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From YouTube: Redevelopment Agency (RDA) of Salt Lake City - 10/8/2019
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A
2019
we
begin
by
general
comments
to
the
board.
I
do
have
one
comment
card,
I
have
a
hand
in
the
back.
We
will
get
that
from
you.
You
have
two
minutes
for
your
comment.
I
recognize
that
that's
not
a
ton
of
time,
but
if
you
have
comments
afterwards,
please
feel
free
to
email,
us
or
contact
one
of
our
staff
members
and-
and
you
can
continue
your
your
comment
in
that
way
or
reach
out
to
us.
You
know
call
all
those
things.
A
As
with
our
council
meetings,
our
formal
meetings,
we
do
ask
that
people
be
respectful
when
people
are
giving
their
comments,
please
no
cheering
jeering,
snapping
and
clapping,
and
most
of
it
is
that
we
want
to
make
sure
that
people
feel
comfortable
in
making
their
comments,
but
also
it
makes
it
difficult
for
us
to
hear-
and
the
point
of
comments
is
for
us
to
hear
what
you
have
to
say.
So
with
that
I
will
begin.
Our
general
comment
section
with
mr.
David
Emmett.
A
B
A
B
One
follow-up
comment:
I
have
not
been
privy
to
all
the
discussions
regarding
the
Utah
theatre
and,
in
particular,
the
mitigation
of
the
demolition
of
the
theater
I
have
not
heard
anything
mentioned
about
documenting
the
theater.
If
it's
to
go
down,
I
think
this
building
deserves
to
be
documented,
I
think
it
deserves
to
be
photographed.
It
deserves
to
be
filmed
and
ideally
drawn
according
to
Habs,
that
is
historic.
American
building,
survey
standards
and
preservation
Utah
would
be
glad
to
facilitate
that
effort
in
any
way
we
could.
Thank
you.
C
Thank
you.
This
is
a
lot
easier
than
the
last
time.
There
was
a
big
crowd
I'm
here
today
to
speak
on
two
items
and
I'm
representing
the
River
District
Chamber,
as
its
chair
I'm,
also
on
the
Fair
Park
Community
Council
at
first
vice-chair.
The
first
item
is
in
regard
to
safety
features
for
this
Jackson,
Elementary
and
I'm.
Here
to
support
that
measure.
There
are
a
number
of
Street
crosswalks
signage
in
the
area
that
needs
help.
C
I
would
also
like
to
speak
in
favor
of
additional
police
patrols
and
security,
as
that
school
is
a
block
away
from
the
gateway
in
which
is
a
constant
struggle
with
with
criminal
activity.
The
other
reason
that
I'm
here
is
to
speak
on
the
the
catalytic
projects
from
the
RDA
Cara
and
her
team
have
been
out
in
the
neighborhood
and
presented
a
number
of
ideas
for
us
and
in
considering
them
there
were
two
that
stood
out
one
obviously
the
the
Folsom
Trail
signage
and
the
development
of
temporary
commercial
buildings
in
that
area.
C
However,
our
board
met
this
morning
and
we
felt
that
the
best
use
of
funds
for
a
catalytic
catalytic
project
in
that
area
is
going
to
be
supporting
the
international
market
at
the
State
Fair
Park,
and
so
we
would
like
you
to
consider
that
as
being
the
most
effective
and
fastest
way
to
develop
in
that
area
and
that's
something
you'll
start
seeing
further
information
on
in
the
coming
months.
Thank
you
for
your
time.
A
D
A
Okay,
one
second
on
it
Danny.
If
you'll
come
to
the
table-
and
it
looks
like
we
do-
have
a
few
questions
and
you're
available
for
us
over
there
and
I
see
Tammy
in
case.
We
need
you,
so
you
don't
have
to
come
up
we'll
make
we'll
put
Danny
on
the
hot
spot
right
now.
It's
my
favorite
thing
Anna,
you
take
it
away.
B
E
You
know
you
know
we
got
several
enquiries
about
the
use
of
theater
and
was
cast
that
what
has
been
done,
what
hasn't,
what
are
the
chances
where
it's
a
too
late?
Is
there
still
time
to
to
work
something
out
instead
of
demolishing
it,
but
in
loosing
it?
So
one
of
the
questions
and
I'll
read
what
I
have
and
I
Rea
sent
them
to
you.
So
since
the
echos
theater
was
built,
was
there
any
follow-up
with
the
philanthropy
non
tropic
organizations.
F
F
By
all
intents,
and
measures
is
arguably
probably
one
of
the
most
successful
and
I
think
what
made
that
successful
is
that
the
community
could
really
get
behind
the
idea
that
they
were
building
a
Broadway
theatre,
and
everyone
was
excited
for
that,
and
so
until
we
really
have
something
to
speak
to
with
Utah
theatre,
it
would
be
a
little
premature
to
reach
out
and
ask
what
their
interest
would
be.
It's
not
to
say
we
couldn't
do
that,
but
I
don't
know
what
the
results
would
be
of
that.
F
The
second
thing,
I
would
say
is
that
last
year,
when
we
presented
the
potential
capital
stack
and
the
gap
for
the
theater,
we
anticipated
a
fundraising
campaign
that
would
be
at
the
same
level
as
Eccles
and
that
still
resulted
in
a
significant
gap
for
the
project.
And
so
even
if
we
had
the
same
success
as
Eccles,
we
still
projected
that
there
would
be
a
gap
and
and
I
would
also
add.
F
G
Actually,
just
to
follow
up
in
regards
to
the
public
comment
that
we
had
for
tax
credits
on
historic
tax
credits.
What's
the
usual
percentage
that
you
get
on,
that
I
mean
it's
a
huge
gap
and
you're
looking
at
that,
but
I,
don't
think
as
an
RDA
board.
Member
I've
seen
us
use
historic
tax
credits
for
that,
so.
F
E
F
F
E
E
F
E
F
So
I
would
first
say
that
the
the
proposed
savings
from
the
bond
right
now
are
just
that
they
are
estimates
because
until
you
actually
do
the
placement,
you
don't
know
what
your
true
savings
aren't.
So
the
projections
right
now
speak
to
annual
savings
of
roughly
two
hundred
thousand
a
year
and
just
under
two
million
dollars
over
the
life
of
the
bond,
and
so
the
first
question
on
that
would
be
to
really
determine
where
those
savings
would
really
be
realized
in
terms
of
the
the
debt
service
for
the
bonds
right
now,
our
split
between
the
blocks.
F
Seventy
project
area,
which
is
the
the
block
that
echoes
theater,
is
on
as
well
as
subsidized
by
CBD
tax
increment
as
well.
So
I
think
we
would
really
want
to
make
sure
that
we
run
that
calculation
to
see
where
those
savings
would
be
realized
and
or
what
policy
level
decision
we
would
make
of
where
we
would
want
to
realize
those
savings.
F
So
it's
certainly
possible
that
you
could
allocate
those
to
a
certain
extent
to
Utah
theater.
If
you
looked
at
those
numbers,
I
would
say,
however,
that
given
within
the
echos
theater
project
and
the
block
seventy
project
area,
we
know
right
now
that
we
have
a
shortfall
for
debt
service.
So
obviously,
one
of
our
main
motivations
for
doing
this
refinancing
is
to
really
just
reduce
that
shortfall
that
we
are
going
to
have
to
cover
over
the
next
seven
or
eight
years.
D
F
We
did
have
a
consultant
come
in
and
look
at
the
theater
and
provide
some
recommendations
as
to
what
we
may
or
may
not
really
be
able
to
qualify
for
reaching
out
to
those
tax
credits
and
so
I
think
we
can
certainly
follow
up
on
that
and
get
a
determination
of
whether
they
qualify
or
not.
We
did
that
sorry,
I'm.
H
H
D
Mean
I'd
like
to
know
that,
because
even
if,
ultimately
it
doesn't
make
the
difference,
you
know
part
of
what
I've
been
the
information
that
I've
gotten,
that
I've
been
relating
to
the
community
and
maybe
I
misunderstood.
It
was
given
to
me
quite
a
long
time
ago
was
that
this
doesn't
meet
those
qualifications,
not
not
that
it
was
a
long
shot,
but
that
it
was
like
not
on
the
table.
D
A
D
D
D
F
The
the
park,
let
me
back
up-
and
it
probably
would
help
to
explain
both
of
those
so
as
part
of
our
required
restrictions
on
the
the
sale.
