EAGLE MOUNTAIN
REDEVELOPMENT AGENCY BOARD MEETING
(Immediately Following City Council Meeting)
JUNE 2, 2026, 8:00 PM
EAGLE MOUNTAIN CITY COUNCIL CHAMBERS
1650 EAST STAGECOACH RUN, EAGLE MOUNTAIN, UTAH 84005
REDEVELOPMENT AGENCY BOARD MEETING - CITY COUNCIL CHAMBERS
1. CALL TO ORDER
2. MINUTES
2.A. May 5, 2026 Minutes - Regular Redevelopment Agency Board Meeting
3. RESOLUTIONS
3.A. RESOLUTION - A Resolution of the Redevelopment Agency Board of Eagle Mountain City, Utah, Approving the Issuance of the Agency's Sales Tax and Tax Increment Revenue Bonds, Series 2026 (the 'Bonds') in Par Amount of Not to Exceed $10,000,000 and Authorizing the Execution of Related Bond Documents Thereto and all other Actions Required to Issue the Bonds.
BACKGROUND: (Presented by Director of Administrative Services, Kimberly Ruesch) This resolution authorizes the City to pledge a portion of its sales and use tax revenue toward the Redevelopment Agency's Series 2026 bonds to finance these infrastructure improvements. The project involves a proposed 50-acre retail development anchored by Smith's Marketplace and Lowe's Home Improvement, using CRA and TIF financing to help fund nearby roadway improvements, including Old Airport Road, Lake Mountain Corridor, and Pony Express Parkway. The City Council previously directed Staff on May 19, 2026, to move forward with financing options to support favorable bond terms.
4. ADJOURNMENT
THE PUBLIC IS INVITED TO PARTICIPATE IN PUBLIC MEETINGS FOR ALL AGENDAS.
In accordance with the Americans with Disabilities Act, Eagle Mountain City will make reasonable accommodations for participation in all Public Meetings and Work Sessions. Please call the City Recorder's Office at least 3 working days prior to the meeting at 801-789-6611. This meeting may be held telephonically to allow a member of the public body to participate. This agenda is subject to change with a minimum 24-hour notice.
CERTIFICATE OF POSTING
The undersigned, duly appointed City Recorder, does hereby certify that the above agenda notice was posted on this 29 day of May, 2025, on the Eagle Mountain City bulletin boards, the Eagle Mountain City website www.eaglemountain.gov, posted to the Utah State public notice website http://www.utah.gov/pmn/index.html, and was emailed to at least one newspaper of general circulation within the jurisdiction of the public body.
Lacie A. Messerly, City Recorder
Notice of Special Accommodations (ADA)
In compliance with the Americans with Disabilities Act, individuals needing special accommodations (including auxiliary communicative aids and services) during this meeting should notify 801-789-6610 at least 3 working days prior to the meeting.