The Midvale Redevelopment Agency is scheduled to meet on September 1, 2026, to discuss several financial and property agreements, including a business loan for The Vale and a lease agreement with Craft Lake City. This upcoming session follows months of revitalization efforts, including the discussion of the Main Street Upper Floor Housing Initiative earlier this year.
Upcoming Financial and Lease Discussions
The September 1 meeting will feature several key action items and discussion topics. According to an agenda released by the Redevelopment Agency of Midvale City on August 27, 2026, the board will consider Resolution No. 2026-22RDA, which would authorize the Chief Administrative Officer to execute an agreement subordinating the deed of trust held by the agency for Midvale Main Partners II LLC in favor of a deed of trust held by Zions Bank.
Additionally, the board is set to discuss the terms of a business loan agreement between the agency and Post Exchange, LLC, doing business as The Vale. The agency also plans to hold discussions regarding a property lease agreement with Craft Lake City for hosting curated workshops in the Art House.
Recent Agency Actions
The agency's recent schedule highlights a sustained focus on local business and housing. On August 18, 2026, the board approved a five-year contract with Craft Lake City to produce the annual LetterWest Conference, according to an agency agenda.
Earlier in the summer, the agency addressed legal and financial modifications for existing partners. On July 7, 2026, the board considered Resolution No. 2026-19RDA, which authorized an amendment to a loan agreement with The Bambino LLC regarding a change in collateral. During that same July 7 meeting, the board also reviewed Resolution No. 2026-17RDA concerning amendments to a business loan agreement with Greek Streak Taverna, LLC.
Housing and Public Art Initiatives
Housing and community aesthetics have been central themes for the agency throughout 2026. On May 19, 2026, the board considered Resolution No. 2026-11RDA to approve proposed amendments and the renewal of the Main Street Upper Floor Housing Initiative, according to agency documents.
In May, the agency also focused on public art projects to enhance the district. On May 5, 2026, the board reviewed resolutions to authorize agreements with Angie Jerez for a mural on the East-facing wall of the Art House at 7697 S. Main Street, and with Nigel Sussman for a mural on the South-facing wall of the same building.
Fiscal and Long-term Planning
The agency has been engaged in long-term planning and fiscal management since the beginning of the year. On February 3, 2026, the board held discussions regarding the proposed Midvale Main Street Activation Grant Program and proposed amendments to the Main Street Façade Improvement Program.
As part of its fiscal responsibilities, the agency moved to adopt its FY2027 tentative budget on May 5, 2026, which covers the period from July 1, 2026, through June 30, 2027. This follows earlier administrative work, such as the March 3, 2026, meeting where the board considered amendments to a term sheet for a business loan agreement with Greek Streak Taverna, LLC.
Procedural Protocols
Throughout these various meetings, the agency has maintained standard procedural protocols. For the upcoming September 1 meeting, the agency noted that public comments must be submitted electronically by 5:00 p.m. on August 31, 2026.
The agency's agenda also consistently includes provisions for closed sessions. These sessions allow the board to discuss matters such as the character or professional competence of individuals, litigation strategy, the purchase or lease of real property, security personnel deployment, and investigative proceedings regarding criminal misconduct.
