1
00:00:00,000 --> 00:00:02,000
Welcome to the Provo City Council and

2
00:00:02,000 --> 00:00:03,720
the Provo RDA Governing Board and the

3
00:00:03,720 --> 00:00:05,200
Stormwater Service District Governing

4
00:00:05,200 --> 00:00:07,400
Board regular meeting. It is June 9th,

5
00:00:07,400 --> 00:00:11,080
2026. It's 5:31 p.m. We'll have a roll

6
00:00:11,080 --> 00:00:15,870
call of each of the councilors.

7
00:00:15,880 --> 00:00:17,800
Jeff

8
00:00:17,800 --> 00:00:18,960
>> Jeff Whitlock

9
00:00:18,960 --> 00:00:19,960
>> Becky Bogden

10
00:00:19,960 --> 00:00:20,840
>> Rachel Whipple

11
00:00:20,840 --> 00:00:21,920
>> Craig Christiansen

12
00:00:21,920 --> 00:00:23,040
>> Patrice McKey

13
00:00:23,040 --> 00:00:24,920
>> Gary Garrett

14
00:00:24,920 --> 00:00:26,600
>> Today's opening prayer will be provided

15
00:00:26,600 --> 00:00:29,280
by our state rep, Grant Pace, and then

16
00:00:29,280 --> 00:00:30,560
we'll have the pledge of allegiance by

17
00:00:30,560 --> 00:00:41,590
Councilor Whitlock.

18
00:00:41,600 --> 00:00:43,240
» Our gracious heavenly Father, we come

19
00:00:43,240 --> 00:00:44,680
before thee at the commencement of the

20
00:00:44,680 --> 00:00:46,920
City Council meeting and pray as always

21
00:00:46,920 --> 00:00:50,800
thy blessings upon those chosen to

22
00:00:50,800 --> 00:00:52,480
perform important duties for the

23
00:00:52,480 --> 00:00:54,320
wonderful city in which we live. We

24
00:00:54,320 --> 00:00:57,280
thank thee for thy many blessings. We

25
00:00:57,280 --> 00:00:59,400
acknowledge them and pray that I will

26
00:00:59,400 --> 00:01:01,320
that thou will send rains of which thou

27
00:01:01,320 --> 00:01:03,960
knowest we need. We pray for wisdom and

28
00:01:03,960 --> 00:01:10,000
judgment, for protection and the distant vision to make those

29
00:01:10,000 --> 00:01:11,760
decisions which will serve us and our

30
00:01:11,760 --> 00:01:14,480
community now and in the future. This we

31
00:01:14,480 --> 00:01:16,200
pray for humbly in the name of Jesus

32
00:01:16,200 --> 00:01:17,680
Christ. Amen.

33
00:01:17,680 --> 00:01:18,640
>> Amen.

34
00:01:18,640 --> 00:01:19,840
>> Thanks, Grant.

35
00:01:19,840 --> 00:01:21,080
>> Please rise and join me for the pledge

36
00:01:21,080 --> 00:01:23,400
of allegiance.

37
00:01:23,400 --> 00:01:26,040
>> I pledge allegiance to the flag of the

38
00:01:26,040 --> 00:01:28,800
United States of America and to the

39
00:01:28,800 --> 00:01:31,960
republic for which it stands, one nation

40
00:01:31,960 --> 00:01:32,920
under God,

41
00:01:32,920 --> 00:01:35,560
indivisible, with liberty and justice

42
00:01:35,560 --> 00:01:37,120
for all.

43
00:01:37,120 --> 00:01:40,870
>> Thank you.

44
00:01:40,880 --> 00:01:42,720
» As indicated on the screen, a required

45
00:01:42,720 --> 00:01:44,160
public hearing will be held for certain

46
00:01:44,160 --> 00:01:46,640
agenda items prior to council action.

47
00:01:46,640 --> 00:01:48,800
After each such item has been presented,

48
00:01:48,800 --> 00:01:50,480
time to comment will provided for all

49
00:01:50,480 --> 00:01:52,400
those who wish to speak. For items that

50
00:01:52,400 --> 00:01:54,480
do not require a public hearing, public

51
00:01:54,480 --> 00:01:55,880
comment will still be taken following

52
00:01:55,880 --> 00:01:57,760
presentation of the item, but will be

53
00:01:57,760 --> 00:02:00,280
limited to 10 minutes. At this time, up

54
00:02:00,280 --> 00:02:01,880
to 15 minutes have been set aside for an

55
00:02:01,880 --> 00:02:03,200
open public comment period, which is

56
00:02:03,200 --> 00:02:04,880
intended to allow comment on matters

57
00:02:04,880 --> 00:02:06,320
that do not appear on the agenda, but

58
00:02:06,320 --> 00:02:08,399
are limited to topics regarding

59
00:02:08,399 --> 00:02:09,759
municipal business or within the

60
00:02:09,759 --> 00:02:11,560
municipal council purview.

61
00:02:11,560 --> 00:02:12,880
Persons who wish to speak during this

62
00:02:12,880 --> 00:02:14,800
time to an item that is on the agenda

63
00:02:14,800 --> 00:02:16,240
will not normally be afforded a second

64
00:02:16,240 --> 00:02:17,800
opportunity to speak during the comment

65
00:02:17,800 --> 00:02:19,800
period specific to that item.

66
00:02:19,800 --> 00:02:21,400
During any public comment period, each

67
00:02:21,400 --> 00:02:23,000
speaker will generally be limited to 2

68
00:02:23,000 --> 00:02:24,480
minutes.

69
00:02:24,480 --> 00:02:26,959
Due to noticing requirements, no formal

70
00:02:26,959 --> 00:02:28,520
action will be taken in this meeting on

71
00:02:28,520 --> 00:02:29,560
matters that do not appear on the

72
00:02:29,560 --> 00:02:30,760
agenda.

73
00:02:30,760 --> 00:02:32,240
Those with comments are invited to

74
00:02:32,240 --> 00:02:33,320
approach the podium, and those

75
00:02:33,320 --> 00:02:34,800
participating on Zoom will need to use

76
00:02:34,800 --> 00:02:36,560
the raise hand feature to indicate they

77
00:02:36,560 --> 00:02:38,160
wish to comment.

78
00:02:38,160 --> 00:02:39,560
The chair may choose to alternate

79
00:02:39,560 --> 00:02:42,240
between in-person and online commenters.

80
00:02:42,240 --> 00:02:43,720
Please begin your comments by stating

81
00:02:43,720 --> 00:02:45,320
your name and the city of residence.

82
00:02:45,320 --> 00:02:47,520
You'll have 2 minutes to speak. Do we

83
00:02:47,520 --> 00:02:52,150
have any public comment right now?

84
00:02:52,160 --> 00:02:53,320
All right, seeing no public comment,

85
00:02:53,320 --> 00:02:56,360
we'll move on to council business.

86
00:02:56,360 --> 00:02:58,160
First of all, we have an implied motion

87
00:02:58,160 --> 00:03:01,680
on a resolution to place 5.079

88
00:03:01,680 --> 00:03:03,720
acres of real property generally located

89
00:03:03,720 --> 00:03:06,000
to the south of the Epic Sports Park on

90
00:03:06,000 --> 00:03:07,920
Lakeview Parkway on the surplus property

91
00:03:07,920 --> 00:03:10,720
list. This was presented to us by Cody

92
00:03:10,720 --> 00:03:12,280
Hill. He's our division director of

93
00:03:12,280 --> 00:03:13,840
economic development.

94
00:03:13,840 --> 00:03:16,959
>> Chair, we skipped item number one.

95
00:03:16,959 --> 00:03:20,949
The presentation.

96
00:03:20,959 --> 00:03:22,400
» Yes, we did.

97
00:03:22,400 --> 00:03:24,320
Thank you.

98
00:03:24,320 --> 00:03:26,519
All right, sorry, Cody. You're delayed.

99
00:03:26,519 --> 00:03:27,600
Um

100
00:03:27,600 --> 00:03:28,239
First of all, we're going to do a

101
00:03:28,239 --> 00:03:31,880
presentation regarding the 2027 Provo

102
00:03:31,880 --> 00:03:33,519
City Citizens Budget. And this will be

103
00:03:33,519 --> 00:03:36,680
presented by um Britain.

104
00:03:36,680 --> 00:03:38,920
Yes. He is our new council office

105
00:03:38,920 --> 00:03:41,120
intern, and the citizens budget is

106
00:03:41,120 --> 00:03:42,400
something that we choose to do as a

107
00:03:42,400 --> 00:03:44,120
council to kind of just do an

108
00:03:44,120 --> 00:03:46,239
easy-to-understand

109
00:03:46,239 --> 00:03:50,710
overview of the entire budget.

110
00:03:50,720 --> 00:03:51,680
» Couldn't have said it better myself.

111
00:03:51,680 --> 00:03:53,360
Thank you. Um

112
00:03:53,360 --> 00:03:55,240
counselors, uh here to present the

113
00:03:55,240 --> 00:03:57,680
citizens budget today for the fiscal

114
00:03:57,680 --> 00:03:59,360
year 2027,

115
00:03:59,360 --> 00:04:01,800
um which will begin July 1st of this

116
00:04:01,800 --> 00:04:03,200
calendar year.

117
00:04:03,200 --> 00:04:06,440
Um and this citizens budget is meant to

118
00:04:06,440 --> 00:04:09,680
highlight some of the key components of

119
00:04:09,680 --> 00:04:11,560
the full tentative budget and is based

120
00:04:11,560 --> 00:04:12,760
off of

121
00:04:12,760 --> 00:04:14,840
um that document, which will is linked

122
00:04:14,840 --> 00:04:16,200
at the bottom,

123
00:04:16,200 --> 00:04:20,630
um which we'll get to in a minute.

124
00:04:20,640 --> 00:04:22,800
Here's my clicker. Perfect. Okay. So,

125
00:04:22,800 --> 00:04:24,200
the first page here is the revenue

126
00:04:24,200 --> 00:04:25,320
summary.

127
00:04:25,320 --> 00:04:28,040
Um and for total revenues and transfers

128
00:04:28,040 --> 00:04:31,120
in projected for the fiscal year 2027,

129
00:04:31,120 --> 00:04:33,440
uh we're anticipating approximately

130
00:04:33,440 --> 00:04:35,080
$334.62

131
00:04:35,080 --> 00:04:39,160
million. Um and that's derived um from

132
00:04:39,160 --> 00:04:40,880
three um

133
00:04:40,880 --> 00:04:43,120
main revenue sources, which include the

134
00:04:43,120 --> 00:04:45,480
sales of utility services,

135
00:04:45,480 --> 00:04:47,720
fees, and sales tax.

136
00:04:47,720 --> 00:04:50,160
Um and below there's a graph showing the

137
00:04:50,160 --> 00:04:51,800
total revenues and transfers in from the

138
00:04:51,800 --> 00:04:53,480
past five

139
00:04:53,480 --> 00:04:57,200
uh fiscal years, from 2023 to today.

140
00:04:57,200 --> 00:05:00,440
Um there's also a section to the right

141
00:05:00,440 --> 00:05:02,000
um explaining

142
00:05:02,000 --> 00:05:03,480
a little bit more about the taxes and

143
00:05:03,480 --> 00:05:05,440
fees that Provo City

144
00:05:05,440 --> 00:05:06,720
um

145
00:05:06,720 --> 00:05:09,320
charges, as well as how some of the

146
00:05:09,320 --> 00:05:10,600
transfers work.

147
00:05:10,600 --> 00:05:13,919
Um the bottom paragraph explains briefly

148
00:05:13,919 --> 00:05:14,960
um

149
00:05:14,960 --> 00:05:17,360
our sales tax revenue projection.

150
00:05:17,360 --> 00:05:19,080
Um and I'm pleased to announce that

151
00:05:19,080 --> 00:05:22,040
there has There's about a 14% increase

152
00:05:22,040 --> 00:05:23,720
from what was budgeted for the fiscal

153
00:05:23,720 --> 00:05:26,160
year 2026 and what we anticipate

154
00:05:26,160 --> 00:05:28,680
um actually um receiving.

155
00:05:28,680 --> 00:05:32,680
So, that is um also

156
00:05:32,680 --> 00:05:34,440
shown in the budget for fiscal year

157
00:05:34,440 --> 00:05:36,600
2027. We have a little bit higher sales

158
00:05:36,600 --> 00:05:38,760
tax revenue projection, which is

159
00:05:38,760 --> 00:05:43,040
approximately $30.26 million. Um and

160
00:05:43,040 --> 00:05:45,760
Um onto expenses, our total expenditures

161
00:05:45,760 --> 00:05:48,040
and transfers out projected for fiscal

162
00:05:48,040 --> 00:05:51,160
year 2027 is $341.6

163
00:05:51,160 --> 00:05:52,440
million

164
00:05:52,440 --> 00:05:55,440
and to the left is another graphic

165
00:05:55,440 --> 00:05:57,040
showing

166
00:05:57,040 --> 00:05:58,640
total expenditures and transfers out for

167
00:05:58,640 --> 00:06:01,640
the last five fiscal years.

168
00:06:01,640 --> 00:06:04,200
The most significant expenses come from

169
00:06:04,200 --> 00:06:06,200
enterprise funds, so

170
00:06:06,200 --> 00:06:09,040
our airport and utilities. The general

171
00:06:09,040 --> 00:06:11,680
fund and then internal service funds.

172
00:06:11,680 --> 00:06:15,080
Below that is a little explainer bubble

173
00:06:15,080 --> 00:06:16,960
talking about the six different funds

174
00:06:16,960 --> 00:06:21,400
that comprise the entire city budget. Um

175
00:06:21,400 --> 00:06:23,600
which you can read about.

176
00:06:23,600 --> 00:06:26,840
As well, we have an explainer about

177
00:06:26,840 --> 00:06:28,640
general fund expenditure expenditures

178
00:06:28,640 --> 00:06:30,640
and transfers out that are

179
00:06:30,640 --> 00:06:33,320
being recommended for fiscal year 2027.

180
00:06:33,320 --> 00:06:36,480
Um which is approximately $94.22

181
00:06:36,480 --> 00:06:40,160
million. Um as well as a graphic to the

182
00:06:40,160 --> 00:06:42,080
right of all of the different

183
00:06:42,080 --> 00:06:44,000
departments and their general fund

184
00:06:44,000 --> 00:06:45,360
expenses.

185
00:06:45,360 --> 00:06:48,800
Um expected in fiscal year 2027. The top

186
00:06:48,800 --> 00:06:52,960
three being police at 27.9 million, fire

187
00:06:52,960 --> 00:06:55,600
at 16.8 million and parks at

188
00:06:55,600 --> 00:06:58,680
approximately 15.3 million.

189
00:06:58,680 --> 00:06:59,760
Uh

190
00:06:59,760 --> 00:07:01,960
the capital projects page here

191
00:07:01,960 --> 00:07:04,320
shows our capital

192
00:07:04,320 --> 00:07:06,240
improvement plan budget which is

193
00:07:06,240 --> 00:07:09,200
approximately $57.79 million for this

194
00:07:09,200 --> 00:07:10,720
upcoming fiscal year.

195
00:07:10,720 --> 00:07:13,680
Um as well as a breakdown of the

196
00:07:13,680 --> 00:07:14,840
different departments and their

197
00:07:14,840 --> 00:07:17,280
anticipated capital project costs.

198
00:07:17,280 --> 00:07:19,800
Um the top three being wastewater at

199
00:07:19,800 --> 00:07:22,960
approximately $14.8 million, energy at

200
00:07:22,960 --> 00:07:24,480
13.03

201
00:07:24,480 --> 00:07:26,840
million and our water department at

202
00:07:26,840 --> 00:07:31,720
7.88. Um below that we have given a

203
00:07:31,720 --> 00:07:34,280
little explainer on some significant

204
00:07:34,280 --> 00:07:35,800
capital projects that you can expect to

205
00:07:35,800 --> 00:07:37,960
see in fiscal year 2027.

206
00:07:37,960 --> 00:07:39,040
Um

207
00:07:39,040 --> 00:07:40,480
all of them have to do with water in

208
00:07:40,480 --> 00:07:41,919
some way.

209
00:07:41,919 --> 00:07:43,560
Um and one that I specifically wanted to

210
00:07:43,560 --> 00:07:44,800
highlight was the drinking water

211
00:07:44,800 --> 00:07:46,640
treatment plant that is entering its

212
00:07:46,640 --> 00:07:48,920
final phase of construction here in fall

213
00:07:48,920 --> 00:07:51,520
of 2026 with the plant um, projected to

214
00:07:51,520 --> 00:07:54,400
be open next calendar year. Um, and it

215
00:07:54,400 --> 00:07:57,960
will transform water into drinking

216
00:07:57,960 --> 00:08:00,720
quality water, which we all need. Um,

217
00:08:00,720 --> 00:08:02,640
and if you're interested in learning

218
00:08:02,640 --> 00:08:04,280
more about um,

219
00:08:04,280 --> 00:08:06,160
additional capital projects in the

220
00:08:06,160 --> 00:08:07,720
future that usually span more than a

221
00:08:07,720 --> 00:08:09,920
year, um, the full five-year capital

222
00:08:09,920 --> 00:08:11,800
improvement plan uh, can be viewed at

223
00:08:11,800 --> 00:08:13,680
the bottom of the page.

