General Information

Government Type

Municipality

Entity

Salt Lake City

Public Body

Community Reinvestment Agency (CRA)

Notice Information

Add Notice to Calendar

Notice Title

Salt Lake City Community Reinvestment Agency (CRA) Meeting Agenda

Notice Tags

Business

Notice Type(s)

Meeting

Event Start Date & Time

October 14, 2025 02:00 PM

Description/Agenda

Board of Directors of the SALT LAKE CITY COMMUNITY REINVESTMENT AGENCY AGENDA October 14, 2025 Tuesday 2:00 PM Council Work Room 451 South State Street, Room 326 Salt Lake City, UT 84111 CRA.SLC.GOV BOARD MEMBERS: Darin Mano, Chair Dan Dugan, Vice Chair Victoria Petro Alejandro Puy Chris Wharton Eva Lopez Chavez Sarah Young In accordance with State Statute and City Ordinance, the meeting may be held electronically. After 5:00 p.m., please enter the City & County Building through the main east entrance. This is a discussion among CRA Board Directors and select presenters. The public is welcome to listen, unless otherwise specified as a public comment period. Items scheduled may be moved and / or discussed during a different portion of the Meeting based on circumstance or availability of speakers. Item start times and durations are approximate and are subject to change at the Chair's discretion. A. Comments: 1. General Comments to the Board The CRA Board of Directors will receive public comments regarding Community Reinvestment Agency business in the following formats: 1. Written comments submitted to the CRA Board offices: 451 South State Street, Suite 304, P.O. Box 145476, Salt Lake City, UT. 84114-5476. 2. Comments to the CRA Board of Directors. (Comments are taken on any item not scheduled for a public hearing, as well as on any other CRA Business. Comments are limited to two minutes.) B. Public Hearing - individuals may speak to the Board once per public hearing topic for two minutes, however written comments are always accepted: 1. Resolution: CRA Budget Amendment No.1 for Fiscal Year 2025-26 The Board will accept public comment about a resolution that would amend the final budget of the Community Reinvestment Agency of Salt Lake City for Fiscal Year 2025-26. Budget amendments happen several times each year to reflect adjustments in the Community Reinvestment Agency's budget, including proposed project additions and modifications, and staffing changes. The amendment consolidates multiple funding sources into the proposed Disaster Relief Loan Program (DRLP) and the Commercial Development Loan Program, among other items. C. Community Reinvestment Agency Business - The CRA Board of Directors will receive information and/or hold discussions and/or take action on: 1. Approval of Minutes 2:05pm 5 min. The Board will approve the meeting minutes of June 3, 2025, and June 10, 2025. 2. Resolution: Disaster Relief Loan Program Follow-up 2:10pm 10 min. The Board will receive a follow-up briefing and consider approving a resolution that would adopt the Disaster Relief Loan Program Policy. The proposal would provide immediate financial assistance to targeted businesses and property owners who have suffered significant damage or destruction due to fire, flooding, earthquakes, or storms. 3. Resolution: CRA Budget Amendment No.1 for Fiscal Year Follow-up 2025-26 ~ 2:20 p.m. 5 min. The Board will receive a follow-up briefing and consider adopting a resolution that would amend the final budget of the Community Reinvestment Agency of Salt Lake City for Fiscal Year 2025-26. Budget amendments happen several times each year to reflect adjustments in the Community Reinvestment Agency's budget, including proposed project additions and modifications, and staffing changes. The amendment consolidates multiple funding sources into the proposed Disaster Relief Loan Program (DRLP) and the Commercial Development Loan Program, among other items. 4. Resolution: Modifications of Loan Terms for Book Cliffs Lodge Affordable Housing Construction 2:25 pm 20 min. The Board will receive a briefing and consider approving a proposal to modify three existing City loans for the Book Cliffs Lodge affordable housing project, at 1159 South West Temple. Working with the Housing Authority Management Enterprise (HAME) of Salt Lake City, the Community Reinvestment Agency (CRA) proposes to standardize and clarify the terms of these loans, since they were awarded through different City processes in 2018, 2023, and 2024. If the Board chooses to modify the loans, which total $4.74 million, all three would have 40-year terms at 2.5% interest and cash-flow repayments, and they would comply with the terms of the 2024 Housing Development Loan Program (HDLP). 