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REDEVELOPMENT AGENCY OF SALT LAKE CITY
RESOLUTION NO. R-1-2020
Survey Area Resolution to Initiate the Creation of the Proposed University of Utah Research Park Project Area
SURVEY AREA RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY FOR THE PROPOSED UNIVERSITY OF UTAH RESEARCH PARK PROJECT AREA
WHEREAS, the Redevelopment Agency of Salt Lake City (the “RDA”) proposes to create a community reinvestment project area within an area depicted on Exhibit A attached hereto (the “Proposed University of Utah Research Park Project Area”).
WHEREAS, pursuant to Utah Code 17C-5-103(l), the Board desires to initiate the process of adopting a community reinvestment project plan for the Proposed University of Utah Research Park Project Area by adopting this survey area resolution.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF SALT LAKE CITY IN ACCORDANCE WITH UTAH CODE 17C-5-103(1) THAT:
1. The geographic area and map shown on Exhibit A is the survey area for the Proposed University of Utah Research Park Project Area.
2. The Proposed University of Utah Research Park Project Area requires study to determine whether project area development is feasible within the survey area.
3. The Board authorizes the RDA to prepare a proposed community reinvestment project area plan for the Proposed University of Utah Research Park Project Area.
4. The Board authorizes the RDA to conduct any examination, investigation, or negotiation that the RDA considers appropriate in connection with the Proposed University of Utah Research Park Project Area.
Passed by the Board of Directors of the Redevelopment Agency of Salt Lake City, this 14th day of January, 2020.