General Information

Government Type

Municipality

Entity

Riverton

Public Body

City Council

Notice Information

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Notice Title

Riverton City Public Notice

Notice Subject(s)

Business

Notice Type(s)

Notice

Event Start Date & Time

September 19, 2016 12:00 AM

Description/Agenda

NOTICE OF INTERLOCAL AGREEMENT BETWEEN THE RIVERTON CITY REDEVELOPMENT AGENCY AND THE JORDAN VALLEY WATER CONSERVANCY DISTRICT Pursuant to Section 11-13-219, Utah Code Annotated 1953, as amended, the Riverton City Redevelopment Agency ,(the 'Agency'), and the Jordan Valley Water Conservancy District, ( the 'Water District') are providing this notice with respect to the respective Interlocal Agreement (the 'Interlocal Agreement') entered into, separately and individually, by and between the Agency and the Water District, (the 'Taxing Entity'), wherein the Taxing Entity has agreed to remit to the Agency annually a portion of the tax increment generated within the Western Commercial Community Development Project Area (the 'Project Area') for the purpose of providing funds to the Agency to carry out the Project Area Plan. The Interlocal Agreements provide that the Taxing Entity will remit to the Agency annually a portion of the Project Area's tax increment. The first payment of tax increment from the Taxing Entity to the Agency will occur from tax receipts no later than the 2019 tax year. A summary of the salient terms of the Interlocal Agreement are to provide 75% of the available tax increment to the Agency for a period of 20 years, or until a cap of $2,250,000 has been obtained by the Agency, the agreement was approved and entered into on September 6,2016. A copy of the Interlocal Agreement is and will be available for public inspection and copying at the Agency's offices located at 12830 South Redwood Rd, Riverton, Utah 84065 between the hours of 8:00 am and 6:00 pm Monday through Thursday, and 8:00 am and 5:00 pm on Friday, 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 Interlocal Agreement or the procedures used to adopt them, or if the Interlocal Agreement or the procedures fail to comply with any applicable statutory requirements. After the 30-Day Period, no person may contest the Interlocal Agreements (or any one of them) for any cause.

Notice of Special Accommodations (ADA)

The City Office is an accessible facility. Individuals needing special accommodations or assistance during this meeting shall notify the City Recorders Office at 801-208-3126, at least two business days in advance of the meeting. Accessible parking and entrance are located on the south end of the building with elevator access to the City Council Chambers located on the second floor.

Notice of Electronic or Telephone Participation

N/A

Meeting Information

Meeting Location

12830 South 1700 West
Riverton, 84065
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Contact Name

Jamie Larsen

Contact Email

jlarsen@rivertonutah.gov

Contact Phone

(801)208-3128

Notice Posting Details

Notice Posted On

September 14, 2016 01:35 PM

Notice Last Edited On

September 14, 2016 01:35 PM

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