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07 of 2024 - Use of State Street Funds for Ballpark Site1 REDEVELOPMENT AGENCY OF SALT LAKE CITY RESOLUTION NO Determination that the Use of Project Area Funds on the Ballpark Properties will Benefit the State Street Project Area RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY DETERMINING THAT THE USE OF PROJECT AREA FUNDS ON THE BALLPARK PROPERTIES WILL BENEFIT THE STATE STREET PROJECT AREA. WHEREAS, the Redevelopment Agency Board of Directors (Board) adopted the State Street Community Reinvestment Area (Project Area) pursuant to Resolution 25 of 2018 to facilitate community reinvestment activities as described in the plan. WHEREAS, the Project Area generally runs along State Street from downtown to 2100 South and includes blocks east and west of State Street. The Project Area exempts the ballpark and some immediately adjacent parcels from the Project Area; however, these parcels are wholly surrounded by the Project Area. A depiction of the Project Area and exempted ballpark properties is attached as Exhibit A. The exempted parcels are collectively referred to in this resolution as “Ballpark.” WHEREAS, Utah Code 17C permits the Redevelopment Agency (RDA) to participate in project area development outside of a project area if the Board determines that such development will be a benefit to the project area. WHEREAS, the RDA desires to participate in project area development at the Ballpark, which is outside of the Project Area, and as such, requires a determination that the project area development will be a benefit to the Project Area. NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Redevelopment Agency of Salt Lake City that project area development at the Ballpark, which is outside of the Project Area but wholly surrounded by the Project Area, will benefit the Project Area. Passed by the Board of Directors of the Redevelopment Agency of Salt Lake City, Utah, this day of , 2024, to be effective upon adoption. , Chair 07 14 May Alejandro Puy 2 Approved as to form: Salt Lake City Attorney’s Office Allison Parks The Executive Director: does not request reconsideration requests reconsideration at the next regular Agency meeting Erin Mendenhall, Executive Director Attest: City Recorder Allison Parks (May 22, 2024 09:36 MDT) rin M n n#all ( 0l рр, 2024 рч:24 MDT) n iny Tris#(an ( 0l рф, 2024 09:0ч MDT) 3 EXHIBIT A TO RESOLUTION [Depiction of Project Area and Ballpark] STATE STREET PROJECT AREA Legend State Street Project Area 1,000 500 0 1,000 Feet ± Resolution 07 of 2024 - Authorizing Use of State Street Community Reinvestment Area Funds Outside of the Area Boundaries for Ballpark Properties Final Audit Report 2024-07-15 Created:2024-05-22 By:STEPHANIE ELLIOTT (stephanie.elliott@slcgov.com) Status:Signed Transaction ID:CBJCHBCAABAAFZVPg_BRQse7i12O-KYrXluobpyfmWLi "Resolution 07 of 2024 - Authorizing Use of State Street Commu nity Reinvestment Area Funds Outside of the Area Boundaries f or Ballpark Properties" History Document created by STEPHANIE ELLIOTT (stephanie.elliott@slcgov.com) 2024-05-22 - 2:50:07 AM GMT Document emailed to Allison Parks (allison.parks@slcgov.com) for signature 2024-05-22 - 4:58:48 AM GMT Email viewed by Allison Parks (allison.parks@slcgov.com) 2024-05-22 - 3:36:06 PM GMT Document e-signed by Allison Parks (allison.parks@slcgov.com) Signature Date: 2024-05-22 - 3:36:21 PM GMT - Time Source: server Document emailed to alejandro.puy@slcgov.com for signature 2024-05-22 - 3:36:30 PM GMT Email viewed by alejandro.puy@slcgov.com 2024-05-22 - 8:22:13 PM GMT Email viewed by alejandro.puy@slcgov.com 2024-06-07 - 3:10:07 PM GMT Email viewed by alejandro.puy@slcgov.com 2024-06-11 - 4:06:15 AM GMT Email viewed by alejandro.puy@slcgov.com 2024-06-18 - 7:36:12 PM GMT Email viewed by alejandro.puy@slcgov.com 2024-06-20 - 4:48:33 PM GMT STEPHANIE ELLIOTT (stephanie.elliott@slcgov.com) added alternate signer Darin Mano (darin.mano@slcgov.com). The original signer alejandro.puy@slcgov.com can still sign. 2024-06-26 - 6:28:08 PM GMT Document emailed to Darin Mano (darin.mano@slcgov.com) for signature 2024-06-26 - 6:28:09 PM GMT Email viewed by Darin Mano (darin.mano@slcgov.com) 2024-06-27 - 4:19:45 AM GMT Signer alejandro.puy@slcgov.com entered name at signing as Alejandro Puy 2024-07-10 - 9:20:29 PM GMT Document e-signed by Alejandro Puy (alejandro.puy@slcgov.com) Signature Date: 2024-07-10 - 9:20:31 PM GMT - Time Source: server Document emailed to Erin Mendenhall (erin.mendenhall@slcgov.com) for signature 2024-07-10 - 9:20:44 PM GMT Email viewed by Erin Mendenhall (erin.mendenhall@slcgov.com) 2024-07-11 - 4:57:22 AM GMT Document e-signed by Erin Mendenhall (erin.mendenhall@slcgov.com) Signature Date: 2024-07-12 - 0:24:03 AM GMT - Time Source: server Document emailed to Cindy Trishman (cindy.trishman@slcgov.com) for signature 2024-07-12 - 0:24:16 AM GMT Document e-signed by Cindy Trishman (cindy.trishman@slcgov.com) Signature Date: 2024-07-15 - 3:08:08 PM GMT - Time Source: server Agreement completed. 2024-07-15 - 3:08:08 PM GMT