Requested Agenda Date:
3/25/2025
Requested Agenda Title:
Title
Consideration of an Amendment to a Participation Agreement between Salt Lake County Redevelopment Agency and MWIC Magna, LLC for the Magna Arbor Park Urban Renewal Area
Body
Requested Agenda Item Description: The Salt Lake County Redevelopment Agency Board of Directors will consider amending a participation agreement with MWIC Magna, LLC, to comply with SB250, which was passed in the 2025 General Session of the Utah Legislature, and which requires the inclusion of a provision authorizing the Agency to use project area funding to pay any delinquent property tax or privilege tax, or to resolve a political subdivision lien against the development company.
requestedaction
Requested Action: Discussion - Vote Needed
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presenter
Presenter(s) (with titles): Kersten Swinyard, Redevelopment Agency Executive Director
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timeneeded
Time Needed: Less than 5 MINS
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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