08/08/2023 - MinutesThe Board of Directors of the Redevelopment Agency (RDA) of Salt Lake City met on Tuesday,
August 8, 2023.
The following Board Members were present:
Victoria Petro, Daniel Dugan, Chris Wharton, Alejandro Puy, Darin Mano, Sarah Young
The following Board Members were absent:
Ana Valdemoros
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, Stephanie Elliott –
Minutes & Records Clerk, Thais Stewart – Deputy City Recorder , Matthew Brown – Minutes &
Records Clerk, Isaac Canedo – Public Engagement Communication Specialist, Taylor Hill –
Constituent Liaison/Policy Analyst, Scott Corpany – Staff Assistant, Ashley Ogden – Project
Manager, Tracy Tran – Project Manager
Director Chair Alejandro Puy presided at and conducted the meeting.
The meeting was called to order at 2:03 pm
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, August 8, 2023
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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.)
Kristina Robb thanked the City and Council for the work to maintain affordable
housing in the Liberty Wells neighborhood and requested efforts be continued.
B.Public Hearing - individuals may speak to the Board once per public hearing
topic for two minutes, however written comments are always accepted:
NONE.
Item not held
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 May 2, 2023 and May 16, 2023.
Motion:
Moved by Director Petro, seconded by Director Dugan to approve the
meeting minutes of May 2, 2023 and May 16, 2023.
AYE: Victoria Petro, Daniel Dugan, Chris Wharton, Alejandro Puy, Darin Mano, Sarah
Young
ABSENT: Ana Valdemoros
Final Result: 6 – 0 Pass
2.Depot District Stormwater Detention Relocation Project ~ 2:10 p.m.
10 min.
The Board will be briefed about, and will consider approving an allocation of $200,000
to support the stormwater detention relocation project at 233 South 600 West. This
request is for an additional $200,000 from the Depot District Project Area Infrastructure
Improvements Program to fill the construction funding gap and allow the RDA to fulfill
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, August 8, 2023
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its obligations per the development agreement. If the additional funding is approved, the
total relocation project budget is estimated at $504,404. The rest of the budget would
include remaining funds from the original $1.2 million allocation used to acquire the
property.
Ashley Ogden discussed the requested funding for the construction of the Stormwater
Detention Relocation Project.
Straw Poll: Support to fund the Relocation Project. All Directors present were in favor.
Director Valdemoros was absent.
3.Resolution: Releasing Funding for the Affordable Housing
Initiative - Perpetual Housing Fund Follow-up
~ 2:20
p.m.
30 min.
The Board will receive a follow-up briefing and will consider approving a resolution that
would adopt the Term Sheet and Waiver of the Sustainable Development Policy for The
Perpetual Housing Fund of Utah, LLC (PHF) at the 515 Project. The Administration is
requesting the Board review the term sheet, and if acceptable, release the $10 million
from American Rescue Plan Act (ARPA) dollars approved in Budget Amendment No. 6 of
Fiscal Year 2022-23 for this purpose.
For more information on this item visit https://tinyurl.com/SLCHousingProposals.
Danny Walz and Tracy Tran presented the Resolution Releasing Funds for the
Affordable Housing Initiative – Perpetual Fund.
Directors stated their excitement for this project and thanked the City Employees for all
of the hard work on this project and the attention to the needs of the community.
Director Dugan clarified the previous motion made to approve the release of funds for the
Housing Development Loan Program.
Motion:
Moved by Director Dugan, seconded by Director Mano to adopt Resolution
14 of 2023 Releasing Funding for the Affordable Housing Initiative –
Perpetual Housing Fun Follow-up. (motion clarification added by Dugan)
AYE: Victoria Petro, Daniel Dugan, Chris Wharton, Alejandro Puy, Darin Mano, Sarah
Young
ABSENT: Ana Valdemoros
Final Result: 6 – 0 Pass
4.Tentative Reconsideration of Resolution: Amendment to
Terms for Loan to Ville 1659, LLC, and Clarification of
Housing Development Loan Program
TENTATIVE
10 min
The Board may be briefed about and may reconsider the vote on July 11, 2023 that
approved a resolution modifying the terms of Ville 1659 project’s Housing Development
Loan Program (HDLP) loan located at 1659 West North Temple. The modifications
included changing the type of loan from a construction gap loan with cash-flow
payments to a bridge loan with a balloon payment at the end of the term. Reducing the
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, August 8, 2023
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term from 40 years to three years and increasing from a one percent interest rate to a
two percent interest rate.
Motion:
Moved by Director Petro, seconded by Director Wharton to reconsider the
motion from July 11, 2023, adopting the resolution amending the terms for
the loan to Ville 1659 and clarifying the Housing Development Loan
Program, 2023.
