[CALL TO ORDER]
[00:00:03]
WE'RE GOOD. ALL RIGHT. I WILL CALL TO ORDER THE REDEVELOPMENT AGENCY BOARD MEETING ON MAY 12TH, 2026, STARTING AT APPROXIMATELY 8:03 P.M. WE HAVE ALL OF OUR BOARD MEMBERS PRESENT FOR THIS, PLUS THE MEMBERS OF THE CITY. AND WE HAVE ONE BUSINESS ITEM FOR THIS
[a. RDA Resolution No. 254 Adopting the Tentative Budget for the Redevelopment Agency of West Jordan City for Fiscal Year 2027 and Setting May 26, 2026 as the Date for a Public Hearing Regarding the Adoption of the Final Budget]
MEETING. THIS IS ALREADY A RESOLUTION NUMBER 254 ADOPTING THE TENTATIVE BUDGET FOR THE REDEVELOPMENT AGENCY OF WEST JORDAN CITY FOR FISCAL YEAR 2027 AND SETTING MAY 26TH, 2026 AS THE DATE FOR A PUBLIC HEARING REGARDING THE ADOPTION OF THE FINAL BUDGET. AND LOOK AT THAT. WE'VE GOT MISS MICKEY CANDY AGAIN, THANK YOU VERY MUCH. AGAIN, WE COME TO YOU WITH A BUDGET FOR THE REDEVELOPMENT AGENCY OF WEST JORDAN. AS SOME BACKGROUND. THE RDA IS FOCUSED ON REVITALIZING SPECIFIC AREAS OR REGIONS IN THE IN THE CITY THAT ARE DEEMED BLIGHTED OR NEGLECTED. AND THE PRIMARY PURPOSE IS TO ENCOURAGE THAT COMMUNITY DEVELOPMENT, WHICH WOULD IMPROVE THE ECONOMIC AND SOCIAL ENVIRONMENT. JUST AS AN OVERVIEW OF WHAT THE RDA IS AS A WHOLE, THE BUDGET FOR THE RDA. THIS IS. THIS IS CONSOLIDATED. SO EACH INDIVIDUAL RDA HAS THEIR OWN COMPONENTS, WHICH YOU CAN FIND IN YOUR BUDGET DOCUMENTS AS WELL AS ONLINE. BUT COMBINED TOGETHER, THIS IS THE THE BUDGET REVENUES AND EXPENDITURES THAT ARE BEING PROPOSED OR THAT WERE PROPOSED LAST WEEK AND PRESENTED TO YOU TONIGHT FOR ADOPTION AS A TENTATIVE. THE ENDING RESERVES FOR THE RDA AS A WHOLE WOULD BE AT $12 MILLION. ASSUMING THAT THOSE PROJECTS, INFRASTRUCTURE AND THE LAND PURCHASES GO THROUGH, AS HAVE BEEN BUDGETED, WE WANTED TO HAVE THAT MONEY SET ASIDE SO THAT THOSE PROJECTS AND, AND THINGS CAN CAN MOVE FORWARD. THE AGREEMENTS THAT THE DIFFERENT RDAS HAVE ENTERED INTO ARE LISTED HERE. THERE'S A PAYPAL AND ALIGNED ENERGY IN THAT EDA NUMBER FOR SOME OF THAT IS INVESTMENT RELATED AND SOME IS AN ENERGY TAX REBATE, AS WELL AS A COMMUNITY DEVELOPMENT AREA IN JORDAN. JORDAN VALLEY STATION, ALSO KNOWN AS THE BINGER STATION AGREEMENT. YOU CAN SEE THERE'S A SPORTSMAN'S WAREHOUSE SALES TAX REBATE OF $50,000. THE IMPROVEMENTS THAT ARE BUDGETED FOR THIS UPCOMING FISCAL YEAR INCLUDE CONTINUING THE 70TH SOUTH BEAUTIFICATION PROJECT AT $1.48 MILLION, AND THEN SOME TARGETED PROPERTY PURCHASES IN VARIOUS RDA AREAS. ALSO CONTINUING THE ENTRYWAY CITY SIGNAGE IN RDA NUMBER TWO AT $75,000 AND ADDITIONAL PROPERTY PURCHASES IN RDA FOUR AND FIVE, AND THEN INFRASTRUCTURE EXPANSION OF 1.5 MILLION IN THAT ORACLE DATA CENTER AREA TONIGHT WOULD BE ACCEPTING THE OR ADOPTING THE TENTATIVE BUDGET, WHICH THEN GIVES YOU AN OPPORTUNITY TO DISCUSS AS A BOARD AND ASK ANY QUESTIONS. OVER THE NEXT SEVERAL WEEKS, WE WOULD SET THE PUBLIC HEARING TO BE FOR MAY 26TH, WHICH TIME THE PUBLIC WOULD HAVE OPPORTUNITY TO COMMENT ON ANYTHING BUDGET RELATED IN THE RDA. BEFORE YOU ADOPT, AMEND OR MAKE ANY CHANGES AND THEN ADOPT THE ANNUAL BUDGET ON JUNE 9TH. IF THERE ARE NO QUESTIONS ABOUT RDA, WE CAN TURN IT OVER TO YOU FOR CONSIDERATION. ALL RIGHT. FIRST WE WILL SEE. DO WE HAVE ANY QUESTIONS FROM MEMBERS OF THE BOARD? IT LOOKS LIKE WE ARE READY FOR A MOTION THEN ON THIS.COUNCIL BOARD MEMBER. SHELTON, I MOVE TO APPROVE RESOLUTION NUMBER 254, ADOPTING THE TENTATIVE BUDGET FOR THE REDEVELOPMENT AGENCY OF WEST JORDAN CITY FOR THE FISCAL YEAR FOR FISCAL YEAR 2027 AND SETTING MAY 26TH, 2026 AS THE DATE FOR A PUBLIC HEARING REGARDING THE ADOPTION OF THE FINAL BUDGET, I WILL SECOND IT, AND WE CAN MOVE ONE MORE TIME TO SEE IF THERE'S ANY MORE DISCUSSION FROM THE BOARD. SEEING NO INTEREST, WE WILL PUT OUR INTEREST OVER TO MISS QUICK AND A VOTE. BOARD MEMBER. LAMB. YES. CHAIR. YES. VICE CHAIR.
WIGNALL. YES. BOARD MEMBER. WHITELOCK. YES. BOARD MEMBER. HARRIS. YES. BOARD MEMBER.
JACOB. YES. BOARD MEMBER. SHELTON. YES. THANK YOU. I SHOW THAT MOTION PASSES 7 TO 0.
ALRIGHTY THEN. THAT IS ANOTHER ONE THAT'LL GO BY QUICKLY AND I WILL MOVE TO
* This transcript was compiled from uncorrected Closed Captioning.