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From YouTube: Redevelopment Agency (RDA) Meeting - 8/21/2018
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A
Redevelopment
Agency
meeting
for
the
21st
of
August
2018.
We
are
going
to
kick
off
this
meeting
with
general
comments
to
the
board.
As
a
reminder,
we
accept
public
comment
either
in
written
form
in
a
physical
piece
of
paper
or
a
comment
card.
You
can
email
us,
you
can
set
up
one-on-one
meetings
or
we
offer
two
minutes
for
each
person
to
speak
to
us
today
here
to
the
full
body.
A
Just
for
the
record
I'd
like
to
note
that
we
have
received
a
physical
letter
from
Justin
Moran
regarding
the
State
Street
project
area
creation
and
I
have
to
comment
cards
here.
The
first
is
for
Kyle
limb,
alpha,
followed
by
Santiago
Rodriguez,
so
mister
lamothe.
If
you'd
like
to
come
up,
we'll
give
you
two
minutes.
B
Greetings.
Council
members-
this
I'm
here
to
speak
about
the
creation
of
the
nine
line,
RDA
area
and
I
just
wanted
to
tell
you
a
little
story
about
how
it
was.
The
genesis
of
the
idea
was
back
in
2014
and
the
genesis
of
this
idea
came
when
I
noticed
that
in
the
primary
business
node
of
the
whole
neighborhood
ninth
to
9th
west,
there
was
a
smoke
shop
on
each
corner
of
the
block,
a
smoke
shop
on
all
four
corners
and
I
thought
man,
our
neighborhood.
B
We
can
do
better
than
this,
and
but
we
didn't
really
have
any
tools
to
work
with.
But
when
I
was
sitting
into
your
chair,
mr.
chair
I
realized
that
the
RDA
was
a
perfect
tool
and
the
time
the
executive
director,
DJ
Baxter,
said
man,
you
don't
want,
you
don't
want
an
RDA.
You
want
a
CDA
C
with
an
RDA.
It
takes
two
years
to
get
this
done
and
was
a
CDA.
We
can
get
it
done
in
six
months.
B
B
A
C
A
While
we're
waiting
for
these
common
cards,
I'd
also
like
to
note
for
the
public
that
we
have
two
public
hearings
today,
one
on
the
new
project
create
new
project
area
creation
for
nine
line
and
State
Street.
Also
for
our
budget
amendment
number
one
for
fiscal
year,
2019
I'd
like
to
note
that,
after
that
public
comment,
we
have
a
closed
session
with
our
legal
counsel
to
discuss
real
property
acquisition
so
be
prepared
for
that.
D
Yeah,
my
name
is
Dan
Potts
I'm,
a
resident,
a
longtime
resident
of
the
Westside
and
a
poplar
grove
and
I
I,
looked
at
the
draft
plan
for
the
RTA
and
I
I.
Think
it's
a
it's
a
great
start,
but
again
it's
a
draft
everyone.
Many
of
the
people
here
know
Charlie
and
James
and
Andrew
know
that
and
Aaron
also
know
that
that
I'm
kind
of
a
nature
guy-
and
so
you
know,
for
quality
of
life
and
and
and
and
living
on
the
west
side.
D
We
lean
on
on
an
old
not
that
old
plan
called
the
the
the
blueprint
Jordan
River
and
that
that
plan
that
study,
that
they
did
indicated
that
what
citizens
really
really
really
wanted
was
was
not
more
sports
fields
or
more
development.
Of
all
these
kinds,
the
people
along
the
Jordan
River
corridor
and
along
the
nine
line,
really
really
really
want
nature.
They
want,
they
want
more
nature,
we've
sprawled
to
death,
and-
and
and
here
we
are
and-
and
you
know
this
RDA
will
be
really
great
for
improving
conditions.
D
I've
got
a
couple
of
general
comments,
improvements
in
the
community's
desire
to
improve
connections
to
nature,
as
reflected
in
the
blueprint,
Jordan
River,
and
also
improvement
in
the
city's
overall,
you
overuse
of
culinary
water
through
conservation
efforts,
and
so
there's
a
couple
of
projects
on
the
back
side.
That
kind
of
reflect
those
time
things
if.
A
You
want
to
hand
that
to
Becky
here
in
the
purple
so
can
make
copies
and
give
it
to
the
board
members.
Thank
you,
Dan
all
right.
Anybody
else
in
the
audience
like
to
give
us
your
general
comments
to
the
board
today.
That
being
said,
we
will
sure,
if
you
would,
what
am
I
coming
up
to
the
the
mic
state?
Your
name
and
we'll
give
you
two
minutes.
