Notice of Interlocal Agreements Related to the Porter-Walton CRA
Notice Tags
Business
Notice Type(s)
Notice
Event Start Date & Time
February 14, 2023 11:51 AM
Event End Date & Time
March 14, 2023 11:52 AM
Description/Agenda
NOTICE OF THE REDEVELOPMENT AGENCY OF CENTERVILLE CITY, UTAH OF CERTAIN INTERLOCAL AGREEMENTS EXECUTED WITH OTHER TAXING ENTITIES RELATED TO THE PORTER-WALTON CRA PROJECT
Under Sections 11-13-219 and 17C-5-205(2) of the Utah Code, notice is given, collectively by all the public entities listed, that the Redevelopment Agency of Centerville City (the 'Agency') entered into Interlocal Cooperation Agreements with each of the following, respectively:
- Centerville City (agreement dated 4/18/2022);
- Davis County (agreement dated 9/20/2022);
- Davis County School District (agreement dated 10/18/2022);
- Weber Basin Water Conservancy District (agreement dated 6/30/2022);
- South Davis Metro Fire District (agreement dated 8/15/2022);
- South Davis Recreation District (agreement dated 9/18/2022);
- Davis County Mosquito Abatement District (agreement dated 10/13/2022); and
- South Davis Sewer District (agreement dated 11/6/2022).
Each agreement provides that the taxing entities agrees to remit to the Agency annually certain property tax increment revenues generated within the Porter-Walton Community Reinvestment Project Area, to provide funds to the Agency to meet the goals and objectives of the Project Area Plan. The tax increment payments from the taxing entities to the Agency will be for a period of fifteen (15) years, commencing with Year One, which will be no later than tax year 2022. The County is authorized and instructed to remit to the Agency beginning with property tax receipts in Year One and continuing through Year Fifteen, pursuant to each interlocal agreement described above. Additionally, under the interlocal agreement between Centerville City and the Agency, 50% of the City's annual sales taxes (point of sale portion only) generated from within the Project Area shall be remitted to the Agency to meet the goals and objectives of the Project Area Plan. The table below summarizes each entity's obligation(s):
Entity Tax Type Tax Rate Years Maximum
Centerville City Sales and Use Tax 50% 5 $4,500,000
Centerville City Property Tax 50% 15 None
Davis County Property Tax 50% 15 $167,544
Davis School District Property Tax 50% 15 None
Davis Mosquito Abatement District Property Tax 50% 15 None
South Davis Metro Fire Service Property Tax 50% 15 None
South Davis Recreation District Property Tax 50% 15 None
South Davis Sewer District Property Tax 50% 15 None
Weber Basin Water Conservancy District Property Tax 50% 15 $11,000
For a period of at least 30 days following the date of publication of this notice, a copy of each agreement is and will be available for public inspection and copying at the Agency's place of business located at 250 N Main Street Centerville, UT, 84014, during regular business hours, Monday through Friday. During that 30-day period, any person in interest may contest an agreement, or the procedures used to adopt an agreement, if the agreement or the procedures fail to comply with any applicable statutory requirements. After that 30-day period, no person may contest any of the agreements for any cause.
Notice of Special Accommodations (ADA)
Centerville City, in compliance with the Americans With Disabilities Act, provides accommodations and auxiliary communicative aids and services for all those citizens in need of assistance, including hearing devices. Persons requesting these accommodations for City-sponsored public meetings, services, programs, or events should call Jacob Smith, Administrative Services Director, at 801-295-3477, giving at least 24 hours' notice prior to the meeting.
Notice of Electronic or Telephone Participation
Meetings of the Redevelopment Agency of Centerville City may be conducted via electronic means pursuant to Utah Code Ann. 52-4-207, as amended. In such circumstances, contact will be established and maintained via electronic means and the meeting will be