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CRA true-up, HTRZ approval and second parks‑bond tranche preview discussed at CRA board meeting

Salt Lake City Council · May 15, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The CRA board reviewed a budget true‑up that adjusts project tax‑increment receipts and corrects a county accounting error, noted state approval of a Central Station HTRZ with a $370M cap, conducted a straw poll to release funds for 9‑Line property acquisitions, and received a preview of a nearly $35M second tranche request for the 2022 parks and trails bond.

At the May 13 meeting the Community Reinvestment Agency (CRA) board handled several business items and briefings:

- Public comment: Neil Amonson spoke in person to raise allegations about a lease termination by the Salt Lake City Department of Airports; he reported having provided documentation to the FAA district office and said he had not initiated litigation (board accepted written materials for the record).

- Budget amendment #2 (FY24–25) true‑up: Staff explained this amendment aligns conservative tax‑increment estimates used in the…

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