►
Description
To view the agenda for this meeting go to https://slc.primegov.com/public/portal
A
Agency
meeting,
we
begin
We
Begin
our
day
today
with
comments
with
some
some
introduction
here.
I
would
like
to
remind
everybody
that
written
comments
may
be
submitted
to
RDA
offices,
VIA
mail,
P.O
box,
145476,
Salt,
Lake,
City,
Utah,
84114
or
by
email
email
at
council.com,
or
you
can
also
call
our
phone
line
801-535-7654.
Thank
you.
Everybody!
A
Everybody
here
to
joining
this
meeting,
those
in
person
and
those
online
we
before
we
move
on
on
the
agenda,
I
want
to
mention
and
remind
everybody
of
our
rules
of
decorum,
which
are
in
place
to
ensure
our
meetings
move
along
well
and
help
everybody
feel
comfortable.
Sharing
their
comments.
A
copy
of
the
full
rules
of
the
Quorum
are
available
at
the
door
on
our
staff.
Will
post
the
link
in
the
WebEx
chat.
Scott
corpandy
korpani
from
our
staff
is
helping
to
moderate
the
meeting
online.
A
It
will
help
message
those
attendees
to
coordinate,
to
coordinate
any
questions
or
commenting
on
in
the
registration
staff
is
handling
a
number
of
tasks.
Please
limit
messages
to
technical
issues
and
minimal
changes
to
your
registration.
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
basic
based
on
the
order
of
registration
or
receive
of
when
we
receive
the
common
cards.
When
it
is
your
turn
to
speak.
Taylor
will
announce
your
name
for
people
in
WebEx.
A
She
will
unmute
your
line
and
you
may
begin
for
people
in
person
please
step
to
the
podium
and
you
you
might
wear
a
mask
if
you
wish,
but
if
you
remove
it,
it
will
make
it
easy
to
to
to
hear
you
once
you
begin.
Please
state
your
name
and
your
two
minute.
Timer
will
start
we.
We
will
now
open
our
general
comment
period.
Taylor.
Please
start
our
first
comment.
A
C
D
A
And
we
have
that's
six
to
with
one
absent
board
member
Warden,
we're
moving
to
item
C2
resolutions
amending
two
Utah
Performing
Arts
Center
into
local
agreements
at
the
table.
We're
going
to
have
maybe
Danny
Waltz,
maybe
not
Alison
Park
Senior
attorney
and
Lucas
Woodridge
RDA
project
coordinator,
foreign.
E
Thank
you.
Thank
you.
Mr
chair
as
part
of
the
joint
operations
of
the
George
S
and
Dolores
story.
Eccles
theater,
the
RDA
Salt
Lake
City
and
Salt
Lake
County
entered
into
two
separate
interlocal
agreements
in
2013.,
The,
First,
interlocal
Agreement,
creates
and
sets
forth
the
formation
and
obligations
of
the
interlocal
entity
called
the
Utah
Performing
Arts
Center
agency,
also
known
as
yupaca,
and
the
second
interlocal
agreement
entitled
the
Utah
Performing
Arts
Center
operating
agreement
details
the
terms
of
the
management
and
operation
of
the
Eccles
theater.
E
When
the
operating
agreement
and
the
interlocal
agreements
were
initially
executed,
the
parties
agreed
that
they
would
maintain
and
contribute
to
a
capital
reserve
account
due
to
cost
increases,
as
well
as
a
shared
desire
to
continue
maintaining
the
theater
at
a
first
class
manner.
The
parties
wish
to
increase
the
annual
contribution
to
the
capital
reserve
account
pursuant
to
section
8.8
of
the
operating
agreement
and
pursuant
to
section
15f
of
the
interlocal
agreement.
E
The
party's
desire
to
enter
into
the
Fourth
Amendment
of
the
operating
agreement
and
the
Second
Amendment
to
the
interlocal
agreement
to
increase
the
capital
reserve
account
limit
from
eight
hundred
fifty
thousand
dollars
to
one
million
dollars.
The
you
pack,
a
board
of
directors
and
Salt
Lake
County
Council
recently
voted
and
approved
the
amendments
to
both
in
our
local
agreements
and
in
accordance
with
the
terms
of
the
interlocal
agreements,
as
well
as
the
interlocal
cooperation
act.
The
RDA
board
of
directors
may
consider
approving
these
proposed
amendments
through
the
resolutions
you
have
before
you.
E
Unless
there
are
any
questions
from
the
materials
that
you
received
beforehand
and
my
brief
recap,
we
would
look
to
the
board
to
approve
the
resolutions
associated
with
both
amendments
and
just
a
note.
Similar
action
will
need
to
be
taken
by
Salt
Lake
City
Council
on
behalf
of
the
city
in
the
near
future.
