►
Description
To view the agenda for this meeting please use this link https://slc.primegov.com/public/portal
A
Investment
and
management
of
the
store
to
the
meredith
brothers
and
the
store
eventually
took
its
name
from
guthrie.
In
1926,
the
business
was
sold
to
locust
manwaring,
whose
descendants
still
owned
the
bicycle
shop
in
1931
manwaring
moved
the
business
to
the
building
where
it
would
remain
until
2011
at
156,
east
and
second
south.
For
almost
100
years,
they
sold
bikes
from
this
one
location
from
the
old-fashioned
high
wheelers
to
today's
carbon
frame
bicycles.
Although
they
moved
locations
to
sugar
house,
salt
lake
city
has
been
their
home
for
close
to
a
century
and
a
half.
A
B
B
Rda
meeting
today
is
tuesday
may
17
2022..
We
welcome
the
members
of
the
public
who
are
in
prison
and
who
may
be
watching
our
usual
video
feeds
online.
I'm
happy
that
we
have
returned
to
a
hybrid
meeting
approach.
Hybrid
board
meetings
allow
people
to
join
online
through
webex
or
in
person
at
the
city
and
county
building.
Although
masks
are
no
longer
required
in
city
facilities,
any
attendees
should
feel
comfortable
to
continue
using
them.
We
will
continue
to
monitor
the
situation
and
take
any
reasonable
precautions
for
the
public
and
staff.
B
This
month
we
have
two
rda
meetings
with
today's
meeting,
specifically
to
discuss
the
mayor's
recommended
budget
for
fiscal
year.
2022-23
opportunities
for
public
comment
on
this
fiscal
year's
budget
are
scheduled
for
tuesday
may
17th,
which
is
today
and
tuesday
june.
7Th
2022
at
7
00
p.m.
Next,
in
a
couple
weeks,
let's
move
on
to
our
first
agenda
item
and
it's
item
a
comments.
B
We
started
rda
meetings
with
comments
to
the
board.
Your
feedback
is
always
welcomed
and
you
can
share
that
with
the
board
at
any
time
by
mailing
the
council
office
at
p.o
box,
145476
salt
lake
city,
utah,
84114
or
emailing
us
at
council
that
comments
slc
gob.com
or
by
calling
our
24-hour
phone
comment
line
at
801.
535-7654.
B
B
These
are
guidelines
to
help
our
meeting
progress
in
an
orderly
civil
efficient
way
and
want
to
give
everyone
the
opportunity
to
voice
their
opinions
without
feeling
intimidated
in
order
to
achieve
this
are
rules
of
the
quorum
being
the
moment
you
arrive
in
person
or
into
a
virtual
meeting.
The
rda
board
respects
all
points
of
view,
and
we
welcome
new
insights.
Please
be
respectful,
avoid
yelling,
profanity
or
making
racial
slurs
or
seeing
or
defamatory
remarks.
B
If
you
violate
this
rule,
your
line
will
be
muted
or
you
will
be
asked
to
stop
if
you
feel
you
need
to
use
profanity
or
disrespectful
remarks
to
express
your
point.
You're
welcome
to
email,
board
members
or
call
our
comment
line.
In
addition,
our
staff
will
request
your
name
during
the
webex
registration
process
to
limit
disruption.
Your
name
cannot
include
a
message
or
violate
our
rules
of
the
quorum.
If
your
name
doesn't
meet
this
requirement,
then
our
staff
will
make
contact
with
you
to
gather
that
information
from
you
for
those
joining
in
webex.
B
Please
monitor
your
chat
in
case.
We
try
to
reach
you.
Scott
corpani
from
our
staff
is
helping
to
moderate
the
meeting
and
will
be
messaging
with
the
attendees
to
coordinate
on
any
questions
with
your
commenting.
Registration
staff
is
handling
a
number
of
tasks,
so
please
limit
messages
to
technical
issues
and
minimal
changes
to
your
registration.
B
Taylor
hill
on
our
staff
will
be
calling
the
names
of
those
who
wish
to
comment.
We
will
call
names
of
people
joining
on
webex
and
in
person
based
on
the
order
of
registration
or
received
comment
cards
when
it
is
your
turn
to
speak,
taylor
will
announce
your
name
for
people
in
webex.
She
will
unmute
your
line
and
you
may
begin
for
people
in
person.
Please
step
up
to
the
podium
and
if
you
have
a
mask,
please
feel
free
to
remove
it
before
making
a
comment.
B
C
B
C
Okay,
I
will
message
with
darlene
and
we
can
go
on
to
michael
and
then
michael
valentine
is
in
person
to
speak.
E
All
right,
so
I'm
michael
valentine,
I'm
a
candidate
for
mayor
next
year.
2023..
I
really
like
coming
to
these
meetings.
I
think
it's
pretty
interesting.
I
often
feel
like
I'm
just
talking
to
myself
up
here,
because
you
guys
just
sit
there
and
don't
ever
respond,
which
is
really
fascinating,
but
you
know
who
does
respond.
Are
the
voters?
I'm
sure
you
saw
the
planning
meeting
last
week,
hours
and
hours
of
public
comment,
99
of
people
hating
the
overlay,
that's
just
specifically
written
for
developers
at
every
level.
You
know
this
corruption's
like
out
and
open.
E
E
B
B
E
C
E
Threatening
anyone
here,
I'm
just
talking
about
the
facts.
You
know
these.
These
are
matter
of
public
record.
You
can
go
online
and
look
at
the
mayor's
donations.
You
know
all
that
evidence.
I've
reported
about
him,
he
inflated
the
numbers,
40
million
dollars.
This
is
just
it's
just
basic
evidence
come
on.
E
You
know
it's
like
the
fact
that
you
guys
are
just
doing
this
and
then
just
rushing
through
these
developers
as
the
pantages
is
being
destroyed
and
heinz
is
asking
for
a
year
extension
now,
as
you
kicked
out
local
local
businesses
and
destroyed
a
historic
theater
for
developers
for
free.
It's
like
this
body
needs
to
have
some
accountability.
You
guys
are
the
legislative
branch.
E
You
don't
work
for
the
mayor,
you
don't
work
for
danny
waltz,
he
works
for
us
he's
paid
with
tax
dollars
and
you
guys
need
to
stand
up
and
do
what's
right
by
the
people
of
this
city
and
I'm
tired
of
this.
You
know
I
come
up
here
for
three
years
now
and
if
you
guys
listen
to
the
people
at
all,
you
know
none
of
this
would
have
ever
happened.
Public
comments
need
to
be
listened
to.
You.
Don't
just
sit
there
like
statues
and
not
have
anything
happen.
E
B
Thank
you,
taylor.
Would
you
please
continue
with
the
next
comment.
A
A
Well,
let
me
get
this
out
of
the
way
on
the
general
budget
for
the
rda.
I'm
still
asking
that
all
the
money
that
you're
trying
to
spend
on
pioneer
park
to
provide
a
park
for
the
five
thousand
dollar
a
month.
Apartments
doesn't
make
sense
when
the
area
around
ballpark
and
central
ninth
needs
not
central
night.
