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ROLLING FOR THIS MEETING. OKAY, I WILL CALL. I WILL CALL TO ORDER THE REDEVELOPMENT AGENCY
[Call to Order]
BOARD MEETING FOR JUNE 9TH, 2026. IT IS 921. WE HAVE BOARD MEMBERS JACOB HARRIS, WIGNELL AND SHELTON PRESENT AND BOARD MEMBER WHITELOCK ONLINE AND A CHAIR BADOR ONLINE. AND WE WILL EXCUSE COUNCIL MEMBER EXCUSE ME, BOARD MEMBER LAMB THIS EVENING, MR. ANDERSON, EXCUSE ME. CHAIR AND BOARD MEMBER WHITELOCK ONLINE. YES, THEY ARE STILL ONLINE. THANK YOU. OKAY. WE[a. Resolution No. 256 Amending the Redevelopment Agency Annual Budget for the Fiscal Year Ending June 30, 2026]
WILL. WE HAVE PUBLIC HEARING ITEMS. OUR FIRST ONE IS THE RTA RESOLUTION NUMBER 256, AMENDING THE REDEVELOPMENT AGENCY ANNUAL BUDGET FOR THE FISCAL YEAR ENDING JUNE 30TH, 2026. THANK YOU AGAIN. WE WANT TO MAKE A BUDGET AMENDMENT FOR THE RTA BUDGET TO KIND OF MATCH UP WHAT HAS HAPPENED OVER THIS PAST YEAR SINCE WE ORIGINALLY ADOPTED THE BUDGET, SPECIFICALLY IN THIS RTA, WE ARE PROPOSING THIS AMENDMENT TO MATCH THE ACTUAL REVENUES THAT HAVE COME IN TO ADJUST THE BUDGET TO MATCH THOSE ACTUALS, AND AS WELL AS THE ADDITIONAL EXPENDITURES THAT WE'VE SEEN ON SOME FEES, SOME STUDIES AND OTHER AGREEMENTS. WE'RE ALSO REMOVING BUDGETED AMOUNTS FOR INFRASTRUCTURE PROJECTS AND THE LAND PURCHASES THAT HAVE NOT PROCEEDED THIS YEAR AS WE HOPED, MAYBE HOPED THEY WOULD HAVE AT THE BEGINNING OF THE YEAR. BUT A LOT OF THOSE ARE BEING CARRIED OVER INTO THE FISCAL YEAR 27 BUDGET. SO I JUST WANT TO SHOW YOU WHAT THAT EACH OF THOSE CATEGORIES LOOKS LIKE. THIS IS THE FINANCIAL DETAIL FOR THOSE IN RELATION TO THE TAX INCREMENT THAT HAS COME IN AND UNDER THE COLLECTIONS. WE ALSO INITIALLY NEVER BUDGET INTEREST EARNINGS, BUT WE HAVE HAD SOME INTEREST ON $900,000.INTEREST ON THE RTA COME IN THROUGHOUT THE YEAR. AND THEN THERE'S ALSO A CHANGE TO THE TRANSFER FROM THE GENERAL FUND TO MATCH UP WITH THE AGREEMENT THAT WAS IN PLACE. THERE HAVE BEEN SOME COSTS FOR LEGAL FEES, THE UTILITY STUDY FOR THE CITY CENTER AREA, SOME OF THE THINGS THAT WERE ADDITIONALLY INCLUDED IN THE PROFESSIONAL AND TECHNICAL SERVICES. SO WE WANTED TO MAKE SURE THERE WAS ENOUGH BUDGET TO COVER THOSE ITEMS. THE