AGENDA
REDEVELOPMENT AGENCY OF SALT LAKE CITY
January 12, 2016 - Tuesday 2:00 PM
451 South State Street Room 326
Salt Lake City, UT 84111
1. Roll Call.
2. Briefing by the Staff.
3. Approval of the Minutes from the Meeting held December 8, 2015.
4. Report of the Chief Administrative Officer.
5. Public Comments.
The RDA Board will accept public comments regarding Redevelopment Agency business in the following formats:
1. Written comments may be submitted to the RDA offices, 451 South State Suite 418, Salt Lake City, UT no later than two hours prior to the meeting start time on the day of the meeting.
2. Verbal comments of two minutes or less will be accepted at the RDA Board meeting.
6. Redevelopment Business/Routine Matters.
A. Election of Chair & Vice-Chairperson
The Board will nominate and elect a member to serve as the Chair and Vice-Chair of the RDA.
B. RDA Disclosure Forms
RDA Staff will distribute and collect forms enabling Board Members to identify and declare any potential conflicts of interest.
C. Open Meetings Training
RDA Legal Counsel will present information to the Board regarding compliance with the Open Meetings Act.
D. Briefing on Key Changes Proposed in New RDA Legislation
RDA staff is providing a briefing on proposed changes to RDA legislation during the 2016 Utah State Legislative session.
7. Redevelopment Business/Old Business.
A. Consideration and Adoption of a Resolution to Enter into an Exclusive Negotiations Agreement for Development of the Utah Paperbox Property.
The joint venture of PEG Development and Clearwater Homes is seeking approval to enter into an Exclusive Negotiations Agreement pursuant to the development of the Utah Paperbox property.
B. Update on the CDA Creation Process for the 9-Line and State Street Project Areas.
Staff will update the Board on the process and schedule for creating the 9 Line and State Street Project Areas.
C. Modifications to the RDA’s Tax Increment Reimbursement Program.
Staff will present modifications to the RDA’s Tax Increment Reimbursement Program for consideration and approval.
8. Redevelopment Business/New Business.
A. Housing Funding Update
Staff will present an overview of current housing activities to inform a policy discussion on the RDA’s housing strategy.
B. Consideration and Adoption of a Resolution Approving the Term Sheet for a Loan Request from 10 Clift, LLC to Fund Renovations to the Clift Building at 10 West Broadway in the Central Business District Project Area.
10 Clift, LLC is seeking approval of a Building Renovation Loan for the Clift Building, a historic building located at 10 West Broadway.
C. Howa Garden Proposal
Discussion regarding the temporary re-use of RDA-owned property in the Depot District to be used as a space for a job training garden for homeless women.
9. Consent.
None.
10. Written Briefings.
A. Status Report on RDA Loan Portfolio
Semiannually, staff provides an update to the Board and RAC on the current status of the Agency’s loan portfolio.
11. Closed Meeting.
A. Consider Adopting A Motion To Enter Into A Closed Meeting In Keeping With Utah Code To Discuss Pending Litigation and/or The Acquisition/Disposition Of Real Property and/or Attorney-Client Matters That Are Privileged Pursuant To Utah Code Ann. § 78b-1-137(2).
12. Adjournment.
Public comment items will be taken in writing by 12:00 the day of the meeting (deliver to RDA offices 451 South State Suite 418) or a two minute oral comment may be made at the meeting.
In accordance with State Statute, RDA Resolution and policy, one or more Board Members may be connected via speakerphone. After 5:00 p.m., please enter the City & County Building through the main east entrance.
Notice of Special Accommodations in Compliance with the Americans with Disabilities Act:
•Please make requests for reasonable accommodation at least three working days prior to RDA Board meetings by calling the RDA Offices at 801-535-7240
•The City and County Building is an accessible facility with an entrance located on the street level just south of the east stairs.