5. Resolution: Partnership with NeighborWorks Salt Lake for Shared ~ 2:45pm 20 min. Equity Workforce Housing - Sustainability Waiver Request The Board will receive a briefing and consider adopting a resolution that would approve the proposed amended and restated term sheet for NeighborWorks Salt Lake for the Maltair Lanes development, at 1002 West 200 South, and the Stanbridge development at 319 North 800 West. In the resolution, the Board is asked to waive the threshold requirements for Enhanced Energy Performance (including participation in the City's Elevate Buildings Program) and for Emission-Free Building Operation to enable the use of natural gas for HVAC systems only. The $2.1 million in CRA Funds would be provided to NeighborWorks for acquisition reimbursement, hard construction costs, site improvements, and related soft costs to develop the projects. 6. Resolution: Salt Lake Central Housing and Transit Reinvestment Zone Interlocal Agreement 3:05pm 20 min. The Board will receive a briefing and consider adopting the proposed Salt Lake Central Housing and Transit Reinvestment Zone (HTRZ) Interlocal Agreement to authorize the sharing of tax increment between Salt Lake City and the Salt Lake City Community Reinvestment Agency. The State code requires the City and CRA to enter into an interlocal agreement to release funds to the project area. The HTRZ Plan outlines the participating taxing entities, tax increment participation rates, the term of tax increment collection, and the planned utilization of tax increment funds in the project area. 7. Informational: Tier 1 Pre-Disposition Report for Sugar House Properties 3:25pm 20 min. The Board will receive a briefing about plans for the disposition of the properties at 1085 East Simpson Drive and 2234 South Highland Drive, in the former Sugar House Project Area, to Salt Lake City to use as right-of-way for the extension of the S-Line. The disposition and redevelopment of the property is one of the last actions for the CRA to complete before dissolving the project area. The briefing includes the property's reuse plan, the method of disposition, and the suggested timeline of disposition, as well as other information relevant to the disposition of the property. 8. Resolution: CRA Budget Amendment No.2 for Fiscal Year 2025-26 ~ 3:45 p.m. 30 min. The Board will receive a briefing about a resolution that would amend the final budget of the Community Reinvestment Agency of Salt Lake City for Fiscal Year 2025-26. Budget amendments happen several times each year to reflect adjustments in the Community Reinvestment Agency's budget, including proposed project additions and modifications, and staffing changes. The amendment includes reallocating funding from the Depot District Infrastructure Improvements Program and Program Income Fund to the Depot District Infrastructure Property Acquisition Program, among other items. 9. Straw Poll: 9-Line Property Construction Related Supplies and Services 4:15pm 10 min The Board will receive a briefing on a request to straw poll the use of $600,000 from 9- Line Strategic Intervention Funds for construction-related supplies and services on a Community Reinvestment Agency-owned development site. 10. Straw Poll: 9-Line Project Area West Side Public Art Installation 4:25pm 10 min. The Board will receive a briefing on a request to straw poll the use of an additional $50,000 from the 9-Line Fund Arts and Culture Program appropriation. $400,000 has been previously allocated, bringing the project total to $450,000 to complete the iconic west side public art installation. 11. Report and Announcements from the Executive Director TENTATIVE 5 min. Report of the Executive Director, including a review of information items, announcements, and scheduling items. The Board of Directors may give feedback or policy input. 12. Report of the Chair and Vice Chair TENTATIVE 5 min . Report of the Chair and Vice Chair. 