Proposed Resolution - 8/9/2024REDEVELOPMENT AGENCY OF SALT LAKE CITY
RESOLUTION NO__________
Marmalade Plaza Disposition to Salt Lake City Corporation
RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY
OF SALT LAKE CITY APPROVING THE TERMS OF THE DISPOSITION TO SALT LAKE
CITY CORPORATION OF THE MARMALADE PLAZA LOCATED AT 524 NORTH 300
WEST.
WHEREAS, in 2021, the Redevelopment Agency of Salt Lake City’s Board of Directors
(Board) adopted an amended Property Disposition Policy, R-6-2021, requiring that any sales
price of RDA-owned property discounted more than 10% of fair market value be subject to
approval by a majority vote of the Board.
WHEREAS, the Redevelopment Agency (RDA) owns certain real property at 524 North
300 West (Property), which is the final parcel of the RDA’s larger Marmalade Block
development initiated by the RDA roughly a decade ago.
WHEREAS, the RDA has designed, constructed, and improved the Property into
beautiful open public space that includes a water feature, seating, a common plaza space, fruit-
themed public art, and trees.
WHEREAS, the RDA desires to transfer this improved Property to Salt Lake City
Corporation (City) for the City to administer and maintain for the long term.
WHEREAS, the RDA has agreed to fully reduce the sales price of the Property in
exchange for the City maintaining the Property as open public space.
NOW, THEREFORE, BE IT RESOLVED by a majority of the Board of Directors of
the Redevelopment Agency of Salt Lake City that the Board hereby authorizes the disposition of
the Property to the City for $00.00.
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
ATTACHMENT A: PROPOSED RESOLUTION
4
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
5