NOTICE OF INTERLOCAL AGREEMENT BETWEEN THE LEHI CITY REDEVELOPMENT AGENCY AND LEHI CITY
Notice Type(s)
Notice
Event Start Date & Time
October 28, 2026 04:13 PM
Event End Date & Time
November 30, 2026 04:14 PM
Description/Agenda
NOTICE OF INTERLOCAL AGREEMENT BETWEEN THE LEHI CITY REDEVELOPMENT AGENCY AND LEHI CITY
Diversion of Property Tax for a Housing Transit Reinvestment Zone.
The Lehi City Redevelopment Agency (the 'Agency') and Lehi City, Utah jointly provide this notice of an Interlocal Agreement entered into by and between the Agency and Lehi City, in which Lehi City consents to the Agency receiving and retaining a portion of the tax increment generated within the Thanksgiving Point HTRZ for the purpose of facilitating development within the Project Area. The Interlocal Agreement is for personal and real property tax at 80% for a total of 45 years not to exceed a budget amount of $122,144,769.00 and levy a property tax on taxable property within the agency's boundaries. A copy of the Interlocal Agreement is and will be available for public inspection and copying at the Agency offices located at 131 North 100 East, Suite 130, Lehi, Utah 84043, between the hours of 7:30 am and 5:30 pm, Monday through Thursday for a period of at least 30 days following the publication of this notice.
Notice of Special Accommodations (ADA)
In compliance with the Americans with Disabilities Act, persons in need of special accommodations should contact the City Recorder at 768-7100 ext. 2254.