We
have
the
requirement
that
they
would
do
the
walkway,
which
is
obviously
the
pedestrian
access
to
the
open
space
area.
Yes,
we've
been
working
with
Hynes
to
what
extent
we
define
that
open
space
area
as
either
primarily
an
amenity
for
the
residents
that
is
open
and
available
to
the
public
versus.
D
F
F
D
D
F
Where
what
we're
looking
at
right
now
is
between
the
three
required
elements
of
the
affordable
housing
and
the
walkway
and
preservation
of
elements,
you
are
realistically
looking
at
probably
a
full
write
down
of
value
and
and
the
numbers
we
are
running
and
what
the
conversation
that
we
need
to
have
with
Hinds
moving
forward
is
what
is
the
details
of
that?
What
is
the
range
and
are
we
able
to
fully
get
all
those
benefits
and
realize
them
as
part
of
the
project
within
just
the
write
down.
J
I
Be
should
be
preserved.
Can
you
talk
to
us
about
what
that
role
might
be
and
Danny
I'm,
not
sure
if
you
can
I
can't
think
of
another
project
in
the
city
that
we've
done
that
if
this
happens?
That
is
that
we
can
equate
and
and
point
to
the
intentional
preservation
aspects
right
and
you
think
of
one
that
the
city
has
ever
done.
F
Preservation
is
part
of
a
demolition
ultimately
of
the
project
or
preservation.
Yeah
I
can't
think
of
one
where
we,
as
an
agency
or
city,
did
a
demolition
where
we
saved
elements,
and/or
incorporate
them,
but
I
yeah,
Brooks,
arcade,
I,
guess
technically
was
a
partial
demolition
where
we
just
saved
the
facade
and
I,
don't
believe
we
did
anything
internal,
the
building
Jill.
Do
you
remember
if
we
did
any
documentation
of
it.
I
I
I
know
that
there's
I've
visited
it
Pantages
in
Minneapolis,
with
some
of
you
on
a
downtown
Alliance
trip.
I
believe
it
was
actually
I
can't
quite
recall
if
it
was
already
a
trip
it
was
downtown
and
anyway
they
did
a
full
restoration.
So
that's
it's
that's
not
the
same
either,
but
well.
How
can
we,
what
do
you
foresee
as
the
role
of
preservation
Utah
and
how
can
we
make
sure
it's
as
robust
as
we
can
to
preserve
the
historic
nature
of
this
building?
I.
F
F
That
I
think
we
would
want
to
make
sure
that
we
document
the
building
we
go
in
and
do
everything
we
can
to
preserve
the
memory
of
it
and
and
see
what
extent
we
either
archive
aspects:
and/or,
just
photograph
them
and
work
with
preservation,
Utah
and
other
groups
to
determine
what
level
they
want.
That
archive
to
be
a.
I
Follow-Up
to
say
that
I
would
love
to
explore
a
conversation
about.
Maybe
it's
maybe
it's
even
as
funding
an
art
installation,
but
some
way
to
connect
the
block
that
this
that
the
Utah
theaters
on
with
the
Eccles
block
and
Regent
Street
and
I'm
I'm.
Imagining
some
kind
of
visual
connectivity
of
these
arts
and
culture
venues.
Those
that
are
there
today.
E
K
Let's
see
it
was
purchased
for
I
think
it
was
just
over
five
million.
Let
me
find
I,
don't
have
the
exact
number
in
front
of
me.
It
was
valued
in
May
at
four
million
seventy
thousand
dollars,
and
that
was
the
land
only
because
it's
difficult
to
place
a
dollar
amount
on
the
building.
It
depends
on
how
you're,
looking
at
the
building
in
terms
of
if
you're,
restoring
it,
what
you're
doing
with
the
building.
So
the
land
value
right
now
is
four
million.
Seventy
thousand
dollars
well.
D
F
G
F
G
D
F
K
E
E
K
A
J
You
so
just
a
quick
refresher.
The
briefing
was
a
couple
of
weeks
ago
and
we're
proposing
to
refund
tax
increment
our
new
tax,
increment
bonds,
here's
2013
approximate
savings
about
two
million
and,
in
conjunction
with
the
same
refunding
we're
also,
this
city
is
proposing
to
refund
serious
2007
and
because
the
RDA
is
contributing
debt
service.
A
I
The
board
of
directors
of
the
Redevelopment
Agency
adopt
the
resolution
authorizing
the
issuance
and
sale
of
not
more
than
46
million
dollars.
Aggregate
principal
amount
of
tax,
increment
revenue,
refunding
bonds,
Series,
2019
and
related
matters
and
I
move
that
the
board
of
directors
of
the
Redevelopment
Agency
adopt
the
resolution
approving
an
updated
debt
service
schedule
in
an
interlocal
agreement
with
Salt
Lake
City
for
the
redevelopment
agencies.
D
A
F
H
Is
the
first
budget
amendment
for
the
RDA
for
fiscal
year
2020?
This
is
the
first
briefing
the
public
hearing
is
scheduled
for
November
12th
and
potential
action
is
also
scheduled
for
November
12th.
There
are
four
projects
and
programs.
It
is
just
over
five
point:
eight
million
dollars
in
total,
requested
funding
for
four
separate
items
and
two
of
these
are
time
sensitive.
One
is
the
revolving
loan
fund,
adding
additional
funding
and
$200,000
for
environmental
remediation
at
the
station
Center,
and
let
me
pull
up
the
summary
table
on
the
big
screen.
H
H
The
three
loans
that
were
paid
off
are
up
on
the
screen
and
just
a
note
that
the
amounts
being
paid
off
are
slightly
more
than
the
four
and
a
half
million
that
is
requested
in
this
budget.
The
$48,000
difference
would
go
to
the
revolving
loan
funds
fund
balance
and
that
balance
is
currently
just
over
1.1
million
dollars.
H
H
H
If
that
does
come
to
the
board,
and
if
it's
approved,
then
you
would
have
just
over
$400,000
left
available
to
lend
in
the
revolving
loan
fund
for
the
rest
of
the
fiscal
year.
So
one
of
the
policy
questions
for
the
board
is,
if
you'd
like
to
discuss,
if
that
is
a
level
you're
comfortable
with
considering
that
we're
not
halfway
through
the
fiscal
year
yet
or
if
you
have
questions
about
other
projects
in
the
pipeline
for
the
revolving
loan
fund
can.
A
J
F
We
don't
anticipate
anything
other
outside
of
our
normal
debt
service
principle
and
interest
payments
that
we
received
throughout
the
year.
We
do
not
project
or
try
to
anticipate
any
potential
payoffs.
We
take
the
approach
that
payoffs
are
random,
and
so,
when
they
come
in,
if
they're
significant
enough,
then
we
would
bring
it
as
part
of
a
budget
amendment
and
if
they're
not,
then
we
just
roll
them
up
as
part
of
fund
balance
and
then
bring
that
through
the
normal
budget
process.
So
don't.
A
A
L
F
That's
a
good
question:
I,
don't
know
if
we've
ever
really
tracked
what
we've
gotten
and
I'd
saved.
It's
probably
hard
to
figure
that
out,
because
just
in
the
last
year,
between
Bryn
Shore
and
the
Union
Pacific
Depot,
those
two
loans
were
more
than
we've
ever
done
and
so
I
think
we
arguably
would
have
missed
our
mark.
F
L
H
Next
item
is
a
request
to
place
three
hundred
and
ninety
five
thousand
five
hundred
and
seventy
three
dollars
into
a
holding
account.
The
holding
account
already
has
a
quarter
of
a
million
dollars.
The
board
placed
that
money
there
in
the
annual
budget.
These
amounts
are
from
tax
increment.
The
direction
from
the
board
was
to
have
a
further
discussion
on
the
use
of
these
dollars
at
a
later
date.
At
one
point,
these
were
the
annual
contribution
from
the
RDA
to
the
Housing
Trust
Fund.
The
purpose
previously
identified
was
for
low-income
and
special
need
populations.
H
The
board
could
discuss
this
now
or
discuss
it
at
a
future
date,
but
the
request
before
the
board
is
to
add
this
395,000
into
the
existing
holding
account
and
a
point
of
context.
