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Motion Sheet - 11/19/2024Item F3 CITY COUNCIL OF SALT LAKE CITY 451 SOUTH STATE STREET, ROOM 304 P.O. BOX 145476, SALT LAKE CITY, UTAH 84114-5476 SLCCOUNCIL.COM TEL 801-535-7600 FAX 801-535-7651 MOTION SHEET CITY COUNCIL of SALT LAKE CITY TO:City Council Members FROM: Austin Kimmel Public Policy Analyst DATE:November 19, 2024 RE: ORDINANCE: ECONOMIC DEVELOPMENT LOAN FUND LOAN TO GK FOLKS FOUNDATION, AT 1506 SOUTH REDWOOD ROAD MOTION 1 – ADOPT ORDINANCE I move that the Council adopt the ordinance approving a $250,000 loan for GK Folks Foundation from the Economic Development Loan Fund. MOTION 2 – NOT ADOPT I move that the Council not adopt the ordinance, and proceed to the next agenda item.