224
00:08:13,680 --> 00:08:15,800
Um, utility rates and rebates is a new

225
00:08:15,800 --> 00:08:18,080
page that I added this year.

226
00:08:18,080 --> 00:08:19,840
Um, or I should say the Municipal

227
00:08:19,840 --> 00:08:23,280
Council staff. Um, and

228
00:08:23,280 --> 00:08:24,919
on the page it explains a little bit

229
00:08:24,919 --> 00:08:26,640
about some utility rate adjustments that

230
00:08:26,640 --> 00:08:28,600
are proposed in the tentative budget for

231
00:08:28,600 --> 00:08:31,200
fiscal year 2027, including a 6%

232
00:08:31,200 --> 00:08:33,039
increase uh, for residential water

233
00:08:33,039 --> 00:08:36,479
rates, as well as a 4% increase for

234
00:08:36,479 --> 00:08:38,719
small commercial, 7% for large

235
00:08:38,719 --> 00:08:40,800
commercial, and 10% increase for

236
00:08:40,800 --> 00:08:42,360
industrial power customers to

237
00:08:42,360 --> 00:08:45,160
electricity rates. Um, I do want to note

238
00:08:45,160 --> 00:08:46,960
though that no increases are expected

239
00:08:46,960 --> 00:08:49,200
for residential power customers this

240
00:08:49,200 --> 00:08:50,720
upcoming fiscal year.

241
00:08:50,720 --> 00:08:51,800
Which is great.

242
00:08:51,800 --> 00:08:54,040
Uh, additionally on this page there are

243
00:08:54,040 --> 00:08:56,000
some resources for residents and

244
00:08:56,000 --> 00:08:59,520
business owners um, for utility rebates

245
00:08:59,520 --> 00:09:01,120
and sustainability programs to help

246
00:09:01,120 --> 00:09:03,440
offset some of the uh, increased costs

247
00:09:03,440 --> 00:09:05,640
of providing high-quality utilities to

248
00:09:05,640 --> 00:09:08,360
the city. Some of those include um,

249
00:09:08,360 --> 00:09:11,640
discounts on sprinkler controllers so,

250
00:09:11,640 --> 00:09:13,600
to help save water during this drought

251
00:09:13,600 --> 00:09:16,160
season. Um, shade trees that are

252
00:09:16,160 --> 00:09:17,880
absolutely free once every three years

253
00:09:17,880 --> 00:09:19,440
you can uh, they're eligible any

254
00:09:19,440 --> 00:09:21,680
residents are eligible for that. Um, and

255
00:09:21,680 --> 00:09:25,040
then rebates on sprinkler heads.

256
00:09:25,040 --> 00:09:27,640
Um, the funding and saving page uh,

257
00:09:27,640 --> 00:09:30,640
analyzes some ways that Provo City is

258
00:09:30,640 --> 00:09:33,320
trying to uh, operate more efficiently

259
00:09:33,320 --> 00:09:37,400
by cutting on expenses and um,

260
00:09:37,400 --> 00:09:39,120
improving revenue.

261
00:09:39,120 --> 00:09:41,920
Um and I've chosen to highlight five of

262
00:09:41,920 --> 00:09:43,440
the things from the budget that both the

263
00:09:43,440 --> 00:09:45,520
council, the mayor's office, and city

264
00:09:45,520 --> 00:09:46,520
staff

265
00:09:46,520 --> 00:09:48,600
um have attempted to do. Um

266
00:09:48,600 --> 00:09:50,680
one of those is a stricter

267
00:09:50,680 --> 00:09:53,360
approach to supplemental appropriations.

268
00:09:53,360 --> 00:09:54,640
So, department directors are now being

269
00:09:54,640 --> 00:09:56,680
asked to identify potential funding

270
00:09:56,680 --> 00:10:00,440
sources for every proposed project um

271
00:10:00,440 --> 00:10:02,680
ahead of time, which is a big deal.

272
00:10:02,680 --> 00:10:04,960
Uh secondly, is establishing an annual

273
00:10:04,960 --> 00:10:09,760
vehicle fleet budget. Uh wasn't a defined budget previously.

274
00:10:09,760 --> 00:10:11,680
Um addressing operational overtime in

275
00:10:11,680 --> 00:10:13,680
the fire department. Um and we've been

276
00:10:13,680 --> 00:10:16,280
able to hire more fire officers or

277
00:10:16,280 --> 00:10:18,200
firefighters, excuse me,

278
00:10:18,200 --> 00:10:20,560
um and lower their overtime costs, um

279
00:10:20,560 --> 00:10:22,360
saving the city money.

280
00:10:22,360 --> 00:10:24,880
Um investing in an economic development

281
00:10:24,880 --> 00:10:26,560
strategic plan has been one of the

282
00:10:26,560 --> 00:10:28,120
priorities of the council that I wanted

283
00:10:28,120 --> 00:10:29,280
to highlight. And then lastly, is

284
00:10:29,280 --> 00:10:31,920
improving building permit processes. Um

285
00:10:31,920 --> 00:10:33,080
and we've been able to add a new

286
00:10:33,080 --> 00:10:34,680
building inspector under this proposed

287
00:10:34,680 --> 00:10:37,920
budget at no cost to the general fund.

288
00:10:37,920 --> 00:10:39,760
Uh moving forward,

289
00:10:39,760 --> 00:10:40,600
um

290
00:10:40,600 --> 00:10:43,440
Provo is a great city and um that's been

291
00:10:43,440 --> 00:10:45,080
recognized by others. So, there's a

292
00:10:45,080 --> 00:10:47,040
little section about some achievements

293
00:10:47,040 --> 00:10:48,720
and rankings for the city of Provo, as

294
00:10:48,720 --> 00:10:52,760
well as the community vision that was um

295
00:10:52,760 --> 00:10:56,600
created in 2010 by the um Vision 2030

296
00:10:56,600 --> 00:10:59,520
steering committee and Provo city staff.

297
00:10:59,520 --> 00:11:01,120
Um and then at the very bottom is a

298
00:11:01,120 --> 00:11:03,920
little looking ahead um paragraph

299
00:11:03,920 --> 00:11:06,880
talking about how um this proposed

300
00:11:06,880 --> 00:11:09,880
budget meets those community aims.

301
00:11:09,880 --> 00:11:12,280
And then lastly, is contact information

302
00:11:12,280 --> 00:11:14,160
for all the councilors and the mayor, as

303
00:11:14,160 --> 00:11:16,240
well as a little explainer on how to get

304
00:11:16,240 --> 00:11:18,400
involved in the budget process

305
00:11:18,400 --> 00:11:18,960
um

306
00:11:18,960 --> 00:11:20,839
if you are a citizen interested in

307
00:11:20,839 --> 00:11:23,120
learning more. Um

308
00:11:23,120 --> 00:11:26,120
and at the very bottom is uh

309
00:11:26,120 --> 00:11:29,120
a link to the full fiscal year 2027

310
00:11:29,120 --> 00:11:31,600
tentative budget. Um I'll now welcome

311
00:11:31,600 --> 00:11:33,000
any questions if you have any. Thank

312
00:11:33,000 --> 00:11:34,360
you.

313
00:11:34,360 --> 00:11:37,320
>> Any questions for Britain?

314
00:11:37,320 --> 00:11:38,560
I think we're good. Thank you so much

315
00:11:38,560 --> 00:11:39,200
for doing that.

316
00:11:39,200 --> 00:11:40,000
>> Awesome.

317
00:11:40,000 --> 00:11:41,000
>> We'd like to recognize that we've been

318
00:11:41,000 --> 00:11:42,880
joined by Councillor Travis Hoban and

319
00:11:42,880 --> 00:11:45,400
the Mayor Marsha Judkins.

320
00:11:45,400 --> 00:11:47,440
Next is an implied motion on Now's your

321
00:11:47,440 --> 00:11:49,400
chance, Cody. A resolution to place

322
00:11:49,400 --> 00:11:52,280
5.079 acres of real property Jerry

323
00:11:52,280 --> 00:11:54,040
located to the south of the Epic Sports

324
00:11:54,040 --> 00:11:55,840
Park on Lakeview Parkway on the surplus

325
00:11:55,840 --> 00:11:59,510
list.

326
00:11:59,520 --> 00:12:01,680
» Thank you, Council. Appreciate it. Um,

327
00:12:01,680 --> 00:12:04,080
so yeah, I'm here to discuss the

328
00:12:04,080 --> 00:12:05,840
surplussing of this property. It is

329
00:12:05,840 --> 00:12:07,800
located just south of the Epic Sports

330
00:12:07,800 --> 00:12:10,760
Park. It is about 5.

331
00:12:10,760 --> 00:12:14,080
Uh, 079 acres. It was originally

332
00:12:14,080 --> 00:12:16,360
included in the purchase for the land

333
00:12:16,360 --> 00:12:17,920
for the Epic Sports Park, which is just

334
00:12:17,920 --> 00:12:20,600
over 100 acres. And then looking ahead,

335
00:12:20,600 --> 00:12:21,600
the

336
00:12:21,600 --> 00:12:22,840
um,

337
00:12:22,840 --> 00:12:24,320
Development Services Department worked

338
00:12:24,320 --> 00:12:28,080
with Parks and Recreation to to zone the

339
00:12:28,080 --> 00:12:29,760
bottom portion of it, that 5 acres on

340
00:12:29,760 --> 00:12:32,960
the bottom as SC2. So, uh, commercial

341
00:12:32,960 --> 00:12:35,839
for that area. And

342
00:12:35,839 --> 00:12:37,200
we've been discussing this in the in the

343
00:12:37,200 --> 00:12:39,480
previous work session about the the RFP

344
00:12:39,480 --> 00:12:41,480
that went out for it. Um, and so the

345
00:12:41,480 --> 00:12:44,520
city is contemplating its development

346
00:12:44,520 --> 00:12:46,200
and looking at surplussing it so that it

347
00:12:46,200 --> 00:12:49,520
could be sold and developed. Um, and I'm

348
00:12:49,520 --> 00:12:51,760
happy to field any questions, additional

349
00:12:51,760 --> 00:12:53,280
questions you have about this property.

350
00:12:53,280 --> 00:12:54,600
But I feel like we've been talking about

351
00:12:54,600 --> 00:13:00,829
it quite a bit lately.

352
00:13:00,839 --> 00:13:04,400
» All right, any questions for Cody?

353
00:13:04,400 --> 00:13:07,160
All right, thank you.

354
00:13:07,160 --> 00:13:09,000
Brian, I did do open public comment

355
00:13:09,000 --> 00:13:11,360
before I went back and did

356
00:13:11,360 --> 00:13:12,120
>> Okay.

357
00:13:12,120 --> 00:13:12,520
>> Got you.

358
00:13:12,520 --> 00:13:13,320
>> Thanks for checking.

359
00:13:13,320 --> 00:13:15,120
>> I asked, well, never mind. Go ahead.

360
00:13:15,120 --> 00:13:17,710
Great.

361
00:13:17,720 --> 00:13:20,600
» Okay. Is there any public comment on,

362
00:13:20,600 --> 00:13:21,600
um,

363
00:13:21,600 --> 00:13:23,200
the surplus property of Lakeview

364
00:13:23,200 --> 00:13:27,670
Parkway?

365
00:13:27,680 --> 00:13:29,200
All right, seeing no public comment, any

366
00:13:29,200 --> 00:13:32,830
council discussion on this item?

367
00:13:32,840 --> 00:13:34,520
All right, we will do a vote on the

368
00:13:34,520 --> 00:13:36,240
implied Oh.

369
00:13:36,240 --> 00:13:37,600
Councilor Whitlock.

370
00:13:37,600 --> 00:13:40,240
>> If if I may just cuz I think sometimes

371
00:13:40,240 --> 00:13:41,640
the way in which [clears throat] these

372
00:13:41,640 --> 00:13:44,000
things get decided, the surplus property

373
00:13:44,000 --> 00:13:45,560
action happens sometimes before everyone

374
00:13:45,560 --> 00:13:47,480
has the full context. So, this is just

375
00:13:47,480 --> 00:13:49,920
by the airport and there's if you look

376
00:13:49,920 --> 00:13:50,920
in the work meeting, there's a really

377
00:13:50,920 --> 00:13:54,040
nice plan for a hotel and some

378
00:13:54,040 --> 00:13:55,640
restaurants next to the Epicenter Sports

379
00:13:55,640 --> 00:13:57,000
Park. So, we're putting this as a

380
00:13:57,000 --> 00:13:58,680
procedural thing we need to do in order

381
00:13:58,680 --> 00:14:00,880
to make that happen for people who use

382
00:14:00,880 --> 00:14:02,000
the airport and the Epicenter Sports

383
00:14:02,000 --> 00:14:04,670
Park.

384
00:14:04,680 --> 00:14:07,120
» Thank you. All right, next

385
00:14:07,120 --> 00:14:08,720
we'll do a vote on the implied motion.

386
00:14:08,720 --> 00:14:10,080
Councilor Garrett.

387
00:14:10,080 --> 00:14:10,680
>> Yes.

388
00:14:10,680 --> 00:14:12,400
>> Councilor McKay, yes. Councilor

389
00:14:12,400 --> 00:14:13,080
Christensen.

390
00:14:13,080 --> 00:14:13,760
>> Yes.

391
00:14:13,760 --> 00:14:14,840
>> Councilor Whitlock.

392
00:14:14,840 --> 00:14:15,360
>> Yes.

393
00:14:15,360 --> 00:14:16,240
>> Councilor Bogdan.

394
00:14:16,240 --> 00:14:16,800
>> Yes.

395
00:14:16,800 --> 00:14:17,720
>> Councilor Houben.

396
00:14:17,720 --> 00:14:18,200
>> Yes.

397
00:14:18,200 --> 00:14:19,280
>> And Councilor Whipple.

398
00:14:19,280 --> 00:14:20,080
>> Yes.

399
00:14:20,080 --> 00:14:22,200
>> That passes 7-0.

400
00:14:22,200 --> 00:14:23,440
Next, we have an implied motion and

401
00:14:23,440 --> 00:14:24,680
ordinance amending the zone map

402
00:14:24,680 --> 00:14:26,960
classification of real property

403
00:14:26,960 --> 00:14:29,480
generally located at 5568 North Canyon

404
00:14:29,480 --> 00:14:32,040
Road from the medium density residential

405
00:14:32,040 --> 00:14:35,080
MDR zone to the Arbors on the Avenue Pro

406
00:14:35,080 --> 00:14:37,720
A-10 zone, North Timpview.

407
00:14:37,720 --> 00:14:38,880
And this will be presented by Aaron

408
00:14:38,880 --> 00:14:42,040
Ardmore, our planning supervisor.

409
00:14:42,040 --> 00:14:45,200
>> Thank you, Council. So, this is uh

410
00:14:45,200 --> 00:14:46,480
maybe the third time you've seen this

411
00:14:46,480 --> 00:14:48,080
property come before you.

412
00:14:48,080 --> 00:14:50,320
Um so, if you recall, those of you that

413
00:14:50,320 --> 00:14:52,640
were on the council last year approved

414
00:14:52,640 --> 00:14:54,600
the medium density residential zone

415
00:14:54,600 --> 00:14:56,520
that's shown on the map on the left

416
00:14:56,520 --> 00:14:58,280
along with a development agreement to

417
00:14:58,280 --> 00:15:02,040
tie it down to 16 uh town home units.

418
00:15:02,040 --> 00:15:04,000
Uh so, the developer has come back now

419
00:15:04,000 --> 00:15:05,600
with uh

420
00:15:05,600 --> 00:15:07,680
new uh

421
00:15:07,680 --> 00:15:09,640
proposal to

422
00:15:09,640 --> 00:15:12,960
produce 46 condo units using the Arbors

423
00:15:12,960 --> 00:15:14,800
on the Avenue zone.

424
00:15:14,800 --> 00:15:17,520
Um so, this has gone through staff

425
00:15:17,520 --> 00:15:19,800
review and planning commission. Uh the

426
00:15:19,800 --> 00:15:22,400
concept essentially shows that it can

427
00:15:22,400 --> 00:15:24,880
meet the zone if if approved.

428
00:15:24,880 --> 00:15:26,840
Part of this is also

429
00:15:26,840 --> 00:15:28,320
amendment of the development agreement

430
00:15:28,320 --> 00:15:30,680
on record that's recorded at the county

431
00:15:30,680 --> 00:15:32,800
to to reflect the changes with this

432
00:15:32,800 --> 00:15:33,960
proposal.

433
00:15:33,960 --> 00:15:35,160
So that's what's before you and I'm

434
00:15:35,160 --> 00:15:36,720
happy to address any questions and the

435
00:15:36,720 --> 00:15:38,560
applicant is also here to address any

436
00:15:38,560 --> 00:15:39,960
questions you might have.

437
00:15:39,960 --> 00:15:41,680
>> Thanks Aaron.

438
00:15:41,680 --> 00:15:46,310
All right, any questions for Aaron?

439
00:15:46,320 --> 00:15:48,280
Councilor Christensen.