But
ninth
and
grain
rate
needs
to
park
more
and
the
money
for
pioneer
parks
should
all
go
to
the
fleet
block
to
make
it
a
park.
I
call
it
the
people's
park.
A
A
So
instead
of
putting
money
from
rda
into
pioneer
park,
it
makes
more
sense
to
do
it
for
fleet
block
and
on
with
respect
to
developers,
the
emt
building
on
11th
south,
I
believe
in
west
temple,
is
being
considered
for
redevelopment
and
that
building
really
needs
to
be
a
library
and
or
a
police.
Substation,
the
police
chief
a
couple
of
years
ago
said
the
biggest
deterrent
to
crime
is
a
visible
police
officer
and
ballpark.
A
You
need
more
cops
in
the
area,
it's
not
to
hassle
people
it's
to
provide
a
visible
deterrent
to
criminals
that
are
preying
on
the
homeless
and
there
are
a
lot
of
them
preying
on
the
homeless.
So
I'm
asking
consideration
for
the
emt
building,
not
for
development,
the
fleet
block
not
for
development,
but
make
it
a
park.
Library,
please
substation.
C
Yes,
we
will
circle
back
to
darlene
and
see
if
it's
working
for
her
now.
C
Yeah
we
can
hear
you,
okay,
the
I
didn't
realize
I
put
myself
in
for
a
comment,
but
I'm
gonna
take
this
opportunity
to
respond
to
the
left
suggestion,
I'm
a
federally
trained
and
secure.
C
C
C
B
My
comment
darlene,
thank
you.
So
much
you
did
break
up
break
out.
Sorry,
I
don't
know
the
upper
route.
Is
it
possible
that
you
submit
your
comments,
written
comments,
maybe
or
submit
it
to
taylor,
and
she
can
take
some
of
the
those
comments
so
that
we
can
read
them
sorry,
our
system
is
not
working
very
well
today.
C
My
first
it's
my
first
time
and
I
thought
I
was
prepared.
B
So
I
think
that's
that
was
the
final
all
right
taylor.
Thank
you.
Thank
you
for
already
provided
journal
comments.
We
don't
have
any
public
hearings
today,
so
we're
moving
on
to
item
c1,
which
is
the
overview
of
the
re
redevelopment
agency
budget
for
fiscal
year,
2022
2023.
B
B
G
Thank
you,
chen.
Thank
you,
madam
chair
members
of
the
board
taylor.
I
believe
you
have
our
presentation
if
we
can
get
that
pulled
up,
and
while
that's
happening
just
wanted
to
thank
you
as
the
board
for
the
opportunity
to
present
our
budget
today.
Thank
the
mayor,
obviously
for
her
leadership
and
direction.
G
But,
more
importantly,
I
also
thank
staff,
starting
with
mike
burns
in
finance,
for
a
lot
of
the
work
he's
done,
helping
us
with
our
budget
and
our
own
aaron
cunningham,
who
is
really
the
brains
behind
all
of
this
and
then
our
communications
team
of
amanda
and
catherine,
who
take
all
that
fun
information
and
put
in
a
format
that
I
can
speak
to.
So
thank
you
to
them
and
thank
you
for
all
of
the
rda
staff
for
the
work
that
they
do
and
participating
this
and
doing
the
projects.
G
Okay,
next
slide.
Please
taylor.
We
will
start
off
with
just
a
road
map
of
what
we're
looking
at
in
the
presentation
here,
we'll
start
with
the
recap
of
the
current
year
as
it
is
wrapping
up
and
then
we'll
get
into
some
of
the
priorities
that
we've
used
to
shape
our
proposed
budget
for
next
fiscal
year
and
then
we'll
discuss
that
overall
budget
and
then
provide
some
details
on
some
of
the
specific
items
and
key
changes
that
you
have
within
it
next
slide.
Please,
taylor.
G
Just
stopping
on
this
real
fast,
I'm
not
going
to
say
that
a
certain
member
of
our
communications
team
took
this
picture
while
hanging
halfway
out
of
her
car
driving
by
a
property,
but
I
will
say
that
it
was
done
safely
and
you
could
probably
take
this
picture
of
any
number
of
developments
happening
within
salt
lake
city
right
now.
So
we
feel
is
very
appropriate
to
speak
to
the
construction
and
what
is
going
on
right
now.
Next
slide.
Please
taylor.
G
We
always
like
to
start
with
our
our
mission
and
values
in
the
guiding
framework
that
use
the
board
recently
updated
to
include
more
of
our
language
on
equity
framework
and
sustainability,
measures
that
we
are
implementing,
but
also
because
this
is
an
ongoing
effort
that
we'd
like
to
remind
everyone
of
that.
We
used
to
activate
and
inform
our
budget
process
from
our
projects
to
our
policies.
So
this
is
always
a
good
starting
point.
Next
slide,
please
jumping
into
the
accomplishments
of
this
current
year.
Here
are
the
projects
that
were
completed
this
past
year.
G
G
G
G
But
if
you
take
these
projects
as
well
as
the
ones
previously
provided
and
if
you've
done
the
math,
then
you'll
see
that
the
agency
currently
has
within
either
completed
projects
the
pipeline
or
recently
approved
for
financing
896
units
that
are
currently
underway,
all
affordable
that
are
being
worked
on
and
and
more
importantly,
as
part
of
this
budget
process.
You're.
Seeing
that
system
play
out
as
far
as
use
the
board
approving
those
funds,
those
being
put
out
in
the
the
projects
right
away
and
and
projects
and
units
actually
coming
online
next
slide.
Please.
G
Also
this
past
year
we
completed
two
neighborhood
commercial
scale
projects
one
the
west
end
was
recently
brought
to
you
last
week.
It's
part
of
approving
their
loan
extension
and
they're
looking
to
lease
out,
and
then
the
central
ninth
market
phase
two
quietly
was
completed
and
is
nearing
our
full
occupancy
of
that
project.
G
Next
slide,
please,
and
then
we
have
underway
right
now
or
this
past
year,
four
public
improvement
projects,
we've
listed
them
here
as
breaking
ground,
but
in
reality
most
of
these
are
almost
near
completion.
The
track
station
at
600
south
main
that
the
agency
provided
funding
for
is
suffering
from
some
supply
chain
issues,
but
we
hope
to
have
a
july
ribbon
cutting
for
that
folsom
corridor
ribbon
cutting
tomorrow.
Two
o'clock
sharp,
please
be
there.
G
300
west
street
improvements
are
pretty
much
wrapped
up
with
just
a
few
finishing
touches
happening
on
that
and
then
central
ninth.
Thank
you
again
to
the
board
for
approving
grants
for
assistance.
Those
businesses,
as
that
project,
has
also
suffered
some
supply
chain
issues
and
going
a
little
bit
longer,
but
that
is
still
underway
and
working
for
completion
next
slide.
Please
also
this
past
year
we
acquired
two
properties.
The
first
is
at
877
west
400
south.
G
This
would
be
the
southwest
corner
of
that
intersection,
we're
currently
underway
with
the
environmental,
remediation
and
planning,
more
importantly,
looking
at
ways
that
we
can
hopefully
keep
the
existing
commissary
kitchen
there
in
place
as
a
permanent
user
next
slide,
other
properties,
one
that
we
recently
provided
an
update
on
this
property
required
from
art
space.
