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Home My WebLink AboutTransmittal - 9/24/2024SALT LAKE CITY TRANSMITTAL To: Salt Lake City Council Chair Start Date: 09/19/2024 Date Sent to Council: 09/24/2024 From: Employee Name: Stine, Robyn E-mail robyn.stine@slc.gov Department Redevelopment Agency Department Director Signature Chief Administrator Officer's Signature* Director Signed Date 09/19/2024 Chief Administrator Officer's Signed Date 09/24/2024 Subject: North Temple Urban Renewal Project Area Boundary Amendment Additional Staff Contact: Wayne Mills - wayne.mills@slc.gov Presenters/Staff Table Wayne Mills - wayne.mills@slc.gov Document Type* Ordinance Budget Impact* Yes No Budget Impact: Recommendation:* Adopt an ordinance amending the boundaries of the North TempleUrban Renewal Project Area Background/Discussion (?) North Temple Urban Renewal Project Area Boundary Adjustment: During the 2024 General Session of the Utah State Legislature, the State created the Utah Fairpark Area Investment and Restoration District. A portion of the district overlaps with the North Temple Urban Renewal Project Area and the legislation requires the City to remove the overlapping properties from the North Temple Project Area by the end of this year. Amending the project area boundary requires a resolution adopted by the RDA Board of Directors and an ordinance adopted by the City Council. Will the City Council need to hold a public hearing for this item?* Yes No Public Process Chief Administrator Officer's Comments SALT LAKE CITY CORPORATION 451 SOUTH STATE STREET, ROOM 118 WWW.SLC.GOV · WWW.SLCRDA.COM P.O. BOX 145518, SALT LAKE CITY, UTAH 84114-5518 TEL 801-535-7240 · FAX 801-535-7245 MAYOR ERIN MENDENHALL Executive Director DANNY WALZ Director REDEVELOPMENT AGENCY of SALT LAKE CITY CITY COUNCIL TRANSMITTAL TO: Salt Lake City Council Victoria Petro, Chair DATE: September 20, 2024 PREPARED BY: Wayne Mills, RDA Senior Project Manager RE: North Temple Urban Renewal Project Area Boundary Amendment REQUESTED ACTION: Adopt an ordinance amending the boundaries of the North Temple Urban Renewal Project Area BUDGET IMPACTS: Will require future amendment of the North Temple Urban Renewal Project Area budget EXECUTIVE SUMMARY: During the 2024 General Session of the Utah State Legislature, the State passed Utah Code Title 11, Chapter 70, creating the Utah Fairpark Area Investment and Restoration District (Fairpark District) (see Attachment B for a map of the district). The intent of the legislation is to focus resources, on behalf of the State, for the development of a new major league sports team stadium. A portion of the State’s Fairpark District overlaps with the boundaries of Salt Lake City’s North Temple Urban Renewal Project Area (North Temple Project Area), as established in the North Temple Urban Renewal Project Area Plan (Project Area Plan). The legislation requires Salt Lake City to modify the boundary to remove the overlapping properties from the North Temple Project Area no later than December 31, 2024. Adopting the attached ordinance will amend the Project Area Plan by removing the Fairpark District properties from the North Temple Project Area, thereby meeting the requirements of State law. Separately, RDA staff is coordinating with the Utah State Tax Commission and Salt Lake County Assessor’s office to revise the 2012 base taxable value of the North Temple Project Area, which will be used to develop an amended budget. The amended budget will be brought to the RDA Board of Directors (Board) for review and adoption at a later date. ANALYSIS & ISSUES: North Temple Project Area In 2011, the North Temple Project Area was created to improve conditions and spur development along and near the North Temple corridor. A map showing the existing North Temple Project Area boundary, and a copy of the Project Area Plan, is included in Attachment C. There are approximately 414 parcels within the Project Area with the following ownership breakdown: Ownership No. of Parcels Share of Total Parcels Private 321 77.5% State of Utah 8 2.0% Salt Lake County 1 - Salt Lake City 47 11.3% SLC RDA 4 1.0% Power Companies* 16 3.9% Gas Companies** 3 1.0% Telephone Companies*** 3 1.0% Railroads**** 7 1.7% Non-profits***** 4 1.0% * Utah Power & Light, Rocky Mountain Power, Pacificorp ** Questar Gas Company, Utah Gas & Coke *** Mountain States Telephone, US Sprint Communications **** Salt Lake Garfield & Western, Union Pacific, Western Pacific ***** LDS Church, Housing Corporation of Salt Lake County The Project Area Plan provides the following general standards to guide redevelopment of the Project Area: • Encourage transit-oriented development. • Participate in creating a walkable community. • Create extension of City Creek Corridor. • Preserve existing residential neighborhoods and encourage positive connections. • Redevelop the State Fairpark. • Assist in improving environmental conditions along North Temple Boulevard. • Create and renovate open spaces for the community. • Promote sustainable practices. • Design for excellence and cost effectiveness. • Create safe, vibrant, and useful public spaces. • Promote population growth and stability. These general standards will remain in effect after the properties are removed except for the reference to the Utah State Fairpark. The Fairpark is one of the properties required to be removed; therefore, RDA resources will no longer be available for redevelopment of the site. The resolution amending the boundary effectively removes from the Project Area Plan any other references to property being removed from the Project Area. Boundary Adjustment State legislation requires the removal of 27 overlapping properties from the North Temple Project Area. There are four privately owned properties being removed; however, most of the properties are owned and occupied by public entities and are currently tax exempt. Attachment D shows the ownership of the properties being removed and the following provides the number of properties being removed, by ownership: • State of Utah = 6 • Power Companies = 15 • Railroads = 2 • Private = 4 Although the number of properties being removed is small in relation to the total number of parcels in the project area (414), the area of land being removed is relatively large. The total size of the North Temple Project Area is approximately 400 acres and the area being removed is approximately 197 acres, which equates to an approximate size reduction of 48%. State Requirements for Project Area Plan Amendments Section 17C-2 of Utah State Code provides the process for creating and amending an Urban Renewal Project Area. When creating a new project area or amending an existing project area to add more property, State law requires a lengthy notification process, public hearings, approval by the taxing entity committee, adoption of a resolution by the RDA Board, and adoption of an ordinance by the City Council. If the amendment to an existing project area removes property, Section 17C-2-110(4) (a)(ii)(C) of State Code provides a simpler process. The code states that, if the agency makes the determination that the properties are “no longer necessary or desirable to the project area,” notification, public hearings, and taxing entity committee approval are not required. In this case, State legislation requires the City to remove the properties; therefore, RDA staff finds that the properties removed are no longer necessary or desirable to the project area. The Board must adopt a resolution, and the City Council must adopt an ordinance to effectuate the project area amendment. Next Steps After the Board adopts the resolution and the City Council adopts the ordinance amending the boundary of the North Temple Project Area, RDA Staff will provide the post-adoption noticing required by State Law. RDA staff will continue to work with the State Tax Commission and Salt Lake County Assessor’s office to develop a new base taxable value, which will be the first step in preparing an amendment to the project area budget. Once completed, the amended budget will be presented to the Board for adoption. ATTACHMENTS: Attachment A: Ordinance Attachment B: Map of the Utah Fairpark Area Investment and Restoration District Attachment C: Map of the North Temple Project Area Boundary and the North Temple Project Area Plan Attachment D: Map of properties being removed from the North Temple Project Area, by ownership ATTACHMENT A: Ordinance SALT LAKE CITY ORDINANCE NO. ________ OF 2024 (Amending the Boundaries of the Redevelopment Agency of Salt Lake City’s North Temple Project Area) WHEREAS, on September 27, 2011, the Redevelopment Agency of Salt Lake City Board of Directors and Salt Lake City Council adopted the North Temple Urban Renewal Project Area Plan, which included the description of the boundaries of the project area. A copy of the adopted boundaries is attached here as Exhibit A (Original Boundary). WHEREAS, during the 2024 General Session of the Utah State Legislature, the state passed the Utah Fairpark Area Investment and Restoration District, Utah Code 11-70-101, et seq., which requires the Redevelopment Agency of Salt Lake City (RDA) to modify the Original Boundary to account for the boundaries of the state’s newly created fairpark district, more particularly defined at 11-70-101(12). WHEREAS, the Utah Fairpark Area Investment and Restoration District law requires that, by December 31, 2024, the RDA modify the Original Boundary such that it does not overlap with the state’s newly created fairpark district boundaries. WHEREAS, this statutory requirement mandates that certain parcels be removed from the Original Boundary and the boundary of the North Temple Urban Renewal Project Area be amended. A map of the amended boundary, a list of the properties being removed from the Original Boundary, and a list of the properties within the amended boundary are attached here as Exhibit B (Amended Boundary). WHEREAS, the City Council finds that, due to the state’s adoption of the Utah Fairpark Area Investment and Restoration District which requires the removal of the property from the Original Boundary, the property is no longer necessary or desirable to the project area. WHEREAS, no other amendments to the North Temple Urban Renewal Project Area Plan are being made at this time. THEREFORE, BE IT RESOLVED, by the City Council of Salt Lake City, Utah: It does hereby amend the North Temple Urban Renewal Project Area Plan boundary to remove the parcels listed in Exhibit B from the project area. Such amended boundary shall be incorporated into the North Temple Urban Renewal Project Area Plan as the boundary of the project area. Consequently, any references or redevelopment proposals related to parcels removed as part of this amendment are hereby