ADMINISTRATION FEE IS IN CONJUNCTION WITH THAT TAX AGREEMENT, TAX INCREMENT AGREEMENTS, AS WELL AS THE THAT NEXT ITEM THERE AGREEMENTS TO THE QUALIFIED PAYMENT. AND THEN YOU'LL SEE UNDER THE INFRASTRUCTURE LINE THAT'S SPECIFICALLY RELATED TO THE 90TH STREET PROJECT AND 70TH SOUTH BEAUTIFICATION PROJECTS THAT HAVE BEEN DELAYED. AND THEN YOU CAN SEE WE'RE REMOVING THAT LAND, THOSE FUNDS FOR LAND PURCHASES OF $7 MILLION. SO ALL SAID AND DONE, THE ENDING RESERVES FOR THE RTA COMBINED WOULD BE ABOUT $21 MILLION. HERE YOU CAN SEE EACH OF THOSE RTA FUND BALANCES BROKEN OUT SEPARATELY. BUT LIKE I SAID, THE TOTAL IS ENDING AT $21 MILLION, WHICH WE HAVE NOW IN TURN BUDGETED FOR FISCAL YEAR 27. ARE THERE ANY QUESTIONS ABOUT THE 26TH BUDGET AMENDMENT? OKAY, I TURN IT BACK OVER TO YOU FOR A PUBLIC HEARING. THANK YOU. ARE THERE ANY QUESTIONS FROM COUNCIL? OKAY. IF NOT, I WILL MOTION TO APPROVE RESOLUTION NUMBER 256. OH, EXCUSE ME, ARE THERE ANY IS THERE ANYONE IN THE AUDIENCE WHO WOULD LIKE TO COMMENT? MR. ANDERSON, IS THERE ANYONE ONLINE WHO WOULD LIKE TO COMMENT? THERE IS NO ONE ONLINE THIS EVENING. GREAT. THANK YOU. I WILL CLOSE PUBLIC COMMENT AND MOTION TO APPROVE RESOLUTION NUMBER 256, AMENDING THE REDEVELOPMENT AGENCY ANNUAL BUDGET FOR THE FISCAL YEAR ENDING JUNE 30TH, 2026. I'LL SECOND THAT MOTION. THANK YOU.
I HAVE A MOTION TO APPROVE BY BY MYSELF. SOUNDS WEIRD. AND BOARD MEMBER SHELTON. IF THERE IS NO MORE DISCUSSION, MISS COOK WILL MOVE THIS TO A VOTE. CHAIR. YES. BOARD MEMBER. JACOB.
YES. BOARD MEMBER. WHITELOCK. YES. BOARD MEMBER. HARRIS. YES. ACTING CHAIR. WAGNER. YES. AND BOARD MEMBER SHELTON. YES. THANK YOU. I SHOW THAT MOTION PASSES 6 TO 0. THANK YOU. WE'LL
[a. RDA Resolution No. 255 Adopting the FY2027 Annual Budget for the Redevelopment Agency of the City of West Jordan]
NOW MOVE ON TO BUSINESS ITEMS. WE HAVE A RESOLUTION NUMBER 255. ADOPTING THE FISCAL YEAR 2027[00:05:01]