You
can
see
on
the
map
how
it
bisected
two
of
the
agencies
properties
in
blue,
so
this
completed
that
assemblage
as
part
of
the
larger
station
center
project.
G
I
should
note
also,
please
feel,
free
to
jump
in
and
stop
if
you
have
any
questions
or
want
any
additional
detail.
Otherwise
I'll
try
to
get
through
this,
so
that
we're
not
taking
too
much
time
next
slide.
Please
taylor
and
then
one
of
our
other
major
accomplishments.
This
past
year
is
use
a
board
approved
our
sustainable
development
policy.
G
That
is
a
threshold
policy
requirement
for
any
projects
receiving
agency
funding,
to
participate
and
meet
energy
efficiency
standards
and
or
be
all
electric.
So
that
is
a
big
game
changer
for
us
and
a
significant
priority
for
the
agency
and
our
participation
and
projects
moving
forward
next
slide.
Please
taylor,
then,
more
importantly,
as
owners,
operators
and
managers
of
the
gallivan
center.
G
We
would
be
remiss
if
we
did
not
speak
to
their
success.
This
past
year
saw
new
events
and
exhibitions
at
the
gallivan
center
total
number
of
events.
Since
officially
reopening
181
live
streaming.
Views
of
the
excellence
in
the
community
concert
series
that
is
funded
by
the
rda
exceeded
seven
million
dollars
and,
more
importantly,
for
the
board
members
who
were
involved
in
conversations
back
last
fall
when
we
were
realizing
the
surge
in
covet
cases.
We
were
concerned
about
reopening
the
ice
rink.
G
We
did
so
they
had
their
best
year
ever
so
these
are
good
numbers
for
any
year,
but
coming
out
of
a
pandemic.
These
are
exceptionally
great
numbers
for
activity
at
the
galvin
center.
Next
slide,
please!
So
looking
forward
to
the
priorities
for
next
year's
budget,
you
see
here.
This
is
our
project
at
255
south
state,
which
this
picture
is
a
little
outdated,
because
I
believe
they
have
officially
topped
off
and
they're
working
towards
phase
one
completion
towards
the
end
of
this
year
and
the
second
tower
shortly
thereafter.
G
The
first
of
the
year
next
slide.
First
priority,
we've
talked
about
a
lot
recently
is
our
housing
priorities.
This
budget
process
is
obviously
the
final
piece
within
that
process
to
help
accomplish
those
priorities.
You
recall
that
recently
as
board,
you
approved
the
four
annual
housing
priorities,
the
first
two.
G
So
just
a
quick
recap
of
that
process:
you'll
recall
that
as
part
of
our
housing
funds
allocation
policy,
we
have
established
this
four
funds
for
all
sources
of
housing
and
how
we
utilize
those
that
policy
also
provides
the
requirement
of
a
housing
funding
strategy.
Wherein
we
come
to
you
as
the
board
provide
the
information
of
what
funds
we're
looking
at
in
this
upcoming
budget
year.
G
That
we'll
start
looking
at
how
to
utilize
that
as
an
additional
tool
moving
forward
and
we'll
get
in
a
little
bit
more
detail
on
that
in
a
bit
and
then
just
another
way
of
looking
at
it
on
the
left.
Here.
The
priorities
that
you've
approved
and
across
the
top
are
the
activities
that
are
incorporated
within
the
budget
and
then
highlighting
which
of
those
activities
accomplished.
What
goals?
G
G
Any
questions
on
that
so
far
most
of
this
you've
seen,
but
this
is
just
kind
of
recognizing
that
final
piece
of
the
budget
number
two
priority
for
our
budget
is
commercial
activities
agency
does
have
a
revolving
loan
fund
right
now.
The
current
name
for
it
in
this
year's
budget
is
the
commercial
assistance
program.
I
think
jen
picked
up
on
the
fact
that
we're
up
to
four
names
now
for
different
allocations,
yeah,
we
will
get
into
more
detail
on
that.
So
I'll
answer
those
questions.
G
G
Third
priority
infrastructure
and
planning
mostly,
but
we
also
call
this
kind
of
improvements
to
public
space.
You
see
in
our
budget
allocations
for
improvements
to
the
pedestrian
experience
at
japan,
town
main
street
and
then
the
folsom
corridor,
future
phases
of
that
and
then
also
obviously,
investments
and
opportunities
for
looking
at
galvin
center.
G
If
anyone
runs
into
talitha,
she
will
tell
you
gallivan
approaching
its
30th
year
next
year,
and
so
the
funds
for
that
is
to
start
looking
at
what
some
of
those
future
improvements,
both
in
terms
of
the
physical
improvements
of
galilean
center
and
then
also
how
we
do
events
and
programming
there
moving
into
the
future.
So
looking
at
that
and
then
for
granary,
district.
G
G
And
sorry
about
that,
then
for
the
granary
project
area,
taking
a
page
from
the
playbook
for
north
temple,
setting
aside
reserve
funds
so
that
we
can
identify
strategic
projects
or
intervention
coming
back
to
use
the
board
and
proposing
what
those
options
may
be
to
then
utilize.
Those
funds
next
slide.
Please
taylor,
a
lot
of
what
we
do
is
obviously
grounded
in
our
policies
and
programs.
G
So
we
wanted
to
take
a
moment
to
just
highlight
what
you,
as
a
board,
have
approved
over
the
past
few
years,
then
fiscal
years,
21
and
22
you've
approved
the
housing
policies,
as
well
as
the
art
policy,
we've
developed
our
equity
work
plan
and
then,
as
we
discussed
earlier,
our
sustainability
development
policy
moving
forward
in
this
next
year.
What
we'll
come
to
you
is
with
more
details
for
the
shared
equity
models
of
development,
the
commercial
assistance
program
that
we've
identified
and
then
also
circling
back
on
the
cultural
and
community
initiatives.
G
G
What
is
that
niche
for
the
agency's
role
in
that
versus
what
other
partners
and
and
programs
may
be
happening,
so
that
is
something
we
are
working
on
right
now
as
far
as
really
just
trying
to
identify
where
we
can
get
the
biggest
bang
for
our
buck
and
what's
the
appropriate
role
for
us
in
that
next
slide.
Please,
taylor,
okay,
commercial
assistance
program:
this
is
a
good
one.
G
So,
as
far
as
this,
as
I
said,
the
agency
has
a
commercial
loan
program.
The
the
bulk
of
that
is
called
the
revolving
loan
fund.
You've
seen
in
past
budget
allocations,
everything
from
allocations
to
exploring
storefront
activation,
the
commercial
district
loan
program,
revitalization
pilot
program,
etc.
G
The
idea
of
this
is
to
bring
all
of
those
together
into
one
new
program
and
utilization,
so
the
easiest
way
to
think
about
that
is
everything
we
have
done
over
the
past
two
years
on
the
housing
side
of
identifying
our
priorities
and
our
programs
and
then
putting
the
policies
in
place
to
accomplish
that.
We
now
want
to
do
on
the
commercial
side.
