Williams International's $22 million incentive is a cap, with key conditions dated Dec. 31, 2026

Our Oct. 15 story on the Ogden-Hinckley Airport noted that the city's redevelopment agency approved up to $22 million in tax increment for Williams International's expansion, plus $5.5 million for a waterline. The agreement in the agency's March 11, 2025 meeting packet shows the $22 million is a ceiling on payments that depend on conditions, several tied to Dec. 31, 2026. ^[1]

The agency board adopted Resolution 2025-4 authorizing the executive director to sign the agreement by a 6-0 vote, with board members Blair, Choberka, Graf, Myers, acting Chair Hyer and Chair White voting yes. Board member Richey was not present for the vote. ^[2]

How the payments are built

The agreement defines a "Tax Increment Cap" of $22,000,000 for all payments to the company. It includes an initial payment of uncommitted increment from the older Hinckley Drive Economic Development Area, "estimated in the amount of" $800,000 and due July 31, 2025. ^[1]

Annual payments are due each July 31 from 2026 through July 31, 2048. Each equals 75% of the tax increment the agency receives from the project, so the amount depends on actual property taxes the expansion generates. Increment received after the cap is met stays with the agency. ^[1]

The packet's staff report described the incentive as $17 million for electrical infrastructure and $5 million for jobs. The administrative transmittal and agreement divide it into the $800,000 initial payment, up to $5 million for 316 planned jobs and workforce programs, and up to $16.2 million for electrical improvements such as a substation or microgrid. The staff report estimated the project would generate $31.25 million in available increment through 2047; the transmittal estimated $31.81 million. ^[1]

The conditions

For the first $5 million, the agreement requires the company to have used commercially reasonable efforts to obtain a building permit by Dec. 31, 2025, for the 2026 payment, and to substantially complete its improvements by Dec. 31, 2026, for later payments. ^[1]

The second phase, up to $16.2 million, requires commercially reasonable efforts to complete the electrical improvements by Dec. 31, 2030, and caps payments at the amount the company actually invests if it is less than $16.2 million. The company must file a report by March 31 each year listing the prior year's electrical, water and sewer improvements and their costs, backed by financial reports, purchase orders or other documentation. ^[1]

Separately, the termination section says that if the company has not substantially completed its improvements by Dec. 31, 2026, "this Agreement shall terminate effective as of that date, and neither Party shall have further obligations to the other Party." ^[1]

The waterline and the county's share

Apart from the payment cap, the agency agreed to commit up to $5.5 million of Airport CRA increment for a new public 24-inch waterline from the airport well to Hinckley Drive, replacing a line that crosses the company's property. The transmittal says the new line would let the city abandon the old one. ^[1]

At the same meeting, the board voted 6-0 to approve an amended interlocal agreement with Weber County. The minutes say the county chose to reduce its participation in the Airport CRA from 90% to 75% and to restrict its contribution to infrastructure. ^[2]

The packet says the company planned 100,000 square feet of new space, 316 new jobs and $366 million in capital investment by 2030. These are the company's projections. ^[1]