C
Mr
chair,
yes,
so
logistically
and
I
think
we
kind
of
went
over
this
in
our
chair,
Vice,
chair
meeting,
but
I,
don't
know
that
we
determined
a
final
answer.
Do
we
as
a
board
approve
it
here
and
then
is
this
the
one
that
we
need
to
approve
in
a
formal
meeting
later,
as
the
council
is
that
right,
I
see
heads
shaking,
but
there
is
a
recording.
So
if
you
could,
please
use
your
voices,
we.
F
F
Yeah,
so
both
bodies
will
need
to
take
action
and
vote
so
today,
this
item's
before
you
to
consider
and
potentially
take
action
and
improve
the
resolutions
on
behalf
of
the
RDA
board
and
then
I
believe
we're
on
the
work
session
agenda
today.
For
you
all
to
consider
and
then
potentially
take
action
at
a
later
council
meeting,
because.
E
B
G
Yes,
this
would
be
the
annual
contribution
as
part
of
the
budget
for
upacca,
and
it
should
be
noted
that
this
is
one
of
the
carve
outs
in
the
waterfall
of
how
the
funds
flow.
This
is
one
of
those
initial
carve
outs,
so
ultimately,
it
does
impact
and
reduce
what
is
available
later
on
as
a
revenue
distribution,
but.
A
A
We
have
a
motion
by
board
member
Dugan
on
a
second
by
board
member
baldemoris.
I'm
gonna
call
the
question
board
member
Petro
board
member
Dugan,
yes,
board,
member
Mano,
yes
or
memorable
demoros.
Yes,
remember,
Fowler,
yes
and
I'm,
a
yes,
that's,
six,
two,
zero
and
absent
is
a
board
member
Wharton.
Thank.
C
A
A
Is
going
very
smooth
today,
so,
let's
move
on
to
so
it
will
that
wrap
up
item
C2,
correct
we're
gonna,
move
to
item
C3
resolution,
State
Street,
community
reinvestment
area
budget
amendment
on
on
the
table.
It
will
be
Lauren,
parisiardi,
RDA
senior
project
manager
on
McKenna,
Holly,
RDA
project
manager,.
H
H
So
again,
this
is
the
budget
amendment
for
the
State
Street
project
area,
here
kind
of
for
the
benefit
of
the
public.
We
have
an
image
of
the
project
area
and
notices
were
mailed
to
each
of
the
property
owners,
Within
These
boundaries
regarding
the
budget
amendment
and
that
a
public
hearing
is
tentatively
scheduled
for
next
month.
H
So
at
a
high
level,
the
major
changes
to
the
budget
include
a
reduced
collection
period
from
25
to
20
years,
and
this
was
at
the
request
of
the
participating
taxing
entities,
fewer
taxing
entity
participation,
so
we
have
three
instead
of
kind
of
the
longer
list
of
of
taxing
entities
and
then
finally
updated
tax,
increment
projections
that
reflect
denser
Transit
oriented
development
that
we
anticipate
to
see
in
this
area.
So
those
are
the
three
kind
of
key
changes
that
this
amendment
reflects
next
slide.
H
H
And
then
of
that
total
the
RDA
is
authorized
to
receive
up
to
approximately
95
million
and
if,
if
that
is
generated,
slide
actually
I
think
that's
it.
So
that's
really
all
I
have
for
you
and
that,
if
you
let
me
know
if
you
have
any
questions
and
we
ask
that
you
consider
schedule
the
public
scheduling
the
public
hearing
for
next
month.
A
H
Well,
it's
not
it
is
that,
but
it's
not
just
the
county,
because
we,
the
other,
there's
some
other
changes
that
were
made
to
the
budget
as
well
like
the
shorter
term
period,
the
projected
increment,
so
it
does
reflect
changes
that
were
made
by
the
county
and
then
the
more
holistic
changes
as
well.
Okay,.
A
C
Okay,
Mr
chair
I,
just
may
say
thank
you.
This
is
I.
I
know,
I
did
this
before,
but
every
time
this
comes
up,
I'm
going
to
do
this,
because
this
has
been
so
long
in
the
making
and
it
has
taken
hours
upon
hours
upon
I,
can't
even
imagine
how
many
hours
of
work
from
all
of
the
RDA
staff,
several
of
our
own
Council
staff,
Ben
and
Jen-
have
meetings
that
we
shouldn't
have
had
to
be
in,
but
were
in
doing
all
of
this
and
working
with
the
the
county
and
the
other
entities.
C
And
when
you
look
at
the
projections
and
think
like
140
million
dollars,
that's
pretty
amazing,
right
and-
and
you
know,
I
know
that's
a
projection
and
we
never
know
when
the
world's
going
to
shut
down
again
or
things
like
that.
