Redevelopment Agency (RDA) Meeting

Board of Directors of the REDEVELOPMENT AGENCY OF SALT LAKE CITY AGENDA November 12, 2024 Tuesday 2:00 PM Council Work Room 451 South State Street, Room 326 Salt Lake City, UT 84111 SLCRDA.com BOARD MEMBERS: Alejandro Puy, Chair Darin Mano, Vice Chair Victoria Petro Chris Wharton Eva Lopez Chavez Dan Dugan 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 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. Item start times and durations are approximate and are subject to change at the Chair’s discretion. Generated: 12:29:31 A. Comments: 1. General Comments to the Board ~ 2:00 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 the RDA Board offices: 451 South State Street, Suite 304, P.O. Box 145476, Salt Lake City, UT. 84114-5476. 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 RDA 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: RDA Budget Amendment No.1 for Fiscal Year 2024-25 - - The Board will accept public comment for a resolution that would amend the final budget of the Redevelopment Agency of Salt Lake City for Fiscal Year 2024-25. Budget amendments happen several times each year to reflect adjustments in the Redevelopment Agency’s budget, including proposed project additions and modifications, and staffing changes. The amendment includes allocating additional funding to the State Street commercial revolving loans program for an expanded public commercial daycare facility as part of the Liberty Corner affordable multifamily development which has a separate briefing. C. Redevelopment Agency Business - The RDA Board of Directors will receive information and/or hold discussions and/or take action on: 1. Approval of Minutes ~ 2:05 p.m. 5 min. The Board will approve the meeting minutes of August 13, 2024. 2. Resolution: RDA Budget Amendment No.1 for Fiscal Year 2024- ~ 2:10 p.m. 25 5 min. The Board will consider adopting a resolution that would amend the final budget of the Redevelopment Agency of Salt Lake City for Fiscal Year 2024-25. Budget amendments  happen several times each year to reflect adjustments in the Redevelopment Agency’s budget, including proposed project additions and modifications, and staffing changes. The amendment includes allocating additional funding to the State Street commercial revolving loans program for an expanded public commercial daycare facility as part of the Liberty Corner affordable multifamily development which has a separate briefing. 3. Informational: 1410 West Indiana Avenue Tier 1 Pre-Disposition ~ 2:15 p.m. Property Report 15 min. The Board will receive a briefing about plans for the disposition of the property at approximately 1410 West Indiana Avenue in the 9-Line project area. The property will be developed as a retail or mixed-use project with a minimum of 8,000 square feet of retail space facing Indiana Avenue. A restrictive covenant requires any development on the property must include commercial use(s) on the ground floor of all principal buildings. The Westside Master Plan identifies the intersection as a neighborhood node suitable for ground-floor commercial and mixed-use developments of two or three stories tall. 4. Resolution: Sugar House S-Line Parcels Property Disposition to ~ 2:30 the Utah Transit Authority p.m. 15 min. The Board will receive a briefing and consider adopting a resolution authorizing a fully discounted conveyance of two Tier 2 properties at 2211 South 900 East and 1015 East Sugarmont Drive from the RDA to the Utah Transit Authority (UTA). Both of the properties are located within the expired Sugar House project area, adjacent to the S- Line streetcar, occupied by UTA equipment, and used exclusively in the UTA’s operation of the S-Line. 5. Resolution: Rio Grande District Vision and Implementation Plan ~ 2:45 p.m. Follow-up 20 min. The Board will receive a follow-up briefing and consider a resolution adopting the Rio Grande District Vision & Implementation Plan. The two-block area is located in the Depot District Project Area between 500 to 600 West and 200 to 400 South. The RDA owns approximately eleven acres in the Rio Grande District and an additional four acres near 600 West and 100 South. The Rio Grande District is envisioned to have new and reconstructed streets, public open spaces, upgraded utilities to allow for taller building heights, a shared parking structure, and a mix of land uses supporting transit-oriented development. 6. Informational: Rio Grande District Tier 1 Pre-Disposition Report ~ 3:05 for Properties at Approximately 580 West 300 South and 346 South p.m. 500 West 20 min. The Board will receive a briefing about plans for the disposition of the property at approximately 580 West 300 South in the Depot District project area. The RDA will file a plat to consolidate the multiple parcels and subdivide the land into two development blocks that are bisected/surrounded by new right-of-ways in accordance with the draft Rio Grande District Vision & Implementation Plan. Block D is proposed to be 1.65 acres with multifamily above-neighborhood ground floor uses. Block E would be 1.03 acres  with a variety of commercial uses. A third property at approximately 346 South 500 West, identified as Block C, would be 1.25 acres with an adaptive reuse of an existing warehouse and new mixed-use development. The properties are currently zoned G-MU (Gateway-Mixed Use). The RDA is preparing a petition to rezone both properties to D4 (Downtown Secondary Business District) that would allow taller building heights. 7. 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. 8. 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: • Project Updates; • Staffing Updates; and • Scheduling Items. 9. Report of the Chair and Vice Chair TENTATIVE 5 min. Report of the Chair and Vice Chair. 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. Informational: Redevelopment Agency Semi-Annual Written Briefing Property Report - The Board will receive a written briefing of all Tier 1 and Tier 2 properties owned by the RDA, as per the Land Disposition Policy. The November 2024 report includes the description, address, parcel ID, size, zoning, and tier category of each property. In addition, the report details approximate acquisition date, current category of disposition, interim use and proposed permanent use for each property. 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. 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: discussion of the character, professional competence, or physical or mental health of 1. 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 prevent the public body from completing the transaction on the best possible (ii) terms; strategy sessions to discuss the sale of real property, including any form of a water 4. right or water shares, if: (i) public discussion of the transaction would: disclose the appraisal or estimated value of the property under (A) consideration; or prevent the public body from completing the transaction on the best possible (B) terms; the public body previously gave public notice that the property would be offered (ii) for sale; and< the terms of the sale are publicly disclosed before the public body approves the (iii) 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 1:00 p.m. on Friday, November 8, 2024, 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. CINDY LOU TRISHMAN 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.