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COUNCIL: July 9 RDA and Council Meeting Recap

At Tuesday’s meeting:

  • the Redevelopment Agency (RDA) Board approved more than $11 million in loans for a development at 255 South State Street. The project will be a mixed-use, mixed-income housing development of 190 units varying in size and affordability, with approximately two-thirds of the units for people making 20 to 80 percent of the Area Median Income (AMI). The project will also feature a public walkway and rehabilitate the historic Cramer House. The project is expected to be completed by mid-2022.
  • the Board discussed proposed RDA Capital Projects and funding, which typically involve the construction, purchase or redevelopment of buildings, infrastructure or public spaces. The Board discussed funding for:
    • Project Area Art funding and selection, and a recommended policy that is expected later this year;
    • a Catalytic Project in the North Temple Project Area, with flexible funding to accommodate various potential proposals for the area; and
    • Gallivan Repairs, with partial funding for larger repairs and maintenance for the Gallivan Plaza’s grand staircase and other structural repairs.
    • The Board expects to hold a follow-up discussion and take action during the Tuesday, August 20th RDA Board meeting.
  • the Council discussed an interlocal agreement with the Utah Transit Authority that would fund changes and improvements to bus routes 2, 9, and 21. The agreement, funded by the Funding Our Future sales tax increase, includes driver wages and benefits, vehicles and maintenance, paratransit and customer service, among other items. The Council is expected to take action on Tuesday, July 16th.
  • the Council received an overview of the Mayor’s Recommended Capital Improvement Program (CIP) Book that includes proposed funding for capital projects. CIP projects involve the construction, purchase or renovation of buildings, parks, streets or other physical structures. Discussion included a bond to be paid off in the next calendar year that would make $5.5 million available each fiscal year for other capital projects. Discussions will continue in the coming weeks, with a public hearing scheduled for July 16, and adoption tentatively scheduled for Tuesday, August 20th in a Special Limited Formal meeting at 6 p.m.
  • the Council discussed and heard public comment on multiple rezones.
  • the Council confirmed the public hearing date of Tuesday, August 20th at 7 p.m. for a Truth in Taxation public hearing. This is the final step required by State law to formally complete the annual operating budget for Salt Lake City for Fiscal Year 2019-20.

Visit the Council’s agendas page for meeting documents and video.

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