440
00:15:48,280 --> 00:15:49,560
>> So

441
00:15:49,560 --> 00:15:51,000
it just be helpful to know about the

442
00:15:51,000 --> 00:15:52,600
sewer capacity

443
00:15:52,600 --> 00:15:54,120
that we did not talk about in the work

444
00:15:54,120 --> 00:15:56,160
meeting.

445
00:15:56,160 --> 00:15:58,840
I'm just curious as to how this now

446
00:15:58,840 --> 00:16:01,680
works and it didn't before.

447
00:16:01,680 --> 00:16:03,280
>> I can't speak to sewer capacity but if

448
00:16:03,280 --> 00:16:04,400
there's someone from public works here

449
00:16:04,400 --> 00:16:05,960
that can that would be Looks like there

450
00:16:05,960 --> 00:16:06,440
is.

451
00:16:06,440 --> 00:16:08,320
>> Okay, great.

452
00:16:08,320 --> 00:16:10,000
>> We have Gordon Haight joining us. He's

453
00:16:10,000 --> 00:16:12,960
our public works director.

454
00:16:12,960 --> 00:16:14,040
>> Thank you.

455
00:16:14,040 --> 00:16:15,560
No, that that's an important question.

456
00:16:15,560 --> 00:16:17,840
So when they first came through the city

457
00:16:17,840 --> 00:16:20,240
had gone through with its master plan

458
00:16:20,240 --> 00:16:22,680
and looked at the cap the uh

459
00:16:22,680 --> 00:16:24,920
the city master plan and allocated for

460
00:16:24,920 --> 00:16:28,160
undeveloped property how many

461
00:16:28,160 --> 00:16:30,560
sewer spaces or connections would be

462
00:16:30,560 --> 00:16:32,000
allowed on each of those properties.

463
00:16:32,000 --> 00:16:34,160
This property was in the general plan of

464
00:16:34,160 --> 00:16:37,320
12 units per acre or total of 12 units.

465
00:16:37,320 --> 00:16:40,120
And so we had allocated all the capacity

466
00:16:40,120 --> 00:16:42,320
in the southwest

467
00:16:42,320 --> 00:16:44,640
um knowing that we had some

468
00:16:44,640 --> 00:16:46,000
until excuse me the northwest

469
00:16:46,000 --> 00:16:46,880
>> northwest

470
00:16:46,880 --> 00:16:49,560
>> northeast section based upon some

471
00:16:49,560 --> 00:16:51,720
capacity restraints.

472
00:16:51,720 --> 00:16:53,640
Since that time we have looked at some

473
00:16:53,640 --> 00:16:55,560
properties that we have

474
00:16:55,560 --> 00:16:58,440
we had large apartment projects and

475
00:16:58,440 --> 00:17:00,600
others that did not come through that

476
00:17:00,600 --> 00:17:03,080
had different zonings and so we were

477
00:17:03,080 --> 00:17:06,000
still we were able to allocate

478
00:17:06,000 --> 00:17:08,439
units to this area after we did the mask

479
00:17:08,439 --> 00:17:10,560
after the master plan was adopted by the

480
00:17:10,560 --> 00:17:11,640
city

481
00:17:11,640 --> 00:17:13,120
and we looked at that we said okay let's

482
00:17:13,120 --> 00:17:17,600
pull some of these and we have the capacity for this. It's

483
00:17:17,600 --> 00:17:19,600
still tight. I think we've we've ended

484
00:17:19,600 --> 00:17:24,040
up with um after this project 150

485
00:17:24,040 --> 00:17:26,079
connections, but some of those again are

486
00:17:26,079 --> 00:17:28,280
allocated for undeveloped property that

487
00:17:28,280 --> 00:17:32,200
we say will develop in the future. So,

488
00:17:32,200 --> 00:17:34,440
we if there's a up-zone on some of those

489
00:17:34,440 --> 00:17:36,080
properties, it could be a real challenge

490
00:17:36,080 --> 00:17:37,400
for us and we may not be able to do

491
00:17:37,400 --> 00:17:40,040
that. So, this project is taking more

492
00:17:40,040 --> 00:17:42,000
than the 12 we had allocated for it. We

493
00:17:42,000 --> 00:17:43,800
can do that because of

494
00:17:43,800 --> 00:17:47,360
allocations that we now believe are

495
00:17:47,360 --> 00:17:48,600
what's really going to happen with the

496
00:17:48,600 --> 00:17:49,200
master

497
00:17:49,200 --> 00:17:50,960
>> initially it was 12 and now it's going

498
00:17:50,960 --> 00:17:52,240
up to 40.

499
00:17:52,240 --> 00:17:53,400
>> 48.

500
00:17:53,400 --> 00:17:55,400
>> Um

501
00:17:55,400 --> 00:17:58,480
So, does that put in jeopardy uh

502
00:17:58,480 --> 00:18:02,640
these I'm just wondering how tight that threshold is. What are we trading

503
00:18:02,640 --> 00:18:03,120
on?

504
00:18:03,120 --> 00:18:04,600
>> we believe that going ahead and

505
00:18:04,600 --> 00:18:05,960
approving this is going to be fine cuz

506
00:18:05,960 --> 00:18:07,680
we've looked at all the properties based

507
00:18:07,680 --> 00:18:09,480
upon the master plan the city council

508
00:18:09,480 --> 00:18:12,280
adopted and we have the capacity to meet

509
00:18:12,280 --> 00:18:14,360
that. Now, if something comes in and

510
00:18:14,360 --> 00:18:18,280
zones over that, would be a challenge.

511
00:18:18,280 --> 00:18:21,680
>> Okay. All right, thanks Kurt.

512
00:18:21,680 --> 00:18:23,000
>> All right, any other questions for

513
00:18:23,000 --> 00:18:25,000
Aaron?

514
00:18:25,000 --> 00:18:27,880
Councilor Whitlock.

515
00:18:27,880 --> 00:18:29,160
>> Um

516
00:18:29,160 --> 00:18:31,600
I I just had a question. So, this was

517
00:18:31,600 --> 00:18:33,800
previously there was a previous

518
00:18:33,800 --> 00:18:35,320
development agreement that was

519
00:18:35,320 --> 00:18:36,800
associated with this project, right?

520
00:18:36,800 --> 00:18:37,360
>> Correct.

521
00:18:37,360 --> 00:18:39,320
>> And are we still operating under that

522
00:18:39,320 --> 00:18:41,160
previous development agreement?

523
00:18:41,160 --> 00:18:43,240
>> As of right now we are.

524
00:18:43,240 --> 00:18:45,720
>> So, um can you just some questions about

525
00:18:45,720 --> 00:18:48,960
that? Um so, one was there any uh owner

526
00:18:48,960 --> 00:18:50,720
occupancy stipulated in that development

527
00:18:50,720 --> 00:18:51,240
agreement?

528
00:18:51,240 --> 00:18:51,880
>> There was.

529
00:18:51,880 --> 00:18:53,560
>> Can you explain?

530
00:18:53,560 --> 00:18:56,280
>> Yes, so it it's that portion of it has

531
00:18:56,280 --> 00:18:57,480
been continued in the proposed

532
00:18:57,480 --> 00:18:59,200
development agreement for tonight uh

533
00:18:59,200 --> 00:19:01,360
where the developer has committed to

534
00:19:01,360 --> 00:19:04,320
provide at least 50% of uh deed

535
00:19:04,320 --> 00:19:06,840
restricted owner occupant uh units

536
00:19:06,840 --> 00:19:08,280
within the project.

537
00:19:08,280 --> 00:19:11,040
>> And answer this as you're able, but part

538
00:19:11,040 --> 00:19:14,400
of the I guess justification to the

539
00:19:14,400 --> 00:19:17,280
public for more units but smaller is

540
00:19:17,280 --> 00:19:18,840
that these would perhaps be more

541
00:19:18,840 --> 00:19:20,320
affordable. Do you can you speak to

542
00:19:20,320 --> 00:19:21,640
maybe what the cost of these would be?

543
00:19:21,640 --> 00:19:22,720
>> Yeah. Uh

544
00:19:22,720 --> 00:19:25,560
David uh Peronje can can speak to that

545
00:19:25,560 --> 00:19:27,200
much more than I can but yes the the

546
00:19:27,200 --> 00:19:29,000
units that they were looking at before

547
00:19:29,000 --> 00:19:31,280
were going to be quite expensive um and

548
00:19:31,280 --> 00:19:33,480
be kind of counter to what the city has

549
00:19:33,480 --> 00:19:36,000
focused on with affordability.

550
00:19:36,000 --> 00:19:38,360
>> And then in the neighborhood meeting it

551
00:19:38,360 --> 00:19:42,520
seemed the primary concern for those who didn't want this development was

552
00:19:42,520 --> 00:19:44,080
traffic. What in the development

553
00:19:44,080 --> 00:19:46,280
agreement would address those concerns?

554
00:19:46,280 --> 00:19:48,320
>> Um there's road improvements tied to

555
00:19:48,320 --> 00:19:50,840
this. Uh there's infrastructure utility

556
00:19:50,840 --> 00:19:53,520
improvements tied to this. So uh it will

557
00:19:53,520 --> 00:19:56,200
actually be a benefit to the area in the

558
00:19:56,200 --> 00:19:57,480
in that regard.

559
00:19:57,480 --> 00:19:58,840
>> So it'll actually improve the overall

560
00:19:58,840 --> 00:19:59,480
system.

561
00:19:59,480 --> 00:20:00,440
>> Correct.

562
00:20:00,440 --> 00:20:02,280
>> And then sorry I said last but one more.

563
00:20:02,280 --> 00:20:04,440
And then the current uh

564
00:20:04,440 --> 00:20:05,640
property is effectively like a

565
00:20:05,640 --> 00:20:07,840
discontinued gravel pit. Hot topic

566
00:20:07,840 --> 00:20:08,800
lately.

567
00:20:08,800 --> 00:20:09,360
>> Yes.

568
00:20:09,360 --> 00:20:09,880
>> Okay.

569
00:20:09,880 --> 00:20:10,600
>> Thank you.

570
00:20:10,600 --> 00:20:11,160
>> Yep.

571
00:20:11,160 --> 00:20:12,680
>> I have a question.

572
00:20:12,680 --> 00:20:13,880
>> Councilor Christiansen.

573
00:20:13,880 --> 00:20:15,520
>> And so what was the answer to the

574
00:20:15,520 --> 00:20:17,240
current uh

575
00:20:17,240 --> 00:20:19,240
development agreement in terms of owner

576
00:20:19,240 --> 00:20:20,320
occupancy?

577
00:20:20,320 --> 00:20:22,920
>> I believe it's the minimum of 50% of the

578
00:20:22,920 --> 00:20:23,560
units.

579
00:20:23,560 --> 00:20:24,960
>> The the existing?

580
00:20:24,960 --> 00:20:26,760
>> The existing.

581
00:20:26,760 --> 00:20:27,880
>> It's my understanding that that was

582
00:20:27,880 --> 00:20:30,560
actually 100% owner occupancy.

583
00:20:30,560 --> 00:20:32,320
>> I can I can look up the city the the

584
00:20:32,320 --> 00:20:33,600
county record and double check that but

585
00:20:33,600 --> 00:20:35,160
I believe it was the 50%.

586
00:20:35,160 --> 00:20:36,760
>> Okay, that that would be helpful to

587
00:20:36,760 --> 00:20:37,320
know.

588
00:20:37,320 --> 00:20:41,070
>> Okay.

589
00:20:41,080 --> 00:20:44,550
» Councilor Bogdan.

590
00:20:44,560 --> 00:20:46,680
» Okay, Aaron.

591
00:20:46,680 --> 00:20:47,560
So

592
00:20:47,560 --> 00:20:49,200
this includes the trails too if I

593
00:20:49,200 --> 00:20:51,760
remember right that existing

594
00:20:51,760 --> 00:20:53,840
agreement he's going to develop the

595
00:20:53,840 --> 00:20:54,320
trails.

596
00:20:54,320 --> 00:20:55,800
>> Yes, develop the trails to connect up to

597
00:20:55,800 --> 00:20:57,760
our current trail system.

598
00:20:57,760 --> 00:20:59,480
>> And then parking was also brought up in

599
00:20:59,480 --> 00:21:01,040
the neighborhood meeting.

600
00:21:01,040 --> 00:21:03,240
So they were concerned that it didn't

601
00:21:03,240 --> 00:21:04,360
have enough parking and there would be

602
00:21:04,360 --> 00:21:07,040
parking on the trail head up above.

603
00:21:07,040 --> 00:21:08,480
That's

604
00:21:08,480 --> 00:21:09,800
>> There were some concerns about parking,

605
00:21:09,800 --> 00:21:13,120
but the proposal the concept plan meets the

606
00:21:13,120 --> 00:21:14,960
parking standard for the city for the

607
00:21:14,960 --> 00:21:15,360
zone.

608
00:21:15,360 --> 00:21:17,160
>> Right, but how many What is it?

609
00:21:17,160 --> 00:21:18,520
2.something?

610
00:21:18,520 --> 00:21:20,320
>> 2.25 per unit.

611
00:21:20,320 --> 00:21:22,080
>> And then there's they're three-bedroom

612
00:21:22,080 --> 00:21:22,880
units.

613
00:21:22,880 --> 00:21:23,960
>> Yes.

614
00:21:23,960 --> 00:21:26,440
>> So, if you stick three students in there

615
00:21:26,440 --> 00:21:28,400
with three cars, it's still

616
00:21:28,400 --> 00:21:31,440
2.25 still not going to meet the demand.

617
00:21:31,440 --> 00:21:33,040
>> city standard.

618
00:21:33,040 --> 00:21:36,120
>> Yes, and so

619
00:21:36,120 --> 00:21:41,440
where would that third car sit?

620
00:21:41,440 --> 00:21:42,760
Theoretically, is it going to be parked

621
00:21:42,760 --> 00:21:44,440
on the road on Canyon Road? Is it going

622
00:21:44,440 --> 00:21:47,160
to be parked up on a trail head?

623
00:21:47,160 --> 00:21:49,440
>> You're talking about a theoretical cars.

624
00:21:49,440 --> 00:21:51,040
I I I can't respond to that. I don't

625
00:21:51,040 --> 00:21:53,240
know.

626
00:21:53,240 --> 00:21:55,040
It It meets the city standard. It meets

627
00:21:55,040 --> 00:21:56,160
the city standard, so that's what we

628
00:21:56,160 --> 00:21:57,360
review.

629
00:21:57,360 --> 00:21:57,920
>> Right.

630
00:21:57,920 --> 00:21:58,720
>> Yep.

631
00:21:58,720 --> 00:22:01,760
>> But, where do we project some of this

632
00:22:01,760 --> 00:22:03,760
over I mean, it couldn't probably go up

633
00:22:03,760 --> 00:22:05,480
to the trail head because trail head

634
00:22:05,480 --> 00:22:07,080
would be

635
00:22:07,080 --> 00:22:10,080
no parking from 11:00 to 5:00, right?

636
00:22:10,080 --> 00:22:11,320
>> Right, and there's no parking on the

637
00:22:11,320 --> 00:22:12,720
adjacent streets, so.

638
00:22:12,720 --> 00:22:14,720
>> There's no parking on Canyon Road?

639
00:22:14,720 --> 00:22:16,480
>> No, not section of Canyon Road, no.

640
00:22:16,480 --> 00:22:18,240
>> Okay, so that should take care of that

641
00:22:18,240 --> 00:22:18,960
issue.

642
00:22:18,960 --> 00:22:20,200
>> I would believe so.

643
00:22:20,200 --> 00:22:21,320
>> Okay, thank you.

644
00:22:21,320 --> 00:22:23,510
>> Yep.

645
00:22:23,520 --> 00:22:25,320
» Councilor Whipple.

646
00:22:25,320 --> 00:22:26,960
>> Yeah, I was just looking at the numbers,

647
00:22:26,960 --> 00:22:29,880
so 19 town homes even if all of those

648
00:22:29,880 --> 00:22:31,160
had been o-

649
00:22:31,160 --> 00:22:34,440
owner occupied, the proposal now for 46

650
00:22:34,440 --> 00:22:36,880
condos with half would give us, you

651
00:22:36,880 --> 00:22:38,360
know, 23.

652
00:22:38,360 --> 00:22:40,600
So, we would be getting more

653
00:22:40,600 --> 00:22:43,600
owner occupied units for sale with this

654
00:22:43,600 --> 00:22:44,840
change than we would have with the

655
00:22:44,840 --> 00:22:46,920
earlier one, and the price for each of

656
00:22:46,920 --> 00:22:48,560
them would probably be a little bit more

657
00:22:48,560 --> 00:22:49,880
affordable.

658
00:22:49,880 --> 00:22:50,880
Um

659
00:22:50,880 --> 00:22:52,600
I also just note that this was a

660
00:22:52,600 --> 00:22:54,720
difficult property to work with with the

661
00:22:54,720 --> 00:22:57,800
substation and the other issues that

662
00:22:57,800 --> 00:22:59,160
were going through and next to the

663
00:22:59,160 --> 00:23:00,360
property.

664
00:23:00,360 --> 00:23:02,160
Um

665
00:23:02,160 --> 00:23:07,240
I think that there was support for it earlier and it

666
00:23:07,240 --> 00:23:09,560
was just but for that sewer capacity

667
00:23:09,560 --> 00:23:10,960
issue

668
00:23:10,960 --> 00:23:12,200
that we weren't able to do this, but I

669
00:23:12,200 --> 00:23:13,920
think this proposal's probably better

670
00:23:13,920 --> 00:23:16,040
than what we were looking at in that

671
00:23:16,040 --> 00:23:23,550
earlier iteration.

