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09/12/2023 - Meeting Materials    Board of Directors of the REDEVELOPMENT AGENCY OF SALT LAKE CITY   AGENDA   September 12, 2023 Tuesday 2:00 PM Council Work Room 451 South State Street, Room 326 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: 17:04:28 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: 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.   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 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. 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.   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.   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.    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.   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. 8.Report of the Chair and Vice Chair TENTATIVE  5 min. Report of the Chair and Vice Chair.   Adjournment   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<   (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 _____________________, 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. PENDING MINUTES – NOT APPROVED The Local Building Authority, Redevelopment Agency, and the Salt Lake City Council of Salt Lake City, Utah met in Formal Session on Tuesday, June 6, 2023. The following Board Directors/Council Members were present: Ana Valdemoros, Victoria Petro, Daniel Dugan, Alejandro Puy, Darin Mano The following Board Directors/Council Members were absent: Amy Fowler, Chris Wharton Present Legislative leadership: Cindy Gust-Jenson – Executive Director, Jennifer Bruno – Deputy Director, Lehua Weaver – Associate Deputy Director Present Administrative leadership: Mayor Erin Mendenhall, Rachel Otto – Chief of Staff, Lisa Shaffer – Chief Administrative Officer, Danny Walz – Redevelopment Agency Chief Operating Officer Present City Staff: Katherine Lewis – City Attorney, Cindy Lou Trishman – City Recorder, Michelle Barney – Minutes & Records Clerk, Thais Stewart – Deputy City Recorder, Isaac Canedo – Public Engagement Communication Specialist, Taylor Hill – Constituent Liaison/Policy Analyst, Scott Corpany – Staff Assistant, Allison Rowland – Public Policy Analyst, Brian Fullmer – Constituent Liaison, Policy Analyst, Sam Owen – Public Policy Analyst, Sylvia Richards – Public Policy Analyst Council Member Mano presided at and conducted the meeting. The meeting was called to order at 7:00 pm   MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 1 LOCAL BUILDING AUTHORITY of SALT LAKE CITY, UTAH MEETING   A.LBA OPENING CEREMONY: 1.Board/Council Member Chris Wharton will conduct the formal meeting. 2.Pledge of Allegiance. 3.Welcome and Public Meeting Rules. B.LBA PUBLIC HEARINGS:   1.Resolution: Budget for the Capital Projects Fund of the Local Building Authority for Fiscal Year 2023-24 The Board will accept public comment and consider approving a resolution adopting the final budget for the Capital Projects Fund of the Local Building Authority of Salt Lake City for Fiscal Year 2023-24. The LBA’s Capital Projects Fund for Fiscal Year 2023-24 only includes the bond debt services for the Glendale and Marmalade Libraries. (Other Capital projects throughout the City are included in the Mayor’s Recommended Budget.) The LBA is a financing tool for cities and government entities, like libraries, to bond for capital projects at better interest rates. Capital projects are big projects like parks, public buildings, and street projects.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - TBD Staff Recommendation - Refer to motion sheet(s).   Jennifer Bruno gave a brief overview of the proposal. No public comments Motion: Moved by Councilmember Dugan, seconded by Councilmember Puy to cloose MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 2 the public hearing and refer the item to a future meeting for action. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Alejandro Puy, Darin Mano ABSENT: Amy Fowler, Chris Wharton Final Result: 5 – 0 Pass C.LBA ADJOURNMENT: Motion: Moved by Councilmember Petro, seconded by Councilmember Dugan to adjourn the Local Building Authority meeting and reconvene as the Redevelopment Agency. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Alejandro Puy, Darin Mano ABSENT: Amy Fowler, Chris Wharton Final Result: 5 – 0 Pass MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 3   REDEVELOPMENT AGENCY of SALT LAKE CITY, UTAH MEETING Please note: Dates not identified in the FYI - Project Timeline are either not applicable or not yet determined. D.RDA PUBLIC HEARINGS:   1.Resolution: Budget for the Redevelopment Agency of Salt Lake City for Fiscal Year 2023-24 The Board will accept public comment and consider approving a resolution adopting the final budget for the Redevelopment Agency of Salt Lake City for Fiscal Year 2023-24.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - TBD Staff Recommendation - Refer to motion sheet(s).   Motion: Moved by Councilmember Puy, seconded by Councilmember Dugan to close the public hearing and refer the item to a future meeting for action. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Alejandro Puy, Darin Mano ABSENT: Amy Fowler, Chris Wharton Final Result: 5 – 0 Pass Jennifer Bruno gave a brief overview of the proposal. No public comments E.RDA ADJOURNMENT:   Motion: Moved by Councilmember Dugan, seconded by Councilmember Puy to adjourn the MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 4 Redevelopment Agency meeting. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Alejandro Puy, Darin Mano ABSENT: Amy Fowler, Chris Wharton Final Result: 5 – 0 Pass   MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 5 SALT LAKE CITY COUNCIL MEETING Please note: Dates not identified in the FYI - Project Timeline are either not applicable or not yet determined.     F.CITY COUNCIL OPENING CEREMONY: 1.The Council will approve the formal meeting minutes of April 4, 2023. Motion: Moved by Councilmember Dugan, seconded by Councilmember Petro to approve the Formal Minutes for April 4, 2023. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Alejandro Puy, Darin Mano ABSENT: Amy Fowler, Chris Wharton Final Result: 5 – 0 Pass G.PUBLIC HEARINGS:   1.Resolution: Cannon Greens Community Garden at 1300 South and 800 West, Public Benefits Analysis and Authorizing the Lease Rate and Terms The Council will accept public comment and consider adopting a resolution that would authorize below-market rent for lease of properties at 1300 South and 800 West for urban farming programs. The Public Lands Department is proposing authorization of leases to the International Rescue Committee (IRC) and Wasatch Community Gardens (WCG) for eight City-owned parcels, totaling 2.41 acres.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - Tuesday, June 6, 2023 Set Public Hearing Date - Tuesday, May 23, 2023 Hold hearing to accept public comment - Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, June 13, 2023 Staff Recommendation - Refer to motion sheet(s). MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 6   Motion: Moved by Councilmember Dugan, seconded by Councilmember Puy to close the public hearing and defer action to a future meeting. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Alejandro Puy, Darin Mano ABSENT: Amy Fowler, Chris Wharton Final Result: 5 – 0 Pass Allison Rowland gave a brief overview of the proposal. Georgina Griffith Yates spoke to the programing available for women at the shelter. 2.Ordinance: New Five-Year Housing Plan, Housing SLC The Council will accept public comment and consider adopting an ordinance that would adopt the proposed new five-year housing plan, Housing SLC. The City’s current housing plan, Growing SLC, expires at the end of the fiscal year, and a new moderate income housing plan is needed to meet State code requirements and receive priority consideration for State funding resources. For more information on this item visit https://tinyurl.com/SLCHousingProposals.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - Thursday, May 25, 2023 Set Public Hearing Date - Tuesday, May 23, 2023 Hold hearing to accept public comment - Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, June 13, 2023 Staff Recommendation - Refer to motion sheet(s).   Allison Rowland gave a brief overview of the proposal. Lance Spencer spoke to the cost of housing, expressed support for the proposed programs but it would not help the overall problems with housing in the city. Kseniya Kniazeva thanked Council for all the hard work on the housing issues, asked Council to help provide deeply affordable housing, sanctioned campgrounds and other options for housing the citizens of Salt Lake City. Kristina Robb thanked Planning Department Staff for the work on the proposal and expressed excitement for the next steps for affordable housing in Salt Lake City. Motion: Moved by Councilmember Puy, seconded by Councilmember Dugan to close the public hearing and defer action to a later date. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Alejandro Puy, Darin Mano ABSENT: Amy Fowler, Chris Wharton MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 7 Final Result: 5 – 0 Pass 3.Ordinance: Salt Lake School District Signs The Council will accept public comment and consider adopting an ordinance that would amend the zoning text of Section 21A.46.052 of the Salt Lake City Code pertaining to pole signs on school properties. Public and private schools are located in various zoning districts around the City, and not all of the zoning districts permit freestanding pole signs. The signs are used to educate the community about activities at the school. Petitioner: Paul Schulte representing the Salt Lake City School District, Petition No.: PLNPCM2021-00190   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - Tuesday, May 16, 2023 Set Public Hearing Date - Tuesday, May 16, 2023 Hold hearing to accept public comment - Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, June 13, 2023 Staff Recommendation - Refer to motion sheet(s).   Brian Fullmer gave a brief overview of the proposal. No public comment. Motion: Moved by Councilmember Dugan, seconded by Councilmember Puy to close the public hearing and defer action to a future meeting. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Alejandro Puy, Darin Mano ABSENT: Amy Fowler, Chris Wharton Final Result: 5 – 0 Pass 4.Resolution: Issuance of Airport Revenue Bonds, Series 2023 for Financing the Construction of the New SLC International Airport The Council will accept public comment for a parameters resolution authorizing the issuance and sale of not more than $600,000,000 aggregate principal amount of one or more series of Airport Revenue Bonds, series 2023, for the purpose of financing certain Capital Improvements to the Salt Lake City International Airport. The Council's action includes authorizing the execution of a supplemental indenture, a bond purchase agreement, and other documents as required. For more information on this item visit https://tinyurl.com/SLCAirports.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - Tuesday, May 9, 2023 Set Public Hearing Date - Tuesday, May 16, 2023 MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 8 Hold hearing to accept public comment - Tuesday, June 6, 2023 and Tuesday, June 13, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, May 16, 2023 Staff Recommendation - Refer to motion sheet(s). Items G5-G12 will be heard as one public hearing.   Motion: Moved by Councilmember Puy, seconded by Councilmember Dugan to continue the public hearing to June 13, 2023 due to a noticing error. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Alejandro Puy, Darin Mano ABSENT: Amy Fowler, Chris Wharton Final Result: 5 – 0 Pass Sam Owen gave a brief overview of the proposal. Jay Larson talked about tone of voice the speakers were using. 5.Grant Application: Community Project Funding Fiscal Year 2023 – 200 South Transit Corridor Phase 3 The Council will accept public comment for a grant application request from the Division of Transportation to the U.S. Department of Transportation Federal Transit Administration. If awarded, the grant would fund transit signal priority, high visibility signage, and pavement markings to increase the capacity of the 200 South corridor to accommodate twelve Utah Transit Authority (UTA) bus routes providing roughly 1,100 bus trips per day for existing local routes and new regional routes serving South Davis County and the City’s Westside.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - n/a Set Public Hearing Date - n/a Hold hearing to accept public comment - Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - n/a Staff Recommendation - Close and refer to future consent agenda.   6.Grant Application: Temporary Assistance for Needy Families Capacity Building Grant – YouthCity Fairpark The Council will accept public comment for a grant application request from the Division of Youth and Family Services to the Utah Department of Workforce Services. If awarded, the grant would fund salary, wages, and benefits for two full-time and ten MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 9 seasonal/hourly positions. The grant would also fund snacks used in youth programming, cell phones, fuel for vans, rent, staff background checks, and training.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - n/a Set Public Hearing Date - n/a Hold hearing to accept public comment - Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - n/a Staff Recommendation - Close and refer to future consent agenda.   7.Grant Application: Temporary Assistance for Needy Families Capacity Building Grant – Fairpark Family Learning Center The Council will accept public comment for a grant application request from the Division of Youth and Family Services to the Utah Department of Workforce Services. If awarded, the grant would fund salary, wages, and benefits for two full-time and five seasonal positions, and snacks used in adult education programs. The grant would also fund computers, laptops, iPads, chairs for the Fairpark Family Learning Center (FFLC) Technology Center, cell phones, rent, staff background checks, training, and software licenses.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - n/a Set Public Hearing Date - n/a Hold hearing to accept public comment - Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - n/a Staff Recommendation - Close and refer to future consent agenda.   8.Grant Application: Victims of Crime Grant – Salt Lake City Prosecutor Victim Advocates The Council will accept public comment for a grant application request from the City Attorney Office to the Utah Office for Crime Victims. If awarded, the grant would fund two victim advocate positions, continue the Victim Advocate funded by the 2021- 2023 Victims of Crime Grant (VOCA) award, and funding for a second victim advocate. Also included in the request is training with travel, office furniture, and an annual software subscription. MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 10   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - n/a Set Public Hearing Date - n/a Hold hearing to accept public comment - Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - n/a Staff Recommendation - Close and refer to future consent agenda.   9.Grant Application: Recreation Trails Program Grant – Jordan River Water Trail Tree and Debris Removal The Council will accept public comment for a grant application request from the Department of Public Lands to the Utah Department of Natural Resources. If awarded, the grant would fund the removal of dead and obstructing trees, branches, and debris from the Jordan River Water Trail corridor to enhance safety and accessibility for paddle boat navigation.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - n/a Set Public Hearing Date - n/a Hold hearing to accept public comment - Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - n/a Staff Recommendation - Close and refer to future consent agenda.   10.Grant Application: Violence Against Women Grant – Salt Lake City Prosecutor Victim Advocate The Council will accept public comment for a grant application request from the City Prosecutor to the Utah Office for Crime Victims. If awarded, the grant would fund one victim advocate position. This position will provide services and resources to victims of sexual assault, dating violence, stalking, and domestic violence as their cases move through the criminal justice system.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - n/a Set Public Hearing Date - n/a MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 11 Hold hearing to accept public comment - Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - n/a Staff Recommendation - Close and refer to future consent agenda.   11.Grant Application: Paul Coverdell Forensic Science Improvement Grant – Police Department Crime Lab Accreditation Fee The Council will accept public comment for a grant application request from the Police Department to the Utah Department of Public Safety. If awarded, the grant would fund the Police Department Crime Lab 2023 Annual Accreditation Fee.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - n/a Set Public Hearing Date - n/a Hold hearing to accept public comment - Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - n/a Staff Recommendation - Close and refer to future consent agenda.   12.Grant Application: Clean Energy to Communities Expert Match Grant – Training from the National Renewable Energy Laboratory The Council will accept public comment for a grant application request from the Division of Energy and Environment to the National Renewable Energy Laboratory. If awarded, the grant would fund short-term technical assistance from experts with the National Renewable Energy Laboratory (NREL) to build its staff capacities to use public data sources and tools to quantify emissions reductions and other benefits associated with renewable energy resources.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - n/a Set Public Hearing Date - n/a Hold hearing to accept public comment - Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - n/a Staff Recommendation - Close and refer to future consent agenda. MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 12 Ordinances listed below (G13 – G24) are associated with the implementation of the Mayor’s Recommended Budget for Salt Lake City, including the Library Fund, for the Fiscal Year (FY) 2023-24. All ordinances will be heard as one public hearing.   Motion: Moved by Councilmember Puy, seconded by Councilmember Dugan to close the public hearing and refer items G-5 through G-12 to a future Consent Agenda for action. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Alejandro Puy, Darin Mano ABSENT: Amy Fowler, Chris Wharton Final Result: 5 – 0 Pass Sylvia Richards gave a brief overview of the proposal. Kristina Robb asked Council to support the violence against women grant (Item G10) and spoke to the demographic the grant would support. 13.Ordinance: Adopting the Budget for the Library Fund of Salt Lake City, Utah for Fiscal Year 2023-24 The Council will accept public comment and consider approving an ordinance adopting the budget for the Library Fund of Salt Lake City, Utah for Fiscal Year 2023-24.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - TBD Staff Recommendation - Refer to motion sheet(s).   14.Ordinances relating to the Fiscal Year 2023-24 City Budget, excluding the budget for the Library Fund The Council will accept public comment and consider approving an ordinance adopting the budget for Salt Lake City, Utah, excluding the budget for the Library Fund which is separately adopted, and the employment staffing document of Salt Lake City, Utah for Fiscal Year 2023-24.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 13 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - TBD Staff Recommendation - Refer to motion sheet(s).   15.Ordinance: Adopting the rate of tax levy, including the levy for the Library Fund, for Fiscal Year 2023-24 The Council will accept public comment and consider approving an ordinance adopting the rate of tax levy, including the levy for the Library Fund, upon all real and personal property within Salt Lake City made taxable by law for Fiscal Year 2023-24.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - TBD Staff Recommendation - Refer to motion sheet(s).   16.Ordinance: Amendments to the Salt Lake City Consolidated Fee Schedule for Fiscal Year 2023-24 The Council will accept public comment and consider approving an ordinance amending various fees and fee information set forth in the Salt Lake City Consolidated Fee Schedule.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - TBD Staff Recommendation - Refer to motion sheet(s). MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 14   17.Ordinance: Compensation Plan for All Non-represented employees of Salt Lake City for Fiscal Year 2023-24 The Council will accept public comment and consider adopting an ordinance approving a compensation plan for all non-represented employees of Salt Lake City.