►
Description
To view the agenda for this meeting visit https://slc.primegov.com/public/portal
A
Had
written
and
was
attached
to
direct
a
film
about
kids
playing
baseball
in
the
50s
for
the
classic
film
The
Sandlot
Evans
found
Salt
Lake
City
the
perfect
place
to
shoot
the
film
houses
on
the
east
side
served
as
the
neighborhoods
for
the
film
a
private
lot
in
Glendale
served
as
the
sand
plot
a
Little
League
field.
Just
a
few
miles.
North
and
Rose
Park
served
as
the
site
of
the
film's
baseball
game
between
the
Sandlot
kids
and
the
rich
kids.
Liberty
Park
was
there
for
their
post-game
celebration.
A
The
film
was
released
in
1993
and
became
a
cult
hit
and
favorite
among
salt
Lakers.
In
2013,
a
20-year
anniversary
celebration
was
held
and
much
of
the
cast
was
reunited.
The
Sandlot
was
restored
to
how
it
looked
during
the
filming
of
the
movie
and
the
cast
were
guests
at
a
Bees
game.
The
film
remains
a
beloved
part
of
Salt
Lake,
City
history
and
a
time
capsule
for
the
city
in
the
50s.
As
seen
through
the
lens
of
the
90s.
B
That's
it
for
another
episode
of
capital
city
news.
Remember.
The
best
way
to
stay
engaged
is
to
stay
informed.
You
can
do
that
by
following
us
on
social
media,
at
slcgov
tuning
in
to
channel
17
or
subscribing
to
us
on
YouTube
reporting
in
from
Capitol
Hill
I'm
Yousef
long,
don't
wait,
I
have
a
joke
for
you
guys,
two
guys
walking
to
a
bar,
the
third
guy
ducks.
The
second
one
was
me,
but
it's
fine,
because
the
only
thing
that
broke
was
my
sense
of
humor.
Okay,
guys
until
next
time.
C
C
D
D
D
E
E
E
E
On
the
agenda,
which
is
comments
and
begin
We
Begin,
our
comment
meeting
with
comments
to
the
board.
I
would
like
to
remind
you
that
written
comments
might
be
some
submitted
to
the
RDA
offices
via
email,
mail,
the
PO
Box
145476,
Salt,
Lake,
City,
Utah,
84114
or
emailing
us
at
Council
dot
comments
at
SOS
slcgolf.com
or
by
calling
our
24-hour
line
at
801-535-7654.
E
So
not
tonight,
but
we
started
I
want
to
remind
everybody
about
our
rules
of
the
Quorum
which
are
in
place
to
ensure
our
meetings
move
along
well
and
help
everybody
feel
comfortable,
sharing
their
comments.
A
copy
of
the
four
rules
of
the
Quorum
are
available
at
the
door
and
our
staff
will
post
them
in
the
zoom
link.
E
If
you
would
like
to
comment
on
the
public
hearing
today,
we
are
accepting
comments
in
person
and
online
through
Zoom
Scott
corpandy
from
our
staff
will
moderate
our
zoom
and
we'll
message
you
with
any
questions
about
the
registration
staff
is
handling
many
tasks.
So
please
limit
messages
to
technical
issues
and
minimal
information
updates.
E
If
you
do
need
to
speak
with
our
staff,
please
select
Scott
corpany
from
the
list
of
participants.
If
you
need
to,
you
can
also
raise
your
hand
and
zoom
to
indicate
that
you
need
some
assistance
from
the
host
Taylor
Hill
and
our
staff
for
calling
we'll
be
calling.
Those
who
wish
to
comment
based
on
the
order
will
receive
the
names.
If
you
are
on
Zoom,
please
unmute
your
mic.
When
Taylor
calls
your
name,
we
will
now
open
our
general
comment
period.
Taylor.
Please
start
with
our
first
comment.
F
G
Afternoon
again,
my
name
is
still
Christina.
Rob
and
I
do
represent
the
East
Liberty
Park
Community
organization
I'm
here
today,
to
thank
the
council
for
supporting
the
Perpetual
trust
and
other
Land
Trust
organisms,
ordinances
and
ideas,
because
we
at
alpco
are
looking
towards
home
ownership
as
the
way
to
make
sure
that
families,
especially
lower
and
middle
class
families,
stay
in
Salt
Lake
in
the
areas
that
are
being
gentrified
along
the
d5d4
corridor.
G
We're
we're
very
happy
what
the
council
has
been
doing
so
far
to
make
sure
that
these
issues
raised
to
the
top
of
the
list
around
affordable
housing,
and
we
want
to
stress
that
that
you
continue
to
look
at
the
quality
of
housing
starts
in
addition
to
the
number
of
housing
starts,
as
you
have
done
to
this
point.