removed from North Temple Urban Renewal Project Area Plan. This ordinance shall take effect upon adoption Passed by the City Council of Salt Lake City, Utah this day of , 2024. SALT LAKE CITY COUNCIL Chairperson Attest: Salt Lake City Recorder Approved as to form: Salt Lake City Attorney’s Office 3 EXHIBIT A TO ORDINANCE [Original Boundary] North Temple Urban Renewal Project Area (Original Boundary) EXHIBIT A NORTH TEMPLE URBAN RENEWAL PROJECT AREA BOUNDARIES (original boundary) Beginning at a point that is N74°03‟53”W 114.40 feet from the North Quarter Corner of Section 3, Township 1 South, Range 1 West, Salt Lake Base and Meridian to a point on the west line of Redwood Road; thence along the west line of Redwood Road the following eight courses, N00°58‟43”W 159.08 feet; thence N03°33‟49”E 75.76 feet; thence N00°57‟51”W 93.09 feet; thence N00°59‟20”W 312.30 feet; thence N01°59‟12”E 164.71feet; thence N00°04‟15”E 610.39 feet; thence N00°39‟31”W 582.15 feet; thence N01°23‟18”W 222.51feet; thence N73°57‟17”E 109.56 feet to a point on the east line of Redwood Road; thence along the south line of parcel tax number 08-34-401-017 the following five courses S45°39‟15”E 523.83 feet; thence along a tangent curve to the left, length 593.94 feet, radius 2831.90 feet, chord bearing S51°39‟45”E chord 592.85 feet, central angle 12°01‟00”; thence S57°40‟15”E 288.58 feet; thence S89°59‟15”E 39.51feet; thence S00°00‟10”E 31.55 feet to a point on the north line of Sumner Avenue; thence along said line N89°59‟18”E 267.03 feet to a point on the east line of Cornell Street; thence along said line N00°02‟04”W 137.50 feet to a point on the center line of a vacated alley of Block Four, Agricultural Park Plat „B‟; thence along said center line N89°58‟37”E 320.10 feet to a point on the east line of 1460 West Street; thence along the east line of said street N00°00‟12”W 333.89 feet to the northwest corner of parcel tax number 08-34-428-012 a part of block 10, Jordan Plat „A‟ thence along the north line of said parcel N89°58‟37”E 188.75 feet to the west line of parcel tax number 08-34-428-011; thence along the west line of said parcel N00°00‟39”E 501.00 feet to the southwest corner of Salt Lake City Corporation Open Space Parcel tax number 08-34-428-003; thence along the south line of said parcel S61°29‟54”E 303.99 feet; thence S76°01‟08”E 80.54 feet to the southeast corner of said parcel; thence along the east line of said parcel N00°03‟44”W 17.58 feet to the southwest corner of Salt Lake City Corporation Jordan River Trail Parcel tax number 08-35-301-011; thence along the south line of said parcel S76°01‟07”E 166.83 feet; thence along a tangent curve to the right, length 162.00 feet, radius 355.00 feet, chord bearing S62°56‟44”E chord 160.60 feet, central angle 26°08‟46”; thence S49°52‟21”E 541.68 feet; thence S50°22‟18”E 377.82 feet to the point on the south line of said parcel; thence along the south line of said parcel N89°58‟21”E 55.67 feet to the southeast corner of said parcel; thence along the east line of said parcel N00°16‟08”E 147.34 feet to a point on the east line of Salt Lake County Parcel tax number 08-35-301-009 ; thence along the east line of said parcel the following three courses; N49°52‟43W 107.02 feet; thence N40°07‟17”E 140.02 feet; thence N48°37‟17”E 180.03 feet; thence along a tangent curve to the left, length 359.85 feet, radius 375.06, chord bearing N21°08‟08”E, chord 346.21 feet and central angle 54°58‟19” to a point on the south line of 300 North Street; thence N00°00‟54”W 128.54 to a point on the north line of 300 West; thence N89°56‟58”E 1441.28 feet along the north line of 300 West to a point on the east line of Marion Street; thence S00°02‟50”W 328.92 feet along the west line of Salt Lake City Parcel tax number 08- 35-329-002 to a point on the southwest corner of said parcel; thence S89°59‟44”E 431.34 feet along the south line of said property to the east line of 1000 West Street; thence S00°19‟51”W 456.89 feet along the east line of 1000 West to a point on the north line of 200 North; thence S89°44‟35”E 2337.36 feet to a point on the west N/A line of the I-15 Freeway; thence along the West N/A line of the I-15 Freeway the following thirteen courses S03°54‟09”W 291.85 feet; thence S04°08‟35” W 496.98 feet; thence S27°33‟29”W 149.12 feet; thence S19°05‟16”W 663.46 feet; thence S39°25‟52”E 43.68 feet; thence S23°36‟12”W 144.46 feet; thence S00°00‟41”E 155.23 feet; thence S17°23‟42”W 132.76 feet; thence S59°23‟59”W 94.76 feet; thence S15°57‟30”W 171.49 feet; thence S89°58‟22‟W 45.99 feet; thence S00°00‟41”E 165.08 feet; thence S14°52‟25”W 136.57 feet to the south line of First South Street; thence along the south line of 100 South Street S89°58‟34‟W 2638.96 feet to a point on the west line of vacated 1100 West Street; thence N00°01‟12”W 566.21 feet along the vacated line of 1100 West Street to a point on the north right of way fence of Union Pacific Rail Road as located in a Utah Power & Light Co. Boundary Survey number S93- 08-0458 Salt Lake County Surveyors Office; thence along the said Union Pacific Rail Road Boundary fence the following four courses S75°35‟30”W 272.37 feet; thence S76°13‟42”W 34.26 feet; thence S79°01‟10”W 302.28 feet; S82°08‟56”W 322.68 feet to a point on the east bank of the Jordan River; thence N88°31‟15”W 119.31 feet to a point on the west bank of the Jordan River corridor as depicted on Salt Lake City Atlas Plat 31; thence along the west bank of the Jordan River corridor the following six courses, a non-tangent curve to the right, length 150.77 feet, radius 1184.96 feet, chord bearing N05°07‟27”E chord 150.67 feet, central angle 07°17‟24”; thence S81°13‟52”E 5.00 feet; thence N08°46‟09”E 140.50 feet; thence along a tangent curve to the right, length 204.78 feet, radius 2259.97 feet, chord bearing N11°21‟54”E chord 204.71 feet, central angle 05°11‟30”; thence N13°57‟39”E 266.97 feet; thence along a non-tangent curve to the left, length 116.59 feet, radius 349.38 feet, chord bearing N04°34‟30”E chord 116.05 feet, central angle 19°07‟12” to a point on the north line of parcel tax number 08-35-353-006; thence S89°56‟25”W 406.97 feet along the north line of said parcel; thence S00°03‟34”E 396.78 feet along the west line of said parcel to a point on the south line of vacated South Temple Street; thence S89°58‟07”W 2167.88 feet along the south line of vacated South Temple Street to a point on the northeast corner of parcel tax number 15-03-201-001; thence S00°05‟15”W 520.00 feet to the southeast corner of said parcel; thence S89°58‟07”W 1001.68 feet along the south line of said parcel to a point on the east line of Redwood Road; thence S45°33‟23”W 264.74 feet to a point on the west line of Redwood Road; thence along the west line of Redwood Road the following four courses N02°30‟30”E 728.79 feet; thence N30°41‟11”W 31.45 feet; thence N00°58‟43”W 38.37 feet; thence N44°01‟17”E 13.54 feet to the point of beginning. Contains ± 18,272,466.48 sq. ft. or 419.478 acres, or approximately 319 acres of publicly and privately owned property, excluding public streets. 4 EXHIBIT B TO ORDINANCE [Amended Boundary] North Temple Urban Renewal Project Area (Amended Boundary) Parcels Removed from Original Boundary PARCEL_SID PARCEL_ADDR CITY STATE ZIPCODE OWN_FULL_NAME PARCEL_ACRESLEGAL_DESC08-34-401-024-0000 1588 W NORTH TEMPLE ST Salt Lake City UT 84116 DIV OF FACILITIES CONSTR & MANAGEMENT 14.5 1005,BEG N 803.52 FT & E 287.35 FT FR S 1/4 COR SEC 34, T 1N, R,1W, SLM; N 165 FT; W 141 FT; N 163.85 FT; W 140.21 FT; N,2^09'23 W 110.48 FT; E 514.47 FT; N 77.22 FT; E 16.5 FT; N,369 FT; W 530.64 FT; N 17.8 FT; W 5.98 FT; N'LY ALG CURVE TO,L 324.31 FT; N08-34-453-004-0000 1625 W NORTH TEMPLE ST Salt Lake City UT 84116 L.L.C. NORTH TEMPLE HOLDINGS 0.57 1008,BEG 499.25 FT E & 660 FT N FR THE SW COR OF SE 1/4 OF SEC 34,T 1N, R 1W, S L M; W 100 FT; S 250 FT; E 100 FT; N 250 FT TO,BEG. 0.57 AC M OR L. 4845-0100 5359- 0685 6142-0516 8507-4319,8983-2917 9961-6140 10281-8061 10689-7017 10963-6247 08-34-453-005-0000 1605 W NORTH TEMPLE ST Salt Lake City UT 84116 UTAH POWER & LIGHT CO 2.876 0,BEG 499.25 FT E & 33.5 FT N FR SW COR OF SE 1/4 SEC 34, T,1N, R 1W, S L M; E 200 FT; N 626.5 FT; W 200 FT; S 626.5 FT,TO BEG. 2.876 AC 08-34-453-006-0000 1569 W NORTH TEMPLE ST Salt Lake City UT 84116 UTAH POWER & LIGHT CO 2.88 0,COM 699.25 FT E & 33.5 FT N FR S 1/4 COR SEC 34 T 1N R 1W SL,MER E 200 FT N 626.5 FT W 200 FT S 626.5 FT TO BEG 2.88 AC 08-34-453-009-0000 4 N REDWOOD RD Salt Lake City UT 84116 UTAH POWER & LIGHT COMPANY 0.69 328,THE S 33.5 FT OF THE W 899.25 FT OF THE SW 1/4 OF SE 1/4 OF,SEC 34, T 1N, R 1W, SLM. 0.69 AC M OR L. 3037-0854 08-34-453-011-0000 1659 W NORTH TEMPLE ST Salt Lake City UT 84116 GEORGIA ELAINE CARLSON; GEC RV LV TRST 5.97 SEC 34 TWNSHP 1N RNG 1W 1Q 0904,BEG 33.50 FT N FR S 1/4 COR SEC 34, T1N, R1W, SLM; N 476.50,FT; N 89?56'26 E 186.39 FT M OR L; N 0?03'08" W 150 FT M OR,L; E 213 FT M OR L; S 250 FT; E 100 FT; S 376.50 FT; W,499.25 FT TO BEG. 5.97 AC M OR L. 4845- 0099,5359 08-34-453-014-0000 Salt Lake City UT 84116 LHM DEV B, LLC 0.63 08-34-477-004-0000 1407 W NORTH TEMPLE ST Salt Lake City UT 84116 UTAH POWER & LIGHT COMPANY 14.64 0,COM AT SE COR SEC 34 T 1N R 1W SL MER W 36 RDS N 40 RDS TO S,LINE OF NORTH TEMPLE ST E 632.9 FT S 250 FT E 536 FT S 410,FT W 574.9 FT TO BEG 14.64 AC 08-34-477-008-0000 1465 W NORTH TEMPLE ST Salt Lake City UT 84116 ROCKY MOUNTAIN POWER 17.3 SEC 34 TWNSHP 1N RNG 1W Q 1002,BEG S 89^57'52 W 594.00 FT FR SE COR OF SEC 34, T1N, R1W,,SLM; S 89^57'52" W 1148.40 FT; N 0^02'08" W 660 FT; N,89^57'52" E 219.78 FT; S 87^24'31" E 132.35 FT; N 89^47'32",E 359.56 FT; S 35^51'50" E 11.78 FT; N 89^59'22" E 7 08-35-351-008-0000 1220 W NORTH TEMPLE ST Salt Lake City UT 84116 DEPT ADM SERV STATE OF UTAH 2.06 917,BEG SE COR LOT 1, BLK 1, JORDAN PLAT A; S 89^58'38 W 111.76,FT; N 0^00'55" W 679 FT M OR L TO W BANK OF JORDAN RIVER;,S'LY ALG RIVER 770 FT M OR L TO N LINE OF NORTH TEMPLE T; S,89^58'38" W 153.24 FT TO BEG. 2.06 AC M OR L. 5915- 1251" 08-35-353-001-0000 1355 W NORTH TEMPLE ST Salt Lake City UT 84116 UTAH POWER & LIGHT CO 0.57 126,COM 38.9 FT E & 535 FT N FR SW COR SEC 35 T 1N R 1W SL MER N,125 FT E 200 FT S 125 FT W 200 FT TO BEG 0.57 AC 08-35-353-002-0000 1275 W NORTH TEMPLE ST Salt Lake City UT 84116 UTAH POWER & LIGHT CO 1.44 223,COM N 89^56'26 E 434.9 FT & N 0^00'55" W 410 FT & S,89^56'26" W 30.22 FT FR SW COR SEC 35 T 1N R 1W SL MER S,89^56'26" W 365.78 FT N 0^00'55" W 125 FT N 89^56'26" E 200,FT N 0^00'55" W 125 FT N 89^56'26" E 102 FT S 0^00'55" E,79.1 FT N 89^56'26" E 63. 