[CALL TO ORDER]
[00:00:04]
RIGHT. I WILL CALL THE REDEVELOPMENT AGENCY OF WEST JORDAN TO ORDER THIS EVENING.
[a. Quarterly Update on Agency Projects]
WE HAVE A QUARTERLY REPORT BY OUR OWN MR. DOBBINS. MR. DOBBINS, GOOD EVENING. SO I'D LIKE TO GIVE YOU JUST AN UPDATE ON A COUPLE THINGS. WE'VE BEEN WORKING WITH A COUPLE DEVELOPERS ON THE CITY CENTER PROJECT. WE HAVE TWO OF THEM WHO HAVE SIGNIFICANT INTEREST IN WORKING WITH THE SCHOOL DISTRICT TO LOOK AT FINDING OPTIONS FOR THEM TO RELOCATE OR TO BE INTEGRATED INTO THE PROJECT ITSELF. WE'VE HAD SOME DISCUSSIONS WITH UTA AS WELL, AND WE'D LOVE TO HAVE THAT DISCUSSION. KEEP GOING. WE'RE ALSO LOOKING AT PROPERTIES WITHIN THE AREA THAT PERHAPS THE RDA COULD PURCHASE. YOU APPROVED A BUDGET THAT HAD LAND ACQUISITION IN SEVERAL OF THE RDA AREAS. WE STILL WANT TO LOOK AT THAT, AND WE DID EVEN TODAY. WE LOOKED AT SOME PROPERTIES ON REDWOOD ROAD THAT MIGHT BE A GOOD OPTION FOR THE RDA TO PURCHASE FOR HOUSING OPPORTUNITIES. AS WE START LOOKING AT EXPANDING THE CITY'S HOUSING STOCK, ESPECIALLY FOR AFFORDABLE HOUSING, ONE OF THE THINGS THAT WE WANTED TO DO TODAY WAS THAT WANTED TO DO WAS TO DISCUSS THE SOUTHWEST QUADRANT AND GIVE YOU JUST A QUICK UPDATE ON WHERE WE'RE AT. AS YOU KNOW, WE'VE TALKED ABOUT DOING THE INLAND PORT OR THE CRA, A TRADITIONAL CRA WITH USING THE TAXING ENTITIES. THE INLAND PORTS AND UNIQUE OPTION FOR US. AND THERE ARE POTENTIAL BENEFITS. THERE ARE SOME ISSUES THAT WE STILL NEED TO WORK THROUGH. WE WANT TO MAKE SURE THAT AS WE WORK WITH THE PORT, THROUGH THAT PROCESS, WE IDENTIFY HOW THE TAXING ENTITIES COULD BE HELD HARMLESS IN TERMS OF THE TAX INCREMENT.THERE'S SOME NUANCES IN THAT THAT WE'RE STILL TRYING TO TWEAK TO SEE HOW WE DO THAT.
AND ONE OF THE THINGS THAT WE NEED TO FINALIZE AND THE TIMING ON THIS IS SOMETHING THAT WE'RE TRYING TO DETERMINE THE BEST WAY. MOST OF THIS AREA IS IN THE SOUTHWEST QUADRANT REZONE THAT YOU GUYS ARE CURRENTLY IN ACTIVELY DISCUSSING WITH THE DEVELOPERS IN ORDER FOR US TO PUT TOGETHER A MAP AND A BUDGET AND A PLAN, WE NEED TO KNOW WHAT THE LAND USES ARE AND WHAT THE DEVELOPERS ARE COMMITTED TO DOING IN TERMS OF ACTUAL DEVELOPMENT. YOU KNOW, WE WANT TO MAKE SURE WE KNOW WHAT THOSE FUTURE TAXABLE VALUES ARE FOR, LIKE A WAREHOUSE. ONE OF THE THINGS THAT WE'VE TALKED ABOUT IS WE DON'T WANT TO INCLUDE RESIDENTIAL HOUSING IN THIS. WE DON'T WANT TO TAKE ANY OF THE TAX INCREMENT AWAY FROM THE CITY OR THE OTHER TAXING ENTITIES FOR, FOR HOUSING. SO WE HAVE TO FINALIZE THAT PLAN FIRST BEFORE WE CAN COME UP WITH THE FINAL MAP OF THIS AREA. THERE'S SOME DIFFERENCES BETWEEN WE'VE TALKED ABOUT THIS BEFORE, THE CITY, KIND OF THE TRADITIONAL CRA ROUTE, AS WELL AS GOING UP THE INLAND PORT.
