06 of 2024 - RDA Budget Amendment No. 3 for FY 2023-241
REDEVELOPMENT AGENCY OF SALT LAKE CITY
RESOLUTION NO__________
Third 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, 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 , 2024, to be effective upon adoption.
________________________________
, Chair
06
14 May
Alejandro Puy
Allison Parks, Salt Lake City Attorney's Office
Allison Parks (Jun 13, 2024 09:36 MDT)
Jun 13, 2024
2
The Executive Director:
____ does not request reconsideration
____ requests reconsideration at the next regular Agency meeting
_________________________________
Erin Mendenhall, Executive Director
Attest:
_________________________
City Recorder
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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: Reallocate Multiple Program Appropriations to
Fund Property Acquisition in the N Temple Project Area
Commercial Assist
Reserves
- (1,925,329.00)One-time -
1 RDA: Reallocate Multiple Program Appropriations to
Fund Property Acquisition in the N Temple Project Area
PIF Housing Prop
Acquisition
- (603,444.00)One-time -
1 RDA: Reallocate Multiple Program Appropriations to
Fund Property Acquisition in the N Temple Project Area
N. Temple Strategic
Intervention
- 2,528,773.00 One-time -
-
Total of Budget Amendment Items - 0.00 - -
Total by Fund, Budget Amendment #3:
Redevelopment Agency Commercial Assist
Reserves
- (1,925,329.00)
Redevelopment Agency PIF Housing Prop
Acquisition
- (603,444.00)
Redevelopment Agency N Temple Strategic
Intervention
- 2,528,773.00
Total of Budget Amendment Items - - - - -
Fiscal Year 2023-24 RDA Budget Amendment #3
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 #3
Board ApprovedAdministration Proposed
Current Year Budget Summary, provided for information only
FY 2023-24 Budget, Including Budget Amendments
Total Revenue RDA BA #1 Total RDA BA #2 Total RDA BA #3 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 RDA BA #2 Total RDA BA #3 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
2
Analyst
Benjamin Luedtke (Jun 12, 2024 17:19 MDT)
Resoludtion 06 of 2024 - RDA Budget
Amendment No 3 FY 2023-24
Final Audit Report 2024-06-18
Created:2024-06-07
By:STEPHANIE ELLIOTT (stephanie.elliott@slcgov.com)
Status:Signed
Transaction ID:CBJCHBCAABAA9tc1lfIx9Xtoj96VPYDZ6e-5k0yUPlPb
"Resoludtion 06 of 2024 - RDA Budget Amendment No 3 FY 202
3-24" History
Document created by STEPHANIE ELLIOTT (stephanie.elliott@slcgov.com)
2024-06-07 - 9:51:04 PM GMT
Document emailed to Benjamin Luedtke (benjamin.luedtke@slcgov.com) for signature
2024-06-10 - 9:39:44 PM GMT
Email viewed by Benjamin Luedtke (benjamin.luedtke@slcgov.com)
2024-06-12 - 10:43:59 PM GMT
Document e-signed by Benjamin Luedtke (benjamin.luedtke@slcgov.com)
Signature Date: 2024-06-12 - 11:19:39 PM GMT - Time Source: server
Document emailed to Mary Beth Thompson (marybeth.thompson@slcgov.com) for signature
2024-06-12 - 11:19:41 PM GMT
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2024-06-13 - 0:06:44 AM GMT
Document e-signed by Mary Beth Thompson (marybeth.thompson@slcgov.com)
Signature Date: 2024-06-13 - 0:07:02 AM GMT - Time Source: server
Document emailed to Allison Parks (allison.parks@slcgov.com) for signature
2024-06-13 - 0:07:03 AM GMT
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2024-06-13 - 3:35:34 PM GMT
Document e-signed by Allison Parks (allison.parks@slcgov.com)
Signature Date: 2024-06-13 - 3:36:08 PM GMT - Time Source: server
Document emailed to alejandro.puy@slcgov.com for signature
2024-06-13 - 3:36:10 PM GMT
Email viewed by alejandro.puy@slcgov.com
2024-06-13 - 5:48:54 PM GMT
Signer alejandro.puy@slcgov.com entered name at signing as Alejandro Puy
2024-06-13 - 5:49:39 PM GMT
Document e-signed by Alejandro Puy (alejandro.puy@slcgov.com)
Signature Date: 2024-06-13 - 5:49:41 PM GMT - Time Source: server
Document emailed to Erin Mendenhall (erin.mendenhall@slcgov.com) for signature
2024-06-13 - 5:49:43 PM GMT
Email viewed by Erin Mendenhall (erin.mendenhall@slcgov.com)
2024-06-13 - 7:34:17 PM GMT
Email viewed by Erin Mendenhall (erin.mendenhall@slcgov.com)
2024-06-17 - 3:19:04 AM GMT
Document e-signed by Erin Mendenhall (erin.mendenhall@slcgov.com)
Signature Date: 2024-06-18 - 1:46:23 AM GMT - Time Source: server
Document emailed to Cindy Trishman (cindy.trishman@slcgov.com) for signature
2024-06-18 - 1:46:24 AM GMT
Document e-signed by Cindy Trishman (cindy.trishman@slcgov.com)
Signature Date: 2024-06-18 - 10:46:58 PM GMT - Time Source: server
Agreement completed.
2024-06-18 - 10:46:58 PM GMT