08-35-353-003-0000 1255 W NORTH TEMPLE ST Salt Lake City UT 84116 UTAH STATE BUILDING OWNERSHIP AUTHORITY 1.06 815,COM N 89^56'26 E 434.9 FT & N 0^00'55" W 410 FT FR SW COR,SEC 35 T 1N R 1W SL MER S 89^56'26" W 30.22 FT N 0^00'55" W,170.9 FT S 89^56'26" W 63.78 FT N 0^00'55" W 79.1 FT N,89^56'26" E 234 FT S 0^00'55" E 250 FT S 89^56'26" W 140 FT,TO BEG 1.06 AC 664 08-35-353-004-0000 1221 W NORTH TEMPLE ST Salt Lake City UT 84116 PACIFICORP 0.24 423,COM 40 RDS N & 574.9 FT E FR SW COR SEC 35 T 1N R 1W SL MER,E 125 FT S 82 FT W 125 FT N 82 FT TO BEG 0.24 AC. 08-35-353-005-0000 1219 W NORTH TEMPLE ST Salt Lake City UT 84116 PACIFICORP 1.63 808,COM 40 RDS N & 50.6 RDS E FR SW COR SEC 35 T 1N R 1W SL MER,W 135 FT S 82 FT W 125 FT S 248 FT E TO W BANK OF JORDAN,RIVER N'LY ALG SD RIVER TO BEG LESS TRACT DEEDED TO SLCO,1.63 AC 5429-0002 08-35-376-013-0000 1085 W NORTH TEMPLE ST Salt Lake City UT 84116 DIVISION OF FACILITIES CONSTRUCTION & MGMT 6.04 329,LOTS 1 THRU 52, NORTH TEMPLE ST SUB. OF N 1/2 BLK 55, PLAT,C, TOGETHER WITH 1/2 VACATED STREET ABUTTING ON E. TOGETHER,WITH VACATED ALLEY & ALL VACATED STREET ABUTTING ON S. LESS,AND EXCEPTING, BEG NW COR LOT 27, NORTH TEMPLE STREET SUB; N,89?58'38 E 08-35-376-015-0000 1201 W NORTH TEMPLE ST Salt Lake City UT 84116 DIVISION OF FACILITIES CONSTRUCTION & MGMT.4.55 427,BEG N 89?58'36 E 22.71 FT FR SW COR LOT 2, BLK 55, PLAT C,,SLC SUR; N 0?00'55" W 34.32 FT; S 89?58'36" W 130 FT; N,0?00'55" W 100 FT; N 89?58'36" E 130 FT; N 0?00'55" W 155.68,FT; S 89?58'36" W 352 FT; N 0?00'55" W 370 FT; S 89?58'36" W,215 FT M OR L 15-02-102-001-0000 Salt Lake City UT 8410415-02-102-002-0000 Salt Lake City UT 84104 15-02-126-001-0000 Salt Lake City UT 84104 15-02-126-003-0000 20 S 1100 W Salt Lake City UT 84104 UTAH POWER & LIGHT CO 1.59 JONES SUB. 0000,LOTS 7 TO 12 INCL & LOTS 15 16 & 17 BLK 1 JONES SUB TOGETHER,WITH 1/2 VACATED STREETS ABUTTING ON W & N LESS RR 15-02-126-006-0000 3 N 1000 W Salt Lake City UT 84104 SALT LAKE GARFIELD & WESTERN RAILWAY CO 5.42 SEC 02 TWNSHP 1S RNG 1W Q 0409,BEG AT THE NE COR OF BLK 53, PLAT C, SLC SUR; W 1592.00 FT M,OR L TO THE E BANK OF JORDAN RIVER; N'LY ALG THE E BANK OF,JORDAN RIVER TO THE SW COR OF BLK 55, OF SD PLAT; E ALG,NORTH LINE OF SOUTH TEMPLE ST TO THE SE COR OF B 15-02-126-007-0000 6 S 1000 W Salt Lake City UT 84104 SALT LAKE GARFIELD & WESTERN RAILWAY CO 0.35 JONES S 0409,LOTS 13 & 14, BLK 1, JONES SUB. 15-02-130-001-0000 1051 W SOUTH TEMPLE ST Salt Lake City UT 84104 UTAH POWER & LIGHT 2.83 0,N 1/2 OF LOTS 5 & 6, BLK 53, PLAT C, SLC SUR LESS RAILROAD,ALSO BEG AT NE COR OF LOT 8, BLK 53, PLAT C, SLC SUR; S,89^58'29 W 330.0 FT; S 0^01'31" E 120.47 FT; N 74^06'30" E,343.06 FT; N 0^00'55" W 26.68 FT TO BEG. ALSO BEG S 0^00'55",E 165.0 FT FR NW C Page 1 Parcels Removed from Original Boundary PARCEL_SID PARCEL_ADDR CITY STATE ZIPCODE OWN_FULL_NAME PARCEL_ACRESLEGAL_DESC15-03-201-001-0000 55 S REDWOOD RD Salt Lake City UT 84104 SOFIA IMAMI 12.1 116,BEG S 0^03'34 E 66.5 FT & N 89^56'26" E 36.85 FT FR N 1/4,COR OF SEC 3, T 1S, R 1W, S L M; S 0^54'51" E 167.96 FT; S,1^41'39" E 300.04 FT; S 6^48'55" E 52.5 FT; N 89^56'26" E,1001.68 FT; N 0^03'34" E 520 FT; S 89^56'26" W 1020 FT TO,BEG. 12.1 AC M OR 15-03-201-010-0000 1 S REDWOOD RD Salt Lake City UT 84116 PACIFICORP 3.77 1128,BEG E 33 FT M OR L FR N 1/4 COR OF SEC 3, T 1S, R 1W, S L M;,N 89^56'26 E 2615.5 FT TO NE COR OF SD SEC 3; N 89^56'26" E,306 FT; S 0^03'34" E 33 FT TO N LINE OF B K 2, JORDAN,ADDITION (VACATED); S 89^56'26" W 900 FT TO NW COR OF BLK 4,,SD JORDAN ADDI 08-35-329-001-0000 155 N 1000 W Salt Lake City UT 84116 DIVISION OF FACILITIES CONSTRUCTION & MGMT 50 "721,BEG AT THE SE COR LOT 1, BLK 65, PLAT C, SLC SUR: N 1252.0 ,FT; W 300.0 FT; N 200.0 FT; W 1422.0 FT M OR L TO OLD JORDAN,RIVER CHANNEL; SW'LY ALG SD OLD CHANNEL TO THE INTERSECTION ,OF THE PRESENT JORDAN RIVER CHANNEL; SE'LY ALG SD PRESENT ,CHANNE Page 2 Parcels within Amended Boundary PARCEL_SID PARCEL_ADD CITY STATE ZIPCODE OWN_FULL_N PARCEL_ACR LEGAL_DESC 08-34-401-020-0000 1560 W NORTH TEMPLE ST Salt Lake City UT 84116 STORAGE EQUITIES INC QUITIES INC 1.807 1227,BEG N 1011.85 FT M OR L & E 879.7 FT M OR L FR SW COR OF SE ,1/4 OF SEC 34, T 1N, R 1W, S L M; N 0^30' E 380.1 FT; E ,205.49 FT; S 379.99 FT; S 89^58'38 W 208.81 FT TO BEG. ,1.807 AC M OR L. 5823-1957 6086-1971 "08-34-401-023-0000 144 N REDWOOD RD Salt Lake City UT 84116 GEC RV LV TR; IRRV TRST OF CAROL SUSAN CRAIG SUSAN CRAIG 0.11 826,BEG 33 FT N FR NE COR OF LOT 16, BLK 2, BUNNELL'S SUB; N 33 ,FT; W 141.6 FT M OR L; S 33 FT; E 141.6 FT M OR L TO BEG ,5973-1500 ,*** FIRST INTERSTATE BANK OF UTAH NA; TR ,*** IR 08-34-401-025-0000 176 N REDWOOD RD Salt Lake City UT 84116 176 N REDWOOD SLC, LLC OD SLC, LLC 5.39 720,BEG N 1242.78 FT & W 1.97 FT FR SE COR OF SW 1/4 SEC 34, T ,1N, R 1W, SLM; E 518.42 FT; N 77.22 FT; E 16.5 FT; N 284 FT;,N 35^13'03 W 104.04 FT; W 475.75 FT; S'LY ALG 22971.31 FT ,RADIUS CURVE TO R 254.32 FT; S 0^04'27" W 191.9 FT TO BEG. ,5.39 AC 08-34-401-027-0000 1550 W NORTH TEMPLE ST Salt Lake City UT 84116 MOUNTAIN STATES TELEPHONE & TELEGRAPH CO ELEGRAPH CO 0.99 SEC 34 TWNSHP 1N RNG 1W 1Q 0224,BEG 804.24 FT N & 879.7 FT E FR SW COR OF SE 1/4 OF SEC 34, ,T1N, R1W, S L M; N 0?30' E 207.45 FT; N 89?58'38 E 208.81 ,FT; S 207.56 FT; S 89 08-34-428-006-0000 1350 W NORTH TEMPLE ST Salt Lake City UT 84116 J-J BAKD LC J-J BAKD LC 19.79 829,COM S 89^58'30 W 457.26 FT FR SE COR LOT 1 BLK 1 JORDAN ,PLAT A S 89^58'38" W 63 FT N 0^00'55" W 52.03 FT N 89^54'22",W 110 FT S 0^00'55" E 17.17 FT N 89^54'22" W 40 FT S 0^00' ,55" E 35.17 FT S 89^58'38" W 507 FT N 0^00'55" W 1381 FT M ,OR L TO 08-34-428-010-0000 1400 W NORTH TEMPLE ST Salt Lake City UT 84116 J-J BAKD LC J-J BAKD LC 11.28 829,BEG N 89^58'38 E 200 FT FR SW COR OF LOT 3, BLK 1, JORDAN ,PLAT A; N 89^58'38" E 345 FT; N 0^00'55" W 1365.26 FT; N ,76^00'51" W 80.54 FT; N 61^29'37" W 224.11 FT; S 28^08'21" W,148.938 FT; S 0^00'55" W 1360.46 FT TO BEG. 11.28 AC. ,5587-21 08-34-428-013-0000 1458 W NORTH TEMPLE ST Salt Lake City UT 84116 J-J BAKD LC J-J BAKD LC 4.43 SEC 34 TWNSHP 1N RNG 1W 1Q 0816,BEG 804.86 FT N & 1694.85 FT E & N 13.43 FT FR S 1/4 COR OF ,SEC 34, T1N, R1W, SLB & M; N 1015.49 FT M OR L; E 188.325 ,FT; S 1028.92 FT; S 89?57 38 W 174.41 FT M OR L; N ,46 08-34-451-011-0000 132 N REDWOOD RD Salt Lake City UT 84116 GEORGIA ELAINE CARLSON REVOCABLE LIVING TRUST 08/23/2012; CRYSTAL 0.51 826,THE E 16.6 FT OF LOT 11 & ALL OF LOTS 12 THRU 16, BLK 2, ,BUNNELL'S SUB; ALSO BEG NW COR LOT 12, BLK 2, SD SUB; E 125 ,FT; N 33 FT; W 141.6 FT; S 33 FT; E 16.6 FT; TO BEG. ,*** FIRST INTERSTATE BANK OF UTAH NA; TR 2/3 INT ,*** CA 08-34-451-013-0000 120 N REDWOOD RD Salt Lake City UT 84116 TRUST NOT IDENTIFIED; GOERGIA E C CARLSON E C CARLSON 0.04 705,BEG NE COR OF LOT 3, BLK 2, BUNNELL'S SUB; S 89^58'38 W ,141.6 FT; N 0^03'50" E 13 FT; N 89^58'38" E 141.6 FT; S ,0^03'50" W 13 FT TO BEG. 6085-2596 ,*** FIRST INTERSTATE BANK OF UTAH NA; TR 2/3 INT ,*** CAR 08-34-451-016-0000 1692 W NORTH TEMPLE ST Salt Lake City UT 84116 TRUST NOT IDENTIFIED; GEC RV LV TR EC RV LV TR 0.43 826,ALL OF LOTS 3 THRU 7 & THE E'LY 16.6 FT OF LOT 8, BLK 2, ,BUNNELL'S SUB. LESS AND EXCEPT BEG AT SE COR LOT 3 OF SAID ,BLK & SUB; S 89?58'38 W 141.5 FT; N 00 08-34-451-017-0000 1660 W NORTH TEMPLE ST Salt Lake City UT 84116 TRUST NOT IDENTIFIED; GEC RV LV TR EC RV LV TR 0.49 826,BEG SW COR OF LOT 2, BLK 2, BUNNELL'S SUB; N 0?03'50 E 165 ,FT; N 89 08-34-451-018-0000 1694 W NORTH TEMPLE ST Salt Lake City UT 84116 SALT LAKE CITY T LAKE CITY 0.04 1221,BEG AT SE COR LOT 3, BLK 2, BUNNELL'S SUB; S 89?58'38 W ,141.5 FT; N 00 08-34-451-019-0000 1662 W NORTH TEMPLE ST Salt Lake City UT 84116 SALT LAKE CITY T LAKE CITY 0.04 1221,BEG AT SW COR OF LOT 2, BLK 2, BUNNELL'S SUB; N 00?03'50 E ,11.58 FT; N 89 08-34-452-015-0000 111 N CORNELL ST Salt Lake City UT 84116 FDG GAUGE SLC ASSOCIATES, LLC CIATES, LLC 2.415 AGRICULTURAL PARK PL B S 0103,BEG S 89^58'02 W 1340.26 FT & N 00^01'56" W 803.78 FT FR ,THE SE 1/4 OF SEC 34. T1N, R1W, SLM; S 89^58'38" W 216.92 ,FT; N 587.31 FT; E 16.39 FT; S 00^01'56" E 97.91 FT; N ,89^58'38" E 08-34-476-001-0000 150 N CORNELL ST Salt Lake City UT 84116 CHEN'S INTERNATIONAL CORP TIONAL CORP 0.2 AGRICULTURAL A 1023,LOTS 20 & 21 BLK 1 AGRICULTURAL PARK PLAT B. TOGETHER WITH ,1/2 VACATED ST ABUTTING ON N & 1/2 VACATED ALLEY ON S. ,5437-1355 08-34-476-002-0000 150 N CORNELL ST Salt Lake City UT 84116 CHEN'S INTERNATIONAL CORP TIONAL CORP 0.1 AGRICULTURAL PARK PLAT B" 1023,LOT 22 BLK 1 AGRICULTURAL PARK PLAT B. TOGETHER WITH 1/2 ,VACATED STREET ABUTTING ON N & 1/2 VACATED ALLEY ON S. ,5437-1355 " 08-34-476-003-0000 150 N CORNELL ST Salt Lake City UT 84116 CHEN'S INTERNATIONAL CORP TIONAL CORP 0.1 AGRICULTURAL A 1023,LOT 23 BLK 1 AGRICULTURAL PARK PLAT B. TOGETHER WITH 1/2 ,VACATED STREET ABUTTING ON N & 1/2 VACATED ALLEY ABUTTING ON,S. 5437-1355 08-34-476-004-0000 150 N CORNELL ST Salt Lake City UT 84116 CHEN'S INTERNATIONAL CORP TIONAL CORP 0.1 AGRICULTURAL PARK PLAT B" 1023,LOT 24 BLK 1 AGRICULTURAL PARK PLAT B TOGETHER WITH 1/2 ,VACATED STREET ABUTTING ON N & 1/2 VACATED ALLEY ON S. ,5437-1355 "08-34-476-005-0000 150 N CORNELL ST Salt Lake City UT 84116 CHEN'S INTERNATIONAL CORP TIONAL CORP 0.2 AGRICULTURAL PARK PLAT B" 1023,LOTS 25 & 26, BLK 1, AGRICULTURAL PARK PLAT B 4761-1207 ,TOGETHER WITH 1/2 VACATED STREET ABUTTING ON N & 1/2 VACATED,ALLEY ABUTTING ON S. 5459-1384 " 08-34-476-015-0000 159 N 1460 W Salt Lake City UT 84116 CHEN'S INTERNATIONAL CORP TIONAL CORP 1.38 510,LOTS 27 THRU 30, BLK 1 & LOTS 1 THRU 11, BLK 4, AGRICULTURAL,PARK PL B. TOGETHER WITH PORTIONS OF VACATED STREET AND ,ALLEYS ON N & S. LESS THE E 11.5 FT THEREOF. 