HomeMy WebLinkAbout02/10/2026 - MinutesThe Board of Directors of the Community Reinvestment Agency (CRA) of Salt Lake City met
on Tuesday, February 10, 2026.
The following Board Members were present:
Alejandro Puy, Victoria Petro, Chris Wharton, Eva Lopez Chavez, Erika Carlsen, Daniel Dugan,
Sarah Young
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, Thais Stewart – Deputy City
Recorder, DeeDee Robinson – Minutes & Records Clerk, Scott Corpany – Staff Assistant, Taylor
Hill – District Liaison/Policy Specialist, Jennifer Bruno – Executive Director, Tracy Tran – CRA
Senior Project Manager, Lauren Parisi – CRA Senior Project Manager, Ashley Ogden – CRA
Senior Project Manager, Kate Werrett – Budget & Policy Analyst, Amy Reid – Public Lands
Landscape Architect, Lehua Weaver – Council Deputy Director
Director Dugan presided at the meeting.
The meeting was called to order at 2:06 p.m.
MINUTES OF THE COMMUNITY REINVESTMENT AGENCY OF SALT LAKE CITY
Tuesday, February 10, 2026
1
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.)
Public Comment:
Lily White said she was interested in discussing the Fleet Block Mural Project with
Board Members, noting she had lived near the block and was familiar with its history.
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.Community Reinvestment Agency Business - the CRA Board of Directors will
receive information and/or hold discussions and/or take action on:
1.Resolution: NWQ, LLC Tax Increment Reimbursement Request ~ 2:05 p.m.
30 min.
The Board will receive a briefing and consider adopting a resolution authorizing a
property tax increment reimbursement of up to $1,544,202 to NWQ, LLC for its Phase IV
of development for improvements in the Northwest Quadrant Community Reinvestment
Area. If approved, the developer will receive a percentage of the tax increment generated
from Phase IV of its development for a specified timeframe, and the CRA will receive the
residual tax increment for other project area development activities, CRA
Administration, and affordable housing. The developer may only receive a
reimbursement after the improvements are made and the property generates sufficient
tax increment, with reimbursements subject to verification of the actual costs incurred by
the developer.
This item was moved to a future meeting.
2.
MINUTES OF THE COMMUNITY REINVESTMENT AGENCY OF SALT LAKE CITY
Tuesday, February 10, 2026
2
Resolution: USA Climbing at Rio Grande District – Salt Lake
Mattress Company Building ~ 2:35 p.m.
20 min.
The Board will receive a briefing and consider adopting a resolution approving
modifications to the term sheet for the USA Climbing project, which includes the Salt
Lake Mattress Company building. While the Board previously approved terms for the
disposition of CRA-owned property for USA Climbing’s headquarters and national
training center, further evaluation found the Mattress Company building would require
additional structural reinforcement, increasing project costs to $7.3 million. USA
Climbing cannot absorb costs beyond the $6 million provided by the CRA. As an
alternative, USA Climbing proposed reconstructing the building using concrete masonry
block clad with the historic brick, which would require an additional $250,000. The
Board will discuss the adaptive reuse and reconstruction options.
Summary:
Kate Werrett provided an introduction. Ashley Ogden provided information regarding
the proposed term amendment and next steps.
Directors and staff discussed:
•Prior policy goals of the Board to have the Salt Lake Mattress Building warehouse
historically preserved
•Financial viability of the project, as concerns arose about the additional $250k
request for funding
•Alternatives to rebuilding the Salt Lake Mattress Building, apart from the two
options provided
Director Requests:
Director Lopez Chavez, in regard to the Salt Lake Mattress Building rebuild, requested
potential costs involved to design a building with a brick facade including an analysis to
show what a contemporary design could look like.
Director Carlsen requested a status update on Climbing USA’s fundraising efforts to
construct the larger national training center project.
Director Dugan suggested small group meetings to discuss the item further prior to
voting.
3.Informational: Update on the Tenant Wealth Building Partnership
with the Perpetual Housing Fund
~ 2:55
p.m.
30 min.
The Board will receive a briefing about the Tenant Wealth Building Partnership with the
Perpetual Housing Fund of Utah. In August 2023, the Board approved a resolution and
term sheet to provide $10,000,000 in American Rescue Plan Act funds to the Perpetual
Housing Fund for a tenant wealth building initiative. The first development project using
MINUTES OF THE COMMUNITY REINVESTMENT AGENCY OF SALT LAKE CITY
Tuesday, February 10, 2026
3
these funds includes several floors of a larger building at approximately 515 East 100
South. These affordable units target households earning 25% to 50% of the area median
income.
Summary:
Tracy Tran provided an introduction and information regarding the allocation of $10M in
American Rescue Plan Act (ARPA) funds to the Perpetual Housing Fund for a tenant
wealth building partnership.
Chris Parker (Director, Perpetual Housing Fund of Utah, and Giv Group) provided
information regarding Arbor 515 Tower, noting that half the building contained 3-4 unit
housing, details of the occupants of the building (residences and businesses), proposals
for a new structure behind the current building that would replace the current parking
structure, and various other affordable housing projects across the city.
