Forest Service building purchase, 507 25th Street
The Redevelopment Agency agreed in December 2024 to buy the U.S. Forest Service building for $3.6 million. The council approved a sales tax pledge on Feb. 18, 2025 to back Agency bonds, with a public hearing on bond parameters set for March 18.
- Where it stands
- Approved
- Type
- Public project
- Location
- 507 25th Street
- Applicant
- Ogden City Redevelopment Agency
Every hearing and vote
February 18, 2025 · City Council
Sales tax pledge for Forest Service building purchase (Resolution 2025-4)
Approved · 7-0
The council approved a form of interlocal sales tax pledge agreement and the issuance of a city obligation as a backstop to Redevelopment Agency tax increment for buying the U.S. Forest Service building at 507 25th Street, and set a public hearing on bond parameters for March 18, 2025 at 6 p.m. The Agency board approved the $3.6 million purchase on Dec. 10, 2024, with a $600,000 budget amendment for earnest money and maintenance, and the earnest money was paid in December. A financial advisor from Lewis Robertson Burningham presented. The Special Redevelopment Agency board adopted Resolution 2025-1 authorizing the sale of the agency's sales tax and tax increment revenue bonds, 7-0, per the meeting results.
March 18, 2025 · City Council
Public hearing: sales tax agreement for Forest Service building bonds
No action
The council held a required public hearing on the sales tax pledge that secures Redevelopment Agency bonds for buying the U.S. Forest Service building at 507 25th Street. Nate Robertson of Lewis Robertson Burningham outlined the remaining steps. No one spoke, and Council Executive Director Eller-Smith said no action was required because the bond parameters resolution was adopted Feb. 18.