672
00:23:23,560 --> 00:23:25,600
» Yeah. What's that?

673
00:23:25,600 --> 00:23:27,200
>> Councilor Christensen.

674
00:23:27,200 --> 00:23:30,400
>> Well, uh yes and no. Um the concern is

675
00:23:30,400 --> 00:23:33,480
also the

676
00:23:33,480 --> 00:23:35,280
uh there was discussion about it the

677
00:23:35,280 --> 00:23:37,640
density at this point coming down the

678
00:23:37,640 --> 00:23:39,560
Canyon Road, parking, all those things.

679
00:23:39,560 --> 00:23:41,800
So, again, the challenge it may meet the

680
00:23:41,800 --> 00:23:44,000
city standard. The question here is not

681
00:23:44,000 --> 00:23:46,360
just does it meet the city standard,

682
00:23:46,360 --> 00:23:48,120
but like where do you park? In the other

683
00:23:48,120 --> 00:23:50,000
place you can park on, you know, surface

684
00:23:50,000 --> 00:23:51,440
streets. There are no surface streets

685
00:23:51,440 --> 00:23:54,120
here. So, that could be a problem.

686
00:23:54,120 --> 00:23:56,960
And also the uh just the the density of

687
00:23:56,960 --> 00:23:58,920
this can be an issue, especially in this

688
00:23:58,920 --> 00:24:00,880
location. Uh you come down off that

689
00:24:00,880 --> 00:24:01,880
street.

690
00:24:01,880 --> 00:24:05,360
Um it's a it's a very challenging spot

691
00:24:05,360 --> 00:24:06,000
um

692
00:24:06,000 --> 00:24:07,720
for I think this kind of density. We

693
00:24:07,720 --> 00:24:11,150
also talked about that.

694
00:24:11,160 --> 00:24:12,920
» Do you want to talk to us, David, as the

695
00:24:12,920 --> 00:24:17,430
developer?

696
00:24:17,440 --> 00:24:18,920
» I want to talk about theoretical

697
00:24:18,920 --> 00:24:20,320
parking. That's how we're going to start

698
00:24:20,320 --> 00:24:23,040
today. I can opine on that. I know it's

699
00:24:23,040 --> 00:24:25,600
a big concern. So, I just want to walk

700
00:24:25,600 --> 00:24:27,920
you through what would happen here. Um

701
00:24:27,920 --> 00:24:30,040
so, somebody comes in, buys a condo,

702
00:24:30,040 --> 00:24:32,560
they get two parking spots, one

703
00:24:32,560 --> 00:24:35,600
underground and then one surface. With

704
00:24:35,600 --> 00:24:37,680
about I I think it's like eight or so

705
00:24:37,680 --> 00:24:39,360
would be able to pay an additional fee

706
00:24:39,360 --> 00:24:40,400
and they would be able to have two

707
00:24:40,400 --> 00:24:43,560
spaces uh underneath. That's how it sets

708
00:24:43,560 --> 00:24:44,960
up. That's how it's set up. Then,

709
00:24:44,960 --> 00:24:46,080
there'll be

710
00:24:46,080 --> 00:24:49,560
I forget 10 or 11 visitor parking spots

711
00:24:49,560 --> 00:24:50,960
uh right there.

712
00:24:50,960 --> 00:24:53,880
Um so, if somebody did that and they

713
00:24:53,880 --> 00:24:55,000
come, they say, "Well, I'm going to put

714
00:24:55,000 --> 00:24:57,280
my three college students in this

715
00:24:57,280 --> 00:24:58,320
place."

716
00:24:58,320 --> 00:24:59,680
The first thing they would have to

717
00:24:59,680 --> 00:25:02,040
figure out is are they carpooling or

718
00:25:02,040 --> 00:25:03,720
where are they going to park? And as we

719
00:25:03,720 --> 00:25:05,040
walk through here, there's not a

720
00:25:05,040 --> 00:25:07,680
somewhere to park in this area. Um all

721
00:25:07,680 --> 00:25:09,480
of the places that are available, you

722
00:25:09,480 --> 00:25:11,840
could walk across the street in

723
00:25:11,840 --> 00:25:13,200
University Avenue. There's a new

724
00:25:13,200 --> 00:25:15,160
crosswalk there and try and get away

725
00:25:15,160 --> 00:25:16,720
with it there for a while. You could try

726
00:25:16,720 --> 00:25:19,200
and get away with it in the you know, up

727
00:25:19,200 --> 00:25:20,920
top in the trailhead parking for a

728
00:25:20,920 --> 00:25:23,960
while. None of these are great long-term

729
00:25:23,960 --> 00:25:26,080
solutions. And so in the end, you just

730
00:25:26,080 --> 00:25:28,000
couldn't do it. If you're parking in the

731
00:25:28,000 --> 00:25:31,280
visitor parking provided on site, same

732
00:25:31,280 --> 00:25:34,120
thing. Neighbors, HOA, they're going to

733
00:25:34,120 --> 00:25:36,200
squash that as well. So in the end,

734
00:25:36,200 --> 00:25:38,120
people who buy here,

735
00:25:38,120 --> 00:25:38,720
um

736
00:25:38,720 --> 00:25:40,840
they're going to be limited to two cars.

737
00:25:40,840 --> 00:25:42,800
That's going to limit the people who go

738
00:25:42,800 --> 00:25:44,880
there. Um I think that's good. If you're

739
00:25:44,880 --> 00:25:46,360
looking for a place where students

740
00:25:46,360 --> 00:25:48,040
aren't going to be able to go and live

741
00:25:48,040 --> 00:25:50,760
and take over an area, uh this is it.

742
00:25:50,760 --> 00:25:52,320
There's just not a place for them to do

743
00:25:52,320 --> 00:25:54,160
it.

744
00:25:54,160 --> 00:25:55,800
So that's that's how I see that. I don't

745
00:25:55,800 --> 00:25:57,320
see another solution there for them to

746
00:25:57,320 --> 00:25:58,040
park.

747
00:25:58,040 --> 00:25:59,160
>> So you are going to be managing the

748
00:25:59,160 --> 00:26:01,400
parking closely and doing assigned spots

749
00:26:01,400 --> 00:26:02,200
or assigned

750
00:26:02,200 --> 00:26:03,720
>> Yes, it'll be assigned. Everyone will

751
00:26:03,720 --> 00:26:06,280
have two assigned spots and visitor

752
00:26:06,280 --> 00:26:08,800
parking spots. Um there is an option if

753
00:26:08,800 --> 00:26:11,720
somebody, this is another theoretical,

754
00:26:11,720 --> 00:26:12,920
um

755
00:26:12,920 --> 00:26:14,720
if somebody wanted to have three cars in

756
00:26:14,720 --> 00:26:15,920
there, and you might you might have

757
00:26:15,920 --> 00:26:17,560
somebody maybe someone's turning 16,

758
00:26:17,560 --> 00:26:19,520
maybe someone is trying to put a third

759
00:26:19,520 --> 00:26:21,720
adult in there who drives, you could go

760
00:26:21,720 --> 00:26:24,040
to the HOA and try and rent a parking

761
00:26:24,040 --> 00:26:26,280
spot from another tenant in there. That

762
00:26:26,280 --> 00:26:28,160
happens in a condo project. That's an

763
00:26:28,160 --> 00:26:29,520
option.

764
00:26:29,520 --> 00:26:31,280
Uh you know, it's not a guarantee. It's

765
00:26:31,280 --> 00:26:33,920
a limited option. You're renting uh the

766
00:26:33,920 --> 00:26:36,800
parking spot. You don't own it. So maybe

767
00:26:36,800 --> 00:26:39,560
you could do that.

768
00:26:39,560 --> 00:26:42,400
>> Could you speak to the pricing? I think

769
00:26:42,400 --> 00:26:44,600
someone asked about the pricing.

770
00:26:44,600 --> 00:26:46,760
>> Um yes.

771
00:26:46,760 --> 00:26:49,360
Uh so the previous townhomes that I had

772
00:26:49,360 --> 00:26:51,160
designed on that I have designed on this

773
00:26:51,160 --> 00:26:53,160
site, they're all

774
00:26:53,160 --> 00:26:56,120
uh 3,000 or 2,500 square feet. They're

775
00:26:56,120 --> 00:26:57,960
larger. They're going to be priced

776
00:26:57,960 --> 00:26:59,760
higher. These are just going to be less

777
00:26:59,760 --> 00:27:02,080
because they're condos.

778
00:27:02,080 --> 00:27:04,600
The square footage as it's designed up

779
00:27:04,600 --> 00:27:08,280
there is about 1,525 per unit. That's a

780
00:27:08,280 --> 00:27:11,080
really good size for a a three-bedroom

781
00:27:11,080 --> 00:27:13,120
condo.

782
00:27:13,120 --> 00:27:14,960
In there we have eight two-bedrooms as

783
00:27:14,960 --> 00:27:16,880
well. They can be two or three-bedrooms.

784
00:27:16,880 --> 00:27:18,560
It's going to be mostly three-bedrooms.

785
00:27:18,560 --> 00:27:21,440
That's what the market wants. There is

786
00:27:21,440 --> 00:27:24,640
some demand for a two-bedroom

787
00:27:24,640 --> 00:27:26,920
you know, double primary kind of set up.

788
00:27:26,920 --> 00:27:29,400
So, we have eight in there

789
00:27:29,400 --> 00:27:31,840
in the proposal. Whether it's eight or

790
00:27:31,840 --> 00:27:34,080
four or zero, I guess we could change

791
00:27:34,080 --> 00:27:36,560
that. But so I don't have any

792
00:27:36,560 --> 00:27:37,960
These aren't going to be entry-level

793
00:27:37,960 --> 00:27:40,960
condos just given their location. The

794
00:27:40,960 --> 00:27:43,080
underground parking is is premium.

795
00:27:43,080 --> 00:27:45,280
That's an expensive feature. That's

796
00:27:45,280 --> 00:27:49,240
something that people want, but um

797
00:27:49,240 --> 00:27:51,400
Again, I see I've always thought that

798
00:27:51,400 --> 00:27:53,960
this will entice more people from the

799
00:27:53,960 --> 00:27:56,880
area who are moving out of older homes

800
00:27:56,880 --> 00:27:58,600
who are aging out of their homes. I

801
00:27:58,600 --> 00:27:59,840
always thought that would be more of the

802
00:27:59,840 --> 00:28:02,480
market. You can You'll be able to trade

803
00:28:02,480 --> 00:28:04,760
out an older home in the area for a new

804
00:28:04,760 --> 00:28:06,400
condo here.

805
00:28:06,400 --> 00:28:07,640
>> I was thinking that's going to be a

806
00:28:07,640 --> 00:28:08,920
large part of the market, too. I'm

807
00:28:08,920 --> 00:28:10,120
curious is there going to be an elevator

808
00:28:10,120 --> 00:28:10,840
in the building?

809
00:28:10,840 --> 00:28:12,960
>> Yep. You'll be able to drive in, park

810
00:28:12,960 --> 00:28:15,560
underground in whatever kind of weather,

811
00:28:15,560 --> 00:28:17,200
and get right on an elevator and go up

812
00:28:17,200 --> 00:28:19,080
to whatever floor you're on. That'll be

813
00:28:19,080 --> 00:28:21,000
pretty nice for a lot of people.

814
00:28:21,000 --> 00:28:22,560
Especially people who are you know,

815
00:28:22,560 --> 00:28:23,680
they're aging out of their home, but

816
00:28:23,680 --> 00:28:25,160
they're not going to an assisted living

817
00:28:25,160 --> 00:28:27,280
place. They just don't want stairs. They

818
00:28:27,280 --> 00:28:28,640
don't want a yard. They don't want an

819
00:28:28,640 --> 00:28:32,630
old home.

820
00:28:32,640 --> 00:28:33,840
Um

821
00:28:33,840 --> 00:28:35,080
>> Councilor Christian said

822
00:28:35,080 --> 00:28:38,560
>> David, um I asked the question of Aaron.

823
00:28:38,560 --> 00:28:42,280
My recollection was 100% home ownership

824
00:28:42,280 --> 00:28:44,120
in the current development agreement.

825
00:28:44,120 --> 00:28:46,760
>> Um it's 50% is what we agreed last time

826
00:28:46,760 --> 00:28:48,040
we were here. That's in there. Aaron

827
00:28:48,040 --> 00:28:49,720
told me he just verified it.

828
00:28:49,720 --> 00:28:50,200
>> Okay.

829
00:28:50,200 --> 00:28:52,240
>> I have it. I've read it. It's 50% I'm

830
00:28:52,240 --> 00:28:53,160
proposing that.

831
00:28:53,160 --> 00:28:53,600
>> Okay.

832
00:28:53,600 --> 00:28:54,560
>> Um so

833
00:28:54,560 --> 00:28:57,560
>> Thank you for verifying that. Um can you

834
00:28:57,560 --> 00:28:59,880
tell me how you're thinking about where

835
00:28:59,880 --> 00:29:03,480
home ownership would be and where rental

836
00:29:03,480 --> 00:29:04,440
rentals would be?

837
00:29:04,440 --> 00:29:06,320
>> Um yes. So

838
00:29:06,320 --> 00:29:09,640
uh the 50% um will make it a condo. So

839
00:29:09,640 --> 00:29:10,680
it won't be a

840
00:29:10,680 --> 00:29:12,240
uh an apartment building. This will be a

841
00:29:12,240 --> 00:29:15,000
condo project. That's minimum for FHA

842
00:29:15,000 --> 00:29:16,840
standards anyway. You have to go through

843
00:29:16,840 --> 00:29:19,240
the whole FHA process if you want to

844
00:29:19,240 --> 00:29:22,000
provide that kind of financing there. Um

845
00:29:22,000 --> 00:29:24,480
that also puts long-term

846
00:29:24,480 --> 00:29:27,520
uh limits on the project as far as owner

847
00:29:27,520 --> 00:29:29,280
occupancy. You have to maintain certain

848
00:29:29,280 --> 00:29:31,720
owner occupancies over time. Otherwise

849
00:29:31,720 --> 00:29:34,120
it can get hard for people to to sell

850
00:29:34,120 --> 00:29:37,200
their condos if they refinance. So again

851
00:29:37,200 --> 00:29:40,080
for me the the 50% is a uh we just set a

852
00:29:40,080 --> 00:29:44,160
minimum floor for owner occupancy. Um

853
00:29:44,160 --> 00:29:46,520
uh you know, as far as how many above

854
00:29:46,520 --> 00:29:47,600
that

855
00:29:47,600 --> 00:29:48,720
uh

856
00:29:48,720 --> 00:29:50,880
I don't plan on on owning anything in

857
00:29:50,880 --> 00:29:53,200
there. Uh so

858
00:29:53,200 --> 00:29:54,440
who knows how high it will be.

859
00:29:54,440 --> 00:29:55,320
>> Yeah.

860
00:29:55,320 --> 00:29:57,480
>> It is important to keep some flexibility

861
00:29:57,480 --> 00:29:59,520
in it as well. When you build this

862
00:29:59,520 --> 00:30:01,760
project has to be built in one building.

863
00:30:01,760 --> 00:30:04,440
That's 46 units at a time. Hopefully you

864
00:30:04,440 --> 00:30:06,520
can pre-sell during construction.

865
00:30:06,520 --> 00:30:08,520
Hopefully you can sell most of them

866
00:30:08,520 --> 00:30:11,200
within the year after that. So there is

867
00:30:11,200 --> 00:30:14,160
some to make the project work it's it's

868
00:30:14,160 --> 00:30:16,920
helpful to have some flexibility there.

869
00:30:16,920 --> 00:30:19,870
>> Thank you.

870
00:30:19,880 --> 00:30:21,360
» Can I have I have one other I think I

871
00:30:21,360 --> 00:30:23,920
have some slides in here.

872
00:30:23,920 --> 00:30:27,200
Oh, applicant slides. There we go.

873
00:30:27,200 --> 00:30:29,440
Okay. Oh, height. I was going to talk a

874
00:30:29,440 --> 00:30:31,080
little bit bit about height. That comes

875
00:30:31,080 --> 00:30:34,200
up often. Um the change in zoning I

876
00:30:34,200 --> 00:30:35,960
don't need for any height requirements.

877
00:30:35,960 --> 00:30:38,080
This building as it's shown here meets

878
00:30:38,080 --> 00:30:41,480
the current MDR height. Um it's also

879
00:30:41,480 --> 00:30:44,880
lower than the bottom of the substation.

880
00:30:44,880 --> 00:30:47,080
So, the top of this building lower than

881
00:30:47,080 --> 00:30:49,320
the substation, which is my closest

882
00:30:49,320 --> 00:30:50,640
neighbor.

883
00:30:50,640 --> 00:30:51,760
Um,

884
00:30:51,760 --> 00:30:53,800
uh, the change in zoning is needed to

885
00:30:53,800 --> 00:30:55,280
allow parking to be in front of the

886
00:30:55,280 --> 00:30:56,880
building. The way the building's

887
00:30:56,880 --> 00:31:00,200
designed, the parking structure would

888
00:31:00,200 --> 00:31:02,520
help retain the hill behind it and allow

889
00:31:02,520 --> 00:31:05,000
for more parking on the front.

