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HomeMy WebLinkAboutProposed Resolution - 5/6/2025 SALT LAKE CITY COMMUNITY REINVESTMENT AGENCY RESOLUTION NO__________ Adopting the Tentative Budget of the Salt Lake City Community Reinvestment Agency of Salt Lake City, Utah for Fiscal Year 2025-2026 A resolution of the Board of Directors of the Salt Lake City Community Reinvestment Agency of Salt Lake City, Utah adopting the tentative budget for the fiscal year beginning July 1, 2025 and ending June 30, 2026. WHEREAS, pursuant to Resolution No. 77204/R-31-2016, the Board of Directors (“Board”) of the Salt Lake City Community Reinvestment Agency (“Agency”) adopted a budget policy requiring the Agency, to the extent possible, to abide by all processes and procedures outlined in the Uniform Fiscal Procedures Act for Utah Cities (“Fiscal Procedures Act”); and WHEREAS, the Executive Director of the Agency has filed a tentative budget with the Board; and WHEREAS, under the Fiscal Procedures Act, the Board is required to review, consider, and adopt the tentative budget in a regular or special hearing called for that purpose; and WHEREAS, the tentative budget adopted by the Board and all supporting schedules and data shall be a public record available for public inspection for a period of at least ten days before the adoption of the final budget. NOW, THEREFORE, be it resolved by the Board of Directors of the Salt Lake City Community Reinvestment Agency that the tentative budget for the Agency for the fiscal year 2025-2026 attached hereto is hereby adopted as the Agency’s tentative budget and will be filed and maintained as a public record, available for public inspection at the Office of the City Recorder located in the City and County Building, 451 South State Street, Room 415, Salt Lake City, Utah, until adoption of the final budget. Passed by the Board of Directors of the Salt Lake City Community Reinvestment Agency, this ____ day of May, 2025. _________________________ Darin Mano Chair The Executive Director: ____ does not request reconsideration ____ requests reconsideration at the next regular Agency meeting _________________________ Erin Mendenhall, Executive Director Attest: _________________________ Keith Reynolds, City Recorder APPROVED AS TO FORM Office of the City Attorney Date: ___________________________ By: /s/ Jennifer Huntsman Jennifer Huntsman, Senior City Attorney