G
Historically,
our
revolving
loan
fund
did
both
commercial
and
housing
so
as
we've
pulled
housing,
affordable
housing,
primarily
out
of
that,
we
now
want
to
shift
the
focus
back
on
the
commercial
side
and
really
understand
what
we
want
that
to
be
so.
This
will
cover
everything
from
re-looking
at
what
is
our
current
revolving
loan
fund?
How
can
we
provide
that
assistance
in
a
better
way
for
the
community
and
meet
the
needs?
G
So
that's
a
lot
it's
coming
to
you
in
a
couple
weeks,
next
month
in
june,
we
start
that
process
of
starting
that
conversation
with
the
board
before
we
then
go
out
to
stakeholders
and
community
engagement.
So
that's
the
plan
next
slide,
please
taylor
and
then
the
community
and
cultural
initiatives
this
was
originally
funded
last
year.
G
G
So
right
now,
this
may
be
a
small
step
below
that
commercial
assistance
program
of
just
providing
smaller
sources
of
funds,
but
put
it
in
the
hands
of
non-profits
or
community
groups,
or
even
the
community
itself,
to
kind
of
go
out
and
make
changes
in
their
neighborhood.
So
those
are
the
ideas,
but
that
will
be
coming
to
you
as
a
board,
as
we
kind
of
flesh
out
that
idea.
G
Next
slide,
please,
taylor.
Okay,
this
is
a
photo
that
we
used
for
a
different
presentation
and
I
hoped
we
we
opted
to
include-
and
I
hope
by
the
time
I
got
to
this
point.
G
I'd
have
something
kind
of
witty
or
some
way
to
tie
it
to
our
budget,
but
I
I
didn't
in
fact
I
think
it's
made
us
a
target
because
where,
when
I
turn
over,
my
couch
cushions
I'm
lucky
to
find
a
quarter,
and
I
think
if
we
let
word
out
that
under
the
rda
couch
cushions,
there's
25.97
people
are
going
to
start
coming
into
our
house
and
looking
at
it.
So
but
it's
a
great
picture,
so
we
opted
to
to
include
it
next
slide.
Please,
taylor.
G
Okay,
looking
at
the
details
of
the
actual
budget
breakdown,
starting
with
the
trend
of
tax
increment,
you
can
see
here
what
we've
reported
in
in.
I
don't
know
how
it
shows
on
the
screen:
green
teal
grayish,
whatever
those
are
the
actual
amounts,
and
then
the
2022
number
in
orange
is
what
is
within
our
budget.
So
over
the
past
years,
you
see
that
there
has
been
an
upward
trend
in
our
increment
up
until
2017,
and
that
was
the
year.
G
I
think
jen
and
council
staff
alluded
this
in
the
the
memo
that
was
the
year
of
the
perfect
storm
of
impacts
of
what
hit
our
tax
increment.
There's
a
large
number
of
appeals,
judgment
levies.
More
importantly,
we
realize
that
the
the
process
that
the
county
was
using
to
allocate
and
adjust
tax
increment
for
increases
in
the
tax
rate
from
taxing
entities
was
affecting
the
ti
that
we
had
to
change.
But
all
these
things
came
together
to
provide
a
dip.
G
Since
then,
you'll
see
that
we're
back
on
an
upward
trend
and
moving
forward.
G
The
reason
there's
a
dip
in
2022
is
the
difference
between
what
the
actual
amounts
have
been,
that
we've
realized
and
and
taken
in
versus
what
we're
putting
in
the
budget
for
fiscal
year
23,
and
that
proposed
budget
number
technically
starts
as
just
an
increase
and
a
projection
off
of
last
year's
budget
number.
So
last
year's
budget
number
not
the
actual
amount
that
we
received,
because
by
the
time
we
actually
get,
those
dollar
amounts
is
right
when
we're
doing
the
budget.
G
When
you
look
at
it
based
off
the
actual
dollar
amounts,
but
it
also
builds
in
the
conservative
approach
that
allows
us
to
budget
with
what
we're
really
sure
of
what
we're
going
to
get
gives
us
the
opportunity
that,
if
we're
wrong,
hopefully
we're
wrong
that
we
receive
more
money
and
then,
as
you
realize,
with
what
we
just
approved
back
in
april
budget
amendment
two
we
come
back
to
when
we
get
our
final
dollar
amounts
and
then
use
a
board,
adjust
it
based
on
those
actuals.
G
Next
slide,
please,
taylor,
okay,
so
of
that
revenue,
it
breaks
down
a
little
bit
where
the
tax
increment
revenue,
as
we
said,
is
projected
to
be
40.8
million
dollars.
There
are
then
five
other
sources
of
revenue
that
the
agency
receives
between
either
interest.
We
do
get
a
little
bit
of
a
kickback
from
some
of
the
taxing
entities
in
cbd.
We
have
parking
structure,
revenue,
other
funds,
transfers
and
other
sources.
G
So
our
total
new
revenue
is
54.5
million
dollars,
then,
just
because
we
like
to
make
it
complicated,
we
have
8.7
million
dollars
of
just
internal
transfers
within
agency
accounts
or
between
the
agency
and
the
city.
So
our
total
budget
is
63
63.3
million
dollars,
but
that
really
only
includes
54.5
million
of
new
revenue.
The
difference
is
just
transfers
between
accounts.
B
G
G
So
you
see
in
the
other,
the
4.7
million
dollars
portion
of
that
is
block
70,
which,
if
I'm
remembering
that
correctly,
that
is
either
dipping
into
the
reserve
fund
or
our
donor
amounts
that
we
receive.
And
then
we
have
some
repayments
within
the
revolving
loan
fund
program,
income
fund
and
primary
housing
fund
west
side
community
initiative
fund
that
500
000
is
what
we
receive
from
the
inland
port
as
part
of
that
payment
which
which.
F
Sorry
to
interrupt
that
that
payment
actually
probably
could
be
classified
as
tax
increments
since
technically
it
is
increment
from
the
inland
port,
but
it's
very
it's
different,
because
it's
governed
by
state
law,
so
it
probably
doesn't
hurt
to
track
it
separately,
but
it
is
technically
tax.
Increment.
G
F
I
just
wanted
to
highlight
the
1.6
million
of
other
in
the
housing
development
fund.
I'm
not
sure
what
the
625
is,
but
the
1
million
1
million
of
that
is
transferred
from
the
north
temple
viaduct
debt
service
overage
to
make
an
additional
investment
in
affordable
housing
this
year
and
that's
based
on
the
administration's
recommendation.
Above
and
beyond
the
funding.
Our
future
transfer.
G
Okay
next
slide:
please
taylor,
okay,
so
on
the
expense
side
of
the
budget
of
that
54.5
million
in
new
revenue.
17.3
million
of
that
just
comes
right
off
the
top,
and
that
is
as
part
of
our
inner
local
agreements
with
taxing
entities
for
a
number
of
our
project
areas.
G
We,
as
the
agency
receive
a
large
share
of
the
increment
and
then
we
turn
around
and
we
pay
back
portions
of
that
increment
to
the
city,
the
county
and
the
school
district
based
on
whatever
those
inner
locals
were
done
at
the
time.
So
great
examples:
cbd
we
receive
a
portion
of
it
and
then
we
either
pay
some
of
it
back
or
we
receive
some
of
it.
