REINVESTMENT AGENCY OF SALT LAKE CITY
Tuesday, October 14, 2025
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•Background of the project
•Sustainability policy details (applicable to all projects that received CRA funds)
•Waiver request details for the Maltair Lanes project
•NeighborWorks submission details (scoring 69 ENERGY STAR rating, below the
90 ENERGY STAR requirement)
•The waiver for Maltair Lanes being the first housing development that would not
meet the sustainability policy since adoption
•Considerations for the Board
Cara Lindsley provided clarification on ENERGY STAR 90 designation/calculation and
how the score was calculated for the Maltair project.
Dave Foster (NeighborWorks) described the history of the Maltair project’s design
process, the current permitting process, and goals for the future Stanbridge project to
fully meet the needs of the sustainability policy.
Directors discussed the importance of this waiver request being an exception and not a
precedence, due to the late stages of development and rising inflationary costs.
Director Requests:
Director Petro requested a review on how the sustainability ordinance could be modified
so that it did not hinder needed housing, while maintaining the sustainability goals of the
CRA.
Director Puy requested more information regarding the current CRA sustainability goals
and if they were achievable for smaller developments.
Director Dugan offered a friendly amendment to the motion, adding to the legislative
intent, the consideration for upfront versus lifecycle costs to the tenant. Both the mover
(Director Wharton) and the seconder (Director Petro) agreed to the amended motion.
Motion:
Moved by Director Wharton, seconded by Director Petro to adopt Resolution
17 of 2025, approving the amended and restated term sheet for
NeighborWorks Salt Lake, with a legislative intent that CRA staff study
sustainability requirements for smaller developments, with consideration
for upfront versus lifecycle costs to tenants.
AYE: Victoria Petro, Sarah Young, Chris Wharton, Alejandro Puy, Darin Mano
NAY: Daniel Dugan
ABSENT: Eva Lopez Chavez
Final Result: 5 – 1 Pass
6.Resolution: Salt Lake Central Housing and Transit Reinvestment
Zone Interlocal Agreement
~ 3:05
p.m.
20 min.
MINUTES OF THE COMMUNITY REINVESTMENT AGENCY OF SALT LAKE CITY
Tuesday, October 14, 2025
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The Board will receive a briefing and consider adopting the proposed Salt Lake Central
Housing and Transit Reinvestment Zone (HTRZ) Interlocal Agreement to authorize the
sharing of tax increment between Salt Lake City and the Salt Lake City Community
Reinvestment Agency. The State code requires the City and CRA to enter into an
interlocal agreement to release funds to the project area. The HTRZ Plan outlines the
participating taxing entities, tax increment participation rates, the term of tax increment
collection, and the planned utilization of tax increment funds in the project area.
Summary:
Marcus Lee and Kate Werrett provided information regarding:
•Objectives and requirements within HTRZ zones
•Details of the Salt Lake Central HTRZ map
•Salt Lake Central HTRZ approval term details (approved by the State HTRZ
committee on May 1, 2025)
•Next steps for Phases I and II tax increment collection details
•Amending details of the HTRZ if a Frontrunner station was relocated within the
project area
Motion:
Moved by Director Dugan, seconded by Director Petro to adopt Resolution
18 of 2025, approving the Salt Lake Central HTRZ Interlocal Agreement
between Salt Lake City and The Salt Lake City Community Reinvestment
Agency.
AYE: Victoria Petro, Daniel Dugan, Sarah Young, Chris Wharton, Alejandro Puy, Darin
Mano
ABSENT: Eva Lopez Chavez
Final Result: 6 – 0 Pass
7.Informational: Tier 1 Pre-Disposition Report for Sugar House
Properties ~ 3:25 p.m.
20 min.
The Board will receive a briefing about plans for the disposition of the properties at 1085
East Simpson Drive and 2234 South Highland Drive, in the former Sugar House Project
Area, to Salt Lake City to use as right-of-way for the extension of the S-Line. The
disposition and redevelopment of the property is one of the last actions for the CRA to
complete before dissolving the project area. The briefing includes the property’s reuse
plan, the method of disposition, and the suggested timeline of disposition, as well as
other information relevant to the disposition of the property.
Summary:
Tracy Tran provided information regarding the overview/background of the S-Line and
MINUTES OF THE COMMUNITY REINVESTMENT AGENCY OF SALT LAKE CITY
Tuesday, October 14, 2025
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CRA properties, details of the S-Line alignment and current design plan, the pre-
disposition report, and next steps/timeline of the process.
Directors and Staff discussed support for the project and the best way for community
members to share their feedback during the request for proposal (RFP) process.
8.Resolution: CRA Budget Amendment No.2 for Fiscal Year 2025-
26 ~ 3:45 p.m.