E
From
what
I
understand
we're
going
to
have
a
walking
trail
bike
trail,
and
we
already
have
a
lot
of
families
that
come
by,
and
people
on
bikes
you
know
and
a
lot
of
times,
they'll
stop
or
they'll
just
make
their
way
there
just
to
see
the
animals
to
go.
The
ponies,
and
so
I'm
really
excited
about
this
and
looking
forward
to
having
the
trail.
A
Thank
you
so
much
for
your
comments.
Anybody
else
all
right,
moving
right
along.
We
are
item
B
b1,
which
is
the
open
public
comment
for
nine
line
and
State
Street,
as
opposed
to
general
comments
to
the
board.
Anybody
else
want
to
speak
to
the
the
project
areas.
I
have
no
cards
on
me.
Okay.
Item
b2
is
a
public
comment
for
our
first
budget
amendment
for
fiscal
year,
2019.
A
A
It's
been
moved
by
board
member
Luke
and
a
second
by
board
member
Fowler,
all
those
in
favor
aye
and
that
motion
carries
those
public
hearings
are
closed.
Okay,
I'm,
actually
gonna
push
the
closed
session
until
after
adoption
of
the
two
project
areas.
If
that's
okay,
with
my
board
members
here,
okay,
great,
so
we're
gonna
go
on
to
item.
A
Let's
see
we're
gonna
jump
all
the
way
to
item
number
four
on
our
agenda,
which
is
the
adoption
of
the
State
Street
and
nine
line
community
reinvestment
area
of
final
plans
and
at
the
desk
we
have
Tammy
from
the
RTA.
We
have
Susan
Munn
mark
from
the
RTA,
as
well
as
the
CEO
of
our
Redevelopment
Agency
Danny
Wald's,
all
right
Danny!
Do
you
want
to
kick
it
off,
be.
G
F
And
be
presenting
with
you
the
final
draft
of
the
redevelopment
plans
for
the
nine
line
in
stage
three
project
areas
to
start.
If
the
the
request
of
the
chair
I'd
like
to
turn
it
over
to
Tammy
and
Susan,
just
give
a
quick
update
on
where
we're
at
and
kind
of
some
feedback
on
the
the
outreach
that
they've
done
to
get
us
here
and
then
open
up
to
any
questions
of
the
board.
All.
A
Right
we'll
give
it
over
to
Tammy
and
Susan
and
before
you
begin,
if
you
could
just
let
us
know
if
you
can
recall
the
first
time
like
a
date,
the
first
time
you
actually
went
to
the
community
with
any
sort
of
information
or
soliciting
feedback
on
these
two
project
areas.
I'd
love
to
know
on
that
early.
G
Going
back
all
the
way
to
April
of
2016,
that's
when
the
board
actually
adopted
two
resolutions
authorizing
the
survey
boundaries
for
the
two
areas
and
since
then
our
DEA
staff
we've.
As
we
just
discussed,
we've
conducted
a
community
outreach
campaign,
we've
coordinated
internally
with
divisions
and
departments.
We've
worked
with
a
consultant
to
complete
draft
public
benefit
analysis,
analyses
for
both
of
them.
We've
drafted
the
plans
we've
held
preliminary
discussions
with
taxing
nad
partners.
G
We've
worked
with
the
city
surveyor
to
develop
legal
descriptions,
we've
provided
the
30-day
public
notice,
which
is
why
I
think
there's
so
many
people
in
our
audience
at
pursuant
to
state
law
and
we've
conducted
a
second
phase
of
the
community
outreach
campaign
which
was
going
back
out
into
the
community
to
check
in
to
see
if
we
got
it
right
with
the
draft
plans.
So
today,
for
your
consideration,
we
have
the
final
draft.
If
the
board
wishes
it
can
be
adopted
via
RDA
resolution.
G
If
it's
adopted,
the
next
steps
in
the
process
is
adopting
it
via
city
ordinance
by
the
Salt
Lake,
City
Council,
and
then
RDA
staff
will
go
back
out
and
continue
negotiations
with
taxing
entity
partners
and
then
the
next
step
in
that
is.
If
taxing
entity
partners
select
to
participate,
we
will
enter
into
a
separate
an
interlocal
agreement
with
each
of
those
taxing
entity
partners.
G
So
a
high-level
summary
of
what
Eilidh
the
nine-line
plan
and
the
community
outreach
actually
was
launched
in
May
of
2016,
with
a
really
large
open
house
at
the
community,
Sorensen
Unity
Center.
We
also
did
a
neighborhood
questionnaire.
