Fairpark district municipal services agreement
Interlocal agreement under which the state-created district reimburses the city for water, sewer, police, fire and homelessness services, on top of base taxable value and 25% of enhanced property tax. Adopted Dec. 10, 2024 (Resolution 47).
- Where it stands
- Approved
- Type
- Development agreement
- Location
- Utah Fairpark Area Investment and Restoration District
Every hearing and vote
December 3, 2024 · City Council work session
Municipal services interlocal agreement with the Utah Fairpark Area Investment and Restoration District
Discussed
Staff briefed the Council on an agreement, required by House Bill 562 (2024) by Dec. 31, 2024, under which the district would reimburse the city for municipal services such as water, sewer, police, fire and homelessness assistance. This would be in addition to the city receiving the base taxable value and 25% of the enhanced property tax from the district boundary; the proposal would have the city keep an additional percentage. The agreement is separate from the Larry H. Miller development agreement, and the Council could consider it Dec. 10. Ms. Lewis urged the Council to consider the future budget needed for a growing population and a new district.
December 10, 2024 · City Council
Municipal services interlocal agreement with the Utah Fairpark Area Investment and Restoration District
Approved · 7-0
The Council adopted Resolution 47 of 2024 authorizing the Administration to enter an interlocal agreement with the UFAIR District under which the district reimburses the city for municipal services such as water, sewer, police, fire and homelessness assistance. The reimbursement is in addition to the city receiving the base taxable value and 25% of the enhanced property tax from the district boundary. State House Bill 562 requires the agreement by Dec. 31, 2024.