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From YouTube: Redevelopment Agency (RDA) of Salt Lake City - 5/18/21
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A
And
unmuting
lines
when
amanda
unmutes
your
line
and
lets
you
know
it's
your
turn,
please
take
your
first
and
last
name,
just
as
you
would
in
our
in-person
meetings,
indicate
the
topic
you're
speaking
on
and
the
two-minute
timer
will
begin
at
the
two-minute
mark.
We
will
announce
time
and
your
microphone
will
be
muted.
B
Sure
thing:
first,
we
have
patrick
talley.
B
Oh,
hey,
I'm
patrick.
Hopefully
you
can
hear
me
all
right.
A
B
Okay,
cool
yeah,
so
I
guess
my
comments
about
the
livable
city
initiative.
It
seems
based
off
like
what
I
saw
from
the
300
west
planning,
there's
very
little
importance
put
on
like
dedicated
bus
lanes
and
stuff
like
that,
and
I
feel
that
should
be
necessity.
B
There's
so
much
research
about
how
cities
are
only
as
like
efficient
as
their
bus
lines
for
the
most
part
are
like
their
public
transit
and
the
idea
is
like
if
our
buses
are
stuck
in
traffic,
then,
what's
the
point
of
you
ever
using
a
bus,
and
that's
going
to
like
have
so
many
downtrend
effects
about
just
overall
traffic
and
just
everything
else,
so
I
feel
like
that
should
be
more
important.
B
Maybe
I
just
missed
it,
and
so
I'm
sorry-
and
I
guess
the
other
thing
is-
it
seems
that
there's
also
like
on
that
initiative
and
stuff,
like
that-
I
guess
I
just
want
to
like
maybe
bring
to
your
attention
like
the
idea
of
points
of
conflict.
It's
like
on
that
road.
It's
still
really
really
car
centric.
It
feels
like
where
there's
gonna
be
a
lot
of
points
of
conflict
about
like
okay
cars
coming
in
and
stuff
like
that.
So
I
just
feel
I
don't
know.
B
I
know
like
strong
talent,
has
a
lot
of
stuff
about
that,
how
you
should
be
like
kind
of
focusing
more
on
having
streets
and
like
having
roads
instead
of
like
trying
to
intermingle
them,
which
is
a
more
american
type
concept
versus
like
more
netherlands
style
concept.
So
sorry,
it's
a
little
bit
rambly,
but
I
just
kind
of
want
to
have
that
as
a
comment.
A
Thank
you.
I
don't
see
other
names
for
general
khan
all
right.
Thank
you
to
everybody
who
everyone
who
provided
a
general
comment
was
one
gentleman.
Are
there
any
comments,
and
you
said
nobody
else
is
out
there.
So
we
are
now
at
the
public
hearing
portion
of
our
agenda.
We
only
have
one
public
hearing
item
b1
rda
budget
amendment
number
one
for
fiscal
year,
20
20
21.
A
A
Rda
chair,
we
do
not
have
any
comments
for
this
public
hearing
right.
Thank
you.
So
much
before
we
move
on
to
item
one
of
our
agenda,
I
wanted
to
welcome
our
newest
board.
Member
dennis
paris,
welcome
to
an
exciting
meeting
today
to
hear
about
budget
for
the
most
part
and
a
little
bit
of
housing
priorities.
So
we're
excited
to
have
you
dennis.
A
Welcome
we
are
on
item
number
one
resolution,
which
is
rda
budget
amendment
number
one
for
fiscal
year,
20
20
21,
so
basically
the
one
that
it's
about
to
end.
Are
you
kind
of
care.
D
Okay,
sorry,
that
must
not.
We
had
to
amend
the
agenda
late
last
week
and
maybe
that
didn't
make
it
into
the
script
version.
But
there
is
a
resolution
for
the
board
to
consider
which
permits
the
redevelopment
agency
board
of
directors
to
meet
electronically
pursuant
to
the
utah,
open
and
public
meetings
act.
B
A
E
F
A
B
F
A
For
my
father's
currently
absent
and
and
I'm
a
yes
so,
the
motion
passes
now
we're
moving
on
to
item
number
two
in
this
case
resolution
rda
budget
amendment
number
one
for
for
fiscal
year,
2020
21.
D
And
we'll
have
ben
lead
key
on
our
staff
and
yep
and
danny.
G
Thanks,
madam
chair
each
year,
the
rda
board
receives
a
budget
amendment
to
adjust
the
annual
budget
based
on
actual
tax
increment
received.
The
budget
amendment
before
you
today
contains
the
true
up
adjustments
based
on
actual
tax
increment.
Most
of
the
items
in
this
amendment
are
legal
requirements
for
the
rda.
For
example,
several
items
are
taxing
entity
payments
which
is
a
pass
through
to
the
school
district
or
salt
lake
county.
G
G
G
Funding
in
this
loan
program
does
not
lapse
to
fund
balance
at
the
end
of
the
fiscal
year.
There
are
currently
no
applications
in
the
pipeline
for
these
funds.
The
administration
is
working
on
potential
revisions
to
the
pro
to
the
loan
guidelines
that
would
require
board
approval.
So
you
may
see
this
loan
program
come
back
to
you
next
fiscal
year.
G
G
G
G
G
G
G
G
There
is
a
total
of
2.1
million
dollars,
assuming
this
additional
amount
is
approved,
but
of
that
2.1
million
750
000
is
pending
reimbursement.
The
agency
fronted
the
750
000
to
fund
a
new
track
station
at
650.
South
main
street
and
adjacent
developments
are
reimbursing
the
agency,
but
the
exact
timing
of
those
reimbursements
is
not
known.
G
B
Remember
I'm
just
looking
through
the
staff
report.
I
don't
see
any
of
those
things
you
just
listed.
Am
I
reading
the
wrong
thing
or
I.
D
We
received
it
in
in
the
middle
of
our
budget
process,
and
so,
if
you
go
through
the
administration's
transmittal,
those
projects
are
all
listed.
What
ben
was
able
to
do
is
pull
out
from
the
administration's
transmittal,
which
things
are
not
legally
required
for
the
board
to
adopt
as
part
of
a
budget
amendment.
D
So
there
are
some
things
like
tax
increment
reimbursements
that
where
we
already
have
a
contract
with
a
developer,
for
example,
to
reimburse
tax
increment,
that's
contractually
required,
and
then
there
are
other
things
like
funding
for
those
new
programs
that
the
board
could
take
it
under
advisement
and
act
or
not
act.
D
If,
if
you
feel
like
it,
one
other
thing
I
wanted
to
clarify
was
just
the
timeline
on
this
is
that
this
is
the
work
kind
of
the
work
session
item
for
this
we've
already
had
the
public
hearing
and
the
board
could
consider
adoption
at
a
june,
1
or
june
8
meeting.
B
A
I
was
trying
to
follow
as
well
what
ben
was
saying.
I
was
able
to
find
some
of
those
numbers
ben
in
the
in
the
in
the
trust
medal
that
we
have
from
from
the
administration.
However
ben,
is
it
possible?
Did
you
send
us
an
email
with
this
information
that
you
presented
today,
or
is
it
possible
that
you
could
send
it
to
us
so
that
we
can
compare
with
the
document
that
we
have.
G
Yeah,
I
can
definitely
send
you
a
summary
of
my
verbal
remarks,
I'll
work
on
that
next.
A
That
would
be
great.
Thank
you
so
much,
oh
and
then
I
had
another
question.
You
said
first
for
the
depot
district
that
there
was
with
a
combination
with
city
funds.
