In a recent government meeting, officials discussed significant public improvements planned for Far West City, particularly focusing on the reconstruction and widening of Cottonwood Drive. Concerns were raised about the financial implications of these improvements, with one council member expressing apprehension that taxpayers would bear the costs associated with road access to new developments.
The discussion highlighted the potential for financing options, which some interpreted as a form of debt. The council member emphasized a preference against incurring debt, suggesting that the matter should be tabled for further consideration.
Clarifications were made regarding tax increment financing, with officials stating that while the option exists, it is not a binding request. The intent is to allow for the possibility of capturing incremental tax dollars to fund infrastructure improvements, should both Far West City and Marriott Slaterville choose to pursue it.
The meeting also touched on the future of Cottonwood Drive, with discussions about whether it should remain open or be gated. Local residents expressed mixed feelings about the access, with some favoring an open route for better connectivity to the freeway. An engineering analysis indicated that any traffic generated would primarily consist of local trips rather than those stemming from the new development.
Overall, the meeting underscored the complexities of urban development and infrastructure financing, as city officials navigate the needs of their communities while considering the implications of new projects.