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06.14.2023 RDA meeting - Revision 3

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General Information

Government Type
Municipality
Entity
Orem
Public Body
Redevelopment Agency of the City of Orem

Notice Information

Notice Title
06.14.2023 RDA meeting
Notice Tags
Other
Notice Type(s)
Meeting
Event Start Date & Time
June 14, 2022 06:00 PM
Description/Agenda
The Redevelopment Agency (RDA) Meeting convened at 7:49 p.m. APPROVAL OF MINUTES AND ANNUAL REVIEW Minutes of the Redevelopment Agency Meeting - May 10, 2022 and Annual Review of the RDA Bylaws Tom Macdonald moved to approve all consent items. LaNae Millett seconded the motion. Those voting aye: David Spencer, LaNae Millett, Terry Peterson, Jeff Lambson, Tom Macdonald and Debby Lauret. The vote was unanimous, motion passed. SCHEDULED ITEMS PUBLIC HEARING - Adoption of RDA FY 2022-2023 Final Budget The Board of Directors received the RDA Tentative Budget for Fiscal Year 2022-2023 The purpose of this hearing is to receive input from the citizens, make any changes, approve, and adopt the budget for Fiscal Year 2022-2023. Mr. Nelson said there had been no changes to the budget since the tentative budget had been approved. He indicated that the RDA Revenues are decline each year as the CDA funds are ending. Mr. Nelson explained that the RDA is a separate legal entity. Once an agreed upon area is set, then the infrastructure is financed. An agreement is entered into where the property tax of the entity is increased and that money comes into the RDA and is held by the RDA to pay for infrastructure. 90% is returned back to the entity and 5% is retained in the RDA and 5% is held by the city for administrative purposes. Discussions were held about the RDA. Chair Young opened the public hearing at 8:01 pm. Hearing no comments Chair Young closed the public hearing
Notice of Special Accommodations (ADA)
THE PUBLIC IS INVITED TO PARTICIPATE IN ALL REDEVELOPMENT AGENCY MEETINGS. If you need a special accommodation to participate in the Redevelopment Agency meeting, please call the City Recorder €™s Office at least 3 working days prior to the meeting. (Voice 229-7074) (TDD # 229-7037)
Notice of Electronic or Telephone Participation
Electronic participation is available.

Meeting Information

Meeting Location
56 N State Street
OREM, UT 84057
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Notice Posting Details

Notice Posted On
May 10, 2023 12:26 PM
Notice Last Edited On
June 16, 2023 04:44 PM

Download Attachments

Download Attachments
File Name Category Date Added
6.14.2022 RDA approved minutes.pdf Meeting Minutes 2023/05/10 12:26 PM
Budget - FY 2024 - RDA - Adopted.pdf Public Information Handout 2023/06/15 01:25 PM
RDA-R-2023-0001.pdf Public Information Handout 2023/06/16 04:35 PM

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