08-34-476-017-0000 1490 W NORTH TEMPLE ST Salt Lake City UT 84116 1500 TEMPLE 4, LLC MPLE 4, LLC 2.07 104,BEG S 89?58'38 W 11.5 FT & N 00 08-35-351-001-0000 1310 W NORTH TEMPLE ST Salt Lake City UT 84116 J-J BAKD LC J-J BAKD LC 1.53 829,COM S 89^58'38 W 457.26 FT & N 0^00'55" W 220 FT FR SE COR ,LOT 1, BLK 1, JORDAN PLAT "A", N 0^00'55" W 459.8 FT; S ,89^52'16" E 146.92 FT; S 0^04'00" W 329.41 FT; S 89^58'38" W,5.95 FT; S 0^00'55" E 130 FT; S 89^58'38" W 140.5 FT TO BEG.,1.53 AC 08-35-351-002-0000 1250 W NORTH TEMPLE ST Salt Lake City UT 84116 J-J BAKD LC J-J BAKD LC 0.99 829,COM S 89^58'38 W 111.76 FT & N 0^00'55" W 449.48 FT FR SE ,COR LOT 1, BLK 1, JORDAN PLAT "A", S 89^58'38" W 198.91 FT; ,N 0^04'00" E 229.93 FT; S 89^52'16" E 128.12 FT; S 45^ E ,99.67 FT; S 0^00'55" E 159.08 FT TO BEG. 0.99 AC. 5947-2870 " Page 1 Parcels within Amended Boundary PARCEL_SID PARCEL_ADD CITY STATE ZIPCODE OWN_FULL_N PARCEL_ACR LEGAL_DESC 08-35-351-004-0000 1306 W NORTH TEMPLE ST Salt Lake City UT 84116 J-J BAKD LC J-J BAKD LC 0.16 829,COM S 89^58'38 W 520.26 FT FR SE COR LOT 1 BLK 1 JORDAN ,PLAT A N 89^54'22" W 150 FT N 0^00'55" W 35.17 FT S ,89^54'22" E 40 FT N 0^00'55" W 17.17 FT S 89^54'22" E 110 FT,S 0^00'55" E 52.03 FT TO BEG 0.16 AC BEING IN SW 1/4 SEC ,35-1N-1 08-35-351-005-0000 1280 W NORTH TEMPLE ST Salt Lake City UT 84116 J-J BAKD LC J-J BAKD LC 0.71 829,COM S 89^58'38 W 457.26 FT FR SE COR LOT 1 BLK 1 JORDAN ,PLAT "A", N 0^00'55" W 220 FT; N 89^58'38" E 140.5 FT; S ,0^00'55" E 220 FT; S 89^58'38" W 140.5 FT TO BEG. 0.71 AC. ,5947-2870 " 08-35-351-006-0000 1260 W NORTH TEMPLE ST Salt Lake City UT 84116 LC J-J BAKD LC J-J BAKD 2.08 408,COM S 89^58'38 W 111.76 FT FR SE COR LOT 1 BLK 1 JORDAN ,PLAT A N 0^00'55" W 449.48 FT S 89^58'38" W 198.91 FT S ,0^04' W 99.48 FT S 89^58'38" W 5.95 FT S 0^00'55" E 350 FT N,89^58'38" E 205 FT TO BEG 2.08 AC 6016-2875 7633-1651 ,7633-16 08-35-351-007-0000 1310 W NORTH TEMPLE ST Salt Lake City UT 84116 LC J-J BAKD LC J-J BAKD 0.7989 907,BEG 111.76 FT S 89^58'38 W & N 0^00'55" W 679 FT M OR L & S,89^58'38" W 55.5 FT M OR L FR SE COR OF LOT 1, BLK 1, JORDAN,PLAT A; S 89^58'38" W 290 FT M OR L; N 0^55' W 240 FT M OR ,L; S 49^52'04" E 380 FT M OR L TO BEG. .7989 AC 2789-604, ,2848-03 08-35-376-009-0000 1161 W NORTH TEMPLE ST Salt Lake City UT 84116 KSB INDUSTRIES, LLC STRIES, LLC 0.298 1116,BEG N 89^58'36 E 22.71 FT & N 0^00'55" W 34.32 FT FR SW COR,LOT 2, BLK 55, PLAT C, SLC SUR; S 89^58'36" W 130 FT; N ,0^00'55" W 100 FT; N 89^58'36" E 130 FT; S 0^00'55" E 100 FT,TO BEG. 0.298 AC 6308-2586 9723-8627,8631,8636 " 08-35-376-010-0000 1051 W NORTH TEMPLE ST Salt Lake City UT 84116 SALT LAKE CITY T LAKE CITY 0.08 BLK 056 PLAT C 1P 1221,BEG AT NE COR LOT 5, BLK 56, PLAT C, SLC SUR; S 00?00'55 E ,8.76 FT; S 89 08-35-377-012-0000 1015 W NORTH TEMPLE ST Salt Lake City UT 84116 SALT LAKE CITY T LAKE CITY 0.03 BOTHWELL & MCCONAUGHY 1S 1221,BEG NE COR LOT 9, BLK 2, BOTHWELL & MCCONAUGHY SUB; S ,00?00'55 E 8.84 FT; S 89 08-35-377-013-0000 1011 W NORTH TEMPLE ST Salt Lake City UT 84116 1011 WEST NORTH TEMPLE, LLC TEMPLE, LLC 0.28 606,LOTS 7, 8 & 9, BLK 2, BOTHWELL & MCCONAUGHY SUB. LESS AND ,EXCEPTING, BEG NE COR LOT 9, BLK 2, BOTHWELL & MCCONAUGHY ,SUB; S 00?00'55 E 8.84 FT; S 89 08-35-377-014-0000 1023 W NORTH TEMPLE ST Salt Lake City UT 84116 SALT LAKE CITY T LAKE CITY 0.04 1221,BEG AT NE COR LOT 10, BLK 2, BOTHWELL & MCCONAUGHY SUB; S ,00?00'55 E 8.80 FT; S 89 08-35-377-019-0000 1010 W LEARNED AVE Salt Lake City UT 84116 0 BOTHWELL & MCCONAUGHY S 0126,BEG AT SE COR LOT 1, BLK 2, BOTHWELL & MCCONAUGHY SUB; N ,89^59?47? W 136.59 FT; N 00^00?49? W 198.13 FT; S 89^59?47? ,E 136.59 FT; S 00^00?49? E 198.13 FT TO BEG. (BEING ALL OF ,LOTS 1, 2, 08-35-378-003-0000 1031 W LEARNED AVE Salt Lake City UT 84116 BRMK ESPLANDE APARTMENTS LLC RTMENTS LLC 0.16 BOTHWELL & MCCONAUGHY SUB. 0216,W 16.5 FT OF LOT 11 & ALL LOT 12 BLK 1 BOTHWELL & MCCONAUGHY,SUB OF BLK 56 PLAT C SLC SUR 7321-0301 9669- 9797 09749-2835 ,11346-8603 08-35-378-004-0000 1023 W LEARNED AVE Salt Lake City UT 84116 BRMK ESPLANDE APARTMENTS LLC RTMENTS LLC 0.21 BOTHWELL & MCCONAUGHY SUB. 0216,LOT 10 & E 16.5 FT OF LOT 11 BLK 1 BOTHWELL & MCCONAUGHY SUB,OF BLK 56 PLAT C SLC SUR 5565-1407 06605-0112 11346-8603 08-35-378-013-0000 1033 W LEARNED AVE Salt Lake City UT 84116 BRMK ESPLANDE APARTMENTS LLC RTMENTS LLC 0.22 216,LOTS 13 & 14 BLK 1, BOTHWELL & MCCONAUGHY SUB. 0.22 AC M OR ,L. 5140-1450 6461-2821,2823,2825 9929-7204 9974-4058 ,10168-611 10168-4534 11346-8603 08-35-378-015-0000 Salt Lake City UT 84116 BRMK ESPLANDE APARTMENTS LLC RTMENTS LLC 0.52 08-35-379-001-0000 1065 W NORTH TEMPLE ST Salt Lake City UT 84116 KEPPEL ONE, LLC; DIANE NIELSON ANE NIELSON 0.01 FAIRPARK COMMERCIAL CONDO 1S 0507,UNIT 1, FAIRPARK COMMERCIAL CONDOMINIUMS 10175-6952 ,10471-7548 ,*** KEPPEL ONE, LLC; 56% ,*** NIELSO 08-35-379-002-0000 1055 W NORTH TEMPLE ST Salt Lake City UT 84116 KEPPEL ONE, LLC; DIANE NIELSON ANE NIELSON 0.01 FAIRPARK COMMERCIAL CONDO 1S 0507,UNIT 2, FAIRPARK COMMERC1AL CONDOMINIUMS 10175-6952 ,10471-7548 ,*** KEPPEL ONE, LLC; 56% ,*** NIELSO 08-35-379-003-0000 1075 W NORTH TEMPLE ST Salt Lake City UT 84116 ENVIROTECH MOLDED PRODUCTS, INC ODUCTS, INC 0.01 FAIRPARK COMMERCIAL CONDO 1S 0507,UNIT 3, FAIRPARK COMMERCIAL CONDOMINIUMS 10175-6952 ,10184-8037 08-35-379-004-0000 1055 W NORTH TEMPLE ST Salt Lake City UT 84116 FAIRPARK COMMERICAL CONDOMINIUMS OWNERS ASSOC. 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N 00 08-35-451-035-0000 950 W NORTH TEMPLE ST Salt Lake City UT 84116 MCDONALDS REAL ESTATE COMPANY ATE COMPANY 1.11 BLK 064 PLAT C P 1115,BEG N 00^00'43 W 10.07 FT FR SE COR LOT 2, BLK 64, PLAT C, ,SLC SUR; N 89^34'29" W 117.36 FT; S 88^20'36" W 30.24 FT; N ,00^00'42" W 113.66 FT; S 89^58'45" W 1.00 FT; N 00^00'41" W ,79.26 FT; S 08-35-452-001-0000 935 W 200 N Salt Lake City UT 84116 BREANNA M VALDEZ NA M VALDEZ 0.05 302,COM 20.5 FT E FR NW COR LOT 6 BLK 64 PLAT C SLC SUR E 22.5 ,FT S 81 FT E 4.5 FT S 15 FT W 27 FT N 96 FT TO BEG 5410-1440,5456-1386 . 05735-1474 10861-6134 08-35-452-002-0000 933 W 200 N Salt Lake City UT 84116 FORTINO RIOYOS; ISABEL RAMIREZ (JT) AMIREZ (JT) 0.14 204,BEG 43 FT E FR NW COR LOT 6, BLK 64, PLAT C, SLC SUR; E 39 ,1/2 FT; S 165 FT; W 35 FT; N 84 FT; W 4 1/2 FT; N 81 FT TO ,BEG 4152-0202 5453-2363 6037-2870 6399-2505, 6411-1484 ,6399-2507 6960-2533 8293-7831 08-35-452-003-0000 921 W 200 N Salt Lake City UT 84116 SHANELLE T CRIPPS LE T CRIPPS 0.07 209,COM 5 RDS E FR NW COR LOT 6 BLK 64 PLAT C SLC SUR E 2 RDS S ,96 FT; 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N 00^00'56] W 165.04 FT; S 89^58'50] W 36 FT; N ,00^00'56] W 82.53 FT; N 89^59'03] E 122.2 FT; S 00^00'12] W ,247.56 FT; N 89^58'38] W 86.11 FT TO BEG. 08-35-477-023-0000 708 W NORTH TEMPLE ST Salt Lake City UT 84116 CABCO 708, LLC CO 708, LLC 1.03 218,BEG S 89?58'38 E 122.11 FT FR SW COR LOT 1, BLK 62, PLAT C,,SLC SUR; N 00 08-35-477-024-0000 776 W NORTH TEMPLE ST Salt Lake City UT 84116 MASON LAND, LLC N LAND, LLC 0.14 BLK 062 PLAT C 1P 0220,BEG AT SW COR LOT 2, BLK 62, PLAT C, S L C SUR; E 4 RDS; N 6,RDS; W 4 RDS; S 6 RDS TO BEG. 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S 89^58'36" W 2.78 FT; N 0^20' ,08" E 33 FT; N 89^58'36" E 2.57 FT; S 0^00'55" E 33 FT BEG. ,10993-9237 " 08-35-478-045-0000 74 N 800 W Salt Lake City UT 84116 BARTON INVESTMENT, LLC STMENT, LLC 0.11 505,BEG S 5 RODS FR NW COR LOT 5, BLOCK 59, PLAT C, SLC SUR; E 6,RODS; S 1 ROD; E 4 RODS; S 19.5 FT; W 10 RODS; N 36 FT TO ,BEG. 7556-0267 08-35-478-046-0000 62 N 800 W Salt Lake City UT 84116 BARTON INVESTMENT, LLC STMENT, LLC 0.18 505,BEG S 118.5 FT FR NW COR LOT 5, BLOCK 59, PLAT C, SLC SUR; S,46.5 FT; E 10 RODS; N 46.5 FT; W 10 RODS TO BEG. 7556-0267 08-35-478-047-0000 775 W NORTH TEMPLE ST Salt Lake City UT 84116 BARTON INVESTMENT, LLC STMENT, LLC 0.11 BLK 059 PLAT C 1P 0729,BEG NW COR LOT 5, BLOCK 59, PLAT C, SLC SUR; E 59-1/2 FT; S ,5 RODS; W 59-1/2 FT; N 5 RODS TO BEG. 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S 82.50 FT; E ,234.5 FT TO A PT ON THE W'LY LINE OF STATE ROAD PROP' N'LY ,ALG SD W'LY LINE TO A PT 72 FT W OF THE NE COR OF SD LOT 3, ,W 258 FT TO BEG. 4008-200 4008-0202 5857-1151 6260-516 15-02-230-002-0000 49 S 800 W Salt Lake City UT 84104 TEOFILES V ADIPUTRA V ADIPUTRA 0.13 321,COM 2.5 RDS N FR SW COR LOT 3 BLK 50 PLAT C SLC SUR N 2.5 ,RDS E 8.5 RDS S 2.5 RDS W 8.5 RDS TO BEG 6390-0089 6694-2775,7113-1390 7362-2899 7374-1853 7447-0420 9920-2022 9971-7277 ,10006-1334 10015-2918 10110-4135 15-02-230-003-0000 57 S 800 W Salt Lake City UT 84104 CURT WARREN CURT WARREN 0.13 1114,COM SW COR LOT 3 BLK 50 PLAT C SLC SUR N 2.5 RDS E 8.5 RDS S,2.5 RDS W 8.5 RDS TO BEG 5549-0307 5817-2549 5962-2251 ,6684-2352 6830-1889 6941-2249 7141-1403 9473-2997 15-02-230-004-0000 59 S 800 W Salt Lake City UT 84104 BRICK AND MORDOR, LLC MORDOR, LLC 0.14 727,COM AT NW COR LOT 2 BLK 50 PLAT C SLC SUR S 54 FT E 7 RDS N ,54 FT W 7 RDS TO BEG 6116-1101 6155-1258 6392-1075 6761-0405,7577-1322 8993-5167 9895-5886 10144-7592 10384-3489 ,10535-8316 11135-8364 15-02-230-005-0000 53 S 800 W Salt Lake City UT 84104 TEOFILES V ADIPUTRA V ADIPUTRA 0.16 702,COM 119 FT W FR SE COR LOT 3 BLK 50 PLAT C SLC SUR W 70.75 ,FT N 5 RDS E 94.25 FT SW'LY TO BEG 6390-0089 6694-2775 ,7114-2071 7362-2899 7447-0420 9920-2022 9971- 7277 10006-1334,10015-2918 10064-3711 10110-4135 15-02-230-006-0000 778 W 100 S Salt Lake City UT 84104 ANDY HAI TRAN DY HAI TRAN 0.11 324,BEG AT SW COR LOT 2, BLK 50, PLAT C, SLC SUR; E 49 1/2 FT; N,99 FT; W 49 1/2 FT; S 99 FT TO BEG. 4452-1268 6870-281815-02-230-007-0000 776 W 100 S Salt Lake City UT 84104 JENNY LYN DEAN NY LYN DEAN 0.04 503,COM 49.5 FT E FR SW COR LOT 2 BLK 50 PLAT C SLC SUR E 19 FT ,N 99 FT W 19 FT S 99 FT TO BEG. 8781-1841 8907-3835,3836 ,8944-8113 9029-6382 9535-6360 9610-7172 15-02-230-008-0000 774 W 100 S Salt Lake City UT 84104 MICHAEL A SABEY AEL A SABEY 0.05 415,BEG 68.5 FT E OF SW COR LOT 2, BLK 50, PLAT C, SLC SUR; N 99,FT; E 22 FT; S 99 FT; W 22 FT TO BEG. 4451-231, 5283-739,740,5283-0741 5568-0651 5779-2244 5801-1019 6189- 1270 6209-2514 ,9267-0228 9429-776 10251-1511 15-02-230-009-0000 772 W 100 S Salt Lake City UT 84104 JENNIFER BARNES IFER BARNES 0.06 408,COM 90.5 FT E OF SW COR LOT 2 BLK 50 PLAT C SLC SUR E 25 FT ,N 6 RDS W 25 FT S 6 RDS TO BEG 5340-400 5340-0401 6648-764, ,766 6648-0767 7913-0602 8359-3984 8581- 4045 9757-4593 ,9797-6458 9984-2491 10032-9608 10126-3115 15-02-230-010-0000 770 W 100 S Salt Lake City UT 84104 JANET LATU JANET LATU 0.19 419,COM 7 RD E FR SW COR LOT 2 BLK 50 PLAT C SLC SUR E 3 RD N 10,RDS; W 3 RDS; S 10 RDS TO BEG. 7156-0200 8366-7183 9346-1287,9345-1303 09723-1491 15-02-230-011-0000 39 S 800 W Salt Lake City UT 84104 SALT LAKE CITY CORPORATION CORPORATION 1.34 1201,BEG S 00?00'20 W 156.75 FT FR NW COR BLK 50, PLAT C, SLC ,SUR; N 89 15-02-504-006-0000 Salt Lake City UT 84104 0 15-02-504-096-0000 763 W SOUTH TEMPLE ST Salt Lake City UT 84104 WESTERN PACIFIC RAILROAD CO RAILROAD CO 0.28 BLK 050 PLAT C 1P 1201,BEG 9.5 RDS S FR NW COR OF BLK 50, PLAT C, SLC SUR; E 115.5 ,FT; N 156.75 FT; E 49.5 FT; S 165 FT; E 211.2 FT; S 17?36 ,20 W 61.05 FT; W 358.05 FT; N 66.44 FT M OR L TO BEG. LESS ,AND EXCEPTI Page 14 Parcels within Amended Boundary PARCEL_SID PARCEL_ADD CITY STATE ZIPCODE OWN_FULL_N PARCEL_ACR LEGAL_DESC 15-02-504-098-0000 10 S 1000 W Salt Lake City UT 84104 WESTERN PACIFIC RAILROAD CO RAILROAD CO 1.08 1201,WESTERN PACIFIC RAILROAD PROPERTY LYING IN BLK 53, PLAT C, ,SLC SUR. LESS AND EXCEPTING, BEG N 00?01'45 W 279.91 FT FR ,SW COR BLK 53, PLAT C, SLC SUR; N 00 08-35-377-017-0000 1025 W NORTH TEMPLE ST Salt Lake City UT 84116 LUSSO APARTMENTS, LLC TMENTS, LLC 1.199 BOTHWELL & MCCONAUGHY S 0126,BEG AT SE COR LOT 19, BLK 2, BOTHWELL & MCCONAUGHY SUB; N ,89^5902' W 179.62 FT; S 00^00"49' E 66.00 FT; N 89^59"47' W,2.00; N 00^00"49' W 354.44; 89; S 89^59"02' E 181.62 FT; S ,00^00"49' E 08-35-457-035-0000 Salt Lake City UT 84116 EMERIL 800 LLC RIL 800 LLC 0.056 15-02-226-008-0000 38 S 800 W Salt Lake City UT 84104 SALT LAKE CITY CORPORATION CORPORATION 1.29 1201,BEG S 00?00'51 E 231.04 FT FR NE COR BLK 51, PLAT C, SLC ,SUR; N 89 Page 15 ATTACHMENT B: Map - Utah Fairpark Area Investment and