This
is
separate
from
the
2.5
nine
million
in
funding
our
future
housing
dollars,
that
is
in
the
Housing
Trust
Fund,
and
there
was
discussion
during
the
annual
budget
about
combining
these
two
different
funding
sources,
the
2.5
9
million
from
funding
our
future
and
the
funding
in
the
holding
account
the
250,000
and
the
three
hundred
ninety
five
thousand.
H
So
this
would
maximize
the
impact,
but
there
are
two
separate
funding
sources
and
the
sales
tax
funded
funding.
Our
future
has
additional
tracking
requirements
that
were
part
of
the
agreement
with
the
public
that
it
would
be
labeled
separately
tracked
separately
and
used
for
specific
uses.
So
that's
part
of
the
discussion
is:
do
you
want
to
have
sales
tax
and
tax
increment
funding
for
housing
separate,
or
is
the
board
comfortable
combining
them
to
maximize
the
impact.
A
G
Always,
madam
chair,
we
always
like
more
bang
for
our
buck
right.
My
question
is:
can
we
still
separate
it
and
track
it?
I
mean
that's
the
whole
point
behind
the
the
dashboard
is
to
make
sure
that
people
residents
can
track
and
see
where
our
sales
tax
dollars
are
going.
So
as
we
overlay
it,
I
don't
want
to
say
we're.
Overlaying
I
don't
want
to
mix
it,
but
if
we
right
I'm.
G
I
don't
know
board
members
I
always
get
torn
when
we
start
talking
about
this
kind
of
scenario.
Just
because
we
know
we're,
we
don't
want
to
be
running
two
programs.
You
know
if
the
states
running
our
program
and
then
the
city
starts
a
program,
but
I
think
that
if
we're
having
these
monies
together
at
one
funding
source
for
one
person
to
look
at,
it
makes
it
a
lot
easier
for
us.
I
L
Think
the
Devils
in
the
details
about
how
we
track
it,
because
if
you
put
the
money
together
and
use
it
for
a
joint
venture,
it's
hard
to
pull
apart
what
you
got
for
each
and
we
need
to
talk
through
a
little
bit
about
that.
I.
Think
the
ideas
sound
just
being
clear
about
when
we're
using
the
we
allocate
the
money
out
to
a
project,
and
maybe
it
gets
mixed
to
get
multiple
other
things.
It's
hard
to
say
how
many
units
you
got
or
how
many
of
specific
outcomes
you
got
for
that.
H
H
We
will
update
the
motion
sheet
for
your
November
meeting.
The
next
item
is
also
time-sensitive.
This
is
related
to
Station
Center,
environmental
remediation
at
sites.
Three
and
four.
This
may
look
familiar.
You
previously
appropriated
two
hundred
thousand
dollars
for
this
purpose,
but
it
was
not
placed
in
a
capital
account,
so
it
lapsed
to
fund
balance
at
the
end
of
the
last
fiscal
year.
So
this
would
be
reappropriation
the
same
funds
into
a
capital
account
for
the
same
use.
If
it
is
not
appropriated,
it
may
delay
the
development
of
these
two
sites
at
Station,
Center.
G
H
H
Nineteen
for
the
same
project,
if
you
appropriate
the
seven
hundred
and
fifty
thousand,
it
would
not
fully
fund
the
project,
but
it
does
get
you
more
than
halfway
there.
The
previous
discussion
was
that
five
adjacent
property
owners
would
be
contributing
funds
for
the
rest
of
the
project.
The
total
estimated
cost
for
the
new
track
station
is
about
two
million
dollars.
Total
and
UTA
has
offered
to
cover
ongoing
maintenance
once
it
is
built.
H
However,
there
are
not
currently
individual
agreements
with
the
adjacent
property
owners
for
their
contributions
to
build
the
station
or
to
reimburse
the
RDA
if
the
RDA
front
loads
the
cost-
and
there
is
not
currently
in
agreement
with
UTA
for
the
ongoing
maintenance
of
that
station.
If
the
board
is
interested,
you
could
explore
contingent
appropriations
to
appropriate
the
funding,
but
wait
to
have
some
or
all
of
those
agreements
come
back
to
you.
That
is
certainly
something
we
can
work
with
the
attorney's
office
to
prepare
that
language.
There
are
also
a
few
policy
questions
on
this
topic.
H
In
addition
to
the
reimbursements
and
what
level
of
enforceability
the
board
is
comfortable
with,
as
well
as
using
the
seed
funds
for
the
track
station.
Is
this
catalyzing
development
as
the
board?
Previously
he
wanted
the
seed
funds
to
do,
or
is
this
advancing
the
goals
of
the
State
Street
project
area?
In
a
way
the
board
is
satisfied
with
and
also
adjustments
to,
the
free
fare
zone.
The
free
fare
zone
does
not
currently
extend
to
this
new
location,
650
south
it
currently
ends
at
500,
South
and
the
free
fare
zone
has
been
set
in
interlocal.
H
A
So
we
were
talking
earlier,
just
something
been
mentioned
to
me
earlier
for
board
members.
Knowledge
is
that
we
did
have
our
last
discussion.
I
think
it
was
at
the
last
discussion
of
how
do
we
ensure
that
surrounding
properties
and
been
sort
of
touched
on
this,
but
actually
do
contribute
to
this
or
want
to
contribute,
and
one
of
the
things
in
case
missed.
It
is
that
we
could
appropriate
this
with
language.
That
says
you
don't
get
the
money
unless
you
assign
the
it
would
be
appropriated
with
a
contingency
that
you
have
to
participate
in
some
way.
A
F
Would
it's
anticipated?
It
would
be
a
contractual
agreement
where
an
if
the
agency
were
to
bridge
the
gap
and
provide
the
funds
upfront.
We
would
have
agreements
with
the
developers
in
place
that
they
were
obligated
to
pay
us
back
within
a
certain
amount
of
time
and
in
the
collateral,
for
that
would
vary
depending
on
what
we
would
ask
for
in
terms
of
either
a
guarantee
by
the
developer,
and/or
security
against
land,
depending
on
where
they're
at
within
their
respective
negotiations.
F
E
H
A
You
Ben:
this
is
a
great
staff
report
by
the
way.
So
thank
you
for
your
hard
work
and
all
of
the
information
that
you
can
read
our
minds
that
eventually
one
of
us
is
going
to
want
so
I
appreciate
you
putting
it
in
there
first
and
expect
somebody
to
ask,
and
then
you
can
just
point
them
back
to
your
own
staff
report.
J
A
D
A
J
This
is
just
a
follow
up
from
our
discussion.
Last
July.
We
wanted
to
discuss
the
possibility
of
amending
our
in
a
local
agreement
with
the
school
district
for
the
ten
percent
set
aside.
That
was
go
to
building
a
new
school.
The
board
wanted
additional
information,
so
we
met
with
the
school
district
and
they
provided
us.
J
Some
cost
estimates
on
some
items
that
they
may
consider
putting
into
three
particular
schools
and
those
are
listed
in
your
memo
and
also
we,
we
revised
the
interlocal
agreement
to
ensure
that
the
funds
are
being
used
for
schools
serving
the
north
temple
area,
that
the
RDA
will
prioritize
funding
improvements
for
safety
and
connectivity
to
the
neighborhood
and
that
any
safety
christine
designs
must
be
approved
by
Salt
Lake
City
Transportation.
We
reviewed
these
changes
with
the
school
district
and
they
are
in
agreement
with
them.
So
we
are
just
looking
for
any
discussion
and
approval
and.
L
A
G
A
A
F
E
M
M
It's
not
working,
let's
see,
sorry,
let
me
try
to
reload
these
real,
quick.
K
Well,
actually:
well,
the
presentations
get
we're
figuring
out
the
technical
difficulties.
I
can
give
a
quick
update
on
the
nine
line
community
reinvestment
area.
In
the
memo
we
mentioned
that
the
nine
line.
Well,
it's
been
adopted
by
the
RTA
board
in
the
Salt
Lake
City
Council,
as
a
project
area
that
were
still
in
the
process
of
negotiating
with
taxing
entities
and
at
the
time
the
memo
was
submitted.
K
I
M
Right,
sorry
about
that,
so
just
a
quick
overview.
The
developer
of
the
project
is
West
End,
LLC
and
they're,
looking
to
adaptively
reuse
to
existing
warehouses
that
will
be
converted
into
commercial
space.
So,
in
addition,
the
developer
is
looking
to
activate
and
improve
the
mid
Bach
mid
block
walkway,
that's
located
immediately
west
of
the
properties
in
between
900
South
and
Genesee,
and
it'll
also
include
public
space
improvements
and
a
central
plaza
located
in
between
the
buildings.
