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Private Activity Bond Authority Board Meeting

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General Information

Government Type
State Agency
Entity
Department of Workforce Services
Entity Website
https://jobs.utah.gov/
Public Body
Private Activity Bond Program (PAB)

Notice Information

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Notice Title
Private Activity Bond Authority Board Meeting
Notice Tags
Public Meetings
Notice Type(s)
Notice, Meeting
Event Start Date & Time
April 10, 2019 09:00 AM
Event End Date & Time
April 10, 2019 12:00 PM
Event Deadline Date & Time
04/10/19 01:00 AM
Description/Agenda
MEMORANDUM To: Private Activity Bond Authority Board Members From: John T. Crandall, Chairman Date: April 2, 2019 Subject: Meeting Announcement and Agenda for April 10, 2019 The next meeting of the Private Activity Bond Review Board will be held on Wednesday, April 10, 2019, at 9:00 a.m., at Housing & Community Development, 1385 South State Street, Room 157A, Salt Lake City, Utah. Agenda Page I. Welcome and Introductions II. Approval of Minutes (January 16, 2019) 4 III. Status of Accounts 7 IV. Volume Cap Extension Requests Extension Request a. Single Family Account First Single Family Housing Issuer - Utah Housing Corporation Original Allocation - $136,790,835 b. Multi-Family Housing Projects 1. Lincoln Tower First 14 95 Units - All Affordable Salt Lake City, Utah Developer - Wishcamper Developers Origina Allocation: $8,665,000 Requesting an additional $1,335,000 in volume cap Volume Cap Extension Requests (cont) 2. SPARK! First 17 127 Units - 99 Affordable; 28 Market Rate Salt Lake City, Utah Developer - Brinshore Development Original Allocation: $19,000,000 3. 255 State 4 First 18 117 Units - 76 Affordable; 41 Market Rate Salt Lake City, Utah Developer - Brinshore Development Original Allocation: $27,000,000 4. Broadway-Heritage Village Second 19 48 Units - All Affordable Tooele, Utah Developer - Broadway-Heritage Village, LLC Original Allocation - $4,500,000 5. Arcadia Phase II Second 22 177 Units - All Affordable Sandy, Utah Developer - Wasatch Residential Group Original Allocation - $21,500,000 Requesting an additional $1,000,000 in volume cap 6. The Exchange B Third 25 126 Units - 40 Affordable; 86 Market Rate Salt Lake City, Utah Developer - Downtown SLC Partners, LLC Original Allocation - $11,195,000 7. Jordan Bluffs Fourth 28 192 Units - All Affordable Midvale City, Utah Developer - Wasatch residential Group Original Allocation - $24,750,000 8. TriView Apartments Fourth 31 276 Units - All Affordable Draper City, Utah Developer - Triago Ventures, Inc. Original Allocation - $30,798,000 Volume Cap Extension Requests (cont) 9. MODA Union Fourth 34 206 Units - All Affordable Midvale City, Utah Developer - JF Capital Original Allocation - $21,900,000 Requesting an additional $2,000,000 in volume cap 10. Liberty Uptown Eighth 37 109 Units - 46 Affordable; 63 Market Rate Salt Lake City, Utah Developer - Cowboy Partners Original Allocation - $16,500,000 Requesting an additional $1,000,000 V. Volume Cap Allocation Requests Amount Requested Page 1. Red Rocks @ Sienna Hills $32,200,000 41 258 Units - All Affordable Washington City, Utah Developer - Triago Ventures, Inc. 2. MODA Glenwood $22,000,000 48 176 Units - All Affordable Milcreek, Utah Developer - JF Capital VI. Other Business and Adjournment A. PAB Rules B. Next Meeting - Wednesday, July 17, 2019, 9:00 a.m
Notice of Special Accommodations (ADA)
In compliance with the Americans with Disability Act (ADA), auxiliary aids and services are available upon request to individuals with disabilities by calling 1 (801) 526-9240. Individuals with speech and/or hearing impairments may call Relay Utah by dialing 711. Spanish Relay: 1 (888) 346-3162.
Notice of Electronic or Telephone Participation
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Meeting Information

Meeting Location
1385 South State Street
Salt Lake City, 84115
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Contact Name
Janell Quiroz
Contact Email
jquiroz@utah.gov

Notice Posting Details

Notice Posted On
April 05, 2019 08:51 AM
Notice Last Edited On
April 05, 2019 09:31 AM
Deadline Date
April 10, 2019 01:00 AM

Download Attachments

Download Attachments
File Name Category Date Added
PAB Meeting April 10, 2019.mp3 Audio Recording 2019/04/10 02:20 PM
PAB Draft Minutes - April 10, 2019.pdf Public Information Handout 2019/04/26 01:26 PM
PAB Board Meeting Agenda - April 2019.pdf Other 2019/04/08 03:49 PM


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