30 min.
The Board will receive a briefing about a resolution that would amend the final budget of
the Community Reinvestment Agency of Salt Lake City for Fiscal Year 2025-26. Budget
amendments happen several times each year to reflect adjustments in the Community
Reinvestment Agency’s budget, including proposed project additions and modifications,
and staffing changes. The amendment includes reallocating funding from the Depot
District Infrastructure Improvements Program and Program Income Fund to the Depot
District Infrastructure Property Acquisition Program, among other items.
Summary:
Danny Walz provided information regarding proposed budget amendment details
(reallocating existing funds for the acquisition of property), the proposed acquisition
allowing the CRA to further infrastructure and rights-of-way design for the Depot
District, and current versus proposed project budget details.
Directors and Staff discussed if the Depot District project was on track to finalize all
infrastructure/property acquisition needs and the newly adopted HTRZ interlocal
agreement being a major funding mechanism (most likely through bonding) to build out
infrastructure for the Depot District project.
9.Straw Poll: 9-Line Property Construction Related Supplies and
Services ~ 4:15 p.m.
10 min.
The Board will receive a briefing on a request to straw poll the use of $600,000 from 9-
Line Strategic Intervention Funds for construction-related supplies and services on a
Community Reinvestment Agency-owned development site.
Summary:
Austin Taylor introduced the Straw Poll.
Straw Poll:
Support for the use of $600,000 from 9-Line Strategic Intervention Funds for
MINUTES OF THE COMMUNITY REINVESTMENT AGENCY OF SALT LAKE CITY
Tuesday, October 14, 2025
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construction-related supplies and services on a CRA-owned development site. All
Directors present were in favor, with Director Lopez Chavez absent.
10.Straw Poll: 9-Line Project Area West Side Public Art
Installation ~ 4:25 p.m.
10 min.
The Board will receive a briefing on a request to straw poll the use of an additional
$50,000 from the 9-Line Fund Arts and Culture Program appropriation. $400,000 has
been previously allocated, bringing the project total to $450,000 to complete the iconic
west side public art installation.
Summary:
Browne Sebright introduced the Straw Poll.
Renato Olmedo-González provided information relating to what the requested funding
would be used for including design fees, structural engineering, consultation fees,
materials, insurance, fabrication, honorarium, etc.
Straw Poll:
Support for additional $50,000 from the 9-Line Fund Arts and Culture Program
appropriation for a project total of $450,000 to complete the iconic westside public art
installation. All Directors present were in favor, with Director Lopez Chavez absent for
the poll.
11.Report and Announcements from the Executive Director TENTATIVE
5 min.
Report of the Executive Director, including a review of information items,
announcements, and scheduling items. The Board of Directors may give feedback or
policy input.
Item not held.
12.Report of the Chair and Vice Chair TENTATIVE
5 min.
Report of the Chair and Vice Chair.
Summary:
MINUTES OF THE COMMUNITY REINVESTMENT AGENCY OF SALT LAKE CITY
Tuesday, October 14, 2025
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Director Mano announced three upcoming activities in the Ballpark neighborhood:
•October 15, 2025 – Community discussion regarding the future development of
the ballpark site led by the Ballpark Action Team located at The Hearth
•October 16, 2025 – Celebration for the CRA funded ballpark murals held at Big
Willies, 5:00 p.m.
•October 17, 2025 – Grand opening of the CRA funded futsal courts underneath
the State Street overpass in the Central 9 neighborhood
13.Report and Announcements from CRA 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.
Summary:
Danny Walz and Taylee Folger provided the following updates:
•Ballpark Mural Program
•Housing Development Loan Program (HDLP) Notice of Funding Availability
(NOFA) released this week
•Residential Wealth Building Pilot Program NOFA released this week
•Liberty Corner Multi-family Community at 265 West 1300 South groundbreaking
was held on September 30, 2025 (a CRA funded project)
•Ribbon cutting for the Perpetual Housing Fund of Utah’s 515 Tower to be held
October 30, 2025 (a CRA funded project)
Director Request:
Director Mano requested an update on the 515 Tower, including current financing
status, anticipated project next steps, the availability of funding, and expected tenant
outcomes.
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:
th
MINUTES OF THE COMMUNITY REINVESTMENT AGENCY OF SALT LAKE CITY
Tuesday, October 14, 2025
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NONE.
E.Consent – the following items are listed for consideration by the Board and can be
discussed individually upon request. A motion to approve the consent agenda is
approving all of the following items:
1.Set Date – Resolution: CRA Budget Amendment No.2 for Fiscal Year 2025-
26 -
-
The Board will set the date of Tuesday, November 18, 2025 at 2 p.m. to accept public
comment and consider approving a resolution that would amend the final budget of the
Community Reinvestment Agency of Salt Lake City for Fiscal Year 2025-26. Budget
amendments happen several times each year to reflect adjustments in the Community
Reinvestment Agency’s budget, including proposed project additions and modifications,
and staffing changes. The amendment includes reallocating funding from the Depot
District Infrastructure Improvements Program and Program Income Fund to the Depot
District Infrastructure Property Acquisition Program, among other items.