M
So
this
is
just
an
aerial
view
of
the
site
has
since
cleaned
up
quite
a
bit,
but
this
is
a
Google
Earth
view
of
the
site.
So
right,
this
is
I-15
here
to
the
east
of
the
property.
It
slope-
and
this
is
nine
or
south-
and
you
can
see
the
two
warehouses
there
and
I
just
want
to
also
note
that
the
developer
does
own
kind
of
the
larger
like
about
ten
persons,
I
think
within
this
area,
and
this
would
be
the
first
phase
of
the
project.
M
They
are
looking
into
a
second
phase
of
the
project,
but
that
would
incorporate
multi-family
component
to
this,
and
that
would
require
a
rezone
of
the
property
and
they
are
working
with
community
right
now
to
kind
of
look
at
how
much
to
rezone
and
kind
of
work
through
that
process.
There's
also
a
street
closure
application
that
will
also
be
coming
your
way
that
is
in
between
these
two
buildings,
so
just
like
kind
of
a
remnant
piece
of
alleyway
that
was
left
over
now.
Here
are
some
existing
site
photos.
M
You
can
see
the
nine
hairstyles
street
frontage
here.
This
is
a
East
elevation
of
the
building,
and
this
is
looking
into
the
alleyway
west
of
the
property.
I
am
here's
a
site
map.
As
you
can
see,
this
is
the
larger
area
for
the
larger
development.
But
today
we
are
just
talking
about
the
first
phase,
which
includes
these
two
commercial
and
warehouse
buildings.
M
I
L
M
And
this
is
just
a
rendering
of
what
kind
of
the
alleyway
would
look
like
in
the
so
to
the
right
here
would
be
nine
hundred
self
and
the
alleyway.
Here's
to
the
activation
of
of
that
mid
block
I'm
here
than
North
and
South
elevations
of
each
of
the
buildings.
So
on
the
top
one
is
the
South
building
that
faces
nine
or
south.
You
can
see
the
South
and
North
elevations
for
each
of
those
and
on
the
bottom
is
the
North
building.
M
So
the
base
interest
rate
would
be
three
points
above
the
US
Treasury
yield
and
then
that
from
there
there
would
be
a
reduction
of
a
half
percentage
point
of
each
public
benefit
that
they
will
be
providing
and
the
public
benefits
include
adaptive,
reuse,
public
amenities,
economic
impacts,
transit
alternatives,
architecture
and
design
and
sustainability,
and
we
can
go
into
those
a
little
more.
If
you
need
some
more
details.
M
I'm
gonna
be
a
five-year
term,
and
then
we
would
have
first
position
lien
on
the
on
the
loan
and
there
would
be
a
personal
guarantee
from
max
Caressa,
the
developer
C
and
they
already
a
finance.
Can
you
review
this
loan
on
September
17th
and
the
voting
members
unanimously
voted
to
approve
this
loan?
Is
there
anything
you
wanted
to
add
the.
A
I
A
question
on
the
environmental
or
the
sustainability
discount
I've
gone
through
the
22
page
packet
and
I
didn't
find
any
details
on
it.
Maybe
I
missed
it,
so
if
they're
in
there,
if
you
could
point
me
to
a
page
number
and
if
not,
could
you
just
talk
to
us
about
what
the
environmental
benefits
are?
Yeah.
K
Yeah,
these
would
specifically
be
contractually
obligated,
through
the
loan
agreement
that
we
execute
with
the
borrower
and
if
you
I
know
that
the
development
team
has
thought
through
the
sustainability
measures
quite
a
bit
and
they're
in
the
audience
behind
us.
If
you
want
additional
information
from
them
on
the
specific
measures,
no.
I
K
We
would
do
that
as
part
of
the
construction
draw
process.
So
if
there's
an
element
that
as
part
of
the
construction
process,
we
would
definitely
ensure
that
those
are
being
implemented
as
we
go
through
the
construction
draw
process
and
then
any
that
are
ongoing,
we
would
have.
We
would
require
annual
reporting
requirements
on
meeting
those
and
they
would
be
in
default
of
the
loan
agreement
if
any
of
those
were
not
followed
through.
That's.
I
Great
I
look
forward
to
when
we
get
time
to
unpack.
You
know
some
more
specifics
and
and
recommendations
we
can
build
into
this
so
that
it
is.
This
looks
like
a
good
list,
but
I
don't
really
know
what
the
spectrum
of
opportunity
is
and
that
the
technology
in
building
and
energy
is
evolving
so
quickly.
I
That
I
hesitate,
on
the
one
hand,
to
ask
us
to
put
things
in
writing
about
to
put
a
finer
point
on
what
our
expectations
are
for
that
public
benefit,
and
yet
we've
seen
a
real
spectrum
of
environmental
sustainability.
For
this
point,
five
percent
reduction
without
any
judgement
on
this
particular
one
we've
seen
a
real
spectrum
of
it
and
everybody
who
does
something
it
feels
like,
gets
the
point
five
percent,
while
some
do
much
more
and
some
do
far
less
so.
J
K
With
this
specific
project,
we
really
thought
through,
since
it
is
adaptive,
reuse,
the
sustainability
measures
are
going
to
look
different
than
if
it's
a
new
construction
building.
So
Tracy
was
heavily
involved
in
that,
but
really
thinking
through
with
the
developer.
What
could
be
implemented
as
far
as
sustainability
measures.
K
A
So
for
the
board
members
information
this,
they
were
sort
of
looking
for
some
action
either
today
or
in
November.
They,
as
was
pointed
out,
the
revolving
loan
fund
doesn't
have
yet
enough
money
to
fund
this
project
until
November.
However,
if
the
board
decided
to
take
action
today,
we
can
take
action
approving
the
or
not
right,
but
can
approving
the
loan
with
the
contingency
that
it
wait
until
the
loan
fund
actually
has
the
money
in
it.
Does
that
make
sense
for
everyone?
Madam.
A
I
L
Madame
chair,
they
actually
held
a
community
council
meeting
in
their
building
two
weeks
ago.
Maybe
three
weeks
ago
now
there
is
significant
interest
by
the
neighbors
in
rezoning.
A
lot
of
that
block
right
now.
It's
m1,
but
it's
all
resident,
mostly
residential,
is
just
historically
it's
not
conforming
to
put
it
a
mix,
use
just
like
this
development,
so
I
may
see
that
come
for
the
council
and
weeks
to
come.
J
A
E
A
A
We're
gonna
move
under
the
North
Temple
project
area,
catalytic
development
strategies
and
I
want
to
just
this
particular
agenda
item
is
somewhat
specific
to
the
North
temple,
but
I'd
also
like
to
posit
that
we
as
a
board,
begin
sort
of
thinking
about,
because
I
think
this
leads
into
a
broader
conversation.
What
does
catalytic
mean?
What
do
we
mean
by
catalytic
projects
because
I
think
we're
going
to
be
seeing
this
with
the
State
Street
project?
A
A
I
know
James
and
I
have
talked
about
like
having
a
attic
project,
and
then
it
not
really
be
the
thing
that
we
thought
it
was
going
to
be
and
how
to
kind
of
make
sure
we
fix
all
of
that,
which
is
what
you're
trying
to
do
with
this
project.
So
welcome
to
the
table.
Cara
and
Ben
and
Danny
have
been
here
so
let's
just
get
going.
Okay.
F
F
This
item
is
really
specifically
in
response
to
just
over
$800,000
that
the
board
has
appropriated
over
the
past
two
years
in
terms
of
providing
funding
for
catalytic
project,
and
so
the
work
that
Cara
and
the
team
has
done
is
trying
to
come
back
to
the
board
and
provide
ideas
for
what
that
could
look
like,
so
that
we
arguably
can
can
work
with
the
board
in
terms
of
rolling
out
those
funds.
So,
having
said
that,
all.
N
Right,
thank
you
Danny.
So,
as
Danny
mentioned,
we
started
this
process
of
looking
at
potential
projects
and
programs
after
our
main
board
meeting,
when
the
RDA
board
reviewed
the
RDAs
proposed
budget
for
fiscal
year
20,
and
in
that
budget
there
was
a
line
item
for
north
temple
catalytic
project.
So
at
the
time
board.
