Notice of Interlocal Agreements for Project Area Funds Generated from the South Main River Community Reinvestment Project Area
Notice Tags
Other
Notice Type(s)
Notice
Event Start Date & Time
February 7, 2019 08:00 AM
Description/Agenda
NOTICE OF INTERLOCAL AGREEMENTS FOR PROJECT AREA FUNDS GENERATED FROM THE SOUTH MAIN RIVER COMMUNITY REINVESTMENT PROJECT AREA
Public notice is hereby given that the Logan Redevelopment Agency (RDA) of the City of Logan has entered into Interlocal Agreements to receive project area funds from the SOUTH MAIN RIVER COMMUNITY REINVESTMENT PROJECT AREA (Project Area) with the following taxing entities: Cache County, Logan City School District, and the City of Logan. The Interlocal agreements are substantially the same with each taxing entity and in summary allows the RDA to receive 70% of the property tax generated in the Project Area that is in excess of the property tax that will be received from the Project Area for 2018, for a period of 15 years starting in 2020 or 2021 as selected by the RDA.
The Interlocal Agreements are available for inspection at the Agency offices located at 290 North 100 West, Logan, Utah at the offices of the Economic Development Department Monday through Friday between the hours of 8 a.m. and 5 p.m.
Teresa Harris, City Recorder
Publication Date: February 7, 2019
Notice of Special Accommodations (ADA)
Individuals needing special accommodations during this meeting should notify Lois Price, 435-716-9000, at least two working days prior to the meeting. Hearing enhancement devices are available on request.
Notice of Electronic or Telephone Participation
Agency members may join a meeting electronically upon proper notice of the meeting and 24-hour notice to Agency members. An Agency member participating electronically will be connected to the meeting by telephone