But
it
I
am
so
grateful
for
the
work
that
RDA
does
and
when
we
create
these
project
areas
and
trying
to
literally
be
in
meetings
for
hours
and
explain
to
people
why
these
are
good
things
and
then
you
get
to
be
like,
because
what
we're
hoping
for
is
another
140
million
dollars
invested
into
this
community.
C
Like
it's
mind-blowing
to
me
and
again,
we
do
it
in
all
of
our
project
areas.
This
one
has
been
particularly
fun
in
air
quotes
and
I
just
truly
want
to
thank
all
of
the
RDA
staff
and
and
the
council
staff
that,
when
basically
wanted
to
bring
her
head
against
walls
a
lot
of
times
and
walk
me
off
the
ledge
many
many
times
in
those
meetings.
A
G
You
Mr
chair,
we
have
three
items
to
update
the
board
on
and
I
will
apologize
in
advance.
These
are
a
little
bit
lengthier
than
my
normal
updates,
but
we'll
get
through
it
and
get
comfortable.
The
first
is
regarding
update
on
the
htrz
application
for
project
area.
Hcrz,
as
you
know,
is
the
project
areas.
Housing,
Transit,
reinvestment,
Zone
update
that
RDA
staff
is
still
working
on
that
application.
G
We
are
looking
at
presenting
one
for
the
half
mile
radius
around
the
900
South
200
West
tracks
station,
we're
looking
to
submit
this
to
the
governor's
office
of
Economic
Opportunity
within
the
next
month.
You'll
recall
from
our
initial
briefing
that
staff
moved
forward
with
sending
out
a
survey
to
come
Property
Owners
within
the
area
to
determine
what
parcel
to
include
within
this
application.
From
that
survey,
we
received
information
about
40
acres
worth
of
development,
as
we
are
looking
to
fulfill
our
vision
of
a
development
and
neighbor
wide
neighborhood-wide
benefit
within
the
hcrz
project
area.
G
We're
also
looking
at
what
additional
Parcels
we
may
wish
to
include
that
we
maybe
not
have
heard
details
on,
but
we
anticipate
developing
over
the
life
of
the
project
area
and
increase
the
impact
of
the
the
overall
hcrz
area.
The
information
we
received
from
that
survey
included
proposals
that
range
everywhere
from
housing,
market
rate
and
affordable
office,
Life
Sciences,
Commercial,
Hotel
and
even
some
industrial.
G
So
we
are
looking
right
now
at
how
to
structure
this
project
area
and
the
use
of
the
funds
to
incorporate
neighborhood
revitalization
and
make
sure
that
it's
really
targeted
towards
transient
or
Transit
oriented
development
always
get
those
conflated
and
also
what
level
of
public
projects
we
can.
This
ranges
everything
from
the
grand
boulevards
to
the
green
Loop
to
Trax
extensions
to
our
own,
affordable
housing
and
sustainability,
public
benefits
and
then
also
just
the
level
of
neighborhood
infrastructure
that
we
can
support
within
the
budget.
G
So
right
now,
all
of
this
is
to
say:
We
are
continuing
to
work
on
developers
to
finalize
the
information
and
really
figure
out
how
we're
going
to
find
that
balance
between
within
the
budget
of
funding
their
projects
as
well
as
public
benefits,
so
that
we
hope
to
wrap
up
over
the
next
couple
weeks
and
submit
that
application.
So
if
anyone
would
like
additional
information
on
that,
please
don't
hesitate,
we're
happy
to
to
sit
down
and
talk
through
any
of
those
details.
If,
if
you'd
like.
G
G
Yeah
sorry
to
interrupt
you
there,
not
at
this
time,
based
on
the
information
we
receive
from
developers
and
the
projects
that
were
identified,
we
were
able
to
hit
a
lot
of
those
developments
just
in
and
around
this
track
station
and
didn't
necessarily
need
to
include
a
second
one
right
now,
it's
not
to
say
we
can't
Circle
back
on
that,
but
this
is
kind
of
the
first
one.
Initially
that
gets
us
most
of
our
priorities
and
the
properties
that
are
talking
to
us
and
are
interested
in
participating
right
now.
G
I
should
also
mention
going
back
to
the
Intermodal
Hub
you'll
recall
as
part
of
the
original
legislation.
There's
a
cap
on
doing
eight
of
these
htrz
project
areas,
County
Wide,
with
the
exception
of
anything
around
an
intermodal
Hub,
does
not
count
towards
that
cap
of
eight.
So
that's
another
reason
why
that
one
is
second
in
line
versus
this
one
and.
