[00:00:01]
CAN START. OKAY. YEAH. THAT'S RIGHT. IT'S 620, RIGHT? YES. OKAY. YOU'RE GOOD. GOOD TO GO.
[CALL TO ORDER]
ALRIGHT. THANK YOU. DO THAT A LOT TONIGHT. CALL TO ORDER THE REDEVELOPMENT AGENCY MEETING FOR[a. RDA Resolution No. 250 adopting the Tentative Budget for the Redevelopment Agency ofWest Jordan City for Fiscal Year 2026 and setting May 27, 2025, as the date for a public hearingregarding the adoption of the final budget]
MAY 6TH, 2025. ALL BOARD MEMBERS ARE IN ATTENDANCE. WE WILL NOW GO TO BUSINESS ITEM A, RDA RESOLUTION NUMBER 250, ADOPTING THE TENTATIVE BUDGET FOR THE REDEVELOPMENT AGENCY OF WEST JORDAN CITY FOR FISCAL YEAR 2026 AND SETTING MAY 27TH, 2025, AS A DATE FOR A PUBLIC HEARING REGARDING THE ADOPTION OF THE FINAL BUDGET. THIS ONE IS DENISE. IT IS. THANK YOU. BOARD, WE ARE PRESENTING TO YOU RESOLUTION 250 TO ADOPT THE TENTATIVE BUDGET. TONIGHT. YOU HAD A SHORT PRESENTATION OF THE BUDGET ON APRIL 22ND, AND WE WENT OVER WHAT'S IN THE BUDGET.I HAVE ONE SMALL CHANGE THAT WE FOUND TODAY. IT IS IN THE ORACLE AREA. WE ACCIDENTALLY PUT IT AS AN AGREEMENT INSTEAD OF INFRASTRUCTURE, BUT THE AMOUNT DOESN'T CHANGE. SO EVERYTHING'S THE SAME AS FAR AS NUMBERS GO. BUT WE PUT IT ON THE WRONG CATEGORY, SO TO SPEAK. THIS RESOLUTION WILL ADOPT THE TENTATIVE BUDGET, SO IT WILL BECOME A STANDING BUDGET UNTIL YOU ADOPT THE ANNUAL BUDGET ON JULY 1ST. AND WE'RE ASKING YOU TO SET A PUBLIC HEARING DATE OF MAY 27TH, WHERE YOU'LL RECEIVE COMMENTS ON THE BUDGET AND THEN CONSIDER ADOPTING THAT SAME EVENING. THIS IS A REVIEW OF THE BUDGET. OVERALL, WE HAVE BUDGETED REVENUE OF $2.7 MILLION FROM TAX INCREMENT WITH, EXCUSE ME, WITH A TRANSFER IN OF $400,000 FROM THE GENERAL FUND FOR SALES TAX AND ENERGY TAX REBATES, AND THEN SOME STUDIES, ADMINISTRATIVE FEES THAT GO TO THE GENERAL FUND, SOME AGREEMENTS THAT HAVE BEEN IN PLACE FOR A LONG TIME.
IMPROVEMENTS OUR CITY OWNED INFRASTRUCTURE THAT THE RDA IS CONTRIBUTING TO THAT HELPS WITH ECONOMIC DEVELOPMENT AND THEN SOME STRATEGIC STRATEGIC LAND PURCHASES IN SEVERAL OF THE AREAS. IT WILL STILL, IT IS GOING TO DRAW DOWN RESERVES ABOUT 9.7 MILLION OR, I'M SORRY, $9.9 MILLION, BUT OUR RESERVES WILL END AT $10.4 MILLION AFTER. IF YOU ACCEPT THE BUDGET AS IT STANDS NOW, WE'LL HAVE A WORK. WE CAN HAVE A WORK SESSION IF YOU'D LIKE TO. THIS IS A PRETTY SIMPLE BUDGET, AND I BELIEVE THAT YOU'VE ALL BEEN BRIEFED ON THE STRATEGY THAT'S BEEN GOING FORWARD WITH THE LAND PURCHASES. AND WE'RE READY TO DISCUSS AND ADOPT THE TENTATIVE BUDGET.
THANK YOU, COUNCILMEMBER GREEN, I HAVE ONE QUESTION, AND YOU AND I NEED TO ASK PAUL FIRST, A QUESTION. SO THE OTHER DAY, YOU AND I WERE TALKING ABOUT SOME POTENTIAL AT THE GATEWAY OF 7800 SOUTH. DO WE NEED TO INCLUDE THAT ANY ANY EXPENDITURES IN THIS BUDGET OR IF THAT BECOMES FRUITION, DO WE JUST AMEND THE BUDGET AT THAT POINT? NO. YOU CAN AMEND THE BUDGET. WE DON'T HAVE DETAILS AS TO EVEN AN ESTIMATE. BUT I DID TALK TO ONE OF OUR EMPLOYEES IN THAT DEPARTMENT, AND HE FELT THAT'S DEFINITELY AN APPROPRIATE USE OF THOSE FUNDS. SO FOR THAT TYPE OF PROJECT, OKAY, IF THAT HELPS, AS LONG AS WE'RE GOING FORWARD WITH THAT, WE CAN AMEND THE BUDGET, THEN WE'LL BE OKAY. ALL RIGHT. ANY OTHER QUESTIONS OR COMMENTS FOR DENISE? THERE IS NO PUBLIC HEARING ON THIS. SO I WAS I WAS GOING TO MOVE TO APPROVE RESOLUTION NUMBER 250, ADOPTING THE TENTATIVE BUDGET AND SETTING FOR THE RDA FOR FISCAL YEAR 2026 AND SETTING MAY 27TH AS THE DATE OF THE PUBLIC HEARING. SECOND, WE HAVE A MOTION BY BOARD MEMBER GREEN AND A SECOND BY BOARD MEMBER. DISCUSSION OF THE MOTION. SEEING NONE. LET'S VOTE. BOARD MEMBER BADOR. YES. BOARD MEMBER. JACOB. YES. VICE CHAIR. WHITELOCK. YES. BOARD MEMBER. BLOOM. YES. CHAIR. LAMB. YES.
BOARD MEMBER. GREEN. YES. BOARD MEMBER. SHILTON. YES. THANK YOU, I SHALL. THE MOTION PASSES 7 TO
[CONSENT ITEMS]
0. THANK YOU. BOARD. THANK YOU. WE'LL NOW MOVE TO CONSENT ITEMS. MOVE TO APPROVE CONSENT. AND I'LL SECOND THAT. WE HAVE A MOTION BY BOARD MEMBER GREEN AND A SECOND BY CHAIR LAMB. ANY DISCUSSION? IF NOT THOSE IN FAVOR SAY I ANY OPPOSED SAY NO. LOOKS LIKE THAT PASSES 7 TO 0.SO AT THIS TIME I WILL ADJOURN OU
* This transcript was compiled from uncorrected Closed Captioning.