003 of 2022 - RDA Budget Amendment No. 2 for Fiscal Year 2021-221
REDEVELOPMENT AGENCY OF SALT LAKE CITY
RESOLUTION NO__________
Second Budget Amendment
RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY
OF SALT LAKE CITY (“RDA”) AMENDING THE FINAL BUDGET OF THE RDA FOR
FISCAL YEAR 2021-2022
WHEREAS, on June 15, 2021, the RDA Board of Directors (“Board”) adopted the final
budget of the RDA, effective for the fiscal year beginning July 1, 2021 and ending June 30, 2022,
in accordance with the requirements of Section 17C-1-601.5 of the Utah Code.
WHEREAS, all conditions precedent to amend the RDA's budget have been accomplished.
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the
Redevelopment Agency of Salt Lake City:
1.Purpose. The purpose of this Resolution is to amend the final budget of the RDA,
as approved, ratified and finalized by the RDA Board on June 15, 2021.
2.Adoption of Amendments. The budget amendments shown on Exhibit A as “Board
Approved” are hereby adopted and incorporated into the budget of the RDA.
3.Filing of copies of the Budget Amendments. The Salt Lake City Finance
Department, on behalf of the RDA, is authorized and directed to certify and file a copy of said
budget amendments in the office of the Finance Department, the RDA, and the office of the City
Recorder which amendments shall be available for public inspection.
Passed by the Board of Directors of the Redevelopment Agency of Salt Lake City, Utah,
this ___ day of ______________, 2022, to be effective upon adoption.
________________________________
Ana Valdemoros, Chair
Approved as to form: __________________________________
Salt Lake City Attorney’s Office
Allison Parks
Date:____________________________
3
12th April
Allison Parks (May 9, 2022 09:17 MDT)
05/09/22
Ana Valdemoros (May 11, 2022 10:33 MDT)
2
The Executive Director:
____ does not request reconsideration
____ requests reconsideration at the next regular Agency meeting.
_________________________________
Erin Mendenhall, Executive Director
Attest:
_________________________
City Recorder
Erin Mendenhall (May 16, 2022 10:04 MDT)
Cindy Trishman (May 17, 2022 17:39 MDT)
3
EXHIBIT A TO RESOLUTION
[Attach Board’s Final Approved Budget Amendment]
Initiative Number/Name Project Area Revenue Amount
Expenditure
Amount
Revenue
Amount
Expenditure
Amount
Ongoing or One-
time FTEs
1 RDA Budget Amendment - True Tax Received 9-Line 1,871,603.00 1,871,603.00 1,871,603.00 1,871,603.00 One-time -
1 RDA Budget Amendment - True Tax Received SS 3,289,619.00 3,289,619.00 3,289,619.00 3,289,619.00 One-time -
1 RDA Budget Amendment - True Tax Received WCH - - - - One-time -
1 RDA Budget Amendment - True Tax Received PHF 837,232.00 837,232.00 837,232.00 837,232.00 One-time -
1 RDA Budget Amendment - True Tax Received DD 1,244,229.00 1,244,229.00 1,244,229.00 1,244,229.00 One-time -
1 RDA Budget Amendment - True Tax Received GD 354,152.00 354,152.00 354,152.00 354,152.00 One-time -
1 RDA Budget Amendment - True Tax Received CBD 1,637,213.00 1,637,213.00 1,637,213.00 1,637,213.00 One-time -
1 RDA Budget Amendment - True Tax Received NTV 1,392,516.00 1,392,516.00 1,392,516.00 1,392,516.00 One-time -