Thank
you
very
much.
E
Thank
you.
Anybody
else
wishes
to
come
into
the
board,
so
we're
not
moving
to
to
Item
B,
which
is
public
hearings,
but
we
don't
have
any
public
hearings.
So
we're
moving
on
to
item
C,
Redevelopment
agency
business
and
we're
going
to
item
C1.
The
approval
of
minutes
I
need
a
motion.
E
I
need
the
coffee
I've
been
wishing
for
hours
by
remember,
Petro
on
a
second
by
board
member
Dugan
in
the
discussion
on
this
item,
see
none
I'm,
gonna
call
the
question.
I'll
say:
I
hi
hi.
E
So
that's
a
six
to
Z
with
one
absent
now
we're
moving
to
C2
Depot
District,
storm
water
detention,
relocation
project
at
the
table.
We're
gonna,
have
Ashley
Ogden
senior
project
manager.
J
Everyone
yeah,
so
I
did
have
just
one
slide.
There
we
go.
Oh
man,
I
put
the
text
on
the
wrong
side,
but
yes,
this
is.
This
is
a
really
straightforward
item,
so
in
September
of
2020,
the
RDA
board
allocated
up
to
1.2
million
dollars
for
the
acquisition
of
property,
Andrew
location
of
an
underground
storm
water
detention
system
at
233,
South,
600
West,
which
is
shown
on
the
map
on
the
left.
J
This
property
was
really
important
for
the
RDA
to
acquire
because,
as
you
can
see,
it
includes
land
from
an
old
real
spur
that
bisected
two
other
RDA
Rd
RDA
owned
Parcels
to
the
North
and
South.
So
we
wanted
to
pick
that
up
to
to
combine
them
all
and
make
a
larger
parcel.
We
were
aware
from
the
start
that
the
parcel
included
a
large
underground
storm
water
detention
system
that
serves
private
properties
to
the
east.
J
So
we
knew
that
the
RDA
would
eventually
need
to
relocate
that
system
to
make
the
site
developable
in
May
2022
the
RDA
closed
on
the
property,
and
we
executed
a
development
agreement
that
commits
the
RDA
to
breaking
ground
on
that
storm
water,
relocation
project
by
November,
6,
2023
and
last
month
that
engineering
division
advertised
the
project
for
construction
bids
and
of
course
they
came
back
higher
than
anticipated.
J
So
we're
here
today
requesting
the
release
of
two
hundred
thousand
dollars
from
Depot
District
funds
that
are
already
set
aside
for
infrastructure
improvements
in
the
area,
and
that
would
allow
that
would
fill
the
funding
Gap
and
allow
engineering
to
accept
the
bid
and
execute
a
Construction
contract
for
this
work.
J
It
yeah
so
we
bid's
already
back.
We
just
needed
to
make
this
budget
request
to
fill
the
funding
Gap.
If
that
is
approved
today,
engineering
can
accept
that
bid
and
execute
the
contract
and
I
think
that
we
would
be
breaking
ground
as
soon
as
possible.
E
Not
an
attorney
so
straw
polling
to
to
support
this.
We
show
our
fillings
is
that
okay.
K
Right,
thank
you.
Mr,
chair
members
of
the
board.
We
appreciate
the
opportunity
to
be
here
today
and
speak
with
you.
This
item
is
for
the
consideration
of
a
resolution
approving
the
term
sheet
for
a
funding
agreement
with
the
Perpetual
housing
fund
of
Utah.
This
is
for
the
revenue
sharing
and
wealth
building
model
of
development.
The
initial
investment
utilizes
arpa
funds
for
the
acquisition
of
housing
units
within
the
initial
project
at
515,
East,
100,
South
use
the
board
have
an
updated
term
sheet
within
your
packet.
K
L
So
next
slide,
please
so
just
to
give
a
quick
recap,
so
the
phf
of
Utah.
Can
you
guys
hear
me?
Okay,
yeah.
L
Right
so
the
phf
of
Utah
is
a
non-profit
Housing
Organization,
with
the
mission
of
reimagining
Housing
Programs
to
share
profits
with
project
residents.
The
phf
will
develop
affordable
housing
units
to
serve
those
earning
between
25
to
125,
Ami
or
the
area
median
income
through
this
model,
75
of
the
project
of
the
profits
that
would
typically
typically
go
to
the
investors
of
the
development
would
instead
be
returned
to
the
residence
of
the
development
as
a
means
of
wealth
building.