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - TBD Staff Recommendation - Refer to motion sheet(s).   18.Ordinance: Appropriating Necessary Funds to Implement Provisions of an MOU between Salt Lake City and AFSCME for Fiscal Year 2023-24 The Council will accept public comment and consider adopting an ordinance appropriating necessary funds to implement, for Fiscal Year 2023-24, the provisions of the Memorandum of Understanding (MOU) between Salt Lake City Corporation and the American Federation of State, County, and Municipal Employees (AFSCME) Local 1004, representing eligible employees.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - TBD Staff Recommendation - Refer to motion sheet(s). MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 15   19.Ordinance: Appropriating Necessary Funds to Implement Provisions of the MOU between Salt Lake City and the International Association of Firefighters for Fiscal Year 2023-24 The Council will accept public comment and consider adopting an ordinance appropriating the necessary funds to implement, for Fiscal Year 2023-24, the provisions of the Memorandum of Understanding (MOU) between Salt Lake City Corporation and the International Association of Firefighters Local 81, representing eligible employees.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - TBD Staff Recommendation - Refer to motion sheet(s).   20.Ordinance: Appropriating Necessary Funds to Implement Provisions of the MOU between Salt Lake City and the Salt Lake City Police Association for Fiscal Year 2023-24 The Council will accept public comment and consider adopting an ordinance appropriating necessary funds to implement, for Fiscal Year 2023-24, the provisions of the Memorandum of Understanding (MOU) between Salt Lake City Corporation and the Salt Lake Police Association, representing eligible employees.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - TBD Staff Recommendation - Refer to motion sheet(s). MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 16   21.Ordinance: Accessible Parking Space Violation The Council will accept public comment and consider adopting an ordinance that would amend sections of the Salt Lake City Code to adjust penalties for accessible parking space violations to better correspond with similar penalties described in the State of Utah Uniform Fine Schedule.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - TBD Staff Recommendation - Refer to motion sheet(s).   22.Ordinance: Board Member Employee Status The Council will accept public comment and consider adopting an ordinance that would clarify status of members appointed to Salt Lake City Boards and Commissions who receive compensation for their service.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - n/a Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - n/a Staff Recommendation - Refer to motion sheet(s). MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 17   23.Ordinance: Past Due Account Receivable Fees The Council will accept public comment and consider adopting an ordinance that would amend the Salt Lake City Code pertaining to past due accounts receivable fees and incorporating references to the Salt Lake City Consolidated Fee Schedule.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - TBD Staff Recommendation - Refer to motion sheet(s).   24.Ordinance: Removal/Bagging of Parking Meters The Council will accept public comment and consider adopting an ordinance that would amend the Salt Lake City Code pertaining to removal of parking meters and incorporating references to the Salt Lake City Consolidated Fee Schedule.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - TBD Staff Recommendation - Refer to motion sheet(s). MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 18   Motion: Moved by Councilmember Puy, seconded by Councilmember Dugan to close the public hearing and defer action to a future meeting. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Alejandro Puy, Darin Mano ABSENT: Amy Fowler, Chris Wharton Final Result: 5 – 0 Pass Jennifer Bruno gave a brief overview of the proposal. Terry Marasco spoke to funds allocated for projects on the Westside, the need to make funding available for projects throughout Salt Lake City, the need for the city to be unified as well as understand the issues on the Westside need to be addressed. Jim Webster spoke to the Continuous Improvement Program (CIP) funding for the Miller Bird Park, the lack of funding of the proposed CIP grant, a stadium on the East bench for the University of Utah was not appropriate and property should be used for a park. Abdirizak Ibahm spoke to the need to fix the issues on the Westside of Salt Lake City and improve the area for the residence. Christopher Butler spoke to the proposed police budget, need to look at better options that are proven to stop crime at the source and expressed support for the civilian groups that were working with the police but funding for these programs should be removed from the police budget. Jay Larsen spoke to why he did not pledge allegiance to the flag. Roger Miller discussed issues with the Other Side Tiny Home Village and the need to follow similar projects that were fiscally responsible as this project was not financially responsible. Keseniya Kniazecva spoke to the funds being spent on the Police Department that should be spent on housing, people need housing not more policing and asked Council to focus on affordable housing. Kristina Robb spoke to alleyways throughout the city, the need to improve alleyways to help with traffic congestion when roads are being worked on, and asked Council to please consider informing constituents how these areas can be improved. Evan Sugden spoke to E-bikes and asked for a portion of the funding to be used for security options/parking for bikes. Judi Short spoke to the time Council had spent on housing over the year, the displacement of people with construction projects and the lack of funding to start a tenant relocation project, please review the budget to find money for affordable housing and create development agreements to require 20% of affordable housing in new MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 19 apartment projects. Jack Ellefsen spoke to the need for improvements on 700 North and Riverside Drive specifically drainage, infrastructure and sidewalks as this has been an issue for many years and nothing had been done. Mavy Smith spoke about affordable housing and the lack of insulation used in the buildings causing people to need to apply for heat assistance. H.POTENTIAL ACTION ITEMS:   1.Ordinance: Early Notification Text Amendment The Council will consider adopting an ordinance that would approve various changes to the Salt Lake City Code relating to early notification of the public and recognized community organizations for land use projects. The Council initiated this petition to clarify early notification regulations and public outreach. The purpose of the proposed changes is to increase awareness and participation by the public for various types of City projects while still providing a timely review process for applicants. Related provisions of the City Code may also be amended as part of this petition. For more information on this item visit https://tinyurl.com/SLCEarlyNotificationOrdinance.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - Tuesday, February 4, 2020; Tuesday, March 3, 2020; Tuesday, September 29, 2020; Tuesday, November 16, 2021; and Tuesday, April 11, 2023 Set Public Hearing Date - Tuesday, February 4, 2020; Tuesday, September 15, 2020; Tuesday, November 16, 2021; and Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, March 3, 2020; Tuesday, October 6, 2020; Tuesday, October 20, 2020; Tuesday, December 7, 2021; and Tuesday, May 16, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, June 6, 2023 Staff Recommendation - Refer to motion sheet(s). MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 20   Motion: Moved by Councilmember Dugan, seconded by Councilmember Puy to adopt Ordinance 23 of 2023, approving various changes to the Salt Lake City Code relating to early notification of the public and recognized community organizations for land use projects. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Alejandro Puy, Darin Mano ABSENT: Amy Fowler, Chris Wharton Final Result: 5 – 0 Pass 2.Ordinance: Downtown Building Height and Street Activation Text Amendment The Council will consider adopting an ordinance that would amend the zoning text of various sections of Title 21A of the Salt Lake City Code pertaining to building heights in the Downtown Plan area. This proposal includes amendments to the following zoning districts: D-1 (Downtown Central Business District), D-2 (Downtown Support), D-3 (Downtown Warehouse), D-4 (Downtown Secondary Business District), G-MU (Gateway Mixed-Use), CG (General Commercial) and the FB-UN1 and FB-UN2 (Form based districts). Additionally, the proposed code revisions aim to accommodate growth and respond to new development pressures, while developing standards for public spaces. The Council may consider modifications to other related sections of the code as part of this proposal. Petitioner: Mayor Erin Mendenhall Petition No.: PLNPCM2022-00529. For more information on this item visit https://tinyurl.com/downtownbuildingheights   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - Tuesday, April 4, 2023 and Tuesday, May 16, 2023 Set Public Hearing Date - Tuesday, April 4, 2023 Hold hearing to accept public comment - Tuesday, April 18, 2023 and Tuesday, May 2, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, June 6, 2023 Staff Recommendation - Refer to motion sheet(s). MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 21   Motion: Moved by Councilmember Puy, seconded by Councilmember Valdemoros to adopt Ordinance 24 of 2023, to amend the zoning text of various sections of Title 21A of the Salt Lake City Code pertaining to building heights in the Downtown Plan area. Further move to adopt a legislative action initiating a petition to study bird- friendly glass and provide recommendations to the Council on best practices for its use. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Alejandro Puy, Darin Mano ABSENT: Amy Fowler, Chris Wharton Final Result: 5 – 0 Pass 3.Ordinance: Budget Amendment No.6 for Fiscal Year 2022-23 The Council will consider adopting an ordinance that would amend the final budget of Salt Lake City, including the employment staffing document, for Fiscal Year 2022-23. Budget amendments happen several times each year to reflect adjustments to the City’s budgets, including proposed project additions and modifications. The proposed amendment includes funding for adapting the Seven Canyons Fountain at Liberty Park into a dry art piece, a roof replacement for the Steiner Aquatics Center, and several proposals to use American Rescue Plan Act (ARPA) funding for revenue replacement and a $10 million contribution to the Perpetual Housing Fund of Utah among other items. For more information on this item visit https://tinyurl.com/SLCFY23   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - Tuesday, May 2, 2023 Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 2, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 Staff Recommendation - Refer to motion sheet(s).   Motion: Moved by Councilmember Dugan, seconded by Councilmember Puy to adopt Ordinance 25 of 2023, amending the final budget of Salt Lake City, including the employment staffing document for Fiscal Year 2022-23 only for items as shown on the motion sheet. A-1: Additional Funding for the Cultural Core ($291,000 from Salt Lake City’s Cultural Core Surplus Fund) A-4: Liberty Park Seven Canyons Fountain Rescope Change ($823,548 from CIP) A-5: Open Space Property Acquisition (City Parks) A-6: Open Space Property Acquisitions (Trails) ($300,00 from Impact Fees) MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 22 A-7: Recapture Ont-time Emergency Solutions Grant CARES Act Funds ($209,552 Rescope from $200,000 of City Administration and $9,552 from VOA’s Homeless Outreach Program) A-8: Steiner Aquatics Center Roof Replacement ($1.38 million from General Fund Balance) A-10: Ranked Choice Voting Awareness Materials ($35,000 from General Fund Balance) A-12: Impact Fee Plan Consultant Contract Amendment ($27,000 Total; $9,000 Each from Fire, Parks, and Police Impact Fees) A-13: Flood Mitigation ($1 Million Total; $736,275 from General Fund Balance and Recapturing $263,725 of Unused NBA Allstar Game Activation Funding) A-14: Additional ARPA Revenue Replacement ($14,603,080 from ARPA) Note the $4 million to the RDA’s Westside Community Initiative was adopted on May 16 D-2: Fire Department – Other Reimbursements ($17,118 from General Fund) D-3: Transfer Parks Impact Fees to Surplus Land Fund – Land Purchase near RAC ($395,442 from Parks Impact Fees and $500,000 back to Surplus Land Fund) D-4: Fire Impact Fee – Fee payment for Excess Capacity ($2.2 million of Fire Impact Fees of Which $1.7 million to the CIP Fund and $500,000 to the General Fund) D-5: Fire Training Center ($499,533 from General Fund to CIP Fund) D-6: Fisher Mansion Carriage House Impact Fee Reimbursement ($100,000 from Parks Impact Fees to CIP Cost Overrun Account) D-7: Recapture of Police Precinct Funds to Surplus ($129,688 from CIP Fund to Surplus Land Fund) D-8: Police Impact Fee – Unclaimed Refunds ($237,606 from Impact Fees to Police Impact Fees) D-9: Rapid Intervention Team Trailer RV/XP ($25,000 from General Fund to Fleet Fund) D-10: Difference Between $4.3 Million Grant Adopted in Budget Amendment No.5 and the Actual $4.22 Million) ($78,560 from Misc. Grants) E-1: School-Age Quality 22 Grant (FY 22-25) ($780,000 from Misc. Grants (Funding and Award Title Correction)) E-2: School-Age Quality Summer Expansion FY22-23 ($373,338 from Misc. Grants) (Correction) G-1: U.S. Department of Homeland Security, FEMA – Assistance to Firefighters Grant Program ($115,472 from Misc. Grants) AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Alejandro Puy, Darin Mano ABSENT: Amy Fowler, Chris Wharton Final Result: 5 – 0 Pass Motion: Moved by Councilmember Dugan, seconded by Councilmember Puy to adopt Ordinance 25 of 2023, amending the Fiscal Year 2023 final budget including the employment staffing document for item A-15 as shown on the motion MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 23 sheet. A-15: ARPA Funding to Perpetual Housing Fund External Developer ($10 Million from ARPA) Further move that funding for item A-15 is a contingent appropriation subject to Council approval of a term sheet, and the adoption ordinance shall be updated to reflect this condition. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Alejandro Puy, Darin Mano ABSENT: Amy Fowler, Chris Wharton Final Result: 5 – 0 Pass I.COMMENTS: 1.Questions to the Mayor from the City Council. No questions 2.Comments to the City Council. (Comments are taken on any item not scheduled for a public hearing, as well as on any other City business. Comments are limited to two minutes.) Council Member Mano reviewed the rules of decorum. Steven Lemmon spoke to the statue of the mermaid at the Peace Gardens, the need to repair and provide security for the statue. Christopher Butler spoke to the Mayor’s comments about George Floyd’s death and the need to stop throwing funding at the police as they were not the answer to the issue. Kseniya Kniazeva spoke to the need to protect people and provide sanctioned campgrounds. Cindy Cromer spoke to the fire on 200 East, zero setbacks on the property next to the building (The Randy) and how setbacks affect the safety/views of surrounding properties. J.NEW BUSINESS: NONE.   K.UNFINISHED BUSINESS: NONE.   L.CONSENT: 1.Ordinance: Zoning Map and Master Plan Amendments at Riverside Cottages The Council will set the date of Tuesday, July 11, 2023 at 7 p.m. to accept public comment and consider adopting an ordinance that would amend the zoning for portions of property located at 1500, 1516, 1520, & 1522 West 500 North from R1/7,000 (Single Family Residential District) to R-1/5,000 (Single Family Residential District), and other portions of these properties from R-1/7,000 to SR-3 (Special Development Pattern Residential MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 24 District), as well as amending the zoning of property located at 552 North 1500 West from R-1/7,000 to SR-3. In addition, the proposal would amend the Northwest Community Master Plan Future Land Use Map. The intent of these amendment requests is to accommodate a redevelopment proposal to be submitted at a later date. Consideration may be given to rezoning the property to another zoning district with similar characteristics. The project is located within Council District 1. Petitioner: Bert Holland of Hoyt Place Development LLC, representing the property owners. Petition No. PLNPCM2021-01075, PLNPCM2021- 01203, and PLNPCM2022-00674 FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - Monday, June 12, 2023 Set Public Hearing Date - Tuesday, June 6, 2023 Hold hearing to accept public comment - Tuesday, July 11, 2023 at 7 p.m. TENTATIVE Council Action - TBD Staff Recommendation - Set date. 2.Ordinance: Rezone at 1549 South, 1551 South, 1565 South, and 1000 West The Council will set the date of Tuesday, July 11, 2023 at 7 p.m. to accept public comment and consider adopting an ordinance that would amend the zoning of property located at 1549 South 1000 West, 1551 South 1000 West,1565 South 1000 West, and 1574 South 900 West from R-1/7,000 (Single-Family Residential) to RMF-30 (Low-Density Multi- Family Residential). The amendment is intended to allow the property owner to develop townhouses on the subject properties; however, no development plans have been submitted at this time. If the amendment is approved, the applicant could develop the site in accordance with the newly adopted RMF-30 zoning standards. The request did not require a master plan amendment. Consideration may be given to rezoning the property to another zoning district with similar characteristics. The subject properties are located within Council District 2. Petitioner: Jordan Atkin, representing the property owner, Petition No.: PLNPCM2022-00733 FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - Monday, June 12, 2023 Set Public Hearing Date - Tuesday, June 6, 2023 Hold hearing to accept public comment - Tuesday, July 11, 2023 at 7 p.m. TENTATIVE Council Action - TBD Staff Recommendation - Set date. MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 25 The Council will set the date of Tuesday, July 11, 2023 at 7 p.m. to accept public comment and consider adopting an ordinance that would amend the zoning of property at 510 South 200 West from D-2 (Downtown Support District) to D-1 (Central Business District). The property is approximately 1.02 acres or 44,431 square feet. No development plans were submitted with this application. Consideration may be given to rezoning the property to another zoning district with similar characteristics. Petitioner: Jason Boel, representing the property owners. Petition No.: PLNPCM2022-01108. FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - Tuesday, June 13, 2023 Set Public Hearing Date - Tuesday, June 6, 2023 Hold hearing to accept public comment - Tuesday, July 11, 2023 at 7 p.m. TENTATIVE Council Action - TBD Staff Recommendation - Set date. 4.Ordinance: Nonconforming Signs The Council will set the date of Tuesday, July 11, 2023 at 7 p.m. to accept public comment and consider adopting an ordinance that would amend various sections of Title 21A of the Salt Lake City Code pertaining to Nonconforming Signs. The proposed amendment is generally focused on aligning sign standards with City goals, supporting businesses, and addressing any applicable state law. The proposed changes would also allow for more flexibility for the maintenance, reuse, modification, and updating of existing signs. The changes would also clarify when the removal of such signs is required. Petitioner: Mayor Erin Mendenhall Petition No.: PLNPCM2022-00984 FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - Tuesday, June 13, 2023 Set Public Hearing Date - Tuesday, June 6, 2023 Hold hearing to accept public comment - Tuesday, July 11, 2023 at 7 p.m. TENTATIVE Council Action - TBD Staff Recommendation - Set date. 5.Grant Holding Account Items (Batch No.10) for Fiscal Year 2022-23 The Council will consider approving Grant Holding Account Items (Batch No. 10) for Fiscal Year 2022-23. FYI – Project Timeline: (subject to change per Chair direction or Council MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 26 3.Ordinance: Rezone at Approximately 510 South 200 West discussion) Briefing - n/a Set Public Hearing Date - n/a Hold hearing to accept public comment - n/a TENTATIVE Council Action - Tuesday, June 6, 2023 Staff Recommendation - Approve. 6.Board Appointment: Sister Cities Board – Melissa Greis The Council will consider approving the appointment of Melissa Greis to the Sister Cities Board for a term ending July 6, 2027. FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - Tuesday, June 6, 2023 Set Public Hearing Date - n/a Hold hearing to accept public comment - n/a TENTATIVE Council Action - Tuesday, June 6, 2023 Staff Recommendation - Approve. 