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