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15 of 2023 - RDA Budget Amendment No. 1 FY 2023-24REDEVELOPMENT AGENCY OF SALT LAKE CITY RESOLUTION NO ----- First Budget Amendment for Fiscal Year 2023-2024 RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY AMENDING THE FINAL BUDGET OF THE RDA FOR FISCAL YEAR 2023-2024. WHEREAS, on June 13, 2023, the Redevelopment Agency (RDA) Board of Directors (Board)adopted the final budget of the RDA, effective for the fiscal year beginning July 1, 2023, and ending June 30, 2024, in accordance with the requirements of Section 17C-1-601.5 of the Utah Code. WHEREAS, on May 2, 2023, the Board approved a resolution adopting the tentative final budget, while reserving consideration of other proposed amendments until a later date. WHEREAS, all conditions precedent to amend the RDA's final annual 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 annual budget of the RDA, as approved, ratified and finalized by the Board on June 13, 2023. 2. Adoption of Amendments. The budget amendments shown on Exhibit A as "Board Approved" are hereby adopted and incorporated into the annual 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 _____ � 2023, to be effective upon adoption. Alejandro Puy, Chair Approved as to form:-���-�----------­Salt Lake City Attorney's Office Allison Parks 1 14th November 15 Allison Parks (Dec 13, 2023 10:15 MST) Dec 13, 2023 Daniel Dugan (Dec 20, 2023 13:08 MST) 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 (Dec 20, 2023 14:53 MST) 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 RDA Housing Funds Transfer to Misc Grants Housing Dev Fund (6,476,014.00) (6,476,014.00) (6,476,014.00) (6,476,014.00) One-time - - Total of Budget Amendment Items (6,476,014.00) (6,476,014.00) (6,476,014.00) (6,476,014.00) Total by Fund, Budget Amendment #1: Redevelopment Agency RDA (6,476,014.00) (6,476,014.00) (6,476,014.00) (6,476,014.00) - Total of Budget Amendment Items (6,476,014.00) (6,476,014.00) (6,476,014.00) (6,476,014.00) - Fiscal Year 2023-24 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 1 Initiative Number/Name Project Area Revenue Amount Expenditure Amount Revenue Amount Expenditure Amount Ongoing or One- time FTEs Fiscal Year 2023-24 RDA Budget Amendment #1 Board ApprovedAdministration Proposed Current Year Budget Summary, provided for information only FY 2023-24 Budget, Including Budget Amendments Total Revenue RDA BA #1 Total Total To-Date Redevelopment Agency 80,803,841 (6,476,014) - 74,327,827 Total of Budget Amendment Items 80,803,841 (6,476,014) - 74,327,827 Total Expense RDA BA #1 Total Total To-Date Redevelopment Agency 80,803,841 (6,476,014) 74,327,827 Total of Budget Amendment Items 80,803,841 (6,476,014) 74,327,827 Certification Budget Manager Deputy Director, City Council/RDA Board Contingent Appropriation and Notes 2 Benjamin Luedtke (Dec 13, 2023 10:42 MST) Benjamin Luedtke Mary Beth Thompson (Updated) Resolution 15 of 2023 RDA Budget Amendment No.1 for Fiscal Year 2023-24 Final Audit Report 2023-12-21 Created:2023-12-13 By:Thais Stewart (thais.stewart@slcgov.com) Status:Signed Transaction ID:CBJCHBCAABAAwoADN5KGGeEucpPqxLoRGX0j7NIrt6qw "(Updated) Resolution 15 of 2023 RDA Budget Amendment No. 1 for Fiscal Year 2023-24" History Document created by Thais Stewart (thais.stewart@slcgov.com) 2023-12-13 - 5:11:55 PM GMT Document emailed to Allison Parks (allison.parks@slcgov.com) for signature 2023-12-13 - 5:14:15 PM GMT Email viewed by Allison Parks (allison.parks@slcgov.com) 2023-12-13 - 5:14:32 PM GMT Document e-signed by Allison Parks (allison.parks@slcgov.com) Signature Date: 2023-12-13 - 5:15:06 PM GMT - Time Source: server Document emailed to Benjamin Luedtke (benjamin.luedtke@slcgov.com) for signature 2023-12-13 - 5:15:07 PM GMT Email viewed by Benjamin Luedtke (benjamin.luedtke@slcgov.com) 2023-12-13 - 5:41:56 PM GMT Document e-signed by Benjamin Luedtke (benjamin.luedtke@slcgov.com) Signature Date: 2023-12-13 - 5:42:47 PM GMT - Time Source: server Document emailed to Mary Beth Thompson (marybeth.thompson@slcgov.com) for signature 2023-12-13 - 5:42:49 PM GMT Email viewed by Mary Beth Thompson (marybeth.thompson@slcgov.com) 2023-12-13 - 6:32:10 PM GMT Document e-signed by Mary Beth Thompson (marybeth.thompson@slcgov.com) Signature Date: 2023-12-13 - 6:32:32 PM GMT - Time Source: server Document emailed to alejandro.puy@slcgov.com for signature 2023-12-13 - 6:32:34 PM GMT Email viewed by alejandro.puy@slcgov.com 2023-12-13 - 6:46:48 PM GMT Thais Stewart (thais.stewart@slcgov.com) added alternate signer Daniel Dugan (Daniel.Dugan@slcgov.com). The original signer alejandro.puy@slcgov.com can still sign. 2023-12-20 - 6:32:26 PM GMT Document emailed to Daniel Dugan (Daniel.Dugan@slcgov.com) for signature 2023-12-20 - 6:32:26 PM GMT Email viewed by Daniel Dugan (Daniel.Dugan@slcgov.com) 2023-12-20 - 8:08:04 PM GMT Document e-signed by Daniel Dugan (Daniel.Dugan@slcgov.com) Signature Date: 2023-12-20 - 8:08:16 PM GMT - Time Source: server Document emailed to Erin Mendenhall (erin.mendenhall@slcgov.com) for signature 2023-12-20 - 8:08:17 PM GMT Document e-signed by Erin Mendenhall (erin.mendenhall@slcgov.com) Signature Date: 2023-12-20 - 9:53:19 PM GMT - Time Source: server Document emailed to Cindy Trishman (cindy.trishman@slcgov.com) for signature 2023-12-20 - 9:53:20 PM GMT Document e-signed by Cindy Trishman (cindy.trishman@slcgov.com) Signature Date: 2023-12-21 - 3:41:52 PM GMT - Time Source: server Agreement completed. 2023-12-21 - 3:41:52 PM GMT