Restoration District Utah Fairpark Area Investment and Restoration District ATTACHMENT C: Map - North Temple Project Area Boundary North Temple Project Area Plan North Temple Project Area north temple project area plan R E D E V E L O P M E NT A G E N C Y O F SA L T L A K E C I T Y PURPOSE STATEMENT The Redevelopment Agency of Salt Lake City (“RDA”) has determined that the North Temple Project Area (“Project Area”), as designated in this plan, requires assistance from the RDA to revitalize and improve the corridor along North Temple Street from the west side of I-15 to Redwood Road, as more specifically defined in the boundary description contained herein. Improvements to the Project Area, which largely consist of commercial, residential, and institutional uses, can benefit by tax increment financing provided by the RDA to fund property improvements. This plan shall serve as the guiding document for redevelopment activities in the North Temple Project Area. RECITALS 1. Pursuant to the provisions of Section 17C of the Act, on August 10, 2010, Salt Lake City (“City”) adopted the North Temple Boulevard Plan as the “Community General Plan,” which was approved by the Salt Lake City Planning Commission on April 14, 2010. The elements of the Community General Plan are incorporated into this North Temple Project Area Plan (“Project Area Plan”); and 2. Pursuant to the provisions of Section 17C of the Community and Renewal Agencies Act (“Act”), the governing body of the RDA designated by Resolution No. 677.03, dated April 20, 2010, the boundary of a blight survey area in which a blight study would be conducted to determine whether or not one or more redevelopment project areas are feasible; and north temple project area plan Page 1 3. Pursuant to requirements set forth in the Act, the RDA performed a blight survey of the survey area; and 4. Pursuant to Section 17C of the Act, the RDA held a blight hearing for the proposed North Temple Project Area; and 5. Pursuant to Section 17C of the Act, the RDA adopted Resolution No. 687.03, dated December 14, 2010, thereby approving a blight finding of the Proposed Project Area within one (1) year from the date of the blight survey area boundary designation; and 6. Pursuant to Section 17C of the Act, the RDA adopted Resolution No. 687.04, dated December 14, 2010, thereby approving the proposed Project Area boundaries; and 7. Pursuant to Section 17C of the Act, the RDA has conducted one or more public hearings for the purpose of informing the public about the proposed Project Area Plan, allowing public input into the RDA‟s deliberations and considerations regarding the proposed Project Area Plan; and 8. Pursuant to Section 17C of the Act, the RDA has allowed opportunity for input on the draft Project Area Plan from the State Board of Education and each taxing entity and has made a draft Project Area Plan available to the public at the RDA‟s offices during normal business hours, provided notice of the plan hearing and held a public hearing on the draft Project Area Plan on September 20, 2011. DEFINITIONS A. The term "Act" shall mean the “Limited Purpose Local Government Entities Community Development and Renewal Agencies Act” as found in Title 17C, Utah Code Annotated 1953, as amended. B. The term “Affordable Housing” shall mean housing to be owned or occupied by persons and families of low or moderate income, as determined by resolution of the Agency. north temple project area plan Page 2 C. The term "Base Taxable Value" shall mean the taxable value of the property within the Project Area from which tax increment will be collected, as shown upon the assessment roll last equalized before the date of the Taxing Entity Committee's approval of the first Project Area Budget. D. The term "Blight" or "Blighted" shall mean the condition of an area that meets the requirements of Subsection 17C-2-303(1). E. The term "Board” shall mean the governing body of the Agency, as provided in Section 17C-1-203 of the Act. F. The term "City" shall mean the City of Salt Lake City. G. The term “Housing Funds” shall mean the funds allocated in an urban renewal project area budget under Section 17C-2-203 for the purposes provided in Subsection 17C-1- 412(1). H. The term “Income Targeted Housing” shall mean housing to be owned or occupied by a family whose annual income is at or below 80% of the median annual income for Salt Lake County. I. The term “Loan Fund Board” shall mean the Olene Walker Housing Loan Fund Board, established under Title 9, Chapter 4, Part 7, Olene Walker Housing Loan Fund. J. The term “North Temple Boulevard Plan” shall mean the Community General Plan as required by the Act, which acts as the master plan, adopted by Salt Lake City on August 10, 2010. K. The term "Project Area" shall mean the area described in Exhibit A attached hereto. L. The term "Project Area Budget" shall mean a multiyear projection of annual or cumulative revenues and expenses and other fiscal matters pertaining to the Project Area that includes: (i) the Base Taxable Value of property in the Project Area; (ii) the projected Tax Increment expected to be generated within the Project Area; north temple project area plan Page 3 (iii) the amount of Tax Increment expected to be shared with other taxing entities; (iv) the amount of Tax Increment expected to be used to implement the Project Area Plan, including the estimated amount of Tax Increment to be used for land acquisition, public improvements, infrastructure improvements, and loans, grants, or other incentives to private and public entities; (v) the Tax Increment expected to be used to cover the cost of administering the Project Area Plan; (vi) if the area from which Tax Increment is to be collected is less than the entire Project Area: (a) the tax identification numbers of the parcels from which Tax Increment will be collected; or (b) a legal description of the portion of the Project Area from which Tax Increment will be collected; (vii) for property that the RDA owns and expects to sell, the expected total cost of the property to the RDA and the expected selling price; and (viii) the following required information: (a) the number of tax years for which the RDA will be allowed to receive Tax Increment from the Project Area; and (b) the percentage of Tax Increment or maximum cumulative dollar amount of Tax Increment the RDA is entitled to receive from the Project Area under the Project Area Budget. M. The term "RDA" shall mean the Redevelopment Agency of Salt Lake City. N. The term “Taxable Value” shall mean the value of property as shown on the last equalized assessment roll as certified by the Salt Lake County Assessor. O. The term “Tax Increment” shall mean the difference between: north temple project area plan Page 4 (i) the amount of property tax revenues generated each tax year by all taxing entities from the area within a Project Area designated in the Project Area Plan as the area from which Tax Increment is to be collected, using the current assessed value of the property; and (ii) the amount of property tax revenues that would be generated from that same area using the Base Taxable Value of the property. P. The term “Taxing Entity” shall mean a public entity that levies a tax on a parcel or parcels of property located within the City. Q. The term “Taxing Entity Committee” shall mean a committee representing the interests of the Taxing Entities, created as provided in Section 17C-1-402 of the Act. 1(a) PROJECT AREA BOUNDARIES The North Temple Project Area, hereinafter referred to as the “Project Area”, is enclosed within the boundaries described in Exhibit A attached hereto. 1(b) PROJECT AREA PHYSICAL CHARACTERISTICS GENERAL LAND USES: The Project Area has a wide range of uses. The existing principal land uses in the area are office, commercial, utility, state government related uses, and single family and multi- family residential uses. It is expected that the current uses in the Project Area will be affected as follows: Through development, some existing structures may be demolished or renovated, new buildings will be constructed and the reuse of existing buildings for new uses may occur. It is likely that the permitted uses will generally remain the same, except that, as provided in the North Temple Boulevard Plan, there will likely be transit oriented development that will result in an increase in density and an expansion of mixed-uses. north temple project area plan Page 5 The land use changes are intended to support new transit oriented residential development served by the North Temple/Airport TRAX light rail line, running east west through the Project Area. The land uses will have an increase in a diversity of mixed uses to accommodate both residents and commuters during all times of the day. The proximity to mass transit will result in pedestrian oriented design by allowing residents to use public transportation or walking to service needs. The vision of the North Temple Project Area is to promote transit oriented development in this area. Over time, commercial and residential mixed use development will occupy an increased share of the area‟s acreage. The future mix of uses and transit oriented development will produce an increase in the number of housing units and will result in an overall increase in activity within the proposed Project Area. All anticipated new uses will be compatible with the North Temple Boulevard Plan and the goals and objectives of this Project Area Plan. LAYOUT OF PRINCIPAL STREETS: The principal streets in the Project Area are North Temple Street and Redwood Road. North Temple Street is the primary east-west arterial street with two lanes in both directions and a center running light rail transit line (currently under construction) that connects the Salt Lake City International Airport with the downtown Salt Lake City core. Redwood Road is one of the primary north-south arterial streets and is a major state highway that accesses I-80. 