We
worked
with
community
united
to
reach
out
to
the
Hispanic
community,
in
particular,
just
because
of
the
large
spanish-speaking
population.
On
the
west
side,
we
received
about
700
responses
to
that
questionnaire.
G
We've
been
in
community
events
since
2016
checking
in
with
the
community
getting
their
feedback
and
then
ultimately,
making
sure
that
we
got
it
right
with
the
draft
plan.
Susan
I
also
so
collaborative
collaboratively,
went
out
to
different
stakeholders
within
the
neighborhood
and
within
the
larger
Salt
Lake
City
community
we've
met
with
governmental
agencies,
local
businesses,
schools,
we've
gone
to
school
community
councils,
I've
been
back
in
out
in
the
community
more
recently
groove
in
the
Grove
Rose
Park
Community
Fair,
the
Fisher
mansion,
fest,
Sorensen
unity,
fair
back
out
to
the
community
councils
and
overwhelmingly
I
think.
G
As
far
as
the
nine
line
goes,
feedbacks
been
positive.
There
are
some
misconceptions
that
do
happen
with
RTA
areas
about
eminent
domain
and
what
the
city
will
do
in
the
neighborhood
and
if
taxes
will
increase,
but
once
community
members
realize
what
the
RTA
is
and
what
will
happen.
They're
generally
supportive
of
the
area,
so
I'll
turn
it
over
to
Sue's
to
talk
about
outreach
with
State
Street
thanks.
H
Yeah
I'll
just
go
through
it
really
quickly,
it's
very
similar,
so
it
was
done
for
the
nine
line,
but
we
kicked
off
in
our
first
open
house,
was
in
March
of
2016
and
staff
attended
a
few
community
council
meetings
prior
to
that
to
let
community
councils
know
that
that
first
one
was
coming
up.
In
March
we
held
two
open
houses
for
State
Street,
one
at
Horizonte
school
and
one
at
the
Salt
Lake
County
complex,
which
was
done
in
May
at
the
Salt
Lake
County
Complex,
and
then
attended
community
council
meetings.
H
Some
people
have
expressed
ambivalence
in
terms
of
they're,
really
excited
about
the
opportunity
for
reinvestment
concerned
that
their
property
taxes
will
go
up,
and
that
is
two
sides
of
that
coin.
That
people
are
talking
about
and
discussing,
but
all
in
all
I
think
for
the
most
part,
it's
been
very
favorable
in
terms
of
what
kinds
of
tools
and
programs
the
arti
you
can
introduce
into
this
area.
I
A
J
F
Not
considered
that
prior
to
the
comment
earlier
in
the
end,
the
question:
now
it's
certainly
something
you
can
do
and
that's
certainly
something
that
could
be
part
of
the
negotiation
of
the
interlocal
agreement
with
the
entities.
I
mean
that's
just
like
any
other
term
that
they
would
agree
to
I.
Think.
J
It
would
be
interesting
for
the
board
to
see
when
other
project
areas
have
been
created.
How
often
that
hazard
has
not
happened,
and
maybe
under
what
context
it
is,
it
has
happened
like
the
backdating
yeah.
The
considerations
that
pass
boards
are
taken
in
doing
any
backdating
gen
looks
like
she
might
have
a
thought,
though.
I'm.
K
Thinking
back
to
the
project
areas
that
have
been
created
since
I've
been
here
and
most
of
them,
most
of
them
have
not
taken
two
and
a
half
years
and
so
I
think
they're
not
entirely
analogous
situations.
But
certainly
the
analysis
started
in
earnest
when
the
plan
was
almost
ready
to
be
adopted,
and
so
the
base
year
was
usually
that
analysis
year.
But
maybe
maybe
it's
actually
a
question.
G
F
F
J
In
looking
at
State
Street,
which
you
and
I
share
through
our
districts
there
and
the
amount
of
housing
increase
in
our
city,
a
good
deal
of
that
has
happened.
All
part
of
that
has
happened
within
this,
the
State
Street
project
area
and
it
in
the
two
and
a
half
years.
It's
taken
us
to
get
to
this
point.
I've
often
wished
I
wish.
J
A
Right
so
we
won't
put
them
on
a
spot
now,
but
we
will
request
from
our
attorney's
office
and
I'm
looking
behind
Danny
at
Katie
Lewis,
our
DA
attorney,
and
is
that
a
fair
request,
great
Danny
I,
don't
want
to
put
you
on
the
spot
either.
But
if
you
do
have
thoughts
right
now,
can
you
think
about
pros
and
cons
of
backdating
or
not
I?.