It
was
about
11
million
dollars
of
funds
set
aside
for
infrastructure
in
that
area.
G
E
G
Yeah,
I
can
include
the
rda
in
a
recent
transmittal
included
a
really
handy
map
that
shows
the
different
parcels,
as
well
as
the
locations
of
the
proposed
new
streets.
So
I'll
include
that
in
the
email
to
the
full
board.
A
Thank
you.
I
appreciate
that
anybody
else
have
any
questions,
or
can
we
have
danny
next
we're
good.
I
All
right,
I'm
sure
I
was
assuming
we
were
waiting
to
see
if
board
members
had
any
questions
for
ben.
Thank
you
thanks
ben
for
tuning
that
up
that
pretty
much
covers
everything
in
our
transmittal.
So
I'm
happy
to
answer
any
additional
questions
from
the
board
at
this
time.
F
I
noticed
on
the
the
way
I
was
reading
this
that
the
tax
increment
seemed
to
be
higher
than
the
budget
was
that
based
on
just
a
good
year,
or
do
we
see
that
going
forward?
Also,
or
did
I
read
that
or
am
I
reading
it
wrong.
I
No,
you
were
reading
that
correct.
This
is,
as
ben
said,
this
is
essentially
just
a
truing
up
of
the
actual
dollar
amounts
we
received
in
tax
increment,
and
we
are
fortunate
that
pretty
much
all
of
our
funds,
we
received
more
increment
than
what
we
originally
projected
in
the
original
budget.
That's
primarily
a
function
also,
we
we
have
tended
to
be
in
the
last
few
years,
fairly
conservative
in
our
budget
projections
and
and
obviously
we'll
speak
to
that
in
a
few
minutes.
A
So
I
have
a
question
that
danny
so
so
that
I
understand
that
we
we
had
the
current
budget.
We
got
additional
funds,
we're
going
to
amend
that
budget,
but
are
we?
A
I
Out,
no,
we
are
handling
it
within
the
current
fiscal
year
and
the
reason
for
that
is
primarily
because,
as
ben
described,
there
are
several
allocations
that
we
have
to
do,
because
we
are
statutorily
obligated
and
or
obligated
by
interlocal
agreements
with
either
taxing
entities
or
reimbursement
agreements
with
property
owners.
So
this
is
a
truing
up
within
the
current
fiscal
year
and
making
sure
that
we
are
doing
the
correct
allocations
within
that
fiscal
year
prior
to
anything
rolling
over
to
fiscal
year.
22.
G
A
No,
I
don't
see
james.
I
don't
see
that
okay
all
right
well.
Thank
you.
We
are
moving
on
to
item
number
three,
which
is
overview
of
the
redevelopment
agency
budget
for
fiscal
year,
21
22.
So
next
next
year,
which
is
coming
up
at
the
table,
we
have
jennifer
bruno
from
our
console.
She's,
the
director
ben
danny
and
tammy
go
ahead.
Jen.
I
We
do
thanks
jen
and
thanks
again,
madam
chair,
as
we
pull
up
that
presentation.
Let
me
also
welcome
new
board
member
ferris.
I
don't
know
if
you
could
have
picked
a
worse
meeting
to
start
on
or
worst
time
of
year
in
budget,
but
I'm
sure
you've
already
heard
that
from
everyone.
So
I
will
just
apologize
in
advance.
I
We
are
pleased
today
to
come
before
you
board
and
present
our
fiscal
year
22
budget
as
part
of
this
presentation,
tammy
and
I
will
go
through-
go
through
it
together
and
then
obviously
at
any
point,
if
board
members
have
questions,
please
don't
hesitate
to
stop
us
so
tammy.
If
you
wanna
hit
the
next
slide
I'll
go
through
kind
of
what
the
contents
are.
We
wanted
to
start
with.
Just
a
few
highlights
from
fiscal
year
21..
I
Then
we
wanted
to
speak
to
what
our
priorities
are
for
fiscal
year
22
as
well
as
provide
the
description
for
some
of
the
new
programs
that
we're
proposing
and
then
we'll
get
into
the
really
interesting
numbers
and
charts
and
graphs
of
the
budget
breakdown
of
some
of
the
items
that
we
typically
provide,
tracking
and
metrics
on
and
then
finally,
we'll
go
through
the
high
level
key
changes
that
are
within
each
fund
within
the
budget.
I
So
next
slide,
please
tammy,
I
think
we'll
start
off
right
away
with
tammy
going
through
and
starting
us
with.
Some
of
the
highlights.
J
The
first
you're
probably
familiar
with
it's
at
about
1750
south
state
street,
the
redevelopment
of
the
former
capital
motel
site,
we're
partnering
with
the
housing
authority
of
salt
lake
city
on
that
they're
leading
that
project.
The
housing
authority
also
this
year
or
this
fiscal
year,
opened
pamela's
place,
which
is
a
great
project.
That's
providing
100
units
to
formerly
homeless
individuals
or
individuals
at
risk
of
homelessness
on
5th
west
and
525
south
the
last
little
box
down.
J
Moving
on
to
additional
housing
projects,
the
jackson,
loan
closure
and
groundbreaking
occurred
in
this
fiscal
year.
This
is
a
great
project.
It
was
actually
expiring.
The
term
of
affordability
was
expiring,
so
a
developer
came
in
and
purchased
the
property
re-upped
that
term
of
affordability,
so
those
lower
income
individuals
would
not
be
displaced,
displaced
from
the
project
and
they're
doing
a
historically
significant
or
sensitive
rehab.
I
should
say
on
the
project
the
maya,
the
first
building
of
the
maya,
which
is
part
of
the
exchange
development,
the
barnes
bank
redevelopment
opened,
which
is
exciting.
J
I
I
They
are
wrapping
up
that
construction
and
looking
to
start
leasing
that
space
you'll
recall
that
shortly
after
the
the
pandemic
hit,
the
agency
also
put
out
a
public
art
commission,
where
we
worked
with
33
utah
artists
to
do
the
art
for
hope
project
that
was
installed
on
several
rda
properties
throughout
the
city,
and
this
was
in
response
to
as
part
of
the
pandemic,
art
galleries,
closing
and
limited
opportunities
for
artists
to
display
their
work
and
and
having
a
hit
on
their
income
potential
and
then
importantly,
we
wrapped
up
the
final
stages
of
approving
the
nine
line.
I
Community
reinvestment
area,
which
has
been
now
formally
adopted
by
both
the
city,
the
school
district
and
the
county
through
enter
interlocal
agreements
with
the
agency,
and
we
have
finalized
all
the
last
pieces
to
start
officially
working
in
that
area.
I
And
then,
more
recently,
the
board
received
the
presentation
on
the
wrap-up
of
the
japan
town
design
strategy,
which
culminated
a
15-month
process
with
the
neighborhood
and
stakeholders
in
in
their
visioning
for
the
area,
you'll
recall
that
it
resulted
in
a
design
strategy
that
was
a
multi-phase
that
could
take
place
over
time
and
and
provided
cost
ranges
so
that
the
community
can
continue
to
look
at
how
they
can
implement
that
over
time
and
also
seek
additional
funding
and
partners.
I
We
continue
to
work
on
the
folsom
corridor
and,
more
specifically,
the
city
creek
daylighting
feasibility
study.
We
have
received
direction
to
move
forward
with
the
partial
creek
flow
option,
but
we're
also
working
with
seven
canyons
trust
to
put
out
an
rfp
to
design
a
master
plan
for
how
to
better
integrate
that
flow
option
into
the
overall
trail
corridor
and
also
recently
was
the
spy,
hop
building
dedication
and
opening
where
the
agency
provided
both
assistance
with
the
acquisition
of
the
land,
as
well
as
funding
for
the
construction
of
the
project
itself.
