Requested Agenda Date:
3/25/2025
Requested Agenda Title:
Title
Consideration of an Assignment of an Interlocal Cooperation Agreement regarding Salt Lake County’s tax increment participation in the Magna Main Street Community Development Area
Body
Requested Agenda Item Description: Council will consider assigning an Interlocal Cooperation Agreement (ILA) regarding its tax increment participation in the Magna Main Street project area to the Magna Community Reinvestment Agency (CRA). ILA Assignment will become active after Council approval, Magna CRA approval, and Salt Lake County Redevelopment Agency Board of Directors approval later this spring. This assignment is part of the broader efforts to transfer two County RDA project areas to Magna CRA.
requestedaction
Requested Action: Discussion - Vote Needed
end
presenter
Presenter(s) (with titles): Kersten Swinyard, Economic Development Director
end
timeneeded
Time Needed: 5 MINS
end
Is this Item Time-Sensitive and/or Requesting a Time-Certain? No
Requesting Staff Member: Kersten Swinyard
Are Supporting Documents Needed for this Agenda Item Request? Yes