900 West Street is another north-south arterial street that handles a large volume of traffic because it, like Redwood Road, is one of the only streets that connects south to the other side of I-80. The streets in the eastern portion of the Project Area are set in a grid-like pattern and have a higher level of connectivity, similar to the street pattern found in a majority of Salt Lake City. Moving to the western portion of the Project Area, there is little connectivity because of the large lot sizes and configurations, and the absence of a strong grid street north temple project area plan Page 6 pattern. Overall, the existing general grid layout of the principal streets in the Project Area will likely remain the same. Development in the Project Area that adheres to the urban renewal standards in this document and to the North Temple Boulevard Plan will result in: (i) improved connectivity and pedestrian circulation, through the construction of new public pathways. These improvements in connectivity will better address the isolation between different uses and will improve pedestrian safety and orientation to goods and services, and to natural open space amenities within the Project Area, including the Jordan River and City Creek. Improvements will facilitate better access to the Project Area by connecting the surrounding neighborhoods and increasing accessibility for a diversity of users, including cyclists, pedestrians, and transit riders. (ii) improved pedestrian and transit oriented design, enhancing the pedestrian experience through the use of scale, transparency and visual literacy, while providing a fine-grained mix of uses for a variety of different users. (iii) increased transportation options, through multi-modal enhanced design that will allow streets to facilitate a variety of different types of users. (iv) increased use of public transit and pedestrian activity, through pedestrian enhancements that will encourage walkability and help to reduce automobile dependency and vehicle miles traveled in the Project Area. POPULATION DENSITIES: Existing residential population densities for the Project Area have been calculated based on the 2010 U.S. Census and supplementary information from the Salt Lake County Assessor. The numbers of residents occupying the different land areas are shown on the population density map below. north temple project area plan Page 7 Densities for the Project Area are calculated by taking the number residents occupying residential land use parcels only, including the manufactured home park and apartment complexes. Of the 319 acres that make up the Project Area there are approximately 54 acres of residential land use and 1112 people1, equating to a residential density of 20.59 people per acre (total population divided by the number of residential acres in the Project Area.) The residential uses and are located primarily in the eastern portion of the project area with the exception of the manufactured home park and large apartment complex located in the western portion of the Project Area. The densities in the Project Area may be affected as follows: The North Temple Boulevard Plan and the goals and objectives of this Project Area Plan provide that the Project Area should be developed for increased walkability, density, and 1 U.S. Census Bureau, 2010 Census Summary File P1. http://factfinder2.census.gov/, accessed July 14, 2011 and Salt Lake County Assessor Real and Personal Property Assessment, http://assessor.slco.org/, accessed July 14, 2011. north temple project area plan Page 8 transit oriented development. It is anticipated that some of the current uses along North Temple could transition into medium and high density mixed use, including residential, while the area North and South of North Temple would maintain the existing low to medium density residential character. Overall, the increases in building densities and development of underutilized land will result in increased population densities. BUILDING INTENSITIES: Buildings in the area are generally single or two-story office, commercial, utility, and residential structures. There are a number of large utility related and government offices located in the Project Area. These can be generally characterized as office park type development with larger buildings surrounded by parking and having little relationship to the street. The commercial buildings in the area consist mainly of smaller, motel/hotel buildings, automobile service related buildings, restaurants with drive through facilities, single story retail and goods service related buildings with parking located in the front and some strip mall type developments. There is a mix of housing types, with a majority of the residential structures classified as detached single-family dwelling units, which include manufactured and mobile homes. In addition to the single-family dwellings, the remainder of the housing stock is made up of attached dwelling structures including multi-family dwelling units, condominiums, four- plexes, duplexes, and multi-plexes. The Project Area also contains some significant open space including the Utah State Fairpark, sections of the Jordan River Parkway, several properties housing utility related equipment and facilities, and some vacant parcels. It is expected that the building intensities within the Project Area will be affected in the following ways: New increased intensity, mixed-use projects built along North Temple will increase building uses and intensities in the Project Area. Buildings with multiple uses, such as north temple project area plan Page 9 ground floor retail with higher density residential above, will increase the use and activity of the buildings and Project Area overall. While a majority of the existing lower density residential structures will maintain their current building intensity, there will likely be an increase in new multi-family dwellings and higher density residential structures along North Temple. 1(c) STANDARDS TO GUIDE URBAN RENEWAL All future urban renewal shall also be guided by this Project Area Plan, as well as requirements of Salt Lake City, including but not limited to planning, zoning, building code, and historic preservation ordinances. Property improvement proposals shall be considered by the RDA for assistance as set forth in its Programs, outlined in Section 1(k). The general standards that will guide urban renewal in the Project Area are as follows: i. Encourage Transit-Oriented Development: Encourage transit-oriented development along the North Temple Boulevard corridor that benefits by and complements new light rail transit line. The type and scale of the development shall be consistent with the North Temple Boulevard Plan. ii. Participate in Creating a Walkable Community: Help create developments that encourage a walkable environment with connections to and from transit stops, and surrounding neighborhoods. iii. Create Extension of City Creek Corridor: In partnership with Salt Lake City, establish a City Creek Corridor extension originating from 800 West to be carried along Folsom Avenue and connect to the Jordan River Trail. Provide opportunities for new development that surrounds public bike and pedestrian trail. iv. Preserve Existing Residential Neighborhoods and Encourage Positive Connections: Encourage development on and near the North Temple corridor north temple project area plan Page 10 that is beneficial to the community, while maintaining the historic character of existing single-family residential neighborhoods. v. Redevelop State of Utah‟s State Fairpark: Provide assistance to the State of Utah to redevelop the State Fairpark in a manner that maintains the historic integrity while increasing active uses of the site, providing a community benefit and increasing connectivity to the surrounding area. vi. Assist in Improving Environmental Conditions along North Temple Boulevard: Encourage new development on environmentally-challenged properties that simultaneously creates active uses and promotes a healthy environment. vii. Create and Renovate Open Spaces for the Community: Encourage the creation and renovation of open spaces for the community that complement neighboring developments. viii. Promote Sustainable Practices: Encourage and promote sustainable practices in all redevelopment activities. ix. Design for Excellence and Cost Effectiveness: Encourage the highest aesthetic standards possible using durable materials while at the same time providing the greatest possible public value that meets current and future needs. x. Create Safe, Vibrant and Useful Public Spaces: Encourage placemaking by identifying key elements of desirable public spaces that can contribute to the unique character of the area and enhance connections between developments and the street. xi. Promote Population Growth and Stability: Encourage population growth and stability by providing opportunities for commercial, housing, and mixed use development while stabilizing existing neighborhoods. 1(d) HOW PURPOSE OF THE ACT WILL BE ATTAINED BY THE URBAN RENEWAL PROCESS The RDA will partner with property owners, developers, and community stakeholders, with the use of Tax Increment derived from the Project Area, to facilitate urban renewal activities. Such activities may include undertaking new development, renovating and north temple project area plan Page 11 rehabilitating existing buildings, and enhancing existing and creating new public works and open spaces. To facilitate these development opportunities, the RDA will offer a variety of loan programs that provide financial incentives to applicants. Such loans are bound by requirements that reflect the goals of urban renewal as defined in this Project Area Plan, as well as goals established by the RDA that work in concert with the Project Area Plan. The RDA will seek opportunities to acquire property to market it for redevelopment. Such property will be marketed with requirements of the developer to redevelop it in a manner consistent with Project Area Plan. 1(e) DEMONSTRATE CONFORMANCE OF URBAN RENEWAL WITH COMMUNITY‟S GENERAL PLAN The North Temple Boulevard Plan is the current master plan for the Project Area. The Project Area Plan is consistent with the North Temple Boulevard Plan‟s goals and objectives of enhancing connectivity, creating walkable, transit-oriented development, increasing density and housing options and creating long term economic stability in the area. The construction of all new buildings and improvements and the rehabilitation of any existing buildings or improvements in the Project Area will be done in accordance with the standards set forth in the North Temple Boulevard Plan and the accompanying Urban Design Manual for the North Temple Boulevard/Transit Corridor. Building permits for construction or rehabilitation will be issued by the City in order to assure that new development or redevelopment is consistent with the North Temple Boulevard Plan and City ordinances. 