F
F
So
you
would
definitely
have
the
opportunity
to
have
some
significant
tax
increment
come
in
right
away
year.
One
I
think
the
biggest
con
would
be
reaching
out
to
those
entities
and
what
that
perception
would
be
and/or
if
by
doing
that,
backdating
that
actually
has
an
impact
on
the
budget
and
the
money
that
they
have
received
for
the
past
four
years.
F
J
A
J
Was
just
going
to
say
that
perhaps
when
they
do
an
analysis,
they
could
look
at
different
scenarios
through
which
those
taxing
entities
could
make
those
contributions.
If
there
is
a
back
dating
it
could
be
certain
percentages
over
the
next
five
years
or
something
I'm
sure
there's
a
few
scenarios
they
could
come
up
with.
That
would
make
it
less
cumbersome.
J
L
Chair,
it's
quite
a
bit
of
money
too
we're
talking
four
million
a
year,
potentially,
which
is
much
more
than
one
hundred
and
some
one
thousand
we
talked
about
before
they
got
taken
out
for
the
seed
money,
so
it
would
be
a
massive
benefit,
but
you're
right.
That's
not
a
small
amount
of
change
for
these
taxing
entities,
so
I
would
endorse
that
over
the
other
alternatives
we
may
or
may
not
have
the
loans
and
other
things,
but
as
well
bring
back
the
alone
concept
we've
talked
about
before.
A
K
A
A
L
J
A
E
A
Becky
or
somebody
from
the
City
Council
office,
could
you
help
this
constituent
over
here
and
can
I
have
Tamara
Wharton
raise
your
hand?
Okay,
that's
her
we're
gonna
hold.
So
we've
received
a
comment
card
from
Tamara.
Did
you
still
want
to
speak
to
the
City
Council
or
the
RTA
board?
Okay,
we
have
closed
this
public
hearing,
so
I'm
gonna
look
to
the
board
for
a
motion
to
reopen
the
public
hearing.
If
you
guys
would
like
to
give
Tamara
an
opportunity
to
speak
to
the
RTA
board,.
M
J
A
K
I'm
very
grateful,
thank
you
for
the
opportunity
and
I
want
to
thank
you
each
and
every
one
of
you
for
the
work
that
you
do
for
our
city.
I
really
appreciate
it.
I
did
want
to
say,
I,
don't
know
if
you're
aware
of
the
inspector
that
was
murdered
in
West,
Valley,
City
and
I
just
want
to
tell
you
that
I'm
really
proud
of
our
community,
as
well
as
our
public
officials
and
our
city
officials
I,
was
an
appointee,
a
mayoral
appointee
and
a
married
employee,
but
Salt
Lake
City
years
ago.
K
So
I
am
very
concerned
that
that
we
all
remain
safe
and
I
just
want
to
honor
her
service
to
her
City
at
this
time,
as
well
as
the
firefighter
that
that
gave
his
life.
So
I
live
in
the
State,
Street
master
plan
area
and
and
I'm
gonna
bring
some
props
out
here
really
really
fast,
because
I
have
a
really
bad
memory
and
I've
been
working
in
my
yard.
So
first
of
all,
I
came
from
my
yard.
K
I
bought
a
house
at
1487
South
Medicine
that
nobody
wanted
I've
worked,
really
hard
removed,
painted
re-landscaped
and
done
as
much
as
I.
Could
and
a
year
and
a
half
ago,
I
had
a
house
fire,
so
I've
been
working
to
recover
from
that.
So
I
just
want
you
to
know
that
I
don't
want
my
house
demolished
and
I
don't
want
other
people
in
my
neighborhood.
Don't
want
their
home
demolished.
We
work
hard
to
keep
our
homes.
Many
of
us
are
in
fixed
income,
I,
recently
retired,
so
I
just
want
to
put
that
out
there.
K
Please
do
not
demolish
our
home.
I've
talked
to
51
residents
in
our
area.
They
do
not
want
taxes
increase,
so
please
do
not
increase
the
taxes.
I
live
across
from
the
Salt
Lake
City
Salt,
Lake,
Community,
College,
South,
City
campus,
and
that
area
is
a
CRA
area
as
designated.
The
other
part
of
it
is
that
our
City,
Council
or
Community
Council
has
not
had
direct
contact
with
us
of
the
51
people.
I
have
spoken
to
in
my
neighborhood.
K
Only
two
people
knew
about
this
meeting,
so
we
got
the
public
hearing
information,
but
it
was
so
overwhelming
that
people
didn't
understand
it.
It
was
code.
There
was
no
impact
statement,
so
we
are
very
concerned
about
the
impact
of
that,
and
if
that
is
my
notice,
I
just
want
you
to
know.