And
then
it
goes
to
eccles
theater.
G
So
main
point
is
we
receive
it
and
there's
some
a
big
chunk
of
it
is
just
to
pass
through
right
back
to
the
taxing
entities.
Then
we
have
tax
increment
reimbursement
agreements
of
just
over
4
million,
so
those
are
contractual
obligations
that
we
have
to
pay,
and
then
we
have
over
14
million
dollars
in
debt
service,
and
this
is
primarily
the
echoes,
theater
debt
service
for
block
seven.
So
for
anyone
that
says
we
don't
do
enough
for
arts
and
culture
as
owners
of
echoes.
G
We
are
fronting
the
debt
service
on
that
facility,
and
so
that
is
a
big
chunk
of
what
our
budget
goes
towards.
Then
we
have.
Oh
sorry,
I
thought
someone
had
a
question.
Then
we
had,
I
don't
think
7.7
million
and
everything
from
administration
to
operations
and
maintenance
keep
in
mind
that
operations
is
also
our
contribution
to
galvin
center.
G
G
G
The
number
for
other
is
slightly
skewed,
because
that
does
include
over
three
million
dollars
for
acquisition,
which
the
reason
it's
in
other
is
within
state
street
and
nine
line
we
haven't
identified
if
it's
for
commercial
or
residential,
yet
so
it's
just
kind
of
there,
but
that
skews
it
a
little
bit
to
probably
be
a
higher
percentage.
G
But
what
you
can
see
here
is
as
a
board
carrying
out
your
priority
for
affordable
housing
that
makes
up
56
percent
of
our
budget,
potentially
more
depending
on
how
some
of
those
other
acquisition
funds
are,
and
then
commercial
and
infrastructure
come
in
pretty
close
to
each
other
at
10
and
12
percent.
C
G
A
great
clarification
this
is
for
that
that
money
available
for
projects,
that's
how
this
money
is
being
spent
on
the
projects.
Okay.
So
if
we
incorporated
things
like
debt
service
or
contribution
to
galvan,
this
would
probably
change
that
a
little
bit
but
of
the
money
that
we're
putting
into
new
projects.
This
is
the
breakdown.
G
Next
slide,
please
taylor,
and
then
this
is
just
a
slide
to
show
how
that
allocation
of
affordable
housing
is
broken
out
between
one,
the
priorities
on
the
left
of
the
adus
acquisition
and
the
housing
development
loan
program
and
then
within
the
four
separate
housing
funds
in
in
the
agency
budget,
primary
secondary
housing,
the
housing
development
fund
and
then
also
what
is
coming
from
the
project
area,
central
business
district
fund.
So.
G
Next
slide,
please
taylor:
we
provide
this
breakdown
of
the
cbd
project
area
because
it
is
so
large
and
it's
important
to
note
where
a
lot
of
that
money
goes.
So
when
you
look
at
within
our
budget,
you
see
that
cbd
is
a
total
of
a
27.5
million
dollar
budget.
It's
important
to
remember
again
as
part
of
that
pass-through.
We
turn
around
and
16,
and
a
half
million
of
that
goes
right
back
to
the
taxing
entities.
We
then
have
a
reimbursement
agreement
of
1.4
million
and
then
the
cbd
debt
service,
3.2
million.
G
F
C
F
C
G
Okay,
so
after
the
debt
service
again
just
over
five
million
dollars
in
administration
operations
and
maintenance
at
five
million
again
covers
a
share
of
what
goes
towards
either
echols
or
a
big
chunk
of
it,
goes
towards
operating
and
programming,
gallivan
and
then
within
cbd.
That
leaves
a
grand
total
of
1.3
million
dollars
available
for
projects.
So
just
five
percent,
and
just
so
I.
B
C
G
No
is
it
cbd
does
not
have
a
statutory
requirement
for
housing.
It's
one
of
the
older
projects,
areas
that
doesn't
historically,
we
have
pulled
money
from
cbd
like
other
project
areas
to
go
towards
housing,
which
then
yes,
we're
eligible
to
spend
anywhere
in
the
city.
If
we
want,
but
this
1.3
million
jen
will
tell
you,
I
think
we're
happy
to
have
a
seven-figure
number
there,
whereas
the
past
few
years,
I
think
we
were
happy
to
have
a
five
digit
number
there.
G
C
B
G
It's
a
great
question
and
a
heavy
dose
of
foreshadowing
that
we'll
get
to
okay
later
in
the
presentation.
Any
other
questions
on
this
next
slide.
Please,
taylor.
Okay,
I
feel,
like
madam
chair
you're,
a
softball
pitcher
and
you're
just
lobbing
these
up
for
me.
Next
slide,
please,
taylor.
Okay,
these
are
getting
into
the
details
of
the
key
changes
within
our
budget.
First
and
foremost,
starting
with
what
just
we
look
at
as
an
overall
forecast
as
a
whole,
we've
projected
a
two
percent
increase
in
our
tax
increment
projections.
G
This
is
for
all
project
areas,
with
the
exception
of
in
cbd
and
block
70,
the
eccles
project
area.
We
have
held
those
numbers
steady.
G
That
is
primarily
just
because
we're
a
little
bit
more
conservative
in
those
project
areas
especially
block
70,
because
that's
primarily
for
debt
service,
so
we're
not
necessarily
looking
to
have
a
lot
of
excess
revenue
as
much
as
just
make
sure
we're
covering
our
obligations
and
so
we're
conservative
there
in
central
business
district.
We're
conservative,
because
the
actual
dollar
amounts
that
we
recently
received
in
central
business
district
were
slightly
less
than
what
we
had
hoped
they'd
be
they
were
going
to
be.
G
They
were
more
than
last
year,
but
they
weren't
growing
at
the
same
rate
that
we
saw
in
other
areas
of
the
city
or
in
other
project
areas,
and
that
is
something
that
we're
going
to
be
looking
into
to
figure
out.
We
don't
know
if
that's
just
kind
of
the
state
of
downtown-
and
I
didn't
get
a
chance
to
put
this
in
my
slide
deck.
G
Only
two
of
these
11
are
within
the
collection
area
for
cbd
and
those
two
are
in
the
planning
and
design
phase,
so
they're
they're,
not
even
necessarily
under
construction.
Yet
so
the
reason
for
that
is,
if
you
look
at
our
wonky
map
for
central
business
district,
it's
a
big
area,
but
it's
also
only
got
a
hundred
acres
within
that
area
that
we
collect
increment
from.
So
if
these
projects
are
on
the
outlier
of
that
or
on
the
wrong
side
of
the
street,
it's
great
for
downtown
it's
great
for
the
city.
F
And
can
I
just
make
one
clarification?
The
reason
for
that
is
that,
at
the
time
of
the
cbd
extension
state
law,
limited
project
areas
to
100
acres
of
collection,
because
there
was
the
fear
that
the
city
would
just
make
their
whole
city
an
rda
and
collect.
You
know
taxing
from
the
whole
city,
so
that
was
just
a
limitation
based
on
state
law.
At
the
time,
yeah.
B
That
you
mentioned
those
11
projects
remind
us
if
we
have
participated
at
all
like
in
any
of
the
houses.