D
Would
this
the
900
South
200
West
one,
would
that
reach
all
the
way
or
maybe
the
internal
have
reach
all
the
way
to
fifth
South
and
fourth
West
area
and
the
reason
why
it's
because
we
just
the
the
groups
that
was
going
to
the
silos
to
you,
know
to
redo
the
silos
and
do
it
for
housing.
They
withdrew
the
application.
We
said:
okay,
we'll
take
the
money
back
during
last
meeting.
D
G
D
G
G
C
G
The
the
way
the
hcrz
legislation
is
written.
You
submit
your
application
to
the
governor's
office
of
Economic
Opportunity.
They
form
a
committee
which
does
include
some
of
the
taxing
entities,
but
that
approval
by
that
committee
then
automatically
includes
the
tax
increment
from
those
entities.
Okay,.
C
A
Think
that
would
be
very
useful.
I
mean
it's
been
months
since
last
time
we
talked
about
hdrcs,
I
I,
remember
they
were
very
interesting
at
the
moment
and
we're
trying
to
figure
out
how
to
do
them
and
I
knew
it
was
going
to
take
quite
a
bit
of
work
for
your
stuff.
So
I
would
like
to
know
after
you're
submitting
this
one.
A
C
G
G
G
G
This
is
probably
just
a
function
of
as
they
were
working
on
their
project
having
a
difference
there,
so
the
project
still
met
meets
all
of
the
thresholds
and
requirements
of
not
just
the
nofa,
but
our
own
housing
development
loan
program
guidelines,
but
we
wanted
to
make
you
aware
of
the
differences
and
just
put
those
on
the
record
within
the
board
packet.
The
information
indicated
that
all
of
the
units
would
be
at
60
percent
or
below.
G
However,
the
correct
information
in
the
pro
forma
should
have
shown
that
78
of
those
200
units
were
actually
going
to
be
at
70
to
80
percent
Ami.
It's
important
to
note
that
all
of
the
units
will
still
average
across
the
development
at
60
Ami
and
none
of
the
bedroom
mixes
for
the
project
changed
at
all.
This
was
simply
just
a
difference
in
how
they
were
indicating
their
Ami
levels
between
those
two
parts
of
the
information.
G
You
recall
the
finance
committee
ranked
this
as
project
six
out
of
ten
you
as
a
board
as
part
of
that
finance
committee
recommendation
approved
1.1
million
of
their
three
million
dollar
request,
and
so
we
have
sent
this
information
to
the
finance
committee
and
reached
out
to
all
of
those
members.
None
of
them
indicated
that
this
new
information
would
change
any
of
their
rankings
or
recommendations
to
you
as
a
board.
So
you
approve
those
recommendations.
G
We
really
just
wanted
to
present
this
information
in
the
nuance
in
just
that
discrepancy
in
what
they
had
between
those
two
sets
of
of
numbers
and
just
make
sure
that
if
you
have
any
questions
or
any
concerns,
we
could
address
those,
but
it
in
talking
to
the
attorneys
in
the
finance
committee.
This
would
not
have
changed
any
of
the
final
recommendations
or
rankings.
G
So
any
questions
on
that
that
I
can
answer.
That
was
a
lot.
I
know
I
apologize
and
again.
If
anyone
has
any
other
questions
and
would
like
more
information,
we're
happy
to
talk
through
that
and
then
finally,
number
three
real
short
groundbreaking
is
set
for
the
spark
project:
Tuesday
February
28th,
at
10
30
a.m.
We
are
excited
to
announce
that
we
have
reached
out
to
council
staff,
so
hopefully
that
is
showing
up
on
everyone's
calendars
and
so
we're
excited
to
see
that
project
kick
off.
G
A
A
I
have
a
motion
for
from
board
member
Petro
on
a
second
by
a
board
member
Dugan
I'm,
going
to
call
the
question
board
member
valdemoris.
Yes,
yes,
board!
Member
Dugan!
Yes,
remember
Peter!
Yes,
member
Mano!
Yes,
remember
Wharton,
yes,
board!
Member
father,
yes
and
I'm
a
yes,
that's!
Seven
to
zero!
On
that
consent,
agenda!
A
C
C
A
Promotion
by
board
member
Fowler
and
a
second
by
board
member
of
Emmanuel
I'm
gonna
call
the
question
board.
Member
Dugan.
Yes,
remember:
Petro,
yes,
board
member
Orton,
yes,
board,
member
Mano,
yes
or
member
of
Fowler,
yes
and
I'm
a
yes!
So
we
are
in
closed
session
right
now.
I
think
we're
gonna
we're
not
going
to
come
back
to
the
RDA.
That
will
be
the
end
of
the
RDA
meeting,
and
this
body
will
convene
again
as
the
work
session
for
the
city
council
a
little
later.