4.Straw Poll: Transferring CRA Funds to Jefferson Park ~ 3:25 p.m.
20 min.
The Board will receive a briefing and consider a straw poll on whether to transfer
$150,000 from the CRA’s State Street project area to the Department of Public Lands to
fund enhancements to Jefferson Park at approximately 1100 South and West Temple.
These funds would support elements such as a wet meadow, lighting, seating and signage
to increase the park’s sense of place. Approximately $1,280,000 in additional funding
has already been allocated to Jefferson Park from the Parks GO Bond and CIP funds.
Summary:
Lauren Parisi provided an introduction and detailed the recommendation to revise the
allocation for the project to $300k instead of the $150k.
Amy Reid provided information regarding what changes the park would undergo, history
of the park including a school and now as a detention basin, shared goals to make the
park safer, CRA’s investment in the park, and how new elements of Crime Prevention
Through Environmental Design (CPTED) would be incorporated throughout the park.
Director Requests:
Council Member Puy requested more information on what $300k would pay for and how
it would affect remaining balances for the CRA, if at all. Lauren Parisi said balances
within the State Street Infrastructure account were healthy and CRA was comfortable
contributing the $300k to the park. Amy Reid said the information about new park
elements could not be shared publicly at this time and would provide the Board with
more details via email.
Straw Poll:
Support to approve allocating $300,000 from the “State Street Infrastructure
Improvements” category to a new CRA category called “Jefferson Park .” All Directors
present were in favor, with Director Wharton absent for the poll.
MINUTES OF THE COMMUNITY REINVESTMENT AGENCY OF SALT LAKE CITY
Tuesday, February 10, 2026
4
Director Wharton left the meeting during this item.
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.
Item not held.
6.Report of the Chair and Vice Chair TENTATIVE
5 min.
Report of the Chair and Vice Chair.
Director Lopez Chavez offered congratulations to Victory Heights for their opening
today.
7.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,
•Staff Updates, and
•Scheduling Items.
Summary:
Cara Lindsley provided updates regarding Folsom Trail Daylighting; and the North
Temple Mural Program, and notified the Board of Lauren Parisi’s departure from the
department and detailed many of her accomplishments during her time with the CRA.
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: Folsom Trail Project Updates Written Briefing
-
The Board will receive a written briefing updating them on the Folsom Trail Landscaping
and Irrigation project. Currently, the Department of Public Lands and the CRA are
MINUTES OF THE COMMUNITY REINVESTMENT AGENCY OF SALT LAKE CITY
Tuesday, February 10, 2026
5
coordinating on the City Creek Daylighting project. The project has received State grant
funding and CRA funding to complete the daylighting, and the CRA will continue to
collaborate with Public Lands and Public Utilities to issue an RFP for a consultant to
finalize the plans.
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 Meeting
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:
(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.
Item not held.
MINUTES OF THE COMMUNITY REINVESTMENT AGENCY OF SALT LAKE CITY
Tuesday, February 10, 2026
6
Adjournment G.
MINUTES OF THE COMMUNITY REINVESTMENT AGENCY OF SALT LAKE CITY
Tuesday, February 10, 2026
7
Meeting adjourned at 3:58 p.m.
Minutes Approved: May 12, 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, February 10, 2026 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, February 10, 2026
8
Daniel Dugan (May 17, 2026 15:35:29 MDT)
*Approved May 12, 2026* - February 10, 2026
CRA Minutes
Final Audit Report 2026-05-18
Created:2026-05-15
By:DeeDee Robinson (deedee.robinson@slc.gov)
Status:Signed
Transaction ID:CBJCHBCAABAAgYbjFFDEVkrpp9HtadzpjsCWwPJsGUBp
"*Approved May 12, 2026* - February 10, 2026 CRA Minutes" Hi
story
Document created by DeeDee Robinson (deedee.robinson@slc.gov)
2026-05-15 - 2:31:48 PM GMT
Document emailed to Daniel Dugan (daniel.dugan@slc.gov) for signature
2026-05-15 - 2:32:48 PM GMT
Email viewed by Daniel Dugan (daniel.dugan@slc.gov)
2026-05-17 - 9:35:19 PM GMT
Document e-signed by Daniel Dugan (daniel.dugan@slc.gov)
Signature Date: 2026-05-17 - 9:35:29 PM GMT - Time Source: server - Signature Appearance Selected: DRAW
Document emailed to Keith Reynolds (Keith.Reynolds@slc.gov) for signature
2026-05-17 - 9:35:31 PM GMT
Email viewed by Keith Reynolds (Keith.Reynolds@slc.gov)
2026-05-18 - 2:26:32 PM GMT
Document e-signed by Keith Reynolds (Keith.Reynolds@slc.gov)
Signature Date: 2026-05-18 - 2:26:47 PM GMT - Time Source: server - Signature Appearance Selected: IMAGE
Agreement completed.
2026-05-18 - 2:26:47 PM GMT