I'm
Native
American
my
ancestors
gave
up
their
land
for
people
that
moved
in
and
I
just
don't
want
that
to
happen
without
a
partnership
that
we
all
have
a
partnership.
K
K
K
K
L
K
J
J
A
A
K
K
A
A
A
A
A
A
F
Real
quickly
all
queued
up
and
then
Tammy
I'll
give
a
little
bit
more
information.
This
is
the
adoption
and
creation
of
a
policy
for
tax
reimbursement
within
the
northwest
quadrant
project
area
that
was
created
last
year
as
part
of
our
development
agreement
with
the
developers
who
are
significant
landowners
out
there.
We
have
the
provision
that
we
would
adopt
this
policy
to
provide
guidance
and
the
procedures
for
tax
reimbursement
and
I'll
turn
to
Tammy
to
add
any
details
that
she
cannot
great.
G
Thank
you
so
just
a
quick
overview.
As
Danny
stated,
this
is
to
essentially
set
up
the
process
for
adopting
future
tax
increment
reimbursement
agreements,
so
each
agreement
will
come
back
to
the
board
for
final
approval.
The
policy
that
you
have
before
you
under
consideration
is
based
on
the
standard
RDA
tax,
increment
reimbursement
policy
that
was
adopted,
I
believe
last
November,
but
with
the
differences
in
development
occurring
in
the
northwest
quadrant,
we
realized
that
we
did
need
to
implement
a
unique
policy
for
the
northwest
quadrant.
G
So
some
of
the
changes
from
the
standard
policy
to
this
one
include
the
ability
to
provide
tax
increment
reimbursement
for
system-wide
improvements,
typically,
the
RDA
in
all
of
our
other
project
areas.
We
provide
tax,
increment
reimbursements
for
project
specific
and
parcel
or
parcels
some
bridge
specific
improvements,
but
in
the
northwest
quadrant
improvements
might
be
needed
for
backbone
infrastructure,
so
the
policy
lays
out
the
process
for
identifying
and
allocating
tax
increment
for
those
projects.
G
Another
unique
difference
is
that
up
to
70%
of
the
annual
tax
increment
generated
and
collected
by
the
RDA
can
be
provided
via
reimbursement
with
a
maximum
reimbursement
term
of
20
years.
Another
significant
difference
is
in
the
policy
at
states
that
the
RDA
will
carry
out
a
public
benefit
analysis
by
a
third-party
consultant
for
each
project.
Under
consideration
for
funding.
However,
we
through
the
policy
would
have
the
ability
to
waiver
that
requirement
if
the
total
amount
projected
to
be
allocated
is
1
million
dollars
or
under
so
for
smaller
projects.
That
might
not
need
the
full
analysis.
A
J
A
L
A
Motion
carries
unanimously,
so
congratulations
and
good
luck.
Thank
you
very
much
all
right
now
that
Charlie
Luke
is
back
we're
gonna,
jump
back,
hopscotch
style
to
item
c2,
which
is
the
budget
amendment
number
one
for
FY,
2019
board
members,
any
questions.
I
know
we
have
Danny
here
at
the
table,
but
if
not,
then
I
will
look
for
motion
from
our
board
members
here.
Mr.
M
A
Been
moved
by
a
board
member
of
Fowler
and
I'm.
Looking
for
a
second,
it's
been
moved
by
four
member
Fowler
in
a
second
by
board
member
of
Wharton
to
adopt,
as
presented
by
the
administration,
including
the
two
additions
item:
I
1
and
I
2.
Any
discussion,
I'm
gonna
roll
call,
this
one
we're
gonna
start
with
board
member
Johnston,
yes,
board.
Member
Wharton
board
member
mendon
home
port
member
Fowler
board
member
Luke
port
member
Rogers
and
I
am
a
yes,
so
that
is
that
motion
carries
six
to
one.
A
Are
on
to
item
c5,
which
is,
let
me
just
check
my
clock,
really
quick,
I
think
we're
good
all
right.
We've
got
20
minutes,
so
we're
gonna,
we're
gonna
stay
on
schedule
here,
we're
at
item
c5
pricing
terms
for
the
property
located
at
9:01.
Gail
Street
land
is
position
for
the
bicycle:
collective,
all
right,
Danny,
okay,.
F
G
So
in
November
of
2017,
the
RTA
entered,
or
actually
selected
the
bicycle
collective
through
an
RFP
process
to
be
the
potential
developer
of
0.26
acres
of
our
D
own
property
at
901,
Gale
Street
in
the
grainery
district.
