ARE YOU ARE WE READY FOR THE NEXT MEETING? YES. OKAY. I WILL CALL TO ORDER THE REDEVELOPMENT 
          [CALL TO ORDER]
          [00:00:08]
AGENCY BOARD MEETING TAKING PLACE ON MAY 5TH, 2026 AT 7:28 P.M. WE HAVE PRESENT OUR BOARD MEMBERS IN THIS ONE AS WELL. OKAY. BOARD MEMBER. LAMB, BOARD MEMBER. JACOB, BOARD MEMBER. 
          SHELTON. BOARD MEMBER. HARRIS. WE HAVE CHAIR BADOR ONLINE AND BOARD MEMBER WHITELOCK IS EXCUSED. OUR FIRST ITEM IS TO ACCEPT THE PROPOSED BUDGET FOR THE REDEVELOPMENT AGENCY FOR 
          [a.
 Accept the Proposed Budget for the Redevelopment Agency for Fiscal Year Ending June 30, 2027]
FISCAL YEAR ENDING JUNE 30TH, 2027. AND WE HAVE. BECKY CONDIE BUSINESS ANALYST PRESENT AGAIN, THANK YOU FOR THE REDEVELOPMENT AGENCY. I JUST WANT TO HIGHLIGHT THE THINGS THAT ARE INCLUDED IN THE PROPOSED BUDGET. IF THERE ARE QUESTIONS OR THINGS THAT YOU WANT TO DISCUSS, WE COULD CERTAINLY ADDRESS THOSE THROUGH EITHER STAFF THAT'S HERE OR A WORK SESSION LATER ON. IF YOU CHOOSE TO SCHEDULE SOMETHING LIKE THAT, BUT INCLUDED IN THE PROPOSED BUDGET ARE VARIOUS AGREEMENTS, INCENTIVE AGREEMENTS AND PARTICIPATION AGREEMENTS. THESE ARE SIMILAR TO WHAT HAS BEEN DONE IN THE PAST SEVERAL YEARS IN EDA. NUMBER FOUR, THERE'S AN INVESTMENT INCENTIVE RELATED TO THE PAPAL FOR ABOUT $403,000, AND THERE'S ONE AN ENERGY TAX REBATE ASSOCIATED WITH ALIGNED ENERGY, $425,000, CDA NUMBER ONE, WHICH IS THE JORDAN VALLEY STATION AREA. THAT'S A PARTICIPATION AGREEMENT. AND THAT'S IN THAT STATION AREA. 
          THE CRA OR THE COMMUNITY REDEVELOPMENT AGENCY. NUMBER ONE IS AN INCENTIVE RELATED TO THE SPORTSMAN'S WAREHOUSE. THAT'S A SALES TAX REBATE IN WHICH THE THE CITY REBATES A CERTAIN AMOUNT OF $50,000 TO THAT TO THAT REDEVELOPMENT AGENCY IN THAT REDEVELOPMENT AGENCY, THE IMPROVEMENTS OR THE INFRASTRUCTURE AMOUNTS THAT ARE PROPOSED. WE HAVE THE CONTINUED PROJECT OF THE 70TH SOUTH BEAUTIFICATION. WE'RE PROPOSING TO CONTINUE THAT BUDGET OVER INTO THE NEXT FISCAL YEAR AT $1.48 MILLION, AND THAT'S FOR THE RETAINING WALL AND THE LANDSCAPING, THE IRRIGATION SYSTEM AND CITY SIGNAGE IN THAT AREA. AND THERE'S ALSO ANOTHER 1.5 MILLION FOR TARGETED PROPERTY PURCHASES IN THAT THAT RTA ONE, WHICH WE CALL THE TOWN CENTER OR THE A IN OUR DAY. NUMBER TWO, THERE'S ALSO $1 MILLION BUDGETED FOR THE TARGETED PROPERTY PURCHASES, AND THEN A $75,000 FOR THE ENTRY WAY CITY SIGNAGE, WHICH AGAIN, IS CARRYING OVER FROM OUR CURRENT BUDGET YEAR. 3 MILLION OF PROPERTY ACQUISITION IN RTA NUMBER FOUR, AND A 1.5 MILLION IN RTA NUMBER FIVE. AND THEN IN THE ORACLE DATA CENTER. 
