Agenda Item Title:
Title
Recess of City Council meeting and convene a meeting of the Sandy City Redevelopment Agency
Body
Presenter:
Nick Duerksen
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Description/Background:
Resolution RD 21-07. A Resolution of the Redevelopment agency of Sandy City authorizing the execution of an Addendum to the Purchase and Sale Agreement with the KC Gardner Company, L.C., relating to certain vacant land located between Monroe Street and I-15, just South of Sego Lily Dr.
Resolution RD 21-08. A Resolution of the Redevelopment Agency of Sandy City authorizing the execution of an Addendum to the Tax Increment Participation Agreement with the KC Gardner Company L.C. relating to development within the Civic Center North Redevelopment Project Area.
Resolution RD 21-09. A Resolution of the Redevelopment Agency of Sandy City authorizing the execution of an Addendum to the Purchase and Sale Agreement with Raddon Summit, LLC relating to certain vacant land located at or near the intersections of Monroe Street, Mall Ring RD, and 10200 South and Centennial PKWY.
Resolution RD 21-10. A Resolution of the Redevelopment Agency of Sandy City authorizing the execution of an Addendum to the Tax Increment Participation Agreement with Raddon Summit, LLC relating to development within the Civic Center North Redevelopment Project Area.
Resolution RD 21-11. A Resolution of the Redevelopment Agency of Sandy City approving an Interlocal Cooperation Agreement with Sandy City, regarding State Infrastructure Bank Loan proceeds from the City to the Agency and a Corresponding Pledge of Certain Tax Increment Revenues from the Agency to the City.
These items were presented and discussed in the November 9th, 2021 Sandy City Redevelopment Agency Meeting
Recommended Action and/or Suggested Motion:
Recommendation
Motion to approve: Resolution RD 21-07. A Resolution of the Redevelopme...
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