7.Board Appointment: Human Rights Commission – Jennifer Mayer-Glenn The Council will consider approving the appointment of Jennifer Mayer-Glenn to the Human Rights Commission for a term ending December 31, 2027. FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - Tuesday, June 6, 2023 Set Public Hearing Date - n/a Hold hearing to accept public comment - n/a TENTATIVE Council Action - Tuesday, June 6, 2023 Staff Recommendation - Approve. 8.Board Reappointment: Housing Advisory and Appeals Board – Daniel Gaffin The Council will consider approving the reappointment of Daniel Gaffin to the Housing Advisory and Appeals Board for a term ending December 31, 2027. MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 27 FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - n/a Set Public Hearing Date - n/a Hold hearing to accept public comment - n/a TENTATIVE Council Action - Tuesday, June 6, 2023 Staff Recommendation - Approve. 9.Ordinance: Rezone at Approximately 1350, 1358, and 1370 South West Temple The Council will set the date of Tuesday, July 11, 2023 at 7 p.m. to accept public comment and consider adopting an ordinance that would amend the zoning of properties located at approximately 1350, 1358, and 1370 South West Temple Street from RB (Residential Business District) to TSA-UC-C (Transit Station Area Urban Center Core). The request is to facilitate future redevelopment of the site to allow for a mixed-use structure that may include commercial and multi-family residential uses. Consideration may be given to rezoning the property to another zoning district with similar characteristics. Petitioner: Sattar Tabriz Petition No.: PLNPCM2022-00810. For more information on this item visit https://tinyurl.com/WestTempleRezone. FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - Tuesday, May 23, 2023 Set Public Hearing Date - Tuesday, June 6, 2023 Hold hearing to accept public comment - Tuesday, July 11, 2023 at 7 p.m. TENTATIVE Council Action - TBD Staff Recommendation - Set date. Motion: Moved by Councilmember Puy, seconded by Councilmember Dugan to approve items L1-L8 from the consent agenda. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Alejandro Puy, Darin Mano ABSENT: Amy Fowler, Chris Wharton Final Result: 5 – 0 Pass Motion: Moved by Councilmember Puy, seconded by Councilmember Dugan to approve item L9 from the consent agenda. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Alejandro Puy MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 28 RECUSED: Darin Mano ABSENT: Amy Fowler, Chris Wharton Final Result: 4 – 0 Pass Council Member Mano recused himself for item L9. Council Member Petro called for the motion and the vote. M. ADJOURNMENT: Meeting adjourned at 8:10 pm Council Minutes Approved: RDA Minutes Approved: LBA Minutes Approved: _______________________________ City Council Chair Darin Mano _______________________________ Redevelopment Agency Chair Alejandro Puy _______________________________ Local Building Authority Chair Darin Mano _______________________________ 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 City Council, RDA, and LBA meeting held Tuesday, June 6, 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 SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 6, 2023 29 PENDING MINUTES – NOT APPROVED The Board of Directors of the Redevelopment Agency (RDA) of Salt Lake City met on Tuesday, June 13, 2023. The following Board Members were present: Ana Valdemoros, Victoria Petro, Daniel Dugan, Chris Wharton, Alejandro Puy, Darin Mano The following Board Members were absent: Amy Fowler Present Agency Leadership: Danny Walz – 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, Jennifer Bruno – Council Deputy Director, Lauren Parisi – Senior RDA Project Manager, Austin Taylor – RDA Project Manager Director Chair Alejandro Puy presided at and conducted the meeting. The meeting was called to order at 1:09 pm MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY Tuesday, June 13, 2023 1 Comments:A.   1.General Comments to the Board ~ 1:00 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: NONE.   No Public Comment 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 ~ 1:05 p.m.  5 min. The Board will approve the meeting minutes of April 11, 2023.   Motion: Moved by Director Dugan, seconded by Director Valdemoros to approve meeting minutes of April 11, 2023. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Alejandro Puy, Darin Mano ABSENT: Amy Fowler, Chris Wharton Final Result: 5 – 0 Pass 2.Informational: Accessory Dwelling Unit Assistance Program ~ 1:10 p.m.  30 min. The Board will receive a briefing about progress toward the Accessory Dwelling Unit Assistance Program. The RDA is working to create a program to help low to moderate- income homeowners finance accessory dwelling units (ADUs) construction.   MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY Tuesday, June 13, 2023 2 Danny Walz, Austin Taylor and Lauren Parisi presented the following information on Accessory Dwelling Unit (ADU) Assistance Pilot Program •Financing was the number one challenge for building ADUs •Area being targeted for ADU implementation – 9-Line Project •Held 12 stakeholder interviews to gather data for the current program plan •Goals to increase the supply of affordable rental housing in neighborhoods •Program preferences of loan and grant •Cost-cutting strategies and affordability discussions 3.Redevelopment Agency Budget for Fiscal Year 2023-24 Follow-up ~ 1:40 p.m.  30 min The Board will receive a follow-up briefing about the proposed budget for the Redevelopment Agency of Salt Lake City for Fiscal Year 2023-24.   Jennifer Bruno discussed the following information regarding the RDA Budget changes: •RDA Notice of Funding Availability for Housing •Partnership with Neighborworks for equity-sharing workforce housing project •City-wide Accessory Dwelling Unit incentives •Partnership with Salt Lake County for adding housing to Sunday-Anderson Senior Center 4.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 5.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 Scheduling Items.   Item Not Held 6.Report of the Chair and Vice Chair TENTATIVE  5 min. Report of the Chair and Vice Chair.   Board Member Puy thanked everyone for their efforts on the budget and the collaboration of all departments.   MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY Tuesday, June 13, 2023 3 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.   Item Not 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.   Item Not Held 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. MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY Tuesday, June 13, 2023 4 Adjournment  G.   Meeting ended at 2:04 pm MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY Tuesday, June 13, 2023 5 Meeting adjourned at 2:04 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, June 13, 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, June 13, 2023 6 PENDING MINUTES – NOT APPROVED The Local Building Authority, Redevelopment Agency, and the Salt Lake City Council of Salt Lake City, Utah met in Formal Session on Tuesday, June 13, 2023. The following Board Directors/Council Members were present: Ana Valdemoros, Victoria Petro, Daniel Dugan, Amy Fowler, Chris Wharton, Alejandro Puy, Darin Mano Present Legislative leadership: Cindy Gust-Jenson – Executive Director, Jennifer Bruno – Deputy Director, Lehua Weaver – Associate Deputy Director Present Administrative leadership: Rachel Otto – Chief of Staff, Lisa Shaffer – Chief Administrative Officer, Danny Walz – Redevelopment Agency 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, Sam Owen – Public Policy Analyst Council Member Wharton presided at and conducted the meeting. The meeting was called to order at 7:03 pm. MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 13, 2023 1     LOCAL BUILDING AUTHORITY of SALT LAKE CITY, UTAH MEETING   A.LBA OPENING CEREMONY: 1.Board/Council Member Chris Wharton will conduct the formal meeting. 2.Pledge of Allegiance. 3.Welcome and Public Meeting Rules. B.LBA POTENTIAL ACTION:   1.Resolution: Budget for the Capital Projects Fund of the Local Building Authority for Fiscal Year 2023-24 The Board will consider approving a resolution adopting the final budget for the Capital Projects Fund of the Local Building Authority of Salt Lake City for Fiscal Year 2023-24. The LBA’s Capital Projects Fund for Fiscal Year 2023-24 only includes the bond debt services for the Glendale and Marmalade Libraries. (Other Capital projects throughout the City are included in the Mayor’s Recommended Budget.) The LBA is a financing tool for cities and government entities, like libraries, to bond for capital projects at better interest rates. Capital projects are big projects like parks, public buildings, and street projects.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, June 13, 2023 Staff Recommendation - Refer to motion sheet(s).   Motion: Moved by Council Member Dugan, seconded by Council Member Puy to adopt Resolution 2 of 2023 the final budget for the Capital Projects Fund of the MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 13, 2023 2 Loca Building Authority of Salt Lake City for the Fiscal Year 2023-24. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Amy Fowler, Chris Wharton, Alejandro Puy, Darin Mano Final Result: 7 – 0 Pass C.LBA ADJOURNMENT: Motion: Moved by Council Member Dugan, seconded by Council Member Valdemoros to adjourn. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Amy Fowler, Chris Wharton, Alejandro Puy, Darin Mano Final Result: 7 – 0 Pass   MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 13, 2023 3 REDEVELOPMENT AGENCY of SALT LAKE CITY, UTAH MEETING Please note: Dates not identified in the FYI - Project Timeline are either not applicable or not yet determined. D.RDA POTENTIAL ACTION:   1.Resolution: Budget for the Redevelopment Agency of Salt Lake City for Fiscal Year 2023-24 The Board will consider approving a resolution adopting the final budget for the Redevelopment Agency of Salt Lake City for Fiscal Year 2023-24.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, June 13, 2023 Staff Recommendation - Refer to motion sheet(s).   Motion: Moved by Council Member Puy, seconded by Council Member Dugan to adopt Resolution 12 of 2023 approving the Fiscal Year 2024 RDA Budget reflected in the attached Key Changes spreadsheet. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Amy Fowler, Chris Wharton, Alejandro Puy, Darin Mano Final Result: 7 – 0 Pass E.RDA ADJOURNMENT:   Motion: Moved by Council Member Mano, seconded by Council Member Puy to adjourn. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Amy Fowler, Chris Wharton, Alejandro MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 13, 2023 4 Puy, Darin Mano Final Result: 7 – 0 Pass   MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 13, 2023 5 SALT LAKE CITY COUNCIL MEETING Please note: Dates not identified in the FYI - Project Timeline are either not applicable or not yet determined.     F.CITY COUNCIL OPENING CEREMONY: 1.The Council will approve the work session meeting minutes of January 3, 2023; February 21, 2023; March 7, 2023; March 14, 2023; March 21, 2023; April 11, 2023, and April 18, 2023, as well as the formal meeting minutes of March 7, 2023; March 21, 2023, and April 11, 2023. Motion: Moved by Council Member Dugan, seconded by Council Member Puy to approve the work session meeting minutes of January 3, 2023; February 21, 2023; March 7, 2023; March 14, 2023; March 21, 2023; April 11, 2023, and April 18, 2023, as well as the formal meeting minutes of March 7, 2023; March 14, 2023; March 21, 2023, and April 11, 2023. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Amy Fowler, Chris Wharton, Alejandro Puy, Darin Mano Final Result: 7 – 0 Pass 2.The Council will consider adopting a joint ceremonial resolution with Mayor Mendenhall recognizing June 19, 2023 as Juneteenth Freedom Day in Salt Lake City. Council Member Wharton read the resolution and thanked Betty Sawyer (Executive Director, Project Success Coalition & President, Ogden NAACP) and Representative Sandra Hollins for their attendance. Betty Sawyer spoke on the importance of the resolution, expressed appreciation for the City’s collaboration over the years, and thanked the Council for their commitment to the effort. Motion: Moved by Council Member Petro, seconded by Council Member Dugan to adopt Resolution 18 of 2023 Joint Ceremonial Resolution with Mayor Mendenhall recognizing June 19, 2023 as Juneteenth Freedom Day in Salt Lake City. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Amy Fowler, Chris Wharton, Alejandro Puy, Darin Mano Final Result: 7 – 0 Pass G.PUBLIC HEARINGS:   MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 13, 2023 6 1.Resolution: Issuance of Airport Revenue Bonds, Series 2023 for Financing the Construction of the New SLC International Airport The Council will accept public comment for a parameters resolution authorizing the issuance and sale of not more than $600,000,000 aggregate principal amount of one or more series of Airport Revenue Bonds, series 2023, for the purpose of financing certain Capital Improvements to the Salt Lake City International Airport. The Council's action includes authorizing the execution of a supplemental indenture, a bond purchase agreement, and other documents as required. For more information on this item visit https://tinyurl.com/SLCAirports.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - Tuesday, May 9, 2023 Set Public Hearing Date - Tuesday, May 16, 2023 Hold hearing to accept public comment - Tuesday, June 6, 2023 and Tuesday, June 13, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, May 16, 2023 Staff Recommendation - Refer to motion sheet(s).   Sam Owen provided a brief introduction to the resolution. There were no public comments. Motion: Moved by Council Member Dugan, seconded by Council Member Puy to close the public hearing. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Amy Fowler, Chris Wharton, Alejandro Puy, Darin Mano Final Result: 7 – 0 Pass H.POTENTIAL ACTION ITEMS:   1. Ordinance: Salt Lake School District Signs The Council will consider adopting an ordinance that would amend the zoning text of Section 21A.46.052 of the Salt Lake City Code pertaining to pole signs on school properties. Public and private schools are located in various zoning districts around the City, and not all of the zoning districts permit freestanding pole signs. The signs are used to educate the community about activities at the school. Petitioner: Paul Schulte representing the Salt Lake City School District, Petition No.: PLNPCM2021-00190    FYI – Project Timeline: (subject to change per Chair direction or Council discussion) MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 13, 2023 7 Briefing - Tuesday, May 16, 2023 Set Public Hearing Date - Tuesday, May 16, 2023 Hold hearing to accept public comment - Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, June 13, 2023 Staff Recommendation - Refer to motion sheet(s).   Council Member Fowler took a moment of personal privilege to note it was her last Council meeting, expressed gratitude to be a voting party to six budget years as a Council Member, spoke on the many programs that were important for the City to recognize/fund, and thanked fellow Council Members, Council Staff, Mayor, constituents of the City and many others. Motion: Moved by Council Member Dugan, seconded by Council Member Mano to adopt Ordinance 26 of 2023 Salt Lake School District Signs. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Amy Fowler, Chris Wharton, Alejandro Puy, Darin Mano Final Result: 7 – 0 Pass 2. Resolution: Cannon Greens Community Garden at 1300 South and 800 West, Public Benefits Analysis and Authorizing the Lease Rate and Terms The Council will consider adopting a resolution that would authorize below- market rent for lease of properties at 1300 South and 800 West for urban farming programs. The Public Lands Department is proposing authorization of leases to the International Rescue Committee (IRC) and Wasatch Community Gardens (WCG) for eight City-owned parcels, totaling 2.41 acres.    FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - Tuesday, June 6, 2023 Set Public Hearing Date - Tuesday, May 23, 2023 Hold hearing to accept public comment - Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, June 13, 2023 Staff Recommendation - Refer to motion sheet(s).   Motion: Moved by Council Member Puy, seconded by Council Member Dugan to adopt Resolution 19 of 2023 authorizing below market rent for lease of properties located at 1300 South and 800 West for urban farming programs. MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 13, 2023 8 AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Amy Fowler, Chris Wharton, Alejandro Puy, Darin Mano Final Result: 7 – 0 Pass 3. Ordinance: New Five-Year Housing Plan, Housing SLC The Council will consider adopting an ordinance that would adopt the proposed new five-year housing plan, Housing SLC. The City’s current housing plan, Growing SLC, expires at the end of the fiscal year, and a new moderate income housing plan is needed to meet State code requirements and receive priority consideration for State funding resources. For more information on this item visit https://tinyurl.com/SLCHousingProposals.    FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - Thursday, May 25, 2023 Set Public Hearing Date - Tuesday, May 23, 2023 Hold hearing to accept public comment - Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, June 13, 2023 Staff Recommendation - Refer to motion sheet(s). Ordinances listed below (H4– H17) are associated with the implementation of the Mayor’s Recommended Budget for Salt Lake City, including the Library Fund, for the Fiscal Year (FY) 2023-24. For more information on this item visit https://tinyurl.com/SLCFY24.   Council Member Petro clarified for the record this was a State required plan for housing that specifically addressed what the City was doing for moderate housing, the specificity of the income level was intentional and conformed with State guidance. Motion: Moved by Council Member Dugan, seconded by Council Member Puy to adopt Ordinance 27 of 2023 New Five-Year Housing Plan, Housing SLC. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Amy Fowler, Chris Wharton, Alejandro Puy, Darin Mano Final Result: 7 – 0 Pass 4. Ordinance: Adopting the Budget for the Library Fund of Salt Lake City, Utah for Fiscal Year 2023-24 The Council will consider approving an ordinance adopting the budget for the Library Fund of Salt Lake City, Utah for Fiscal Year 2023-24.    FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 13, 2023 9 Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, June 13, 2023 Staff Recommendation - Refer to motion sheet(s).   Motion: Moved by Council Member Dugan, seconded by Council Member Mano to adopt Ordinance 28 of 2023 Adopting the Budget for the Library Fund of Salt Lake City, Utah for Fiscal Year 2023-24. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Amy Fowler, Chris Wharton, Alejandro Puy, Darin Mano Final Result: 7 – 0 Pass 5. Ordinances relating to the Fiscal Year 2023-24 City Budget, excluding the budget for the Library Fund The Council will consider approving an ordinance adopting the budget for Salt Lake City, Utah, excluding the budget for the Library Fund which is separately adopted, and the employment staffing document of Salt Lake City, Utah for Fiscal Year 2023-24.    FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, June 13, 2023 Staff Recommendation - Refer to motion sheet(s).   Motion: Moved by Council Member Mano, seconded by Council Member Puy to adopt Ordinance 29 of 2023 approving Salt Lake City’s Fiscal Year 2023-24 budget as outlined in the attached key changes spreadsheets and staffing document, excluding the schedule for capital projects and debt and the Library Fund, including the contingent appropriations as listed on the motion sheet under Motion #2, items A through D. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Amy Fowler, Chris Wharton, Alejandro Puy, Darin Mano Final Result: 7 – 0 Pass MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 13, 2023 10 6. Ordinance: Adopting the rate of tax levy, including the levy for the Library Fund, for Fiscal Year 2023-24 The Council will consider approving an ordinance adopting the rate of tax levy, including the levy for the Library Fund, upon all real and personal property within Salt Lake City made taxable by law for Fiscal Year 2023-24.    FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, June 13, 2023 Staff Recommendation - Refer to motion sheet(s).   