G
Yeah
we
have
in
some
of
those,
but
there's
quite
a
few
that
and
some
of
those
are
in
other
project
areas
like
one
of
those
is
in
the
eccles
one.
So
we'll
see
a
benefit
from
that.
I
think
one
is
in
the
depot
project
area
and
others
are
in
cbd,
just
not
within
that
collection
area.
So
there's
a
range,
but
as
far
as
the
ones
that
will
ultimately
ever
hit
and
benefit
us
there's
only
two.
G
So
that's
the
reason
why
we
say
we're
kind
of
holding
steady
in
some
of
these
projections
within
the
other
project
areas,
nine
line,
northwest
quarter
and
state
street,
where
these
are
kind
of
still
new
project
areas.
We've
taken
those
to
80
of
what
we
project
just
to
be
conservative,
because
we're
still
kind
of
seeing
how
these
will
come
on
and
whether
you
know
we
don't
have
enough
data
to
really
see
how
these
are.
So.
That's
the
overall
forecast
side
within
the
central
business
district.
G
The
key
changes
that
we're
proposing
funding
for
are
japan,
town
250
000.
This
is,
in
addition
to
some
other
funds
that
we've
set
aside,
also
funding
that
we
will
receive
from
the
block
67
project
area.
But
the
idea
here
is
use
a
board
funded
an
amazing
design
strategy.
G
We
have
empowered
and
been
working
with
the
community
to
help
carry
out
that
strategy,
and
we
felt
that
to
help
further
that
along,
we
would
start
setting
aside
funds
that
they
will
then
hopefully
get
additional
funds
and
leverage
those
to
ultimately
build
out
the
projects.
So
this
is
really
just
asking
to
start
a
reserve
account
that
we
can
make
available
as
they
get
other
funding
sources
and
and
hopefully
do
what
they
they
want
to
do,
which
is
to
build
it
out.
G
Main
street
closure
300
000.
This
is
to
start
looking
at
the
actual
design
to
support
the
transition
of
main
street
to
a
pedestrian
promenade.
This
is
also
potentially
funds
that
may
go
towards
doing
open
streets
this
year,
but
the
bulk
of
the
funds
would
go
towards
looking
at
that
design
plan
of
how
we
could
make
that
happen.
What
that
would
look
like
and
and
how
it
could
come
into
play.
G
We
we
don't
honestly
speaking.
This
is
something
that
we
had
at
the
last
minute.
It's
just
hey.
Can
we
get
these
funds
set
aside?
If
it
is
approved,
I
think
we
would
lay
out
what
that
scope
is.
I
think
we
would
obviously
incorporate
those
conversations
with
the
board
of
what
either
our
role
as
an
agency
would
be
doing
that
if
we're
just
the
funding
source
or
if
we're
doing
the
plan
and
then
what
those
goals
and
priorities
would
be
so,
okay.
G
And
then
any
other
questions
on
that?
I
don't
know
if
there
are
others
that
wanted
to
jump
in
okay
and
then,
as
indicated,
a
hundred
thousand
for
the
galvan
cult
master
plan.
It's
really
more
of
a
strategic
design
plan
that
will
cover
everything
from
what
potential
capital
improvements
we
could
make
for
gallivan
center,
as
well
as
what
are
some
of
the
larger
capital
maintenance
items
that
we
want
to
identify
and
have
a
plan
for
funding.
G
B
Danny
on
that
one
on
that
one,
I
know
we
so
we
partially
own
gallium
and
plaza
and
then
there's
a
known
as
an
owner's
association
like
the
other
groups
that
contribute
to
the
programming,
but
will
they
contribute
as
well
for
this
master
plan
like
do
we
need
two
hundred
thousand
dollars
to
make
it?
You
know
to
study
this
or
put
the
strategies
together
or
are
we
actually
footing
the
bill
and
and
then
whatever
needs
to
be
repaired
or
replaced?
They
will
we.
G
G
We,
as
the
agency,
are
the
majority
funder
of
even
those
budgets,
and
so
for
us,
this
plan
is
one
that
we
are
undertaking
to
look
at,
how
to
kind
of
rebuild
improve,
maintain
our
asset
and
then
whatever
we
identify.
Yes,
the
owners
association
will
have
a
share
of
potentially
either
some
of
those
larger
capital,
repairs
and
or
then
just
the
ongoing
maintenance
and
programming
of
it.
So
they
will
have
a
role
in
it,
but
as
far
as
the
plan,
as
you
indicated,
we've
taken
that
on
ourselves.
C
G
H
So
I
have
a
logistical
question:
if
I
made
madame
chad,
you
mentioned
with
that
300
000
for
the
main
street
reopening
I'm.
C
B
H
Open
streets
did
the
rda
participate
in
helping
fund
that
last
year,
when
we
did
open
streets
there,
we.
H
If
we
were
to
set
this
300
thousand
aside
and
kind
of
say,
this
is
for
the
open
streets
and
let's
say
the
administration
came
with
this,
I'm
looking
at
jen,
sorry
danny,
I'm
looking
but
she's,
smarter.
H
F
I
think
it
depends
on
how
you
how
you
adopt
the
budget.
I
think
there's
different
ways
to
adopt
the
budget.
If
you
adopt
the
budget
with
you
know
an
asterisk
on
that
money
and
say
it
has
to
come
back
to
you
guys
for
approval,
then
yeah,
you
would
need
to
act
again.
You
could
just
not
allocate
these
funds
until
you
know.
If
you
want
to
open
street
and
then
it
would
just
essentially
be
unallocated
funds
in
cbd
and
then
it
would
need
a
budget
amendment.
F
So
if
you,
if
you
are
leaning
towards
approving
the
funds,
actually
approving
them
in
the
budget,
with
the
understanding
that
all
you
have
to
do
is
make
a
motion
to
release
the
funds
is
probably
the
easiest
way
to
do
it,
and
then
it
does
not
need
another
full
budget.
Amendment
process.
B
Oh,
I
have
if
that's,
okay,
cindy
gus
jensen
and
then
vice
chair,
puy.
D
Sorry,
just
a
a
quick
note
on
the
on
the
change
in
main
street
to
make
it
not
vehicular
in.
B
D
Areas,
one
of
the
things
that
we
get
some
questions
about
from
constituents
is
what
the
process
will
be,
because
I
think
some
a
lot
of
people
have
come
to
a
conclusion
and
the,
but
we
haven't
been
through
a
process
and
the
general
public
hasn't
weighed
in,
and
I
don't
even
know
if
the
abutting
property
owners
have
weighed
in
so
I
don't
know
if
anyone
knows
that
off
the
top
of
their
head,
I
think
it
would
be
probably
a
street
vacation
process
which
is
a
bit
lengthy
and
it
would
go
through
the
planning,
commission
and
then
ultimately
to
the
city
council,
but
I
could
be
wrong,
so
I
don't
know
danny.
G
I
don't
and
those
are
great
points
and-
and
I
will
tell
you
that
I
think
all
of
that
would
need
to
be
probably
figured
out
as
part
of
that
funding
allocation,
so
yeah,
okay,
because
I
I
know
sitting
here
right
now-
that's
not
even
necessarily
the
full
world
that
we
live
in
or
operate
in.