I
J
Moving
on
to
housing
policies,
as
you
know,
the
rda
board
recently
adopted
the
housing
development
loan
program
policy
and
the
housing
allocation
funds
policy,
and
this
is
several
years
of
work
to
kind
of
create
that
streamline
process
and
the
one
stop
shop
for
affordable
housing
developers
to
access
funding.
J
The
board
also
adopted
amendments
to
the
real
property
disposition
policy.
These
amendments
authorize
long-term
ground
leases
as
a
form
of
land
disposition
and
also
added
a
restriction
on
disposition
in
regards
to
exclusively
negotiating
with
adjacent
property
owners.
The
board
also
adopted
a
public
arts
policy.
I
Art
looking
ahead
to
fiscal
year,
22
budget,
yes
ma'am
cherry.
A
Yes,
I
would
so
I
I
forgot
to
mention
one
thing
and
I
appreciate
the
highlights
of
2021
to
start
this
meeting
off
and
now
we're
going
to
get
into
the
big
big
stuff
for
the
next
year,
but
because
of
time-
and
we
have
a
closed
session
later
today-
we're
going
to
combine
this
item
number
three
with
item
number
four,
which
is
the
affordable
housing
funding
priorities,
the
follow-up
that
we
had
from
last
time,
so
board
members
be
thinking
as
well
about
those
priorities
that
you
been
having
in
mind.
A
I
No,
I
I
appreciate
you
saying
that
that's
a
great
point,
because,
as
we
get
into
these
slides
a
little
bit
more
you'll
you'll
notice
that
tammy
gets
in
a
little
bit
more
detail
on
the
housing
side
and
that's
to
do
exactly
that
to
touch
on
those
priorities
and
combine
those
conversations
and
then
be
able
to
address
any
questions
or
concerns
that
the
board
has.
So
thanks
so
and
it's
a
great
segue
to
now
getting
into
next
year's
budget,
starting
with
the
priority
projects.
I
These
are
current
agency
projects
and
programs
that,
as
part
of
the
next
year's
annual
budget,
we
are
proposing
allocations
to
help.
We
talked
a
little
bit
about
station
center,
both
within
the
context
of
the
proposed
funding
within
budget
amendment
one,
as
well
as
additional
funding
proposed
in
fiscal
year.
22..
I
This,
as
we
stated,
is
for
not
just
the
infrastructure
within
station
center,
but
you'll
recall
that
in
prior
allocations,
the
board
has
indicated
that
those
funds
could
be
used
both
for
the
infrastructure,
as
well
as
site
costs
related
to
existing
agency
property
and
buildings,
and
also
some
of
the
final
land
acquisition
contracts
that
we're
in
as
well.
Right
now,
so
that
would
be
that
allocation
and
then
also
continue
to
provide
funds
for
the
north
temple
catalytic
project.
I
These
funds,
as
the
board,
has
directed
us
to
focus
on
both
property
acquisition,
loan
incentives
and
programs,
as
well
as
potential
infrastructure
improvements
in
the
north
temple
area
and
then,
finally,
as
tammy
mentioned
rolling
out
the
housing
development
loan
program
as
a
function
of
the
policies
that
the
board
has
approved,
allocating
funds
that
continue
to
put
these
resources
out
on
the
street
for
affordable
housing
projects.
J
J
The
first
program
we're
contemplating
is
a
storefront
and
commercial
revitalization
program,
and
this
is
really
looking
at
revising
our
commercial
loans
to
target
target
smaller
local
businesses
really
targeting
impact
in
in
specific
project
areas
and
being
more
flexible
with
our
funding.
We're
also
proposing
a
sustainability
technical
assistance
program,
and
this
is
really
with
the
mayor's
direction
to
heighten
our
sustainability
standards.
This
program
would
provide
funding
to
assist
developers
with
implementing
these
heightened
standards,
so
it
would
be
like
technical
assistance.
I
F
I
The
real
interesting
charts
and
graphs
and
metrics
that
we
like
to
highlight
for
the
board's
information,
as
as
you
consider
the
budget
for
next
year.
This
first
one
are
the
trends
of
our
tax
increment
revenue
as
we
receive
it.
Director
dugan.
I
This
ties
in
directly
with
your
question
earlier
of
how
we
make
the
projections
for
the
tax
increment
and
why
we
end
up
with
budget
amendments
to
true
that
up,
you'll
see
that
the
darker
blue
or
turquoise
bars
are
the
actual
revenues
that
we
receive
and
what
we
highlight
for
2020
and
2021
look
like
that.
We
are
actually
receiving
less
revenue.
This
is
simply
because,
as
part
of
our
budget,
the
numbers
we
project
within
the
actual
budgets.
I
We
are
fairly
conservative
year
over
year
and
then
what
we
actually
realize
in
terms
of
revenue
is
often
greater
than
what
we've
projected,
and
this
is
simply
just
a
safety
measure
we
build
in
as
part
of
being
conservative
so
that
we
know
that
we're
budgeting
what
we
more
securely
anticipate
receiving,
and
then
we
have
that
truing
up
as
part
of
the
budget
amendment,
so
this
doesn't
necessarily
represent
an
anticipated
drop
in
revenue.
I
As
much
as
just
how
we
are
reflecting
that
within
the
proposed
budgets
in
2020,
even
though
we've
just
presented
budget
amendment
one,
we
are
still
showing
what
the
original
budget
dollar
amount
was
not
necessarily
what
we've
actually
received
yet
so
next
slide.
Please
and
then
this
is
a
summary
of
our
overall
revenue
budget
and
we
like
to
present
this
so
that
the
board
has
a
greater
understanding
of
kind
of
how
we
realize
revenue
within
the
agency.
I
However,
the
the
bar
immediately
to
the
left
of
that
you,
you
first
have
to
realize
that
over
10
million
of
that
is
just
transfers
within
our
own
internal
fund.
It's
not
necessarily
true
revenue
as
much
as
just
us
as
we
receive
money,
then
moving
it
around
to
the
different
fund
transfers.
So
taking
that
and
jumping
now
over
to
the
far
left
that
basically
starts
with
37
million
dollars
of
tax
increment
that
we
receive
and
again
these
are.
These
are
our
projected
revenues.
I
So
tax
increment
is
the
major
source
of
revenue
for
the
agency.
We
also
realize
or
project
just
under
two
million
dollars
in
interest
within
our
funds
and
that's
a
combination
of
obviously
us
holding
the
funds,
not
just
within
the
current
fiscal
year,
but
on
a
lot
of
our
capital
projects
that
we
hold
year
over
year
that
generate
interest
within
that
revenue.
I
We
also
technically
receive
4.1
million
in
additional
taxing
entity
payments
as
a
function
of
the
cbd
project
area
and
block
70,
as
far
as
what
we
have
agreed
to
reimburse
back
to
them
and
then
what
they
have
agreed
to,
let
us
hold
on
to
as
part
of
the
equals
project
internally.
We
also
realize
over
1.4
million
in
revenue
from
parking
structures,
our
rental
properties
and
items
like
that.
I
I
And
then
taking
that
47.6
on
the
expenditure
side,
how
it
plays
out
is
the
first
thing
we
have
to
do
is
as
a
function
of
several
of
our
project
areas
and
extensions.
We
have
to
turn
around
and
directly
rebate
back
to
the
taxing
entities,
just
over
17.1
million
dollars.
