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010 of 2022 - RDA Budget Amendment No. 1 FY 2022-231 REDEVELOPMENT AGENCY OF SALT LAKE CITY RESOLUTION NO 10 of 2022 First Budget Amendment RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY AMENDING THE FINAL BUDGET OF THE RDA FOR FISCAL YEAR 2022-2023 WHEREAS, on June 14, 2022, the Redevelopment Agency (“RDA”) Board of Directors (“Board”) adopted the final budget of the RDA, effective for the fiscal year beginning July 1, 2022, and ending June 30, 2023, in accordance with the requirements of Section 17C-1-601.5 of the Utah Code. WHEREAS, all conditions precedent to amend the RDA's final 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 Board on June 14, 2022. 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 13th day of September, 2022, to be effective upon adoption. ________________________________ Ana Valdemoros, Chair Approved as to form: __________________________________ Salt Lake City Attorney’s Office Allison Parks Date:____________________________ Allison Parks (Sep 15, 2022 10:41 MDT) Sep 15, 2022 Ana Valdemoros (Sep 20, 2022 10:00 MDT) 2 The Executive Director: ____ does not request reconsideration ____ requests reconsideration at the next regular Agency meeting. _________________________________ Erin Mendenhall, Executive Director Attest: _________________________ City Recorder rachel otto (Sep 20, 2022 19:38 MDT) 4 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 Funding Rescope West Capitol Hill.- 280,000.00 - 280,000.00 One-time - 1 Funding Rescope West Capitol Hill.- (280,000.00) - (280,000.00) One-time - 1 Funding Rescope Revolving Loan Fund -720,000.00 -720,000.00 One-time - 1 Funding Rescope Revolving Loan Fund -(720,000.00)-(720,000.00)One-time - 1 Funding Rescope Depot District - 3,900,000.00 - 3,900,000.00 One-time - 1 Funding Rescope Depot District - (3,900,000.00) - (3,900,000.00) One-time - - Total of Budget Amendment Items - - - - Total by Fund, Budget Amendment #1: Redevelopment Agency RDA - - - - - Redevelopment Agency - CP RDA -CIP - - - - Total of Budget Amendment Items - - - - - Current Year Budget Summary, provided for information only FY 2022-23 Budget, Including Budget Amendments FY 2022-23 Adopted Budget RDA BA #1 Total Total To-Date Redevelopment Agency 63,300,899 - - 63,300,899 Redevelopment Agency CIP - - - - Total of Budget Amendment Items 63,300,899 - 63,300,899 Certification Budget Manager Deputy Director, City Council/RDA Board Contingent Appropriation and Notes Fiscal Year 2022-23 RDA Budget Amendment #1 Section G: Board Consent Agenda -- Grant Awards Section I: Board Added Items Section A: New Items Section B: Grants for Existing Staff Resources Section C: Grants for New Staff Resources Section D: Housekeeping Section E: Grants Requiring No New Staff Resources Section F: Donations Board ApprovedAdministration Proposed The Board approved the amendment as presented by the Administration with a note that Parks Impact Fees would be used for the Marmalade Plaza project. This will be addressed in a City budget amendment and subsequent RDA amendment. 1 John Vuyk Benjamin Luedtke Benjamin Luedtke (Sep 15, 2022 11:25 MDT) Resolution 10 of 2022 - RDA FY2023 Budget Amendment No 1 (Adopted 9/13/22) Final Audit Report 2022-09-21 Created:2022-09-15 By:DeeDee Robinson (deedee.robinson@slcgov.com) Status:Signed Transaction ID:CBJCHBCAABAA0ankhG-YiHDkUq7R6pYi0QDK2C8Q5M-Z "Resolution 10 of 2022 - RDA FY2023 Budget Amendment No 1 (Adopted 9/13/22)" History Document created by DeeDee Robinson (deedee.robinson@slcgov.com) 2022-09-15 - 2:54:02 PM GMT Document emailed to Allison Parks (allison.parks@slcgov.com) for signature 2022-09-15 - 3:01:05 PM GMT Email viewed by Allison Parks (allison.parks@slcgov.com) 2022-09-15 - 4:41:43 PM GMT Document e-signed by Allison Parks (allison.parks@slcgov.com) Signature Date: 2022-09-15 - 4:41:59 PM GMT - Time Source: server Document emailed to Benjamin Luedtke (benjamin.luedtke@slcgov.com) for signature 2022-09-15 - 4:42:01 PM GMT Email viewed by Benjamin Luedtke (benjamin.luedtke@slcgov.com) 2022-09-15 - 5:24:24 PM GMT Document e-signed by Benjamin Luedtke (benjamin.luedtke@slcgov.com) Signature Date: 2022-09-15 - 5:25:20 PM GMT - Time Source: server Document emailed to John Vuyk (john.vuyk@slcgov.com) for signature 2022-09-15 - 5:25:22 PM GMT Email viewed by John Vuyk (john.vuyk@slcgov.com) 2022-09-16 - 3:18:09 PM GMT Document e-signed by John Vuyk (john.vuyk@slcgov.com) Signature Date: 2022-09-16 - 3:19:18 PM GMT - Time Source: server Document emailed to ana.valdemoros@slcgov.com for signature 2022-09-16 - 3:19:20 PM GMT Email viewed by ana.valdemoros@slcgov.com 2022-09-17 - 3:03:31 AM GMT Email viewed by ana.valdemoros@slcgov.com 2022-09-18 - 4:39:24 PM GMT Email viewed by ana.valdemoros@slcgov.com 2022-09-19 - 4:04:07 PM GMT Email viewed by ana.valdemoros@slcgov.com 2022-09-20 - 3:43:54 PM GMT Signer ana.valdemoros@slcgov.com entered name at signing as Ana Valdemoros 2022-09-20 - 4:00:38 PM GMT Document e-signed by Ana Valdemoros (ana.valdemoros@slcgov.com) Signature Date: 2022-09-20 - 4:00:40 PM GMT - Time Source: server Document emailed to Erin Mendenhall (erin.mendenhall@slcgov.com) for signature 2022-09-20 - 4:00:42 PM GMT Email viewed by Erin Mendenhall (erin.mendenhall@slcgov.com) 2022-09-21 - 1:13:45 AM GMT Document signing delegated to rachel otto (rachel.otto@slcgov.com) by Erin Mendenhall (erin.mendenhall@slcgov.com) 2022-09-21 - 1:14:03 AM GMT Document emailed to rachel otto (rachel.otto@slcgov.com) for signature 2022-09-21 - 1:14:04 AM GMT Email viewed by rachel otto (rachel.otto@slcgov.com) 2022-09-21 - 1:38:01 AM GMT Document e-signed by rachel otto (rachel.otto@slcgov.com) Signature Date: 2022-09-21 - 1:38:18 AM GMT - Time Source: server Document emailed to Cindy Trishman (cindy.trishman@slcgov.com) for signature 2022-09-21 - 1:38:19 AM GMT Document e-signed by Cindy Trishman (cindy.trishman@slcgov.com) Signature Date: 2022-09-21 - 11:10:46 PM GMT - Time Source: server Agreement completed. 2022-09-21 - 11:10:46 PM GMT