          EDA NUMBER THREE IS INFRASTRUCTURE TO SUPPORT DEVELOPMENT EXPANSION IN THAT AREA. BUT $1.5 MILLION, ALL OF THESE BUDGETS, I SHOULD MENTION ARE INCLUDED IN YOUR BINDERS THAT WERE GIVEN TONIGHT. SO THESE WILL BE AT THE VERY BACK SECTIONS OF YOUR OF YOUR DOCUMENTS. THIS SHOWS THE ENDING RESERVE BALANCES FOR EACH OF THOSE AS A TOTAL. 
          OVERALL, IT'S ABOUT $12 MILLION THAT WE HAVE SITTING IN THE RTA FUNDS. THE FUND BALANCES WHEN THEY'RE ALL COMBINED. I KNOW WE HAVE OUR FAIRLY NEW ALMOST VETERAN ECONOMIC DEVELOPMENT DIRECTOR WHO'S EXCITED TO WORK WITH THE CITY AND HOPEFULLY BE ABLE TO WORK TOGETHER WITH YOU AS A BOARD TO GET YOUR DIRECTION AND MAKE SOME PROGRESS IN OUR CITY. REGARDING ECONOMIC DEVELOPMENT AND SPECIFICALLY WITH THE REDEVELOPMENT AGENCY. BUT ARE THERE ANY QUESTIONS, EITHER FOR ME OR OTHER STAFF HERE TONIGHT? IF NOT, I'LL HAVE YOU ACCEPT THE BUDGET AND THEN OR LIKE I SAID, WE'RE WE'RE HAPPY TO ANSWER QUESTIONS THROUGHOUT THIS PROCESS. WE WILL HAVE AN OPPORTUNITY FOR A PUBLIC HEARING, LET THE PUBLIC COME AND MAKE COMMENT. THAT IS SCHEDULED FOR MAY 26TH BEFORE WE ADOPT AN ANNUAL BUDGET IN JUNE. THANK YOU, MISS CONDIE. WITH THAT, I'D LIKE I EXCUSE ME, I'D LIKE TO MAKE A MOTION OR CAN I HAVE A MOTION? I MOVE TO APPROVE TO ACCEPT THE PROPOSED BUDGET FOR THE REDEVELOPMENT 
          [00:05:05]
AGENCY FOR FISCAL YEAR ENDING JUNE 30TH, 2027. I'LL. SECOND. IF THERE IS NO MORE DISCUSSION TO THE MOTION. MISS QUICK, CAN WE HAVE A VOTE, PLEASE? BOARD MEMBER SHELTON. YES. BOARD MEMBER. HARRIS. YES. BOARD MEMBER. LAMB. YES. BOARD MEMBER. ACTING CHAIR. WAGNER. YES. 
          CHAIR. BRADOR. YES. BOARD MEMBER. JACOB. YES. THANK YOU. I SHOW THE MOTION PASSES 6 TO 0. 
          [b.
 Quarterly Update to the Board and Initial 60-day Analysis from New Director  ]
THANK YOU. OUR NEXT ITEM IS THE QUARTERLY UPDATE TO THE BOARD AND INITIAL 60 DAY ANNUAL ANALYSIS FROM OUR NEW DIRECTOR, MR. JIM GROVER. THANK YOU, MADAM CHAIR. PRO TEM, MEMBERS OF THE BOARD, PLEASURE TO BE HERE WITH YOU. YES. CAN YOU BELIEVE IT'S BEEN 60 DAYS? WE'VE HAD A VERY WONDERFUL 60 DAYS HERE, AS I THINK OF LIKE THREE HIGHLIGHTS IN THE LAST 60 DAYS IS VERY EXCITING. MEDICAL DEVICE COMPANY THAT WAS ANNOUNCED THEIR EXPANSION ROUTE 92, JUST ABOUT A MILE AND A HALF SOUTH EAST FROM HERE. WE ALSO HEARD FROM A COMPANY THAT RECEIVED AN INCENTIVE THROUGH THE GOVERNOR'S OFFICE OF ECONOMIC OPPORTUNITY GEMCO MEDICAL, WHICH IS IN THE CLOSE TO THE SOUTHWEST QUADRANT. ADDITIONALLY, WE HAD A REALLY EXCELLENT OPPORTUNITY TO RESPOND TO AN RFI LAST WEEK FOR AEROSPACE COMPANY. SO IT'S BEEN A VERY EXCITING 60 DAYS. I'VE GOT A COUPLE OF THINGS THAT I'D LOVE TO VISIT WITH YOU TODAY ABOUT. JUST KIND OF WANTED TO GIVE YOU SOME INITIAL THOUGHTS AND DIRECTIONS THAT, THAT I'M WANTING TO, TO TEE UP. AND SO WE CAN TALK ABOUT IN A FUTURE MEETING. IF I WERE TO HAVE THREE FAVORITE AREAS, MOSTLY BECAUSE WE'RE SEEING A LOT OF ACTION EITHER BECAUSE OF, OF YOUR INTEREST OR WE'RE SEEING A LOT OF PARTNERSHIPS AND DEVELOPMENT OR TELEPHONE CALLS JUST INTERESTED IN TO SEE LOCATIONS. IT WOULD BE THESE THREE, THE CITY, CITY CENTER. 
