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File #: 23-118    Version: 1 Name:
Type: Resolution Status: Agenda Ready
File created: 3/16/2023 In control: City Council
On agenda: 3/21/2023 Final action:
Title: Recess City Council and convene a meeting of the Sandy City Redevelopment Agency
Attachments: 1. Signed_RDA_Resolution_23-02_RE_E, 2. Signed_RDA_Resolution_23-03_-1, 3. Click here to eComment on this item, 4. 03-21-23 RDA Agenda, 5. Staff Memo - Land Swap[3], 6. Resolution 23-02 RE Exchange Agreement, 7. Gardner SIB Loan Agreement Staff Report, 8. RDA Resolution Approving SIB Loan Gardner 2[2], 9. Minutes 2_21_23
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Agenda Item Title:

Title

Recess City Council and convene a meeting of the Sandy City Redevelopment Agency

 

Body

Presenter:

Kasey Dunlavy and Ryan Kump

 

Body

Description/Background:

See attached Staff reports for detailed background and information.

 

Recommended Action and/or Suggested Motion:

Recommendation

1. Motion to recess the City Council meeting and to convene a Redevelopment Agency Meeting

 

2. Motion to approve Resolution RD 23-02. A Resolution of the Redevelopment Agency of Sandy City approving a Real Estate Purchase Exchange Agreement with Sandy City.

 

3. Motion to approve Resolution RD 23-03. A Resolution of the Redevelopment Agency of Sandy City approving an SIB Loan Agreement, and associated Security Instrument and Loan Guaranty, with Riverdale Center Owner, L.C. to help fund a parking structure and related transportation improvements for the development project in the Civic Center North Redevelopment Project Area on certain vacant land located between Monroe Street and I-15, just South of Sego Lily Dr.

 

4. Motion to approve minutes from February 21, 2023.

 

5. Motion to adjourn Redevelopment Agency meeting and reconvene as the Sandy City Council