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HomeMy WebLinkAboutCouncil Provided Information - 1/20/2026CITY 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 COUNCIL STAFF REPORT CITY COUNCIL of SALT LAKE CITY TO:City Council Members FROM: Jennifer Bruno & Kate Werrett Budget & Policy Analysts DATE:January 20, 2026 RE:Silo Park Public Infrastructure District Creation Petition ISSUE AT-A-GLANCE On November 24, 2025, the Administration received the attached petition requesting the creation of the Silo Park Public Infrastructure District (Silos PID). The petition area is located at approximately 470 West 600 South. The attached certification acknowledges receipt of the petition and confirms that it complies with the requirements outlined in Utah Code section 17D-4. The proposed district would assist with financing the construction of public infrastructure related to development, including construction and maintenance of a right-of-way (a curb, a gutter, a sidewalk, a street, a road, a water line, a sewage line, a storm drain, an electricity line, a communications line, a natural gas line, or street lighting). The petitioners include: Joseph McKay, representing Olympus QOZB, LLC; Silos South Apartments Building 3, LLC; Silos Midblock QOZB, LLC; and Silos South Apartments, LLC. Utah Code, section 17D-4, outlines the creation, governance, and powers of a public infrastructure district. According to the statute the city must hold a public hearing at the start of the process. A decision on the creation of the PID will not be made on January 20. More discussions will be held before a final decision is requested. ATTACHMENTS 1. Petition Requesting the Creation of Silo Park Public Infrastructure District 2. Certification of Petition Requesting the Creation of Silo Park Public Infrastructure District 3. Utah Code, Section 17D-4 Project Timeline: Set Date: January 13, 2026 Briefing: January 20, 2026 Public Hearing: January 20, 2026 Potential Action: To be determined