          RTA NUMBER SIX, SOUTHWEST QUADRANT, WHICH HAS BEEN A MAJOR CONVERSATION IN THE LAST COUPLE OF MONTHS, AND COPPER HILLS MARKETPLACE CDA NUMBER TWO, I'D ALSO LIKE TO DO A QUICK ANALYSIS OF WHAT I SEE. RDAS. AND ALSO WE'LL TOUCH ON THOSE FUTURE DISCUSSION TOPICS. 
          IF WE WANTED TO CARRY IN AN INTERIM MEETING, WHICH I THINK WE WILL BEFORE THE NEXT QUARTERLY UPDATE PULLED RIGHT FROM OUR OUR CITY AS GENERAL PLAN IS RIGHT ACROSS THE STREET. 
          IT'S THE PREFERRED CONCEPT PLAN FOR THE WEST JORDAN CITY CENTER STATION. HAD A CHANCE TO LOOK AT THIS AND REVIEW IT. I REALLY LOVE THE FACT HERE THAT IT SHOWS WHERE A PLACE WHERE PEOPLE CAN LIVE, WORK AND PLAY, AND ALSO THE VALUABLE AMENITIES THAT THE CITY COUNCIL HAS, HAS LOOKED AT IN THE PAST, WHERE THERE'S A FESTIVAL PARK, THERE'S HOTELS, RESTAURANTS, MARKETPLACES, AND EVEN AN INCUBATOR KIND OF MAKER SPACE INVOLVED THERE TOO. WITH AN EVENT CENTER. THERE'S A LOT OF THINGS HERE THAT ARE VERY, VERY EXCITING, INCLUDING THE HOUSING THAT CAN MOVE AROUND AND SUPPORT THOSE TYPES OF THINGS. ONE THING IS I LOOK AT THE DENSITY IN THIS. IT CAUSES ME TO THINK, WHAT ARE THE THE TOOLS THAT WE COULD USE FORWARD IN ORDER TO MAKE THIS HAPPEN? THE TWO TYPES OF OPPORTUNITIES THAT I WANT TO TALK ABOUT WITH YOU TODAY IS A NEW CRA ZONE. WE'LL BE TALKING A LITTLE BIT ABOUT THE THE AGING OUT OF SOME OF OUR ZONES, KIND OF TOWARDS THE END OF THE PRESENTATION, CITY CENTER ACROSS THE STREET IS ONE OF THOSE. I ALSO WANT TO KIND OF PLANT A LITTLE SEED HERE THAT WE'LL TALK A LITTLE BIT IN FUTURE ABOUT IS WALKING INTO HAVING THESE DISCUSSIONS WITH DEVELOPERS IS, IS WHAT IS THE REVENUE THAT THE CITY WANTS TO BRING TO THE TABLE? SO THOSE REVENUE OPTIONS ARE EITHER A NEW CRA ZONE OR PROPOSING AND USING SOMETHING THAT'S CALLED THE HOUSING TRANSIT REINVESTMENT ZONE. I PUT A COUPLE PROJECTS ON THERE THAT I JUST I JUST PULLED. SO IF YOU LOOK IN THE TOP LEFT HAND CORNER, YOU'VE GOT THE SALT LAKE CRA. IT'S A GROUP CALLED RICHMOND FLATS. AND THIS IS A, YOU KNOW, REALLY UNIQUE AREA WHERE THEY'RE SAYING WE WANT TO DO AFFORDABLE HOUSING. AND SO THEY BUILT, YOU CAN SEE THREE STORIES THERE. AND THEY 
          [00:10:01]