890
00:31:05,000 --> 00:31:06,240
The

891
00:31:06,240 --> 00:31:08,240
um, the sewer capacity that's been

892
00:31:08,240 --> 00:31:09,920
talked about, there's more sewer

893
00:31:09,920 --> 00:31:12,000
capacity out there and available than

894
00:31:12,000 --> 00:31:14,080
what I've requested for the project.

895
00:31:14,080 --> 00:31:16,000
It's just parking that's the limiting

896
00:31:16,000 --> 00:31:18,120
factor here. How much parking can you

897
00:31:18,120 --> 00:31:20,600
get? So, this meets the requirement. It

898
00:31:20,600 --> 00:31:22,160
allows for

899
00:31:22,160 --> 00:31:24,120
two parking stalls per unit plus visitor

900
00:31:24,120 --> 00:31:25,600
parking as well.

901
00:31:25,600 --> 00:31:27,880
That's the why the zone change is in

902
00:31:27,880 --> 00:31:30,160
there. Um, also as far as height's

903
00:31:30,160 --> 00:31:32,280
concerned, the current plan has

904
00:31:32,280 --> 00:31:35,920
townhomes backing up to Canyon Road. Um,

905
00:31:35,920 --> 00:31:37,600
in my mind, this is just a a better

906
00:31:37,600 --> 00:31:39,680
project for the area. The front the

907
00:31:39,680 --> 00:31:41,720
front of the condo is going to be better

908
00:31:41,720 --> 00:31:42,920
than

909
00:31:42,920 --> 00:31:44,680
the back of townhomes, no matter how

910
00:31:44,680 --> 00:31:57,270
nice you make the back of the townhomes.

911
00:31:57,280 --> 00:31:59,640
Uh, units are under

912
00:31:59,640 --> 00:32:01,600
Let's see.

913
00:32:01,600 --> 00:32:02,760
I think these are my slides from the

914
00:32:02,760 --> 00:32:04,120
previous one.

915
00:32:04,120 --> 00:32:05,920
Or from planning commission.

916
00:32:05,920 --> 00:32:07,320
Anyway, there you go. Any other

917
00:32:07,320 --> 00:32:08,200
questions?

918
00:32:08,200 --> 00:32:10,720
>> I have a question for you, David. Um, we

919
00:32:10,720 --> 00:32:12,560
had a presentation this morning by a

920
00:32:12,560 --> 00:32:14,400
condo developer.

921
00:32:14,400 --> 00:32:15,800
And he mentioned that it's their

922
00:32:15,800 --> 00:32:18,680
standard that they do 80% owner occupied

923
00:32:18,680 --> 00:32:20,320
20% rentals.

924
00:32:20,320 --> 00:32:23,920
And um, he talked about the FHA and I

925
00:32:23,920 --> 00:32:25,360
know I I've spoken to I've spoken to a

926
00:32:25,360 --> 00:32:27,120
few citizens in Provo who live by

927
00:32:27,120 --> 00:32:28,360
condos.

928
00:32:28,360 --> 00:32:30,280
And people can't resell them or

929
00:32:30,280 --> 00:32:32,360
refinance or buy with it because the

930
00:32:32,360 --> 00:32:34,680
percentage of ownership is so low.

931
00:32:34,680 --> 00:32:36,320
And I'm wondering it would meet our

932
00:32:36,320 --> 00:32:37,600
goals

933
00:32:37,600 --> 00:32:39,840
as a council if you'd be willing to like

934
00:32:39,840 --> 00:32:44,950
up who do work at 80% there.

935
00:32:44,960 --> 00:32:46,280
» Um

936
00:32:46,280 --> 00:32:48,680
you know, I'm not opposed to 80% owner

937
00:32:48,680 --> 00:32:51,360
occupied or 100% owner occupied. Again,

938
00:32:51,360 --> 00:32:52,160
I'm

939
00:32:52,160 --> 00:32:53,880
request just that I have the flexibility

940
00:32:53,880 --> 00:32:55,960
that I can. I think also you can have

941
00:32:55,960 --> 00:32:58,040
some people buying a a second home up

942
00:32:58,040 --> 00:32:59,880
here. I don't know how that would fit in

943
00:32:59,880 --> 00:33:01,000
to the requirement

944
00:33:01,000 --> 00:33:02,280
>> home is still owner occupied.

945
00:33:02,280 --> 00:33:03,800
>> occupied. Okay.

946
00:33:03,800 --> 00:33:06,040
I think that that's a group of people,

947
00:33:06,040 --> 00:33:06,840
you know, from

948
00:33:06,840 --> 00:33:07,320
>> Yeah.

949
00:33:07,320 --> 00:33:09,280
>> Provo living

950
00:33:09,280 --> 00:33:11,520
places south of us that are horrible in

951
00:33:11,520 --> 00:33:12,320
the summer.

952
00:33:12,320 --> 00:33:14,320
>> Yeah.

953
00:33:14,320 --> 00:33:15,920
Councilor Whitlock.

954
00:33:15,920 --> 00:33:18,800
>> Yeah, um if you could just kind of paint

955
00:33:18,800 --> 00:33:21,320
for us the picture of what will happen

956
00:33:21,320 --> 00:33:24,200
to the hill. Cuz right now, you know,

957
00:33:24,200 --> 00:33:25,840
it's sort of like you have this

958
00:33:25,840 --> 00:33:28,760
a narrow gravel pit area.

959
00:33:28,760 --> 00:33:30,520
You just help us kind of visualize it

960
00:33:30,520 --> 00:33:32,640
cuz it doesn't look like this right now.

961
00:33:32,640 --> 00:33:33,960
>> Um

962
00:33:33,960 --> 00:33:35,760
Correct. There's a couch on it right now

963
00:33:35,760 --> 00:33:36,960
that's not shown on the current

964
00:33:36,960 --> 00:33:38,760
pictures. That's a recent addition to

965
00:33:38,760 --> 00:33:40,840
the property. I someone else did that

966
00:33:40,840 --> 00:33:42,840
for me. I didn't have to pay for that.

967
00:33:42,840 --> 00:33:44,000
Um

968
00:33:44,000 --> 00:33:46,720
So, where the building itself sits,

969
00:33:46,720 --> 00:33:49,200
uh it sits pretty much in the footprint

970
00:33:49,200 --> 00:33:50,640
that's there. There'll be a little bit

971
00:33:50,640 --> 00:33:52,440
of retaining into the hillside there.

972
00:33:52,440 --> 00:33:54,720
The The current slope that's in the area

973
00:33:54,720 --> 00:33:56,560
was designed by Northern Engineering.

974
00:33:56,560 --> 00:33:58,480
It's two to one. And so, this building

975
00:33:58,480 --> 00:34:01,000
would retain a little bit of there. Most

976
00:34:01,000 --> 00:34:04,520
of the change would happen on the south

977
00:34:04,520 --> 00:34:07,360
the entrance way in between the Canyon

978
00:34:07,360 --> 00:34:10,919
Road and the substation. Um that's

979
00:34:10,919 --> 00:34:12,960
another thing I know we're talking about

980
00:34:12,960 --> 00:34:13,560
uh

981
00:34:13,560 --> 00:34:15,760
just the road and access there. I had a

982
00:34:15,760 --> 00:34:17,520
another picture I wanted to show, but we

983
00:34:17,520 --> 00:34:19,320
don't have to see it. It's It was just

984
00:34:19,320 --> 00:34:20,679
what the property looked like when I

985
00:34:20,679 --> 00:34:22,080
acquired it.

986
00:34:22,080 --> 00:34:27,080
was seven parcels overlapping with the substation as well.

987
00:34:27,080 --> 00:34:29,879
I owned property inside the substation.

988
00:34:29,879 --> 00:34:32,200
I owned where the new substation access

989
00:34:32,200 --> 00:34:35,240
is right now and um um

990
00:34:35,240 --> 00:34:37,200
this was a couple years ago we sat down

991
00:34:37,200 --> 00:34:39,120
and renegotiated all the boundaries. I

992
00:34:39,120 --> 00:34:41,360
paid for a joint survey with the city so

993
00:34:41,360 --> 00:34:43,720
we could identify everything. We were

994
00:34:43,720 --> 00:34:46,760
negotiated that. Um and now the

995
00:34:46,760 --> 00:34:49,800
substation has its defined boundaries.

996
00:34:49,800 --> 00:34:52,000
It has its new access. They've abandoned

997
00:34:52,000 --> 00:34:54,159
the current access road.

998
00:34:54,159 --> 00:34:56,919
Um and also I have I have an agreement

999
00:34:56,919 --> 00:34:58,120
with the city a signed agreement with

1000
00:34:58,120 --> 00:35:00,320
the city to swap the parcel where the

1001
00:35:00,320 --> 00:35:03,520
road this road expansion that's one day

1002
00:35:03,520 --> 00:35:05,960
will happen there and that's on property

1003
00:35:05,960 --> 00:35:08,120
that I own at the moment. Um but I

1004
00:35:08,120 --> 00:35:09,280
already have a signed agreement with the

1005
00:35:09,280 --> 00:35:11,560
city to transfer ownership to the city.

1006
00:35:11,560 --> 00:35:13,400
works is going to do some work

1007
00:35:13,400 --> 00:35:18,510
on site to offset that.

1008
00:35:18,520 --> 00:35:20,480
» Councilor Ripple.

1009
00:35:20,480 --> 00:35:22,760
Yeah, just following up on what you were

1010
00:35:22,760 --> 00:35:25,560
saying Councilor McKay about the

1011
00:35:25,560 --> 00:35:27,920
presentation we had from Edge. One thing

1012
00:35:27,920 --> 00:35:30,960
that they noted is that they had to work

1013
00:35:30,960 --> 00:35:34,440
really hard to sell six condo units in a

1014
00:35:34,440 --> 00:35:36,760
development in a period of a year.

1015
00:35:36,760 --> 00:35:37,920
>> A month.

1016
00:35:37,920 --> 00:35:40,920
And so what we're

1017
00:35:40,920 --> 00:35:44,720
Yes, so we're looking at, you know,

1018
00:35:44,720 --> 00:35:46,880
they could only do that when they were

1019
00:35:46,880 --> 00:35:48,880
doing, you know, significant incentives

1020
00:35:48,880 --> 00:35:50,520
like interest rate buy down and things

1021
00:35:50,520 --> 00:35:51,680
like that.

1022
00:35:51,680 --> 00:35:55,320
Um and we're asking him to sell

1023
00:35:55,320 --> 00:35:58,520
more than half of this, you know, that

1024
00:35:58,520 --> 00:36:00,040
that's a significant amount of time that

1025
00:36:00,040 --> 00:36:01,840
he's going to be probably holding some

1026
00:36:01,840 --> 00:36:03,920
of these properties and I don't know if

1027
00:36:03,920 --> 00:36:06,280
you have those same kind of

1028
00:36:06,280 --> 00:36:08,320
financing options for the people who

1029
00:36:08,320 --> 00:36:13,000
would be looking at purchasing these things.

1030
00:36:13,000 --> 00:36:14,520
>> That was for first time home buyers

1031
00:36:14,520 --> 00:36:16,560
though. That's not really his market.

1032
00:36:16,560 --> 00:36:19,440
>> Right. And so that may make it harder

1033
00:36:19,440 --> 00:36:22,520
for him to sell these as quickly.

1034
00:36:22,520 --> 00:36:23,240
>> Easier.

1035
00:36:23,240 --> 00:36:25,000
>> You think it would be easier?

1036
00:36:25,000 --> 00:36:26,400
Listen.

1037
00:36:26,400 --> 00:36:28,160
I don't know. But I was just wondering

1038
00:36:28,160 --> 00:36:31,200
like how quickly do you anticipate being

1039
00:36:31,200 --> 00:36:34,320
able to sell the for-sale units as

1040
00:36:34,320 --> 00:36:35,920
opposed to how long do you think it

1041
00:36:35,920 --> 00:36:39,560
would take to fill the rental units?

1042
00:36:39,560 --> 00:36:41,920
>> You know, I'll respond to that in and

1043
00:36:41,920 --> 00:36:43,440
one thing that matters a lot is interest

1044
00:36:43,440 --> 00:36:44,880
rates. And right now, we're definitely

1045
00:36:44,880 --> 00:36:46,320
in an environment where interest rates

1046
00:36:46,320 --> 00:36:48,320
have ticked up when everyone thought

1047
00:36:48,320 --> 00:36:51,120
that was was hoping they would go down.

1048
00:36:51,120 --> 00:36:52,720
Interest rates were ticking down and

1049
00:36:52,720 --> 00:36:54,120
they were at a multi-year low just

1050
00:36:54,120 --> 00:36:56,680
before the Iran war. Unfortunately,

1051
00:36:56,680 --> 00:36:58,720
they've ticked back up. That makes it

1052
00:36:58,720 --> 00:37:01,000
harder, especially for

1053
00:37:01,000 --> 00:37:03,600
uh first-time home buyers. That's a very

1054
00:37:03,600 --> 00:37:06,200
interest rate sensitive segment of the

1055
00:37:06,200 --> 00:37:07,640
market.

1056
00:37:07,640 --> 00:37:08,920
You know, if we're talking about people

1057
00:37:08,920 --> 00:37:10,840
selling their homes and moving into

1058
00:37:10,840 --> 00:37:12,640
these, they're not getting loans, so

1059
00:37:12,640 --> 00:37:14,640
that's helpful. Um that would help us

1060
00:37:14,640 --> 00:37:16,360
out as well. But, definitely there's a

1061
00:37:16,360 --> 00:37:18,120
concern. There's an absorption rate that

1062
00:37:18,120 --> 00:37:19,600
the mark- the market's only going to

1063
00:37:19,600 --> 00:37:22,720
absorb so many of these a month, a year.

1064
00:37:22,720 --> 00:37:24,000
Um

1065
00:37:24,000 --> 00:37:25,160
so

1066
00:37:25,160 --> 00:37:26,240
there's a little bit of a roll of the

1067
00:37:26,240 --> 00:37:27,560
dice there when you when you build

1068
00:37:27,560 --> 00:37:29,840
something like this.

1069
00:37:29,840 --> 00:37:31,680
And again, though, this is this is in

1070
00:37:31,680 --> 00:37:33,680
Provo. You know, some of the the starter

1071
00:37:33,680 --> 00:37:36,280
homes are in other areas of the county

1072
00:37:36,280 --> 00:37:37,600
that, you know, maybe aren't as

1073
00:37:37,600 --> 00:37:39,440
desirable.

1074
00:37:39,440 --> 00:37:41,160
>> Councilor Bogdan.

1075
00:37:41,160 --> 00:37:43,080
But, didn't he say that

1076
00:37:43,080 --> 00:37:44,760
somebody that didn't try as hard as he

1077
00:37:44,760 --> 00:37:46,960
did could sell three

1078
00:37:46,960 --> 00:37:50,000
a month? And so, that's still 36 units.

1079
00:37:50,000 --> 00:37:52,440
That's How many units did you have? 45?

1080
00:37:52,440 --> 00:37:53,280
>> 46.

1081
00:37:53,280 --> 00:37:54,320
>> Yeah.

1082
00:37:54,320 --> 00:37:55,680
And so,

1083
00:37:55,680 --> 00:37:57,680
I I don't see it as a problem.

1084
00:37:57,680 --> 00:37:59,640
>> And and you don't have to, you know, if

1085
00:37:59,640 --> 00:38:02,480
you sell 36 of these in the first year,

1086
00:38:02,480 --> 00:38:03,640
you then you're doing pretty good at

1087
00:38:03,640 --> 00:38:05,000
that point. I mean, at that point your

1088
00:38:05,000 --> 00:38:07,600
carry cost is is much lower. It's a much

1089
00:38:07,600 --> 00:38:08,960
more manageable. You've You've been

1090
00:38:08,960 --> 00:38:13,230
successful at that point.

1091
00:38:13,240 --> 00:38:14,720
» Councilor Whitlock.

1092
00:38:14,720 --> 00:38:17,880
>> Is uh so, it's been great to help uh

1093
00:38:17,880 --> 00:38:19,480
you you help us refresh our memories

1094
00:38:19,480 --> 00:38:20,800
about this development agreement. I'm

1095
00:38:20,800 --> 00:38:23,080
just wondering, is there anything else

1096
00:38:23,080 --> 00:38:24,560
uh from the development agreement that

1097
00:38:24,560 --> 00:38:26,640
would be helpful to highlight for us and

1098
00:38:26,640 --> 00:38:28,360
for the public that people would

1099
00:38:28,360 --> 00:38:29,960
appreciate? Like, for example, I think

1100
00:38:29,960 --> 00:38:31,040
you that

1101
00:38:31,040 --> 00:38:32,560
behind this condo there is going to be a

1102
00:38:32,560 --> 00:38:34,360
trail connecting to Indian Indian

1103
00:38:34,360 --> 00:38:36,120
Trailhead or Indian Trail Trail.