ANNUAL BUDGET FOR THE REDEVELOPMENT AGENCY OF THE CITY OF WEST JORDAN. THANK YOU.AND I JUST WANT TO EXPRESS APPRECIATION FOR EVERYONE'S PATIENCE WITH ALL OUR MANY, MANY BUDGET ITEMS TONIGHT. THIS IS THE LAST ONE THAT I'M AWARE OF FOR ALL OF THE MEETINGS. IT IS THE THE ADOPTING OF THE FINAL BUDGET FOR THE RTA. THERE IS ONE CHANGE THAT WE HAVE FOUND THE. ONE OF THE IMPROVEMENT PROJECTS WE HAVE GOTTEN BIDS IN SINCE WE LAST PRESENTED AT BUDGET INFORMATION TO YOU FOR THE RTA. AND SO WE PROPOSE TO INCREASE THE IMPROVEMENTS IN RTA ONE BY $420,000, NOT SPECIFICALLY RELATED TO THE 70TH SOUTH BEAUTIFICATION PROJECT, THE LANDSCAPING AND ALL THOSE THINGS IN THAT AREA. SO THE TOTAL AMOUNT FOR THAT PROJECT WOULD LAND AT 1.9 MILLION. THAT SHOULD BE SUFFICIENT TO COVER THE BIDS THAT CAME IN, AS WELL AS SMALL AMOUNT FOR ANY OVERAGES OR CHANGE REQUESTS THAT COME THROUGH AS THEY PROCEED WITH THE PROJECT. HERE AGAIN IS THE ENDING RESERVES, INCLUDING THAT AMENDMENT TO THE TENTATIVE BUDGET. AND YOU CAN SEE IN THE 2026 BUDGET COLUMN THERE THAT SHOWS THE 21 MILLION WHICH WE JUST AMENDED. AND SO THE THE 27 BUDGET AMOUNT BUDGETED AMOUNTS WOULD BRING THAT TOTAL FUND BALANCE DOWN TO 11.6 MILLION OVERALL. AGAIN, THIS IS THE LAST STEP FOR THE RTA BUDGET TO ADOPT THIS ANNUAL BUDGET WITH ANY CHANGES SUPPORTED BY A MAJORITY OF THE COUNCIL. THAT SAID, BUDGET AMENDMENTS CAN HAPPEN AT ANY POINT THROUGHOUT THE YEAR IF YOU SO CHOOSE TO HAVE ANOTHER PUBLIC HEARING AND MAKE ANY BUDGET AMENDMENTS ALONG THE WAY. THANK YOU. GOOD QUESTION. COUNCIL MEMBER BOARD MEMBER JACOB, THANK YOU. THAT BID ADJUSTMENT, THAT BUDGET ADJUSTMENT FOR THOSE BIDS, DID WE DISCUSS THAT IN A MEETING? I'M TRYING TO REMEMBER IF WE DID, I DON'T KNOW THAT THE PROJECT OR THE CHANGES, THE BID THAT CAME IN WAS DISCUSSED IN THE MEETING. THE PROJECT WAS INCLUDED IN THE TENTATIVE BUDGET, JUST AT A LOWER AMOUNT. YEAH. CAN YOU BACK UP LIKE ONE MORE SLIDE SO I CAN SEE THE DIFFERENCE AGAIN? THIS PROJECT HAS BEEN INCLUDED IN THE BUDGET FOR THREE BUDGET YEARS. AND THOSE ORIGINAL AMOUNTS, OBVIOUSLY, COSTS HAVE INCREASED A LOT OVER THE PAST COUPLE OF YEARS. AND NOW THAT THEY WERE FINALLY READY TO PROCEED WITH THE CONTRACTING, THAT'S WHY WE INCLUDE THIS ADDITIONAL AMOUNT. OKAY. IT'S JUST A 30%. ACTUALLY.
THE BUDGET WAS BUDGETED ORIGINALLY OVER THE THREE YEARS FOR $2 MILLION. OH, WAS IT? BUT IT JUST HASN'T BEEN SPENT. SO THIS IS KIND OF A CARRY FORWARD. BUT IT'S ALSO RELATED TO MAKING SURE THAT CARRY FORWARD WAS APPROPRIATE FOR THE CONTRACT, THAT IS, I JUST APPROVED IT.
