Sweetwater #4 community reinvestment project area
A community reinvestment project area of about 567 acres south of the Meta data center campus. The council adopted the project area plan 4-1 and a tax increment interlocal agreement with the Redevelopment Agency Nov. 5, 2025.
Approved
- Type
- Development agreement
- Location
- South of the Meta data center campus
- Size
- 567 acres
- City Council: Pledge of sales and use taxes for Redevelopment Agency bonds, Series 2026
- City Council: Sweetwater #4 community reinvestment project area plan
- City Council: Interlocal agreement between the Redevelopment Agency and city for tax increment collection a…
In brief
Sweetwater #4 community reinvestment project area appears on 2 recorded agendas, from the City Council meeting of November 5, 2025 to the City Council meeting of June 2, 2026.
On record, it was approved 3 times.
The most recent decision was approved (3-1-1) at the City Council meeting of June 2, 2026, with Council Member Rich Wood voting no.
Follow the money and project delivery
Sweetwater #4 community reinvestment project area
- Council action
Approved: Pledge of sales and use taxes for Redevelopment Agency bonds, Series 2026 · Approved minutes Record → · June 2, 2026
- Money in the record
bond: amount not given — Sales and use tax pledge for Redevelopment Agency sales tax and tax increment revenue bonds, Series 2026 Record → · June 2, 2026
- Signed agreement and payments
Execution and project-level disbursements are not verified by this tracker. They require separate records; meeting approval alone does not establish either.
- Work and operating costs
Check the linked records for completion and recurring operating costs; this tracker does not verify them. Record →
Every hearing and vote
June 2, 2026 · City Council
Pledge of sales and use taxes for Redevelopment Agency bonds, Series 2026
Approved · 3-1-1
Brad Patterson of GilmoreBell answered a council question. Council Member Rich Wood voted no; Council Member Zachory Huish abstained without stating a reason. Wright was excused for the closed session vote only. The amount of the bonds is not stated.
November 5, 2025 · City Council
Sweetwater #4 community reinvestment project area plan
Approved · 4-1
Economic Development Director Evan Berrett said the ordinance adopts the plan approved by the Redevelopment Agency and authorizes statutory notice. The area covers about 567 acres south of the Meta data center campus and is described as a multibillion-dollar investment. The minutes record no reason for Burnham's no vote.
- Acres: about 567
November 5, 2025 · City Council
Interlocal agreement between the Redevelopment Agency and city for tax increment collection and remittance
Approved · 5-0
Berrett said the agreement covers tax increment revenue for infrastructure and economic development in the Sweetwater #4 area.