1(f) DEMONSTRATE HOW URBAN RENEWAL WILL REDUCE OR ELIMINATE BLIGHT IN THE PROJECT AREA north temple project area plan Page 12 The RDA made a finding of five blight factors of blight within the Project Area boundaries. Those blight factors are as follows: i. Substantial physical dilapidation, deterioration, or defective construction of buildings or infrastructure; ii. Significant non-compliance with current building code, safety code, health code, or fire code requirements or local ordinances; iii. Unsanitary or unsafe conditions in the proposed Project Area that threaten the health, safety or welfare of the community; iv. Environmental hazards, as defined in state or federal law, that require remediation as a condition for current or future use and development; and v. Criminal activity higher than that of comparable non-blighted areas in the municipality. Undertaking urban renewal in the North Temple Project Area can reduce or eliminate these existing blight factors using Tax Increment to repair or replace dilapidated buildings, bring existing buildings and properties into compliance with current building code, remove unsanitary and environmentally compromised conditions and replace with safe, useable properties, and create developments that promote safety for the community. 1(g) DESCRIBE ANY SPECIFIC PROJECT(S) THAT ARE THE OBJECT OF THE PROPOSED URBAN RENEWAL The North Temple Boulevard Plan identifies the extension of the City Creek Corridor to the Jordan River as one of Salt Lake City‟s goals. The RDA will encourage private development along Folsom Avenue between 800 West and 1000 West to complement the daylighting of the creek and a new pedestrian/bike path. New development along the corridor will provide an active and safe environment for the community. 1(h) PROCESS OF SELECTING PRIVATE DEVELOPERS north temple project area plan Page 13 All developers shall be selected through a public bid process in accordance with Salt Lake City‟s Procurement Policies and Procedures. 1(i) REASONS FOR SELECTION OF THE PROJECT AREA In 2009, Salt Lake City undertook a planning effort along the North Temple Boulevard to address planning issues for new development along the North Temple/Airport TRAX light rail extension to the Salt Lake City International Airport. During the preliminary planning process, the RDA recognized the opportunity to assist in the redevelopment of the area by implementing the North Temple Boulevard Plan. Due to its link to downtown and the Salt Lake City International Airport, the RDA believes that proper redevelopment of the North Temple Project Area is critical. 1(j) DESCRIPTION OF PHYSICAL, SOCIAL, AND ECONOMIC CONDITIONS EXISTING IN THE PROJECT AREA Physical Conditions: The Project Area consists of 319 acres comprised of commercial, residential, institutional, and utility uses. The Jordan River runs in a north/south configuration through the Project Area at approximately 1200 West Street. The geography of the area is relatively flat, with landscaped areas in the residential district north of North Temple, as well as the commercial district along the North Temple Boulevard. According to the blight study, some properties contain areas of environmental contamination. The Folsom corridor between South Temple, 100 South, 800 West and 1000 West contains numerous car repair and light industrial uses whose structures are dilapidated. Social Conditions: Social connection is limited to the residential neighborhoods and the RV Park located at 1400 West North Temple. The North Temple Boulevard consists of institutional uses that have little relationship to their surroundings, and commercial uses that encourage automobile use instead of pedestrian use. The Project Area includes the Utah State Fairpark, which is self-contained and underutilized. A City-owned park, north temple project area plan Page 14 located at 14 North 1000 West is underutilized and attracts unwanted activity for the neighborhood. Economic Conditions: While no formal economic analysis of the area has been performed (other than the Blight Study), it is obvious from the lack of reinvestment and property underutilization that the Project Area requires an economic catalyst. Infrastructure improvements currently being installed by Salt Lake City will improve conditions along the North Temple Boulevard, but privately-owned property requires assistance to make a substantial positive impact in the area. 1(k) IDENTIFY TAX INCENTIVES OFFERED TO PRIVATE ENTITIES FOR FACILITIES WITHIN THE PROJECT AREA Once the Project Area is created, the RDA can offer several existing programs to assist property owners with property improvements. These programs include: New Construction Loans: Developers can use the funds to finance the construction of new residential, mixed-use, or commercial buildings. Building Renovation Loans: Building owners and developers can receive funding for up to 50% of building renovation costs including restoring the façade of the building to its original appearance. High Performance Building Renovation Loans: Property owners or developers can receive financing for 50% of building renovation costs at 0% interest for buildings that achieve a LEED certification level or an ENERGY STAR rating. High Performance Building Construction Loans: The RDA provides grants and loans to developers who construct new residential, mixed-use or commercial buildings to a LEED- certified level. Environmental Assessment & Remediation Loans: The RDA provides loans for 50% of the costs associated with assessment and remediation work for environmentally contaminated properties. Housing Property Acquisition Loans: Short-term loans are available to non-profit and for- profit developers who acquire property for mixed-income housing projects. north temple project area plan Page 15 Tax Increment Reimbursement Program: The RDA can reimburse property owners or developers for open-air and public space improvements, renovating a historic building to a vanilla shell status, and constructing underground or structured parking as part of a housing development. The RDA may create additional redevelopment programs in the future. Current programs are subject to change based on RDA Board direction and approval. 1(l) BENEFIT OF ANY FINANCIAL ASSISTANCE OR SUBSIDY PROPOSED TO BE PROVIDED BY RDA (i) Evaluation of reasonableness of the costs of the urban renewal: As the Project Area meets the statutory requirements for a designation of blight, the conclusion is that the Project Area is at a disadvantage for redevelopment opportunities. Poor infrastructure, environmental issues, and inappropriate land uses create additional challenges and limited opportunities for urban renewal. Such urban renewal activities will require substantial funding, as indicated in the attached Project Area Budget (see Exhibit C), the costs for which the RDA deems reasonable. (ii) Efforts RDA/Developer will make to maximize private investment: In order to induce quality developments in the Project Area, private investment from the development community is essential. In cases where the RDA can provide assistance, it will use Tax Increment to leverage private investment dollars. The RDA will partner with developers such that funds will be leveraged to provide a successful project for the community. All projects involving RDA-owned property will be subject to the City‟s Procurement Policy for bid acceptance and award. (iii) Rationale for use of Tax Increment: Tax Increment will help stimulate development in the community by establishing improvements in the Project Area that would not otherwise occur without public assistance. The North north temple project area plan Page 16 Temple Blight Study states that, “The North Temple Corridor and its residents and businesses will benefit from the addition of public and private investment in the proposed Project Area which will increase the local tax base.” While Taxing Entities will participate by forgoing a percentage of the growth over the life of the Project Area, the RDA‟s role of stimulating economic growth and eliminating blight will benefit the community and, in time, all of the Taxing Entities, as a result of increased assessed values. Private investment alone cannot be reasonably expected to achieve substantial economic growth in the near future because many property owners will not undertake significant investments in their property without assurance that other property owners will make similar investments in their properties. The RDA‟s programs are necessary to catalyze economic development in the Project Area. Without the RDA‟s incentives, substantial development in the future is not reasonably expected. (iv) Estimate of total tax increment and timeframe for which it will be expended: The RDA believes a 25-year tax increment collection period will be adequate to address urban renewal activities in the North Temple Project Area. The estimated total tax increment for this time frame is $75,080,783. 1(m) ANTICIPATED PUBLIC BENEFIT TO BE DERIVED FROM THE URBAN RENEWAL (i) Beneficial influences upon the tax base of the community: Through the redevelopment of underutilized properties, the Project Area Plan will produce a substantial increase in the property tax base and will promote private development and economic growth in the Project Area. New RDA- assisted developments will spur new job creation, as well as provide additional housing opportunities for the community. The extension of the light rail line along North Temple will provide an additional incentive for developers to focus their efforts in the Project Area. The result will be that new and refurbished north temple project area plan Page 17 retail and commercial business will be concentrated around rail stops, providing increased density and an increase in tax revenue. The RDA will assist existing business owners and new developers with loans and other financial incentives to improve the overall development of the Project Area. (ii) Associated business and economic activity likely to be stimulated: The RDA anticipates business and economic activity will be primarily stimulated near the light rail stations along North Temple. Additional development activity will most likely arise in specific RDA-targeted locations, such as the Folsom Corridor. Retail businesses are more likely to improve in the short term, but large developments could also arise in Project Area‟s formative years. In 2010, Salt Lake City adopted a new type of zoning designation along the North Temple Corridor called the “Transit Station Area District.” With the emergence of the new North Temple/Airport TRAX light rail line, this zoning designation will attract transit-oriented developments up to 90 feet high. Under the pre-existing Commercial Shopping Zoning designation, buildings were limited to 30 feet in height. Denser developments will provide additional tax base from the Project Area. (iii) Whether adoption of Project Area plan is necessary and appropriate to reduce or eliminate blight: The North Temple Project Area is challenged with blighted conditions that have not attracted any significant development for a number of years. The North Temple Corridor contains underutilized land uses and environmentally challenged properties. While the new light rail line installation along North Temple may stimulate some new development in the next five years, the RDA believes its involvement will not only expedite development, but ensure that the area is developed in a manner that maximizes an overall benefit for the community, while stimulating economic growth. RDA-induced development north temple project area plan Page 18 along the North Temple corridor will have a positive impact on the surrounding area, and spur additional development that will compliment the neighborhood. 