Developer asks Tooele to designate Broadway corridor an RDA to aid grant-seeking; council hears plan
An area-centered RDA was proposed for the Broadway corridor to help a developer access federal grants and other funding opportunities; the developer is not requesting tax-increment financing at this time, and staff will continue RDA and developer-agreement discussions.
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John Perez, Tooele's Economic Development Director, presented a draft boundary for a proposed Broadway redevelopment area (roughly Utah Avenue to Vine Street and two blocks east and west) that a developer requested be designated to help secure grant funding.
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