So
it's
the
case
where
we
receive
the
increment
and
as
part
of
our
negotiations
with
the
entities
and
the
inter-local
agreements,
they
are
entitled
for
us
to
rebate
back
to
them.
A
portion
of
that.
I
We
also
have
just
over
3.8
million
in
contractual
obligations
with
developers
and
property
owners
for
reimbursement
agreements,
and
it's
been
indicated
in
our
earlier
presentation.
These
are
post-performance
payments
that
are
based
on
agreements
that
we've
negotiated,
that
if
they
build
the
project
and
it
generates
the
increment
is
proposed,
then
they
are
entitled
to
a
reimbursement
of
a
portion
of
their
their
tax
increment.
I
From
there
we
have
just
over
7.8
million,
and
this
includes
everything
from
our
administration
costs,
our
overall
operations
and
maintenance
and
services
that
we
we
pay
for.
And
what
that
does
is
starting
with
the
47.6
million
that
we
receive
in
revenue.
That
leaves
just
over
7.7
million
for
actual
projects
and
allocation
towards
things
that
we,
as
the
agency
then,
and
you
as
a
board,
have
the
opportunity
to
decide
how
to
spend.
J
So
of
that,
7.75
million
this
chart
demonstrates
how
the
rda
administration
is
proposing
on
allocating
that
discretionary
funding
for
projects
about
61
of
that
allocation,
we're
proposing
for
various
housing
activities,
19
for
commercial
and
mixed
use,
and
then
we
have
eight
percent
for
infrastructure,
seven
percent
for
loans
and
five
percent
for
environment
and
sustainability.
J
Most
of
these
specific
programs
listed
here
have
been
mentioned
on
previous
slides,
so
I
won't
get
into
them,
but
I
will,
on
the
next
slide,
get
a
little
bit
into
housing
and
madam
chair,
based
on
your
request,
to
combine
these
two
agenda
items
I'll,
take
a
little
bit
of
a
deeper
dive
here,
new
for
this
fiscal
year
and
based
on
two
housing
policies
that
you
recently
adopted.
J
Last
time
the
rda
talked
about
a
funding
strategy
and
specifically
funding
priorities
that
we
transmitted
to
the
board.
This
strategy
is
intended
to
provide
the
board
an
opportunity
to
strategically
target
funding
on
an
annual
basis
and
the
way
the
board
can
do.
This
is
twofold:
by
taking
a
comprehensive
look
at
housing
resources
through
the
annual
budget,
which
is
what
we're
doing
now
and
ultimately
adopting
those
funding
allocations
for
housing
through
the
rda's
annual
budget
and
then
new
for
this
fiscal
upcoming
fiscal
year
by
adopting
a
funding
priorities
resolution
for
the
next
fiscal
year.
J
There
are
four
funds
which
are
displayed
here:
the
housing
development
fund,
which
is
comprised
of
funding
our
future
funding.
The
primary
housing
fund,
which
is
the
mandatory
set
aside
for
affordable
housing,
secondary
housing
fund,
which
is
discretionary
tax,
increment
for
affordable
housing
and
then
northwest
quadrant
housing
fund,
which
is
that
inland
port
tax
differential.
J
The
board
has
authority
to
adjust
these
recommended
allocation
amounts
or
add
new
projects
and
programs
to
fund.
But
what
the
rda
administration
has
proposed
through
the
budget
is
that
the
bulk
of
it
go
through
the
housing
development
loan
program
to
a
city-wide
housing
nofa.
That
would
be
about
3.5
million
dollars
worth
one
million
dollars
for
a
strategic
property
acquisition
and
000
for
an
adu
program.
J
Based
on
the
board's
discussion.
During
the
last
meeting,
we
heard
that
the
board
does
not
want
to
use
the
250
000
for
the
from
the
northwest
quadrant
housing
fund
for
an
adu
program,
but
rather
have
rda
staff
return
with
a
structure
for
utilizing
the
funding
for
a
community
land
trust
or
a
urban
wealth
fund
type
program.
J
Rda
staff
realizes
a
million
dollars
is
not
enough
to
purchase
a
property
of
a
significant
size,
but
we
were
strategizing
that
funds
could
also
be
used
say
from
the
north
temple,
catalytic
pot
of
money
or
other
sources
and
be
leveraged
with
this
million
dollars
set
aside.
But
the
board
could
increase
that
amount
if,
if
they
wish-
and
then
also,
we
heard
that
you
would
like
to
have
further
discussion
on
the
funding
strategies
that
will
ultimately
be
put
out
with
the
housing
development
loan
program
nofas.
J
So
that's
a
summary
of
where
we're
at
on
housing,
but
continuing
with
our
overall
budget
presentation
I'll
pass
it
back
off
to
danny
and
this
slide
might
be
slightly
out
of
order
or
no
it's
not
danny.
We're
talking
about
cbd,
go
ahead.
E
Madam
chair,
before
before
we
jump
into
that,
I
just
want
to
thank
tammy
and
danny,
for
we
went
back
to
that
past
slide,
looking
at
the
northwest
quadrant
money
and
looking
at
that
urban
wealth
fund
or
the
urban
land
fund.
So
I
appreciate
them
working
hard
and
whoever
else
was
on
that,
but
also
wanted
to
make
sure
that
when
they
do
come
back
that
we
identify
that
in
policy
so
that
it
is
set
in
stone
for
that.
So
that
use
and
just
again
thanks
danny
and
tammy
for
all
your
hard
work.
E
Sorry
for
springing
that
on
you
last
minute
that
last
meeting,
I
thought
that
I
was
holding
it
close
to
the
best,
but
I
really
appreciate
it
because
this
is
exactly
what
I
wanted
to
see
happen.
I
Thank
you
and
yeah.
We
absolutely
look
forward
to
continuing
that
conversation
and
understanding
better
how
you'd
like
to
roll
that
out.
So
we
we
can
certainly
return
with
that.
The
next
slide
is
a
breakdown
of
the
central
business
district
fund.
This
is
one
just
because
of
the
size
we
like
to
provide
a
little
bit
of
breakdown,
because
when
you
look
at
the
total
budget
of
just
under
28
million
dollars,
it's
always
been
helpful
to
inform
the
board
and
the
public
of
exactly
how
that
that
works
out.
I
So
as
the
agency
receives
that
27.9
million
16
and
a
half
of
that
is
turned
around
and
reimbursed
back
to
the
taxing
entities
and
that's
strictly
a
function
of
the
approval
of
the
cbd
extension
several
years
ago
and
sharing
in
the
growth
of
that
increment.
I
We
then
have
a
few
reimbursement
agreements
within
the
project
area
that
are
just
under
1.5
million,
and
then
we
also
make
a
sizable
contribution
to
the
echoes
theater
project
directly
from
the
central
business
district
project
area
of
just
under
5
million
to
help
pay
that
debt
service
and
then
in
addition,
we
have
the
allocation
of
administration
operations
and
maintenance,
and
that's
everything,
like
you
said
from
our
admin
costs
to
the
costs
of
you,
know:
providing
services
and
managing
galvan
center
to
also
the
maintenance
of
properties,
as
well
as
other
contractual
obligations
or
just
functions
of
operations,
and
so
out
of
that,
just
under
28
million
dollars
for
all
of
cbd
within
fiscal
year.
I
22.
That
leaves
a
hefty
amount
of
83
832
for
projects.
So
I
think
you
can
see
as
a
board
why
we
provide
that
slide
because
that's
a
fairly
sobering
breakdown
of
what
those
obligations
are
for
for
payments.