BASICALLY CAME IN AT 50, 75% AND 90% OF AMI. SO BASICALLY HOW MUCH YOU'RE ABLE TO TO PAY A MONTH TO SUPPORT THOSE TYPES OF INCOMES, TO PROVIDE HOUSING FOR IF YOU LOOK OVER TO THE RIGHT OF THAT IS A VERY INTERESTING KIND OF MARKET DYNAMIC, A PLACE WHERE PEOPLE COULD MEET. IT'S THE CENTRAL NORTH MARKET. SO IF YOU TAKE A LOOK AT LIKE, YOU KNOW, KIND OF THE CONCEPTS AND THE SCALE AND THE SIZE, CRA ZONES ARE VERY, THEY CAN BE DYNAMIC, THEY CAN BE SMALLER, THEY CAN BE LARGE. FOR EXAMPLE, IF WE WANTED TO USE SOMETHING LIKE THAT ACROSS THE STREET, IT IS SOMETHING THAT WE NEGOTIATE TAX INCREMENT WITH STAKEHOLDERS. SO WE WOULD INVOLVE THE COUNTY AND THE SCHOOL DISTRICTS INVOLVED. YOU AS THE THE BOARD MEMBERS, WE WOULD GET APPROVAL FROM YOU WITH THIS PLAN FROM THOSE TAXING ENTITIES TO SAY, OKAY, THERE'S A PERCENTAGE RATE THAT WE'RE LOOKING TO GIVE BACK IN PROPERTY TAX. IN OTHER WORDS, YOU KNOW, AS GROWTH OCCURS AND INVESTMENT OCCURS, WE GET A PORTION OF THAT BACK. AND THAT'S TYPICALLY USED EITHER FOR BASIC INFRASTRUCTURE OR AFFORDABLE HOUSING. AND AGAIN, VARIOUS SCALES AND PURPOSES HERE YOU CAN KIND OF SEE THE TWO DIFFERENT PURPOSES SHOWN THERE. SOMETHING THAT'S VERY UNIQUE TO US AND HAS A TIME LIMITATION. YOU CAN SEE IN THE BOTTOM LEFT HAND CORNER, SANDY CITIES HAS THIS IS THE CRA KIND OF ON STEROIDS, SO TO SAY, RIGHT? IT'S GOT A HIGH PERCENTAGE OF TAX INCREMENT ALREADY INCLUDED. YOU DON'T NECESSARILY NEED TO NEGOTIATE AS MUCH, BUT IT'S VERY IMPORTANT TO KIND OF HAVE A FRIENDLY RELATIONSHIP WITH THOSE TAX PAYING ENTITIES. BUT THE APPROVAL ULTIMATELY COMES FROM THE STATE. SO THAT'S SOMETHING THAT, YOU KNOW, AS WE THINK ABOUT, DO WE WANT TO DO OUR CRA AND HAVE MORE OF A KIND OF UNIFIED LOOK AND SAY, A RATE NOT AS HIGH AS 80% PERHAPS? AND WHAT WOULD THE INVESTMENT BE TO GO IN TO DOING THAT TYPE OF WORK? YOU CAN SEE HERE FROM THIS PICTURE THAT YOU CAN SEE STRUCTURED PARKING ON THE ON THE BOTTOM FLOOR. THERE'S ALSO TWO MORE PICTURES ON THE FAR RIGHT HAND SIDE. YOU CAN SEE THAT THERE'S A VERY DENSE AMOUNT OF PROJECTS THAT ARE INCLUDED THERE. SO THE SUMMIT HOTEL AND ALSO SUMMIT RESIDENTIAL. SO BASICALLY THESE FUNDS GO INTO STRUCTURED PARKING, AFFORDABLE HOUSING AND OTHER SPECIFIC BENEFITS. THAT'S WHAT MAKES IT SO ENRICHING FOR A DENSELY POPULATED AREA. SO AGAIN THERE'S A TIME LIMIT ON THAT. SO THAT'S SOMETHING TO KIND OF THINK ABOUT FOR A SECOND. SO WHEN WE TALK ABOUT THE PROCESS, WE ARE LOOKING TO PUT TOGETHER A FINANCIAL MODEL. 
