05/16/2023 - MinutesThe Board of Directors of the Redevelopment Agency (RDA) of Salt Lake City met on Tuesday,
May 16, 2023.
The following Board Members were present:
Ana Valdemoros, Daniel Dugan, Amy Fowler, Chris Wharton, Alejandro Puy, Darin Mano
The following Board Members were absent:
Victoria Petro
Present Agency Leadership:
Danny Walz – Director, Cara Lindsley – Deputy Director
Present City Staff:
Cindy Lou Trishman – City Recorder, DeeDee Robinson – Minutes & Records Clerk, Stephanie
Elliott – Minutes & Records Clerk, Taylor Hill – Constituent Liaison/Policy Analyst, Scott
Corpany – Staff Assistant, Rachel Otto – Chief of Staff, Jennifer Bruno – Council Deputy
Director, Cindy Gust-Jenson – Council Executive Director, Ben Luedtke – Public Policy Analyst,
Mark Kittrell – Deputy City Attorney, Lindsey Nikola – Deputy Chief of Staff
Director Chair Puy presided at and conducted the meeting.
The meeting was called to order at 2:07 pm.
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, May 16, 2023
1
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.)
There were no comments.
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.Election of the Vice Chair ~ 2:05 p.m.
5 min
The Board will select a Board Vice Chair (for the remainder of the one-year term). The
process includes expressions of interest from Board Members, nomination, and then
voting for the Vice Chair position.
Motion:
Moved by Director Wharton, seconded by Director Valdemoros to close
nominations and open voting (by ballot) for Vice Chair of the RDA.
AYE: Ana Valdemoros, Daniel Dugan, Chris Wharton, Alejandro Puy, Darin Mano
ABSTAIN: Amy Fowler
ABSENT: Victoria Petro
Final Result: 5 – 0 Pass
Director Mano nominated Director Dugan to serve the remainder of the one-year term for
Vice Chair of the Redevelopment Agency.
Nominations for the seat were closed and voting by ballot proceeded.
Five ballots were received in favor of Director Dugan for the seat of Vice Chair.
2.Resolution: RDA Budget Amendment No.3 for Fiscal Year 2022-
23 ~ 2:10 p.m.
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, May 16, 2023
2
10 min
The Board will receive a follow-up briefing about, and consider adopting a resolution
that would amend the final budget of the Redevelopment Agency of Salt Lake City for
Fiscal Year 2022-23. Budget amendments happen several times each year to reflect
adjustments in the Redevelopment Agency’s budget, including proposed project
additions and modifications, and staffing changes. The amendment includes adjustments
to budgets based on actual property tax increment received to satisfy obligations under
state law, interlocal agreements with other taxing entities, and reimbursement
agreements with private property owners, and several holding accounts for capital
improvements and strategic intervention funds for future opportunities in project areas
among other items.
Motion:
Moved by Director Mano, seconded by Director Dugan to approve
Resolution 11 of 2023 to amend the FY 2022-2023 budget of all remaining
items.
AYE: Ana Valdemoros, Daniel Dugan, Chris Wharton, Alejandro Puy, Darin Mano
ABSTAIN: Amy Fowler
ABSENT: Victoria Petro
Final Result: 5 – 0 Pass
Ben Luedtke provided an introduction to the briefing.
There was no further discussion.
3.Overview of the Redevelopment Agency Budget for Fiscal Year
2023-24 ~ 2:20 p.m.
60 min
The Board will receive a general overview of the proposed budget for the Redevelopment
Agency of Salt Lake City for Fiscal Year 2023-24. The Board will continue to discuss the
Mayor’s Recommended Budget over the next several weeks and will have public hearings
on Tuesday May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. The Board expects to
adopt the budget in mid-June.