So
next
section
is
actually
going
into
the
meat
of
the
budget,
and
rather
than
borrowing
you
with
every
fund
breakdown,
keeping
in
the
spirit
of
overall
presentation
of
the
annual
budget.
We
want
to
focus
on
the
key
changes
within
the
funds
and
what
impacts
our
our
budget
overall.
I
So
the
first
one
to
mention
is
just
our
overall
tax
increment
projection
and
again
we
we're
fairly
conservative
carrying
that
over
two
percent
of
what
we
projected
in
fiscal
year,
21
and
as
again
as
you
just
saw
with
budget
amendment,
one
that
came
in
more
conservative
than
what
we
actually
received.
But
we
build
two
percent
off
of
that
original
conservative
estimate
from
last
year's
budget,
not
two
percent
over
what
we
actually
received.
I
So
we
kind
of
continue
that
that
nature
of
of
kind
of
under
projecting
what
we
anticipate
to
receive
and
and
that's
just
to
ensure
that
we
have
that
coverage.
The
exception
here-
is
that
in
central
business
district
we
did
increase
the
projection
for
10,
and
this
is
a
function
because
we
have
seen
a
rebounding
in
central
business
district
where
we're
comfortable
at
least
this
year,
bumping
that
up
a
little
bit
more
based
on
what
we've
actually
received.
I
However,
we're
still
extremely
conservative
versus
what
we
we
actually
get
in
payments
versus
what's
in
the
budget.
So
that's
just
the
overall
funds
in
nature
and
then
getting
into
the
specific
funds,
the
first
one
being
central
business
district.
The
key
changes
within
this
entire
fund
are:
there
is
an
increase
of
fifty
thousand
dollars
for
galvan
programming.
This
line
item
is
specific
to
the
contract.
We
have
with
excellence
in
the
community.
I
I
So
this
50
000
increase
is,
is
a
function
of
paying
a
small
amount
of
what
that
will
take
to
continue
that
live
streaming
after
the
pandemic,
and
they
have
charged
themselves
with
doing
the
fundraising
for
the
balance
of
it.
But
we
felt
that
as
an
agency
and
galvin
staff
that
that
has
been
a
tremendous
way
to
get
that
event
out
to
a
broader
audience
worldwide
through
youtube
and
through
the
different
channels,
and
so
this
was
an
increase
for
that
line.
I
Item
the
final
83
832
that
I
spoke
about
would
be
as
part
of
a
program
that
tammy
mentioned
also
part
of
our
larger
commercial
loan
program,
updating
and
revamping,
but
trying
to
focus
this
within
the
downtown
area,
specifically
for
commercial,
revitalization,.
I
And
then,
within
our
budget
we
still
obviously
have
the
funds
for
west
capitol
hill
and
west
temple
gateway.
Both
these
project
areas
have
expired.
We
do
not
collect
any
revenue
or
increment
from
it.
However,
we
do
at
least
allocate
the
interest
earnings
from
these
funds
to
the
administration
expense
and
that
interest
is
earned
off
of
two
capital
projects
that
we
are
wrapping
up
within
those
project
areas
within
west
temple
gateway,
that's
the
900
south
streetscape
project
and
then
within
west
capitol
hill.
That's
the
300
west
streetscape
project.
J
We're
also
proposing
200
000
for
environmental
remediation
needs
for
station
center.
There's
a
minor
amount
of
contamination
within
the
land
there
and
we
have
requested-
and
the
board
has
allocated
this
amount
in
the
past.
But
this
year
we
are
earmarking
those
funds
as
a
capital
project,
so
they
will
revolve
in
nature
and
not
drop
to
fund
balance
in
the
granary
district.
J
We
are
requesting
that
the
balance
of
the
discretionary
funds,
almost
450
000,
be
allocated
to
that
community
cultural
initiative
program
that
we
spoke
about
earlier
in
the
presentation
and
on
north
temple,
where
requesting
that
the
balance
of
the
discretionary
funds
about
290
000
be
allocated
to
the
catalytic
project.
Plot
of
funds.
I
The
block
70
project
area,
as
we
mentioned
this-
is
heavily
subsidized
by
the
central
business
district
contributions
from
that
project
area,
really
no
significant
key
changes
outside
of
our
obligations
or
availability
of
discretionary
funds,
but
one
of
the
changes
you
will
see
in
that
budget
is
that
we
have
transferred
the
insurance
costs
that
we
were
originally
funding
through
the
the
agency,
and
that
has
now
been
turned
over
to
the
overall
operations
of
the
theater
and
split
as
part
of
that
agreement
with
both
the
county,
the
city
and
the
agency.
J
And
then,
finally,
northwest
quadrant
and
stadler,
we
are
carrying
out
our
tax
increment
reimbursement
obligations
and
then,
with
the
discretionary
funds,
we're
projecting
about
350
000
of
those
we
are
proposing
go
to
a
project,
we
call
shared
costs
and
this
was
built
into
the
northwest
quadrant
cra
budget
and
it's
contemplated
to
be
about
10
percent
of
the
overall
project
area
budget
going
to
projects
that
benefit
the
larger
northwest
quadrant
area.
We
don't
have
a
specific
project
in
mind,
but
we
do
know
there
are
significant
infrastructure
needs
within
the
northwest
quadrant.
I
And
then
the
program
income
fund,
the
board,
will
recall
this
is
our
most
flexible
funding
account.
This
is
where
we
realize
the
revenue
from
our
parking
structures
and
and
other
loan
payoffs
and
revenue
sources,
and
then
we
have
the
flexibility
to
expense.
These
amounts
throughout
project
areas
or
on
initiatives,
as
the
board
decides.
I
So
the
key
changes
of
the
discretionary
funds
here
are
again
a
significant
contribution
to
what
we
anticipate
being
an
updated
commercial
revitalization
loan
program,
and
the
idea
is
here,
is
that
the
these
funds
would
be
available
to
all
project
areas
and
we
obviously
staff
would
target
those
to
both
the
nine
line
and
the
north
temples
kind
of
trying
to
start
in
that
area,
as
well
as
focus
on
efforts
within
north
temple,
as
we
have
those
funds
and
make
them
available.
I
This
is
the
continued
set
aside
for
funding
for
maintenance
and
repairs
that
we
anticipate
as
one
of
the
owners
or
the
owner
of
galilean
center
and
one
of
the
owners
within
the
owners
association
doing
these
repairs
so
that
we
have
funding
available
and
start
making
and
start
doing
those
projects
so
before
I
turn
it
over
to
tammy
for
the
last
slide
and
discussion
of
housing.
I
I
I
forgot
to
mention
and
say
thank
you
to
our
financial
analyst
aaron
cunningham
within
the
rda
for
all
her
work
on
this,
as
well
as
the
financial
analyst
mike
burns
in
finance,
who
has
done
a
tremendous
job
of
preparing
our
budget
for
us
and
so
both
of
them,
even
though
tammy
and
I
are
presenting
it,
have
done
the
bulk
of
the
work
to
get
us
to
this
point
today
and
just
wanted
to
make
sure
we
said.
Thank
you
to
them.
J
And
then,
of
course,
we
reviewed
this
on
a
previous
slide,
but
the
housing
funds
were
proposing
a
million
to
a
strategic
site
acquisition,
250
000,
to
the
adu
program,
and
I
think
it's
actually
3.5
for
the
housing
development
loan
program.
But
2.59
of
that
is
coming
from
funding
our
future,
and
that
is
our.
