14 of 2024 - Property Disposition at Marmalade PlazaREDEVELOPMENT 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
4
13 August
14
Alejandro Puy
Alejandro Puy (Aug 14, 2024 16:24 MDT)
The Executive Director:
__ does not request reconsideration
__ requests reconsideration at the next regular Agency meeting
Erin Mendenhall, Executive Director
Attest:
City Recorder 2 5
Allison Parks (Aug 14, 2024 13:36 MDT)
Aug 14, 2024
ra # l o//o (Aug 1ф, 2024 12:фч MDT)
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in 4 Tris#(an (Aug 16, 2024 0ш:2ф MDT)
RDA Resolution 14 - Marmalade Plaza Property
Disposition to Salt Lake City Corporation
Final Audit Report 2024-08-16
Created:2024-08-14
By:STEPHANIE ELLIOTT (stephanie.elliott@slcgov.com)
Status:Signed
Transaction ID:CBJCHBCAABAAiFEOKRIprjAEbXCi9u74zhlETp7OeBeW
"RDA Resolution 14 - Marmalade Plaza Property Disposition to
Salt Lake City Corporation" History
Document created by STEPHANIE ELLIOTT (stephanie.elliott@slcgov.com)
2024-08-14 - 6:36:52 PM GMT
Document emailed to Allison Parks (allison.parks@slcgov.com) for signature
2024-08-14 - 6:51:29 PM GMT
Email viewed by Allison Parks (allison.parks@slcgov.com)
2024-08-14 - 7:36:35 PM GMT
Document e-signed by Allison Parks (allison.parks@slcgov.com)
Signature Date: 2024-08-14 - 7:36:44 PM GMT - Time Source: server
Document emailed to alejandro.puy@slcgov.com for signature
2024-08-14 - 7:36:46 PM GMT
Email viewed by alejandro.puy@slcgov.com
2024-08-14 - 10:23:55 PM GMT
Signer alejandro.puy@slcgov.com entered name at signing as Alejandro Puy
2024-08-14 - 10:24:26 PM GMT
Document e-signed by Alejandro Puy (alejandro.puy@slcgov.com)
Signature Date: 2024-08-14 - 10:24:28 PM GMT - Time Source: server
Document emailed to Erin Mendenhall (erin.mendenhall@slcgov.com) for signature
2024-08-14 - 10:24:30 PM GMT
Email viewed by Erin Mendenhall (erin.mendenhall@slcgov.com)
2024-08-14 - 10:35:32 PM GMT
Document signing delegated to rachel otto (Rachel.otto@slcgov.com) by Erin Mendenhall
(erin.mendenhall@slcgov.com)
2024-08-14 - 10:36:07 PM GMT
Document emailed to rachel otto (Rachel.otto@slcgov.com) for signature
2024-08-14 - 10:36:08 PM GMT
Email viewed by rachel otto (Rachel.otto@slcgov.com)
2024-08-15 - 6:58:29 PM GMT
Document e-signed by rachel otto (Rachel.otto@slcgov.com)
Signature Date: 2024-08-15 - 6:58:44 PM GMT - Time Source: server
Document emailed to Cindy Trishman (cindy.trishman@slcgov.com) for signature
2024-08-15 - 6:58:45 PM GMT
Document e-signed by Cindy Trishman (cindy.trishman@slcgov.com)
Signature Date: 2024-08-16 - 3:25:10 PM GMT - Time Source: server
Agreement completed.
2024-08-16 - 3:25:10 PM GMT