General Information

Government Type

Municipality

Entity

Roy

Public Body

Roy City Corporation

Notice Information

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Notice Title

NOTICE OF INTERLOCAL AGREEMENTS BETWEEN THE REDVELOPMENT AGENCY OF ROY, WEBER COUNTY, WEBER SCHOOL DISTRICT, ROY CITY, WEBER BASIN WATER CONSERVANCY DISTRICT, NORTH DAVIS SEWER, AND ROY WATER CONSERVANCY DISTRICT

Notice Tags

Public Meetings

Notice Type(s)

Notice

Event Start Date & Time

January 22, 2024 02:55 PM

Description/Agenda

NOTICE OF INTERLOCAL AGREEMENTS BETWEEN THE REDVELOPMENT AGENCY OF ROY, WEBER COUNTY, WEBER SCHOOL DISTRICT, ROY CITY, WEBER BASIN WATER CONSERVANCY DISTRICT, NORTH DAVIS SEWER, AND ROY WATER CONSERVANCY DISTRICT Pursuant to Sections 11-13-219 and 17C-5-205, Utah Code Annotated 1953, as amended, the Redevelopment Agency of Roy (the 'Agency'), Weber County, Weber School District, Roy City, Weber Basin Water Conservancy District, North Davis Sewer District, and the Roy Water Conservancy District (collectively, the 'Taxing Entities') are providing this notice with respect to the Interlocal Cooperation Agreements (the 'Interlocal Agreements') entered into by and between the Agency and the Taxing Entities, wherein the Taxing Entities have agreed to remit to the Agency annually a portion of the property tax increment (TIF) generated within the 1900 Southeast Community Reinvestment 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 Entities will remit to the Agency annually a portion of the Project Area's TIF. The first payment of TIF from the Taxing Entities to the Agency will occur at the Agency's written request to the Weber County Auditor's office, but no later than December 31, 2026. A summary of the salient terms of the Interlocal Agreements are as follows: Taxing Entity Duration Percent Estimated TIF Weber County 20 Years 70% $4,989,498 Weber School District 20 Years 70% $14,314,304 Roy City 20 Years 70% $3,852,453 Weber Basin Water Conservancy District 20 Years 70% $433,531 North Davis Sewer District 20 Years 70% $1,214,925 Roy Water Conservancy District 20 Years 70% $114,224 Copies of the Interlocal Agreements are and will be available for public inspection and copying at the Agency's offices located at 5051 S 1900 W, Roy, Utah, during regular Agency hours, 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 it, 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 Agreement for any cause.

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 Brittany Fowers at bfowers@royutah.org

Notice of Electronic or Telephone Participation

N/A

Meeting Information

Meeting Location

5051 S 1900 W
Roy, UT 84067
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Contact Name

Brittany Fowers

Contact Email

bfowers@royutah.org

Contact Phone

(801)774-1020

Notice Posting Details

Notice Posted On

January 22, 2024 02:58 PM

Notice Last Edited On

January 22, 2024 02:58 PM

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