A
Presentation,
thank
you.
So
much.
That's
a
lot
of
information.
That's
it's
great
to
know
guys!
Thank
you
so
much
for
the
work
I'm
excited
to
to
go
back
to
that
one
slide!
Is
it
okay?
If
we
have
that
slide
up
so
that
we
can
have
that
conversation
about
our
priorities.
D
And
madam
chair
just
wanted
to
clarify
something:
really
quick
is
that
that
that
housing
slide
references
fiscal
year
22
those
aren't
the
only
dollars.
I
think
that
are
on
the
table,
so
to
speak,
for
consideration
for
the
board,
because
there
are
funds
from
this
current
fiscal
year
that
we're
in
funds
from
budget
amendment
number
one
that
the
board
could
also
consider.
D
You
know
adding
adjusting
changing
to
these
programs
that
that's
probably
summarized
better
in
the
packets
in
the
next
agenda
item,
if
the
board
wanted
to
reference
those
materials
but
just
wanted
to
flag
that,
for
you
guys.
J
Yeah,
the
total,
so
2.59
of
it
is
coming
from
the
housing
development
fund,
which
is
funding
our
future
money,
but
the
actual
the
proposed
allocate.
I
don't
know
if
you
can
see
my
cursor.
Not
can
you
but
the
proposed
allocations
are
over
here.
So
it's
3.48
for
the
housing
development
loan
program,
1
million
dollars
for
the
property
acquisition
and
250
000
for
the
adu
program,
and
so
through
the
fy
22
budget.
There's
4.7
million
available
through
these
four
housing
funds.
A
All
right
so
board
members
do
you
have
questions
or
discussions
that
you
would
like
to
have
about
this
4.732
six,
two,
seven
funds
and
how
they've
been
proposed
to
be
allocated.
D
B
Okay,
so
the
northwest
quadrant
just
going
back
to
board
member
rogers
question
from
last
meeting,
there's
the
250
for
the
nine
line
adu
program,
but
the
northwest
quad
quadrant
250
that
we're
seeing
on
this
page,
it's
a
different
one
that
will
stay
in
the
community
land
trust
is
that
am
I
understanding
that
right.
B
J
B
B
H
Yes,
so
madam
chair
yeah
go
ahead,
what
I
think
james
would
be
proposing
and
james
correct
me
if
I'm
wrong,
but
with
your
conversations
with
danny
and
and
tammy,
but
you
know
how
I
love
women's
planning
is
that
we
take
that
250
000
and
instead
of
putting
it
towards
an
adu
program,
we
put
it
towards
the
urban
land
trust
correct.
H
B
My
understanding
is
that
the
accessory
dwelling
units
program
is
required
by
the
county,
so
do
we
then
need
to
find
a
different
source
for
the
adu
program?
Is
that
correct
and
whether
it's
exactly
250
or
some
other
amount?
Is
that
something
that
could
just
come
out
of
the
general?
Whatever
we
said
30
points,
I
think.
D
We
could,
I
think,
sorry
to
jump
in.
I
think
we
could
probably
clarify
with
the
attorney's
office
if
that
needed,
to
be
funded
in
this
first
fiscal
year,
because
we
actually
haven't
technically
budgeted
revenue
from
project
area
yet
and
so
it
we
would
essentially
be
implementing
that
adu
program
early.
If
that
makes
sense,
if
you
funded
it
this
fiscal
year,
which.
B
D
F
J
If
I
could
clarify,
I
believe,
in
the
inter-local
with
salt
lake
county,
we
are
to
implement
the
program
within
the
first
five
years
of
collecting
tax
increment.
So
there
is
time
we
just
wanted
to
get
a
jump
start
on
it
and
then
the
northwest
quadrant
housing
funds,
as
I
mentioned,
is
inland
port
tax
differential.
A
J
J
F
Okay,
just
a
back
to
the
adu
question,
we
haven't
specified
where
those
that
program
would
be
situated.
Did
we
discuss
that
where
the
adu
program
would
be
implemented.
A
So
that's
what
the
then
that
was
one
of
the
requirements
that
the
county
had,
that
we
work
on
anti-displacement
or
anti-gentrification
strategies
and
for
housing,
I'm
interested
not
only
for
housing,
but
also
for
commercial
and
but
now
we're
just
talking
about
housing,
and
that
was
one
of
the
proposals
that
administration
had
to
use
the
northwest,
quadrant
250
000
to
use
of
the
timeline,
and
you
know
and
implement
that
strategy.
A
However,
you
know,
like
more
member
russia
said
he
we're
not
interested
in
that
money
to
happen
there
we're
interested
in
keeping
it
for
other
housing
strategies
in
in
west
of
I-15.
But
I'm
interested
in
this
is
the
question
for
the
world.
I'm
interested
in
actually
doing
the
accessory
dwelling
unit
program
from
other
sources
of
funding.
I
think
it's
it's
important.
If
we
could
get
jump
started,
I
think
it
would
be
great
to
show
you
know
to
show
the
company
that
you
know
we're
working
on
it,
getting
it
done
so.
B
I
also
am
very
interested
in
jump
starting
that
accessory
dwelling
unit
program,
and
I
would
I
prefer
that
that
program
be
crafted
in
a
way
that
it
can
be
adapted
to
any
part
of
the
city
and,
of
course,
the
nine
line
since
we're
required
to
do
it.
And
since
the
nine
line
is
an
ideal
place
for
accessory
dwelling
units,
let's
start
it
there.
But
I
would
like
what,
however,
we
craft
the
policy
for
the
program
for
it
to
be
easily
adapted
and
expanded
to
other
parts
of
the
city.
A
D
E
And
madam
chair,
I
just
I
just
want
to
point
out
also
that
we
can
put
more
money
towards
the
the
urban
land
fund.
It
doesn't
just
have
to
be
the
250k
that
has
come
from
the
northwest
quadrant.
If
that's
something
we
want
to
look
at
as
well
and
in
making
those
improvements
drastically
faster
than
waiting
on.
You
know
allocating
these
funds.
I
think
the
problem
is,
is
that
we've
noticed
with
our
rda
project
areas
is
that
towards
the
end
of
their
life
cycle?
E
E
You
know,
look
at
strategically
in
in
and
purposefully
making
those
monies
available
to
make
an
impact
for
affordable
housing
on
the
west
side,
and,
looking
at
that-
and
you
know,
I
would
love
to
see-
I'm
all
in
favor
of
the
adu
program,
specifically
in
the
nine
line
but
cost
effectively.
E
So
I
think
it'd
be
wise
and
prudent
for
us
to
look
at
that
moving
forward
because
the
adus
are
expensive
per
if
we're
looking
at
per
unit
basis.
It
is
a
little
bit
more
because
you
have
to
do.
You
know
footings
foundation.
You
have
to
come
in
and
do
all
the
health
safety
things,
but
it's
only
for
one
unit
compared
to
looking
at
multiple
units.
H
Like
to
piggyback
a
little
bit
on
what
james
was
just
saying,
sorry,
I
just
lost
my
pen,
okay
found
it,
and
you
know
a
couple
of
months
ago
we
had
a
discussion
about
adus
with
planning
and
they
gave
us
their
yearly
update.
If
you
will
their
report
on
how
many
adus
we
had
seen
throughout
the
city,
what
some
of
the
potential
hurdles
for
people
were,
one
of
the
things
that
was
brought
up.
