12/08/2020 - MinutesMINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
TUESDAY, December 8, 2020
20 - 1
The Board of Directors of the Redevelopment Agency (RDA) of Salt Lake
City, Utah, met on Tuesday, December 8, 2020 in an electronic meeting
pursuant to Chair determination and Salt Lake City Emergency Proclamation
No. 2 of 2020 (2)(b).
Full Audio Link
Virtual Attendance: Directors Amy Fowler, Daniel Dugan, Chris Wharton,
Andrew Johnston, James Rogers, and Darin Mano.
Absent: Analia Valdemoros.
Staff in Virtual Attendance: Cindy Gust-Jenson, Council Executive
Director; Jennifer Bruno, Council Executive Deputy Director; Erin
Mendenhall, Mayor; Danny Walz, RDA Chief Operating Officer; Katherine
Lewis, City Attorney; Cara Lindsley, RDA Project Manager; Tracy Tran,
RDA Project Manager; Felicia Baca, Arts Division Director; Tammy
Hunsaker, Deputy Chief Operating Officer; Talitha Day, Gallivan Center
Director; Amanda Lau, Council Public Engagement & Communications
Specialist; Robert Nutzman, Council Administrative Assistant; Allison
Parks, Senior City Attorney; Scott Crandall, Deputy City Recorder; and
Cindy Lou Trishman, City Recorder.
Guests in Attendance: Michael Michelsen, Eide Bailley, CPA (Audit Firm)
Director Fowler presided at and conducted the meeting.
The meeting was called to order at 2:04 p.m.
A. GENERAL COMMENTS TO THE BOARD
George Chapman shared concern about the consideration of a Single-
Room Occupancy (SRO) on Jefferson Street (near 1700 South) and encouraged
increased public engagement efforts from the City.
B. PUBLIC HEARINGS
None.
______________________________________________________________________
Due to issues raised to the attention of the Board relating to noticing,
action taken during the December meeting was scheduled and reaffirmed in
January 2021.
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
TUESDAY, December 8, 2020
20 - 2
C. REDEVELOPMENT AGENCY BUSINESS
#1. Resolution: Adopting an Updated RDA Art Policy
The Board will be briefed about, and will consider adopting,
a resolution for an updated RDA Art Policy. The RDA’s original
policy, adopted in 1990, authorized 1% of certain Agency
construction project budgets for public art. The RDA is
proposing the Agency’s art policy change to 1.5% and to include
additional ongoing annual funding, RDA tools, and incentives
to promote art. View Attachments
Danny Walz, Tracy Tran, and Felicia Baca shared their
willingness to answer questions from the Board on the policy
proposed.
Director Johnston expressed support and appreciation for
the incremental movement toward an artistic City.
Director Wharton moved and Director Johnston seconded to
adopt the resolution to update RDA Art Policy, which motion
carried, all directors present voted aye (roll call).
(Note, due to issues relating to noticing, the resolution was
affirmed and numbered R-3 of 2021 at the January 12, 2021 RDA
Meeting)
#2. Informational: Housing Allocation Policies Follow-up
The Board will be briefed about the draft RDA Housing
Allocation Funds Policy and the Housing Development Loan
Program Policy. The draft Housing Allocation Funds Policy
establishes guidelines for allocating funding and directing
resources to develop and preserve housing in the City. The
draft Housing Development Loan Program Policy creates a
program that would centralize the application, underwriting,
and approval process. This setup would provide community
partners a "one-stop shop" for accessing resources to develop
and preserve affordable housing. View Attachments
Tammy Hunsaker provided a presentation to the Board on
the formation of two separate policies for housing within the
RDA; draft policy resolution which establishes guidelines for
allocating and directing resources for the development and
preservation of housing; and the housing development loan
program policy, which was the program requested to create a
one-stop shop for housing development and preservation within
the City.
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
TUESDAY, December 8, 2020
20 - 3
Ms. Hunsaker stated that the Housing Allocation policy
presented the establishment of four housing funds based on the
funding source, addressed the annual budgeting process, and
the reporting requirements for annual housing expenditures,
projects, and outcomes. The funding strategy included an
annual overview of the priorities and objectives for further
budget allocations and implementation intentionally created
for flexibility in priority and impact. It was added that the
Redevelopment Advisory Committee recommended the policy move
forward as presented. Mr. Walz also clarified that the primary
goal of the policy was to outline the statute requirements and
funding potential uses, while considering the intersectional
opportunities for the use of the funds in various project areas
based on priorities of the board and of the overall housing
efforts.