          SO IN OTHER WORDS, AS WE START GOING TO THAT DEVELOPER AND START LOOKING AT START LOOKING ACROSS NOT JUST EVEN LOCALLY, BUT PROBABLY REGIONALLY AND NATIONALLY TO GROUPS THAT CAN SAY, OKAY, THIS IS THE VISION THAT WE CAN SEE THAT THE CITY WOULD LIKE TO HAVE ACCORDING TO THE GENERAL PLAN, AND THEN BE ABLE TO KIND OF MOVE THINGS FORWARD. WE WOULD WE'RE WORKING TOWARDS THE NEXT 30 TO 45 DAYS HAVING A FINANCIAL MODEL TO SAY THIS IS AN APPROXIMATE AMOUNT OF MONEY THAT WE'D HAVE TO THAT WE'D HAVE FROM A CRA BASED ON SOME ASSUMPTIONS. AND THEN VERY SIMILARLY, WE DO THE SAME THING WITH AN HRS AND THEN BE ABLE TO SOLICIT TALK INTERNALLY AND DECIDE, OKAY, WHICH ONE FEELS LIKE THAT'S THE DIRECTION THAT WE WANT TO GO. WE WOULD THEN START TALKING TO GROUPS DOING AN RFP PROCESS. EVENTUALLY WE'D START WORKING WITH STAKEHOLDERS AND, YOU KNOW, SELECTING DEVELOPERS AND START MOVING DOWN THE LINE AS WE SEE PROPERTY BECOMING AVAILABLE. SO THIS IS JUST KIND OF A GENERAL IDEA, A SEED, YOU KNOW, JUST LOOKING TO PLANT, WE CAN KIND OF TALK ABOUT IT A LITTLE BIT MORE AS AS STAFF. IF I WERE TO HAVE A. YES. SO YOU WERE SAYING THE TREE IS A MORE POWERFUL TOOL THAN THE THAN THE CORRECT. 
          YEAH. THE CRA ZONE, THE CRA. AND IT CAN CREATE A MORE UNIFIED DEVELOPMENT OVERALL. 
          THAT'S CORRECT. I'VE SEEN THESE ACROSS THE STATE BEING USED. AND BASICALLY IT BRINGS BIG, BIG, INTERESTED PARTIES TO THE TABLE. IT CAN BE DONE IN STAGES AS WELL. SO AS I SEE, LIKE WE IMMEDIATELY SEE PROPERTY ACROSS THE STREET, THEN WE CAN SAY, OKAY, THIS IS JUST THIS IS PHASE ONE AND WE CAN TRIGGER THAT. AND THEN, YOU KNOW, 2 OR 3 YEARS FROM THAT IS WHETHER STAKEHOLDERS BECOME INVOLVED AND WE ACQUIRE MORE PROPERTY. WE CAN HAVE MULTIPLE TRIGGERS UP TO THREE, THREE TRIGGERS IN THE TIME PERIOD. AND THEN THE, THE TIME CONSTRAINT YOU MENTIONED IS THAT DECEMBER 31ST OF 27, CORRECT? YES. SO WE HAVE APPROXIMATELY A YEAR AND A HALF. 
          WHAT WOULD HAPPEN? WHAT WOULD HAVE TO HAPPEN BY THAT DATE? THIS IS NEW LEGISLATION THAT WE'D HAVE TO HAVE A MASTER AGREEMENT TOGETHER AS WE GO FORWARD TO THE COMMITTEE WITH 
          [00:15:06]
THE STATE. AND SO THERE'S THERE'S A LOT OF THINGS THAT WOULD HAVE TO HAPPEN FOR US TO GET TO THAT POINT. IS THAT DOABLE IN SUCH A SHORT PERIOD OF TIME? IT'S IT IS AMBITIOUS, FOR SURE. AND THAT'S WHY IT MIGHT BE A GOOD IDEA TO, YOU KNOW, HEDGE BOTH, BOTH IDEAS IN THE EVENT THAT WE'RE NOT MOVING TOWARDS THE H Z FAST ENOUGH THAT THE CRA IS SOMETHING THAT WE MOVE FORWARD TO AND BRING STAKEHOLDERS ALONG AS WE GO. THANK YOU. IF I WERE TO HAVE A SECOND FAVORITE CHILD, THE SOUTHWEST QUADRANT 85 WOULD BE THAT THIS WAS THE MAP ORIGINALLY THAT I WANTED TO PROVIDE IN THE MEETING OF THE WHOLE TWO TIMES AGO, WHERE I WAS SHOWING THE APPROXIMATE. I THINK IT WAS LIKE 17. YES, 1700 TOTAL ACRES. AS WE'VE BEEN TALKING TO OUR RECENT DEVELOPMENT PLANS, IT'S ABOUT 850. SO THIS IS WHAT EDA NUMBER FIVE LOOKS LIKE IS YOU'RE OVERLAYING WHAT WE'VE BEEN TALKING ABOUT RECENTLY. IT'S GOT AN INCREDIBLE OBJECTIVES. IT'S PROMOTING, ENCOURAGING VIBRANT, COMPREHENSIVE, HEALTHY ECONOMIES, STRENGTHENING TASK THE TAX BASE AND ATTRACTING HIGH PAYING JOBS. SO THIS IS INCREDIBLE BECAUSE YOU CAN SEE THE SIZE THERE. I WANT TO SHOW AND I CAN FLIP BACK AND FORTH WHERE WE'VE BEEN IN THE LAST TEN YEARS. AND ALSO TO KIND OF LIKE THINK ABOUT THIS AS WELL. 
