Salt Lake County header
File #: 22-1073    Version: 1 Name:
Type: Discussion Items Status: Agenda Ready
File created: 10/27/2022 In control: Redevelopment Agency
On agenda: 11/1/2022 Final action: 11/1/2022
Title: Review of Request for Public Assistance and Guidance on Potential Developer Reimbursement Contract
Attachments: 1. Staff Report, 2. 20221021 NDC Magna Apartments TIF Analysis

Requested Agenda Date:

11/1/2022

 

Requested Agenda Title:

Title

Review of Request for Public Assistance and Guidance on Potential Developer Reimbursement Contract

 

Body

 

Requested Agenda Item Description: The Salt Lake County RDA has received a request for public assistance to support a multi-family residential development in the Magna Arbor Park CDA. RDA staff contracted with National Development Council to conduct a “but for” analysis on the request and also received a recommendation from the Magna Township Council on whether and how to provide public assistance. RDA staff are seeking guidance from the Board on whether and how to negotiate a developer reimbursement contract.

 

Requested Action: Discussion - Vote Needed

 

Presenter(s) (with titles): Jevon Gibb, Executive Director, Salt Lake County RDA; Eric Barney, Magna Councilmember 

 

Time Needed: Choose from List

 

Is this Item Time-Sensitive and/or Requesting a Time-Certain? No

 

Requesting Staff Member: Jevon Gibb

 

Are Supporting Documents Needed for this Agenda Item Request? Yes