R-006-2018 - Northwest Quadrant Community Reinvestment Area - Amended Survey Area BoundariesR 18-2
REDEVELOPMENT AGENCY OF SALT LAKE CITY
RESOLUTION NO. R-6-2018
Northwest Quadrant Community Reinvestment Area
Amended Survey Area Boundaries
RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT
AGENCY OF SALT LAKE CITY INITIATING THE AMENDMENT OF THE
NORTHWEST QUADRANT COMMUNITY REINVESTMENT AREA PLAN BY
ADOPTING AMENDED SURVEY AREA BOUNDARIES
WHEREAS, the Redevelopment Agency of Salt Lake City ("RDA") was created
to transact the business and exercise the powers provided for in Utah Code 17C, the
Community Reinvestment Agency Act.
WHEREAS, on January 9, 2018, the RDA Board approved Resolution R-1-2018,
adopting the Northwest Quadrant Community Reinvestment Area Plan ("CRA Plan") to
utilize tax increment funds derived from within project area boundaries ("Project Area") to
facilitate community reinvestment activities.
WHEREAS, property owners adjacent to the Project Area have demonstrated
interest in incorporating their properties, as further described in Exhibit A attached hereto,
within designated boundaries of the Project Area ("Amended Survey Area Boundaries").
WHEREAS, incorporating additional parcels within the Project Area requires an
amendment to the CRA Plan.
WHEREAS, Utah Code 17C-5-112 requires the RDA to treat any enlargement of a
community reinvestment project area's geographic area "as though the agency were creating
a community reinvestment project area."
WHEREAS, under Utah Code 17C-5-103, the first step to initiating the process of
adopting a community reinvestment project area plan is to adopt a survey area resolution.
WHEREAS, the purpose of this Resolution is to establish the proposed Amended
Survey Area Boundaries.
NOW, THEREFORE, BE IT RESOLVED, THE BOARD OF DIRECTORS OF THE
REDEVELOPMENT AGENCY OF SALT LAKE CITY THAT:
1. Map and Depiction. Pursuant to Utah Code 17C-5-103(1)(a) and (b), the
Amended Survey Area Boundaries are within the RDA's boundaries and a depiction and
map of the Amended Survey Area Boundaries are attached as. Exhibit A.
2. Study. Pursuant to Utah Code 17C-5-103(c), the Board determines that the
proposed amendment to the CRA Plan requires a study to determine whether project area
development is feasible.
3. Authorization. Pursuant to Utah Code 17C-5-103(1)(d)(i) and (d)(ii), the
Board hereby authorizes the preparation of an amended CRA Plan that includes the
Amended Survey Area Boundaries and authorizes and directs the RDA to conduct any
appropriate examination, investigation, or negotiation regarding the Amended Survey Area
Boundaries.
Passed by the Board of Directors of the Re•� velop A�egf Salt Lake City, this
13th day of Fed 2018
Derek chen, Chairman
Transmitted to the Executive Director on February 14, Z018
The Executive Director:
b' does not request reconsideration
requests reconsideration at the next regular Agency meeting.
J cqueline M. Biskupski, Executive Director
Approved as to form: "--
Salt Lake City Attorney's Office
Katherine N. Lewis
Date: 11 Zi(1
Attest:
City Recorder
HB ATTY-#67162-v1-RDA_Resolution NWQ_CRA_Plan_Boundary_Amendment.docx
EXHIBIT A
[Attach Boundary Description and Map]
EXHIBIT A
Amended Survey Area Boundaries
Current CRA Plan Boundary
:•�E Proposed Amended Survey Area Boundary
2,000 4,000
8,000 Feet