          YOU CAN SEE ALL THE ROADS THAT ARE THERE KIND OF IN THE CENTER, KIND OF ON THE, THE LOWER SECTION AND ESPECIALLY TO THE RIGHT, YOU CAN SEE THAT THERE'S BEEN A LOT OF DEVELOPMENT THERE. 
          SO I'M GOING TO FLIP BACK AND FORTH BETWEEN WHERE WE WERE IN 2016 WHEN THIS FIRST STARTED, AND THEN MOST RECENT AREAS. SO YOU CAN SEE HERE, THIS IS 2016 VERY MUCH JUST WIDE OPEN. THIS IS NOT THIS IS NOT NECESSARILY ANY TRIGGERS OR ANY TYPE OF YOU WOULD SAY WE DIDN'T NECESSARILY TAKE ANY PROPERTY TAX ABATEMENTS TO DO THIS. NEXT SLIDE AND THIS NEXT WORK. AND SO THIS WAS TEN YEARS, WHICH IS ACTUALLY PRETTY INCREDIBLE FOR ME TO SEE. AS I TAKE A LOOK AT THE ACTIVITY THAT'S GOING ON HERE. ONE OF THE FIRST THINGS THAT I THINK ABOUT IS BEING A TEN YEAR OLD AREA. IS THIS SOMETHING THAT WE WANT TO MAYBE THINK ABOUT AND REWORK A GOOD PORTION OF THAT, MAYBE EVEN AS MANY AS LIKE 4 OR 500 ACRES IN THE BOTTOM RIGHT HAND CORNER MIGHT NOT NECESSARILY BE IN PLAY ANYMORE. SO I'M JUST KIND OF THINKING ABOUT LIKE, OKAY, WHAT WOULD REALLY BE OUR FUTURE USE? DO WE WANT TO PERHAPS NARROW OUR SCOPE AND MAYBE REDRAW THE, THE MAP AND REDRAW THE LINES? SO IT'S JUST FUN TO LOOK AT. I JUST AM IMAGINING WHAT IT'S GOING TO LOOK LIKE AGAIN IN ANOTHER TEN YEARS AS, AS OUR DEVELOPMENT CONTINUES TO MOVE, AS SOMEONE YOU KNOW, ONCE ASKED, THEY SAID, HEY, WHAT DO YOU THINK IS THE, THE MAJOR MOVEMENT MAJOR MULTIPLIER HERE? AND I THINK IT'S THAT OUR ABILITY TO WORK QUICKLY, WE CALL IT LIKE OUR INCENTIVE IS MOVING, MOVING FAST AND BEING ABLE TO WORK WELL WITH BUSINESSES HAS MADE ALL THIS HAPPEN. OKAY, THE THIRD ONE I WANT TO TALK ABOUT IS COPPER HILLS MARKETPLACE CDA. NUMBER TWO. NOT ONLY IS IT VERY INTERESTING BECAUSE IT'S JUST RIGHT NEXT TO AN INCREDIBLE PARK, WHICH IS A GREAT LOCATION, BUT THE FACT THAT IT'S RIGHT THERE NEXT TO THE HIGHWAY, WE TAKE PARK COATS AND MYSELF, WE TAKE A CALL ABOUT WE TOOK ONE TODAY. WE TOOK ONE LAST WEEK OF PEOPLE SAYING, HEY, WE SEE THAT THERE'S, THERE'S PROPERTY HERE. 