Danny Walz, Ben Luedtke, and Jennifer Bruno provided information regarding:
Proposed Budget for the Redevelopment Agency FY 2023-2024
•Budget consisted of multiple funds:
◦Project Area Funds
◦Housing Funds
◦Multi-use Funds
◦Agency Operations
•Overview of the budget process, including revenue sources, obligated expenses and
discretionary expenses
•Approximately $47M in projected revenue for Project Areas and Multi-Use funds
•Tax increment revenue actuals/budgeted for 2023
•Revenue by fund for Project Area/Multi-Use funds
•Approximately $9.7M in projected revenue for Housing Fund
•Approximately $44M in projected obligated expenses
•Discretionary expenses – program/project insights:
◦RDA Arts & Culture Program
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, May 16, 2023
3
◾$25K for Regent Street event programming
◾$150K for RDA Arts & Culture Program
◦Gallivan Programs
◾$214K Gallivan maintenance and repairs
◾$509K Gallivan Plaza planning
◦Commercial Assistance Programs
◾$226K Commercial revolving loans
◾$3.7M Commercial Assistance Program
◦Strategic Intervention
◾$4M in holding account for property acquisition, site development
costs, and community benefits
◦Infrastructure Improvements
◾$50K City Creek daylighting
◾$550K Sugar House Deseret Industries demolition
◾$3.6M Depot District
◾$100K North Temple
◦Infrastructure Studies and Planning Program
◾$300K Ballpark planning
•Specific allocations for discretionary expenses
•Housing activities – program/project insights:
◦$2M Property acquisition
◦$1.5M Accessory Dwelling Unit (ADU) program
◦$4.5M Housing Development Loan Program (HDLP)
◦$380K Family and workforce housing – through interlocal agreements with
Salt Lake City School District
◦$2.8M Shared equity
•Specific allocations for housing funds
•Administrative expenses – project/program insights:
◦Approximately $300K for (2) new full-time employees (FTEs)
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.
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, May 16, 2023
4
C.Redevelopment Agency Business - The RDA Board of Directors will receive
information and/or hold discussions and/or take action on:
1.Election of the Vice Chair ~ 2:05 p.m.
5 min
The Board will select a Board Vice Chair (for the remainder of the one-year term). The
process includes expressions of interest from Board Members, nomination, and then
voting for the Vice Chair position.
Motion:
Moved by Director Wharton, seconded by Director Valdemoros to close
nominations and open voting (by ballot) for Vice Chair of the RDA.
AYE: Ana Valdemoros, Daniel Dugan, Chris Wharton, Alejandro Puy, Darin Mano
ABSTAIN: Amy Fowler
ABSENT: Victoria Petro
Final Result: 5 – 0 Pass
Director Mano nominated Director Dugan to serve the remainder of the one-year term for
Vice Chair of the Redevelopment Agency.
Nominations for the seat were closed and voting by ballot proceeded.
Five ballots were received in favor of Director Dugan for the seat of Vice Chair.
2.Resolution: RDA Budget Amendment No.3 for Fiscal Year 2022-
23 ~ 2:10 p.m.
10 min
The Board will receive a follow-up briefing about, and consider adopting a resolution
that would amend the final budget of the Redevelopment Agency of Salt Lake City for
Fiscal Year 2022-23. Budget amendments happen several times each year to reflect
adjustments in the Redevelopment Agency’s budget, including proposed project
additions and modifications, and staffing changes. The amendment includes adjustments
to budgets based on actual property tax increment received to satisfy obligations under
state law, interlocal agreements with other taxing entities, and reimbursement
agreements with private property owners, and several holding accounts for capital
improvements and strategic intervention funds for future opportunities in project areas
among other items.
Motion:
Moved by Director Mano, seconded by Director Dugan to approve
Resolution 11 of 2023 to amend the FY 2022-2023 budget of all remaining
items.
AYE: Ana Valdemoros, Daniel Dugan, Chris Wharton, Alejandro Puy, Darin Mano
ABSTAIN: Amy Fowler
ABSENT: Victoria Petro
Final Result: 5 – 0 Pass
Ben Luedtke provided an introduction to the briefing.
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, May 16, 2023
5
There was no further discussion.
3.Overview of the Redevelopment Agency Budget for Fiscal Year
2023-24 ~ 2:20 p.m.
60 min
The Board will receive a general overview of the proposed budget for the Redevelopment
Agency of Salt Lake City for Fiscal Year 2023-24. The Board will continue to discuss the
Mayor’s Recommended Budget over the next several weeks and will have public hearings
on Tuesday May 16, 2023 and Tuesday, June 6, 2023 at 7 p.m. The Board expects to
adopt the budget in mid-June.
