Ballpark neighborhood parking structure
A 926-stall parking structure partly financed by a $7 million Utah State Infrastructure Bank loan, authorized by Resolution 31 on Sept. 7, 2021, 6-0.
Approved
- Type
- Public project
- Location
- Between 400 and 500 West and 600 and 700 South
- City Council: Utah State Infrastructure Bank loan for a parking structure
- City Council work session: Utah State Infrastructure Bank loan application
In brief
Ballpark neighborhood parking structure appears on 2 recorded agendas, from the City Council work session meeting of August 24, 2021 to the City Council meeting of September 7, 2021.
On record, it was approved once.
The most recent decision was approved (6-0) at the City Council meeting of September 7, 2021.
Follow the money and project delivery
Ballpark neighborhood parking structure
- Council action
Approved: Utah State Infrastructure Bank loan for a parking structure · Approved minutes Record → · Sept. 7, 2021
- Money in the record
bond: $7.00 million — Loan toward a parking structure Record → · Sept. 7, 2021
- Signed agreement and payments
Execution and project-level disbursements are not verified by this tracker. They require separate records; meeting approval alone does not establish either.
- Work and operating costs
Check the linked records for completion and recurring operating costs; this tracker does not verify them. Record →
Every hearing and vote
September 7, 2021 · City Council
Utah State Infrastructure Bank loan for a parking structure
Approved · 6-0
The Council adopted Resolution 31 of 2021 authorizing a $7 million loan from the Utah State Infrastructure Bank toward a parking structure. Council Member Valdemoros asked about the city's liability if the state defaulted; Cindy Gust-Jenson said the city would ultimately be liable but default was highly unlikely. Council Member Dugan said the structure would reduce the area's parking footprint rather than add to it.
August 24, 2021 · City Council work session
Utah State Infrastructure Bank loan application
Pending
The agenda listed a discussion of a $7,000,000 loan from the Utah State Infrastructure Bank to finance a 926-stall neighborhood parking structure between 400 and 500 West and 600 and 700 South, for public parking and a design anticipating less future vehicle traffic.