Motion: Moved by Council Member Dugan, seconded by Council Member Mano to adopt Ordinance 30 of 2023 setting the final rate of tax levy, including the final levy for the Library Fund, upon all real and personal property within Salt Lake City, made taxable by law for Fiscal Year 2023-24 as listed on the motion sheet, and authorize the Council Chair to sign the necessary documentation for the State Tax Commission. A tax of .003599 on each dollar of taxable valuation of which: A. .002456 shall be credited as revenue in the General Fund, generating $100,530,046 of ongoing revenue; and B. .000037 shall be credited to the judgment levy for the General Fund, a one-year adjustment generating $1,498,935 of one-time revenue; and C. .000580 shall be credited as revenue in the special Library Fund, generating $24,916,220 of ongoing revenue; and D. .000424 shall be credited toward repayment of General Obligation Bonds, generating $17,342,055 of ongoing revenue; and E. .000007 shall be credited to the judgment levy for the Library Fund, a one-year adjustment generating $293,207 of one-time revenue; and F. .000095 shall be credited as revenue in the special Governmental Immunity Fund for tort liability, generating $3,888,581 of ongoing revenue. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Amy Fowler, Chris Wharton, Alejandro Puy, Darin Mano Final Result: 7 – 0 Pass Motion: Moved by Council Member Puy, seconded by Council Member Dugan to adopt $39,759,267 to be transferred into CIP, including approving $11,701,526 in funding as shown on the motion sheet. MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 13, 2023 11 AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Amy Fowler, Chris Wharton, Alejandro Puy, Darin Mano Final Result: 7 – 0 Pass Motion: Moved by Council Member Valdemoros, seconded by Council Member Petro to adopt the Legislative Intent Statements as outlined on the motion sheet under Motion 5, items A through I. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Amy Fowler, Chris Wharton, Alejandro Puy, Darin Mano Final Result: 7 – 0 Pass 7. Ordinance: Amendments to the Salt Lake City Consolidated Fee Schedule for Fiscal Year 2023-24 The Council will consider approving an ordinance amending various fees and fee information set forth in the Salt Lake City Consolidated Fee Schedule.    FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, June 13, 2023 Staff Recommendation - Refer to motion sheet(s).   8. Ordinance: Compensation Plan for All Non-represented employees of Salt Lake City for Fiscal Year 2023-24 The Council will consider adopting an ordinance approving a compensation plan for all non-represented employees of Salt Lake City.    FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, June 13, 2023 Staff Recommendation - Refer to motion sheet(s). MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 13, 2023 12   9. Ordinance: Appropriating Necessary Funds to Implement Provisions of an MOU between Salt Lake City and AFSCME for Fiscal Year 2023- 24 The Council will consider adopting an ordinance appropriating necessary funds to implement, for Fiscal Year 2023-24, the provisions of the Memorandum of Understanding (MOU) between Salt Lake City Corporation and the American Federation of State, County, and Municipal Employees (AFSCME) Local 1004, representing eligible employees.    FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, June 13, 2023 Staff Recommendation - Refer to motion sheet(s).   10. Ordinance: Approving an MOU between Salt Lake City and AFSCME for Fiscal Year 2023-24 The Council will consider adopting an ordinance approving a Memorandum of Understanding (MOU) between Salt Lake City Corporation and the American Federation of State, County, and Municipal Employees (AFSCME) Local 1004, representing eligible employees pursuant to the Collective Bargaining and Employee Representation Joint Resolution dated March 22, 2011, which shall become effective on proper ratification and signature.    FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, June 13, 2023 Staff Recommendation - Refer to motion sheet(s).   11. Ordinance: Appropriating Necessary Funds to Implement Provisions MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 13, 2023 13 of the MOU between Salt Lake City and the International Association of Firefighters for Fiscal Year 2023-24 The Council will consider adopting an ordinance appropriating the necessary funds to implement, for Fiscal Year 2023-24, the provisions of the Memorandum of Understanding (MOU) between Salt Lake City Corporation and the International Association of Firefighters Local 81, representing eligible employees.    FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, June 13, 2023 Staff Recommendation - Refer to motion sheet(s).   12. Ordinance: Appropriating Necessary Funds to Implement Provisions of the MOU between Salt Lake City and the Salt Lake City Police Association for Fiscal Year 2023-24 The Council will consider adopting an ordinance appropriating necessary funds to implement, for Fiscal Year 2023-24, the provisions of the Memorandum of Understanding (MOU) between Salt Lake City Corporation and the Salt Lake Police Association, representing eligible employees.    FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, June 13, 2023 Staff Recommendation - Refer to motion sheet(s).   13. Ordinance: Accessible Parking Space Violation The Council will consider adopting an ordinance that would amend sections of the Salt Lake City Code to adjust penalties for accessible parking space violations to better correspond with similar penalties described in the State of Utah MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 13, 2023 14 Uniform Fine Schedule.    FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, June 13, 2023 Staff Recommendation - Refer to motion sheet(s).   14. Ordinance: Board Member Employee Status The Council will consider adopting an ordinance that would clarify status of members appointed to Salt Lake City Boards and Commissions who receive compensation for their service.    FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - n/a Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, June 13, 2023 Staff Recommendation - Refer to motion sheet(s).   15. Ordinance: Past Due Accounts Receivable Fees The Council will consider adopting an ordinance that would amend the Salt Lake City Code pertaining to past due accounts receivable fees and incorporating references to the Salt Lake City Consolidated Fee Schedule.    FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, June 13, 2023 MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 13, 2023 15 Staff Recommendation - Refer to motion sheet(s).   16. Ordinance: Removal/Bagging of Parking Meters The Council will consider adopting an ordinance that would amend the Salt Lake City Code pertaining to removal of parking meters and incorporating references to the Salt Lake City Consolidated Fee Schedule.    FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, June 13, 2023 Staff Recommendation - Refer to motion sheet(s).   17. Resolution: Public Safety Compensation Philosophy The Council will consider adopting a resolution identifying aspirational goals that public safety employees in the Fire Department and Police Department have compensation at or near the top of the local market.    FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - TBD Set Public Hearing Date - Tuesday, April 18, 2023 Hold hearing to accept public comment - Tuesday, May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, June 13, 2023 Staff Recommendation - Refer to motion sheet(s).   Motion: Moved by Council Member Puy, seconded by Council Member Dugan to adopt ordinances A through J as shown on the motion sheet relating to the Fiscal Year 2023-24 budget. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Amy Fowler, Chris Wharton, Alejandro Puy, Darin Mano Final Result: 7 – 0 Pass MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 13, 2023 16 I.COMMENTS: 1.Questions to the Mayor from the City Council. Council Members thanked and noted appreciation for the Mayor/Administration and Council Staff for a well thought out/balanced budget and for all the hard work directed to this years budget adoption. 2.Comments to the City Council. (Comments are taken on any item not scheduled for a public hearing, as well as on any other City business. Comments are limited to two minutes.) Zakayrde Zufelt, Paige Huff, Jessica Lyman, Daniel Taylor, Wendy Garvin, Amanda DeBoard, Jessica Sweeten, Charlotte Brimhall, Jeanette Padilla, Dave John, Miranda Twitchell, Jonni (no last name), Kseniya Kniazeva, Destiny Newlin, Gucci Stacks, AJ Lonewolf, Roselynn Ellis, Brad Sahleen, and James Faircloth spoke in favor of proposed funding for sanctioned campgrounds. Comments included: more trash facilities and public utilities were needed in the downtown area so that public waste was not an issue for the homeless, abatements have been a constant issue, shelter bed availability was in constant demand, a safe place was needed to store personal items while away for jobs, interviews, etc., requesting the Council partner with Unsheltered Utah for a sanctioned campground, appreciation for the effort placed into prioritizing the safety and accessibility of resources to the City's homeless population, sanctioned campgrounds could allow for a greater co-op efficiency and receive resources from various entities, having a safe/secure home base would provide greater security and state of mind, it was a kindness to people to offer a safe place to be, funding efforts being a great start – but not enough, thankful for a Council who was innovative and took chances, and sanctioned campgrounds were an offer of hope that brought ambition. Jeneanne Lock praised the employees of the Rose Park Library, expressed gratitude for the approved Library budget, and asked the City to continue supporting City Libraries. Jay Larsen spoke of an ordinance passed in Spokane, Washington he supported regarding being a nuclear free City and encouraged the Council to pass a similar ordinance for Salt Lake City. Matt Lehnardt spoke regarding tiny home villages and detailed possible successes and benefits to the community as more of a permanent solution to homelessness. Kem Elbrader spoke regarding planned traffic calming measures near 1300 South/2100 East intersection and thanked the Council for the proposed projects and noted there was overwhelming support for the efforts in the neighborhood. Alison Elbrader spoke regarding planned traffic calming for 1300 South, the importance of traffic calming in this neighborhood and City-wide, and cited a recent dangerous vehicle vs. pedestrian experience involving her family. Council Member Puy took a moment of personal privilege and spoke regarding the MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 13, 2023 17 Council’s action regarding catalytic funding being held for sanctioned camping/RV parking, his positive experiences visiting successful sanctioned campgrounds, and that this effort was the responsibility of many entities, not just the City. Council Member Wharton took a moment of personal privilege to encourage those supporting efforts for sanctioned camping/helping the unsheltered to reach out to other City Councils/government agencies to assist in similar efforts. Council Member Valdemoros took a moment of personal privilege to thank the Nomad Alliance and other similar groups supporting the sanctioned camping proposals and for all the work done on their part for the effort. Council Member Mano thanked those who attended the meeting and shared their experiences today. J.NEW BUSINESS: NONE.   K.UNFINISHED BUSINESS: 1.Resolution: General Obligation Bond for Parks, Trails, and Open Space, Series 2023 The Council will consider adopting a resolution authorizing up to $25,500,000 Federally Taxable General Obligation Bond for Parks, Trails, and Open Space; delegating authority to certain officials and officers of the City; and providing for related matters. Voters authorized $85 million for the bonds in November 2022. This would be the first issuance to fund several projects, three positions working on the bond projects, contingency funding, and public art. Some projects would be fully funded in the first issuance while others would have initial public engagement and planning. For more information on this item visit https://tinyurl.com/SLCbonds.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - Tuesday, June 6, 2023 Set Public Hearing Date - n/a Hold hearing to accept public comment - n/a TENTATIVE Council Action - Tuesday, June 13, 2023 Staff Recommendation - Refer to motion sheet(s).   Motion: Moved by Council Member Dugan, seconded by Council Member Puy to adopt Resolution 17 of 2023 authorizing up to $25.5 million of the City’s Federally taxable General Obligation Bonds for Parks, Trails, and Open Spaces. MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 13, 2023 18 AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Amy Fowler, Chris Wharton, Alejandro Puy, Darin Mano Final Result: 7 – 0 Pass 2.Ordinance: Economic Development Revolving Loan Fund – Salt Lake Sandwich Company, LLC The Council will consider adopting an ordinance that would approve a $100,000 loan for Salt Lake Sandwich Company, Inc., at 1408 West Arapahoe Ave. from the Economic Development Loan Fund (EDLF). Salt Lake Sandwich Company is a Poplar Grove based breakfast focused food truck. This loan will assist in the creation of 3.5 new jobs in the next year.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - Monday, June 12, 2023 Set Public Hearing Date - n/a Hold hearing to accept public comment - n/a TENTATIVE Council Action - Tuesday, June 13, 2023 Staff Recommendation - Refer to motion sheet(s).   Motion: Moved by Council Member Dugan, seconded by Council Member Puy to adopt Ordinance 39 of 2023 approving a $100,000 loan for Salt Lake Sandwich Company, LLC, from the Economic Development Loan Fund. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Amy Fowler, Chris Wharton, Alejandro Puy, Darin Mano Final Result: 7 – 0 Pass L.CONSENT: 1.Ordinances: Rezone and Zoning Text Amendment at 754 South State Street The Council will set the date of Tuesday, July 11, 2023 at 7 p.m. to accept public comment and consider adopting an ordinance that would amend the zoning of property at approximately 754 South State Street from D-2 (Downtown Support District) to D-1 (Central Business District). The purpose of the proposed amendment is to allow for the redevelopment of the property with an urban hospital. The Council will also consider an ordinance that would amend the text of Section 21A.33.050 of the Salt Lake City Code to add Hospitals (including accessory lodging facility), and Ambulance Services (indoor & outdoor) as Conditional Uses in the D-1 Central Business District. Consideration may be given to rezoning the property to another zoning district with similar characteristics. Petitioner: Kirton McConkie, Petition No.: PLNPCM2022-01109   FYI – Project Timeline: (subject to change per Chair direction or Council MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 13, 2023 19 discussion) Briefing - Tuesday, July 11, 2023 Set Public Hearing Date - Tuesday, June 13, 2023 Hold hearing to accept public comment - Tuesday, July 11, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, August 8, 2023 Staff Recommendation - Set date.   2.Ordinance: Rezone and Master Plan Amendment at 1782 South 1600 East The Council will set the date of Tuesday, July 18, 2023 at 7 p.m. to accept public comment and consider adopting an ordinance that would amend the Sugar House Master Plan Future Land Use Map and the Zoning Map for 1782 S 1600 E. The amendments are sought for the purpose of eventually legalizing the property in order to construct a single- family dwelling. The applicant is seeking to rezone the property from R-1/7000 (Single- Family Residential) to SR-3 (Special Development Residential). The applicant is also seeking to amend the Sugar House Future Land Use Map from Low Density Residential to Medium Density Residential. No development plans have been submitted at this time. The properties are within Council District 7. Petitioner: Blaine Properties LLC, Petition No.: PLNPCM2022-01138 & PLNPCM2022-01139 The Planning Commission forwarded a negative recommendation, therefore an ordinance has not been drafted. If the Council decides to approve the zone amendment, an ordinance would be drafted and considered for approval.   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - Tuesday, July 18, 2023 Set Public Hearing Date - Tuesday, June 13, 2023 Hold hearing to accept public comment - Tuesday, July 18, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, August 8, 2023 Staff Recommendation - Set date.   3.Resolution: Capital Improvement Program Projects The Council will set the dates of Tuesday, July 18, 2023 and Tuesday, August 8, 2023 at 7 p.m. to accept public comment and consider adopting a resolution for project funding allocations in the Capital Improvement Program (CIP), which involves the construction, purchase or renovation of buildings, parks, streets or other City-owned physical structures. Generally, projects have a useful life of at least five years and cost $50,000 or more. The Council approves debt service and overall CIP funding in the annual budget process, while project-specific funding is approved by September 1 of the same calendar year. MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 13, 2023 20   FYI – Project Timeline: (subject to change per Chair direction or Council discussion) Briefing - Tuesday, June 6, 2023 Set Public Hearing Date - Tuesday, June 13, 2023 Hold hearing to accept public comment - Tuesday, July 18, 2023 and Tuesday, August 8, 2023 at 7 p.m. TENTATIVE Council Action - Tuesday, August 15, 2023 Staff Recommendation - Set date.   Motion: Moved by Council Member Fowler, seconded by CouncilMember Puy to approve the Consent agenda. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Amy Fowler, Chris Wharton, Alejandro Puy, Darin Mano Final Result: 7 – 0 Pass M.ADJOURNMENT: MINUTES OF THE SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 13, 2023 21 Meeting adjourned at 8:43 pm. Council Minutes Approved: RDA Minutes Approved: LBA Minutes Approved: _______________________________ City Council Chair Darin Mano _______________________________ Redevelopment Agency Chair Alejandro Puy _______________________________ Local Building Authority Chair Darin Mano _______________________________ 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 City Council, RDA, and LBA meeting held Tuesday, June 13, 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 SALT LAKE CITY COUNCIL, LOCAL BUILDING AUTHORITY AND REDEVELOPMENT AGENCY Tuesday, June 13, 2023 22 PENDING MINUTES – NOT APPROVED The Board of Directors of the Redevelopment Agency (RDA) of Salt Lake City met on Tuesday, August 15, 2023. The following Board Members were present: Ana Valdemoros, Victoria Petro, Daniel Dugan, Chris Wharton, Alejandro Puy, Darin Mano, Sarah Young Present Agency Leadership: Mayor Erin Mendenhall, Danny Walz – Director, Cara Lindsley – Deputy Director Present City Staff: Katherine Lewis – City Attorney, Cindy Lou Trishman – City Recorder, Michelle Barney – Minutes & Records Clerk, Thais Stewart – Deputy City Recorder , Isaac Canedo – Public Engagement Communication Specialist, Taylor Hill – Constituent Liaison/Policy Analyst, Scott Corpany – Staff Assistant Director Chair Puy presided at and conducted the meeting. The meeting was called to order at 2:05 pm MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY Tuesday, August 15, 2023 1 A. Comments: NONE. 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.Resolution: Amendment to Terms for Loan to Ville 1659, LLC TENTATIVE 10 min. The Board will receive a briefing about and consider adopting a resolution that would amend the terms for a loan to Ville 1659. Danny Walz gave a brief overview of the reasoning for the meeting and what was needed to move forward with the loans. Directors and Danny Walz discussed • Conditions for closing a standard loan agreement • Standard language in the loan closing and agreements • Possible funding conditions • Options for verifying funding sources • Construction schedule • Potential recourse options if the unit delivery schedule was not met • What would happen if the loans were not repaid • Potential loss of the affordable units if the loan were not repaid and the legal action that could be taken to retain the affordable units • Ensuring the City gained the largest impact in the shortest amount of time • Reasoning/purpose of the proposed amendment • Budgetary cost of the Staff to handle the approval/review of contracts such as this 2.Resolution: Clarification of the Housing Development Loan Program TENTATIVE 10 min The Board will receive a briefing about and consider adopting a resolution clarifying the Housing Development Loan Program. 