YOU CAN GO FOR A LONGER TERM WITH THE PORT OPTION. YOU CAN TRIGGER BY PARCEL. SO YOU COULD YOU COULD TRIGGER ONE PARCEL YEAR ONE, AND YOU COULD WAIT FIVE YEARS AND TRIGGER IT. AND YOU CAN CAPTURE THE FULL INCREMENT ON BOTH OF THOSE. WE'RE ALSO LOOKING AT THIS ISSUE ABOUT THE BUSINESS PERSONAL PROPERTY TAX. WE THINK THERE'S A WAY THAT WE CAN CAPTURE ALL OF THAT WITHIN THE PORT OPTION. EVERY TIME THEY REFRESH THAT BEFORE, LIKE IF YOU'RE A DATA CENTER, I MEAN, THE VALUE IN THE DATA CENTERS ARE NOT IN THE BUILDING BUT IN WHAT'S INSIDE OF IT. SO IF WE CAN CAPTURE THAT, THEN WE CAN KEEP GOING. TRADITIONAL CRAS ARE 20 YEARS. THEY'RE LIMITED BY THAT MAXIMUM NUMBER. SO IF YOU DON'T TRIGGER A BUILDING FOR TEN YEARS, YOU CAN ONLY CAPTURE TEN YEARS OF TAX INCREMENT. NOW, ONE OF THE THINGS THAT'S BECOME AN ISSUE OR HAS ALWAYS BEEN AN ISSUE IS HOW WE APPROVE THIS. THE CITY COUNCIL CAN ADOPT A RESOLUTION ASKING US TO DO MORE DETAILED DISCUSSIONS. WE CAN DO IT WITHOUT THE RESOLUTION WE WANT TO GET WITH THE INLAND PORT, REALLY FINALIZE THESE ISSUES.
THE THE MAP, THE TAXABLE VALUES, THE WAY DO WE NEED INTERLOCAL AGREEMENTS WITH THE DIFFERENT TAXING ENTITIES SO THAT THEY CAN OBTAIN THEIR TAX INCREMENT THAT THEY OTHERWISE MAY HAVE RECEIVED. AND SO WE'RE WORKING THROUGH THOSE ISSUES. WE'RE WORKING WITH SOME LEGISLATIVE LEADERSHIP TO ANSWER THE QUESTIONS THAT THEY HAVE ABOUT IT. AND TO KEEP PURSUING THIS, WE WANT TO REALLY MAKE A SOLID DECISION IN THE NEXT MONTH OR SO THAT THE DISTRICT, THE SCHOOL DISTRICT AND THE COUNTY HAVE REALLY BEEN SUPPORTIVE OF THE TRADITIONAL CRA OPTION.
THEY HAVE SAID THEY WANT TO WORK WITH US, AND WE'VE TOLD THEM ABOUT THE INLAND PORT
[00:05:04]
OPTION. THE MAYOR AND I HAD A MEETING WITH MAYOR WILSON AND A MONTH AGO, IT SEEMS LIKE TO TALK ABOUT THIS. SO WE WANT TO MAKE SURE THAT WE'RE KEEPING EVERYONE IN THE LOOP ABOUT THE NEXT STEPS BEFORE ANY ACTION IS ACTUALLY TAKEN. SO THAT'S REALLY ALL THAT I HAVE FOR YOU TONIGHT. I'M HAPPY TO ANSWER ANY QUESTIONS YOU MIGHT HAVE. BOARD MEMBER JACOB. THANK YOU.JUST ONE QUICK QUESTION. YOU MENTIONED DATA CENTERS WITH THE TANGIBLE PERSONAL PROPERTY TAX.