1104
00:38:36,120 --> 00:38:37,720
>> So, I I have that in the drawing. I

1105
00:38:37,720 --> 00:38:40,240
didn't propose that specifically as a

1106
00:38:40,240 --> 00:38:41,480
something that would be in the

1107
00:38:41,480 --> 00:38:43,920
agreement. It hasn't been designed yet.

1108
00:38:43,920 --> 00:38:45,320
It looks very feasible. There's

1109
00:38:45,320 --> 00:38:46,840
companies out there that just come and

1110
00:38:46,840 --> 00:38:49,840
cut these trails in the hillside. Um I

1111
00:38:49,840 --> 00:38:51,880
wasn't going to include that in the

1112
00:38:51,880 --> 00:38:54,200
uh in the development agreement. For

1113
00:38:54,200 --> 00:38:56,040
example, for some reason we didn't have

1114
00:38:56,040 --> 00:38:57,960
access off the back of the property,

1115
00:38:57,960 --> 00:39:00,080
which I think is unlikely, then

1116
00:39:00,080 --> 00:39:01,040
all of a sudden you got to figure out

1117
00:39:01,040 --> 00:39:04,760
how to do a trail around it. So, um I I

1118
00:39:04,760 --> 00:39:06,480
think it will happen. Obviously, that

1119
00:39:06,480 --> 00:39:08,320
that'd be a great amenity for the condo

1120
00:39:08,320 --> 00:39:10,120
to be able to get right up on the trail.

1121
00:39:10,120 --> 00:39:11,360
>> Are there any other things you'd

1122
00:39:11,360 --> 00:39:17,350
highlight?

1123
00:39:17,360 --> 00:39:18,840
» Um yeah, I think something that's

1124
00:39:18,840 --> 00:39:20,960
important to to note when the project

1125
00:39:20,960 --> 00:39:22,760
goes in, uh

1126
00:39:22,760 --> 00:39:25,080
water will be looped in this area from

1127
00:39:25,080 --> 00:39:26,560
Canyon Road to the other side of

1128
00:39:26,560 --> 00:39:29,560
University. That'll be a a benefit to

1129
00:39:29,560 --> 00:39:32,080
everyone who uses water in this area.

1130
00:39:32,080 --> 00:39:33,960
Um same with sewer will be brought

1131
00:39:33,960 --> 00:39:36,800
across University Avenue as well in this

1132
00:39:36,800 --> 00:39:39,280
area for the first time. Uh to we'll

1133
00:39:39,280 --> 00:39:42,280
connect there. Gas as well um has to be

1134
00:39:42,280 --> 00:39:45,360
looped in this area. Um that'll improve

1135
00:39:45,360 --> 00:39:47,320
gas pressure for

1136
00:39:47,320 --> 00:39:48,600
anyone who obviously for the

1137
00:39:48,600 --> 00:39:50,800
development, anyone who lives there.

1138
00:39:50,800 --> 00:39:53,640
Um Google Fiber will be brought over to

1139
00:39:53,640 --> 00:39:55,640
the area. So, there's lots of This is

1140
00:39:55,640 --> 00:39:58,880
kind of a dead zone for utilities. So,

1141
00:39:58,880 --> 00:40:00,640
lots of improvements will happen when

1142
00:40:00,640 --> 00:40:06,670
the project goes forward.

1143
00:40:06,680 --> 00:40:08,960
» Is this a accurate representation of the

1144
00:40:08,960 --> 00:40:10,200
building or is this just like AI

1145
00:40:10,200 --> 00:40:12,040
generated?

1146
00:40:12,040 --> 00:40:12,280
>> I

1147
00:40:12,280 --> 00:40:13,840
>> We've got a lot of AI generated ones

1148
00:40:13,840 --> 00:40:16,270
lately.

1149
00:40:16,280 --> 00:40:17,400
» Um

1150
00:40:17,400 --> 00:40:21,200
uh I used AI to reskin this. I paid an

1151
00:40:21,200 --> 00:40:22,760
architect a lot of money to draw

1152
00:40:22,760 --> 00:40:24,800
something up and get everything exactly

1153
00:40:24,800 --> 00:40:26,680
right. And when it was

1154
00:40:26,680 --> 00:40:28,240
but we've been working on that for years

1155
00:40:28,240 --> 00:40:29,520
now, right? When I started working out

1156
00:40:29,520 --> 00:40:31,840
there was no AI generated anything. It's

1157
00:40:31,840 --> 00:40:33,840
hard to just generate a an accurate

1158
00:40:33,840 --> 00:40:35,760
building from AI. If I just go and say

1159
00:40:35,760 --> 00:40:37,880
build me a four, you know, a a

1160
00:40:37,880 --> 00:40:41,200
four-story high building, then it can't

1161
00:40:41,200 --> 00:40:42,080
do it. So, this

1162
00:40:42,080 --> 00:40:43,040
>> pretty accurate?

1163
00:40:43,040 --> 00:40:44,640
>> Yes, this is very accurate. This is what

1164
00:40:44,640 --> 00:40:46,680
the architect drew up and then it's been

1165
00:40:46,680 --> 00:40:48,560
reskinned with AI. So, the finish

1166
00:40:48,560 --> 00:40:50,680
materials on it are different. You know,

1167
00:40:50,680 --> 00:40:52,840
the some of the roofs and stuff, but no,

1168
00:40:52,840 --> 00:40:54,920
this was an architect. I had to pay them

1169
00:40:54,920 --> 00:40:57,630
a lot of money.

1170
00:40:57,640 --> 00:40:59,200
» And do you

1171
00:40:59,200 --> 00:41:01,680
What does the build-out look like? The

1172
00:41:01,680 --> 00:41:03,200
Are you building through the whole thing

1173
00:41:03,200 --> 00:41:06,800
at at once or is there phases to this?

1174
00:41:06,800 --> 00:41:08,360
>> Um, it's going to have to be built all

1175
00:41:08,360 --> 00:41:10,080
at once. If you tried to You'd have to

1176
00:41:10,080 --> 00:41:11,920
build the parking structure either way.

1177
00:41:11,920 --> 00:41:12,600
I just

1178
00:41:12,600 --> 00:41:13,280
>> Mhm.

1179
00:41:13,280 --> 00:41:14,600
>> By the time you built the parking

1180
00:41:14,600 --> 00:41:16,040
structure and did everything else and

1181
00:41:16,040 --> 00:41:17,840
built half the building, you might as

1182
00:41:17,840 --> 00:41:19,760
well build the second half. You know,

1183
00:41:19,760 --> 00:41:21,520
the The underground parking structure

1184
00:41:21,520 --> 00:41:22,920
could be

1185
00:41:22,920 --> 00:41:24,080
a quarter [clears throat] to a third of

1186
00:41:24,080 --> 00:41:26,680
the cost. And it's expensive.

1187
00:41:26,680 --> 00:41:28,400
>> Okay, I just need to clarify, Aaron and

1188
00:41:28,400 --> 00:41:31,000
David. I did remember like, um, Jeff,

1189
00:41:31,000 --> 00:41:32,880
that there was a trail included in the

1190
00:41:32,880 --> 00:41:36,030
development agreement.

1191
00:41:36,040 --> 00:41:37,440
» Well, we never moved forward with that

1192
00:41:37,440 --> 00:41:39,520
condo project and so there wasn't in the

1193
00:41:39,520 --> 00:41:41,360
town homes we didn't have it.

1194
00:41:41,360 --> 00:41:42,960
>> I think I think the section that you're

1195
00:41:42,960 --> 00:41:44,760
remembering might be this. The developer

1196
00:41:44,760 --> 00:41:46,080
must cause the ownership of the Indian

1197
00:41:46,080 --> 00:41:48,200
Trail, uh, Bonneville Shoreline Trail

1198
00:41:48,200 --> 00:41:50,240
section running through parcel

1199
00:41:50,240 --> 00:41:52,560
2014-111 to be transferred to the city

1200
00:41:52,560 --> 00:41:54,920
via via deed transfer or easement prior

1201
00:41:54,920 --> 00:41:56,320
to the issuance of building permit.

1202
00:41:56,320 --> 00:41:57,880
Maybe that's the trail commitment that

1203
00:41:57,880 --> 00:41:58,480
you remember.

1204
00:41:58,480 --> 00:42:00,280
>> So, effectively it it transfers that

1205
00:42:00,280 --> 00:42:01,480
portion of the Bonneville Shoreline

1206
00:42:01,480 --> 00:42:01,960
Trail

1207
00:42:01,960 --> 00:42:02,840
>> That's on his property.

1208
00:42:02,840 --> 00:42:04,240
>> to the city.

1209
00:42:04,240 --> 00:42:04,840
Thank you.

1210
00:42:04,840 --> 00:42:08,230
>> Yeah.

1211
00:42:08,240 --> 00:42:09,960
» Thanks, Aaron.

1212
00:42:09,960 --> 00:42:11,520
Councilor Garrett.

1213
00:42:11,520 --> 00:42:12,760
>> Um,

1214
00:42:12,760 --> 00:42:16,040
Jason, to whatever extent this project

1215
00:42:16,040 --> 00:42:17,880
is public, have you had is there

1216
00:42:17,880 --> 00:42:20,320
pre-sale interest? Have you had people

1217
00:42:20,320 --> 00:42:24,880
contact you with interest in being owners or renters? What kind of

1218
00:42:24,880 --> 00:42:26,000
interest is there in

1219
00:42:26,000 --> 00:42:30,160
>> No, not in final end users. I think it's a little early. Hasn't been

1220
00:42:30,160 --> 00:42:35,200
marketed that way. Um, obviously as you

1221
00:42:35,200 --> 00:42:37,080
once the zoning's in place, then there's

1222
00:42:37,080 --> 00:42:39,360
a lot of things that need to happen and

1223
00:42:39,360 --> 00:42:42,000
as the design was finalized more, you'd

1224
00:42:42,000 --> 00:42:45,200
definitely start doing that.

1225
00:42:45,200 --> 00:42:46,640
>> You've had the for sale sign up there

1226
00:42:46,640 --> 00:42:48,040
forever. Are you planning on just

1227
00:42:48,040 --> 00:42:49,560
entitling it then selling it? Are you

1228
00:42:49,560 --> 00:42:51,120
planning on doing it?

1229
00:42:51,120 --> 00:42:54,160
>> Um, entitling it and selling it. I would

1230
00:42:54,160 --> 00:42:56,880
stay on as a as a partner, but

1231
00:42:56,880 --> 00:42:59,280
um, I you just need someone who's built

1232
00:42:59,280 --> 00:43:03,200
this before. I know a lot about it and I know enough that I I shouldn't build

1233
00:43:03,200 --> 00:43:07,230
it myself.

1234
00:43:07,240 --> 00:43:09,160
And if I again if I could go back to to

1235
00:43:09,160 --> 00:43:11,280
one we had several parcels, a an

1236
00:43:11,280 --> 00:43:13,480
experienced developer, they were out

1237
00:43:13,480 --> 00:43:15,240
there, you know, they just walked away.

1238
00:43:15,240 --> 00:43:16,320
They're like, well, that's a mess. I

1239
00:43:16,320 --> 00:43:23,390
don't want to deal with that.

1240
00:43:23,400 --> 00:43:24,360
I'm the

1241
00:43:24,360 --> 00:43:25,680
>> The third time is the third time.

1242
00:43:25,680 --> 00:43:27,480
>> questions? Okay, we're going to open

1243
00:43:27,480 --> 00:43:40,030
this item up for public comment then.

1244
00:43:40,040 --> 00:43:42,320
» Hi guys. I'm um, David Chappell. I live

1245
00:43:42,320 --> 00:43:45,760
in Waquim. So, I'm not not nearby, but I

1246
00:43:45,760 --> 00:43:47,560
just had some thoughts. Um,

1247
00:43:47,560 --> 00:43:49,120
I support the higher density. I think

1248
00:43:49,120 --> 00:43:50,800
that's good. I would even support more

1249
00:43:50,800 --> 00:43:53,400
if they could make some of the um, units

1250
00:43:53,400 --> 00:43:54,960
affordable. I think it would be good to

1251
00:43:54,960 --> 00:43:57,120
have a mix of units cuz it could also be

1252
00:43:57,120 --> 00:43:58,720
more marketable that way.

1253
00:43:58,720 --> 00:44:01,440
Um, I also think that 100% would be

1254
00:44:01,440 --> 00:44:04,080
easier to enforce, 100% owner occupancy.

1255
00:44:04,080 --> 00:44:07,160
I think 50% is pretty hard for an HOA to

1256
00:44:07,160 --> 00:44:08,280
enforce.

1257
00:44:08,280 --> 00:44:10,960
And maybe the city through some sort of

1258
00:44:10,960 --> 00:44:13,280
deed restriction or a like code

1259
00:44:13,280 --> 00:44:15,200
enforcement could enforce 50%, but I

1260
00:44:15,200 --> 00:44:17,480
think 100% is wiser.

1261
00:44:17,480 --> 00:44:20,560
Um so, I think what we could do is offer

1262
00:44:20,560 --> 00:44:24,280
like a a time period, maybe 5 years for

1263
00:44:24,280 --> 00:44:26,480
the the developer. They can rent in the

1264
00:44:26,480 --> 00:44:28,560
meantime so that they don't go under,

1265
00:44:28,560 --> 00:44:30,840
but then within the 5 years they have to

1266
00:44:30,840 --> 00:44:32,400
sell all the units so that it is

1267
00:44:32,400 --> 00:44:35,480
eventually 100% owner-occupied.

1268
00:44:35,480 --> 00:44:37,880
Um I think the parking

1269
00:44:37,880 --> 00:44:41,600
appears fine, and that's all I have.

1270
00:44:41,600 --> 00:44:42,320
Those are my thoughts.

1271
00:44:42,320 --> 00:44:45,390
>> Thank you.

1272
00:44:45,400 --> 00:44:48,680
Any other public comment?

1273
00:44:48,680 --> 00:44:50,040
All right, we'll open this up to council

1274
00:44:50,040 --> 00:44:54,710
discussion.

1275
00:44:54,720 --> 00:44:57,520
To expand on what that gentleman said,

1276
00:44:57,520 --> 00:44:59,920
um we do deed restrict it cuz it is

1277
00:44:59,920 --> 00:45:02,800
really hard to enforce. So, Aaron, it

1278
00:45:02,800 --> 00:45:04,160
per the development agreement it would

1279
00:45:04,160 --> 00:45:08,080
be deed restricted at the 50, correct?

1280
00:45:08,080 --> 00:45:09,680
And the HOA would also have to Is that

1281
00:45:09,680 --> 00:45:11,120
also in there that the HOA language

1282
00:45:11,120 --> 00:45:12,680
would have to

1283
00:45:12,680 --> 00:45:19,790
manage that, too?

1284
00:45:19,800 --> 00:45:21,160
» Yeah, it says it's implied because it

1285
00:45:21,160 --> 00:45:23,120
says through deed restriction and CC&Rs

1286
00:45:23,120 --> 00:45:24,520
on the property CC&Rs would be enforced

1287
00:45:24,520 --> 00:45:25,720
by an HOA.

1288
00:45:25,720 --> 00:45:29,590
>> Great, thank you.

1289
00:45:29,600 --> 00:45:33,120
Any council discussion?

1290
00:45:33,120 --> 00:45:34,520
All right, we'll vote on the implied

1291
00:45:34,520 --> 00:45:41,670
motion.

1292
00:45:41,680 --> 00:45:42,640
» I'll just make a comment while you're

1293
00:45:42,640 --> 00:45:44,120
doing that. I just want to say thanks to

1294
00:45:44,120 --> 00:45:46,360
the developer for sticking with it, and

1295
00:45:46,360 --> 00:45:47,880
uh it's been a long haul for you, so

1296
00:45:47,880 --> 00:45:49,800
happy to see you're at this point. Well,

1297
00:45:49,800 --> 00:45:53,640
hopefully where you get approval here.

1298
00:45:53,640 --> 00:45:56,000
>> Councilor Garrett.

1299
00:45:56,000 --> 00:45:57,560
>> Yes.

1300
00:45:57,560 --> 00:45:59,160
>> Councilor McKay.

1301
00:45:59,160 --> 00:45:59,880
>> Yes.

1302
00:45:59,880 --> 00:46:00,840
>> Councilor Christensen.

1303
00:46:00,840 --> 00:46:01,560
>> Yes.

1304
00:46:01,560 --> 00:46:02,720
>> Councilor Whitlock?

1305
00:46:02,720 --> 00:46:03,320
>> Yes.

1306
00:46:03,320 --> 00:46:04,400
>> Councilor Bogdan?

1307
00:46:04,400 --> 00:46:05,040
>> Yes.

1308
00:46:05,040 --> 00:46:06,920
>> Councilor Howden?

1309
00:46:06,920 --> 00:46:08,800
>> Finally, yes.

1310
00:46:08,800 --> 00:46:10,000
>> Councilor Whipple?

1311
00:46:10,000 --> 00:46:10,880
>> Yes.

1312
00:46:10,880 --> 00:46:14,510
>> 7-0.

1313
00:46:14,520 --> 00:46:16,480
All right. Next, an applied motion

1314
00:46:16,480 --> 00:46:18,200
ordinance amending the Provo City Code

1315
00:46:18,200 --> 00:46:19,960
regarding flood plain management and

1316
00:46:19,960 --> 00:46:21,840
development standards. This will be

1317
00:46:21,840 --> 00:46:25,440
presented by Thomas Shribble.