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: NONE. E.Consent – the following items are listed for consideration by the Board and can be MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY Tuesday, August 15, 2023 2 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< (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 5:15 pm Held via Zoom and in the Work Session Room (location) Council Members in Attendance: Council/Board Members Dugan, Young, Petro, Puy, Mano, Wharton and Valdemoros City Staff in Attendance: Mayor Mendenhall, Rachel Otto, Lisa Shaffer, Lindsey Nikola, Andrew Johnston, Katherine Lewis, Sara Montoya, Kimberly Chytraus, Paul Nielson, Allison Parks, Danny Walz, Tammy Hunsaker, Blake Thomas, Mary Beth Thompson, Cindy Gust-Jenson, Jennifer Bruno, Lehua Weaver, Allison Rowland, Ben Luedtke, and Cindy Lou Trishman Closed Session ended at 6:00 pm Motion: Moved by Director Wharton, seconded by Director Valdemoros to enter into Closed Session as the RDA Board and City Council for the purposes of strategy MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY Tuesday, August 15, 2023 3 Adjournment 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, and for other lawful purposes that satisfy the pertinent requirements of the Utah Open and Public Meetings Act. AYE: Ana Valdemoros, Victoria Petro, Daniel Dugan, Chris Wharton, Alejandro Puy, Darin Mano, Sarah Young Final Result: 7 – 0 Pass Motion: Moved by Director Dugan, seconded by Director Puy 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, August 15, 2023 5 Meeting adjourned at 6:00 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, August 15, 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. Station Center Vision and Implementation Plan 1September 2023 Station Center The Vision and Implementation Plan Station Center Vision and Implementation Plan 2September 2023 Today’s Agenda 01 ― Design Framework ― 10 Minutes 02 ― Governance ― 10 Minutes 03 ― Questions/Guidance ― 20 Minutes Station Center Vision and Implementation Plan 3September 2023 Station Center places community wellness at the heart of its design framework. The neon glow of the Rio Grande sign shining atop the historic depot is a beacon, welcoming all Utahns to be a part of a robust new Downtown neighborhood located at Utah’s most transit rich gateway. The Vision Station Center Vision and Implementation Plan 4September 2023 The Community Stakeholder Process Station Center Vision and Implementation Plan 5September 2023 Station Center Vision and Implementation Plan 6September 2023 Design Framework Regenerative Public Realm Mobility Network Shared Parking Arts and Culture Vibrant Downtown Social Infrastructure Vertical Mixed-Use Sustainable Development Our framework consists of critical layers to establish the optimal SLC Community Wellness District Station Center Vision and Implementation Plan 7September 2023 Establishing Compact Blocks Regenerative Public Realm Break up the typical SLC block for a more walkable environment. Station Center Vision and Implementation Plan 8September 2023 Restoring the Site for All Living Things Regenerative Public Realm Tree Canopy Biodiversity Water Conservation Native Planting Community Spaces Station Center Vision and Implementation Plan 9September 2023 Enabling Sustainable Mobility Mobility Network Pedestrian Priority Bikeways for All Ages and Abilities Seamless Transit Connections Walking & Rolling Cycling Public Transit Ride Share Cars Micromobility Mobility Pyramid Station Center Vision and Implementation Plan 10September 2023 Championing the Green Loop Mobility Network Fleet Block Station Center Delta Center Temple Square City & County Building Library Square Salt Palace Station Center Vision and Implementation Plan 11September 2023 Mobility Network Beltline Marketplace, Atlanta, GA Centennial Park, Midland, TX Programming Everyday Community Life Station Center Vision and Implementation Plan 12September 2023 Activating the Festival Street Mobility Network Urban Reef, Vancouver, BC Pioneer Courthouse Square, Portland, OR Station Center Vision and Implementation Plan 13September 2023 Ensuring Functional Roadways Mobility Network On-Street Parking Loading and Servicing Zones Vehicle Movement and Access Walking & Rolling Cycling Public Transit Ride Share Cars Micromobility Mobility Pyramid Station Center Vision and Implementation Plan 14September 2023 Leading with Shared Parking Shared Parking District Depot District partnerships to maximum utilization of existing parking supply. Unbundled shared parking for the entire district. Progressive TOD parking ratios for new development 50% reduction target in conventional parking supply 1 2 3 Gateway SL Central Station Center Station Center Vision and Implementation Plan 15September 2023 Curating Public Places of Culture, Arts, and Performance Arts and Culture Station Center Vision and Implementation Plan 16September 2023 Curating Public Places of Culture, Arts, and Performance Arts and Culture A Temporal Canvas for Local Artists and Artisans A Venue for Beloved Established and New Events that Build Community Station Center Vision and Implementation Plan 17September 2023 W Strengthening Social Fabric Social Infrastructure State of Utah Connect to 9 Line and Folsom Trail Apprenticeships and workforce development Entrepreneurial opportunities and wealth generation Support artists and non-profits Healthy food options Inclusive public spaces Affordable rentals and home ownership Family size units Micro-enterprise commercial space Community health clinic Station Center Vision and Implementation Plan 18September 2023 Catalyzing Downtown Street Life Vibrant Downtown Station Center Vision and Implementation Plan 19September 2023 Maximizing the TOD Potential Vertical Mixed-Use Station Center Vision and Implementation Plan 20September 2023 Inviting People to Live, Work, Play, and Learn Downtown Vertical Mixed-Use Residential Active Use Commercial Community Life Science Hospitality Civic/Cultural Parking Station Center Vision and Implementation Plan 21September 2023 Fostering Biophilic Neighborhood Sustainable Development All Buildings Connected to Nature Preserving embodied carbon Station Center Vision and Implementation Plan 22September 2023 Conserving and Celebrating Water Sustainable Development Underground water basin Recycled water supply for non-potable uses Stormwater management Permeable surfaces Station Center Vision and Implementation Plan 23September 2023 Harnessing Solar Power Sustainable Development All electric district Design for climatic comfort Optimal building orientation No net new particulates Station Center Vision and Implementation Plan 24September 2023 Regenerative Public Realm Mobility Network Shared Parking Arts and Culture Vibrant Downtown Social Infrastructure Vertical Mixed-Use Sustainable DevelopmentStation Center Design Vision 1 | H R & A A d v i s o r s R D A B o a r d M e e t i n g Governance provides clarity of leadership, decision-making, and resource alignment. 2 | H R & A A d v i s o r s R D A B o a r d M e e t i n g Program Place People RESOURCE ALIGNMENT A SUCCESSFUL, VIBRANT DISTRICT LEADERSHIP A leadership framework and alignment of resources are the first two steps in governance at Station Center. THE GOVERNANCE FRAMEWORK 3 | H R & A A d v i s o r s R D A B o a r d M e e t i n g Responsible for being the keeper of the vision and ensuring that it is achieved. Public and private entities require clear accountability Critical in leveraging and partnering with the local innovation ecosystem and entities and securing investments Provides a clear hierarchy to settle conflicts and allow for efficiency in vision implementation KEY ROLES OF A SUCCESSFUL GOVERNANCE STRUCTURE Governance will give the RDA and partners clear decision-making pathways. ROLES OF GOVERNANCE 4 | H R & A A d v i s o r s R D A B o a r d M e e t i n g ATTRACT USERS ATTRACT TARGET TENANTS BRAND MANAGEMENT SUPPORT ENTITLEMENTS Activate empty spaces with new uses, attract end users and customers, bringing people on to the site Support attracting tenants that align with the new vision and new experience of the space Test new concepts to inform future mix of amenities Create positive perceptions for customers, tenants, public agencies Signal opportunity and excitement to the public Provide direction to support entitlement narrative Show investors that there is value A good governance structure will activate Station Center, catalyzing transformation towards a welcoming experience and bring people to the site. BENEFITS OF GOVERNANCE 5 | H R & A A d v i s o r s R D A B o a r d M e e t i n g Technology Square, Atlanta Lawn on D, Boston Delmar Loop, St. Louis Successful urban districts have robust governance structures to support activation and to build a thriving and inclusive environment. Cortex, St. Louis GOVERNANCE HAS TRANSFORMED OTHER URBAN DISTRICTS 6 | H R & A A d v i s o r s R D A B o a r d M e e t i n g Governance can position Station Center as a state-of-the-art urban district that exemplifies the values and culture of Salt Lake City. 7 | H R & A A d v i s o r s R D A B o a r d M e e t i n g Pre -Startup Years 1-2 Startup Years 3-4 Stabilization Years 5+ The initial capacity building stage for the development of Station Center could take five years or more. GOVERNANCE TIMELINE 8 | H R & A A d v i s o r s R D A B o a r d M e e t i n g Pre- Startup Years 1-2 Startup Years 3-4 Stabilization Year 5 + Staffing for Station Center is supported by an external, neutral third party offering embedded management services targeted to address the RDA’s staffing gaps and needs. During Station Center’s Growth Phase, staffing begins to transition from external embedded management to include more permanent local staff employed by Station Center. As Station Center reaches maturity, the staffing transition should near completion, with Station Center fully staffed with dedicated, local employees. Capacity should reflect the shifting demands of Station Center as it grows and transforms. STAGING FOR STATION CENTER GOVERNANCE Buffalo Inner Harbor 9 | H R & A A d v i s o r s R D A B o a r d M e e t i n g GOVERNANCE AT STATION CENTER Help attract ground level retail tenants Coordinate with transit agencies Activate and manage open spaces Facilitate arts programming partnerships Facilitate district parking strategy Contract for local food programming Station Center Vision and Implementation Plan 24September 2023 Regenerative Public Realm Mobility Network Shared Parking Arts and Culture Vibrant Downtown Social Infrastructure Vertical Mixed-Use Sustainable DevelopmentStation Center Design Vision 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: August 28, 2023 PREPARED BY: Ashley Ogden, Senior Project Manager RE: Progress Update: Station Center Vision & Implementation Plan REQUESTED ACTION: No formal action requested at this time RECOMMENDATION: Informational briefing only BUDGET IMPACTS: N/A EXECUTIVE SUMMARY: In February 2023, the RDA engaged a consultant team comprising Perkins+Will, HR&A Advisors, Kimley-Horn, and Phil Myrick, placemaking expert, to create a design and redevelopment strategy for approximately 15 acres of RDA-owned property in the Depot District. The subject properties include 11 acres within the “Station Center” bounds of 500-600 West and 200-400 South, and an additional 4 acres near 600 West and 100 South. This agenda item is an interim progress update and opportunity for RDA Board Members to provide feedback on the project’s trajectory. The conversation will be focused on the in-progress urban design framework, as well as consultant recommendations regarding the purview of a Station Center governance entity to oversee the long-term vibrancy of the district. The design framework includes alignment for new streets, the location of new parks and open spaces, calibrated land uses and building heights, a district parking strategy, among other considerations. The proposed governance entity will support the implementation of the design framework through the facilitation of new development, economic development, coordination of transportation, parking, and open space investments, operations and management of the district, creative mechanisms to support local retail partners and other users of Station Center, etc. The Station Center Vision & Implementation Plan will be completed by the end of 2023 and will inform subsequent RDA property disposition activities, as well as an application to the State of Utah to create a Housing and Transit Reinvestment Zone (HTRZ) centered on the UTA Intermodal Hub. ANALYSIS & ISSUES: Summary of Activities to Date  Nine virtual focus group meetings were hosted in April/May 2023 to discuss the vision of the project and gauge potential public-private partnerships. Participants were categorized as educational institutions, industry anchors, industry partners, adjacent property interests, public agencies, and City elected officials.  To ensure a shared vision that enables community-focused outcomes, two advisory committee meetings were held in May 2023 at Gallivan Hall. Approximately 40 representatives of the following groups/sectors participated: o Downtown, Capitol Hill, Fairpark, and Poplar Grove Community Councils o Salt Lake City Corporation o State of Utah o Adjacent property owners, developers, and tenants o Life sciences, fintech, and economic development entities o Education and healthcare institutions o Nonprofit organizations  The consultant team incorporated feedback received from the above engagement efforts into the draft urban design framework, which identifies alignments for new streets, the location of new parks and open spaces, calibrated land uses and building heights, and a district parking strategy, among other considerations.  In August 2023, four virtual meetings were held with adjacent property owners/developers of the Station Center blocks. The project team shared information about the draft urban design framework, proposed right-of-way alignments that will require coordination, intentions to implement a shared parking strategy, and ideas for long-term governance of the neighborhood. Remaining Steps  The project team will host a workshop to share the draft urban design framework with City Departments and receive their important feedback. Special attention will be paid to the redesign of the 500 West right-of-way between 200 and 400 South and how that section can be improved in the short-term without impeding on other City initiatives (for example, this stretch is planned to become part of the future Green Loop alignment).  The project team will reconvene the advisory committee for an in-person, interactive work session that will inform the completion of the Vision & Implementation Plan.  To determine an optimal governance structure, the RDA and consultants will continue to identify necessary roles/functions related to programming, activation, and maintenance of common areas, potential sources and uses of district revenues, and partnerships that could be leveraged to achieve the project’s vision.  Neighborhood standards will be formalized in instruments including, but not limited to, protective covenants, design guidelines, and maintenance agreements.  Other deliverables include a multi-modal infrastructure analysis, real estate market analysis, compilation of best practices, placemaking memo, development feasibility analysis and recommended phasing strategy. PREVIOUS BOARD ACTION: On November 10, 2022, the RDA Board adopted a resolution for RDA Budget Amendment No. 2 for FY 2022-23. The budget amendment provided funds for the RDA to contract with the consultant team to develop a planning and implementation strategy for approximately 15 acres of RDA-owned property in the Depot District Project Area. ATTACHMENTS: A. Station Center Focus Area 3Station Center Vision and Implementation Plan: Existing Conditions Assessment Station Center is located in the Depot District, located directly adjacent to the historic Rio Grande Depot and the Salt Lake Central Station. Downtown Districts Attachment A - Station Center Focus Area htrz TAX Increment reimbursement Policy RDA Board september 12, 2023 Allows for a portion of property tax generated by a development to be reimbursed back to the developer over time Direct payments - don't need to be paid back Post-performance based WHAT IS A TAX INCREMENT REIMBURSMENT? Authorizes municipalities to establish project areas - “HTRZs” - around certain public transit facilities Objectives: Development of mixed use, affordable housing Increased utilization of public transit Authorizes RDA to enter into tax increment reimbursements for projects in an HTRZ that meet objectives of the Act HOUSING AND TRANSIT REINVESTMENT ZONE (HTRZ) ACT Objectives of the HTRZ Act Activated ground-floor space RDA Sustainable Development Policy RDA Art Policy Demonstrated need for TI reimbursement Housing: 20% of units at 80% AMI; or 10% of units at 60% AMI Non-Housing Projects: Meet at least 2 Qualifying Livability Benchmarks HTRZ TAX INCREMENT REIMBURSEMENT POLICY PROPOSAL THRESHOLD CRITERIA Objectives of the HTRZ Act Activated ground-floor space RDA Sustainable Development Policy RDA Art Policy Demonstrated need for TI reimbursement Housing: 20% of units at 80% AMI or 10% of units at 60% AMI Non-Housing Projects: Meet at least 2 Qualifying Livability Benchmarks HTRZ TAX INCREMENT REIMBURSEMENT POLICY PROPOSAL Permanent job creation Affordable commercial space Ownership Neighborhood Safety Community engagement & support Public space Walkability Building preservation THRESHOLD CRITERIA Projects that meet threshold criteria: up to 60% of TI received by RDA for the property Incremental increase (10%) for each additional public benefit: Increased affordability > 2 Qualified Livability Benchmarks Family-sized residential units Meets RDA Annual Housing Funding Priority Maximum reimbursement rate: 90% of TI received by RDA HTRZ TAX INCREMENT REIMBURSEMENT POLICY PROPOSAL REIMBURSEMENT RATE Maximum Reimbursement Term HTRZ centered around LRT/BRT - 15 years HTRZ centered around commuter rail station - 25 years Maximum Reimbursement Amount Project’s eligible costs Public benefits Demonstrated financial need Based on: HTRZ TAX INCREMENT REIMBURSEMENT POLICY PROPOSAL OTHER TERMS Adoption of the formal policy, once Board has considered the draft policy Interlocal agreement between the City and RDA to ensure distribution of TI is consistent with: HTRZ Tax Increment Reimbursement Policy HTRZ Act Approved HTRZ Board consider draft CRA Tax Increment Reimbursement Policy (for non-HTRZ project areas) HTRZ TAX INCREMENT REIMBURSEMENT POLICY PROPOSAL NEXT STEPS 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 DATE: August 28, 2023 PREPARED BY: Cara Lindsley, RDA Deputy Director RE: Proposed HTRZ Tax Increment Reimbursement Policy REQUESTED ACTION: Briefing on the Proposed HTRZ Tax Increment Reimbursement Policy POLICY ITEM: Tax Increment BUDGET IMPACTS: N/A EXECUTIVE SUMMARY: The State of Utah enacted the Housing and Transit Reinvestment Zone Act (“HTRZ Act”) in 2021 and subsequent amendments in 2022 and 2023. The Act authorizes municipalities to establish project areas known as Housing and Transit Reinvestment Zones (“HTRZs”) around certain public transit facilities to encourage the development of mixed-use, affordable housing and increase the utilization of public transit. The Act also authorizes the Redevelopment Agency of Salt Lake City (“RDA”) to enter into tax increment reimbursement agreements with project developers or property owners for the development of improvements in an HTRZ that meet the objectives of the HTRZ Act. The attached draft HTRZ Tax Increment Reimbursement Program Policy (“HTRZ TI Policy”) is provided for the RDA Board of Directors’ (“Board’s”) consideration. Once adopted, this policy will guide the disbursement of tax increment (“TI”) in HTRZs. BACKGROUND: Tax increment reimbursement (“TIR”) allows for a portion of the property tax generated by a development to be reimbursed back to the developer over a given period of time. TIRs are a powerful tool to incentivize certain types of development because unlike a loan, the funding is a direct payment that does not need to be paid back. TIRs are post-performance based, meaning that the amount of the reimbursement is calculated as a percentage of the property tax revenue generated by the development. Projects often use TIRs to fund significant development costs, and securing TIRs often allows developers to attract additional funding sources. The RDA submitted its first HTRZ application to the State in April 2023 (currently under review) and intends to submit additional requests in the future. A Board-approved HTRZ TI Policy will help guide RDA staff in the negotiation and distribution of TIRs to specific projects if/when an HTRZ is approved by the State. ANALYSIS: In the April 2023 HTRZ application, the RDA proposed using 10% to 40% of the tax increment received by the RDA from the HTRZ for large public infrastructure projects in the area. The Agency is authorized to 2 capture 1% for administration costs related to the HTRZ. The remainder of the increment (60% to 90% of the tax increment received by the RDA) would be available for TIRs to specific developments. Components of the draft HTRZ TI Policy include: 1. TI Reimbursement Thresholds – Projects must • Meet the standards and objectives of the HTRZ Act (Utah State Code 63N-3), approved HTRZ, and a future interlocal between the RDA and Salt Lake City • Include activated, ground-floor space • Comply with the RDA’s Sustainable Development Policy • Comply with the RDA’s Art Policy • Provide sufficient evidence that tax increment funding is necessary for the project to succeed • Housing Projects: Include affordable housing. The HTRZ Act requires a minimum of 10% of units be affordable to households earning 80% of the Area Median Income (AMI) or less. As drafted, the HTRZ TI Policy requires an increased threshold of 20% of units at 80% AMI or 10% of units at 60% AMI to generate more affordable housing. • Non-Housing Projects: Meet at least two (2) of the RDA’s qualifying livability benchmarks: permanent job creation; affordable commercial spaces; ownership; neighborhood safety; community engagement and support; public space; walkability; and, building preservation, rehabilitation, or adaptive reuse. 