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03 of 2024 - RDA Budget Amendment No. 2 for FY 2023-241 REDEVELOPMENT AGENCY OF SALT LAKE CITY RESOLUTION NO__________ Second 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 , 202 , to be effective upon adoption. ________________________________ Chair Salt Lake City Attorney's Office Allison Parks 03 of 2024 16 April 4 Allison Parks (Apr 29, 2024 13:30 MDT) Apr 29, 2024 Al %anro P04 (Ma4 х, 2024 10:24 MDT) 2 The Executive Director: ____ does not request reconsideration ____ requests reconsideration at the next regular Agency meeting _________________________________ Erin Mendenhall, Executive Director Attest: _________________________ City Recorder Erin Mendenhall (May 6, 2024 14:57 MDT) n 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 Reallocation of Program-Level Appropriations into Two New Projects Depot District - (10,178,983.00) (10,178,983.00) One-time - 1 RDA Reallocation of Program-Level Appropriations into Two New Projects Depot District - 10,178,983.00 10,178,983.00 One-time - 1 RDA Reallocation of Program-Level Appropriations into Two New Projects Program Income Fund - (1,988,600.00) (1,988,600.00) One-time - 1 RDA Reallocation of Program-Level Appropriations into Two New Projects Program Income Fund - 1,988,600.00 1,988,600.00 One-time - - Total of Budget Amendment Items - - - - Total by Fund, Budget Amendment #1: Redevelopment Agency Depot District - - - - - Redevelopment Agency Program Income Fund - - Total of Budget Amendment Items - - - - - Fiscal Year 2023-24 RDA Budget Amendment #2 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 #2 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 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 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 Deputy Director, City Council/RDA Board Contingent Appropriation and Notes 2 ) % ( $ ) 0 / & — + - A B v A ? A C @ D w @ E ˜ RDA Resolution 03 of 2024 - Budget Amendment #2 FY 2023 -2024 Final Audit Report 2024-05-06 Created:2024-04-23 By:STEPHANIE ELLIOTT (stephanie.elliott@slcgov.com) Status:Signed Transaction ID:CBJCHBCAABAA67BcJrd_Pq-XxBdRajsaErT78FaYPH-k "RDA Resolution 03 of 2024 - Budget Amendment #2 FY 2023 - 2024" History Document created by STEPHANIE ELLIOTT (stephanie.elliott@slcgov.com) 2024-04-23 - 6:53:43 PM GMT Document emailed to Benjamin Luedtke (benjamin.luedtke@slcgov.com) for signature 2024-04-23 - 6:58:02 PM GMT Email viewed by Benjamin Luedtke (benjamin.luedtke@slcgov.com) 2024-04-23 - 9:16:16 PM GMT Document e-signed by Benjamin Luedtke (benjamin.luedtke@slcgov.com) Signature Date: 2024-04-23 - 9:16:54 PM GMT - Time Source: server Document emailed to Mary Beth Thompson (marybeth.thompson@slcgov.com) for signature 2024-04-23 - 9:16:56 PM GMT Email viewed by Mary Beth Thompson (marybeth.thompson@slcgov.com) 2024-04-29 - 7:08:34 PM GMT Document e-signed by Mary Beth Thompson (marybeth.thompson@slcgov.com) Signature Date: 2024-04-29 - 7:08:47 PM GMT - Time Source: server Document emailed to Allison Parks (allison.parks@slcgov.com) for signature 2024-04-29 - 7:08:48 PM GMT Email viewed by Allison Parks (allison.parks@slcgov.com) 2024-04-29 - 7:30:36 PM GMT Document e-signed by Allison Parks (allison.parks@slcgov.com) Signature Date: 2024-04-29 - 7:30:53 PM GMT - Time Source: server Document emailed to alejandro.puy@slcgov.com for signature 2024-04-29 - 7:30:55 PM GMT Email viewed by alejandro.puy@slcgov.com 2024-04-30 - 4:39:36 AM GMT Email viewed by alejandro.puy@slcgov.com 2024-05-06 - 4:23:40 PM GMT Signer alejandro.puy@slcgov.com entered name at signing as Alejandro Puy 2024-05-06 - 4:24:11 PM GMT Document e-signed by Alejandro Puy (alejandro.puy@slcgov.com) Signature Date: 2024-05-06 - 4:24:13 PM GMT - Time Source: server Document emailed to Erin Mendenhall (erin.mendenhall@slcgov.com) for signature 2024-05-06 - 4:24:15 PM GMT Email viewed by Erin Mendenhall (erin.mendenhall@slcgov.com) 2024-05-06 - 8:53:19 PM GMT Document e-signed by Erin Mendenhall (erin.mendenhall@slcgov.com) Signature Date: 2024-05-06 - 8:57:58 PM GMT - Time Source: server Document emailed to Cindy Trishman (cindy.trishman@slcgov.com) for signature 2024-05-06 - 8:58:00 PM GMT Document e-signed by Cindy Trishman (cindy.trishman@slcgov.com) Signature Date: 2024-05-06 - 9:46:42 PM GMT - Time Source: server Agreement completed. 2024-05-06 - 9:46:42 PM GMT