06/28/2019 - Minutes MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
SPECIAL LIMITED MEETING
FRIDAY, JUNE 28 , 2019
The Board of Directors of the Redevelopment Agency (RDA) of Salt Lake
City, Utah, met in a Special Limited Meeting on Friday, June 28, 2019 in
Room 326, Committee Room, City County Building, 451 South State .
In Attendance: Directors Erin Mendenhall, Amy Fowler, Chris Wharton,
Charlie Luke, Analia Valdemoros, Andrew Johnston, and James Rogers .
Staff in Attendance: Jennifer Bruno, Council Executive Deputy Director;
Patrick Leary, Mayor' s Chief of Staff; David Litvack, Mayor' s Deputy
Chief of Staff; Danny Walz, RDA Chief Operating Officer; Lynn Pace,
Acting City Attorney; Lara Fritts, Economic Development Director;
Jennifer McGrath, Interim Community and Neighborhoods Director; Mary
Beth Thompson, Chief Financial Officer; Benjamin Luedtke, Council Public
Policy Analyst; and Cindi Mansell, City Recorder.
Director Fowler presided at and conducted the meeting.
The meeting was called to order at 12 : 09 p.m.
REDEVELOPMENT AGENCY BUSINESS
#1 . 12:09:45 PM Reconsideration of a Resolution relating to the RDA
Budget for Fiscal Year 2019-20 . The Board will reconsider adopting, and
may discuss, items related to the RDA budget resolution (Resolution R-
9-2019) for Fiscal Year 2019-20, for the purpose of potentially
overriding budget items vetoed by Executive Director Jackie Biskupski .
View Attachments
Director Luke moved and Director Johnston seconded to open
discussion to reconsider the vetoed line item appropriation in the Fiscal
Year 2019-2020 adopted budget, which motion carried, all directors voted
aye .
Mayor's Veto 1 . Transfer of $2. 59 million dollars from Housing Trust
Fund (HTF) to the Redevelopment Agency (Referenced in section 4.E. 3.b of
the Salt Lake City Budget ordinance and in Section A of the Redevelopment
Agency Budget Resolution) .
Following the two budget public comment periods, the City Council began
discussing an option to move the Funding I recommended for the HTF to
the RDA for affordable housing programs. This represents a significant
shift in City policy and function, without appropriate public input.
Practically, this adjustment will leave the HTF without funding once the
final loan is issued to help Lincoln Towers, a senior housing
development, renovate their building.
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MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
SPECIAL LIMITED MEETING
FRIDAY, JUNE 28 , 2019
Like all loans made by the HTF, the Lincoln Towers financing was approved
in an open and transparent manner. The loan was vetted by the City's
resident-based Housing Trust Fund Board, and later approved by the City
Council.
Under this transparent and effective model, the City has allocated
$11, 038,250 since March 2016, adding 992 units of affordable housing to
the market and preserving an additional 303 affordable units.
Prior to voting for this change, the City Council indicated that
efficiency and transparency were paramount concerns for this funding.
The current HTF process which makes critical financing available for
affordable housing developments - particularly for those targeting very
low-income individuals or individuals exiting homelessness - clearly
meets these criteria.
Shifting the funding to the RDA through an as-of-yet defined process
will inevitably slow down the delivery of this critical financing. With
the region poised to begin implementing a new service model for
homelessness, now is not the time to create any delays in bringing
additional affordable housing online.
I respectfully ask the City Council to maintain this veto and allow the
proven and effective HTF model to continue this coming fiscal year, while
the Administration and Council discuss the intentions of both bodies and
receive feedback from those impacted by this change.
Director Luke moved and Director Rogers seconded to re-approve RDA
Resolution R-9-2019 and specifically, to override the $2 . 59 million-line
item appropriation veto for Land Discounts and Financing (this item is
referred to as "Veto 1" in the June 24 , 2019 Veto Statement and included
above for reference) , which motion carried, all directors voted aye .
The meeting adjourned at 12 : 11 p.m.
Redevelopment Agency Chair
Secretary
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MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
SPECIAL LIMITED MEETING
FRIDAY, JUNE 28 , 2019
This document is not intended to serve as a full transcript as
additional discussion may have been held; please refer to the audio or
video for entire content pursuant to Utah Code §52-4-203 (2) (b) .
This document along with the digital recording constitute the
official minutes of the Salt Lake City Redevelopment Agency Special
Limited meeting held June 28, 2019 .
clm
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