So
we
would
need
to
know
that
process
as
well.
D
Yeah,
so
I
think
it
would
be
a
pretty
big
conversation
and
I
don't
know
if
anyone
has
filed
a
petition
to
do
that.
So
not.
H
C
D
Right
right
and
there's
a
funny
part
of
state
law
that
we
ran
into
when
there
was
a
temporary
street
closure
of
rio
grande
when
they
put
that
fence
in
the
front.
C
D
Was
something
that
did
have
to
come
before
the
city
council
and
it
surprised
all
of
us,
because
we
thought
that
that
there
could
just
be
a
temporary
semi-permanent
use,
that's
reversible
administratively,
and
it
turned
out
that
that
can't
be
so
we'll
come
back
to
you.
We'll
learn
more
about
it
and
report
back.
Go
ahead.
I
I
I
would
like
to
share
that.
You
know
my
support
for
this
and
my
you
know
very
much
interest
in
doing
something
temporary.
I
I
know
that
some
people
would
like
to
see
main
street
to
be
similar
to
what
denver
has,
but
will
require
quite
a
bit
of
investment
and
a
lot
of
money,
but
I
don't
want
us
to
to
stop
for
the
ideal
project
you
know
in
in
san
diego,
very
recently
we
visited
this
area
that
they
just
close
the
street
with
you
know
cones
and
whatnot,
and
there
is
probably
thousands
of
people
that
come
enjoy
and
it
brings
life
to
to
the
community
and
to
the
stores
there-
and
I
you
know,
I
believe
salt
lake
city
is
ready
for
this,
and
I
think
we
need
to
make
it
happen
and
I'm
not
looking
for
the
beautiful.
I
Yes,
if
we
can
make
it
happen,
but
you
know,
but
I
think
sometimes
we
just
need
to
go
for
it
and
we
already
tested
it.
It
worked.
It
is
a
beautiful
sight
to
see
that
main
street
come
out,
come
to
life,
so
not
perfect,
but
we
need
to.
I
believe
we
need
to
make
it
happen,
and
I
would
like
to
understand
the
process
how
to
make
it
happen
somewhat.
Quick.
B
We
would
make
it
a
more
permanent
thing.
We
would
need
to
look
at
a
process.
What
I
know
from
the
from
my
constituency,
everybody
has
been
asking
before
like
have
asked
before
open
streets
was
open
streets
about
it.
So
apparently
there
has
been
support
from
before.
So
I
was
happy
to
see
it
happen.
I
know
the
downtown
alliance
is
involved
with
that.
B
What
I
also
heard
from
the
downtown
alliance
is
that,
because
of
all
the
fencing
that
has
to
go
through
and
also
you
know,
the
curb
they
need
to
put
certain
parts
like
wooden
or
something
that
it's
like
a
ramp
type
of
thing,
so
that
it's
accessible
for
people
that
are
in
wheelchairs
or
or
have
other
needs,
and
so
that's
also
costly.
So
this
number
looks
about
that.
Like
you.
B
Just
make
it
happen,
you
know
temporarily
and
then
every
year
it'll
have
to
be
about
the
same
number
or
more
so
anyway.
Those
are
just
comments
here
and
there,
but
I'm
also
supportive.
I
think
downtown
needs
more
people
downtown,
and
it
was
proven
that
a
lot
of
people
did
come
during
the
summers
and
supported
all
of
those
businesses.
I
mean
we
heard
from
the
businesses
that
that
really
helped
with
the
pandemic,
so.
I
Yeah,
I
remember
one
thing
and
some
other
cities
just
do
it
in
the
evenings
and
on
the
weekends
and
they
let
transit
go
through
the
day.
I
know
that
you
know
some
people
would
like
to
see
it
close
completely,
but
we
easily-
I
mean
I
don't
I
try
to
avoid
driving
through
main
street
street,
because
there
are
too
many
lights
and
too
many
weird
things
happening
to
me.
G
Thank
you.
We
appreciate
that
support
and
recognize
that
there's
a
tremendous
amount
of
conversations
to
happen
and
process
to
follow
with
that.
But
certainly
this
is,
I
think,
identifying
a
way
to
start
moving
that
forward.
G
Closing
up
the
central
business
district,
the
balance
of
funds
request
was
just
to
start
a
reserve
account
for
property
acquisition
to
look
at
buying
a
property.
This
acquisition
would
be
targeted
towards
looking
for
a
project
and
property
that
could
be
for
affordable
housing
within
the
depot
district.
The
key
change
there
is
repayment
to
the
revolving
loan
fund.
G
If
you
recall
is
board,
you
approved
a
recent
property
acquisition
of
which,
within
that,
we
stated
that
we
would
repay
the
revolving
loan
fund
when
we
sold
that
we
we
opted
instead
to
just
have
the
depot
district
pay
that
now,
so
that
if
we
look
to
either
hold
on
to
that
property,
it
wasn't
something
that
we
didn't
meet
that
obligation
and
then
also
we
felt
if
we
put
in
the
revolving
loan
fund.
Those
funds
would
then
be
available
to
spend
in
depot
if
something
came
up
as
far
as
a
loan.
G
So
next
slide,
please
taylor
within
grant
our
district,
as
as
indicated
setting
aside
funds
to
identify
and
and
have
a
reserve
account,
so
that
when
we
come
back
to
you
with
the
catalytic
project,
we
have
funding
to
make
that
happen.
G
Now
that
that
amenities
is
being
opened
and
then
within
state
street,
putting
funding
towards
property
acquisition
again,
both
this
and
nine
line,
taylor,
if
you
could
turn
on
the
next
slide,
those
acquisitions
would
be
for
either
commercial
or
residential
purposes
and
then
within
the
program
income,
putting
the
the
bulk
of
the
funding
there
towards
the
forthcoming
commercial
assistance
program,
and
then
we've
talked
about
the
housing
funds
and
the
breakdown
of
those
allocations,
and
I
think
taylor
that
is
the
last
slide
and
we're
done
so
happy
to
go
back
to
any
slides
or
provide
information
or
answer
any
questions.
C
F
So
it's
actually
tracked
separately
in
and
it's
sort
of
essentially
managed
in
the
general
fund
accounts
in
our
grants
fund
so
that
it
can
be
tracked
and
reported
to
the
federal
government
separately.
Rda
staff,
though,
is
in
charge
with
spending
it
so
they're
working
with
finance
to
figure
out
how
to
spend
that
as
quickly
as
possible.
I
don't
know
if
danny
you
want
to
mention
no.
G
C
G
C
C
F
G
No,
I
think
it's
definitely
something
that
we
would
come
back
and
and
offer
small
group
meetings
with
board
members
to
talk
about
what
some
of
the
ideas
we're
proposing
get
input
and
feedback
from
interested
board.
Members
on
what
you'd
like
to
see
before
then
bringing
back
for
final
approval.
F
I
think
that
the
most
sort
of
the
the
most
interesting
and
yet
challenging
aspect
of
this
will
be
how
to
spend
that
four
million
dollars
within
the
guidelines
of
arpa
and
within
the
deadlines
of
arpa.