1 RDA Budget Amendment - True Tax Received Block 70 234,208.00 233,944.00 234,208.00 233,944.00 One-time -
1 RDA Budget Amendment - True Tax Received NTA 239,499.00 239,499.00 239,499.00 239,499.00 One-time -
1 RDA Budget Amendment - True Tax Received SRCRA 37,334.00 37,334.00 37,334.00 37,334.00 One-time -
1 RDA Budget Amendment - True Tax Received NWQ-Op (464,652.00) (464,652.00) (464,652.00) (464,652.00) One-time -
1 RDA Budget Amendment - True Tax Received Admin 530,553.00 530,553.00 530,553.00 530,553.00 One-time -
1 RDA Budget Amendment - True Tax Received SHF (246,465.00) (246,465.00) (246,465.00) (246,465.00)
2
RDA Budget Amendment - Transfer to HDF from Hand
HDF 2,800,000.00 2,800,000.00 2,800,000.00 2,800,000.00 One-time -
3 RDA Budget Amendment - Fire clean up PIF 50,000.00 100,000.00 50,000.00 100,000.00 One-time -
4 RDA Budget Amendment - UIPA Housing Allocation WCI 159,031.00 97,676.00 159,031.00 97,676.00 One-time -
5 RDA Budget Amendment - Reallocate RLF funding to
Central Station Property Acquisition
CS-PA - 550,000.00 - 550,000.00 One-time -
5 RDA Budget Amendment - Reallocate RLF funding to
Central Station Property Acquisition
RLF-CL - (550,000.00) - (550,000.00) One-time -
6 RDA Budget Amendment - Reallocate PIF Arctic Court
Infill Home funding to Marmalade Plaza
PIF - (338,141.00) - (338,141.00) One-time -
6 RDA Budget Amendment - Reallocate PIF Arctic Court
Infill Home funding to Marmalade Plaza
MP - 338,141.00 - 338,141.00 One-time -
7 Relase of UPAC cash bond Block 70 - 720,042.00 - 720,042.00
8 FY2021 TI Reimbursement NWQ-Op - 1,179,247.00 - 1,179,247.00
1 Transfer from Admin to CE Marmalade Plaza PHF - (150,000.00) - (150,000.00)
1 Transfer from Admin to CE Marmalade Plaza PHF - 150,000.00 - 150,000.00
2 Transfer from Admin to West Temple Construction
Mitigation
WCH - (40,000.00) - (40,000.00)
2 Transfer from Admin to West Temple Construction
Mitigation
WCH - 40,000.00 - 40,000.00
Fiscal Year 2021-22 RDA Budget Amendment #2
Section A: New Items
Section B: Grants for Existing Staff Resources
Section C: Grants for New Staff Resources
Section D: Housekeeping
Board ApprovedAdministration Proposed
1
Initiative Number/Name Project Area Revenue Amount
Expenditure
Amount
Revenue
Amount
Expenditure
Amount
Ongoing or One-
time FTEs
Fiscal Year 2021-22 RDA Budget Amendment #2
Board ApprovedAdministration Proposed
-
Total of Budget Amendment Items 13,966,072.00 15,853,742.00 13,966,072.00 15,853,742.00
Total by Fund, Budget Amendment #1:
Redevelopment Agency RDA 13,966,072.00 15,853,742.00 13,966,072.00 15,853,742.00 -
Total of Budget Amendment Items 13,966,072.00 15,853,742.00 13,966,072.00 15,853,742.00 -
Current Year Budget Summary, provided for information only
FY 2019-20 Budget, Including Budget Amendments
FY 2021-22
Adopted Budget RDA BA #1 Total RDA BA #2 Total Total To-Date
Redevelopment Agency 61,909,808 (1,298,467) 15,853,742.00 76,465,083
Redevelopment Agency CIP - -
Total of Budget Amendment Items 61,909,808 (1,298,467) 15,853,742 76,465,083
Adopted __/__/____
Certification
Budget Manager
Deputy Director, City Council/RDA Board
