18 of 2024 - Property Disposition - Sugar HouseREDEVELOPMENT AGENCY OF SALT LAKE CITY
RESOLUTION N0_1_8 __ 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 CERTAIN PROPERTY LOCATED IN SUGAR HOUSE.
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 approximately 1085 East Simpson Avenue, 1095 East Simpson Avenue, and 2234 South
Highland Drive associated with the following parcel numbers: 16-20-252-001-0000, 16-20-252- 002-0000, 16-20-252-003-0000, and 16-20-252-008-0000. These parcels are also known as the RDA Properties.
WHEREAS, the RDA, Salt Lake City Corporation (City), and the Utah Transit Authority are cooperatively working togetherto expand the S-Line so that the line tenninates at Highland Drive (Project). WHEREAS, as part of the expansion of the S-Line, the parties desire to utilize part of the RDA Properties forthe Project. A depiction of this portion of Property is attached as Exhibit A (Property). WHEREAS, the RDA desires to transfer the Property to the City at fully reduced sales price in exchange forthe City utilizing the Property forthe Project.
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 forS00.00.
Passed by the Board of Directors of the Redevelopment Agency of Salt Lake City, Utah, this 8th day of October , 2024, to be effective upon adoption.
Alejandro Puy, Chair
7
Sugar House Property Disposition to Salt Lake City Corporation
The Executive Director.
does not request reconsideration
requests reconsideration at the next regular Agency meeting
Erin Mendenhall, Executive Director
Attest:
City Recorder
2
8
Allison Parks, Salt Lake City Attorney's Office
10/21/2024
Erin Mendenhall (Oct 24, 2024 07:58 MDT)
4
ind4 Tri.h(an (Oct 24, 2024 2 MDT)
Depiction
of
the
Portion
of
the
RDA
Property
to
be
transferred
to
Salt
Lake
City
to
accommodate
expansion
of
the
S-
Line.
J
SLC
PROPERTY = -
2,
993
sf
or-
0.
07
acres
SLC
ROAD/
SIDEWALK
PROPERTY =-
17,
605
sf
or -
0.
40
acres
J
J
Resolution 18 of 2024 - Property Disposition -
Sugar House
Final Audit Report 2024-10-24
Created:2024-10-17
By:STEPHANIE ELLIOTT (STEPHANIE.ELLIOTT@slc.gov)
Status:Signed
Transaction ID:CBJCHBCAABAA4KwzTxpsBqnZZkffUkzWel6fIIGT3SSF
Resolution 18 of 2024 - Property Disposition - Sugar House" Hi
story
Document created by STEPHANIE ELLIOTT (STEPHANIE.ELLIOTT@slc.gov)
2024-10-17 - 7:57:23 PM GMT
Document emailed to Allison Parks (allison.parks@slc.gov) for signature
2024-10-17 - 7:58:38 PM GMT
Email viewed by Allison Parks (allison.parks@slc.gov)
2024-10-21 - 2:27:05 PM GMT
Document e-signed by Allison Parks (allison.parks@slc.gov)
Signature Date: 2024-10-21 - 2:28:09 PM GMT - Time Source: server
Document emailed to alejandro.puy@slc.gov for signature
2024-10-21 - 2:28:11 PM GMT
Email viewed by alejandro.puy@slc.gov
2024-10-21 - 7:14:36 PM GMT
Signer alejandro.puy@slc.gov entered name at signing as Alejandro Puy
2024-10-21 - 10:40:00 PM GMT
Document e-signed by Alejandro Puy (alejandro.puy@slc.gov)
Signature Date: 2024-10-21 - 10:40:02 PM GMT - Time Source: server
Document emailed to Erin Mendenhall (erin.mendenhall@slc.gov) for signature
2024-10-21 - 10:40:04 PM GMT
Email viewed by Erin Mendenhall (erin.mendenhall@slc.gov)
2024-10-22 - 3:54:46 AM GMT
Document e-signed by Erin Mendenhall (erin.mendenhall@slc.gov)
Signature Date: 2024-10-24 - 1:58:07 PM GMT - Time Source: server
Document emailed to Cindy Trishman (cindy.trishman@slc.gov) for signature
2024-10-24 - 1:58:09 PM GMT
Document e-signed by Cindy Trishman (cindy.trishman@slc.gov)
Signature Date: 2024-10-24 - 10:23:43 PM GMT - Time Source: server
Agreement completed.
2024-10-24 - 10:23:43 PM GMT