Director Fowler suggested the potential for a preliminary
approval with pending ratification in January 2021, as there
had been some noticing issues and the item was a follow-up
briefing.
Director Rogers moved and Director Johnston seconded to
preliminarily adopt the resolution for the Housing Allocation
Policy, which motion carried, all directors present voted aye
(roll call).
(Note, due to issues relating to noticing, the resolution was
affirmed and numbered R-4 of 2021 at the January 12, 2021 RDA
Meeting)
#3. Informational: RDA 2020 Projects Review and 2021 Projects
Preview
The Board will receive a summary of work done throughout the
2020 calendar year and a 2021 preview. The briefing will
include, but is not limited to, loan closings, COVID-19
assistance, public art projects, and draft policies and
programs, among other highlights. View Attachments
Danny Walz briefed the Board on the projects of 2020 in
review and the upcoming projects of 2021.
Discussion included the assumed management of the
Gallivan Center, COVID Assistance (rent waivers/loan-payment
deferrals), loan closures on multiple projects, Art for Hope
effort, development of the 9-line and State Street project
creation stages, continued project development of Marmalade,
Central Ninth, and Granary areas and partner projects.
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
TUESDAY, December 8, 2020
20 - 4
Director Dugan asked about the affordable housing ratio
from 2020 and whether the agency specified the level of
affordable housing required on projects applying for funding.
Tammy Hunsaker indicated the 2020 ratio of affordable
housing could be provided to the Board via email, and Mr. Walz
shared that the affordable housing considerations were
established depending upon whether the project was Agency
initiated, developer initiated or through the Notice of Funding
Availability (NOFA) opportunities.
Director Johnston inquired about the Overnighter Hotel
property demolition, the project areas in the planning stage,
and the priority of the North Temple and Ballpark areas with
minimal investment; and suggested the consideration of over
allocating to the two struggling project areas (Ballpark was
included with the State Street project area).
Director Fowler and Mr. Walz commented on the incredible,
diligent, and good work moved into completion phases by Agency
staff.
#4. Informational: 650 South Main TRAX Station Funding
The Board will be briefed about a proposal to use State Street
Project Area “seed funds” to help complete the construction of
a new TRAX station at approximately 650 South Main Street. The
new station will be funded in conjunction with private property
owners in the area who are planning developments, and
previously appropriated RDA funding. View Attachments
Danny Walz and Cara Lindsley briefed the Board on the
project status, including background on the proposed
development with the current property owners under
construction and those anticipated to be under construction
relatively soon, including the station being originally
planned as part of the 1997 design (leaving track work out of
the necessary construction at this time), the proposed station
being on the north-half of the block between 600/700 south,
designs and public art for the station had been initiated in
collaboration with UTA and the SLC Arts Council, with a
selected artist chosen on Dec 3, 2020.
Ms. Lindsley shared the funding circumstances of
developers’ contributions and the remaining balance, including
the average score of acreage of surrounding properties and
proximity to the station, and included the appropriation of
$750,000 from the Agency and potential $38,901 from State
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
TUESDAY, December 8, 2020
20 - 5
Street Project Area Seed Funds as necessary funding for the
project to move ahead, the scheduled steps included finalizing
the construction agreement with UTA and construction beginning
in the spring of 2021 with an opening date of December 2021.
Director Mano inquired about the leverage available to
ask developers to provide funds and the anticipated project
funding, once they had been ‘reimbursed’ to the RDA, and also
noted the proximity of the Central Business District and the
Ballpark Project Area.
Mr. Walz responded that the leverage of the RDA was in
the participation of the RDA for the owners’ further
development of the area; specifically, that Sinclair had
already indicated participation and the Sears block ownership
had not completed their design on the project and funding was
part of the negotiations. Mr. Walz also explained that if the
agency covered the cost now, the effort to obtain the funds
from the developers as projects continue would be in place,
and if funds returned to the agency the seed funds (since they
came from programming income account) could be allocated to a
nearby project area or the board could reallocate the funds to
another area financed by the RDA.
Director Johnston requested further information about the
Sears block funding, structure of the agency committing the
funds up front, and the proposed TRAX station benefit to the
connected projects and contribution (reimbursement) of funds.