1318
00:46:25,440 --> 00:46:31,670
He is our engineer flood plain manager.

1319
00:46:31,680 --> 00:46:33,240
You get your first work meeting and your

1320
00:46:33,240 --> 00:46:35,720
first council meeting in the same day.

1321
00:46:35,720 --> 00:46:38,590
>> Yep.

1322
00:46:38,600 --> 00:46:40,320
Uh thank you for having me. Uh my name

1323
00:46:40,320 --> 00:46:41,680
is Tommy Shribble.

1324
00:46:41,680 --> 00:46:43,200
I'm you know, I work I work for Provo

1325
00:46:43,200 --> 00:46:45,680
City uh public works as a storm water

1326
00:46:45,680 --> 00:46:47,960
engineer as well as the flood plain

1327
00:46:47,960 --> 00:46:49,360
manager of Provo.

1328
00:46:49,360 --> 00:46:51,600
Uh I'm accompanied today by Benjamin

1329
00:46:51,600 --> 00:46:55,080
Ruthy. He's on uh Zoom. And then uh he's

1330
00:46:55,080 --> 00:46:57,040
from WSP. He is the contractor that

1331
00:46:57,040 --> 00:47:00,080
helped write this ordinance.

1332
00:47:00,080 --> 00:47:02,880
Uh and then also Shane Winters.

1333
00:47:02,880 --> 00:47:04,480
Um

1334
00:47:04,480 --> 00:47:05,560
So,

1335
00:47:05,560 --> 00:47:08,160
this stems from uh

1336
00:47:08,160 --> 00:47:10,280
FEMA first of all.

1337
00:47:10,280 --> 00:47:10,880
Uh

1338
00:47:10,880 --> 00:47:13,040
we are part of the National Flood

1339
00:47:13,040 --> 00:47:16,080
Insurance Program uh through FEMA. Uh we

1340
00:47:16,080 --> 00:47:17,680
had to apply to be a part of this

1341
00:47:17,680 --> 00:47:18,840
program.

1342
00:47:18,840 --> 00:47:21,160
And we had to adopt uh a resolution of

1343
00:47:21,160 --> 00:47:22,880
intent to participate.

1344
00:47:22,880 --> 00:47:24,840
And um

1345
00:47:24,840 --> 00:47:28,040
So, this is all all stemming from FEMA

1346
00:47:28,040 --> 00:47:30,600
uh and changes that uh have been made to

1347
00:47:30,600 --> 00:47:32,640
our flood plain maps.

1348
00:47:32,640 --> 00:47:35,320
Uh so, we are uh currently trying to

1349
00:47:35,320 --> 00:47:36,640
adopt and enforce a flood plain

1350
00:47:36,640 --> 00:47:38,080
management ordinance that meets or

1351
00:47:38,080 --> 00:47:41,240
exceeds FEMA's minimum standards.

1352
00:47:41,240 --> 00:47:43,280
Um and these will

1353
00:47:43,280 --> 00:47:46,120
uh change

1354
00:47:46,120 --> 00:47:48,760
basic language that are currently in our

1355
00:47:48,760 --> 00:47:52,520
uh standards uh to meet um better better

1356
00:47:52,520 --> 00:47:53,560
meet

1357
00:47:53,560 --> 00:47:55,560
uh FEMA's minimum standards.

1358
00:47:55,560 --> 00:47:58,120
Uh as well as using their flood plain

1359
00:47:58,120 --> 00:48:00,240
maps that they have uh uh, changed in

1360
00:48:00,240 --> 00:48:03,000
the last few years. Uh, this is a long

1361
00:48:03,000 --> 00:48:04,640
time coming. Uh,

1362
00:48:04,640 --> 00:48:06,520
some of you may have been hearing it for

1363
00:48:06,520 --> 00:48:08,680
over 10 years from my understanding.

1364
00:48:08,680 --> 00:48:10,320
Uh, and then oh,

1365
00:48:10,320 --> 00:48:13,240
this uh,

1366
00:48:13,240 --> 00:48:15,960
ordinance will help enforce development

1367
00:48:15,960 --> 00:48:18,040
regulations within within flood hazard

1368
00:48:18,040 --> 00:48:19,520
areas.

1369
00:48:19,520 --> 00:48:20,960
So, uh,

1370
00:48:20,960 --> 00:48:23,920
the ordinance itself, uh, like I said,

1371
00:48:23,920 --> 00:48:27,520
is meeting the FEMA standards uh,

1372
00:48:27,520 --> 00:48:31,120
and is changing um, minimally as far as

1373
00:48:31,120 --> 00:48:33,440
what our current standards are. Uh, but

1374
00:48:33,440 --> 00:48:35,920
it is uh, broadening

1375
00:48:35,920 --> 00:48:38,920
those standards uh, so that is there is

1376
00:48:38,920 --> 00:48:42,080
less confusion when um, building within

1377
00:48:42,080 --> 00:48:43,440
flood plain

1378
00:48:43,440 --> 00:48:44,920
uh, areas.

1379
00:48:44,920 --> 00:48:45,560
Uh,

1380
00:48:45,560 --> 00:48:46,920
so

1381
00:48:46,920 --> 00:48:49,480
that that's that's basically

1382
00:48:49,480 --> 00:48:50,080
uh,

1383
00:48:50,080 --> 00:48:51,640
what is changing within the ordinance

1384
00:48:51,640 --> 00:48:53,880
itself. Uh, just

1385
00:48:53,880 --> 00:48:58,880
um, being more uh, additional definitions. There

1386
00:48:58,880 --> 00:49:00,360
there's more authority uh, from

1387
00:49:00,360 --> 00:49:02,720
administrative perspective. There's more

1388
00:49:02,720 --> 00:49:05,800
details from for the permits and uh,

1389
00:49:05,800 --> 00:49:07,680
flood proofing etc.

1390
00:49:07,680 --> 00:49:09,800
So, um,

1391
00:49:09,800 --> 00:49:14,080
what I have uh, next here are maps um,

1392
00:49:14,080 --> 00:49:17,400
from FEMA FEMA showing the changes in

1393
00:49:17,400 --> 00:49:20,560
the flood plains uh, within Provo City.

1394
00:49:20,560 --> 00:49:21,200
Uh,

1395
00:49:21,200 --> 00:49:23,400
these maps are just a few of them and

1396
00:49:23,400 --> 00:49:25,640
they're where the the changes are

1397
00:49:25,640 --> 00:49:28,320
greatest. Um, so if we look at these two

1398
00:49:28,320 --> 00:49:30,520
maps, uh, the one on the left is what is

1399
00:49:30,520 --> 00:49:34,120
currently adopted for Provo City. Um,

1400
00:49:34,120 --> 00:49:37,600
and it was uh, created in 2020. Um, and

1401
00:49:37,600 --> 00:49:40,480
it shows uh, the this blue area that you

1402
00:49:40,480 --> 00:49:42,360
can kind of see it's kind of hard to see

1403
00:49:42,360 --> 00:49:45,080
but it uh, the blue area is what we call

1404
00:49:45,080 --> 00:49:49,160
the 1% uh, flood area. Um,

1405
00:49:49,160 --> 00:49:50,880
and it is

1406
00:49:50,880 --> 00:49:53,600
uh, changing with the new maps.

1407
00:49:53,600 --> 00:49:55,480
Uh if you look on the right, this is

1408
00:49:55,480 --> 00:49:56,680
what uh

1409
00:49:56,680 --> 00:49:59,880
we'll be hoping to be adopted uh

1410
00:49:59,880 --> 00:50:04,040
to be a greater area within this um

1411
00:50:04,040 --> 00:50:07,160
within this map area. So,

1412
00:50:07,160 --> 00:50:11,280
uh the 1% is all the blue area,

1413
00:50:11,280 --> 00:50:13,960
and this is what is required if

1414
00:50:13,960 --> 00:50:15,200
uh for

1415
00:50:15,200 --> 00:50:16,360
FEMA

1416
00:50:16,360 --> 00:50:19,440
uh to have a federally in a flood

1417
00:50:19,440 --> 00:50:21,360
insurance for federally backed

1418
00:50:21,360 --> 00:50:22,840
mortgages.

1419
00:50:22,840 --> 00:50:23,960
Um

1420
00:50:23,960 --> 00:50:27,160
all the orange area is uh

1421
00:50:27,160 --> 00:50:30,240
a 0.2% chance flooding area, and these

1422
00:50:30,240 --> 00:50:31,440
are not

1423
00:50:31,440 --> 00:50:34,000
uh ones that are restricted for the

1424
00:50:34,000 --> 00:50:35,080
those

1425
00:50:35,080 --> 00:50:36,240
um

1426
00:50:36,240 --> 00:50:38,880
flood insurances

1427
00:50:38,880 --> 00:50:41,560
uh from federally backed mortgages, but

1428
00:50:41,560 --> 00:50:43,560
uh they're still shown there, and I I

1429
00:50:43,560 --> 00:50:45,160
want to make sure that uh that is

1430
00:50:45,160 --> 00:50:47,760
understood. Uh you can't see that same

1431
00:50:47,760 --> 00:50:49,720
kind of area in the left map. It's

1432
00:50:49,720 --> 00:50:51,680
hashed, and it's harder to see,

1433
00:50:51,680 --> 00:50:53,840
uh but it is there as well. So, we have

1434
00:50:53,840 --> 00:50:57,080
just uh three maps here uh showing the

1435
00:50:57,080 --> 00:50:59,080
west side of Provo and how there it is

1436
00:50:59,080 --> 00:51:00,360
changing.

1437
00:51:00,360 --> 00:51:02,080
Uh as you can tell uh

1438
00:51:02,080 --> 00:51:03,960
in the on the first map, there's a

1439
00:51:03,960 --> 00:51:07,960
greater uh area of 1% chance of

1440
00:51:07,960 --> 00:51:10,680
flooding, and then uh here on this next

1441
00:51:10,680 --> 00:51:13,400
map, it's basically the entire uh

1442
00:51:13,400 --> 00:51:16,320
airport that is going to be now in the

1443
00:51:16,320 --> 00:51:17,560
flood

1444
00:51:17,560 --> 00:51:20,760
uh hazard area, as well as this map

1445
00:51:20,760 --> 00:51:22,120
here.

1446
00:51:22,120 --> 00:51:25,200
Um so, that is again, just to reiterate,

1447
00:51:25,200 --> 00:51:28,320
this is a directive from FEMA. Um

1448
00:51:28,320 --> 00:51:30,080
we we worked with FEMA, we worked with

1449
00:51:30,080 --> 00:51:32,240
the Department of Emergency Management

1450
00:51:32,240 --> 00:51:34,400
with uh Utah,

1451
00:51:34,400 --> 00:51:37,680
uh as well as Benjamin Ruth from WSP to

1452
00:51:37,680 --> 00:51:39,280
uh make these changes for our ordinance

1453
00:51:39,280 --> 00:51:41,960
to follow FEMA's standards.

1454
00:51:41,960 --> 00:51:43,880
>> Okay. Thank you, Thomas. Any questions

1455
00:51:43,880 --> 00:51:46,400
for Thomas?

1456
00:51:46,400 --> 00:51:47,960
All right. Thank you.

1457
00:51:47,960 --> 00:51:49,280
We'll open this item up for public

1458
00:51:49,280 --> 00:51:51,000
comment. Is there any public comment on

1459
00:51:51,000 --> 00:51:53,160
the flood

1460
00:51:53,160 --> 00:51:54,920
plain management? This is something

1461
00:51:54,920 --> 00:51:56,520
that's really not up to us. It is

1462
00:51:56,520 --> 00:51:59,600
federally mandated.

1463
00:51:59,600 --> 00:52:02,000
All right. Um

1464
00:52:02,000 --> 00:52:04,840
council discussion.

1465
00:52:04,840 --> 00:52:05,680
All right, we'll take a vote on the

1466
00:52:05,680 --> 00:52:08,000
implied motion. Council May Kay, yes.

1467
00:52:08,000 --> 00:52:09,120
Council Christensen.

1468
00:52:09,120 --> 00:52:09,720
>> Yes.

1469
00:52:09,720 --> 00:52:10,920
>> Council Whitlock.

1470
00:52:10,920 --> 00:52:11,400
>> Yes.

1471
00:52:11,400 --> 00:52:12,400
>> Council Bogdan.

1472
00:52:12,400 --> 00:52:12,920
>> Yes.

1473
00:52:12,920 --> 00:52:15,560
>> Council Hoban.

1474
00:52:15,560 --> 00:52:16,160
>> Yes.

1475
00:52:16,160 --> 00:52:17,320
>> Council Whipple.

1476
00:52:17,320 --> 00:52:17,880
>> Yes.

1477
00:52:17,880 --> 00:52:19,080
>> And Council Garrett.

1478
00:52:19,080 --> 00:52:19,720
>> Yes.

1479
00:52:19,720 --> 00:52:21,960
>> So that passes 7-0. Next a public

1480
00:52:21,960 --> 00:52:24,920
hearing regarding the

1481
00:52:24,920 --> 00:52:28,800
year-end 2027 budget for Provo City.

1482
00:52:28,800 --> 00:52:30,360
Not year-end.

1483
00:52:30,360 --> 00:52:31,920
I don't know what FY stands for.

1484
00:52:31,920 --> 00:52:32,400
>> Thank you.

1485
00:52:32,400 --> 00:52:34,560
>> Fiscal year 2027

1486
00:52:34,560 --> 00:52:36,040
budget for Provo City. It'll be

1487
00:52:36,040 --> 00:52:44,590
presented by Kelsey Zarback.

1488
00:52:44,600 --> 00:52:45,800
» Good evening.

1489
00:52:45,800 --> 00:52:48,680
I'm Kelsey Zarback with finance and two

1490
00:52:48,680 --> 00:52:51,880
week Sorry, on May 5th, the

1491
00:52:51,880 --> 00:52:53,800
administration delivered the tentative

1492
00:52:53,800 --> 00:52:56,520
fiscal year 27 budget.

1493
00:52:56,520 --> 00:52:58,600
Did I say May 5th? Delivered that budget

1494
00:52:58,600 --> 00:53:00,000
to the council.

1495
00:53:00,000 --> 00:53:02,640
And this is the first of two public

1496
00:53:02,640 --> 00:53:04,920
hearings on that budget.

1497
00:53:04,920 --> 00:53:07,600
It can be accessed by going to provo.gov

1498
00:53:07,600 --> 00:53:09,560
and then there's if you scroll on the

1499
00:53:09,560 --> 00:53:10,920
home page down a little bit, there's a

1500
00:53:10,920 --> 00:53:12,680
transparency portal.

1501
00:53:12,680 --> 00:53:15,000
You click on financial and then budget

1502
00:53:15,000 --> 00:53:18,320
and financial reporting, annual budget

1503
00:53:18,320 --> 00:53:19,960
and then you can just click right into

1504
00:53:19,960 --> 00:53:23,200
that 2027 tentative budget.

1505
00:53:23,200 --> 00:53:25,280
Um a few pages that might be of interest

1506
00:53:25,280 --> 00:53:28,000
to the public. Pages 5 to 6 is where

1507
00:53:28,000 --> 00:53:29,520
you'll find the mayor's letter that kind

1508
00:53:29,520 --> 00:53:31,960
of shows what her priorities were and

1509
00:53:31,960 --> 00:53:33,880
then on pages 9 to 10, there are the

1510
00:53:33,880 --> 00:53:36,160
council priorities listed there.

1511
00:53:36,160 --> 00:53:38,520
Page 16 and for several pages after

1512
00:53:38,520 --> 00:53:40,000
that, there are budget highlights so you

1513
00:53:40,000 --> 00:53:42,560
can see what was added and just what

1514
00:53:42,560 --> 00:53:44,200
some of the revenue sources are and so

1515
00:53:44,200 --> 00:53:45,120
on.

1516
00:53:45,120 --> 00:53:46,840
So, hopefully the public has had a

1517
00:53:46,840 --> 00:53:48,400
chance to already look at that document,

1518
00:53:48,400 --> 00:53:49,680
but if not, it's there and there's

1519
00:53:49,680 --> 00:53:52,360
another public hearing on the budget on

1520
00:53:52,360 --> 00:53:54,680
June 23rd before the council would adopt

1521
00:53:54,680 --> 00:53:57,880
it. So, that's all I have and at this

1522
00:53:57,880 --> 00:53:59,400
point if unless there are questions, we

1523
00:53:59,400 --> 00:54:00,840
would just open it up to the public for

1524
00:54:00,840 --> 00:54:03,120
the public hearing. Thanks, Kelsey. Any

1525
00:54:03,120 --> 00:54:05,320
questions for Kelsey?

1526
00:54:05,320 --> 00:54:06,600
All right, thank you.

1527
00:54:06,600 --> 00:54:08,000
We'll open this item up for public

1528
00:54:08,000 --> 00:54:12,910
comment.

1529
00:54:12,920 --> 00:54:15,440
See no public comment.

