7 motions · 0 ordinance lines · 12 resolution lines
The agency board approved the minutes of its August 20, 2024 meeting.
What it means: Housekeeping for the agency's own file. Nobody outside the meeting room feels this one.
passed with a unanimous vote.
Board Member Clark moved to approve the August 20, 2024 Minutes. Board Member Wright seconded the motion.
Eagle Mountain City will collect property taxes in the Triple Tail area and send the growth to the agency, under an agreement the agency board approved.
What it means: Of the five collection agreements, this is the city's own: it passes its share of that area's tax growth to the agency. Residents elsewhere in Eagle Mountain see no change to bills or services.
passed with a unanimous vote.
Board Member Clark moved to approve a Resolution of the Redevelopment Agency of Eagle Mountain City, Utah, Approving an Interlocal Cooperation Agreement between the Eagle Mountain Redevelopment Agency and Eagle Mountain City for the Collection and Remittance of Incremental Property Taxes Collected from Property Within the Triple Tail Community Reinvestment Project Area. Board Member Burnham seconded the motion.
The agency board settled terms with Utah County for collecting property taxes inside the Triple Tail area and returning the increase to the agency.
What it means: This settles which government keeps the growth in property tax from one development area, and the answer is the agency. Your county rate and county services stay as they are.
passed with a unanimous vote.
Board Member Clark moved to approve a Resolution of the Redevelopment Agency of Eagle Mountain City, Utah, Approving an Interlocal Cooperation Agreement between the Eagle Mountain Redevelopment Agency and Utah County for the Collection and Remittance of Incremental Property Taxes Collected from Property Within the Triple Tail Community Reinvestment Project Area. Board Member Wood seconded the motion.
A matching agreement with the Alpine School District over Triple Tail's new property taxes came to a vote, but the minutes do not record the outcome.
What it means: Whether the school district's piece was locked in cannot be told from the record. Either way this is agency financing paperwork: no parent, student or homeowner does anything differently.
(outcome not found)
Board Member Wright moved to approve a Resolution of the Redevelopment Agency of Eagle Mountain City, Utah, Approving an Interlocal Cooperation Agreement between the Eagle Mountain Redevelopment Agency and Alpine School District for the Collection and Remittance of Incremental Property Taxes Collected from Property Within the Triple Tail Community Reinvestment Project Area. Board Member Wood seconded the motion.
Unified Fire Service Area will hand the agency the growth in property taxes from the Triple Tail area, under a deal the agency board approved.
What it means: Fire coverage is not touched by this. The fire service area agreed to send its share of the growth in that area's property taxes to the agency for the project.
passed with a unanimous vote.
Board Member Clark moved to approve a Resolution of the Redevelopment Agency of Eagle Mountain City, Utah, Approving an Interlocal Cooperation Agreement between the Eagle Mountain Redevelopment Agency and Unified Fire Service Area for the Collection and Remittance of Incremental Property Taxes Collected from Property Within the Triple Tail Community Reinvestment Project Area. Board Member Wood seconded the motion.
The agency board signed a collection deal with the Central Utah Water Conservancy District, which will pass the growth in Triple Tail property taxes to the agency.
What it means: Nothing on your water district bill changes. The agreement routes that district's share of new property tax from Triple Tail to the agency, which is how a project area gets paid for.
passed with a unanimous vote.
Board Member Burnham moved to approve a Resolution of the Redevelopment Agency of Eagle Mountain City, Utah, Approving an Interlocal Cooperation Agreement between the Eagle Mountain Redevelopment Agency and Central Utah Water Conservancy District for the Collection and Remittance of Incremental Property Taxes Collected from Property Within the Triple Tail Community Reinvestment Project Area. Board Member Wright seconded the motion.
The agency board approved its participation agreement with UTLCO Eagle Mtn. Two, LLC, setting the company's terms inside the Triple Tail reinvestment project area.
What it means: The record gives no dollar figure and no timeline, so what the company receives is not stated. Nothing here changes your tax bill; it governs how future tax growth from that one area gets used.
passed with a unanimous vote.
Board Member Clark moved to approve a Resolution of the Redevelopment Agency of Eagle Mountain City, Utah, Approving the Triple Tail CRA Participation Agreement between the Redevelopment Agency of Eagle Mountain City and UTLCO Eagle Mtn. Two, LLC. Board Member Wright seconded the motion.
Parsed from the city’s approved minutes, 2024-12-03__475.pdf, published through the Eagle Mountain CivicClerk portal.