Motion Sheet - 7/4/2021Item C2
MOTION SHEET
THE REDEVELOPMENT AGENCY of SALT LAKE CITY
TO:RDA Board Members
FROM:Allison Rowland
Budget & Policy Analyst
DATE:May 04, 2021
RE: RESOLUTION: LOAN TO COLONY B, LLC, FOR AN AFFORDABLE HOUSING
DEVELOPMENT AT APPROXIMATELY 228 WEST 1300 SOUTH
MOTION 1 – APPROVE THE RESOLUTION
I move that the Board adopt the resolution to approve a loan of $1,340,000 to Colony B, LLC, for
an affordable housing project at approximately 228 West 1300 South.
MOTION 2 – NOT APPROVE THE RESOLUTION
I move the Board not adopt the resolution to approve a loan of $1,340,000 to Colony B, LLC, for
an affordable housing project at approximately 228 West 1300 South, and move on to the next
item.