General Information

Government Type

Municipality

Entity

Salt Lake City

Public Body

Redevelopment Agency

Notice Information

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Notice Title

REDEVELOPMENT AGENCY MEETING AGENDA

Notice Tags

Business

Notice Type(s)

Meeting

Event Start Date & Time

September 11, 2018 03:30 PM

Description/Agenda

Board of Directors of the REDEVELOPMENT AGENCY OF SALT LAKE CITY AGENDA September 11, 2018 Tuesday 3:30 PM Council Work Room 451 South State Street Room 326 Salt Lake City, UT 84111 SLCRDA.com In accordance with State Statute, City Ordinance and Salt Lake City Council Policy, one or more RDA Board Members may be connected via speakerphone. After 5:00 p.m., please enter the City & County Building through the main east entrance. This is a discussion among RDA 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. Generated: 9/6/2018 3:47:50 PM A. Comments: 1. General Comments to the Board ~4:15 p.m. 5 min The RDA Board of Directors will receive public comments regarding Redevelopment Agency business in the following formats: 1. Written comments submitted to RDA offices, 451 South State Suite 418, Salt Lake City, UT no later than two hours prior to the meeting start time on the day of the meeting. 2. Comments to the RDA Board of Directors. (Comments are taken on any item not scheduled for a public hearing, as well as on any other City Business. Comments are limited to two minutes.) B. Public Hearings - Individuals may speak to the Board once per public hearing topic for two minutes, however written comments are always accepted: NONE. C. Redevelopment Agency Business - The RDA Board of Directors will receive information and/or hold discussions and/or take action on: 1. Utah Theater Redevelopment Update ~4:20 p.m. 30 min. The Board will be briefed about the potential redevelopment of the Utah Theater, located at 144 South Main Street, and adjacent retail property. 2. Block 67 Community Reinvestment Area Adoption Timeline ~4:50 p.m. 30 min. The Board will be briefed about the timeline for a potential Community Reinvestment Area (CRA) Plan adoption for Block 67, a City block bounded by 100 South, 200 South, 200 West and 300 West, located just west of the Salt Palace Convention Center. The large-scale mixed-use project would ultimately include residential, commercial (retail, dining and hotels), and office space, as well as a large parking structure. The main components of the timeline include a stakeholder facilitation process, a financial benefit analysis, a public comment period, and potential CRA Plan adoption by the RDA Board and City Council, respectively. 3. Pricing Terms for Property Located at 550 North 300 West ~5:20 p.m. 10 min. The Board will be briefed about, and consider approving, a land write-down of the sale pricing terms for an RDA-owned property located at 550 North 300 West. The sales price would be reduced in an amount equal to the cost of construction in exchange for ClearWater Homes constructing a portion of a storm water detention system for the Marmalade Block. 4. 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. 5. Report and Announcements from RDA 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 scheduling items. 6. Report of the Chair and Vice Chair TENTATIVE 5 min. The Chair may review the minutes of a previous Board meeting. 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: 1. Loan Portfolio Report - As of June 30, 2018 The Board will receive a semiannual written report about the current status of the RDA's loan portfolio, which identifies: - New loans closed between December 31, 2017 and June 30, 2018; - Outstanding principal for each loan fund; - Any delinquencies; and - The remaining amount available to lend in the existing portfolio. 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: NONE. F. 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. CERTIFICATE OF POSTING On or before 5:00 p.m. on Thursday, September 06, 2018 , 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. CINDI L. MANSELL, MMC/CRM 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@slcgov.com, 801-535-7600, or relay service 711.

Notice of Special Accommodations (ADA)

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 RDA offices at 535-7240, or relay 711.

Notice of Electronic or Telephone Participation

In accordance with State Statute, City Ordinance and Council Policy, one or more Members may be connected via speakerphone.

Meeting Information

Meeting Location

451 SOUTH STATE STREET, ROOM 326
SALT LAKE CITY, 84111
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Contact Name

Cindy Lou Trishman

Contact Email

cindy.trishman@slc.gov

Contact Phone

(801)535-6223

Notice Posting Details

Notice Posted On

September 06, 2018 04:42 PM

Notice Last Edited On

September 06, 2018 04:42 PM

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