MINUTES
FROM THE
HOUSING TRUST FUND
BOARD MEETING (HTF)
Thursday, January 23, 2020
451 South State Street, Room 126
City & County Building
Salt Lake City, Utah
4:00 p.m.
1. Board Members Board Members Not Present
Amy Rowland Ali Oliver
Edward Makowski David Smoot
Matt Pauly (via phone) Sean Umipig
Paul Cherecwich
Robert Rendon
Todd Erskine (via phone)
Staff Present
Kimberly Chytraus, Attorney's Office
Lani Eggertsen-Goff, HAND
Jen Schumann, HAND
Tony Milner, HAND
Amanda Best, HAND
Kat Vuong, HAND
Danny Walz, RDA
Tammy Hunsaker, RDA
Lauren Parisi, RDA
Tracy Tran, RDA
2. Staff Updates
3. Approval of the minutes of the December 4, 2019 and January 9, 2020 meeting.
Mr. Cherecwich moved to approve the minutes of December 4, 2019 and January 9, 2020 as presented. Mr. Makowski seconded the motion. The motion carried unanimously
4. Business
A. Welcome
Ms. Rowland welcomed the Board.
1. Review HTF Loan Application, Diamond Rail
Ms. Hunsaker presented the application for Diamond Rail Apartments LLC which will be a multi-use, mixed income projected located at 535 West 300 North.
Mr. Cherecwhich asked about the Guarantees being paid if the Certificate of Occupancy was not achieved by the estimated date. There was further discussion on risks through stabilization. Ms. Hunsaker said it was a point of negotiation where they can ask the Developer if they could accept. Mr. Carroll said they were open to adjustments. There was further discussion on parking spaces and the site plans.
Mr. Cherecwich made a motion to approve the terms with the modification of the Guarantees going through stabilization. Mr. Makowski seconded the motion. The motion carried unanimously.
B. Other Business
5. Adjournment
There being no further business, the meeting was adjourned at 4:41 PM.
Notice of Special Accommodations (ADA)
People with disabilities may make requests for reasonable accommodation no later than 48 hours in advance in order to attend this public meeting. Accommodations may include alternate formats, interpreters, and other auxiliary aids. This is an accessible facility. Salt Lake City's TDD number is 535-6220. In order to access Salt Lake City's TDD line you must be calling from a TDD line. Please call Kalli Ruiz at 535-7777 for assistance.