N
Member
Mendenhall
requested
that,
rather
than
coming
back
with
a
specific
plan
for
spending
that
funding
that
we
identify
some
potential
programs
and
projects
for
it,
go
out
to
the
community
hear
from
them
about
their
priorities
and
then
returned
to
the
board
for
a
discussion
about
those
ideas
and
and
have
that
discussion
here.
So
the
I
have
a
little
bit
of
background
in
this
presentation
and
then
some
of
those
ideas
that
we've
come
up
with.
N
This
mission
statement
is,
as
we
all
know,
a
work
in
progress,
but
it
it
identifies
our
mission
as
to
revitalize
neighborhoods
and
business
districts
to
improve
livability
spark
economic
growth
and
foster
authentic
communities.
The
RDA
serves
as
a
catalyst
for
strategic
development
projects
that
enhance
the
city's
housing
opportunities,
commercial
vitality
and
public
spaces.
So
that's
kind
of
the
overarching
theme
that
we
were
considering
when
we
looked
at
potential
ideas.
This
next
slide
has
the
North
temple
project
area.
N
Okay,
also
to
provide
some
framework
for
the
discussion.
These
are
the
objectives
that
were
identified
in
the
project
area
plan
that
was
approved
in
2011
when
we
created
the
north
temple
project
area.
I'll
just
go
through
them
quickly
because
they
do
it
establish
this
framework
for
the
ideas
that
we
have
so
there
to
encourage
transit
oriented
development
participate
in
creating
a
walkable
community,
create
an
extension
of
the
city.
N
Creek
corridor,
preserve
residential
neighborhoods
redevelop,
the
state
of
Utah's
State
Fair
Park,
assist
in
improving
environmental
conditions,
create
and
renovate
open
spaces
for
the
community,
promote
sustainable
practices
designed
for
excellence
and
cost-effectiveness,
create
safe,
vibrant
and
useful
public
spaces
and
promote
population
growth.
Instead,.
N
So
we
have
some
current
activities
going
on
in
the
project
area.
They
include
the
spark
project
which
is
the
overnight
or
motel
purchase
an
RFP.
The
congregation
spirits
loan,
which
was
approved
by
the
RDA
board
this
year
for
the
development
of
a
distillery
and
barn
grill
on
ninth
West,
the
Fair
Park
public
market
feasibility
study,
which
is
just
getting
wrapped
up
and
will
be
presented
to
the
board.
N
N
The
next
number
on
there
is
the
tracks
which
was
completed
in
2013,
not
by
the
RDA,
but
just
certainly
a
catalytic
project
in
this
project
area.
The
next
number
six
is
the
public
market
study
for
the
fair
park,
which
has
been
centered
around
the
historic
barns
at
the
fair
park
and
then
moving
a
little
bit
southeast.
We
have
congregation
spirits,
the
red
iguana
to
loan,
that
the
RDA
provided,
the
Folsom
Trail
design
and
the
City
Creek
daylighting
study
and
then
finally,
the
public
art
under
the
I-15
overpass.
N
So
now
we're
gonna
get
into
the
ideas
that
we've
come
up
with,
as
I
mentioned,
with
input
from
the
community
and
based
on
what
we've
done
in
other
project
areas.
So
the
first
one-
and
there
are
seven
ideas
here-
I'm
just
in
case-
you
want
an
idea
of
how
long
this
will
go
on
the
first
one
is
the
interim
and
temporary
uses
of
city-owned
property
in
Folsom
corridor,
and
this
came
out
of
input.
N
We
got
from
the
community
that
the
trail
for
Folsom,
the
Folsom
Trail,
will
be
about
14
feet
wide,
and
this
corridor
ranges
from
probably
about
that
wide
up
to
almost
a
hundred
feet,
and
so
there
are
areas
where
the
city
owns
property
that
will
not
be
used
for
the
trail
and
so
until
there's
further
development
in
the
corridor.
There's
a
suggestion
that
some
of
that
property
could
be
used
for
interim
uses.
N
Is
to
use
our
revolving
loan
fund
to
assist
buyers
of
contaminated
properties,
so
there
are
potential
buyers
of
property
and
Folsom
corridor
that
have
run
into
some
obstacles
because
of
contamination
on
the
site
and
so
with
a
traditional
lender.
Often
there's
a
need
for
the
site
to
either
achieve
no
further
actions
status
or
for
the
state
to
say
the
remediation
goals
have
been
met,
and
so,
if
that's
not
possible,
before
someone
buys
a
property,
we
thought
we
could
convert.
N
The
next
idea
is
facade
improvement
grant
program.
As
you
probably
know,
this
is
something
that
is
currently
is
a
program
administered
by
hand,
but
there
are
boundaries
for
their
program.
Don't
include
the
North
temple
project
area,
so
that
might
be
something
that
board
wants
to
consider
for
that
program.
N
N
N
The
next
idea
is
to
implement
a
public
art
program
also
similar
to
maybe
what
we
did
in
the
greenery
of
the
mural
program.
It
could
also
be
used
for
a
more
iconic
piece
of
public
art
that
goes
through
the
city's
public
art
process
and
has
something
that
would
draw
community
members
to
the
corridor
to
see
that
art
and
then
final
strategy
was
to
do
strategic
property
acquisitions
and
acquire
properties
for
development
that
the
RDA
could
oversee.
N
A
Heard
a
public
comment
earlier
today
about
the
community
council
supporting
the
an
international
public
market
and
that
we'd
hear
more
about
that.
Do
you
have
missed
State
Fair
Park?
Is
this
coming
from
the
feasibility
study?
Or
can
we
I
know
you
you're
not
presenting
that
to
us
today
and
if
you
want
me
to
wait
until
you
do,
then
just
tell
me,
but
I
think
that
if
that
is
what
the
community
council
has
mentioned,
then
for
me
personally,
I'd
rather
wait
to
prioritize
anything
until
we
hear
more
about
that
particular
project.
A
N
F
A
That's
an
excellent
question,
and
so
I'd
love
to
hear
from
other
board
members
about
how
you
would
like
to
move
forward
like
I
said
that
was
just
was
not
a
direction
from
the
board.
That
was
my
thought
only
speaking
from
Amy
Fowler.
So
if
other
board
members
have
ideas
on
how
we
want
to
move
forward,
I
think
it
would
be
helpful
to
our
TA
staff
to
be
aware
of
kind
of
where
we're
at
and
what
we're
thinking.
I
I
Well,
like
so,
we've
funded
the
Folsom
Trail,
but
not
these
additional
potential
amenities
or
signage
or
unique
art.
We've
also
talked
about
increasing,
which
we
just
did
the
percentage
for
art
21.5%.
That's
we
haven't
talked
about
how
that
could
maybe
come
to
play
here
and
the
increment
for
the
area.
N
F
Think
that's
a
great
question.
I
think
same
with
the
feasibility
study,
I
think
if
we
ran
down
this
list,
there's
a
few
of
these-
that
we
could
actually
put
in
motion
right
now,
without
necessarily
any
funding
in
place.
But
arguably
we
could
see
if
we
wanted
to.
You
know,
extend
the
adaptive
reuse
program
if
we
wanted
to
broaden
our
revolving
loan
fund.
F
Likewise,
with
with
Folsom
trail
as
the
city
finalizes,
that
design,
we
certainly
as
an
agency,
could
engage
what
those
opportunities
may
be
to
expand
those
enhancements
and
then
do
the
due
diligence
on
what
that
cost
could
be
and
then
come
back
and
have
an
informed
discussion
of
what
we
really
be
looking
at
in
terms
of
what
the
agency
may
want
to
put
towards
that
in
a
future
budget
allocation.
And
so
for
me,
I
think,
arguably
as
staff
and
as
an
agency
to
go
out
and
try
to
continue
to
make
an
immediate
impact.
F
I
would
say,
put
the
money
in
things
that
may
come
to
us
right
away
like
loan
requests
and
development
and
maybe
look
at
buying
a
property
or
two
or
working
with
some
of
the
properties
that
are
there,
while
at
the
same
time
trying
to
work
on
those
mid
to
long-term
goals
of
really
just
trying
to
set
those
up.
And
then,
as
opportunities
continue
to
come
in,
then
we
can
see
where
the
needle
is
really
moving
in,
where
we
want
to
put
future
funding.
J
I
A
Course,
perhaps,
based
on
on
that,
maybe
what
we
could
potentially
do
is
when
you
are
ready
to
present
the
feasibility
study.