          AND VERY SPECIFICALLY, YOU CAN SEE JUST TO THE RIGHT OF THE HIGHWAY AND NORTH OF 90TH SOUTH, THIS IS ALREADY A PROPERTY THAT WE OWN. AND SO WE'RE FIELDING QUESTIONS. I MEAN, ULTIMATELY, WE, WE RECOGNIZE FROM PAST MEETINGS THAT THE HIGHEST AND BEST USE WOULD BE SOMETHING LIKE COSTCO OR SOMETHING THAT WOULD HAVE A SIGNIFICANT AMOUNT OF SALES TAX REVENUE. WE TOTALLY BELIEVE IN THAT. WE'RE DEFINITELY ALSO HAVING OTHER CONVERSATIONS OF, WELL, WHAT IF A COSTCO WENT OVER HERE? AND WOULD YOU BE WILLING TO PUT SOMETHING, YOU KNOW, IN OTHER WORDS, SWAP LOCATIONS IF ULTIMATELY, YOU KNOW, YOU WOULD GET SOMETHING LIKE COSTCO AND THAT'S SOMETHING THAT WE'LL HAVE TO THINK ABOUT AS A GROUP. BUT, YOU KNOW, WE'RE DEFINITELY HAVING THOSE CONVERSATIONS AND WARMING UP TO IT. GYM GEMCO MEDICAL, INTERESTINGLY ENOUGH, IS GOING IN THAT BUILDING IN THE BLUE SECTION IN THE BOTTOM LEFT HAND CORNER, THE BUILDING JUST NORTH OF THAT IS A PROPOSED BUILDING THAT I THAT WE PROVIDED AS AS AN RFP FOR THE AEROSPACE DEVELOPMENT PROJECT. SO WE'RE IN GENERAL LOOKING REALLY, REALLY, YOU 
          [00:20:02]
KNOW, TO THIS AREA AND FIELDING A LOT OF QUESTIONS. AND THERE'S ANOTHER SECTION OF PROPERTY THAT PROBABLY RESERVES AN EXCLUSIVE MEETING WITH ITS OWN AGENDA ITEM THAT WE MIGHT TALK ABOUT IN THE FUTURE, BUT JUST KIND OF PUT A PIN IN THAT FOR THE FUTURE. LOOKING AT LONGEVITY, WHAT'S REALLY INTERESTING IS THAT A LOT OF THESE RDAS HAVE A 2025 YEAR LIFE CYCLE, AND THAT'S REALLY THE START OF WHEN RDA STARTED IN THE STATE OF UTAH. AND SO WE'RE NOT NECESSARILY ALONE WHEN IT COMES TO CITIES THAT HAVE STARTED SOMETHING EARLY. 
          AND IT'S KIND OF, YOU KNOW, KIND OF WINDING DOWN A LITTLE BIT. SO THERE ARE RDA LOCATIONS THAT ARE EXPIRING. AND WHAT THAT MEANS IS THERE'S NO TAX INCREMENT THAT'S BEING COLLECTED. AND WE RECOGNIZE FROM, YOU KNOW, YOUR PREVIOUS BUDGET HEARING THAT WE JUST HAD, THAT THERE'S STILL AGREEMENTS IN SEVERAL AREAS. SO THESE ARE THESE ARE ONGOING. I WENT AHEAD AND I, I TOOK OUR CRA MAP OR A MAP, AND I WENT AHEAD AND I USED THESE SAME COLOR CODINGS TO BASICALLY SHOW YOU KIND OF HAVE THIS SAME KIND OF, OF FLUID WAY OF LOOKING AT IT. 
