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Notice of Amended Interlocal Agreement between NSL and NSLRDA

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General Information

Government Type
Municipality
Entity
City of North Salt Lake
Public Body
City Council

Notice Information

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Notice Title
Notice of Amended Interlocal Agreement between NSL and NSLRDA
Notice Subject(s)
Official Notices
Notice Type(s)
Notice
Event Start Date & Time
April 7, 2015 10:06 AM
Description/Agenda
NOTICE OF AMENDED INTERLOCAL AGREEMENT BETWEEN THE CITY OF NORTH SALT LAKE REDEVELOPMENT AGENCY AND THE CITY OF NORTH SALT LAKE. Pursuant to Section 11-13-219, Utah Code Annotated 1953, as amended, the City of North Salt Lake Redevelopment Agency (the ?Agency?) and the City of North Salt Lake (the ?City) are providing this notice with respect to an Amended Interlocal Agreement (the ?Amended Interlocal Agreement?) entered into, separately and individually, by and between the Agency and the City, wherein the City has separately and individually agreed to remit to the Agency annually a portion of the tax increment generated within the Eaglewood Village Community Development Project Area (the ?Project Area?) for the purpose of providing funds to the Agency to carry out the Project Area Plan. The Amended Interlocal Agreement provides that the City will remit to the Agency annually a portion of the Project Area?s tax increment. The first payment of tax increment from the City to the Agency will occur from tax receipts from the 2012 tax year. A summary of the salient terms of the Amended Interlocal Agreement is as follows: Taxing Entity Agreement Duration Percent of Increment to Agency Agreement Date City 9 Years 40% March 17, 2015 A copy of the Amended Interlocal Agreement is available for public inspection and copying at the Agency?s offices located at 10 E. Center St., North Salt Lake, Utah, between the hours of 7:00 am and 5:30 pm Monday through Thursday, for a period of at least 30 days following the date of publication of this notice (the ?30-Day Period?). During that 30-Day Period, any person in interest may contest the Amended Interlocal Agreement (or any one of them) or the procedures used to adopt them (or any one of them) if the Amended Interlocal Agreement or the procedures fail to comply with any applicable statutory requirements. After the 30-Day Period, no person may contest the Amended Interlocal Agreement for any cause.
Notice of Special Accommodations (ADA)
If you need special accommodations to participate in the City Council meeting, please call the City Recorder's office at 801-335-8709. Please provide at least 24 hours notice for adequate arrangements to be made.
Notice of Electronic or Telephone Participation
The City passed Resolution No. 03-11R approving written procedures for telephonic or telecommunications conference.

Meeting Information

Meeting Location
10 East Center
North Salt Lake, 84054
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Contact Name
Wendy Page
Contact Email
wendyp@nslcity.org
Contact Phone
(801)335-8709

Notice Posting Details

Notice Posted On
April 07, 2015 10:20 AM
Notice Last Edited On
April 07, 2015 10:20 AM

Download Attachments

File Name Category Date Added
NSL Eaglewood Newspaper Notice -Interlocal Agreements _4 2 15_.pdf Public Information Handout 2015/04/07 10:11 AM


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