Motion Sheet - 4/19/2022Item I2
CITY COUNCIL OF SALT LAKE CITY
451 SOUTH STATE STREET, ROOM 304
P.O. BOX 145476, SALT LAKE CITY, UTAH 84114-5476
SLCCOUNCIL.COM
TEL 801-535-7600 FAX 801-535-7651
MOTION SHEET
CITY COUNCIL of SALT LAKE CITY
TO:City Council Members
FROM: Allison Rowland
Budget and Policy Analyst
DATE:April 19, 2022
RE: ORDINANCE: ECONOMIC DEVELOPMENT LOAN FUND TO THE CURRENT
EXCHANGE, 1159 S. RICHARD STREET
MOTION 1 – ADOPT ORDINANCE
I move that the Council adopt the ordinance approving a $100,000 loan for The Current
Exchange from the Economic Development Loan Fund.
MOTION 2 – NOT ADOPT
I move that the Council not adopt the ordinance approving a $100,000 loan for The Current
Exchange, at 1159 S. Richard Street from the Economic Development Loan Fund, and proceed
to the next agenda item.