          YOU'VE GOT THE ORANGE AREAS THAT ARE, YOU KNOW, THAT THAT EXPIRED TERM, YOU'VE GOT SOME THAT ARE NEAR TERM WITH 2026, YOU'VE GOT A COUPLE ON THE, THE OUTSKIRTS OF CITY CENTER, AND THEN ONE MORE KIND OF IN THE CENTER OF THE MAP, YOU'VE GOT ONE JUST TO THE SOUTH OF THAT, WHICH IS EXPIRING IN TWO YEARS, BUT YOU'VE GOT FAIRLY GOOD AMOUNT OF AREAS THAT STILL ARE IN PLAY. AND SO I THINK THAT'S SOMETHING JUST IN GENERAL TO KIND OF THINK ABOUT, I FEEL LIKE WE'RE GOING TO HAVE A CHANCE TO, OVER THE NEXT COUPLE OF YEARS, BE ABLE TO SET UP NEW AREAS, BE ABLE TO FOCUS, YOU KNOW, MAYBE REALLY KIND OF PUT SOME MORE, I COULD SAY, KIND OF VISION INTO WHERE WE'RE LOOKING. AND THEN THE OTHER THING TOO, IS WE START SEEING MORE OF THE MATCHMAKING ABILITIES. LIKE IN OTHER WORDS, IS INDIVIDUALS ARE LOOKING TO WEST JORDAN AND SAYING, HEY, WHERE IS IT THAT WE REALLY WOULD LIKE TO HAVE HIGH PAYING JOBS, NEW CAPITAL EXPENDITURES, TO BE ABLE TO SET THOSE UP QUICKLY? AND I THINK THAT'S SOMETHING WE COULD DO. 
          SO IN SOME FUTURE TOPICS, FUTURE THINGS THAT WE CAN THINK ABOUT AND WOULD LOVE TO BRING BACK IS WE'D LOVE TO COME BACK WITH THAT FINANCIAL MODEL. IS THERE A POSSIBILITY? IS THERE THOUGHT, YOU KNOW, I'D LOVE TO TO HEAR FUTURE CONVERSATIONS ON RESCOPING IF THE SOUTHWEST QUADRANT NEEDS TO OCCUR, HOW WE WORK THROUGH THESE SUNSETTING OF EXPIRED LOCATIONS. AND AGAIN, KIND OF BACK TO THAT MATCHING OPPORTUNITIES AND LOCATIONS. SO THAT IS MY QUARTERLY REPORT, MADAM CHAIR. THANK YOU SO MUCH, MR. GROVER. ARE THERE ANY QUESTIONS FROM THE BOARD? COUNCIL MEMBER? HARRIS. YEAH. QUICK QUESTION. WHEN YOU ARE TALKING ABOUT RESCOPING OF THE SOUTHWEST QUADRANT, I WAS ONLY HALFWAY UNDERSTANDING YOU. YOU JUST MEAN LIKE REDRAWING THE BOUNDARIES, REDRAWING THE BOUNDARIES, AND GIVING IT PERHAPS A LITTLE BIT MORE OF A SPECIFIC PURPOSE. SURE. SO I THINK AS WE WE TALK OF HIGH TECH MANUFACTURING, I KNOW THAT'S BEEN THE BIG CONVERSATION PIECE, CONTINUING TO REFINE THAT. YEAH. AND ALSO IS, YOU KNOW, A GROUP BEING ABLE TO SAY, OKAY, THIS IS, THIS IS WHAT WE WOULD PERHAPS BE WILLING TO PART WITH PROPERTY TAX. WHAT TYPE OF JOBS ARE WE LOOKING AT? YOU KNOW, WHAT'S, WHAT'S ACTUALLY NEEDED FOR A COMPANY TO BE SUCCESSFUL IN THOSE AREAS? OKAY. YEAH. 
          THANKS. THANK YOU AGAIN, MR. ROPER. THAT WAS THAT WAS REALLY COOL TO HEAR ABOUT ALL THE PLANS THAT YOU ARE PROSPECTIVE PLANS THAT YOU HAVE FOR OUR CITY. OKAY. OUR LAST ITEM IS TO 
          [CONSENT ITEMS]
APPROVE MEETING MINUTES FROM DECEMBER 16TH, 2025 FOR THE REDEVELOPMENT AGENCY MEETING. 
          TO APPROVE SECOND. SECOND. OKAY, MISS. QUICK, I'D LIKE TO CALL FOR A VOTE FOR THE APPROVAL OF THESE MINUTES. ACTING CHAIR WIGNALL. YES. BOARD MEMBER. SHELTON. YES. BOARD MEMBER. 
          HARRIS. YES. BOARD MEMBER. JACOB. YES. BOARD MEMBER. LAMB. YES. CHAIR. BRADOR. YES. THANK YOU. I SHOW THE MOTION PASSES 6 TO 0. GREAT. THANK YOU. THAT WAS OUR LAST BUSINESS ITEM. 
          [00:25:01]
SEEING AS THERE ARE NO FURTHER, THERE'S NO
* This transcript was compiled from uncorrected Closed Captioning.