Redevelopment Agency Special Meeting

MINUTES OF RDA SPECIAL MEETING – FEBRUARY 25, 2025 -1- THE WEST VALLEY CITY REDEVELOPMENT AGENCY MET IN ELECTRONIC REGULAR SESSION FOR THE SPECIAL MEETING ON TUESDAY, FEBRUARY 25, 2025, AT 6:56 P.M. THE MEETING WAS CALLED TO ORDER BY CHAIR CINDY WOOD. THE FOLLOWING MEMBERS WERE PRESENT: Cindy Wood, Chair Tom Huynh Scott Harmon William Whetstone Karen Lang Don Christensen Lars Nordfelt STAFF PRESENT: Ifo Pili, City Manager Nichole Camac, Secretary John Flores, Assistant City Manager Steve Pastorik, CED Director Eric Bunderson, City Attorney Colleen Jacobs, Police Chief John Evans, Fire Chief Jim Welch, Finance Director Jamie Young, Parks and Recreation Director Dan Johnson, Public Works Director Jonathan Springmeyer, ED Director Sam Johnson, Strategic Communications Director Paula Melgar, HR Director Travis Crosby, IT APPROVAL OF MINUTES OF SPECIAL MEETING HELD JANUARY 14, 2025 The Board considered Minutes of the Annual Meeting held January 14, 2025. There were no changes, corrections or deletions. Ms. Lang moved to approve the Minutes of the Annual Meeting held January 14, 2025. Mr. Huynh seconded the motion. A voice vote was taken and all members voted in favor of the motion. RESOLUTION 25-01: AUTHORIZE THE AGENCY TO ENTER INTO AMENDMENT NO. 2 TO THE AGREEMENT FOR DISPOSITION OF LAND  MINUTES OF RDA SPECIAL MEETING – FEBRUARY 25, 2025 -2- FOR PRIVATE DEVELOPMENT BY AND BETWEEN THE CITY, THE REDEVELOPMENT AGENCY OF WEST VALLEY CITY, AND WEST VALLEY LAND HOLDINGS, LLC Chair Cindy Wood presented proposed Resolution 25-01 that would authorize the Agency to Enter Into Amendment No. 2 to the Agreement for Disposition of Land for Private Development By and Between the City, the Redevelopment Agency of West Valley City, and West Valley Land Holdings, LLC. Written documentation previously provided to the City Council included information as follows: The property in question, described as Lot 2 of the WVLH Subdivision, is a portion of the existing parking lot and drive approach on the Fairbourne development. This property was always intended to be included in the development and to be owned by WVLH. Due to the bond requirements placed on the property, this parcel was required to be held back to maintain access to the WVC Police Station building until such time that additional access was created, and this property was released from the bond. Those requirements have been met, and we can now transfer this property as was always intended. WLVH, LLC is a Wasatch owned company, which owns the Fairbourne office tower and surrounding property. The original agreement includes the City, the Agency, and WLVH, LLC, therefore requires approval from both the City Council and the Redevelopment Agency Board. Upon inquiry by Chair Wood there were no further questions from members of the City Council, and she called for a motion. Mr. Huynh moved to approve Resolution 25-01. Ms. Lang seconded the motion. A roll call vote was taken: Mr. Whetstone Yes Mr. Harmon Yes Mr. Huynh Yes Mr. Christensen Yes Mr. Nordfelt Yes Chair Wood Yes Unanimous.  MINUTES OF RDA SPECIAL MEETING – FEBRUARY 25, 2025 -3- MOTION TO ADJOURN Upon motion by Mr. Huynh all voted in favor to adjourn. THERE BEING NO FURTHER BUSINESS OF THE WEST VALLEY REDEVELOPMENT AGENCY THE SPECIAL MEETING OF TUESDAY, FEBRUARY 25, 2025, WAS ADJOURNED AT 6:58 P.M. BY CHAIR WOOD. I hereby certify the foregoing to be a true, accurate and complete record of the proceedings of the Special Meeting of the West Valley City Redevelopment Agency held Tuesday, February 25, 2025. ______________________________ Nichole Camac Secretary