13. Report and Announcements from CRA Staff TENTATIVE 5 min. The Board may review Board information and announcements. The Board may give feedback on any item related to City business, including but not limited to: - Project Updates, and - Scheduling Items. D. Written Briefings - the following briefings are informational in nature and require no action of the Board. Additional information can be provided to the Board upon request: NONE. E. Consent - the following items are listed for consideration by the Board and can be discussed individually upon request. A motion to approve the consent agenda is approving all of the following items: 1. Set Date - Resolution: CRA Budget Amendment No.2 for Fiscal Year 2025-26 The Board will set the date of Tuesday, November 18, 2025 at 2 p.m. to accept public comment and consider approving a resolution that would amend the final budget of the Community Reinvestment Agency of Salt Lake City for Fiscal Year 2025-26. Budget amendments happen several times each year to reflect adjustments in the Community Reinvestment Agency's budget, including proposed project additions and modifications, and staffing changes. The amendment includes reallocating funding from the Depot District Infrastructure Improvements Program and Program Income Fund to the Depot District Infrastructure Property Acquisition Program, among other items. F. Tentative Closed Session The Board will consider a motion to enter into Closed Session. A closed meeting described under Section 52-4-205 may be held for specific purposes including, but not limited to: 1. discussion of the character, professional competence, or physical or mental health of an individual. 2. strategy sessions to discuss pending or reasonably imminent litigation. 3. strategy sessions to discuss the purchase, exchange, or lease of real property: (i) disclose the appraisal or estimated value of the property under consideration, or (ii) prevent the public body from completing the transaction on the best possible terms. 4. strategy sessions to discuss the sale of real property, including any form of a water right or water shares, if: (i) public discussion of the transaction would: (A) disclose the appraisal or estimated value of the property under consideration, or (B) prevent the public body from completing the transaction on the best possible terms. (ii) the public body previously gave public notice that the property would be offered for sale, and (iii) the terms of the sale are publicly disclosed before the public body approves the sale. 5. discussion regarding deployment of security personnel, devices, or systems, and 6. investigative proceedings regarding allegations of criminal misconduct. A closed meeting may also be held for attorney-client matters that are privileged pursuant to Utah Code § 78B-1-137, and for other lawful purposes that satisfy the pertinent requirements of the Utah Open and Public Meetings Act. G. Adjournment CERTIFICATE OF POSTING On or before 5:00 p.m. on Thursday, October 9, 2025, the undersigned, duly appointed City Recorder, does hereby certify that the above notice and agenda was (1) posted on the Utah Public Notice Website created under Utah Code Section 63F-1-701, and (2) a copy of the foregoing provided to The Salt Lake Tribune and/or the Deseret News and to a local media correspondent and any others who have indicated interest. KEITH REYNOLDS SALT LAKE CITY RECORDER Final action may be taken in relation to any topic listed on the agenda, including but not limited to adoption, rejection, amendment, addition of conditions and variations of options discussed. The City & County Building is an accessible facility. People with disabilities may make requests for reasonable accommodation, which may include alternate formats, interpreters, and other auxiliary aids and services. Please make requests at least two business days in advance. To make a request, please contact the City Council Office at council.comments@slc.gov, 801-535-7600, or relay service 711.

Notice of Special Accommodations (ADA)

People with disabilities may make requests for reasonable accommodation, which may include alternate formats, interpreters, and other auxiliary aids and services. Please make requests at least two business days in advance. To make a request, please contact the City Council Office at council.comments@slc.gov, 801-535-7600, or relay service 711.

Notice of Electronic or Telephone Participation

For more information, including electronic connection information, please visit www.slc.gov/council/agendas or call 801-535-7654.

Meeting Information

Meeting Location

451 South State Street, Room 326
Salt Lake City, UT 84111
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Contact Name

Robyn Stine

Contact Email

robyn.stine@slc.gov

Notice Posting Details

Notice Posted On

October 09, 2025 03:04 PM

Notice Last Edited On

October 09, 2025 03:44 PM

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