Council Provided Information - 6/11/2024Salt Lake City Council
June 11, 2024
UTAH JAZZ 1REIMAGINING
DOWNTOWN
SLC
DELTA
CENTER
SPORTS ENTERTAINMENT CULTURE/CONVENTION
CONVENTION
CENTER
ABRAVANEL
HALL
UMOCA
SALT LAKE
BUDDHIST
TEMPLE
JAPANESE
CHURCH OF
CHRIST
JAPANTOWN STREET
GUIDING
PRINCIPLES
•Walkability
•Safety
•Sustainability
•Economic Development
•Suitable Parking
•Restoring Connectivity & Flow
•Cohesive Transportation Planning
•Community Partnership
•Arts, Cultural, & Community
Gathering Spaces
TEARING
DOWN WALLS,
NOT BUILDING
NEW ONES
Restoring connectivity and flow connecting the east and west sides
of downtown while ensuring no new walls are inadvertently built.
Nihon Matsuri / Japantown Handout
Front of Handout:
Revitalization of Japantown
What Does S.B. 272 Do?
• Allows the City to designate up to 100 acres as a “Capital City Revitalization Zone” after a
qualified applicant (Smith Entertainment Group - SEG) submits an application and the
Council and Revitalization Committee approves a participation agreement.
• The zone is required to be around a “currently existing qualified stadium.” (In this case,
the Delta Center).
• Allows the City to enact a 0.5% sales tax increase City-wide, with the requirement that all
funds generated by that tax be spent inside the zone for a period of 30 years.
• Allows a qualified applicant to use these funds within that area to reconstruct a stadium,
service debt on bonds for a stadium, infrastructure, and/or “associated uses including
entertainment and recreational uses…”
• Creates a “Capital City Revitalization Zone Committee” made up of state leaders that will
receive regular reports from the City and applicant on the plan, including how funds are
spent.
Note: SB 272 creates an entirely new process and City Attorneys are still working with
State Attorneys and the private sector to refine a shared understanding of the required
information and steps.
Questions? Reach out to City.Council.Liaisons@slcgov.com.
Sign up for email updates about Japantown at tinyURL.com/JapantownUpdates.
Back of Handout:
What is the City’s Role in this Process?
City Council: Consider adopting a participation agreement
• After a qualified applicant (SEG) submits an application to the City, the City’s
Administration negotiates a "participation agreement" based on that application.
• SB 272 has a deadline of September 1 for this step, although it may be
sooner.
City Council: Consider approving a sales tax increase
• As a part of the plan above, the participation agreement may identify the tool of
increased sales tax revenue to fund the proposed project.
• SB 272 has a deadline of December 31 for this step, although it may be
sooner, and may be tied to the adoption of the participation agreement. City
Attorneys are still working through this.
Planning Commission and City Council: Rezoning to facilitate development
Nihon Matsuri / Japantown Handout
• The City is required to process any zoning adjustments to accommodate the
development by September 1.
Questions? Reach out to City.Council.Liaisons@slcgov.com.
Sign up for email updates about Japantown at tinyURL.com/JapantownUpdates.