So
to
provide
some
perspective,
this
is
essentially
just
south
of
the
city's
fleet
block.
G
The
organization
is
planning
to
develop
15,000
square
foot
multi-use
facility
that
will
bring
numerous
public
benefits
to
the
neighborhood,
as
well
as
the
nine-line
corridor,
to
assist
with
the
project's
financial
viability.
The
bicycle
collective
has
requested
from
the
RTA
a
100%
land
right
down
of
the
purchase
price
of
the
property
which
the
purchase
price
of
the
property
or
the
property
has
been
valued
at
280.
G
In
consideration
of
this
request,
we've
analyzed
both
the
projects,
public
benefits
and
a
financial
analysis
of
the
project
and
RDA
staff
recommends
the
full
write
down
of
the
property
just
a
high-level
overview.
Some
of
the
public
benefits
that
the
project
will
bring
is
job,
training
and
creation.
The
project
will
allow
the
bicycle
collective
to
expand
programming,
with
focus
on
additional
youth
and
job
training
programs.
This
will
allow
them
to
hire
additional
staff.
Social
impact
as
a
local
nonprofit,
their
focus
really
is
on
providing
refurbished
bicycles
and
educational
programs
to
the
community,
with
focus
on
children.
G
Lower-Income
households
in
refugee
populations
and
neighborhood
amenities
will
be
a
significant
public
benefit
of
the
project.
This
is
a
site
plan
and
it's
hard
to
read,
but
this
is
essentially
part
of
the
9
line
corridor
and
they
will
have
a
bike
repair
shop
along
the
nine
line,
a
drinking
fountain
and
also
covered
bicycle
parking,
which
is
a
really
cool
aspect
of
the
project.
There
will
be
parking
along
the
southern
edge
of
the
site.
A
G
And
we
actually
have
both
Clinton
Watson
from
the
bicycle,
collective
and
Jesse
hulls,
the
architect
on
the
project
here
that
could
definitely
we
can
dive
into
that
a
little
bit
more
just
a
couple
of
other
points
on
it.
The
project
will
be
designed
to
lead
silver
equivalent
standards,
so
this
is
another
rendering
from
Gale
Street
and
then
I,
don't
know
what
it's
doing
here.
G
Looking
at
the
financial
aspects
of
the
project,
so
the
total
cost
is
estimated
to
be
3.5
million.
Their
sources
and
uses
are
up
here,
they're
planning
on
putting
developer
equity
in
there.
The
bicycle
collective
is
the
RDA
property
discount
would
be
two
hundred
and
eighty
eighty
thousand
that
equals
about
eight
percent
of
the
total
project,
cost
they're,
applying
for
new
market
tax
credits
and
going
out
fundraising
through
a
capital
campaign
they're
also
maximizing
private
investment
through
the
National
Development
Council.
They
have
a
letter
of
interest
to
provide
financing
for
the
project.
M
You
this
question
has
no
bearing
on
my
support
of
this
project,
and
I.
Just
was
curious
of
what
happens
if,
if
they
don't
get
the
new
market
tax
credits
I
mean.
Is
that
just
seven
hundred
thousand
dollars
they
have
to
raise
through
their
capital
campaign,
or
is
it
pretty
certain
that
that
new
market
tax
credit
will
be
there
like
where's
our
surety
on
that?
Just
it.
G
Is
not
certain,
but
they
they
are
eligible
and
qualify
through
the
program
we
will
know
by
January
if
they've
received
those
funds.
I
will
let
bicycle
collectives
speak
more
to
this.
If
you
wish,
but
I
believe
that
they
would
just
extend
their
capital
campaign
and
have
to
cover
the
amount
through
additional
fundraising
if
they
don't
get
the
new
market
tax,
crazy.
I
Now
the
design
is
really
flexible.
We
don't
have
complete
9
line
plans,
but
we
have
the
ability
to
match
and
integrate
with
whatever's
happening,
but
some
things
we
know
for
sure
that
we're
going
to
have
our
public
drinking
fountain
a
bike
fix-it
station,
which
is
a
place
where
you
can
pump
up
your
tire
and
it
has
some
basic
tools.
We
also
want
to
have
plenty
of
shade
so
that
it's
a
comfortable
place
to
flop
off
your
bike
and
get
on
the
grass
and
cool
off.
So
those
are
right
now.
Our
plans.
A
I
I
I
G
If
everything
goes
as
planned,
they
will
break
ground
fall
of
2019.
So
what
happens?
Next,
as
if
this
property
discount
is
approved
by
the
board,
then
the
RTA
will
move
forward
with
entering
into
an
option
to
purchase
agreement
with
the
bicycle
collective.