L
So
through
this
profit
sharing
model,
the
residents
would
be
able
to
share
and
proceeds
in
the
following
ways:
through
an
annual
rent
rebate
from
a
Project's
cash
flow
at
a
time
of
refinancing
or
exit
of
a
partner,
funds
will
also
be
available
to
help
residents
access
a
portion
of
their
profits
early
for
an
emergency
or
a
major
life
event,
and
finally,
funds
received
could
also
be
applied
for
a
down
payment
to
purchase
a
home
through
their
partnership
with
the
Rocky
Mountain
Homes
fund.
Next
slide.
Please.
L
All
right,
so
the
RDA
will
support
this
wealth
building
initiative
by
infusing
10
million
dollars
in
the
American
Rescue
plan
act,
funds
for
the
acquisition
and
development
of
affordable
housing
at
515,
East,
100
South,
the
Adaptive
reuse
of
this
office.
Existing
office
building
will
include
at
least
60
housing
units
of
which
60
of
these.
These
units
will
be
affordable
to
those
earning
25
to
50
percent
of.
L
L
So
as
a
condition
of
the
10
million
budget
allocation,
the
board
must
review
an
approve,
a
final
term
sheet.
So
that's
within
your
packet
today.
Here
is
an
overview
of
the
proposed
terms.
The
party
involved
involved
or
the
Perpetual
housing
fund
of
Utah
LLC
and
the
RDA.
The
amount
again
is
10
million
dollars
in
American.
Rescue
plan
act
funds
and
there
will
be
a
50-year
deed
restriction
recorded
against
the
property,
ensuring
that
the
phf
will
develop
60
or
more
rent
restricted
units
between
25
to
50
am
I.
L
Funds
will
also
be
dispersed
in
one
lump
Sun,
some
to
be
paid
as
part
of
the
acquisition
of
units
subject
to
recording
a
restrictive
covenant
on
the
property
and
Associated
subdivision
plot
process.
In
terms
of
sustainability,
the
phf
will
work
to
comply
with
the
RDA
sustainable
development
policy,
but
may
be
waived
if
necessary.
L
Due
to
the
Adaptive
reuse
element
of
this
of
this
515
project,
the
RDA
is
to
receive
two
to
six
percent
return
paid
annually
every
year
and
as
part
of
this
agreement,
phf
will
commit
to
develop
1
000
additional
units
in
Salt,
Lake
City
that
will
be
affordable
to
to
those
earning
between
25
and
65
Ami
next
slide.
L
So,
since
the
last
meeting,
the
term
sheet
has
been
updated
just
slightly
to
include
additional
commitments
for
phf
that
will
commit
additional
five
hundred
thousand
dollars
to
fund
assets,
beneficial
to
the
greater
neighborhood
such
as
Retail
Services,
child
care
services
and
impact
focused
Office
Space,
and
with
that
we're
happy
to
answer
any
questions
and-
and
the
item
I
just
mentioned-
was
the
only
item
that
changed
from
the
term
sheet
from
last
last
month.
H
I
want
to
publicly
state
that
the
hype
about
Danny
Waltz
is
not
overdone
and
probably
needs
to
be
amped
up
a
lot,
because,
if
you've
tuned
into
any
of
the
previous
meetings,
you
know
that
I
have
had
intense
questions
about
this
and
I.
Don't
know
where
Danny
went,
but
I
want
to
publicly
thank
him
like
I,
don't
take
lightly.
What
we're
doing
here,
thank
you,
Chris
and
Ashley
for
wanting
to
step
into
this
and
do
this
for
the
first
time
for
our
city.
H
K
H
Let
me
address
you,
then,
instead
of
being
awkward
and
looking
at
everyone,
but
you
Danny.
Thank
you
for
taking
the
time
to
really
hear,
like
the
the
minutia
of
my
concerns
and
finding
answers
that
were
in
proportion
to
those
I
feel
really
excited
that
we
as
a
city
are
taking
this
step,
and
thank
you
for
giving
me
the
comfort,
knowing
that
we're
being
good
stewards
over
public
funds
and
investing
in
something
that
can
benefit
salt
Lakers
for
a
long
time.
Thank
you.
Thank
you.
I
Yes,
I
appreciate
the
whole
teamwork
on
this
whole
project
and
it
is
pretty
exciting
to
move
forward
on
this,
because
the
wealth
building
and
the
whole
idea
of
someone
being
able
to
generate
wealth
and
have
a
place-
that's
theirs,
is
very
exciting.
So
thank.
K
You
I
appreciate
that,
thank
you
and
thank
you
for
your
kind
words.
I
can't
take
all
of
that.
Tracy
has
done
the
bulk
of
the
lifting
of
this,
and
so
I
appreciate,
taking
the
time
to
talk
through
it
and
convey
that
information,
but
Tracy
and
Rachel
have
done
a
considerable
amount
of
work.