Contingent Appropriation
Section G: Board Consent Agenda -- Grant Awards
Section I: Board Added Items
Section E: Grants Requiring No New Staff Resources
Section F: Donations
2
Benjamin Luedtke (Apr 28, 2022 14:41 MDT)
Benjamin Luedtke
John Vuyk
Resolution 3 of 2022 - RDA Budget Amendment
No 2 for Fiscal Year 21-22
Final Audit Report 2022-05-17
Created:2022-04-28
By:Thais Stewart (thais.stewart@slcgov.com)
Status:Signed
Transaction ID:CBJCHBCAABAAwMctGNjMf7EVDDimM3efdv9sDYAoEmID
"Resolution 3 of 2022 - RDA Budget Amendment No 2 for Fiscal
Year 21-22" History
Document created by Thais Stewart (thais.stewart@slcgov.com)
2022-04-28 - 6:13:04 PM GMT
Document emailed to Benjamin Luedtke (benjamin.luedtke@slcgov.com) for signature
2022-04-28 - 6:17:04 PM GMT
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2022-04-28 - 8:40:26 PM GMT
Document e-signed by Benjamin Luedtke (benjamin.luedtke@slcgov.com)
Signature Date: 2022-04-28 - 8:41:36 PM GMT - Time Source: server
Document emailed to John Vuyk (john.vuyk@slcgov.com) for signature
2022-04-28 - 8:41:38 PM GMT
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2022-04-28 - 8:46:19 PM GMT
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2022-05-06 - 9:54:01 PM GMT
Document e-signed by John Vuyk (john.vuyk@slcgov.com)
Signature Date: 2022-05-06 - 9:54:15 PM GMT - Time Source: server
Document emailed to Allison Parks (allison.parks@slcgov.com) for signature
2022-05-06 - 9:54:17 PM GMT
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2022-05-09 - 3:16:59 PM GMT
Document e-signed by Allison Parks (allison.parks@slcgov.com)
Signature Date: 2022-05-09 - 3:17:16 PM GMT - Time Source: server
Document emailed to Ana Valdemoros (ana.valdemoros@slcgov.com) for signature
2022-05-09 - 3:17:19 PM GMT
Email viewed by Ana Valdemoros (ana.valdemoros@slcgov.com)
2022-05-09 - 8:16:20 PM GMT
Email viewed by Ana Valdemoros (ana.valdemoros@slcgov.com)
2022-05-10 - 3:45:25 PM GMT
Email viewed by Ana Valdemoros (ana.valdemoros@slcgov.com)
2022-05-11 - 4:32:45 PM GMT
Document e-signed by Ana Valdemoros (ana.valdemoros@slcgov.com)
Signature Date: 2022-05-11 - 4:33:03 PM GMT - Time Source: server
Document emailed to Erin Mendenhall (erin.mendenhall@slcgov.com) for signature
2022-05-11 - 4:33:05 PM GMT
Email viewed by Erin Mendenhall (erin.mendenhall@slcgov.com)
2022-05-11 - 4:38:47 PM GMT
Email viewed by Erin Mendenhall (erin.mendenhall@slcgov.com)
2022-05-13 - 5:49:58 AM GMT
Email viewed by Erin Mendenhall (erin.mendenhall@slcgov.com)
2022-05-14 - 4:57:36 AM GMT
Email viewed by Erin Mendenhall (erin.mendenhall@slcgov.com)
2022-05-15 - 4:12:36 AM GMT
Email viewed by Erin Mendenhall (erin.mendenhall@slcgov.com)
2022-05-16 - 4:58:19 AM GMT
Document e-signed by Erin Mendenhall (erin.mendenhall@slcgov.com)
Signature Date: 2022-05-16 - 4:04:23 PM GMT - Time Source: server
Document emailed to Cindy Trishman (cindy.trishman@slcgov.com) for signature
2022-05-16 - 4:04:25 PM GMT
Document e-signed by Cindy Trishman (cindy.trishman@slcgov.com)
Signature Date: 2022-05-17 - 11:39:21 PM GMT - Time Source: server
Agreement completed.
2022-05-17 - 11:39:21 PM GMT