The
option
to
purchase
agreement
lays
out
all
the
steps
they
need
to
complete
for
the
RTA
to
convey
the
property
to
them
and
the
purchase
prices,
and
in
that
document,
okay,.
G
That
would
be
an
ongoing
partnership
and
negotiation
between
the
bicycle,
collective
and
the
RTA.
So
we
will,
through
the
option,
to
purchase
agreement,
implement
benchmarks
and
standards,
but
as
we
know,
you
know,
issues
happen
and-
and
we
can
be
flexible
to
a
point
but
really
try
to
hold
developers
to
specific
benchmarks.
This.
F
A
A
A
F
H
Danny,
yes,
so
we
just
wanted
to
discuss
the
land
right
down,
request
from
central
9th
partners
to
acquire
the
properties
at
912
and
916
Jefferson.
This
would
be
to
construct
the
second
phase
of
the
central
ninth
market
project.
This
second
phase
would
be
a
mixed-use
development
that
has
retail
on
the
ground
floor
and
six
housing
units
up
above.
They
are
requesting
a
full
write
down
of
the
property
from
the
appraised
value
of
three
hundred
eighty
five
thousand
down
to
zero,
and
we
support
this.
H
A
M
Have
a
question
I
noticed
in
the
in
the
memo
that
under
number
two,
the
construction
of
affordable
housing
I
recognize
that
without
the
land
write-off
and
without
the
potential
other
ask
that
may
be
coming
down.
The
line
that
this
making
this
project
affordable
would
probably
not
be
possible,
so
I'm
glad
to
see
that
we're
looking
at
that
and
happy
to
help
with
our
affordable
housing,
and
these
will
be
at
the
60%
ami,
correct
I,
see
for
a
30-year
affordability
term.
M
I
was
wondering
if
that
could
be
extended,
or
this
is
like,
where
we're
at
its
30-year
affordability
term
I'm.
Looking
we
have
a
presentation
later
at
today
in
our
council
meeting
about
affordable
housing
and
where
we're
going
to
be
in
30
years
may
not
be
honestly
much
further,
if
not
worse,
than
where
we're
at
now
and
so
I'd
like
to
make
sure
that
we,
if
there's
a
way
to
extend
that
affordability
term
of
that
deed,
restriction,
I'll.
N
But
I
think
that
was
traditionally
the
term
that
the
city
has
for
other
affordability
requirements.
So
that's
that's
why
we
use
the
30-year
affordability
requirement.
I
know
for
low-income
housing,
tax
credits.
The
federal
government
requires
15
years.
The
state
usually
requires
that
to
be
extended
to
50
years.
Those
are
just
two
other
guidelines.
I'm.
N
I
These
units
are
really
geared
towards
people
that
work
and
live
or
well
want
to
work,
do
work
but
want
to
live
in
our
neighborhood
that
don't
necessarily
have
a
car,
but
they
work
in
the
businesses
that
central
ninth
is
created
and
so
I
think
that
it's
a
really
good
fit
and
I
don't
see
that
changing,
hopefully
even
30
years
from
now
that
everything
is
still
working
the
way
it
is,
and
we
still
need
places
for
bartenders
and
baristas
and
clerks
and
everybody
that
is.
This,
fits
for
just.
M
One
less
comment:
thank
you.
Cuz
I
do
appreciate
that,
and
it's
something
that
I
think
we
need
to
also
focus
on
that
we've
kind
of
lost
a
little
bit
of
focus
on
is
that
workforce
housing
in
that
sort
of
60%
ami
area,
so
I
support
this
project,
just
kind
of
want
to
make
sure
we're
kind
of
thinking
about
it
broader,
as
well
as
we're
thinking
about
these
things,
because
I
appreciate
in
sugarhouse,
we
need
some
of
that
workforce
housing
where
people
can
afford
to
live
where
they
work
so
yeah
thanks
can.
A
A
I
Yeah
I
think
it's
a
combination
of
factors,
I
think
that
it's
a
better
fit
for
the
neighborhood
for
what
the
neighborhood,
as
we've
lived
there
for
a
while
and
seeing
the
pattern.
I
think
that
this
scale
works
really
well.
I
think
the
townhouses
would
have
been
great,
but
there
are
some
headwinds
with
doing
town
houses
with
financing
and,
if
you're
building
them
yourself,
it's
a
lot
easier,
but
we
are
not.
I
A
I
have
a
follow-up
question
in
the
memo
here
or
the
transmittal.
