Motion Sheet - 4/2/2024Item F1
CITY COUNCIL OF SALT LAKE CITY
451 SOUTH STATE STREET, ROOM 304
P.O. BOX 145476, SALT LAKE CITY, UTAH 84114-5476
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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 2, 2024
RE: ORDINANCE: ECONOMIC DEVELOPMENT LOAN FUND LOAN TO PAREA, LLC, AT
320 EAST 900 SOUTH
MOTION 1 – ADOPT ORDINANCE
I move that the Council adopt the ordinance approving a $350,000 loan for Parea, LLC,
from the Economic Development Loan Fund.
MOTION 2 – NOT ADOPT
I move that the Council not adopt the ordinance, and proceed to the next agenda item.