HomeMy WebLinkAbout20 of 2024 - Property Disposition - Sugar House 900 East and Sugarmont DriveREDEVELOPMENT AGENCY OF SALT LAKE CITY
RESOLUTION NO__________
Sugar House Property Disposition to Utah Transit Authority
RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY
OF SALT LAKE CITY APPROVING THE TERMS OF THE DISPOSITION TO UTAH
TRANSIT AUTHORITY 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 located at
approximately 2211 South 900 East and 1015 East Sugarmont Drive associated with the
following parcel numbers: 16-20-135-021-0000 and 16-20-205-021-0000 (collectively referred
to herein as Property). The Property is more particularly depicted on Exhibit A.
WHEREAS, as part of the development of the S-Line in the early 2010s, UTA
constructed certain equipment and buildings on the Property.
WHEREAS, the RDA desires to transfer the Property to UTA at fully reduced sales price.
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 UTA for $00.00 on the condition that the deed contain a right of reverter to
benefit the RDA.
Passed by the Board of Directors of the Redevelopment Agency of Salt Lake City, Utah,
this day of , 2024, to be effective upon adoption.
________________________________
Alejandro Puy, Chair
20 of 2024
12th November
Alejandro Puy (Dec 1, 2024 14:22 MST)
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Approved as to form: __________________________________
Salt Lake City Attorney’s Office
Allison Parks
The Executive Director:
____ does not request reconsideration
____ requests reconsideration at the next regular Agency meeting
________________________________
Erin Mendenhall, Executive Director
Attest:
_________________________
City Recorder
Erin Mendenhall (Dec 3, 2024 20:33 MST)
4
ind4 Tri.h(an (Dec х, 2024 р3:0х MST)
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EXHIBIT A
RDA-Owned S-Line Adjacent Property 2211 S 900 E
Parcel 16-20-135-021-0000 Total Acreage 0.04
LOT 1-B, SUGARHOUSE STREET CAR SUB.
RDA-Owned S-Line Adjacent Property 1015 E SUGARMONT DR
Parcel 16-20-205-021-0000 Total Acreage 0.06
LOT 1-A, SUGARHOUSE STREET CAR SUB.
*Adopted November 12, 2024* - RDA
Resolution 20 of 2024 Property Disposition
Sugar House 900 East and Sugarmontrmont Dr
Final Audit Report 2024-12-06
Created:2024-11-15
By:DeeDee Robinson (deedee.robinson@slc.gov)
Status:Signed
Transaction ID:CBJCHBCAABAAjzKGUBIhK6dnbtidIhxBADM427qnyCxV
"*Adopted November 12, 2024* - RDA Resolution 20 of 2024 Pr
operty Disposition Sugar House 900 East and Sugarmontrmont
Dr" History
Document created by DeeDee Robinson (deedee.robinson@slc.gov)
2024-11-15 - 10:22:17 PM GMT
Document emailed to Allison Parks (allison.parks@slc.gov) for signature
2024-11-15 - 10:30:01 PM GMT
Email viewed by Allison Parks (allison.parks@slc.gov)
2024-11-16 - 0:26:20 AM GMT
Document e-signed by Allison Parks (allison.parks@slc.gov)
Signature Date: 2024-11-16 - 0:26:44 AM GMT - Time Source: server
Document emailed to alejandro.puy@slc.gov for signature
2024-11-16 - 0:26:46 AM GMT
Email viewed by alejandro.puy@slc.gov
2024-11-16 - 11:30:10 AM GMT
Email viewed by alejandro.puy@slc.gov
2024-11-20 - 1:23:28 AM GMT
Email viewed by alejandro.puy@slc.gov
2024-11-21 - 5:11:53 AM GMT
Email viewed by alejandro.puy@slc.gov
2024-11-30 - 6:43:44 AM GMT
Email viewed by alejandro.puy@slc.gov
2024-12-01 - 2:39:50 AM GMT
Signer alejandro.puy@slc.gov entered name at signing as Alejandro Puy
2024-12-01 - 9:22:21 PM GMT
Document e-signed by Alejandro Puy (alejandro.puy@slc.gov)
Signature Date: 2024-12-01 - 9:22:23 PM GMT - Time Source: server
Document emailed to Erin Mendenhall (erin.mendenhall@slc.gov) for signature
2024-12-01 - 9:22:24 PM GMT
Email viewed by Erin Mendenhall (erin.mendenhall@slc.gov)
2024-12-01 - 9:29:31 PM GMT
Document e-signed by Erin Mendenhall (erin.mendenhall@slc.gov)
Signature Date: 2024-12-04 - 3:33:36 AM GMT - Time Source: server
Document emailed to Cindy Trishman (cindy.trishman@slc.gov) for signature
2024-12-04 - 3:33:38 AM GMT
Document e-signed by Cindy Trishman (cindy.trishman@slc.gov)
Signature Date: 2024-12-06 - 8:06:27 PM GMT - Time Source: server
Agreement completed.
2024-12-06 - 8:06:27 PM GMT