Bringing
this
before
you
so
I
want
to
make
sure
we
recognize
that,
along
with
Allison
parks
in
the
attorney's
office,
who
has
helped
us
through
and
continues
to
help
us.
So
thank
you.
E
You
have
built
an
incredible
team
there
and
I
mean
I
would
like
to
say
that
this
is
an
Incredible
use
of
these
funds
rescue.
You
know
the
American
Rescue
plan
funds
and
the
impact
they
could
this
could
have
in
the
city
is,
is
huge,
so
I'm
very
excited
to
see
this
work,
and
you
know-
and
sometimes
it
takes
us
a
second
to
wrap
around
our
heads
through
this,
and
this
is
not
a
simple
one.
E
I
think
you
know
it
took
a
second
for
me
to
understand
it
fully
and
I
appreciate
the
the
time
that
you
guys
took
to
answer
those
questions
and
making
us
understand
this
and
helping
us
understand,
and
so
thank
you.
It
seems
like
this
is
on
this
item.
Thank
you.
So
much.
I
E
F
E
E
I,
may
that's
what
the
that's,
what
C4
says:
the
reconciliation
for
the
loan
on
Bill
delay
or
1659
I.
Don't
know
how
you
say
that
are.
N
Is
this
okay,
so
this
the
build
thing
is
next.
Is
that
right
and
I
think
one
of
the
options
that
we
had
talked
to
the
City
attorney
is
the
possibility
of
going
into
a
closed
session.
My
microphones
on,
but
it
doesn't
seem
to
be
working.
Katie
is
that
does
that
work?
Okay,
so
that
means
that
we
would
need
to
have
yeah,
have
have
the
emotion,
close
the
meeting
and
then
ask
anyone
who's,
not
here,
specifically
on
a
on
the
legal
issue
to
vacate
the
room.
M
E
I
E
I
M
E
O
E
Although
that
is
unanimous,
so
we're
gonna
go
close.
The
meeting
right
now.
E
N
E
And
then
we're
gonna
come
back
to
so,
if
you
are
tuning
in
we're
going
to
take
a
little
break
to
discuss
this,
so
we're
closing
and
I
voted
to
Cluster.
Yes,
thank
you.
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
E
So
we
are
back
on
off
the
closed
session
now
and
we
are
going
back
to
item
six
C3.
But
let's
finish,
let's
finish:
we're
gonna,
C3,
okay,
we're
gonna
clarify
that.
Okay,
let's
go
to
item
C3,
we
need
some
sort
of
clarification.
Yes,.
I
Mr,
chair
I
need
to
clarify
my
motion
for
item
C
on
the
Perpetual
housing
fund
when
I
said
that
it
was
to
release
a
fund.
By
should
have
said
it
was
approved.
The
resolution
and
release
the
funds
so
I
want
to
first
I
need
to
make
a
motion
to
rescind
my
previous
motion
is
that
no
clarify
I
just
need
to
make
a
motion
to
clarify
my
previous
motion
and
approve
the
resolution
to
and
release
it
the
funds
for
the
Perpetual
housing
fund.
Okay,
second,.
E
Okay,
so
we
have
the
the
same.
Second,
we
need
to
vote
on
that.
Let's,
let's
go
for
the
vote
board
member
Young.
E
So
now
that
we
fixed
that
screw
up
from
or
remember
Dugan,
so
we're
going
to
go
to
item
C
six
on
the
property
acquisition
in
State
Street
project
area.
We
need
a
motion
on
that.
I
I
make
a
straw
poll
that
we
regarding
improve,
approve
the
negotiations
of
the
deal
and
the
State
Street
project
area.
As
discussed
at
the
previously.
H
E
E
D
E
In
right,
since
we're
jumping
around
today
see
item
C4,
the
tentative
reconsideration
of
resolution
amendment
to
terms
for
loan
to
Bill,
16,
59,
LLC
and
clarification
of
housing
development,
loan
programs.
E
E
N
F
E
So
I
have
a
emotion
on
the
table
in
a
second
I'm
going
to
call
the
question
born
member
Young.
M
B
E
Yes,
this
course
is
unanimous
six
with
one
absent
we
we
ended
jumping
around
on
the
agenda.
It
feels
like
so
we're
going
to
item
C7
report
and
announcements
from
the
executive
director.
E
There
is
not
a
C8
report,
an
announcement
from
the
RDA
stuff,
so
we're
cutting
out
that
also
this
C9
report
from
Cherry
by
share
by
share
there's
no
written
briefings
or
consent.
So
we
are
adjourned.
What
time
will
the
chair
of
the
Council
on
by
or
vice
chair,
decide
to
come
back.