2. Maximum Reimbursement Rate – Meeting the threshold criteria may allow for a developer to receive up to 60% of the tax increment received by the RDA for the subject property. The draft policy allows for incremental increases in participation rate of 10% for each additional public benefit included beyond the threshold criteria (e.g., increasing the level/amount of affordable housing, adding qualifying livability benchmarks, including 3- and 4-bedroom units in residential projects, and meeting a priority identified in the RDA’s Annual Housing Funding Strategy). The maximum potential participation rate is 90% of the tax increment received by the RDA. 3. Maximum Reimbursement Term – The maximum reimbursement term will be up to fifteen (15) years for an HTRZ centered around a light rail or bus rapid transit station and up to twenty-five (25) years for an HTRZ centered around a commuter rail station, or the total remaining collection years on the project parcels, whichever is less. These terms are established by the State in the HTRZ Act. 4. Maximum Reimbursement Amount – The maximum Reimbursement amount will be negotiated based upon a project’s eligible costs, level of public benefits, and demonstrated financial need. 3 NEXT STEPS: • Staff will return to the Board for adoption of the formal policy once the Board has considered the attached draft HTRZ TI Policy. • Upon the State's approval of the HTRZ and as required by the HTRZ Act, the RDA will propose an interlocal agreement between the City and RDA to ensure the distribution of tax increment is consistent with this policy, the HTRZ Act, and the approved HRTZ. Pursuant to the HTRZ Act, the RDA cannot receive HTRZ funds prior to the execution of this interlocal agreement. • In addition to the RDA’s recommendations for creating a new HTRZ TI Policy, the current TI Reimbursement Policy, which guides the disbursement of TI in Community Reinvestment Areas (“CRAs”), is in the process of being revised. Staff will return to the Board with a draft CRA TI Reimbursement Policy that is intended to strengthen the criteria by which projects are eligible for a TIR – reserving this tool for only the most transformative projects with wide- reaching public impact. ATTACHMENT: Attachment A – Draft HTRZ TI Reimbursement Policy ATTACHMENT A Redevelopment Agency of Salt Lake City RESOLUTION NO. ________ Housing and Transit Reinvestment Zone Tax Increment Reimbursement Program Policy RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY ADOPTING THE RDA HOUSING AND TRANSIT REINVESTMENT ZONE TAX INCREMENT REIMBURSEMENT PROGRAM POLICY WHEREAS, the Utah Housing and Transit Reinvestment Zone Act (HTRZ Act) was enacted to generally promote a higher utilization of public transit and increased availability of housing including affordable housing. WHEREAS, the Act authorizes the Redevelopment Agency of Salt Lake City (RDA) to administer the tax increment, including entering into reimbursement agreements (also known as tax increment reimbursement agreements) with project developers or property owners associated with a Housing and Transit Reinvestment Zone (HTRZ) for the purpose of utilizing the funds as allowed by the HTRZ Act. WHEREAS, the Board of Directors of the Redevelopment Agency of Salt Lake City (Board) supports the distribution of tax increment associated with a HTRZ pursuant to the process outlined below. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY, that we do hereby establish policy guidelines for the RDA HTRZ Tax Increment Reimbursement Program to include the following: 1. GENERAL a. Purpose The RDA HTRZ Tax Increment Reimbursement Program (Program) may provide project developers or property owners a tax increment reimbursement (Reimbursement) for the development of improvements in or associated with an HTRZ that meet the goals and objectives of the HTRZ Act, the executed interlocal agreement between the RDA and Salt Lake City, and the RDA’s Mission and Values, and provides significant public benefit. The Program is designed to provide reimbursements that are calculated using Salt Lake County’s assessed property value. The developer or property owner will receive a percentage of the tax increment generated from its project for a specified timeframe, and the RDA will receive the residual tax increment generated by the project. b. Authorization The RDA shall determine whether a project meets the goals and objectives of the HTRZ Act, the executed interlocal agreement between the RDA and Salt Lake City, the approved HTRZ, and the RDA’s Mission and Values. As provided in the HTRZ Act, a Reimbursement can only be authorized pursuant to a Reimbursement Agreement (Agreement), the terms of which are approved by the Board. The Board reserves the right to modify or deny a tax increment reimbursement application at any time for any reason. The Board’s approval of an Agreement shall be made by resolution and include a description of the development the applicant will undertake, the amount of funds the applicant may receive, and the terms and conditions under which the applicant may receive the funds. c. Tax Increment Calculation The formula to calculate the Reimbursement generated from the proposed improvements shall be as follows: The formula to calculate the potential Reimbursement generated from the proposed improvements shall be as follows: i. Step 1: Estimate the Total Annual Tax Increment. o Determine the property's taxable value as shown upon the assessment roll last equalized prior to the construction of improvements on the property. This value is referred to as the property’s Base Taxable Value. o Calculate the difference between the Base Taxable Value of the property prior to improvements and the property’s estimated taxable value after the improvements have been made. This difference is referred to as New Growth. o Multiply New Growth by the current effective tax rate. (New Growth) x (Effective Tax Rate) = Total Annual Tax Increment (TI) ii. Step 2: Estimate the Annual TI Received by the RDA. o Total Annual TI multiplied by the percentage of TI received by the RDA. (Total Annual TI) x (% of TI received by the RDA) = Total Annual TI Received by the RDA. iii. Step 3: Estimate the Annual Reimbursement Payment. o Using the developer/property owner reimbursement rate (Reimbursement Rate) established in the Agreement, calculate the estimated annual reimbursement payment. o (Total Annual TI Received by the RDA) x (Reimbursement Rate) = Estimated Annual TI Reimbursement Payment. Refer to Section 2 for more information on calculating the participation rate between the RDA and the developer. iv. Step 4: Calculate the Maximum Amount of Tax Increment Available to the Developer or Property Owner Over the Term of the Agreement. o (Estimated Annual TI Reimbursement Payment) x (the Term of the Reimbursement Agreement) = Total TI Available to Developer or Property Owner Over the Term. An annual growth multiplier based on current economic conditions may be applied to this calculation, at the RDA’s sole discretion. Actual Reimbursement is dependent on the increment being generated by the project. d. Eligible Costs The tax increment reimbursement will be limited by state law as indicated by Section 63N-3-607(4) of the HTRZ Act and Section 11-41-103 of the Prohibition on Retail Facility Incentive Payments Act. The RDA may determine, in its sole discretion, if the entire project or only specific project elements are eligible. e. Design Review Projects approved for Reimbursement must follow the RDA’s administrative design review process. Projects will be required to be in conformance with all Salt Lake City policies, ordinances, and codes. 2. REQUIREMENTS AND STRUCTURE a. Threshold Requirements of Projects that Incorporate Housing i. Projects must meet all applicable standards and objectives of the HTRZ Act; and, ii. At least 10% of housing units within a project must be affordable to those earning 60% the Area Median Income (AMI) and below, or, 20% of units must be affordable to those earning 80% AMI and below. Income averaging of units within a single project may be utilized to achieve AMI thresholds; and, iii. Projects must include activated, ground floor space if not a private residence. Activated, ground floor space means a minimum of 50% of all ground floor, street-facing building facades must contain an active (commercial, retail, or office) use that is not exclusive to the tenants of the building; and, iv. Projects must comply with the RDA’s Sustainable Development Policy; and, v. Projects must comply with the RDA’s Art Policy; and, vi. The applicant must provide sufficient evidence (including, but not limited to the project pro forma, senior lender agreement(s), equity investor agreements, etc.) that tax increment funding is necessary for the project to succeed and to verify that the request is reasonable. b. Threshold Requirements of Projects that Do Not Incorporate Housing i. Projects must meet all applicable standards and objectives of the HTRZ Act; and, ii. Projects must meet at least two (2) of the RDA’s qualifying livability benchmarks: permanent job creation; affordable commercial spaces; ownership; neighborhood safety; community engagement and support; public space; walkability; and, building preservation, rehabilitation, or adaptive reuse (collectively, Qualifying Livability Benchmarks). iii. Projects must include activated, ground floor space; and, iv. Projects must comply with the RDA’s Sustainable Development Policy; and, v. Projects must comply with the RDA’s Art Policy; and, vi. The applicant must provide sufficient evidence (including, but not limited to the project pro forma, senior lender agreements, equity investor agreements, etc.) that the Reimbursement is necessary for the project to succeed and to verify that the request is reasonable. c. Affordable Housing Requirements. i. Deed Restriction – If the project qualifies for a Reimbursement based on the incorporation of housing, prior to executing an Agreement, a restriction shall be recorded against the property that requires continued use of the specified units as affordable housing for at least 30 years. Both rent and income restrictions shall be included to limit the maximum rent that can be charged for a unit and to require that the unit be made available only to households with qualifying incomes. ii. Bedroom Count Mix – The affordable units shall be located on different floors of the building and spread among bedroom counts (1-bedroom, 2- bedroom, 3-bedroom, etc.) in the same proportion as the units available within the rest of the project. d. Eligible Project Locations Eligible projects shall be located in or associated with an active HTRZ that allows tax increment reimbursements pursuant to the HTRZ Act. e. Maximum Reimbursement Term The Reimbursement term will be negotiated based upon a project’s level of public benefits and demonstrated financial need and shall be consistent with the HTRZ Act. f. Maximum Reimbursement Rate i. Base Level Reimbursement – The maximum reimbursement rate for Projects that only meet the Threshold Requirements is 60% ii. Increased Reimbursement Incentives* – Projects may be eligible to receive an additional 10% increase in the reimbursement rate, with a possible total maximum reimbursement rate of 90%, for: 1. Each Qualifying Livability Benchmark incorporated in the project beyond the Threshold Requirements; and/or, 2. Each additional 10% of total affordable units at 60% AMI and below beyond the Threshold Requirements. 3. The inclusion of 3- and 4-bedroom units in projects that incorporate housing. 4. Meeting a priority identified in the RDA’s Annual Housing Funding Strategy established pursuant to the Housing Allocation Funds Policy. g. Maximum Reimbursement Amount The maximum Reimbursement amount will be negotiated based upon a project’s eligible costs, level of public benefits, and demonstrated financial need, and shall be consistent with the HTRZ Act. 3. EVALUATION AND APPROVAL PROCESS a. Applications that meet the requirements detailed in Section 2 will be evaluated and processed as detailed below. i. Step 1: Application Processing and RDA Staff Review. All applications shall be made to RDA staff, on standard RDA forms. All applications must be complete to be evaluated, and if either the applicant or proposed project fails to demonstrate the ability to meet application requirements, RDA staff may deny the application. ii. Step 2: RDA Finance Committee Review. RDA staff shall forward complete applications that meet the threshold requirements to the RDA Finance Committee. The RDA Finance Committee shall evaluate applications, supplemental materials, and other documentation necessary to thoroughly review the application and formulate a recommendation to the Board. iii. Step 3: Consideration of the Tax Increment Reimbursement Agreement Terms. Upon review of the application and supporting material, the Board shall consider for approval a resolution detailing the Agreement terms. iv. Step 4: Agreement Finalization. Once the terms of an agreement have been authorized by the Board, the RDA and developer will execute an Agreement consistent with the terms approved by the Board, and any other legal agreement (including an affordable housing restriction) deemed necessary by the City Attorney’s Office. 4. AGREEMENT TERMS a. Participation and Reimbursement Agreement Terms In addition to any other terms as recommended by legal counsel, the following terms shall be included in the Agreement: i. Reimbursement to Benefit Owner: RDA Discretion The RDA intends that the beneficiary of the Reimbursement will be the owner of the project for the life of the Agreement. In the event of a transfer or sale of the project or property, the Agreement and all benefits conferred under the Agreement shall benefit the project and be recorded against the property to run with the land, with the intent that all Reimbursements will remain with the owner of the real property and project. In the event that the ownership of the real property and improvements are severed, the RDA will have sole discretion to determine the beneficiary of the tax increment. If the Agreement is executed and the real property and project are conveyed to a third party while the improvements are still being constructed, the RDA will retain the right to consent to the transfer the Agreement to the new owner, in order to ensure that the benefits the RDA anticipated receiving under the original Agreement with the original developer are consistent with the new developer. If RDA does not consent to the transfer of the Agreement, the Reimbursement will cease and the Agreement will terminate. ii. Tax Appeals All reimbursement recipients shall be required to notify the RDA if they have applied for a property tax appeal with Salt Lake County. In the event that any such appeal results in a reduction in property taxes, the percentage share of the Reimbursement payable by the RDA to the recipient will decrease, and the percentage share of the tax increment received by RDA shall be increased, so that the dollar amount received by the RDA is the same as if no appeal of the assessed value had been made. iii. Recapture Provisions in the Event of Default Agreements shall require the recapture of Reimbursement funds allocated to a project that fails to meet the requirements as provided in the Agreement. iv. Participant Reporting Requirements Agreements shall require the following reporting from Reimbursement recipients as per the following: 1. Project Completion: Upon project completion, Reimbursement recipients shall provide a report that includes, but is not limited to, the total cost of improvements, a summary of completed improvements, and outcome metrics relating to project-specific requirements. 2. Annual Pre-Reimbursement: Contingent upon receiving an annual Reimbursement, Reimbursement recipients shall provide a report that includes a notification of any tax appeals and outcome metrics relating to project-specific requirements. As applicable, the report shall include relevant data that is certified by a financial officer or public accountant. b. Interest Interest will not accrue against the RDA on the anticipated or projected tax increment to be reimbursed to the developer. 5. REPORTING REQUIREMENTS a. Reporting The RDA shall provide a written briefing to the Board once per fiscal year, which contains an update on the RDA’s Reimbursement portfolio. Such briefing shall include a summary of new Agreements, anticipated budget impacts, and project metrics. 6. EXCEPTIONS The Board, by a majority vote of those present, may waive requirements or make exceptions to the foregoing criteria and procedures with a finding that the RDA’s mission and values will be furthered by such waiver or exception. RDA staff will prepare a written recommendation and statement regarding the waiver or exception. The statement will be placed in the project file. Passed by the Board of Directors of the Redevelopment Agency of Salt Lake City, this day of , 2023. ________________________ Alejandro Puy, Chair Approved as to form: __________________________________ Salt Lake City Attorney’s Office Allison Parks Date:____________________________ The Executive Director: does not request reconsideration requests reconsideration at the next regular Agency meeting. ________________________ Erin Mendenhall, Executive Director Attest: ________________________ City Recorder 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: PREPARED BY: RE: August 28, 2023 Austin Taylor, Project Manager Tracy Tran, Senior Project Manager Ville 1659 – Modified Terms and Funding Conditions for FY 2022-2023 Housing Development Loan Program (“HDLP”) Funding Allocation REQUESTED ACTION: Review and consider approving modified loan terms and additional funding conditions for a loan to Ville 1659 POLICY ITEM: Affordable Housing BUDGET IMPACTS: Proposed modifications include a balloon repayment of the $1,000,000 loan under a 3-year term versus the originally approved cash flow-based repayment under a 40-year term. EXECUTIVE SUMMARY The Redevelopment Agency of Salt Lake City (“RDA”) is proposing modifications to the previously approved terms of the Housing Development Loan Program (“HDLP”) loan for the Ville 1659 permanent supportive housing project located at 1659 West North Temple. At the January 10, 2023, meeting, as part of the larger competitive Notice of Funding Availability (NOFA) through the RDA’s HDLP, the RDA Board of Directors (“Board”) approved a $1,000,000 construction to perm loan to the Ville 1659 project. On July 11, 2023, the Board approved a loan modification, which changed the loan term from 40 years to 3 years and approved a condition clarification to the overall HDLP resolution related to receiving tax credits (Resolution 13 of 2023). On August 8, 2023, the Board moved to reconsider the July 11 resolution for the loan modification and the condition clarification. RDA staff is bringing the loan back for consideration, along with a new set of conditions. BACKGROUND INFORMATION Ville 1659 is an adaptive reuse real estate development proj ect that will convert the former Ramada Inn at 1659 West North Temple into a permanent supportive housing complex. The project aims to convert 197 hotel rooms into studio apartments for households earning 30% AMI or less, with tenant priority given to 1 individuals who have been, currently are, or are at risk of becoming homeless. Ten (10) dedicated RV parking spaces will also be added to the parking lot. Ville Property Management (the project’s property manager) has leased space to Mental Health America of Utah to provide mental health services to tenants and the general public. JULY 11, 2023 LOAN MODIFICATIONS At the January 10, 2023 RDA Board meeting, as part of the larger competitive Notice of Funding Availability (NOFA) through the RDA’s HDLP, the RDA Board approved a $1,000,000 loan to the Ville 1659 project. Ville 1659 ranked fifth out of 10 applicants and was one of 8 projects that were allocated HDLP funds in the FY 2022-2023 HDLP funding cycle. Please see Attachment C – Resolution Approving 2022 HDLP Funding Allocations. Due to changes in the project’s financial sources and uses (Attachment