H
It
became
the
value
of
having
the
edu
that
that
we
were
hoping
for
in
offsetting
one's
mortgage
or
having
somebody
of
a
family
member
be
able
to
live
there
and
create
this
affordability
became
unaffordable
because
people
were
having
a
difficult
time,
even
just
creating
the
adu,
so
said
man,
let's
not
do
it,
and
one
of
the
things
that
we
talked
about
with
planning
was
this
idea
of
having
sort
of
cookie
cutter
adus
right
where
you
could
go
in
look
through
a
book.
H
We
want
this
money,
we
don't
know
where
to
start
we're
going
to
expend
all
of
this
money
on
things
that
we
maybe
wouldn't
need
to
do
if
the
city
had
a
more
streamlined
that
we
have
already
talked
with
planning
about.
So
for
me,
and-
and
I
think
this
goes
back
also
to
darren's
point-
is:
if
we're
going
to
create
a
model
that
could
be
used
throughout
the
city,
that
we
should
probably
start
with
the
foundation
of
the
model
and
the
foundation
of
the
model,
in
my
opinion,
in
my
opinion,
isn't
just
giving
money
to
something.
A
I
can
see
that
I
can
see
that
I
can
see
that
having
this
streamlined
process,
I
it's
it's
something
that
I
think
it's
like
an
unattainable
thing
that
we
can
do
that
planning
can
do,
but
I
am
thinking
well,
consumer
board.
Member
roger
said
the
cost
of
construction,
and
the
connections
is
what
it's
will
be
the
most
expensive
thing
at
this
point
you
know
in
time,
and
and
so
how
do
we
so
going
back?
A
So
these
are
all
like
the
technical
things
are
the
things
that
step
by
step
so
that
something
like
this
happens,
but
I
think
we
need
to
keep
in
mind
how
we're
going
to
accomplish
anti.
You
know
display
or
anti-gentrification
in
this
area,
and
the
time
keeps
moving
right,
like
things
are
super
hot
in
the
market
right
now,
people
are
buying
and
selling
and-
and
you
know
and
people
might
be
getting
priced
out
where
they
live,
and
so
how
can
we
be
passed
somewhat
or
try
to
help
like
now
before?
It's
too
late?
A
When
you
know
in
fighting-
let's
say
we
figure
this
out
in
four
years
or
in
three
years
and
then
it's
kind
of
like
not
not
relevant
anymore,
because
people
have
been
priced
out.
So
that's
a
struggle.
I
have.
I
can
see
what
you
guys
are
saying,
but
also
I
don't
delaying
you
know,
delaying
things.
It's
also
a
problem
for
me.
I
Madam
chair
yeah
go
ahead,
may
I
chime
in,
and
I
I
think,
just
to
help
clarify
some
of
our
obligations
as
tammy
mentioned,
we
we
do
obviously
have
that
obligation
within
the
interlocal
or
nine
line.
That's
not
to
say
that
necessarily
this
program
has
to
be
a
burden
or
over
complicated
or
even
you
know,
absorb
a
significant
amount
of
funding.
I
mean
at
least
within
this
initial
year.
I
You
know
the
board
could
obviously
direct
us
as
staff
to
start
working
on
the
program
and
and
have
an
idea
of
what
it
might
take
or
require
what
the
ideal
funding
might
be
in
the
future,
and
we
can
certainly
do
that
in
conjunction
with
planning
and
other
city
departments,
but
I
I
think,
rather
than
you
know,
get
too
far
in
the
weeds.
We
can
start
working
on
that
and
then
we
can
identify
what
that
you
know.
I
Funding
need
is
in
in
conjunction
with
what
the
board
and
your
priorities
are
for,
how
much
you
may
or
may
not
want
to
put
towards
it,
but
I
I
don't
think
it
needs
to
be
over
complicated
and
I
think
to
the
point
of
the
annual
housing
funding
strategy
that
that
is
what
this
conversation
could
become
as
part
of
that
of
to
director
rogers
comment
of
like.
Where
would
we
get
the
biggest
bang
for
our
buck?
B
Madam
chair,
I
know
I'm
recognizing
I'm
new
to
this
discussion,
but
if
I
understand
correctly,
we've
got
up
to
five
years
to
make
a
streamlined
program
work
and
can
use
this
as
a
pilot
project
across
the
city.
Also,
regarding
james
councilmember
rogers
concerns
about
bang
for
the
buck.
It's
I
agree
with
him
completely,
but
there
are
also
there
must
be
multiple
solutions
to
take
care
of
people
in
different
situations.
B
So
something
like
an
adu
program
can
help
someone
create
an
extra
income
stream
to
maintain
the
space
that
they
are
currently
living
in
to
stay
there
rather
than
being
forced
to
move
into
some
place
just
because
it's
cheaper
and
I
would
love
to
be
able
to
see
that
as
a
anti-displacement
tool,
more
so
than
simply
providing
cheaper,
smaller
places.
So
I
I
think
both
can
be
achieved
so
yeah.
We
certainly
have
to
be
considerate
of
paying
for
the
buck,
but
we
need
more
than
one
option
too.
H
So
we
could
also
come
back
with
just
a
policy
for
right
now
that
just
involved
the
nine
line.
That
said,
we
have
to
put
ten
percent
of
the
tax
increment
into
affordable
housing,
and
we
have
this
obligation
with
adus
so
like
when
we're
talking
about
what
the
funding
would
be
danny.
You
could
essentially
say
a
percentage
of
the
10
would
need
to
go
into
this
adu
program.
B
I
I
think
what
danny
suggested
is
I
I
would.
I
would
like
that
to
happen
that
the
staff
starts
to
think
about
what
the
program
gather
some
research
think
about
what
the
program
might
be
I'll
just
make
a
comment
that
I'm
not
entirely
opposed
to
the
idea,
but
I
do
have
some
concerns
about
cookie
cutter
plans.
B
Just
with
the
sense
of
I
think,
every
site
condition
is
different,
and
so
we
need
to
make
sure
that
we
have
enough
variety
in
the
plans
and,
of
course
this
is
coming
from
my
bias
as
an
architect,
but
we
need
to
have
some
variety
in
the
plan
so
that
not
everything
so
that
so
that
the
plans
can
be
chosen
to
respond
to
local
site
conditions
and
so
that
we
don't
have
a
whole
bunch
of
you
know
a
whole
bunch
of
the
exact
same
thing
over
and
over
and
over.
B
H
A
F
F
I
wanna
I
like
the
discussion
on
the
adus,
but
you
know
we
have
the
the
idea
about
the
a
quick
discussion
on
the
priority
side
of
the
house
on
the
bigger
priority
side
of
the
house
and
what
I
you
know.
We
have
the
the
one
staff
report
and
there's
13
listed
13
different
priorities
and
danny.
Maybe
we
could
take
a
look
at
those
13.
Maybe
give
us
a
what's
your
top.
F
You
know
three
top
five
and
how
you
would
break
down
the
the
funding
incentives
to
to
go
along
with
those
and
and
how
you
would
have
one
that
are
just
you
know
you
got
to
give
it
to
us.
There's
a
you
know:
it's
a
ticket
in
the
door.
You
have
to
have
this
ticket
before
you
even
get
anywhere
on
a
in
a
funding
incentive,
but
the
interest
rate
incentive.
F
So
look
at
that
and
and
tell
us
what
would
be
the
best
priorities.
So
we
can
go
forward
because
the
80s
are
great,
but
we
know
we
gotta
look
at
family
housing,
we
gotta,
look
at
you
know
the
missing
middle
homeownership
all
have
to
be
applied
and
looked
at.
So
I
would
appreciate
if
we
could
would
focus
on
that
in
the
upcoming.
