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Transmittal - 9/23/2022 REDEVELOPMENT AGENCY of SALT LAKE CITY SALT LAKE CITY CORPORATION 451 SOUTH STATE STREET, ROOM 118 WWW.SLC.GOV · WWW.SLCRDA.COM P.O. BOX 145518, SALT LAKE CITY, UTAH 84114-5518 TEL 801-535-7240 · FAX 801-535-7245 MAYOR ERIN MENDENHALL Executive Director DANNY WALZ Director CITY COUNCIL TRANSMITTAL Date Received: 9/23/2022 Rachel Otto, Chief of Staff Date sent to Council: 9/23/2022 TO: Salt Lake City Council Dan Dugan, Chair FROM: Rachel Otto, Chief of Staff, Mayor’s Office Danny Walz, Director of the Redevelopment Agency of Salt Lake City Katie Lewis, City Attorney Allison Parks, Senior City Attorney SUBJECT: Eccles Theater Interlocal Agreements CONTACT: Danny Walz, Director of the Redevelopment Agency of Salt Lake City DOCUMENT TYPE: Resolutions RECOMMENDATION: Adopt two Resolutions BUDGET IMPACTS: N/A BACKGROUND/DISCUSSION: As part of the joint operation of the Eccles Theater, the RDA, Salt Lake City, and Salt Lake County entered two separate interlocal agreements in 2013. The first interlocal agreement creates and sets forth the formation and obligations of the interlocal entity called the Utah Performing Arts Center Agency (UPACA). The second interlocal agreement, entitled the “Utah Performing Arts Center Operating Agreement,” details the terms of the management and operation of the Eccles Theater. When both interlocal agreements were initially executed, the parties agreed that the UPACA entity would maintain its own policy of insurance for the theater. However, the parties have since learned that maintaining insurance through the County will generate significant savings for the parties. To realize these costs savings, both interlocal agreements need to be amended. The UPACA Board of Directors voted and approved the amendments to both interlocal agreements on July 13, 2022. In accordance with the terms of the interlocal agreements and the Interlocal rachel otto (Sep 23, 2022 15:36 MDT) Cooperation Act, the City Council may consider approving these proposed amendments through resolutions. The resolutions attached to this memo include the proposed amended interlocal agreements. Similar action will need to be taken by the RDA Board of Directors. ATTACHMENTS: A. Resolution approving an amendment to the Operating Agreement B. Resolution approving an amendment to the interlocal agreement establishing UPACA ATTACHMENT A: RESOLUTION Approving an Amendment to the Operating Interlocal Agreement ATTACHMENT B: RESOLUTION Approving an Amendment to the Interlocal Agreement establishing UPACA RESOLUTION NO. _______ OF 2022 (A Resolution Authorizing the Third Amendment to the Operating Agreement for the Utah Performing Arts Center) WHEREAS, the Operating Agreement for the Utah Performing Arts Center (“UPAC”) was executed between the Utah Performing Arts Center Agency, an interlocal entity and political subdivision of the State of Utah, Salt Lake City Corporation, a Utah municipal corporation, the Redevelopment Agency of Salt Lake City, a public entity, and Salt Lake County, a body corporate and politic of the state of Utah (“County”), with an effective date of March 19, 2013, as amended from time to time; and WHEREAS, when the Operating Agreement was initially executed, the parties agreed UPAC would maintain its own policy of insurance, however, the parties have since learned that maintaining insurance through the County will generate significant savings for the parties; and WHEREAS, pursuant to Section 8.8 of the Operating Agreement, the parties desire to enter into the third amendment to the Operating Agreement (“Third Amendment”) to expand the definition of “Expense” and clarify that the County as the Operator will use County risk management to handle claims that arise from operations and property damage. THEREFORE, BE IT RESOLVED by the City Council of Salt Lake City that the Third Amendment to the Operating Agreement, in the form attached to this resolution as Exhibit A, is hereby approved. Passed by the City Council of Salt Lake City, Utah this ____ day of _____, 2022. SALT LAKE CITY COUNCIL Dan Dugan, Chair Attest: ___________________________ City Recorder Salt Lake City Attorney’s Office Approved as to form: Senior City Attorney EXHIBIT A TO RESOLUTION [Attach Third Amendment to Operating Agreement] RESOLUTION NO. _______ OF 2022 (A Resolution Approving the First Amendment to the Interlocal Cooperation Agreement (Utah Performing Arts Center)) WHEREAS, the Interlocal Cooperation Agreement (“Interlocal Agreement”) setting forth the requirements for the formation and obligations of a certain interlocal entity called the Utah Performing Arts Center Agency (“UPACA”) was executed between Salt Lake City Corporation, a Utah municipal corporation, the Redevelopment Agency of Salt Lake City, a public entity, and Salt Lake County, a body corporate and politic of the state of Utah (“County”), with an effective date of October 30, 2013; and WHEREAS, when the Interlocal Agreement was initially executed, the parties agreed UPACA would maintain its own policy of insurance, however, the parties have since learned that maintaining insurance through the County will generate significant savings for the parties; and WHEREAS, pursuant to Section 15(f) of the Interlocal Agreement, the parties desire to enter into the first amendment to the Interlocal Agreement (“First Amendment”) to remove UPACA’s obligations regarding maintaining certain insurance. THEREFORE, BE IT RESOLVED by the City Council of Salt Lake City that the First Amendment to the Interlocal Agreement, in the form attached to this resolution as Exhibit A, is hereby approved. Passed by the City Council of Salt Lake City, Utah this ____ day of _____, 2022. SALT LAKE CITY COUNCIL Dan Dugan, Chair Attest: ___________________________ City Recorder Salt Lake City Attorney’s Office Approved as to form: Senior City Attorney EXHIBIT A TO RESOLUTION [Attach First Amendment to Interlocal Agreement]