B – Ville 1659 Updated Sources and Uses), Staff found that the project will not require RDA funds long-term, and as such the RDA and Ville 1659, LLC are proposing a change in terms. The primary change requiring Board approval is the type and term of the loan. The project applied for Gap Financing: Rental Construction to Permanent, which generally has a term of 30-40 years. The previously approved modifications included changing the term to a 3-year bridge loan to support the project during construction and through stabilization only. Under the modified proposal, the RDA would be refinanced out of the capital stack after stabilization at the project’s first refinance event—this was anticipated to occur within 3 years from the date of loan closing. These term changes put the RDA in a better financial position and would have resulted in the RDA being paid back 37 years earlier than expected. The RDA would then be able to use this money to finance the construction of other affordable housing projects. This project is different than other projects the RDA has funded as the project is not using Low Income Housing Tax Credits (LIHTC). At its July 11, 2023 meeting, the RDA Board voted unanimously to approve the modified loan terms, as shown in the “Modified Loan Terms” section below. MODIFIED LOAN TERMS The following table compares the loan terms that the RDA Board approved on January 10, 2023, to the modified loan terms that the Board approved on July 11, 2023. RDA staff is recommending that the Board re-adopt the modified loan terms approved at the July 11 meeting. Approved January 10, 2023 Approved July 11, 2023 (Reconsidered August 8, 2023) Loan Type Construction to Perm Bridge Loan Amount $1,000,000 $1,000,000 Payment Type Cash Flow Single Balloon Payment at End of Term 2 Interest Rate 2% 1%* Amortization Period 40 Years N/A, no repayment schedule Term 40 Years 3 Years *This change aligns with the HDLP Guidelines and does not require Board approval. AUGUST 8, 2023 BOARD RECONSIDERATION At its meeting on August 8, 2023, the RDA Board moved to reconsider the July 11 resolution that amends the loan terms and condition clarification. The Board asked that RDA staff return to the Board with additional conditions. Board members suggested that the set of conditions focus on ensuring the quality of the project’s execution, management, and maintenance. ADDITIONAL LOAN CONDITIONS RDA staff have worked with staff from the Council and Administration to produce the following list of proposed loan conditions that the Board may choose to approve. The Board may require that one or more of the following conditions—or other conditions that Board members propose—be met to comply with loan terms and avoid default. Funding conditions may include the following:  •Developer must pay all utilities in full prior to loan closing. •Developer must pay all utility bills to keep them operational for current tenants throughout the term of the loan. •Developer must provide evidence of all funding sources. The RDA shall have the right to verify that all other sources of funding available to Developer have been disbursed, ensuring that RDA funds are disbursed last. •Developer must provide and comply with unit delivery schedule. •Developer must provide and comply with a property management plan which might include a plan for trash management, RV parking regulations, abandoned vehicles, county health and city code compliance, or relationship between supportive services and tenants. •Developer must submit a report on management plan compliance to the RDA each year for the duration of indebtedness to the RDA. •Developer must allocate a portion of revenue to a maintenance reserve account for the purpose of maintaining the property in good condition. •RDA to impose an interest rate increase in the event of noncompliance with certain specified conditions of funding, to last as long as the noncompliance continues. •Developer must provide rent forgiveness to tenants that have been impacted by utility shutoffs in the amount of two months’ rent, or another amount that the landlord and tenant otherwise agree to in writing, with prior approval of RDA. NEXT STEPS If the Board approves the amended loan terms with additional conditions, Staff will finalize loan documents and work toward closing under the revised conditions. 3 PREVIOUS BOARD ACTION: •The Board approved a $1,000,000 HDLP loan for Ville 1659 at the January 10, 2023, meeting. •The Board approved a modification to the loan—changing it from a 40-year permanent loan to a 3- year bridge loan--on July 11, 2023. •The Board rescinded the loan modification on August 8, 2023. •The Board discussed possible loan conditions on August 15, 2023. ATTACHMENTS A.Ville 1659 Project Summary Sheet from January 2023 B.Ville 1659 Updated Sources and Uses C.Resolution approving 2022 HDLP Funding Allocations D.Resolutions 1.Amending Loan Terms 2.Funding Conditions 4 Attachment A: Ville 1659 Project Summary Sheet from January 2023 45 PROJECT NAME: 9 - Ville 1659 ADDRESS: 1659 W North Temple OVERVIEW Developer Ville Property Management Request Type HDLP Loan Project Type Renovation Existing Land Use Motel RDA FUNDING REQUEST Funding Request $1,825,000 Total Project Cost $18,250,000 RDA Loan to Cost 10% PROPOSED TERMS Interest Rate 2% Term, Amortization 40 year, 40 year Repayment Terms Cash Flow Repayment Lien Priority Subordinate to senior construction & permanent debt HDLP THRESHOLD REQUIREMENTS & PRIORITIES Family-Sized Units and/or Deeply Affordable Units Deeply Affordable Units Sustainability: Energy Star Score of 90+ Condition of Approval 100% Electric Condition of Approval Priorities Met Target Populations Unique Housing Type Transportation Opportunities Commercial Vitality Adaptive Reuse HOUSING UNITS Bedroom Count Total Units Market Rate 41-60% AMI <40% AMI Studio 197 - - 197* *All units restricted at or below 30% AMI TIMELINE Construction Start: 12/2022 Construction Completion: 5/2023 CONSTRUCTION DEBT AHEAD OF RDA PERMANENT SOURCES USES LOW-INCOME HOUSING TAX CREDIT Applying for Tax Credits (Y/N) No Tax Credits Reserved (Y/N) No Use Amount % of Cost Senior Construction Debt $7,500,000 41.1% Source Amount % of Cost Senior Debt $7,500,000 41.1% RDA Loan $1,825,000 10.0% OWHLF $1,000,000 5.5% Owner Equity $2,066,378 11.3% Office of Homeless Services $3,858,622 21.1% SLC HHGP Funding $2,000,000 11.0% Deferred Fee - - Total Sources 18,250,000 100.0% Source Amount % of Total Property Acquisition $12,000,000 65.8% Construction Costs $4,000,000 21.9% Soft Costs $1,000,000 5.5% Developer Fee $1,000,000 5.5% Project Contingency $250,000 1.4% Total Sources $18,250,000 100.0% 56 PROJECT NAME: 9 - Ville 1659 ADDRESS: 1659 W North Temple PROJECT SUMMARY From Developer: “Ville 1659 is a hotel conversion project that will create 197 studio apartments and 10 RV stalls that will be deeply affordable and low barrier for singles and couples near downtown Salt Lake City. Our organization, Ville Property Management (VPM), will be the developer, in partnership with Camp Construction, Design West, and Ward Engineering. Ville 1659 will offer much needed affordable housing that is targeted towards housing the most vulnerable individuals within our community and provides on-site case management to support housing stability. We will prioritize housing individuals experiencing literal homelessness, individuals that have previously experienced homelessness, and individuals that are at risk for becoming or returning to homelessness. Our service provider partnerships include: SLVCEH, The Road Home, the VA, Volunteers of America, Housing Connect, Housing Authority of Salt Lake City, Fourth Street Clinic, First Step House, Valley Behavioral Health, Mental Health America of Utah, and Salt Lake City Police Department.” DEVELOPER SUMMARY From Developer: “Ville 1659 is an entity of Ville Property Management (VPM). VPM has over 20 years of experience leasing, managing, and providing services across a range of affordable and market rate housing programs. VPM's current portfolio includes management of 580 units with experience working with Housing Subsidies (Permanent Supportive Housing, Section 8, and Rapid Re-Housing). VPM also offers deeply affordable housing to individuals that earn between 60% and 30% and below the Area Median Income (AMI) for the region. VPM also provides on- site Case Management services to the Salt Lake County residential properties to help tenants maintain their housing through our Case Management Model. Our focus is to provide affordable housing and extensive support to our tenants who have experienced homelessness and/or live below 30% AMI, to strengthen the wellness and livelihood of our tenants. Our unique team is dedicated in providing the needed services, supports, and programming to positively impact our tenants and community. Whether market rate or deeply affordable, we believe that everyone deserves the right to fair and supportive housing.” SITE MAP 67 PROJECT NAME: 9 - Ville 1659 ADDRESS: 1659 W North Temple PROJECT RENDERINGS 78 Attachment B: Ville 1659 Updated Sources and Uses Sources Original Current Sundance Bay Bridge $7,500,000 $9,065,361 Olene Walker Fund $1,000,000 $0 SLC RDA $1,000,000 $1,000,000 Owner Equity $2,066,378 $953,000 SLC Grant $2,000,000 $2,000,000 State Grant $3,858,622 $3,850,000 National Housing Trust Fund $825,000 $0 Total Sources $18,250,000 $16,868,361 Uses Original Current Property Acquisition $12,000,000 $9,500,000 Construction Costs $4,000,000 $4,297,653 Soft Costs $1,000,000 $1,000,000 Developer Fee $1,000,000 $280,000 Project Contingency $250,000 $265,000 Financing Costs $0 $1,525,708 Total Uses $18,250,000 $16,868,361 89 Attachment C: Resolution Approving 2022 HDLP Funding Allocations 910 1 REDEVELOPMENT AGENCY OF SALT LAKE CITY RESOLUTION NO. _______________ Affordable Housing – 2022 Housing Development Loan Program (HDLP) Funding Allocations RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY APPROVING CITYWIDE AFFORDABLE HOUSING PROJECT FUNDING ALLOCATIONS. WHEREAS, the Redevelopment Agency of Salt Lake City (“RDA”) was created to transact the business and exercise the powers provided for in the Utah Community Reinvestment Agency Act the “Act”). WHEREAS, the Act provides that tax increment funds may be used for the purpose of increasing the affordable housing supply within the boundaries of Salt Lake City. WHEREAS, the RDA Board of Directors (“Board”) approved the Housing Funds Allocation Policy (“Funds Policy”), Resolution R-1-2022, which establishes policies with respect to dedicating and directing resources for the development and preservation of housing based on funding source (“Housing Funds”). WHEREAS, the Board has set aside $6,000,000 of Housing Funds for affordable housing through the RDA’s Housing Development Loan Program (“HDLP”). The Board may also allocate an additional $2,360,000, which is the result of a loan commitment from the 2021 that was rescinded. The allocation of funds is contingent upon an application and review process administered by the RDA to facilitate funding of qualified projects that meet the goals established by the HDLP. WHEREAS, through a Notice of Funding Availability (“NOFA”), the RDA administered a loan application and review process pursuant to the HDLP policy set forth in resolution R-2-2022 (the HDLP Policy”) and the RDA’s Housing Funding Priorities for Fiscal Year 2022-2023 set forth in R-4-2022 (“Funding Priorities”) that resulted in ten requests for funding totaling $16,760,000. WHEREAS, on December 21, 2022, the RDA’s Finance Committee (“Finance Committee”) reviewed the HDLP applications and recommended funding allocations and preliminary terms as further described in on Exhibit A. WHEREAS, based on the Finance Committee’s recommendations, RDA staff recommends that the Board approve the funding allocations and preliminary terms described in Exhibit A. WHEREAS, following the Board’s approval of the funding allocations and preliminary terms as set forth on Exhibit B, the RDA shall provide a 24-month conditional commitment period during which the approved applicant shall have the opportunity to obtain needed financial, legal, and 03 of 2023 1011 2 regulatory approvals, as well as satisfy other conditions determined by the RDA, to finalize the loan terms. WHEREAS, pursuant to the HDLP Policy, applicants that successfully meet the conditions of the conditional commitment shall be invited to execute a Letter of Commitment to finalize the loan terms, subject to a set of conditions precedent to closing of the loan. NOW THEREFORE, BE IT RESOLVED BY THE BOARD that it approves the funding allocations and preliminary terms as further described in Exhibit B, subject to revisions that do not materially affect the rights and obligations of the RDA hereunder. For approved applicants that successfully meet the required conditions, the Board authorizes the Executive Director to negotiate and execute the conditional commitment letter, the Letter of Commitment, the loan agreements, and other relevant documents consistent with the funding allocations and contained on Exhibit B and incorporating such other terms and conditions as recommended by the City Attorney’s office. Passed by the Board of Directors of the Redevelopment Agency of Salt Lake City, this _______ day of January 2023. Approved as to form: __________________________________ Salt Lake City Attorney’s Office Allison Parks Date:____________________________ The Executive Director: does not request reconsideration requests reconsideration at the next regular Agency meeting. Erin Mendenhall, Executive Director Attest: City Recorder 10th Allison Parks (Jan 17, 2023 14:22 MST) Jan 17, 2023 Alejandro Puy (Jan 18, 2023 15:16 MST) rachel otto (Jan 18, 2023 16: 55 MST) 4 1112 PROJECT/APPLICANT ADDRESS PROJECT PRIORITIES/INTEREST RATE REDUCTION AND WEIGHTED NOFA RANKING** FUNDING REQUEST PRELIMINARY TERMS* HDLP COMMITTED FUNDS: $6M POSSIBLE ADDITIONAL HDLP FUNDS: $2.36M TOTAL FUNDING RECOMMENDATION FUNDING RANKING 2 -Victory Heights 1 BCG Holdings 3 - Victory Heights 2 BCG Holdings 4 - Atkinson Stacks*** HAME 5 - Book Cliffs Lodge*** HAME 6 - Citizens West 2 Giv Development 7 - Citizens West 3 Giv Development 8 - Ville 9 Ville Property Mgmt 9 - Ville 1659 Ville Property Mgmt 10 - Liberty Corner*** Cowboy Partners 11 - 9Ten West Great Lakes Capital TOTAL $16,760,000 $6,000,000 $2,360,000 $8,360,000 Funds Availability 6,000,000 6,000,000$ Recommended Funding: HDLP Committed Funds 2,360,000 $0 Funds Remaining: HDLP Committed Funds 8,360,000 2,360,000$ Recommended Funding: Possible Additional HDLP Funds 0 Funds Remaining: Possible Additional HDLP Funds 8,360,000$ Recommended: Total Potential HDLP Funds 0 Funds Remaining - Total Potential HDLP Funds HDLP Committed Funds Possible Additional HDLP Funds Total Potential HDLP Funds 8 540,000 7 1,865,000 Family Housing: 3 Target Populations: 3 Transportation Opportunities: 1 Architecture & Urban Design: 1 Adaptive Reuse: 1 Public Art: 1 TOTAL: 10 1 280,000 2 500,000 Target Populations: 3 Unique Housing Types: 3 Architecture & Urban Design: 1 Sustainability: 1 TOTAL: 8 Family Housing: 3 Target Populations: 3 Transportation Opportunities: 1 Neighborhood Safety: 1 TOTAL: 8 1060 E 100 S $280,000 $280,000 Family Housing: 3 Target Populations: 3 Transportation Opportunities: 1 Architecture & Urban Design: 1 Adaptive Reuse: 1 Public Art: 1 TOTAL: 10 1060 E 100 S $1,865,000 $1,865,000 1159 S West Temple $540,000 $540,000 543 S 500 W $2,500,000 $500,000 0 Unique Housing Type: 3 Commercial Vitality: 1 Adaptive Reuse: 1 TOTAL: 5 Target Populations: 3 Unique Housing Type: 3 Transportation Opportunities: 1 Commercial Vitality: 1 Adaptive Reuse: 1 TOTAL: 9 3 509 W 300 N $1,200,000 $1,200,000 $1,200,000 4 509 W 300 N $1,850,000 $1,850,000 $1,850,000 Family Housing: 3 Target Populations: 3 Transportation Opportunities: 1 Architecture & Urban Design: 1 Commercial Vitality: 1 Public Art: 1 TOTAL: 10 Family Housing: 3 Target Populations: 3 Transportation Opportunities: 1 Architecture & Urban Design: 1 Commercial Vitality: 1 Public Art: 1 TOTAL: 10 FUNDING RECOMMENDATIONS Final Terms shall comply with the requirements, standard loan terms and conditions, interest-rate reductions, and all other details laid out within the 2022 Housing Development Loan Program (HDLP) Guidelines. Changes to repayment type may occur (hard repayment versus cash flow repayment) and shall be based on requirements listed in the HDLP Guidelines or if required by a senior lender. Changes in repayment type will cause a change in the base interest rate. Repayment priority and lien position shall be based on the size of the loans. 6 910 W North Temple 1,125,000 9/10 1659 W North Temple $1,825,000 $805,000 $195,000 $1,000,000 2,000,000 265 W 1300 S $3,000,000 $1,125,000 Family Housing: 3 Target Populations: 3 Missing Middle: 3 Transportation Opportunities: 1 Neighborhood Safety: 1 Architecture & Urban Design: 1 Commercial Vitality: 1 TOTAL: 13 5 1025 N 900 W $1,700,000 Funds Recommended by Finance Committee 1% interest rate, 40-year term, 40-year amortization, hard repayments 1% interest rate, 40-year term, 40-year amortization, hard repayments 1% interest rate, 40-year term, 40-year amortization, hard repayments 1% interest rate, 40-year term, 40-year amortization, hard repayments 1% interest rate, 40-year term, 40-year amortization, hard repayments 1% interest rate, 40-year term, 40-year amortization, hard repayments 2.5% interest rate, 40-year term, 40-year amortization, cash flow repayment 2% interest rate, 40-year term, 40-year amortization, cash flow repayment 2% interest rate, 40-year term, 40-year amortization, cash flow repayment Finance Committee Recommendation: If these projects do not receive 9% tax credits in the next Utah Housing Corporation allocation cycle, these funding commitments shall be returned to the RDA's Housing Development Loan Program. Transportation Opportunities: 1 Neighborhood Safety: 1 Architecture & Urban Design: 1 Commercial Vitality: 1 Public Art: 1 TOTAL: 5 Projects receive a 0.5% interest rate reduction for each included priority. Sustainability allows for a 1% or 2% reduction. The maximum reduction per development is 2%. The interest rate is calculated as follows: Base Interest Rate minus (-) Interest Rate Reductions (up to 2%) = proposed interest rate; Base interest rate shall be locked within a month of closing. Projects shall maintain project priorities and the same weighted score at closing. Deviation from project priorites met may require Board approval. 0 9/10 2% interest rate, 16-year term, 30-year amortization, cash flow repayment EXHIBIT A: RDA FINANCE COMMITTEE RECOMMENDED HDLP FUNDING ALLOCATIONS The RDA Finance Committee recommends that funding be allocated to projects in order of priority ranking. 