We
can
also
sort
of
include
this
as
a
follow-up
agenda
item
and
because
they
kind
of
do
all
tie
together
a
little
bit
and
maybe
have
a
have
some
of
these
questions
answered,
or
at
least
some
some
more
information
for
us
on
these
ideas.
Some
funding
sources,
the
feasibility
study
kind
of
well.
Maybe
we
can
do
a
big
briefing
on
that
whole
thing.
A
Does
that
make
sense,
and
then
real,
quick
one
question
I
would
is
why
hands
facade
problem
problems?
I,
don't
have
a
brain
anymore,
facade
program,
what
their
boundaries
are
and
and
why
and
if
we
can't
expand
like
looking
at
the
feasibility
of
expanding,
that
I
think
that's
a
big
one,
that
is
it
a
little
hanging
fruit,
I'm
just
actually
curious
as
to
why
there's
about
more
than
anything,
madam.
H
Orange
are
the
target
areas.
This
is
also
related
to
an
item
on
the
council's
agenda
later
today
about
the
new
five-year
consolidated
plan
for
HUD
federal
grants,
including
CDBG.
So
one
of
the
policy
questions
is
to
what
extent
the
council
and
the
board
would
like
to
align
RDA
project
areas
with
the
target
areas
to
spend
CDBG
dollars.
The
blue
areas
in
the
map
show
that
all
of
the
census
block
groups
in
the
North
Temple
project
area
are
income
eligible
for
CDBG,
but
none
of
them
are
within
the
orange
target
areas.
In
the
current
plan,
how.
D
Recommended
by
the
administration,
I
have
just
one
other
piece
to
add,
which
is
that
I
think,
while
the
facade
improvement
program
is
funded
largely
by
CDBG,
and
so
there
it's
governed
by
that
target
area.
The
council
and
board
could
decide
to
fund
it
through
general
fund
dollars
and
then
it
would
not
have
the
same
kind
of
limitations
so
and
there's
not
to
consider
to
remind.
D
J
E
The
North
temple
project,
we
had
a
facade
improvement,
grant
program
before
the
CDBG
on
on
Central,
and
so
that's
why?
Maybe
it
wasn't
yeah
and
that
one
was
funded
by
the
RDA
and
it
was
a
difficult
one
to
deploy.
To
be
honest
with
you,
it
was
a
matching
one,
meaning
that
if
they
asked
for
$5,000,
they
will
have
a
business
who
have
to
put
$5,000
as
well.
So
it
was
only
a
few.
A
number
of
businesses
took
advantage
of
that
program,
but
I
think
it
was
because
of
the
strings
attached
in
a
way.
E
J
D
D
Because
I
love
the
temporary
ideas
and
but
can
you
I,
don't
maybe
you
can
answer
today?
Maybe
we
you
answer
more
when
we
have
this
future
discussion,
we're
planning,
but
how
do
temporary
projects?
How
are
they?
Catalytic
I
want
you
to
pay
special
attention
to
the
very
elucidating
definition
that
I've
been
writing.
A
D
N
Well,
maybe
we
could
go
on
to
the
definition
of
catalyst,
since
that
was
in
your
definition
of
K,
yes,
and
so
that's
something
that
causes
a
reaction
right
or
causes
a
change.
I
think
temporary
uses
can
do
then
by
bringing
people
to
a
place
and
I
mean
that's
kind
of
oversimplified,
but
right
now
we
have,
or
we
will
have
a
trail
with
not
much
going
on
next
to
it,
but
a
neighborhood
that
wants
to
use
the
trail
and
what
we've
heard
is
that
amenities
along
the
trail
would
attract
people
to
it.
F
No
I
would
build
off
that
that
it's
bringing
people
to
the
area
showing
interest
in
the
area
having
people
start
seeing
the
opportunity
that
that
can
come
from
that
and
then
having
developers
and
property
owners,
then
starting
to
be
willing
to
to
capitalize
on
that,
and
then
that
arguably
starts
a
chain
reaction
and
effect
that
you
want
to
see
that
become
more
permanent
uses
and
draws
to
the
area.
And
how
do
we
know
that
that
works?
F
That
is
the
question,
and
that
is
what
I
mean.
We
take
the
approach,
arguably
that
as
an
agency
and
as
a
staff,
our
goal
is
to
try
to
make
every
project
a
catalytic
project
to
some
degree
and
obviously
scale
in
context
and
what
project
area
we're
talking
about
all
come
into
play
and
so
not
to
keep
going
back
to
our
guiding
framework.
But
that
really
is
what,
if
you
remember
core
talking
about
that's
our
next
step
is
to
take
this
to
the
level
of
kind
of
what
Kara
just
did
here
with
North
temple.
F
H
Approach
that
the
board
and
the
council
is
taken
is
not
everything
can
be
measured,
but
some
things
can,
especially
when
there
are
specific
objectives
that
have
been
identified,
the
board
and
looking
at
those
objectives.
Some
of
these
do
have
metrics.
You
could
look
at
I
mean
the
easiest
being
number
11
promote
population
growth.
We
can
certainly
look
at
tracking
the
population
of
residents.
We
can
look
at
transit,
ridership
I
have
the
that
the
track
stations
and
the
bus
stops
within
the
project
area.
H
D
Meaning
how
do
we
make
sure
when
we
do?
Thank
you,
a
temporary
project
that
it's
also
catalytic
to,
because
sometimes
you
know
we
might
not
be
able
to
do
the
metrics,
but
I
see
I.
Take
your
point,
madam.
I
Chair
I,
think
about
before
I
was
on
the
council
before
you
were
here
Danny,
but
I.
Think
in
the
time
in
between
you're
here
when
the
city
funded
the
seventh
south
median
in
the
granary
where
alph
Andre
and
probably
someone
else
at
granary
row.
Thank
you
to
remember
that,
and
it
was
cool
and
then
I
was
over
it's
hard
to
say
whether
or
not
you
know
was
it
worth
our
investment
there.
I
It
activated
that
Street
for
a
while
and
it
brought
people
to
that
area
who,
like
me,
who
probably
wouldn't,
have
gone
there,
but
for
that
activation,
did
it
end
up
immediately,
resulting
in
a
catalytic,
dramatic
change
to
which
is
what?
If
we
go
to
our
mission,
it's
really
about
catalyzing
for
strategic
development
right
for
significant
transformations.
An
activation
might
be
that
spark
that
leads
to
developers
or
investors,
seeing
an
area
in
a
new
way
because
they're
having
a
beer
there
and
listening
to
a
band
and
they
never
would
have
gone
there.
I
G
G
I
I
Anyways
I
just
will
I
love
these
activation
ideas.
I
think
it's
appropriate
for
us
to
talk
about
making
them
happen,
and
it's
really
I
just
don't
want
to
tie
us
too
much
to
like
an
immediate
result,
because
that
some
catalytic
reactions,
even
in
a
laboratory
take
a
really
long
time,
but
once
they
happen,
it's.
F
In
and
I
think
his
staff,
we
would
say
to
your
point
Aaron
that
sometimes
the
catalytic
project
is,
is
really
getting
the
community
engaged
and
interested
in
their
own
area,
and-
and
you
probably
saw
that
with
granary
row,
saw
the
central
ninth,
where
it's
them
identifying
and
creating
their
own
brand
and
what
they
want
to
be.
And
then
that
is
arguably
what
then
snowballs.
L
Yeah
I
appreciate
all
seven
of
the
ideas
and
we've
talked
about
them.
Three
years
ago
we
had
a
RDA
info
session,
open
house
at
the
red
tree
room
right.
Quanta
to
you,
remember
this
at
all:
wid
developers
there
who
owned
property,
they're,
probably
still
owned
property
along
that
section
of
North
temple,
particularly
the
freeway
2/10
west.
Maybe
a
little
pass
that
to
the
river.
L
The
feedback
was.
There
is
an
image
problem,
there's
a
fundamental
image
problem
there.
It's
still
an
image
problem
there.
If
we
talk
about
that
amber
getting
involved,
the
neighborhood
refuses
to
go
down
to
North
temple.
They
live
in
the
neighborhood.
They
will
not
go
there,
it's
unsafe
for
them.
They
perceive
it
as
unsafe,
they're
all
great
ideas,
but
fundamentally
the
growth
is
happening
west
of
redwood
road.
L
This
section
of
North
temple
has
a
major
problem
in
the
Gateway
Motel.