IT'S LIKE 1.473 MILLION OR SOMETHING. BUT THAT ADDITIONAL AMOUNT IS CONTINGENCY. AND TO FINISH THE PROJECT. SO YOU'RE SAYING THIS ISN'T A PROJECT INCREASE. IT WAS THE SAME AS YOU BUDGETED ORIGINALLY AT 2 MILLION. OKAY. WE'RE JUST GOING TO DO IT ALL IN ONE BUDGET INSTEAD OF OVER WHERE WE ORIGINALLY PLANNING ON SPENDING IT ACROSS MULTIPLE BUDGETS, WHICH IS WHY IT WAS THE ORIGINAL PLAN WAS THAT YOU WERE GOING TO DO IT IN 2025, AND THEN IT DIDN'T HAPPEN. AND THEN 2026 AND IT STILL HASN'T HAPPENED. BUT NOW I DID SIGN A CONTRACT. HOW DID IT GO FROM 2 MILLION TO 1.48 MILLION THEN? BECAUSE THE ESTIMATE, THEY THOUGHT THAT THEY COULD GET MORE DONE BEFORE JUNE 30TH IN THE 2026 BUDGET AND THEY DIDN'T GET IT ALL DONE. OKAY. SO IT WAS GOING TO BE SPLIT OVER MULTIPLE YEARS, WHICH IS WHY IT WAS A $2 MILLION PROJECT. AND THEN IT WAS A 1.4 MILLION FOR THIS YEAR. ONE POINT. THERE YOU GO. OKAY. YES. OKAY. THANK YOU. I'M JUST SAYING, IF WE'RE GETTING A 30% COST INCREASE, A 30% COST INCREASE IN THIS, THEN I WANT TO HAVE A LITTLE TALK. THAT WOULD BE ABSOLUTE. YES, I AGREE WITH YOU. THE REST OF THIS, ABOUT 100,000 HAS ALREADY BEEN SPENT ON LIKE DESIGN AND THAT KIND OF THING FOR IT. I'M JUST. YEAH. OKAY. NO, IT IS NOT A COST INCREASE. THIS IS JUST BRINGING THE FULL BUDGET TO BEGIN JULY 1ST. WE JUST SIGNED THE CONTRACT. OKAY. THANK YOU, THANK YOU. YEAH. AS PART OF OUR BUDGET PROCESS, WE ASK FOR ALL OF THEIR ESTIMATED WHAT THEY THINK THEY WILL SPEND BY THE END OF JUNE. AND SO WE'RE WORKING OFF OF THOSE NUMBERS FOR THE ORIGINAL BUDGET AND THE TENTATIVE BUDGET. NOW THAT WE'RE CLOSER TO THE END OF JUNE, WE HAVE THOSE FINAL NUMBERS. AND SO, YES, LIKE SHE SAID, IT'S NOT AN INCREASE NECESSARILY. IT'S JUST MOVING WHAT WE THOUGHT WE WERE GOING TO SPEND INTO THIS NEXT YEAR.
THANK YOU FOR THAT CLARIFICATION. I SAW THAT NUMBER AND THOUGHT, OH MY GOSH, SO THANK YOU. ANY OTHER QUESTIONS WE CAN ADDRESS? THANK YOU. OKAY. THERE ARE NO OTHER QUESTIONS I'LL MOTION FOR. EXCUSE ME. I'LL LOOK FOR A MOTION. I WILL MOTION TO
[00:10:04]
APPROVE RESOLUTION NUMBER 255. ADOPTING THE FISCAL YEAR 2027 ANNUAL BUDGET FOR THE REDEVELOPMENT AGENCY OF THE CITY OF WEST JORDAN, BOARD MEMBER HARRIS, I SECOND THANK YOU. I HAVE A MOTION TO APPROVE FOR MYSELF AND A SECOND FROM BOARD MEMBER HARRIS. MISS QUICK, CAN WE MOVE TO A VOTE, PLEASE? BOARD MEMBER HARRIS. YES, CHAIR. BADOR. YES. ACTING CHAIR.WAGNER. YES. BOARD MEMBER. SHELTON. YES. BOARD MEMBER. JACOB. YES. BOARD MEMBER.
WHITELOCK. YES. THANK YOU. I SHOW THAT MOTION PASSES 6 TO 0. THANK YOU. OUR FINAL ITEM FOR
[Consent Items]
THIS EVENING IS THE CONSENT ITEM TO APPROVE MEETING MINUTES FOR A MAY 26TH, 2026 REDEVELOPMENT AGENCY MEETING. I WILL MOTION TO APPROVE. DO I HAVE A SECOND? SECOND BOARD MEMBER? SHELTON. THANK YOU. ALL IN FAVOR? I, I THANK YOU. IF THERE ARE NO FURTHER* This transcript was compiled from uncorrected Closed Captioning.