1530
00:54:15,440 --> 00:54:16,840
And there's no council discussion, we'll

1531
00:54:16,840 --> 00:54:19,080
just go to the next item. All right, so

1532
00:54:19,080 --> 00:54:21,000
we have continued item number six and

1533
00:54:21,000 --> 00:54:23,320
seven. So, at this time if there's no

1534
00:54:23,320 --> 00:54:25,040
objection, we will now adjourn the Provo

1535
00:54:25,040 --> 00:54:27,400
City Council and convene the RDA

1536
00:54:27,400 --> 00:54:31,280
governing board by unanimous consent.

1537
00:54:31,280 --> 00:54:33,880
>> All right, we'd like to uh look at RDA

1538
00:54:33,880 --> 00:54:36,000
business a resolution adopting a project

1539
00:54:36,000 --> 00:54:38,400
area budget for Lakeview Parkway

1540
00:54:38,400 --> 00:54:40,680
Community Reinvestment Area.

1541
00:54:40,680 --> 00:54:42,840
And this will be presented by Melissa

1542
00:54:42,840 --> 00:54:48,310
McNally, Redevelopment Agency Director.

1543
00:54:48,320 --> 00:54:49,640
Unless she's not here, then it's going

1544
00:54:49,640 --> 00:54:52,320
to be very difficult for her to do that.

1545
00:54:52,320 --> 00:54:54,990
>> She's here.

1546
00:54:55,000 --> 00:55:13,190
» Thank you, Bill.

1547
00:55:13,200 --> 00:55:14,920
You know, how about if we uh Kelsey, do

1548
00:55:14,920 --> 00:55:16,760
you mind if we go ahead and go to your

1549
00:55:16,760 --> 00:55:19,160
topic? Thank you. We'll give uh Melissa

1550
00:55:19,160 --> 00:55:21,360
a chance to rally here. Uh public, we'll

1551
00:55:21,360 --> 00:55:23,240
go to item nine, a public hearing

1552
00:55:23,240 --> 00:55:25,840
regarding the Redevelopment Agency FY27

1553
00:55:25,840 --> 00:55:27,880
budget. And this will be presented by

1554
00:55:27,880 --> 00:55:29,840
Kelsey Zarbuck,

1555
00:55:29,840 --> 00:55:32,200
budget officer.

1556
00:55:32,200 --> 00:55:35,800
>> Thank you. So, the Redevelopment Agency

1557
00:55:35,800 --> 00:55:38,880
is a component unit of Provo City, so

1558
00:55:38,880 --> 00:55:40,280
that means it's a legally separate

1559
00:55:40,280 --> 00:55:42,480
entity, but financially intertwined with

1560
00:55:42,480 --> 00:55:44,600
primary government, which is the city.

1561
00:55:44,600 --> 00:55:46,200
So, we have a separate public hearing

1562
00:55:46,200 --> 00:55:48,640
for that for its budget. However, its

1563
00:55:48,640 --> 00:55:52,160
budget is also found in the Provo FY27

1564
00:55:52,160 --> 00:55:54,640
tentative budget found on the website.

1565
00:55:54,640 --> 00:55:57,000
You can go to page 144 and you'll be

1566
00:55:57,000 --> 00:56:00,040
able to see what the budget is for that

1567
00:56:00,040 --> 00:56:03,000
legally separate entity. Any questions?

1568
00:56:03,000 --> 00:56:06,430
>> Any questions for Kelsie?

1569
00:56:06,440 --> 00:56:08,760
All right. We'll open this up for public

1570
00:56:08,760 --> 00:56:15,070
comment. Any public comment?

1571
00:56:15,080 --> 00:56:19,710
Okay, any further board discussion?

1572
00:56:19,720 --> 00:56:21,240
All right, then we'll go ahead and go

1573
00:56:21,240 --> 00:56:23,800
back to a resolution adopting a project

1574
00:56:23,800 --> 00:56:25,880
area budget for the Lakeview Parkway

1575
00:56:25,880 --> 00:56:28,240
Community Reinvestment Area

1576
00:56:28,240 --> 00:56:30,760
and we're back to Melissa

1577
00:56:30,760 --> 00:56:33,080
McNally.

1578
00:56:33,080 --> 00:56:36,310
Welcome, Melissa.

1579
00:56:36,320 --> 00:56:38,800
» Hey, thank you.

1580
00:56:38,800 --> 00:56:42,560
So, um this Lakeview Parkway um

1581
00:56:42,560 --> 00:56:45,840
budget is anticipating three different

1582
00:56:45,840 --> 00:56:48,720
parcels that are in the project area

1583
00:56:48,720 --> 00:56:49,760
um

1584
00:56:49,760 --> 00:56:52,240
as retail

1585
00:56:52,240 --> 00:56:55,280
uh sites and commercial sites.

1586
00:56:55,280 --> 00:56:58,280
Um the Epic Sports Park is anticipated

1587
00:56:58,280 --> 00:57:01,520
to have um sorry, the parcel by the Epic

1588
00:57:01,520 --> 00:57:02,800
Sports Park

1589
00:57:02,800 --> 00:57:05,440
is anticipated to have a hotel as well.

1590
00:57:05,440 --> 00:57:08,400
So, there is some transient room tax um

1591
00:57:08,400 --> 00:57:10,280
figured into

1592
00:57:10,280 --> 00:57:11,760
the budget as well.

1593
00:57:11,760 --> 00:57:14,560
So, um these are just estimates because

1594
00:57:14,560 --> 00:57:17,520
nothing's been built yet. So,

1595
00:57:17,520 --> 00:57:19,720
um the

1596
00:57:19,720 --> 00:57:24,640
uh and um based on the uh budget up

1597
00:57:24,640 --> 00:57:27,600
on the screen, those are uh prop current

1598
00:57:27,600 --> 00:57:29,920
property values. Um I know when this

1599
00:57:29,920 --> 00:57:31,440
came up in work session, there was a

1600
00:57:31,440 --> 00:57:33,120
question about that.

1601
00:57:33,120 --> 00:57:34,760
The parcel by like

1602
00:57:34,760 --> 00:57:37,320
the parcel by the Epic Sports Park

1603
00:57:37,320 --> 00:57:40,040
is owned by the city currently. So, it

1604
00:57:40,040 --> 00:57:42,160
has no taxable value. That's why that

1605
00:57:42,160 --> 00:57:46,000
parcel shows no value on the

1606
00:57:46,000 --> 00:57:47,440
um

1607
00:57:47,440 --> 00:57:50,790
on the

1608
00:57:50,800 --> 00:57:51,720
prop

1609
00:57:51,720 --> 00:57:53,505
Okay.

1610
00:57:53,505 --> 00:57:55,670
>> [laughter]

1611
00:57:55,680 --> 00:57:58,520
» Apologies. My brain it just like shut

1612
00:57:58,520 --> 00:57:58,800
off.

1613
00:57:58,800 --> 00:58:00,040
>> That's why it's blank because there is

1614
00:58:00,040 --> 00:58:00,560
no

1615
00:58:00,560 --> 00:58:04,920
>> Yeah, that's why it's blank. There is no taxable value on that property

1616
00:58:04,920 --> 00:58:06,360
currently.

1617
00:58:06,360 --> 00:58:08,760
Um

1618
00:58:08,760 --> 00:58:12,120
and the other the other parcels and the

1619
00:58:12,120 --> 00:58:15,280
rest of the budget just anticipates

1620
00:58:15,280 --> 00:58:16,720
like I said

1621
00:58:16,720 --> 00:58:18,640
um

1622
00:58:18,640 --> 00:58:21,320
the possible sales tax that could be

1623
00:58:21,320 --> 00:58:23,640
gained from from those parcels if all of

1624
00:58:23,640 --> 00:58:26,000
the retail and commercial space is

1625
00:58:26,000 --> 00:58:31,360
developed and then there's also it shows

1626
00:58:31,360 --> 00:58:34,080
on page three of the budget. It does

1627
00:58:34,080 --> 00:58:37,600
show incremental property values on

1628
00:58:37,600 --> 00:58:40,000
those um

1629
00:58:40,000 --> 00:58:43,040
on the in the entire area and how that

1630
00:58:43,040 --> 00:58:44,400
would benefit all of the taxing

1631
00:58:44,400 --> 00:58:46,800
entities. Um

1632
00:58:46,800 --> 00:58:49,600
Let me see if there's anything else

1633
00:58:49,600 --> 00:58:52,910
I want to highlight.

1634
00:58:52,920 --> 00:58:54,600
Um

1635
00:58:54,600 --> 00:58:56,480
I think that's it as far as the as far

1636
00:58:56,480 --> 00:58:58,840
as the budget. Any changes that that

1637
00:58:58,840 --> 00:59:00,840
come up you'll see an amendment to this

1638
00:59:00,840 --> 00:59:03,280
budget if other incentives are

1639
00:59:03,280 --> 00:59:05,120
anticipated in this area.

1640
00:59:05,120 --> 00:59:11,720
>> So. Okay. Thank you, Alyssa. Any questions for Alyssa? Please, Becky.

1641
00:59:11,720 --> 00:59:13,600
>> So, just so that I understand correctly,

1642
00:59:13,600 --> 00:59:15,920
we spoke about

1643
00:59:15,920 --> 00:59:17,440
the parcel

1644
00:59:17,440 --> 00:59:20,960
south of the regional sports park as

1645
00:59:20,960 --> 00:59:23,120
having the value that it would have if

1646
00:59:23,120 --> 00:59:28,560
it was not owned by the city to be the value. So, that will come back as an

1647
00:59:28,560 --> 00:59:31,360
amendment to this

1648
00:59:31,360 --> 00:59:33,960
once we work all those details out.

1649
00:59:33,960 --> 00:59:35,040
Yes.

1650
00:59:35,040 --> 00:59:37,680
Yeah. As soon that that'll all be worked

1651
00:59:37,680 --> 00:59:42,440
out um with the RDA board with leadership and

1652
00:59:42,440 --> 00:59:45,320
then with the full RDA board any changes

1653
00:59:45,320 --> 00:59:47,080
like that as far as

1654
00:59:47,080 --> 00:59:48,400
um

1655
00:59:48,400 --> 00:59:50,000
because that would anticipate property

1656
00:59:50,000 --> 00:59:53,160
tax increment rate um given. So, at that

1657
00:59:53,160 --> 00:59:54,400
point yes, it would come back to the

1658
00:59:54,400 --> 00:59:56,000
board. You come back to the board and

1659
00:59:56,000 --> 00:59:58,160
amend this document. They'll probably

1660
00:59:58,160 --> 01:00:01,000
just come joint with the the contract

1661
01:00:01,000 --> 01:00:02,160
with

1662
01:00:02,160 --> 01:00:03,720
the sport the

1663
01:00:03,720 --> 01:00:05,720
portion below the sports park.

1664
01:00:05,720 --> 01:00:07,560
Um they could potentially be done

1665
01:00:07,560 --> 01:00:09,160
simultaneously.

1666
01:00:09,160 --> 01:00:11,000
Um

1667
01:00:11,000 --> 01:00:14,200
potentially. Okay, thank you.

1668
01:00:14,200 --> 01:00:16,720
>> Any other questions?

1669
01:00:16,720 --> 01:00:18,280
All right, we'll open this up for public

1670
01:00:18,280 --> 01:00:20,200
comment.

1671
01:00:20,200 --> 01:00:24,030
Any public comment?

1672
01:00:24,040 --> 01:00:25,480
All right, then we'll see if there's any

1673
01:00:25,480 --> 01:00:29,630
board discussion.

1674
01:00:29,640 --> 01:00:30,880
All right, seeing no board discussion of

1675
01:00:30,880 --> 01:00:32,800
all call for a vote.

1676
01:00:32,800 --> 01:00:34,280
Um

1677
01:00:34,280 --> 01:00:35,440
I Gary Garrett.

1678
01:00:35,440 --> 01:00:37,720
>> Yes.

1679
01:00:37,720 --> 01:00:39,560
>> Katrice Mackay.

1680
01:00:39,560 --> 01:00:40,360
>> Yes.

1681
01:00:40,360 --> 01:00:40,680
>> Uh

1682
01:00:40,680 --> 01:00:41,280
>> Yes.

1683
01:00:41,280 --> 01:00:43,000
>> Craig Christensen, yes.

1684
01:00:43,000 --> 01:00:43,880
Jeff Whitlock.

1685
01:00:43,880 --> 01:00:44,400
>> Yes.

1686
01:00:44,400 --> 01:00:45,160
>> Becky Bogden.

1687
01:00:45,160 --> 01:00:45,880
>> Yes.

1688
01:00:45,880 --> 01:00:46,600
>> Travis Hoban.

1689
01:00:46,600 --> 01:00:47,120
>> Yes.

1690
01:00:47,120 --> 01:00:48,120
>> Rachel Whipple.

1691
01:00:48,120 --> 01:00:48,560
>> Yes.

1692
01:00:48,560 --> 01:00:51,360
>> Okay, and that's 7-0.

1693
01:00:51,360 --> 01:00:53,680
All right, I'll now uh see if there's no

1694
01:00:53,680 --> 01:00:55,760
objection, we'll now adjourn Provo RDA

1695
01:00:55,760 --> 01:00:57,560
Governing Board and convene the Storm

1696
01:00:57,560 --> 01:00:59,520
Water Service District Governing Board

1697
01:00:59,520 --> 01:01:02,320
by unanimous consent.

1698
01:01:02,320 --> 01:01:04,000
>> All right, next we have a public hearing

1699
01:01:04,000 --> 01:01:07,720
regarding the fiscal year 2027 budget

1700
01:01:07,720 --> 01:01:09,480
for the Storm Water Service District.

1701
01:01:09,480 --> 01:01:13,510
And again, Kelsey Surbaugh.

1702
01:01:13,520 --> 01:01:15,800
This is the last one, I promise.

1703
01:01:15,800 --> 01:01:17,680
So, this is the Storm Water Service

1704
01:01:17,680 --> 01:01:20,080
District's um public hearing for the

1705
01:01:20,080 --> 01:01:22,760
fiscal year 2027 budget. You can find

1706
01:01:22,760 --> 01:01:25,720
this budget on page 142 of the Provo

1707
01:01:25,720 --> 01:01:28,120
City budget on the website.

1708
01:01:28,120 --> 01:01:29,680
So, we will just open that up for a

1709
01:01:29,680 --> 01:01:32,400
public comment. Um public hearing. Thank

1710
01:01:32,400 --> 01:01:34,600
you.

1711
01:01:34,600 --> 01:01:35,920
>> Thanks, Kelsey.

1712
01:01:35,920 --> 01:01:37,240
Um we'll open this item up for public

1713
01:01:37,240 --> 01:01:39,400
comment.

1714
01:01:39,400 --> 01:01:40,800
I'm just dying to know why you're all

1715
01:01:40,800 --> 01:01:42,240
here.

1716
01:01:42,240 --> 01:01:43,800
>> I've been thinking the same thing.

1717
01:01:43,800 --> 01:01:45,680
>> Budget. I know.

1718
01:01:45,680 --> 01:01:46,200
Um

1719
01:01:46,200 --> 01:01:47,800
>> be a second public hearing on this

1720
01:01:47,800 --> 01:01:48,280
budget.

1721
01:01:48,280 --> 01:01:49,520
>> And there will be a second public

1722
01:01:49,520 --> 01:01:51,560
hearing on all of these, too.

1723
01:01:51,560 --> 01:01:52,720
Remember to say your name and city,

1724
01:01:52,720 --> 01:01:55,080
please.

1725
01:01:55,080 --> 01:01:56,880
>> David Campbell, Provo.

1726
01:01:56,880 --> 01:01:57,840
Um

1727
01:01:57,840 --> 01:01:59,120
again,

1728
01:01:59,120 --> 01:02:01,480
looking at the budget, I'm not seeing

1729
01:02:01,480 --> 01:02:04,040
anything close in the water world close

1730
01:02:04,040 --> 01:02:05,280
to what the

1731
01:02:05,280 --> 01:02:07,040
uh consultants projected would be the

1732
01:02:07,040 --> 01:02:10,840
cost. I know there are plans to um

1733
01:02:10,840 --> 01:02:13,240
amend the budget with increased rates

1734
01:02:13,240 --> 01:02:17,400
and etc. I just uh throw my two bits in

1735
01:02:17,400 --> 01:02:22,760
to uh recommend that we get the the water infrastructure

1736
01:02:22,760 --> 01:02:25,440
problem solved. It's just so easy to

1737
01:02:25,440 --> 01:02:27,080
ignore because it's

1738
01:02:27,080 --> 01:02:29,640
not super visible. So, that's it.

1739
01:02:29,640 --> 01:02:30,600
Thanks.

1740
01:02:30,600 --> 01:02:32,560
>> Uh just a update on that. We did have a

1741
01:02:32,560 --> 01:02:35,240
work meeting today where we voted to do

1742
01:02:35,240 --> 01:02:37,200
the 6% increase that the consultants

1743
01:02:37,200 --> 01:02:41,600
recommended. So, we're on par with that.

1744
01:02:41,600 --> 01:02:45,000
All right. Any more public comment?

1745
01:02:45,000 --> 01:02:46,280
All right. If there's no objection,

1746
01:02:46,280 --> 01:02:47,720
we'll now adjourn the Storm Water

1747
01:02:47,720 --> 01:02:49,240
Service District Governing Board by

1748
01:02:49,240 --> 01:02:52,680
unanimous consent.