Click here to view entire resolution
RESOLUTION NO. 44 OF 2019
Approving the Allocations for Funding Our Future: Housing Programs
WHEREAS, the Salt Lake City Council (the “Council”) appropriated $1,775,000 in revenues from Funding Our Future (Sales Tax) to be used for certain housing programs; and
WHEREAS, pursuant to Ordinance 47 of 2019, the Council allocated funds for certain housing programs (the “Housing Programs”) and approved a process to distribute such funds called the FY20 Process – Funding Our Future: Housing Programs (the “FY20 Process”); and
WHEREAS, the Division of Housing and Neighborhood Development (“HAND”) staff facilitated an application and review process pursuant to the FY20 Process that resulted in 15 applications for funding requests totaling $3,270,290.92; and
WHEREAS, HAND staff and the Mayor have reviewed the applications and available funding for each Housing Program as set forth in Ordinance 47 of 2019; and
WHEREAS, the Mayor recommends that the Council approve the funding allocations for approved applicants as described on Exhibit A (the FY 19/20 Funding Our Future Application Log).
NOW THEREFORE, BE IT RESOLVED by the City Council of Salt Lake City, Utah:
1. That the City Council hereby approves the funding allocations for FY 19/20 Funding Our Future: Housing Programs to approved applicants as further described on Exhibit B (the FY 19/20 Funding Our Future Council Appropriation Log).
2. That Jacqueline M. Biskupski, Mayor of Salt Lake City, Utah, on behalf of Salt Lake City Corporation is hereby authorized to negotiate and execute with approved applicants the requisite documents consistent with the funding allocations contained on Exhibit B, and incorporating such other terms and agreements as recommended by the City Attorney’s office, and to act in accordance with their terms.
Passed by the City Council of Salt Lake City, Utah, this 10th day of December, 2019.