I BELIEVE DATA CENTERS ARE EXEMPT FROM TANGIBLE PERSONAL PROPERTY. SO THAT'S ONE OF THE ISSUES THAT WE'VE BEEN WORKING OUT. WE WE BELIEVE THAT YOU CAN CAPTURE THAT, THAT THERE'S A WAY TO DO THAT. BUT THAT'S ONE OF THE QUESTIONS THAT WE HAVE TO ANSWER WITH THROUGH THROUGH THE PORT TO SEE HOW THEY CAN ACTUALLY DO THAT. AND WHAT DOES IT TAKE TO MAKE THAT HAPPEN? YEAH, THAT WAS A SPECIAL SESSION, BILL. BACK WHEN A CERTAIN OTHER DATA CENTER WAS LOOKING TO LOCATE IN WEST JORDAN. AND WE SUCCESSFULLY, FOR BETTER OR FOR WORSE, LOBBIED THE LEGISLATURE TO EXEMPT DATA CENTERS SO THAT WE COULD. GREAT QUESTION. WE DON'T HAVE A SUPER SOLID ANSWER YET. SO WE'VE BEEN TOLD THAT THERE'S A WAY TO DO IT. I JUST WANT TO MAKE SURE THAT WE UNDERSTAND IT BEFORE WE GO DOWN THAT PATH. RIGHT. AND IT'S NOT LIKE DATA CENTERS ARE WHAT WE'RE ACTUALLY TARGETING AS FAR AS WHAT WE WANT. IT'S NOT LIKE OUR OUR DREAM. YEAH, THAT'S, YOU KNOW, PART OF THE QUADRANT. BUT THAT GOES BACK TO WHAT DO WE WANT IN THE SOUTHWEST QUADRANT. THAT MIGHT BE PART OF IT. BUT REALLY WE WANT TO SEE A QUALITY OF LIFE. WE WANT JOBS. WE WANT, YOU KNOW, THINGS THAT WILL ACTUALLY MAKE WEST JORDAN A GREAT, YOU KNOW, GREAT PLACE. SO THANK YOU. MEMBER GREEN I NOT NOT COMMENT AS MUCH AS A A STATEMENT, BUT I REALLY LIKE THE IDEA OF WORKING. IT SEEMS TO ME, BASED ON WHAT YOU'VE PRESENTED, THAT THE INLAND PORT GIVES THE CITY A WHOLE LOT MORE FLEXIBILITY IN WHAT WE WANT TO DO, AND I LOVE THAT FLEXIBILITY. BUT EVER SINCE THE SOUTHWEST QUADRANT IDEA WAS PROPOSED, WE'VE ALWAYS TALKED ABOUT IT AS BEING THE HEART OF THAT, THAT THREE LEGGED STOOL WITH THE INLAND PORT AND SILICON SLOPES, AND THE FACT THAT IF WE CAN TIE INTO THAT, I THINK I THINK WE'D BE MISSING A BIG OPPORTUNITY IF WE DON'T DO THAT. SO I REALLY LIKE THE INLAND PORT AUTHORITY IDEA, AND WE'LL KEEP WORKING TO ANSWER THOSE QUESTIONS, TO MAKE SURE THAT THAT'S THE THAT'S AN OPTION THAT WE UNDERSTAND CLEARLY. AND I'LL REPORT BACK TO YOU WHEN I HAVE THOSE ANSWERS. MR. DOBBINS, ARE THERE THINGS THAT YOU NEED THE COUNCIL TO BE WORKING ON THEN? NOT AT THE MOMENT. I HOPE WITHIN PROBABLY BY THE FIRST MEETING IN OCTOBER, TO HAVE SOME CLEAR INFORMATION FOR YOU ABOUT THE ANSWERS TO THOSE QUESTIONS, AND THEN THE NEXT STEPS FOR BOTH OPTIONS. OKAY. I AM SURE WE WOULD WELCOME YOU AT A WORK MEETING IF YOU NEED TO COME. THANK YOU. ALL RIGHT. ARE THERE ANY OTHER QUESTIONS FROM MR. DOBBINS? IS THERE ANYTHING ELSE YOU WANT TO SHARE WITH US CURRENTLY? OKAY, THEN I WOULD LOOK FOR A MOTION TO MOVE TO
[CONSENT ITEMS]
RECESS THIS MEETING. WAIT, WAIT, WAIT, I HAVE A CONSENT ITEM. OKAY, I'LL MOVE TO APPROVE THE CONSENT ITEMS. I'M LOOKING AT THE AGENDA RIGHT THERE AND WENT BELOW IT. SORRY. YES. CONSENT.OKAY. AND I'LL SECOND. ALL IN FAVOR HEARING NONE OPPOSED. THAT PASSES NOW. COUNCIL MEMBER GREEN I'LL MOVE TO. OH, HANG ON, I NEED TO CLOSE THIS. ARE YOU CLOSING THAT? I NEED TO CLOSE THIS MEETING. RIGHT. NO. THE CLOSED. THE CLOSED MEETING IS PART OF THE DEVELOPMENT MEETING.
[CLOSED MEETING]
SO THEN WE GET TO. I'M GOING TO MOVE TO TEMPORARY. I'M GOING TO MOVE TO TEMPORARILY RECESS THIS MEETING TO CONVENE A CLOSED SESSION AS PROVIDED. BECAUSE WHO KNOWS WHAT'S GOING A CLOSED SESSION AS PROVIDED BY UTAH CODE 50 2-4205 SECOND. AND WE NEED A VOTE FOR THIS, PLEASE.CHAIR. WHITELOCK. YES. BOARD MEMBER. GREEN. YES. BOARD MEMBER. LAMB. YES. BOARD MEMBER.
BLOOM. YES. BOARD MEMBER. JACOB. YES. BOARD MEMBER. SHELTON. YES. VICE CHAIR. BADOR. OKAY. AND ARE YOU READY? YEAH. I'M SEEING NO FURTHER BUSINESS TYPE THING. OKAY. OUR RDA IS BACK. IT IS 913, AND I WILL LOOK FOR ONE FINAL MOTION.
* This transcript was compiled from uncorrected Closed Captioning.