Danny Walz, Ben Luedtke, and Jennifer Bruno provided information regarding:
Proposed Budget for the Redevelopment Agency FY 2023-2024
•Budget consisted of multiple funds:
◦Project Area Funds
◦Housing Funds
◦Multi-use Funds
◦Agency Operations
•Overview of the budget process, including revenue sources, obligated expenses and
discretionary expenses
•Approximately $47M in projected revenue for Project Areas and Multi-Use funds
•Tax increment revenue actuals/budgeted for 2023
•Revenue by fund for Project Area/Multi-Use funds
•Approximately $9.7M in projected revenue for Housing Fund
•Approximately $44M in projected obligated expenses
•Discretionary expenses – program/project insights:
◦RDA Arts & Culture Program
◾$25K for Regent Street event programming
◾$150K for RDA Arts & Culture Program
◦Gallivan Programs
◾$214K Gallivan maintenance and repairs
◾$509K Gallivan Plaza planning
◦Commercial Assistance Programs
◾$226K Commercial revolving loans
◾$3.7M Commercial Assistance Program
◦Strategic Intervention
◾$4M in holding account for property acquisition, site development
costs, and community benefits
◦Infrastructure Improvements
◾$50K City Creek daylighting
◾$550K Sugar House Deseret Industries demolition
◾$3.6M Depot District
◾$100K North Temple
◦Infrastructure Studies and Planning Program
◾$300K Ballpark planning
•Specific allocations for discretionary expenses
•Housing activities – program/project insights:
◦$2M Property acquisition
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, May 16, 2023
6
◦$1.5M Accessory Dwelling Unit (ADU) program
◦$4.5M Housing Development Loan Program (HDLP)
◦$380K Family and workforce housing – through interlocal agreements with
Salt Lake City School District
◦$2.8M Shared equity
•Specific allocations for housing funds
•Administrative expenses – project/program insights:
◦Approximately $300K for (2) new full-time employees (FTEs)
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.
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;
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, May 16, 2023
7
Adjournment
2.strategy sessions to discuss pending or reasonably imminent litigation;
3.strategy sessions to discuss the purchase, exchange, or lease of real property:
(i)disclose the appraisal or estimated value of the property under consideration; or
(ii)prevent the public body from completing the transaction on the best possible
terms;
4.strategy sessions to discuss the sale of real property, including any form of a water
right or water shares, if:
(i)public discussion of the transaction would:
(A)disclose the appraisal or estimated value of the property under
consideration; or
(B)prevent the public body from completing the transaction on the best possible
terms;
(ii)the public body previously gave public notice that the property would be offered
for sale; and<
(iii)the terms of the sale are publicly disclosed before the public body approves the
sale
5.discussion regarding deployment of security personnel, devices, or systems; and
6.investigative proceedings regarding allegations of criminal misconduct.
A closed meeting may also be held for attorney-client matters that are privileged pursuant to
Utah Code § 78B-1-137, and for other lawful purposes that satisfy the pertinent requirements of
the Utah Open and Public Meetings Act.
Item not held.
G.
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, May 16, 2023
8
Meeting adjourned at: 3:10 pm.
Minutes Approved: August 8, 2023.
_______________________________
Redevelopment Agency Chair – Alejandro Puy
_______________________________
City Recorder – Cindy Trishman
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, May 16, 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, May 16, 2023
9
Alejandro Puy (Sep 15, 2023 12:58 MDT)
May 16, 2023 RDA Minutes - Approved August
8, 2023
Final Audit Report 2023-09-25
Created:2023-09-15
By:DeeDee Robinson (deedee.robinson@slcgov.com)
Status:Signed
Transaction ID:CBJCHBCAABAAqIeb6KwNVvNDLYiAltPT6UkCTeeCZcyd
"May 16, 2023 RDA Minutes - Approved August 8, 2023" History
Document created by DeeDee Robinson (deedee.robinson@slcgov.com)
2023-09-15 - 6:52:12 PM GMT
Document emailed to alejandro.puy@slcgov.com for signature
2023-09-15 - 6:56:15 PM GMT
Email viewed by alejandro.puy@slcgov.com
2023-09-15 - 6:58:18 PM GMT
Signer alejandro.puy@slcgov.com entered name at signing as Alejandro Puy
2023-09-15 - 6:58:40 PM GMT
Document e-signed by Alejandro Puy (alejandro.puy@slcgov.com)
Signature Date: 2023-09-15 - 6:58:42 PM GMT - Time Source: server
Document emailed to Cindy Trishman (cindy.trishman@slcgov.com) for signature
2023-09-15 - 6:58:43 PM GMT
Document e-signed by Cindy Trishman (cindy.trishman@slcgov.com)
E-signature obtained using URL retrieved through the Adobe Acrobat Sign API
Signature Date: 2023-09-25 - 2:11:03 PM GMT - Time Source: server
Agreement completed.
2023-09-25 - 2:11:03 PM GMT