HolladayDigest

• Royal Holladay Hills Affordable Housing Agreement

  Continued public hearing on proposed agreement between the City, the Redevelopment Agency of Holladay, and KMW Development, LLC

• Resident concerns regarding lack of prior disclosure and communication about the proposal

• Resident concerns regarding the financial burden of shared amenities on the existing Block D Homeowners Association (HOA)

• Resident request to delay the vote by 30 days (until January 20, 2026)

• Developer's opposition to delay due to shifting construction deadlines and timeline obligations

• Council discussion on the City's financial obligations, loan structure, and the distinction between City matters and HOA/developer-resident matters

• Transition from City Council Meeting to Redevelopment Agency (RDA) Meeting

Resolution 2025-37 — Approved an Agreement Between the City, the Redevelopment Agency of Holladay, and KMW Development, LLC, Relating to Affordable Housing in the Royal Holladay Hills Project.

• Agreement pertains to affordable housing units (80% Area Median Income) to be located in the yet-to-be-built Block E

• The City's contribution is structured as a loan of $2.5 million, with provisions for loan forgiveness as units are built, delivered for occupancy, and deed-restricted; the loan is callable by the City if units are not delivered

Vote 1: Resolution 2025-37 — Royal Holladay Hills Affordable Housing Agreement

Motion

Council Member Brewer moved to approve Resolution 2025-37

Second

Council Member Quinn

Outcome

Passed unanimously

Emily Gray

Yes

Drew Quinn

Yes

Paul Fotheringham

Yes

Matt Durham

Yes

Ty Brewer

Yes

Mayor Rob Dahle

Yes

Vote 2: Adjourn City Council Meeting and Reconvene as RDA Meeting

Motion

Council Member Gray moved to adjourn and reconvene as RDA Meeting

Second

Council Member Durham

Outcome

Passed unanimously

(Individual votes not recorded)

• Developer to begin schematic drawings for Block E affordable housing units immediately upon agreement approval

  KMW Development, LLC / Wade BudgeTimelineSchematic drawings due by June (per agreement)

• Developer to bring further developed drawings back to the City

  KMW Development, LLCTimelineBy end of 2026 (per agreement)

• Developer to meet with Block D condominium residents to discuss HOA and shared amenity concerns

  Woodbury Corporation / KMW Development, LLCTimelineOngoing; meeting already scheduled as of 12/18/25

• Council Member Fotheringham noted openness to amending the agreement in the future to consider placing units in Block D

  City CouncilTimelineFuture consideration, if applicable

• Public Comments

  No general public comments were received under Item III.

• Public Hearing Testimony

  • Terri Yeckley: (representing herself and other residents) requested a 30-day delay in the vote (to January 20, 2026), citing insufficient time for review and a desire for more robust discussions with the developer. Residents reportedly learned of the proposal by discovering it on the City Council Meeting agenda.
  • Tom Peterson: (1920 East Rodeo Walk Drive) expressed concern about the lack of meaningful communication, the financial burden of shared amenities on the HOA, and the impact on elderly residents. He supported affordable housing but requested additional time.
  • Wade Budge: (representing Block E developer) opposed the delay, stating that deadlines had shifted to accelerate delivery of schematic and developed drawings, and that a 30-day delay would create additional risk and uncertainty.

• Key Council Clarification

  All six council members independently affirmed that the HOA/shared amenity concerns raised by residents are matters between the residents and the developer — not City issues — and that the vote on the Affordable Housing Agreement does not prevent continued resident-developer discussions.

• Minutes Approved

  January 8, 2026

• City Council Meeting Adjourned

  Approximately 6:30 p.m.