Mr. Walz shared that the development of the TRAX station
was not a foregone conclusion and that although some impacted
property owners had contributed and recognized the benefit,
the RDA would continue conversations with those who might not
be complete with their design, coordinating with them on the
benefit and funding of the TRAX station. The station was a
significant benefit to the area, and recognition of that
benefit had been supported by developers who already
contributed hard money on behalf of their individual projects.
The Board conducted a straw poll of support to commit the
$38,901 to the previously committed $750,000. Directors
Fowler, Rogers, Wharton, Dugan, and Johnston voted in support;
Board Member Mano voted nay; Board Member Valdemoros was
absent.
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
TUESDAY, December 8, 2020
20 - 6
Staff noted the consideration of conditions for future
motions or additional small group meetings to address any
concern.
#5. RDA Audit Review and Approval for Fiscal Year 2019-2020
The Board will review and consider accepting the Fiscal Year
2019-20 RDA Audit, which shows the Agency's financial
conditions as of June 30, 2020. View Attachments
Michael Michelsen briefed the board with attachments,
noting specifically that the information provided was in draft
format but no significant changes made to the final report. He
indicated there were two adjustments necessary to raise
attention to including an overstated reclassification in the
agency position in a 2019 adjustment between the unrestricted
and restricted assets, and a correction of an entry to record
income in investments of $1.4 Million.
Director Johnston inquired about the $1.4 Million of RDA
funds and the unrestricted/restricted adjustment. Mike Burns,
City Financial Analyst, indicated the $1.4 Million was the
error recorded backwards and was not associated with the
restatement of net position. The restricted/unrestricted error
was due to the placement of the distribution of internally
adjusted funds.
Director Wharton moved and Director Johnston seconded to
accept the draft of the Audit Review, which motion carried,
all directors present voted aye (roll call).
#6. Motion: Meeting Remotely Without an Anchor Location
The Board will consider a motion to ratify the determination
that the Board will continue to meet remotely and without an
anchor location under HB5002. View Attachments
Director Wharton moved and Director Dugan seconded to
ratify the Chair determination to continue meeting remotely
without an anchor location, which motion carried, all
directors present voted aye (roll call).
#7. Report and Announcements from Executive Director.
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.
None.
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
TUESDAY, December 8, 2020
20 - 7
#8. Report and Announcements from RDA Staff
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:
• Acknowledgments; and
• Scheduling Items.
Danny Walz recognized Director Chair Fowler and Vice Chair
Valdemoros for leadership and hard work for 2020, and the service
and leadership of Chair Fowler for her direction of the Agency
through her years of service prior to and during 2020.
#9. Report of the Chair and Vice Chair.
Director Fowler shared her appreciation of the opportunity to
serve as the Chair and within RDA leadership since 2018, noting the
resilience/tireless efforts of staff, establishing affordable
housing, and connecting/creating spaces for people to live, work,
and play in Salt Lake City. She expressed her gratitude and
continued support for the role of the Redevelopment Agency.
D. WRITTEN BRIEFINGS
None.
E. CONSENT
None.
F. CLOSED SESSION. The Board will consider a motion to enter into
Closed Session, in keeping with Utah Code §52-4-205 for any allowed
purpose.
Item not held.
G. ADJOURNMENT.
The RDA meeting adjourned at 4:05 p.m.
Minutes Approved: August 24, 2021.
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
TUESDAY, December 8, 2020
20 - 8
______________________________
Redevelopment Agency Chair
______________________________
Secretary
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 meeting held
December 8, 2020.
clt
Amy Fowler (Sep 13, 2021 11:27 MDT)
Cindy Trishman (Sep 13, 2021 12:12 MDT)
December 8, 2020 RDA Minutes - Approved
August 24, 2021
Final Audit Report 2021-09-13
Created:2021-08-25
By:DeeDee Robinson (deedee.robinson@slcgov.com)
Status:Signed
Transaction ID:CBJCHBCAABAAdoZ43GyxE9gg3r3LBWOHrTYDFHz9nFOx
"December 8, 2020 RDA Minutes - Approved August 24, 2021"
History
Document created by DeeDee Robinson (deedee.robinson@slcgov.com)
2021-08-25 - 10:55:12 PM GMT- IP address: 204.124.13.222
Document emailed to Amy Fowler (amy.fowler@slcgov.com) for signature
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Document e-signed by Amy Fowler (amy.fowler@slcgov.com)
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Agreement completed.
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