Motion:
Moved by Director Wharton, seconded by Director Dugan to approve the Consent
Agenda.
AYE: Victoria Petro, Daniel Dugan, Sarah Young, Chris Wharton, Alejandro Puy, Darin Mano
ABSENT: Eva Lopez Chavez
Final Result: 6 – 0 Pass
F.
Tentative Closed Session
The Board will consider a motion to enter into Closed Meeting. 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:
MINUTES OF THE COMMUNITY REINVESTMENT AGENCY OF SALT LAKE CITY
Tuesday, October 14, 2025
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(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.
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.
Motion:
Moved by Director Petro, 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, including any form of a water right or water shares, if public
discussion of the transaction would: (i) disclose the appraisal or prevent the
public body from completing the transaction on the best possible terms and 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
AYE: Victoria Petro, Daniel Dugan, Sarah Young, Chris Wharton, Alejandro Puy, Darin Mano
ABSENT: Eva Lopez Chavez
Final Result: 6 – 0 Pass
Motion:
Moved by Director Dugan, seconded by Director Petro to exit the Closed Session.
AYE: Victoria Petro, Daniel Dugan, Sarah Young, Chris Wharton, Alejandro Puy, Darin Mano
ABSENT: Eva Lopez Chavez
Final Result: 6 – 0 Pass
Summary:
Meeting start time: 3:40 p.m.
Location – Work Session Room 326 with the option to join via Zoom.
Directors present in person: Chris Wharton, Victoria Petro, Dan Dugan, Darin Mano, and Sarah
Young. Director Alejandro Puy was online.
Additional Attendees: Jill Love, Lindsey Nikola, Jennifer Bruno, Lehua Weaver, Allison
Rolland, Lisa Hunt, Ben Luedtke, Jennifer Huntsman, Danny Walz, Tracy Tran, Mark Kittrell,
Browne Sebright, Austin Taylor, Moichael Sanders, Marcus Lee, Tammi Barker, Wayn White,
Cara Lindsley, Keith Reynolds, and Thais Stewart.
Meeting ended: 4:03 p.m.
MINUTES OF THE COMMUNITY REINVESTMENT AGENCY OF SALT LAKE CITY
Tuesday, October 14, 2025
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Adjournment G.
Meeting adjourned at 4:33 p.m.
Minutes Approved: March 10, 2026.
_______________________________
Community Reinvestment Agency Chair – Dan Dugan
_______________________________
City Recorder – Keith Reynolds
Please refer to Meeting Materials (available at https://data.slc.gov by selecting City Council
Meeting Information) 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 Community Reinvestment Agency meeting held Tuesday, October 14, 2025 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 COMMUNITY REINVESTMENT AGENCY OF SALT LAKE CITY
Tuesday, October 14, 2025
13
Daniel Dugan (Mar 17, 2026 06:57:56 MDT)
*Approved March 10, 2026* - October 14, 2025
CRA Minutes
Final Audit Report 2026-03-17
Created:2026-03-16
By:DeeDee Robinson (deedee.robinson@slc.gov)
Status:Signed
Transaction ID:CBJCHBCAABAAVj1d-xFwHw7897h1Xst53b_oCdjBEKEW
"*Approved March 10, 2026* - October 14, 2025 CRA Minutes"
History
Document created by DeeDee Robinson (deedee.robinson@slc.gov)
2026-03-16 - 3:23:51 PM GMT
Document emailed to Daniel Dugan (daniel.dugan@slc.gov) for signature
2026-03-16 - 3:25:24 PM GMT
Email viewed by Daniel Dugan (daniel.dugan@slc.gov)
2026-03-17 - 12:57:44 PM GMT
Document e-signed by Daniel Dugan (daniel.dugan@slc.gov)
Signature Date: 2026-03-17 - 12:57:56 PM GMT - Time Source: server
Document emailed to Keith Reynolds (Keith.Reynolds@slc.gov) for signature
2026-03-17 - 12:57:58 PM GMT
Email viewed by Keith Reynolds (Keith.Reynolds@slc.gov)
2026-03-17 - 10:52:40 PM GMT
Document e-signed by Keith Reynolds (Keith.Reynolds@slc.gov)
Signature Date: 2026-03-17 - 10:53:09 PM GMT - Time Source: server
Agreement completed.
2026-03-17 - 10:53:09 PM GMT