Now,
I'm
not
saying
that's
the
whole
problem,
the
entire
area,
but
if
we
want
a
metric
to
look
at
in
community
engagement
and
developer
change
of
perception,
the
perception
changes
when
crime
rates
go
down
right
there
I
don't
know
that
we're
gonna
do
a
whole
lot
until
we
get
to
that
point
and
I
know
the
RDA
can't
control
a
lot
of
this
piece.
But
when
I
look
at
number
seven
property
acquisition,
a
catalytic
project
for
me
is
removing
some
element.
L
That
is
inhibiting
the
growth
and
I'm
letting
everything
else
started.
Own
reactions
existing
developers
who
own
land
who
are
sitting
on
it
because
they
make
money
off
of
things.
Probably
we
don't
want
to
make
money
off
of
their
who
don't
want
to
develop
because
they're,
not
quite
sure
it's
gonna.
Last
that's
for
a
few
months
of
a
police
intervention,
its
pent-up
demand,
but
it
won't
happen
until
we
do
something
to
remove
a
problem.
There
I
think
in
my
personal
opinion
and
I,
look
at
that.
First
graph
we
saw
about
the
the
growth
it's
negative
growth.
L
How
do
we
have
an
RDA
area
for
this
long
with
the
tract
with
multiple
tract
stations
and
negative
growth
that
just
astounds
me,
especially
looking
the
rest
of
the
city
and
the
rest
of
the
Wasatch
Front?
That
has
tremendous
growth
at
almost
every
front
on
our
track
station
and
it's
reversed
here.
So
for
me,
for
a
personal
perspective,
I'd
this
is
gonna
be
expensive,
but
I
think
we
need
to
look
at
property
acquisition
there.
L
We
need
to
take
away
some
issues
that
are
problems,
particularly
on
that
three
block
stretch
from
the
freeway
to
tenth
west,
where
the
public
market
may
go
based
on
the
feasibility
study
and
look
at
the
metrics
of
decreased
crime.
Increased
housing
number
one
for
people
to
activate
the
space
as
two
major
metrics
to
look
at
there.
Otherwise
I
think
they're,
great
ideas
and
I
agree
with
all
the
the
concepts
and
and
they
do
work
in
limited
fashion,
but
we
have
a
fundamental
core
issue
right
here.
L
F
In
response
to
that,
I
would
say
that
in
our
staff
notes
is
we
are
kind
of
talking
about
definition
of
catalytic.
One
of
those
is
exactly
that:
removing
the
undesirable
uses
or
issues
surrounding
why
developments
not
occurring
and
then
I
would
just
want
to
say
again
that
that,
if
you
recall,
is
the
board's
direction
for
us
to
purchase
the
overnight
or
motel
and
and
that's
why
we're
doing
that
project
right
now
and
obviously
I'd
love
to
buy
up
the
other
three
motels
and
I.
F
A
No,
but
I
think
it
really
with
Andrews
comments
as
well
opens
up
what
a
good
policy
a
future
policy
discussion,
not
just
for
the
North
temple,
but
for
you
know,
we've
talked
in
the
past
of
having
seed
funds
for
these
quote-unquote
catalytic
projects,
but
unless
we
sort
of
identify
and
that
definition
may
change
for
each
project
area,
of
course,
but
I
think
before
we
get
started
using
seed
funds
or
Dennett
doing
something.
That's
it's
this
process
of.
What
does
the
community
want?
A
What
does
it
mean
to
be
a
catalytic
project
and
how
can
we
get
the
best
bang
for
our
buck
right
and
so
I
appreciate
that
discussion
and
look
forward
to
further
discussion
on
that
and
I.
Think
Danny
you
and
I
can
follow
up
just
when
you'll
be
ready,
either
November
December
to
present
that,
but
that
can
be
offline
at.
A
So
thank
you
for
for
this.
Preliminary
discussion
and
I
really
look
forward
to
future
discussions
on
this
and
getting
an
awesome
catalytic
project
in
North
temple
with
that
we
have
another
policy
discussion
to
be
had,
and
that
is
policies
for
project
areas,
not
collecting
tax
increment.
So
I
will
welcome
to
the
table
Jen
Bruno.
You
can
stay
here
if
you'd
like
Danny
and
Tammy.
Yes,.
F
K
Resolution
does
have
a
wordy
title.
We
wanted
to
be
clear.
What
we
were
talking
about
should
I
jump
in
all
right.
This
is
a
follow-up
briefing
from
a
briefing
that
took
place
earlier
in
the
year
with
an
update
on
project
areas
that
are
no
longer
collecting
tax,
increment
funds,
and
so
we're
back
with
a
policy
resolution
and
additional
information
for
you.
So
just
a
high-level
overview.
A
project
area
is
considered
active
as
per
state
statute
when
it
is
adopted
when
the
plans
adopted
by
both
the
City
Council
and
the
RTA
board.
K
So
we
have
four
active
project
areas
that
are
not
collecting
tax
increment.
At
this
time
we
have
two
that
are
in
kind
of
a
post
collection
phase
and
that
sugarhouse
and
West
temple
gateway,
and
then
we
have
two
that
are
in
a
pre
collection
phase,
which
is
nine
line
which
are
nine
line
in
State
Street
so
beginning
with
the
post
collection
period
project
areas.
K
We
received
direction
from
the
board
earlier
in
the
year
when
we
presented
a
briefing
that
you
would
still
like
to
see
specifically
the
RTA
loan
program
utilized
post
collection
period
before
the
project
area
is
officially
closed
out,
and
so
we
came
back
with
a
policy
resolution
which
is
in
your
packet
that
lays
out
specific
conditions
for
dissolving
a
project
area.
So
we
basically
would
expend
all
tax
increment
funds
that
have
been
generated
from
the
project
area
before
we
close
the
project
area
out
dispose
of
all
property
the
RTA
owns.
K
So,
for
example,
in
the
sugarhouse
project
area
we
still
own
the
DI
site.
We
would
complete
that
project
dispose
of
the
property
before
finalizing
that
and
closing
the
project
area
out
and
then
complete
all
public
infrastructure
projects.
So,
for
example,
in
West
temple
Gateway
we
have
the
nine
South
streetscape
project,
that's
going
on
so
once
those
three
conditions
are
kind
of
fulfilled.
K
We
would
move
forward
with
the
dissolution
process,
which
requires
an
ordinance
by
the
City
Council
and
a
resolution
by
the
RTA
board
so
going
back
to
using
RTA
tools
before
that
happens,
we're
already
prevented
from
using
the
tax
increment
reimbursement
program
just
by
the
nature
of
we're
no
longer
collecting
tax
increment.
But
in
terms
of
the
RTA
loan
program.
K
In
the
policy
resolution,
we
are
proposing
that
for
non
RTA
projects,
we
would
still
have
the
RTA
loan
program
active
and
available
for
developers
two
years
after
the
termination
of
that
collection
period
and
then
for
RTA
lead
projects
like
for
RT
a
RDA
on
property.
We
would
keep
the
RTA
loan
program
available
through
the
end
up
to
the
point
of
dissolution,
so
those
are
kind
of
the
two
recommendations
that
we
put
forward
in
the
resolution
for
that
and
then,
of
course,
for
any
project
that
includes
affordable
housing.
K
We
can
use
RTA
tools
citywide,
so
the
RTA
loan
program
would
still
be
available
for
affordable
housing
projects.
In
project
areas
that
are
we
that
we
are
already
dissolved,
so
the
resolution
attached
to
your
packet.
It's
just
really
contains
the
policies
for
conditions
for
dissolving
the
project
area
and
then
utilizing
the
RTA
loan
program
before
the
project
area
is
dissolved.
The
second
piece
of
the
briefing
this
isn't
an
action
item.
K
This
is
just
more
informational
for
you
on
the
two
pre-collection
project
areas,
so
state
street,
in
nine
nine,
as
we
mentioned
earlier
in
the
meeting,
we
did
have
Mumma
with
the
school
district
last
week,
where
they
voted
to
move
forward
with
State
Street
in
nine
line,
so
that
was
great
news,
the
other
two
large
taxing
entities
or
the
county
in
the
city,
so
the
county.
We
are
planning
to
ramp
up
discussions
with
them.
K
Now
that
the
school
district
has
signed
off,
the
county
had
prioritized
block
67
higher
than
nine
line
in
State
Street
and
those
negotiations
have
wrapped
ramped
up
soar
completed.