3 1213 PROJECT/APPLICANT ADDRESS PROJECT PRIORITIES/INTEREST RATE REDUCTION AND WEIGHTED NOFA RANKING** FUNDING REQUEST PRELIMINARY TERMS* TOTAL FUNDING ALLOCATION FUNDING RANKING 2 -Victory Heights 1 BCG Holdings 3 - Victory Heights 2 BCG Holdings 4 - Atkinson Stacks*** HAME 5 - Book Cliffs Lodge*** HAME 6 - Citizens West 2 Giv Development 7 - Citizens West 3 Giv Development 8 - Ville 9 Ville Property Mgmt 9 - Ville 1659 Ville Property Mgmt 10 - Liberty Corner*** Cowboy Partners 11 - 9Ten West Great Lakes Capital TOTAL $16,760, 000 $8,360,000 Funds Availability 6,000,000 2,360,000 8,360,000 Final Terms shall comply with the requirements, standard loan terms and conditions, interest-rate reductions, and all other details laid out within the 2022 Housing Development Loan Program (HDLP) Guidelines. Changes to repayment type may occur (hard repayment versus cash flow repayment) and shall be based on requirements listed in the HDLP Guidelines or if required by a senior lender. Changes in repayment type will cause a change in the base interest rate. Repayment priority and lien position shall be based on the size of the loans. Projects receive a 0.5% interest rate reduction for each included priority. Sustainability allows for a 1% or 2% reduction. The maximum reduction per development is 2%. The interest rate is calculated as follows: Base Interest Rate minus (-) Interest Rate Reductions (up to 2%) = proposed interest rate; Base interest rate shall be locked within a month of closing. Projects shall maintain project priorities and the same weighted score at closing. Deviation from project priorites met may require Board approval. If these projects do not receive 9% tax credits in the next Utah Housing Corporation allocation cycle, these funding commitments shall be returned to the RDA's Housing Development Loan Program. HDLP Committed Funds Additional HDLP Funds Approved by Board Total Potential HDLP Funds 8 540,000 7 1,865,000 Family Housing: 3 Target Populations: 3 Transportation Opportunities: 1 Architecture & Urban Design: 1 Adaptive Reuse: 1 Public Art: 1 TOTAL: 10 1 280,000 2 500,000 Target Populations: 3 Unique Housing Types: 3 Architecture & Urban Design: 1 Sustainability: 1 TOTAL: 8 Family Housing: 3 Target Populations: 3 Transportation Opportunities: 1 Neighborhood Safety: 1 TOTAL: 8 1060 E 100 S $280,000 Family Housing: 3 Target Populations: 3 Transportation Opportunities: 1 Architecture & Urban Design: 1 Adaptive Reuse: 1 Public Art: 1 TOTAL: 10 1060 E 100 S $1,865,000 1159 S West Temple $540,000 543 S 500 W $2,500,000 0 Unique Housing Type: 3 Commercial Vitality: 1 Adaptive Reuse: 1 TOTAL: 5 Target Populations: 3 Unique Housing Type: 3 Transportation Opportunities: 1 Commercial Vitality: 1 Adaptive Reuse: 1 TOTAL: 9 3 509 W 300 N $1,200,000 $1,200,000 4 509 W 300 N $1,850,000 $1,850,000 Family Housing: 3 Target Populations: 3 Transportation Opportunities: 1 Architecture & Urban Design: 1 Commercial Vitality: 1 Public Art: 1 TOTAL: 10 Family Housing: 3 Target Populations: 3 Transportation Opportunities: 1 Architecture & Urban Design: 1 Commercial Vitality: 1 Public Art: 1 TOTAL: 10 6 910 W North Temple 1,125,000 9/10 1659 W North Temple $1,825,000 $1,000,000 2,000,000 265 W 1300 S $3,000,000 Family Housing: 3 Target Populations: 3 Missing Middle: 3 Transportation Opportunities: 1 Neighborhood Safety: 1 Architecture & Urban Design: 1 Commercial Vitality: 1 TOTAL: 13 5 1025 N 900 W $1,700,000 1% interest rate, 40-year term, 40-year amortization, hard repayments 1% interest rate, 40-year term, 40-year amortization, hard repayments 1% interest rate, 40-year term, 40-year amortization, hard repayments 1% interest rate, 40-year term, 40-year amortization, hard repayments 1% interest rate, 40-year term, 40-year amortization, hard repayments 1% interest rate, 40-year term, 40-year amortization, hard repayments 2.5% interest rate, 40-year term, 40-year amortization, cash flow repayment 2% interest rate, 40-year term, 40-year amortization, cash flow repayment 2% interest rate, 40-year term, 40-year amortization, cash flow repayment Transportation Opportunities: 1 Neighborhood Safety: 1 Architecture & Urban Design: 1 Commercial Vitality: 1 Public Art: 1 TOTAL: 5 0 9/10 2% interest rate, 16-year term, 30-year amortization, cash flow repayment EXHIBIT B: HDLP RDA BOARD FUNDING ALLOCATIONS 4 1314 RDA Resolution 03 of 2023 Affordable Housing Funding Allocations for 2022 Notice of Funding Availability (NOFA) Process Final Audit Report 2023-01-20 Created:2023- 01-17 By:Thais Stewart (thais.stewart@slcgov.com) Status:Signed Transaction ID:CBJCHBCAABAATrDTy6jfF_-BJnbFO3LWv20Mdpm4-Ixn RDA Resolution 03 of 2023 Affordable Housing Funding Allocat ions for 2022 Notice of Funding Availability (NOFA) Process" His tory Document created by Thais Stewart (thais.stewart@slcgov.com) 2023-01-17 - 9:11:30 PM GMT Document emailed to Allison Parks (allison.parks@slcgov.com) for signature 2023-01-17 - 9:13:23 PM GMT Email viewed by Allison Parks (allison.parks@slcgov.com) 2023-01-17 - 9:21:58 PM GMT Document e-signed by Allison Parks (allison.parks@slcgov.com) Signature Date: 2023-01-17 - 9:22:08 PM GMT - Time Source: server Document emailed to alejandro.puy@slcgov.com for signature 2023-01-17 - 9:22:09 PM GMT Email viewed by alejandro.puy@slcgov.com 2023-01-18 - 7:38:56 AM GMT Signer alejandro.puy@slcgov.com entered name at signing as Alejandro Puy 2023-01-18 - 10:16:10 PM GMT Document e-signed by Alejandro Puy (alejandro.puy@slcgov.com) Signature Date: 2023-01-18 - 10:16:12 PM GMT - Time Source: server 1415 Document emailed to Erin Mendenhall (erin.mendenhall@slcgov.com) for signature 2023-01-18 - 10:16:14 PM GMT Email viewed by Erin Mendenhall (erin.mendenhall@slcgov.com) 2023-01-18 - 10:16:40 PM GMT Document signing delegated to rachel otto (rachel.otto@slcgov.com) by Erin Mendenhall erin.mendenhall@slcgov.com) 2023-01-18 - 10:16:50 PM GMT Document emailed to rachel otto (rachel.otto@slcgov.com) for signature 2023-01-18 - 10:16:51 PM GMT Email viewed by rachel otto (rachel.otto@slcgov.com) 2023-01-18 - 11:55:38 PM GMT Document e-signed by rachel otto (rachel.otto@slcgov.com) Signature Date: 2023-01-18 - 11:55:51 PM GMT - Time Source: server Document emailed to Cindy Trishman (cindy.trishman@slcgov.com) for signature 2023-01-18 - 11:55:52 PM GMT Document e-signed by Cindy Trishman (cindy.trishman@slcgov.com) Signature Date: 2023-01-20 - 10:38:33 PM GMT - Time Source: server Agreement completed. 2023-01-20 - 10:38:33 PM GMT 1516 Atachment D1: Resolu�on - Amending Loan Terms 17 REDEVELOPMENT AGENCY OF SALT LAKE CITY RESOLUTION NO. _______________ Affordable Housing – Gap Housing Development Loan Program (HDLP) Amendment to Proposed Loan Terms RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY APPROVING AN AMENDMENT TO PROPOSED LOAN TERMS FOR AN HDLP LOAN TO VILLE 1659, LLC. WHEREAS, the Redevelopment Agency of Salt Lake City (“RDA”) was created to transact the business and exercise the powers provided for in the Utah Community Reinvestment Agency Act (the “Act”). WHEREAS, the Act provides that tax increment funds may be used for the purpose of increasing the affordable housing supply within the boundaries of Salt Lake City. WHEREAS, the Housing Development Loan Program (“HDLP”) was created to enable the RDA to incentivize the development and preservation of affordable housing. WHEREAS, pursuant to resolution R-3-2023, the Board previously approved funding allocations and preliminary loan terms for eight projects selected to meet the goals established by the HDLP, amounting to a total allocation of $8,360,000. WHEREAS, included in that funding allocation was a proposed loan in the amount of $1,000,000 (the “Ville 1659 Loan”) to Ville 1659, LLC (“Developer”) for development of a deeply affordable housing project to be located at 1659 West North Temple (the “Ville 1659 Project”). WHEREAS, pursuant to resolution R-13-2023, on July 11, 2023, the RDA Board voted to approve modifications to the Ville 1659 Loan as reflected in Exhibit A – Amended HDLP RDA Board Funding Allocations attached to said resolution. WHEREAS, as part of the Exhibit A, the RDA Board approved language clarifying the HDLP. WHEREAS, on August 8, 2023, the RDA Board voted to reconsider these modifications, effectively rescinding the RDA Board’s prior approval and further rescinding the HDLP clarifying language. WHEREAS, the RDA Board now wishes to allocate the funding with the preliminary loan term modifications as reflected in the Amended HDLP RDA Board Funding Allocations attached hereto as Exhibit A. NOW THEREFORE, BE IT RESOLVED by the Board of Directors of the Redevelopment Agency of Salt Lake City that it approves the Amended HDLP RDA Board 18 Funding Allocations attached hereto as Exhibit A, subject to revisions that do not materially affect the rights and obligations of the RDA hereunder. The Board authorizes the Executive Director to negotiate and execute the loan agreement and any other relevant documents consistent with the Amended HDLP RDA Board Funding Allocations and HDLP policy, and incorporating such other terms and agreements as recommended by the City Attorney’s office. Passed by the Board of Directors of the Redevelopment Agency of Salt Lake City, this _______ day of September, 2023. ________________________________ Alejandro Puy, Chair Approved as to form: __________________________________ Salt Lake City Attorney’s Office Sara Montoya, Senior City Attorney Date: The Executive Director: ____ does not request reconsideration ____ requests reconsideration at the next regular Agency meeting. ________________________________ Erin Mendenhall, Executive Director Attest: ________________________ City Recorder August 28, 2023 19 EXHIBIT A: AMENDED HDLP RDA BOARD FUNDING ALLOCATIONS PROJECT/APPLICANT ADDRESS PROJECT PRIORITIES/INTEREST RATE REDUCTION AND WEIGHTED NOFA RANKING** FUNDING REQUEST PRELIMINARY TERMS* TOTAL FUNDING ALLOCATION FUNDING RANKING 2 -Victory Heights 1 1060 E 100 S Family Housing: 3 Target Populations: 3 Transportation Opportunities: 1 Architecture & Urban Design: 1 Adaptive Reuse: 1 Public Art: 1 TOTAL: 10 $1,865,00 0 1% interest rate, 40-year term, 40-year amortization, hard repayments $1,865,000 1 BCG Holdings 3 - Victory Heights 2 1060 E 100 S Family Housing: 3 Target Populations: 3 Transportation Opportunities: 1 Architecture & Urban Design: 1 Adaptive Reuse: 1 Public Art: 1 TOTAL: 10 $280,000 1% interest rate, 40-year term, 40-year amortization, hard repayments $280,000 2 BCG Holdings 4 - Atkinson Stacks*** 543 S 500 W Target Populations: 3 Unique Housing Types: 3 Architecture & Urban Design: 1 Sustainability: 1 TOTAL: 8 $2,500,00 0 1% interest rate, 40-year term, 40-year amortization, hard repayments $500,000 8 HAME 5 - Book Cliffs Lodge*** 1159 S West Temple Family Housing: 3 Target Populations: 3 Transportation Opportunities: 1 Neighborhood Safety: 1 TOTAL: 8 $540,000 1% interest rate, 40-year term, 40-year amortization, hard repayments $540,000 7 HAME 6 - Citizens West 2 509 W 300 N Family Housing: 3 Target Populations: 3 Transportation Opportunities: 1 Architecture & Urban Design: 1 Commercial Vitality: 1 Public Art: 1 TOTAL: 10 $1,850,00 0 1% interest rate, 40-year term, 40-year amortization, hard repayments $1,850,00 0 3 Giv Development 7 - Citizens West 3 509 W 300 N Family Housing: 3 Target Populations: $1,200,00 0 1% interest rate, 40-year $1,200,000 4 20 Giv Development 3 Transportation Opportunities: 1 Architecture & Urban Design: 1 Commercial Vitality: 1 Public Art: 1 TOTAL: 10 term, 40-year amortization, hard repayments 8 - Ville 9 1025 N 900 W Unique Housing Type: 3 Commercial Vitality: 1 Adaptive Reuse: 1 TOTAL: 5 $1,700,00 0 2.5% interest rate, 40-year term, 40-year amortization, cash flow repayment $0 9/10 Ville Property Mgmt 9 - Ville 1659 1659 W North Temple Target Populations: 3 Unique Housing Type: 3 Transportation Opportunities: 1 Commercial Vitality: 1 Adaptive Reuse: 1 TOTAL: 9 $1,825,00 0 1% interest rate, 3-year term, balloon payment 2% interest rate, 40-year term, 40-year amortization, cash flow repayment $1,000,000 5 Ville Property Mgmt 10 - Liberty Corner*** 265 W 1300 S Family Housing: 3 Target Populations: 3 Missing Middle: 3 Transportation Opportunities: 1 Neighborhood Safety: 1 Architecture & Urban Design: 1 Commercial Vitality: 1 TOTAL: 13 $3,000,00 0 2% interest rate, 40-year term, 40-year amortization, cash flow repayment $1,125,000 6 Cowboy Partners 11 - 9Ten West 910 W North Temple Transportation Opportunities: 1 Neighborhood Safety: 1 Architecture & Urban Design: 1 Commercial Vitality: 1 Public Art: 1 TOTAL: 5 $2,000,00 0 2% interest rate, 16-year term, 30-year amortization, cash flow repayment $0 9/10 Great Lakes Capital TOTAL $16,760,000 $8,360,000 *Final Terms shall comply with the requirements, standard loan terms and conditions, interest-rate reductions, and all other details laid out within the 2022 Housing Development Loan Program (HDLP) Guidelines. Changes to repayment type may occur (hard repayment versus cash flow repayment) and shall be based on requirements listed in the HDLP Guidelines or if required by a senior lender. Changes in repayment type will cause a change in the base interest rate. Repayment priority and lien position shall be based on the size of the loans. **Projects receive a 0.5% interest rate reduction for each included priority. Sustainability allows for a 1% or 2% reduction. The maximum reduction per development is 2%. The interest rate is calculated as follows: Base Interest Rate minus (-) Interest Rate Reductions (up to 2%) = proposed interest rate; Base interest rate shall be locked within a month of closing. Projects shall maintain project priorities and the same weighted score at closing. Deviation from project priorities met may require Board approval. ***If these projects do not receive 9% tax credits in the Utah Housing Corporation allocation cycle, these funding commitments shall be returned to the RDA's Housing Development Loan Program. 21 Funds Availability HDLP Committed Funds $6,000,000 Additional HDLP Funds Approved by Board $2,360,000 Total Potential HDLP Funds $8,360,000 22 Atachment D2: Resolu�on – Funding Condi�ons 23 REDEVELOPMENT AGENCY OF SALT LAKE CITY RESOLUTION NO. ______ Affordable Housing – Housing Development Loan Program (HDLP) Funding Conditions RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY APPROVING FUNDING CONDITIONS FOR LOAN TO VILLE 1659, LLC. WHEREAS, the Redevelopment Agency of Salt Lake City (“RDA”) was created to transact the business and exercise the powers provided for in the Utah Community Reinvestment Agency Act (the “Act”). WHEREAS, the Act provides that tax increment funds may be used for the purpose of increasing the affordable housing supply within the boundaries of Salt Lake City. WHEREAS, the Housing Development Loan Program (“HDLP”) was created to enable the RDA to incentivize the development and preservation of affordable housing. WHEREAS, pursuant to resolution R-3-2023, the Board previously approved funding allocations and preliminary loan terms for eight projects selected to meet the goals established by the HDLP, amounting to a total allocation of $8,360,000. WHEREAS, included in that funding allocation was a proposed loan in the amount of $1,000,000 (the “Ville 1659 Loan”) to Ville 1659, LLC (“Developer”) for development of a deeply affordable housing project to be located at 1659 West North Temple (the “Ville 1659 Project”). WHEREAS, pursuant to resolution R-13-2023, on July 11, 2023, the RDA Board voted to approve modifications to the Ville 1659 Loan. WHEREAS, on August 8, 2023, the RDA Board voted to reconsider these modifications, effectively rescinding the RDA Board’s prior approval. WHEREAS, the RDA Board now wishes to adopt additional funding conditions to the Ville 1659 Loan as reflected in the Amended Ville 1659 Loan Funding Conditions attached hereto as Exhibit A. NOW THEREFORE, BE IT RESOLVED by the Board of Directors of the Redevelopment Agency of Salt Lake City that it approves the proposed funding conditions as set forth in the Amended Ville 1659 Loan Funding Conditions attached hereto as Exhibit A, subject to revisions that do not materially affect the rights and obligations of the RDA hereunder. The Board authorizes the Executive Director to negotiate and execute the loan agreement and any other relevant documents consistent with the Amended Ville 1659 Loan Funding Conditions and HDLP policy, and incorporating such other terms and agreements as recommended by the City Attorney’s office. 24 Passed by the Board of Directors of the Redevelopment Agency of Salt Lake City, this _______ day of September, 2023. ________________________________ Alejandro Puy, Chair Approved as to form: __________________________________ Salt Lake City Attorney’s Office Sara Montoya, Senior City Attorney Date: The Executive Director: ____ does not request reconsideration ____ requests reconsideration at the next regular Agency meeting. ________________________________ Erin Mendenhall, Executive Director Attest: ________________________ City Recorder August 28, 2023 25 EXHIBIT A: AMENDED VILLE 1659 LOAN FUNDING CONDITIONS • Borrower must provide evidence to RDA that all utilities relating to the Ville 1659 Project property (the “Property”) have been paid in full upon closing. • Borrower to ensure all Property utilities are paid in full and operational throughout the term of the Loan. • Borrower must provide evidence of all project funding sources (including, but not limited to, primary loan funds, equity, cash) prior to closing. RDA shall have the right to verify that all other sources of funding available to Borrower have been disbursed upon closing. • Borrower to provide a unit delivery schedule prior to closing and must comply with such schedule as applicable throughout the term of the Loan. • Borrower must develop and comply with a management plan to govern the Ville 1659 Project (such plan must include, but is not limited to, trash management, RV parking limits, abandoned vehicles, county health and city code compliance, and relationship between supportive services and tenants) throughout the term of the Loan. • Borrower to submit a report on management plan compliance to the RDA each year for the duration of the indebtedness to the RDA. • Borrower to establish and fund a maintenance reserve account of 20% of net cash flow throughout the term of the Loan for the purpose of maintaining the Property in good, clean, nuisance-free, and operable condition. • RDA to impose an interest rate increase in the event of noncompliance with applicable conditions of funding, to last as long as the noncompliance continues. • Borrower must provide rent forgiveness to tenants that have been impacted by utility shutoffs in the amount of two months’ rent, or another amount that the landlord and tenant otherwise agree to in writing, with prior approval of RDA. 26 SALT L AKE CI TY CORPORATION SWOR N STATEMENT SUPPORTING CLOSURE O F MEETING I, ____________________, acted as the presiding member of the Salt Lake Council, and I __________________, acted as the presiding member of the Redevelopment Agency of Salt Lake City, which met on ___________________ . Appropriate notice was given of the Redevelopment Agency and Council's meeting as required by §52-4-202. A quorum of the Council was present at the meeting and voted by at least a two-thirds vote, as detailed in the minutes of the open meeting, to close a portion of the meeting to discuss the following: §52-4-205(l)(a) discussion of the character, professio nal competence, or physica l or menta l health of a nindividual; §52 -4-205(1)(b) strategy sessions to discuss collective bargaining; §52-4-205(l)(c) stra tegy sessions to discuss pending or reasonably imminent litigation; §52-4-205(l)(d) strategy sessions to discuss the purchase, exchange, or lease of re al property, including any form of a water right or water sha res, if public discussion of the transaction would: (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; §52-4-205(l)(e) 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) pre ve nt the public body from completing the transaction on the best possible terms; (ii) if the public body previously gave public notice that the property would be offered for sa le; and (iii) the terms of the sa le are publicly disclosed before the public body approves the sa le; §52-4-205(1)(f) discussion regarding deployment of security personnel, devices, or systems; and §52-4-205(1)(g) investigative proceedings re garding 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 andPublic Meetings Act. Other, described as follows: _____________________________________________________________ The content of the closed portion of the Council meeting was restricted to a discussion of the matter(s) for which the meeting was closed. With regard to the closed meeting, the following was publicly announced and recorded, and entered on the minutes of the open meeting at which the closed meeting was approved: (a)the reason or reasons for holding the close d meeting; (b)the location where the closed meetin g will be held; and (c)the vote of each member of the public body eithe r for or against the motion to hold the closed meeting. The recording and any minutes of the closed meeting will include: (a)the date, time, and place of the meeting; (b)the names of members Present and Absent; and (c)the names of all others present except where such disclosure would infringe on the confidentiality necessary to fulfill the original purpose of closing the meeting. Pursuant to §52-4-206(6), a sworn statement is required to close a meeting under §52-4-205(1)(a) or (f), but a record by electronic recording or detailed minutes is not required; and Pursuant to §52-4-206(1), a record by electronic recording and/or detailed written minutes is required for a meeting closed under §52-4-205(1)(b),(c),(d),(e),and (g): A record was not made. A record was made by: : Electronic recording Detailed written minutes I her eby swe ar or affirm under penalty of perjury that the above inf ormation is true and correct to the best of my knowledge. RDA Presiding Member Date of Signature Council Presiding Member Date of Signature September 12, 2023 Alejandro PuyDarin Mano Alejandro Puy (Sep 15, 2023 10:31 MDT) 09/15/2023 Darin Mano (Sep 16, 2023 06:04 MDT)09/16/2023 Sworn Statement- RDA and Council 9-12-2023 Final Audit Report 2023-09-16 Created:2023-09-15 By:STEPHANIE ELLIOTT (stephanie.elliott@slcgov.com) Status:Signed Transaction ID:CBJCHBCAABAA6W3GvvZYi-nwfrnA77bLgkFjx459eIT2 "Sworn Statement- RDA and Council 9-12-2023" History Document created by STEPHANIE ELLIOTT (stephanie.elliott@slcgov.com) 2023-09-15 - 4:24:11 PM GMT Document emailed to alejandro.puy@slcgov.com for signature 2023-09-15 - 4:26:36 PM GMT Email viewed by alejandro.puy@slcgov.com 2023-09-15 - 4:30:56 PM GMT Signer alejandro.puy@slcgov.com entered name at signing as Alejandro Puy 2023-09-15 - 4:31:26 PM GMT Document e-signed by Alejandro Puy (alejandro.puy@slcgov.com) Signature Date: 2023-09-15 - 4:31:28 PM GMT - Time Source: server Document emailed to Darin Mano (darin.mano@slcgov.com) for signature 2023-09-15 - 4:31:29 PM GMT Email viewed by Darin Mano (darin.mano@slcgov.com) 2023-09-15 - 7:57:35 PM GMT Document e-signed by Darin Mano (darin.mano@slcgov.com) Signature Date: 2023-09-16 - 12:04:54 PM GMT - Time Source: server Agreement completed. 2023-09-16 - 12:04:54 PM GMT