1(n) IDENTIFY BUILDINGS IN PROJECT AREA THAT ARE ON NATIONAL REGISTER OF HISTORIC PLACES The Utah State Fairpark, registered on the National Register of Historic Places, contains a number of historic structures and are the primary historical resource in the Project Area. Another historically significant building in the Project Area listed on the National Register of Historic Places is the Hepworth House located at 725 West 200 North. Also within the Project Area is the Salt Lake City Northwest Historic District, roughly bounded by 1100 West, 600 North, 500 West, and North Temple. This area is recognized for its late Victorian and mid 19th century revival architecture. north temple project area plan Page 19 EXHIBIT A PROJECT AREA BOUNDARIES Beginning at a point that is N74°03‟53”W 114.40 feet from the North Quarter Corner of Section 3, Township 1 South, Range 1 West, Salt Lake Base and Meridian to a point on the west line of Redwood Road; thence along the west line of Redwood Road the following eight courses, N00°58‟43”W 159.08 feet; thence N03°33‟49”E 75.76 feet; thence N00°57‟51”W 93.09 feet; thence N00°59‟20”W 312.30 feet; thence N01°59‟12”E 164.71feet; thence N00°04‟15”E 610.39 feet; thence N00°39‟31”W 582.15 feet; thence N01°23‟18”W 222.51feet; thence N73°57‟17”E 109.56 feet to a point on the east line of Redwood Road; thence along the south line of parcel tax number 08-34-401-017 the following five courses S45°39‟15”E 523.83 feet; thence along a tangent curve to the left, length 593.94 feet, radius 2831.90 feet, chord bearing S51°39‟45”E chord 592.85 feet, central angle 12°01‟00”; thence S57°40‟15”E 288.58 feet; thence S89°59‟15”E 39.51feet; thence S00°00‟10”E 31.55 feet to a point on the north line of Sumner Avenue; thence along said line N89°59‟18”E 267.03 feet to a point on the east line of Cornell Street; thence along said line N00°02‟04”W 137.50 feet to a point on the center line of a vacated alley of Block Four, Agricultural Park Plat „B‟; thence along said center line N89°58‟37”E 320.10 feet to a point on the east line of 1460 West Street; thence along the east line of said street N00°00‟12”W 333.89 feet to the northwest corner of parcel tax number 08-34-428-012 a part of block 10, Jordan Plat „A‟ thence along the north line of said parcel N89°58‟37”E 188.75 feet to the west line of parcel tax number 08-34-428-011; thence along the west line of said parcel N00°00‟39”E 501.00 feet to the southwest corner of Salt Lake City Corporation Open Space Parcel tax number 08-34-428-003; thence along the south line of said parcel S61°29‟54”E 303.99 feet; thence S76°01‟08”E 80.54 feet to the southeast corner of said parcel; thence along the east line of said parcel N00°03‟44”W 17.58 feet to the southwest corner of Salt Lake City Corporation Jordan River Trail Parcel tax number 08-35-301-011; thence along the south line of said parcel S76°01‟07”E 166.83 feet; thence along a tangent curve to the right, length 162.00 feet, radius 355.00 feet, north temple project area plan Page 20 chord bearing S62°56‟44”E chord 160.60 feet, central angle 26°08‟46”; thence S49°52‟21”E 541.68 feet; thence S50°22‟18”E 377.82 feet to the point on the south line of said parcel; thence along the south line of said parcel N89°58‟21”E 55.67 feet to the southeast corner of said parcel; thence along the east line of said parcel N00°16‟08”E 147.34 feet to a point on the east line of Salt Lake County Parcel tax number 08-35-301-009 ; thence along the east line of said parcel the following three courses; N49°52‟43W 107.02 feet; thence N40°07‟17”E 140.02 feet; thence N48°37‟17”E 180.03 feet; thence along a tangent curve to the left, length 359.85 feet, radius 375.06, chord bearing N21°08‟08”E, chord 346.21 feet and central angle 54°58‟19” to a point on the south line of 300 North Street; thence N00°00‟54”W 128.54 to a point on the north line of 300 West; thence N89°56‟58”E 1441.28 feet along the north line of 300 West to a point on the east line of Marion Street; thence S00°02‟50”W 328.92 feet along the west line of Salt Lake City Parcel tax number 08- 35-329-002 to a point on the southwest corner of said parcel; thence S89°59‟44”E 431.34 feet along the south line of said property to the east line of 1000 West Street; thence S00°19‟51”W 456.89 feet along the east line of 1000 West to a point on the north line of 200 North; thence S89°44‟35”E 2337.36 feet to a point on the west N/A line of the I-15 Freeway; thence along the West N/A line of the I-15 Freeway the following thirteen courses S03°54‟09”W 291.85 feet; thence S04°08‟35” W 496.98 feet; thence S27°33‟29”W 149.12 feet; thence S19°05‟16”W 663.46 feet; thence S39°25‟52”E 43.68 feet; thence S23°36‟12”W 144.46 feet; thence S00°00‟41”E 155.23 feet; thence S17°23‟42”W 132.76 feet; thence S59°23‟59”W 94.76 feet; thence S15°57‟30”W 171.49 feet; thence S89°58‟22‟W 45.99 feet; thence S00°00‟41”E 165.08 feet; thence S14°52‟25”W 136.57 feet to the south line of First South Street; thence along the south line of 100 South Street S89°58‟34‟W 2638.96 feet to a point on the west line of vacated 1100 West Street; thence N00°01‟12”W 566.21 feet along the vacated line of 1100 West Street to a point on the north right of way fence of Union Pacific Rail Road as located in a Utah Power & Light Co. Boundary Survey number S93- 08-0458 Salt Lake County Surveyors Office; thence along the said Union Pacific Rail Road Boundary fence the following four courses S75°35‟30”W 272.37 feet; thence north temple project area plan Page 21 S76°13‟42”W 34.26 feet; thence S79°01‟10”W 302.28 feet; S82°08‟56”W 322.68 feet to a point on the east bank of the Jordan River; thence N88°31‟15”W 119.31 feet to a point on the west bank of the Jordan River corridor as depicted on Salt Lake City Atlas Plat 31; thence along the west bank of the Jordan River corridor the following six courses, a non-tangent curve to the right, length 150.77 feet, radius 1184.96 feet, chord bearing N05°07‟27”E chord 150.67 feet, central angle 07°17‟24”; thence S81°13‟52”E 5.00 feet; thence N08°46‟09”E 140.50 feet; thence along a tangent curve to the right, length 204.78 feet, radius 2259.97 feet, chord bearing N11°21‟54”E chord 204.71 feet, central angle 05°11‟30”; thence N13°57‟39”E 266.97 feet; thence along a non-tangent curve to the left, length 116.59 feet, radius 349.38 feet, chord bearing N04°34‟30”E chord 116.05 feet, central angle 19°07‟12” to a point on the north line of parcel tax number 08-35-353-006; thence S89°56‟25”W 406.97 feet along the north line of said parcel; thence S00°03‟34”E 396.78 feet along the west line of said parcel to a point on the south line of vacated South Temple Street; thence S89°58‟07”W 2167.88 feet along the south line of vacated South Temple Street to a point on the northeast corner of parcel tax number 15-03-201-001; thence S00°05‟15”W 520.00 feet to the southeast corner of said parcel; thence S89°58‟07”W 1001.68 feet along the south line of said parcel to a point on the east line of Redwood Road; thence S45°33‟23”W 264.74 feet to a point on the west line of Redwood Road; thence along the west line of Redwood Road the following four courses N02°30‟30”E 728.79 feet; thence N30°41‟11”W 31.45 feet; thence N00°58‟43”W 38.37 feet; thence N44°01‟17”E 13.54 feet to the point of beginning. Contains ± 18,272,466.48 sq. ft. or 419.478 acres, or approximately 319 acres of publicly and privately owned property, excluding public streets. north temple project area plan Page 22 EXHIBIT B PROJECT AREA MAP north temple project area plan Page 23 EXHIBIT C PROJECT AREA BUDGET NORTH TEMPLE URBAN RENEWAL DRAFT PROJECT AREA BUDGET (a) the base taxable value of property in the project area:121,481,871 1 (b) the projected tax increment expected to be generated within the project area (2011-2036)2:75,080,783 1,3 (c) the amount of tax increment expected to be shared with other taxing entities (25% of total):18,770,196 3 (d) the amount of tax increment expected to be used to implement the project area plan, including the estimated amount of tax increment to be used for land acquisition public improvements infrastructure improvements, loans, grants, and other incentives to private and public entities3: Housing Funds (20%)11,262,117 11,262,117 Redevelopment Activities (70%-75%)39,417,411 up to 42,232,940 Administrative Expenses (10%-5%)5,631,059 down to 2,815,529 56,310,587 56,310,587 (e) the tax increment expected to be used to cover the cost of administering the project area plan:up to 10% of budget (f) if the area from which tax increment is to be collected is less than the entire project area:n/a (i) the tax identification numbers of the parcels from which tax increment will be collected; or (ii) a legal description of the portion of the project area from which tax increment will be collected:n/a (g) for property that the agency owns and expects to sell, the expected total cost of the property to the agency and the expected selling price; and n/a (h) (i) for an urban renewal project area, the information required under Subsection 17C-2-201(1)(b) Project area budget -- Requirements for adopting -- Contesting the budget or procedure -- Time limit. (b) An urban renewal project area budget adopted on or after March 30, 2009 shall specify: (i) the number of tax years for which the agency will be allowed to receive tax increment from the project area; and 25 years (ii) the percentage of tax increment or maximum cumulative dollar amount of tax increment the agency is entitled to receive from the project area under the project area budget:75% 1 Based on 2011 taxable value data provided by Salt Lake County. Actual base taxable value for the Project Area will be based on fully adjusted 2011 taxable values when released in September 2011 by Salt Lake County. 2 Tax Increment will be collected over a period of 25 years commencing with tax year 2012 and ending with tax year 2036, unless the RDA defers the first year until 2013, in which case the period will end in tax year 2037. 3 Based on the assumption that the Project Area will generate $75,080,783 of Tax Increment for the duration of the Project Area Life. ATTACHMENT D: Map - Property Removed from North Temple Project Area Property to be Removed from North Temple Project Area, by Ownership Legend Private Railroad Power Co State Parcels Removed from North Temple Project AreaNorth Temple Project Area This page has intentionally been left blank