Council approves simplified interlocal cost-sharing deal with Springville for 'Springville Rising'
Provo approved a resolution to consolidate decades of projected sales-tax sharing with Springville into a one-time net‑present‑value payment (staff estimated roughly $100,000 in a midcase), replacing an annual back-and-forth calculation; council also discussed naming and environmental oversight concerns raised by residents.
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The Provo City Council approved a resolution to finalize an interlocal cooperation agreement with Springville for the mixed Springville/Provo development commonly discussed as "Springville Rising." Ezra Nair, the council office executive director, told council staff ran alternative calculations and proposed consolidating the decades-long cost-sharing mechanics into a one-time net present value payment to account for expected sales-tax flows.
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