AYE: Victoria Petro, Daniel Dugan, Chris Wharton, Alejandro Puy, Darin Mano, Sarah
Young
ABSENT: Ana Valdemoros
Final Result: 6 – 0 Pass
5.Resolution: Separate Motions on Amendment to Terms for Loan
to Ville 1659, LLC and Clarification of Housing Development
Loan Program
TENTATIVE
5 min
The Board may choose to separate the items amending terms for a loan to Ville 1659, and
clarifying the Housing Development Loan Program, and consider voting on them
separately.
Item not held
6.Straw Poll – Property Acquisition in State Street Project Area TENTATIVE
10 min.
The Board will consider a straw poll to release funds from a strategic intervention fund
holding account to facilitate property acquisition.
Straw Poll: Support to approve property acquisition in State Street Project, not to
exceed 2.5 million dollars. All Directors present were in favor. Director Valdemoros was
absent.
7.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
8.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;
•Property Updates; and
•Scheduling Items.
Item not held
9.Report of the Chair and Vice Chair TENTATIVE
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, August 8, 2023
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5 min.
Report of the Chair and Vice Chair.
Item not held
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.
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
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, August 8, 2023
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Adjournment
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.
Motion:
Moved by Director Petro, seconded by Director Dugan to enter into Closed Session
for the purposes of: d. strategy sessions to discuss the purchase, exchange, or
lease of real property, including any form of a water right or water shares, if
public discussion of the transaction would: (i) disclose the appraisal or prevent
the public body from completing the transaction on the best possible terms; and
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.
AYE: Victoria Petro, Daniel Dugan, Chris Wharton, Alejandro Puy, Darin Mano, Sarah Young
ABSENT: Ana Valdemoros
Final Result: 6 – 0 Pass
Motion:
Moved by Director Dugan, seconded by Director Young to adjourn closed session.
AYE: Victoria Petro, Daniel Dugan, Chris Wharton, Alejandro Puy, Darin Mano, Sarah Young
ABSENT: Ana Valdemoros
Final Result: 6 – 0 Pass
Closed Session Started at 2:40 PM
Held via Zoom and in the Work Session Room (location)
Council Members in Attendance: Council Members Dugan, Puy, Petro, Wharton, Young, and
Mano (online).
City Staff in Attendance: Mayor Mendenhall, Katherine Lewis, Rachel Otto, Lindsey Nikola,
Andrew Johnston, Cindy Gust-Jenson, Jennifer Bruno, Lehua Weaver, Allison Rowland, Ben
Luedtke, Nick Tarbet, Tammy Huntsaker, Sara Montoya, Danny Walz, Robyn Stine, Allison
Parks, Kimberly Chytraus, Blake Thomas, Megan Yuill, Austin Taylor, Marcus Lee, Kate
Werrett, Makena Hawley, Kathryn Hackman, Lucas Goodrich, Corinne Piazza, Whitney
Gonsalez Fernandez, Matthew Brown, and Thais Stewart.
Closed Session ended at 3:24 PM
G.
MINUTES OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY
Tuesday, August 8, 2023
6
Meeting adjourned at 3:36 pm
Minutes Approved: October 10, 2023
_______________________________
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 8, 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, August 8, 2023
7
Alejandro Puy (Oct 10, 2023 18:34 MDT)
August 8, 2023 RDA Approved Minutes
Final Audit Report 2023-10-13
Created:2023-10-10
By:STEPHANIE ELLIOTT (stephanie.elliott@slcgov.com)
Status:Signed
Transaction ID:CBJCHBCAABAAmaP3E9YedJmSq77Oldn_qeLZnYXQ2v6j
"August 8, 2023 RDA Approved Minutes" History
Document created by STEPHANIE ELLIOTT (stephanie.elliott@slcgov.com)
2023-10-10 - 11:46:21 PM GMT
Document emailed to alejandro.puy@slcgov.com for signature
2023-10-10 - 11:47:13 PM GMT
Email viewed by alejandro.puy@slcgov.com
2023-10-11 - 0:33:50 AM GMT
Signer alejandro.puy@slcgov.com entered name at signing as Alejandro Puy
2023-10-11 - 0:34:43 AM GMT
Document e-signed by Alejandro Puy (alejandro.puy@slcgov.com)
Signature Date: 2023-10-11 - 0:34:45 AM GMT - Time Source: server
Document emailed to Cindy Trishman (cindy.trishman@slcgov.com) for signature
2023-10-11 - 0:34:46 AM 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: 2023-10-13 - 6:18:05 PM GMT - Time Source: server
Agreement completed.
2023-10-13 - 6:18:05 PM GMT