Body
B4.1 Philosophy
Spaces for lease at the Main Library are designed to provide community shops and services for library patrons which will support the neighborhood surrounding Library Square and to encourage and enhance activity on the square.
B4.2 Restrictions on Private Use of Library
B4.2.1 Conformance with Bond Conditions
Private Use of the Library is restricted due to the tax-exempt financing of the new Main Library. Private Use is defined as use by any person or entity (other than a state or local government, or use as a member of the general public) for trade or business purposes. It does not include contracts for services solely incidental to the primary function of the Library, short-term arrangements which do not exceed fifty (50) days, or arm’s length/fair market value arrangements. The maximum aggregate space which may be used for Private Use is 12,000 square feet.
B4.2.2 Conformance with Public Lands – Two (PL-2) Zoning
Private Use of the Library will conform to the requirements of zoning as established by Salt Lake City Corporation, in this case the Public Lands – Two (PL-2) Zone.
B4.7 Retail Advisory Committee
A Retail Advisory Committee shall be composed of a representative from the Board of Directors, the Library Director, and others as deemed appropriate by the Library Administration. The Retail Advisory Committee will make a recommendation to the Library Board of Directors of potential tenants to be considered for lease negotiation OR The Retail Advisory Committee will make recommendations to the Library Board of Directors regarding proposals that should be considered for lease negotiation. The Library Board of Directors will give final approval.
Approved by Library Board of Directors, April 2017