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Motion Sheet - 8/13/2024Item F1 CITY COUNCIL OF SALT LAKE CITY 451 SOUTH STATE STREET, ROOM 304 P.O. BOX 145476, SALT LAKE CITY, UTAH 84114-5476 SLCCOUNCIL.COM 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:August 13, 2024 RE: ORDINANCE: ECONOMIC DEVELOPMENT LOAN FUND LOAN POLICY KINGS BREWERY, LLC, AT 925 S. JEFFERSON STREET MOTION 1 – ADOPT ORDINANCE I move that the Council adopt the ordinance approving a $75,000 loan for Policy Kings Brewery from the Economic Development Loan Fund. The Council’s intent is to move the funds in the coming budget opening and request the Administration make efforts to process this expeditiously. MOTION 2 – NOT ADOPT I move that the Council not adopt the ordinance, and proceed to the next agenda item.