So
we
really
feel
like
we
can
ramp
up
the
negotiations
with
nine
line
of
State
Street
and
then
once
we
have
a
complete
picture
of
what
we're
doing
with
both
the
county
in
the
school
district.
K
We
will
come
back
to
the
city
because,
of
course
we
have
to
negotiate
an
interlocal
with
the
City
Council
as
well,
so
we
will
come
back
and
engage
the
City
Council
on
discussions
with
an
inner
local
there.
So
those
are
the
the
top
three
taxing
entities
and
then,
of
course,
there's
still
opportunity.
If
the
board
wishes,
we
could
engage
the
Salt
Lake
City
library
as
well.
That's
kind
of
the
fourth
largest
taxing
entity
engage
them
in
the
process
to
negotiate
an
interlocal.
J
I
Curious
about
the
RT
on
RTA,
owned
property
being
disposed
of
unless
it's
been
identified
for
a
long-term
use.
I
think
about
you
know
galavan
like
of
course
we're
gonna
long
term.
That's
a
long
term
use
and
then
I
think
about
other
properties
like
our
SRO
building,
and
it
has
been
a
long-term
use,
but
I
don't
know.
I
could
see
where
we
reconsider,
whether
or
not
we
need
to
or
want
to
own
continue
to
own
those
kind
of
buildings.
I
M
A
I
Had
the
RDA
tools-
or
we
don't
want
to
maintain
an
RDA
I-
know
that
when
we
have
too
much
in
our
portfolio,
then
we
can't
do
new
project
areas
and
you
presented
an
awesome
presentation
on
a
whole
bunch
of
potential
new
project
areas,
but
I
just
I,
don't
want
to
tire
hands
too
much
with
preservation
of
long
term
properties,
meaning
we
have
a
project
area,
we're
keeping
it
right.
I.
F
Think
I
think
that
would
obviously
be
a
decision.
I
don't
want
to
say
case-by-case
basis,
but
arguably
that
could
come
into
play.
Your
point
about
housing
is
is
noted
because
I
think
that
would
be
one
where,
because
we
can
continue
to
do
housing
citywide,
then
that
may
not
necessarily
come
into
play
in
a
specific
project
area,
I.
Think
for
us.
We
didn't
really
come
in
to
any
conflicts
as
much
as
just
trying
to
recognize
the
different
types
of
property
that
we
currently
own.
F
That
are
not
necessarily
we're
looking
at
disposing
of
anytime
soon,
but
that
that
could
potentially
be
a
factor
in
terms
of
when
you
would
want
to
expire
a
project
area.
If
you
want
to
keep
those
tools
available,
I
think
it
also
comes
into
play.
If
the
agency
starts
looking
at
doing
different
types
of
property
disposition
or
development,
if
we
really
wanted
to
start
doing
more
long-term
ground
leases
or
joint
venture
opportunities,
that
may
be
a
conflict
as
to
the
long
term.
F
Holding
of
that,
as
it
relates
to
a
project
area,
dissolution,
I,
think
for
us
we
really
just
looked
at
it-
is
identifying
when
development
of
the
property
would
be
done
and
therefore
the
the
need
of
the
tools
wouldn't
exist
anymore
versus
identifying
a
property
that
we
would
continue
to
hold
and
and
just
don't
need
the
project
area
to
justify
it
anymore.
If
that
makes
sense,
yeah
so.
A
A
Knew
there
was
one
of
them
and
they're
not
active
or
something
that
they're
sort
of
in
flux.
So
how?
But
we
know
that
we
want
to
do
some
things
or
want.
We
have
some
sites
and
some
goals
for
at
least
ballpark
right
and
I.
Don't
I
don't
want
to
create
a
policy
that
could
hinder
us
from
from
doing
any
of
those
things
right.
So
how
would
this
affect
those
areas?
I.
F
Would
say
with
regard
to
Central
City,
that
was
probably
one
of
the
project
areas
that
originally
initiated
this
conversation
is
Central.
City
was
designated
early
early
on
as
a
target
area
for
housing
and
where
we
can
continue
to
do
housing
citywide.
We
really
don't
need
it
anymore,
and
so
that's
kind
of
what
started
the
conversation
of.
How
do
we
officially
dissolve
that
one
so
I
think
that
would
probably
then
take
place
once
this
policy
is
in
motion
as
far
as
ball
park,
I
think,
to
that
extent,
I
think
you're,
probably
wise.
F
This
course
of
action
is
to
understand
that
the
property
within
ball
park
right
now
is
city-owned.
So
while
it's
not
agency
owned
property
that
we're
looking
to
keep
the
project
area
available
for
agency
tools,
I
think,
as
we
look
at
options
for
developing
that
we
take
the
mindset
almost
as
if
it's
agency
owned,
and
that
we
want
to
preserve
the
opportunity
to
utilize
tools.
A
K
Put
madam
chair
may
I
just
open
it
up.
The
resolution
is
just
strictly
for
post
collection,
area,
project
areas
and
I,
don't
know
if
you
want
to
offer
any
policy
guidance
on
pre
collection
areas,
you
just
approved
alone
for
West
End,
so
it
seems
like
you're
in
favor
of
using
already
a
loan
program
tools.
I
am
now.
A
A
You
please
come
back
with
some
language
that
you
think
similar
to
what
we
did
here
so
I
think
it's
helpful
when
we
kind
of
have
the
people
who
do
this
every
day
under
the
experts
in
it.
If
you
will
kind
of
guide
us
a
little
bit
on
some
of
these
things,
that
I,
like
the
two-year
idea,
I
like
the
until
it's
dissolved,
idea
right
and
that
makes
sense
to
me
and
so
I-
don't
have
to
think
extra
extra
hard
on
it.
But
I
can
write.
A
So
maybe
you
could
come
back
with
some
policy
language
or
potential
policy,
language,
ordinance,
resolution
language
for
us
kind
of
based
on
what
happened
today
and
and
reading
our
minds
that
you're
good
at
and
then
we
would
have
something
a
little
bit
more
to
discuss
and
we
can
put
that
in
the
future.
You
know
I,
don't
I,
don't
think
we
need
a
huge
rush
on
it,
but
maybe
like
a
December,
January
type
of
timeline.
A
If
that
works,
Danny
will
tell
me
if
it
doesn't
work
later
after
so
I
think
that
just
helps
the
discussion
spur
the
discussion
and
does
anyone
want
to
take
action
on
this
today
or
do
you
want
it
on
Charlie?
No,
he
just
liked
it.
Okay
and
we'll
take
action
in
November,
so
y'all
can
think
about
it
for
another
three
weeks,
all
right
next
on
the
list,
I
don't
see
an
executive
director
here
at
our
meeting
today,
so
there
are
no,
as
there
announcements
from
the
RTA
staff
and
I
know.
F
5-2
part
of
that
was
part
of
the
conversation
they
had
school
district
has
expressed
a
lot
of
interest
and
concern
about
us
continuing
not
only
as
part
of
our
approval
of
those
project
areas,
but
just
in
general,
working
with
the
school
district
of
really
starting
as
an
agency
trying
to
identify
how
we
can
incorporate
within
our
housing
efforts
things
that
someone
align
more
with
what
their
goals
are
of
more
families,
housing
developments
with
larger
units.
Excuse
me
also
some
of
those
infrastructure
improvements
that
we
talked
about
in
the
North
temple.
So
those
are
conversations.
F
What
can
you
continue
to
have
you'll
start
by
seeing
some
of
those
element
elements
as
we
bring
back
policy
discussions
for
the
board,
and
just
so
you
know
that
a
lot
of
that
is
coming
from
the
school
district
of
wanting
to
see
that
in
the
work
we
do
so
continuing
to
build
that.
So
that
is
one
announcement.
The
other
is
to
announce
our
latest
project
manager.
Her
name
is
Ashley
scarf
I'm.
F
Looking
at
the
notes
and
Amanda
wrote
for
me,
and
it
simply
says,
she's
great
I
think
you
as
a
board
might
want
to
know
a
little
bit
more.
No
I
actually
comes
to
us
by
way
of
Pittsburgh.
She
came
to
the
University
of
Utah
to
get
her
master's
degree.
She
has
worked
at
Park,
City
and
most
recently,
two
years
in
our
planning
department,
and
we
warned
her
that
you
may
or
may
not
call
her
up
here.