I
Weeks
we
can
actually
provide
additional
information
on
that,
because
I
think
it's
it's
very
important
to
clarify
for
the
board's
benefit
as
well
as
new
director
ferris,
in
terms
of
how
that
works,
both
within
how
you,
as
a
board,
would
like
us
to
target
those
funds
both
in
terms
of
location
within
the
city
as
well
as
when
we
put
those
out
on
the
street
to
developers.
I
So
you
can
kind
of
see
what
what
developers
have
hit
in
terms
of
those
marks
and
then
also
understand
that
the
housing
development
fund
and
what
we
call
nofa,
which
is
our
notice
of
funding
availability,
are
kind
of
the
same
thing.
That's
our
annual
allocation
and
you
know
putting
out
to
the
public
and
the
developers
for
what's
available,
one
of
the
main
reasons
we
do.
That
is
because
it
is
a
competitive
basis
that
they
apply
for
so
obviously.
I
Within
that
extent,
developers
are
encouraged
to
try
to
hit
as
many
of
those
as
possible,
and
then
we
are
able,
as
staff,
to
rank
those
based
on
on
how
they
hit
the
marks
of
what
your
priorities
are
and
then
you
as
a
board,
are
able
to
approve
and
finalize
those
terms,
and
so,
if
you
feel
that
maybe
we
were
too
generous
in
allocating
some
of
those,
you
could
always
change
that
as
part
of
the
loan
approval
too.
But
to
your
point
direct
to
do
them.
I
We
can
certainly
provide
that
additional
information
of
the
board
and
have
a
more
in-depth
conversation
on
that.
B
I
F
How
do
you
are
you
guys
already
projecting
on?
What's
going
to
replace
that?
Or
does
that
when
that
goes
away,
does
your
admin
burden
go
down
by
the
equal
amount,
because
we're
going
to
be
losing
that
tax
increment
to
fund
our
admin.
I
That
is
a
hit
that
we
have
to
take
into
account
and
we
have
at
least
at
a
high
level
started
considering
how
we
were
going
to
do
that
as
far
as
how
to
cover
that
gap,
both
with
depot
and
then
granary,
not
as
much
the
following
year,
but
that
that's
part
of
the
conversation
we're
having
with
finance
and
internally
of
how
we
identify
sources
for
that
and
how
that
then
gets
carried.
I
F
Because
the
northwest
quadrant
wouldn't
be
able
to
fill
that
same
hole.
J
A
A
Now
is
the
time
we'll
have
more
opportunities,
but
I
would
like
to
keep
moving
on
with
today's
meetings
that
we
have
an
appointee
that
we
need
to
interview
and
we
have
a
closed
session.
So
let
me
move
my
so
here.
Does
anybody
have
anything?
Madam.
B
B
Just
have
a
question
and
I
can
take
my
the
answer
offline
or
in
a
future
meeting,
but
we
talk.
We've
talked
a
lot
about
our
future
goals
for
nine
line
in
north
temple
and
I
haven't
heard
much
about
the
state
street
project
area
or,
if
that's
when
we
expect
that
that
will
be
fully
adopted
by
other
taxing
entities.
So
I
just
would
maybe
a
an
email
or
something
would
be
fine
for
for
time
to
take.
But
I'd
like
some
updates
on
that.
A
A
Thank
you
all
right.
I
don't
I'm
going
to
scroll
and
see
if
anybody
else
has
their
hand
up
for
this
discussion
today.
Okay,
I
don't
see
anybody,
so
I
appreciate
all
the
comments
and
the
discussion.
I'm
excited
to
keep
talking
about
it
and
keep
those
numbers
in
mind
and
also
the
priorities
for
housing
and
any
other
questions
that
you
have
for
the
about.
The
budget
allocations
for
the
different
districts
for
next
time.
A
A
He
will
he's
being
considered
for
a
term
ending
may
18
2025
to
we
have
nick
here.
C
C
A
C
This
this
is
the
same
nick
peterson
that
you
work
with
at
the
with
the
dcc
downtown
community
council.
C
A
C
A
B
Yes,
thank
you
nick
for
applying
and
being
willing
to
serve.
What
do
you?
What
do
you
think
that
you
bring
most
as
an
applicant.
E
C
Thank
you,
chris,
that's
a
great
question
and
I
bring
a
lot
of
organizational
experience,
not
just
on
a
community
side,
but
also
on
a
corporate
side.
I've
spent
the
last
25
years
running
a
large
organization,
large
healthcare
organization
and
decided
to
to
finally
downsize
back
to
just
one
location
and
my
husband
and
I
chose
salt
lake
city
because
we
always
loved
this
place
and
we
both
see
a
lot
of
opportunity
in
salt
lake,
and
I
see
the
the.
C
What
I
can
give
to
this
particular
board
is
some
skills
that
I've
developed
over
the
years.
I
helped
to
redevelop
an
area
of
tampa
called
tampa
heights
got
in
on
the
ground
floor.
When
I
was
in
my
early
twenties
or
I
should
say
late,
20s
and
didn't
know
what
I
didn't
know
and
restored
an
old
victorian
there
and
at
the
meet
at
the
same
time,
learned
a
lot
about
redevelopment.
C
The
way
it
should
happen,
meaning
helping
homeowners
stay
in
their
homes,
not
not
creating
the
downtown
west
palm
beach
dynamic.
I
grew
up
in
palm
beach
county,
so
I
read
that
case
study.
We've
got
a
lot
of
we've
got
so
much
opportunity
here
to
turn
salt
lake
city
into
the
next
prague.
If
we
want
to
it
just
needs,
it
just
needs
the
vision
and
we
need.
You
know
what
I
was
just
listening
to
about:
affordable
dwelling
units
and
accessory
dwelling
units
and
affordable
housing.
C
A
Okay,
I
don't
see
anybody
else,
it's
a
question
for
you
nick
we're
going
to
proceed
with
our
meeting
and
then
we
are
going
to
take
a
vote
on
on
on
on
you,
and
I
wanted
to
make
a
clarification,
and
I
will
make
it
later
that
the
term
would
end
january
20th
of
2025
not
may
18th.
C
A
Folks,
we're
going
we're
moving
on
to
report
and
announcements
from
the
executive
director.
Do
we
have
the
mayor
here.
I
Yes,
we
don't,
we
do
not
have
any
reports
at
this
time.
Sure
thank
you.
I
Neither
one
as
far
as
I'm
aware,
I've
not
been
told
otherwise.
Thank
you.
A
So
we
have
no
written
briefings,
we're
moving
on
to
the
consent
part
and
we
are
considering
approving
nicholas
peterson
to
the
redevelopment
advisory
committee
after
a
term
ending
january
20th
2025..
H
A
A
Right
wharton,
yes,.
A
F
A
Color,
yes,
and
I'm
a
yes,
there
is
abstained
all
right.
So
we
have
a
closed
section,
closed
session,
scheduled
first
for
strategy
sessions
to
discuss
the
purchase,
exchange
or
lease
of
real
property
and
advice
of
council.
A
E
A
E
B
B
E
D
So
we're
actually
going
to
be
staying
in
this
link,
because
this
was
sort
of
a
last-minute
addition
to
closed
sessions
for
today
and
then
we'll
just
invite
anyone
who's
not
supposed
to
be
in
the
closed
session
to
exit
the
meeting
and
we'll
lock
the
meeting
once
all
those
people
have
left
one
other
clarification
for
the
public
is
that
you
will
be
adjourned
as
the
rda
at
the
conclusion
of
your
closed
session
and
will
convene,
as
the
council.