I
don't
think
it's
an
insurmountable
challenge,
but
I
think
that
will
be
probably
priority
number
one
for
them.
Hopefully,.
I
So
do
you
think
managing
that
money,
and
potentially
the
future
monies
from
the
increment
coming
from
the
inland
port,
will
will
impact
your
staff?
Are
you
going
to
need?
More?
Can
you
handle
is
the
question.
I
guess
you
know,
because
it's
not
an
insignificant
amount
of
money
and
it's
a
new.
It's
a
new
program.
Technically
right,
like
it's
a
new
thing,
it's
a
new
way
of
doing
things
and
for
at
least
for
our
city,
and
it's
very
unique
in
the
nation
too.
G
Think
the
easy
answer
is,
we
probably
anticipate
needing
more
staff
in
the
future,
okay
and
what
will
drive.
That
is
to
what
extent
we,
what
we
figure
out
for
our
shared
equity
models
of
development?
How
how
involved
are
we
in
that?
Or
is
it
kind
of
a
program
where
we
provide
the
funding
to
other
agencies
versus
how
much
we
take
on
ourselves?
G
And
so,
as
we
figure
that
out
as
we
come
up
with
ideas
of
how
to
spend
the
money
for
the
west
side
initiative,
all
those
will
help
us
start
to
determine
workload,
but
I
think
right
now,
looking
at
our
workload,
what
we
know
is
coming
down
the
pipeline
for
things
like
this,
we'll
probably
need
a
few
more
of
our
19
staff
members
right
now.
We
have
16
full
time
and
one
part
time.
So
we
have
two
open
project
manager
positions
right
now
that
we
anticipate
probably
hiring
in
the
next
six
to
nine
months.
G
Over
the
last
six
months,
we've
hired
four
new
staff
members,
so
we're
building
up
our
staff
within
what
is
our
staffing
document
right
now
we
have
some
opportunities
for
a
few
more
within
that,
and
then
I
think
this
time
next
year,
we'll
have
a
pretty
good
sense
of
what
additional
staff,
if
any
we
would
need.
So
I
I.
I
Oh
yeah,
what
no,
I
know
you
know,
I
guess
we
were
talking
about
this
the
other
day
about
maybe-
and
this
is
an
idea
from
councilmember
peter
you
know-
maybe
maybe
we
do
need
to
partner
up
with
organizations.
They've
been
working
on
this
on
the
west
side
with
housing,
and
you
know
we
know
all
of
them
that
they've
been
doing
an
amazing
amount
of
work
for
the
last
30
plus
years
on
this.
But
you
know
so
just
a
thought
there
that
maybe
we
need
to
ask
for
them.
G
G
We
do
not
necessarily
want
to
duplicate
what
someone
else
is
doing,
but
we
do
want
to
find
what
is
maybe
appropriate
for
the
agency
to
be
doing
whether,
because
that's
what
we
really
want
our
program
to
do
or
what
maybe
is
a
gap
in
what's
not
being
provided
right
now,
but
I
think
our
first
step
is
to
make
sure
that
we're
not
just
necessarily
doing
what
someone
else
is
doing
versus.
How
can
we
maybe
get
money
in
those
programs
or
agencies?
So
I
just
wanted
to
respond
to
that.
D
They
we
went
through
a
really
good
exercise,
went
through
all
of
the
accounts
and
that's
why
the
council,
under
mayor
council,
member
mendenhall's
leadership,
was
able
to
identify
a
lot
of
money
that
could
be
repurposed
for
housing.
So
so
just
keep
in
mind
that
you
can
move
move
that
money
and
you
are
able
to
re-prioritize
as
you
see
fit,
and
then
the
other
point
I
wanted
to
make
is
that
you
do
have
the
financial
tool
of
bonding.
D
B
All
right
go
ahead
board
member
tyler.
H
Sorry
danny
are
smart,
but
I
did
want
to
say
that
not
say
I
was.
I
was
looking
at.
The
housing
fund
allocations
and
the
four.
C
H
That
we
have
there
and
one
of
those
buckets,
I
believe
it's
the
housing
development
fund
came
from
money
that
we
transferred
from
hand.
Is
that
right?
Is
that
the
bucket
that
that
went
into.
G
H
G
You,
as
a
council
approved
that
as
part
of
ba7
yeah.
I
can't
remember
the
day
I
was
looking
was
that
last
week
doesn't
matter
so
both
sides,
the
agency
and
the
city
side,
have
done
what
officially
needs
to
happen
to
transfer
that
our
staff
is
working
with
staff
in
hand
to
really
just
kind
of
gather
up
that
portfolio
and
bringing
into
our
loan
system
now,
and
that
should
happen.
Hopefully,
within
the
next
few
months,.
F
I
wanted
to
make
sure
that
you
weren't
referencing,
though
the
12
million
from
hud
funds,
okay,
great
separate.
H
G
F
And
one
of
the
policy
questions
in
the
staff
report
about
that
housing
nofa.
I
think
the
council
made
a
policy
choice
to
sort
of
corral
that
high
opportunity
money,
even
though
it
meant
multiple
years
of
trying
to
get
someone
to
spend
that
nofa.
I
think
that
this
board
could
consider
that
same
strategy
if,
after
the
nofa
is
released
and
responses,
come
back
and
there's
no
developments
with,
let's
say
multi-family
or
let's
say
family-sized
housing
or
home
ownership
housing.
F
B
Great
going
back
danny
to
the
granary,
district,
strategic
intervention,
there's
421
thousand
dollars
and
it
says
catalytic
project
under
it.
First,
what
kind
of
process
are
you
thinking?
But
two
is
that
the
same
as
what
you're
going
to
present
next
week,
let
me
see
the
same
amount
of
money
with
the
cultural
and
community
initiatives.
G
B
Oh
okay,
great,
I
know
I
know
you
know,
there's
a
lot
of
stuff
going
on
at
the
greenery,
so
in
the
in
the
groups
as
well,
they
have
an
organization
there
that
are
preparing.
You
know
they're,
anxiously
waiting
about
what
these
funds
are.
You
know
when
they're
going
to
be
available,
so
it's
great
great
stuff
for
that
area.
Last
question
on
granary:
we
did.
We
extend
granary
as
well
because
of
the
state
because
of
the
state's
yes
rule
that
we
could
do
it
because
of
lost
revenue
loss
because
of
the
pandemic.
G
G
F
B
C
G
B
We
have
a
brand
new
year
to
start
over
so
budget
year.
So
thanks.
Thank
you
all
right,
so
we're
moving
on
to.
B
B
Right,
thank
you.
We
don't
have
any
written
briefings.
We
don't
have
consent.
Do
we
have
a
closed
session?
That
am
I
unaware
of
no
okay,
so
just
an
announcement,
if
there's
any
public
from
me
happening,
is
that
the
living
traditions
festivals
have
been
happening
this
weekend,
friday,
saturday
and
sunday
so
come
over
and
eat
some
good
food
and
look
at
some
great
art
from
different,
diverse
communities
here
in
salt
lake
city
by
stir,
do
you
have
any
announcements
all
right
so
then
I
need.
I
do
need
a
motion
to
adjourn.