Excuse
me,
it
discusses
the
relationship
between
the
RDA
and
the
developer
and
the
you
know
the
patience
that
the
developer
has
exercised
with
the
RDA
on
streetscape.
Can
you
dive
into
that
for
the
record
and
talk
about
how
soon
we
can
get
that
done.
O
Danny's
looking
at
me,
we
are
in
the
process
of
working
with
Rocky
Mountain
Power
on
getting
a
contract,
ready
estimate
to
bury
the
power
lines,
and
you
may
remember
the
discussion
about
the
900
self
streetscape
improvements
that
we
have
proposed.
A
critical
part
of
those
improvements
is
burial
of
those
power
lines
that
does
a
couple
of
things.
One
of
the
things
it
does
is
it
removes
kind
of
an
artificial
height
cap
for
developments
that
want
to
build
taller
than
30
feet,
and
that
has
to
do
with
fire
access
to
these
buildings.
O
That's
one
of
the
benefits.
The
other
is,
is
the
flexibility
it
allows,
as
we
lay
out
the
streetscape
and
allows
us
to
integrate
more
on
street
parking,
which
is
one
of
the
goals
from
this
project
from
the
beginning,
and
then
the
third
thing
is
the
esthetic
factor
that
we
get
and
what
we
can
do
and
from
an
urban
forestry
perspective.
If
the
overhead
powerlines
are
not
there,
we
can
just
create
a
more
comfortable
pedestrian
environment
that
is
more
shaded,
more
conducive
to
the
small
business
atmosphere.
O
So
a
lot
of
this
hangs
on
Rocky
Mountain
powers,
involvement
and
participation.
We
met
with
them
two
weeks
ago
and
went
through
some
of
their
preliminary
numbers
and
we've
been
promised
some
numbers
from
them
during
the
month
of
August,
so
I
suspect
in
the
short
term,
whether
that's
30
60
days.
We
should
be
back
in
front
of
the
board
with
some
additional
information
about
the
project.
Yeah.
A
A
A
L
Thanks
for
your
question
too
early
because
I
saw
the
earlier
renderings
of
the
the
owner-occupied
units,
neither
designed
a
certain
way
with
parking
and
storage
and
those
kind
of
things,
and
this
is
divided
up
that
way.
Still,
though,
the
map
we
have
at
what
point
would
have
any
schematics
or
actually
renderings
of
your
thoughts,
what
you're
thinking
you're
doing
I.
L
N
F
N
A
N
Done
that
math,
but
trust
your
math
is
correct.
You
know
one
of
the
one
of
the
interesting
things
about
this
project
is
that
we're
looking
at
a
different
way
to
finance
it
than
the
traditional,
low-income
housing
tax
credit
program,
which
is
frankly
very
expensive
to
go
through
that
process
and
also
time-consuming
so
I
mean
this
is
sort
of
a
almost
a
test
case
of
using
alternative
financing
mechanisms
for
building,
affordable
housing,
and
you
know
affordable
housing.
Obviously,
is
it's
not
cheap
to
build
yeah.
I
A
J
A
A
F
Hoping
she
doesn't
have
to
come
up
and
answer
any
questions,
but
I
think
we
might
want
to
make
some
time
those
you
know.
Jill
know
that
she's
been
with
the
the
city
and
the
agency
for
27
years
essentially
played
almost
every
role
within
the
agency
now
and
we're
excited
to
have
her
she's
going
to
bring
with
her
a
huge
amount
of
institutional
knowledge
and
experience,
and
we
were
going
to
lean
on
her
heavily
to
really
start
getting
the
operation
side
of
the
agency
running
sweetly.
C
When
DD
cordini
came
in
as
mayor
when
I
came
to
the
RTA,
I
was
actually
under
Palmer
de
pollicis
administration
and
I
think
with
all
due
respect,
some
of
you
may
not
have
been
born
yet
you're,
very
young,
so
I've
been
here
for
a
really
long
time.
I've
seen
a
lot
of
change.
I've
seen
I've
seen
evolution,
it's
a
great
organization.
That's
what
I
love
about
the
RTA.
Is
that
always
changes?
It's
very
fluid.
We
can
a
lot
of
great
things.
C
A
B
A
F
F
A
J
G
J
E
The
administration
sent
to
the
council
a
public
benefit
benefits
analysis
and
is
recommending
that
the
council
set
a
public
hearing
which
the
council
could
do
later
on
this
evening.
In
the
formal
meeting
set
a
public
hearing
for
September
18th
and
with
that
I
don't
know
if
Randy,
if
you'd
like
to
hear
from
Randy.
J
Member
Fowler
so
I
think.