08/01/2024 - Meeting Agenda MEETING OF THE
ECONOMIC DEVELOPMENT LOAN FUND (EDLF) LOAN COMMITTEE
Thursday, August 1, 2024
1:00 p.m.
To access and participate in the meeting please visit:
https://saltlakeciiy.webex.com/saltlakecity_/j.php?MTfD=m3aO3cfa6a3204416aaOb982745ea9O87
Agenda
1. Roll Call—Chair
2. Approval of the minutes -Chair
A. Review and Approval of the July 18,2024,EDLF Minutes
EDLF Committee members will review the July 18, 2024, minutes and consider for
approval.
3. DED Staff Announcements
A. Business Development Director will provide Staff Announcements
4. Business Items
A. Review and Recommendation for Botanika SLC,LLC—Will Wright
1. Loan Overview and Discussion
B. 15-minute break
1. 15-minute break to score Botanika's application
C. Discussion and Vote on Loan Applications
5. Final Discussion
6. Adjournment- Chair
STANDING ITEM
Tentative Closed Session—The Loan Committee 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:
i. Nonpublic personal financial information; or_a nonpublic trade secret, as defined in
Section 13-24-2, or nonpublic business financial information the disclosure of which would
reasonably be expected to result in unfair competitive injury to the person submitting the
information;
2. Loan Committee requires advice from legal counsel.