During a recent Wasatch County government meeting, discussions centered on the financial implications of a proposed bond aimed at preserving open space in the rapidly growing community of Midway. The bond, which would cost homeowners approximately $40.33 annually on a $490,000 primary residence, is designed to fund land acquisition and conservation efforts through partnerships with landowners, private organizations, and governmental entities.
The meeting included a public hearing where residents voiced concerns about rising taxes and the impact of development on the community. Gail Kilgore, a long-time resident, expressed her worries about the sustainability of farming and the increasing financial burden on families due to escalating property taxes. She urged officials to explore alternative funding mechanisms for open space preservation that would not disproportionately affect current residents.
Kilgore proposed several ideas, including the possibility of implementing a small increase in the resort tax to help fund open space initiatives, thereby distributing the financial responsibility to visitors as well. She emphasized the need for developers to contribute to open space preservation as part of their agreements, suggesting that a bond fee for new homes could also be a viable solution.
In response, local officials acknowledged the challenges posed by state regulations that limit the ability to impose impact fees for open space. They expressed a commitment to exploring the ideas presented by Kilgore and the community, recognizing the importance of balancing growth with the preservation of the area's character and accessibility for long-time residents.
The meeting highlighted the ongoing dialogue between local government and residents regarding sustainable development practices and the preservation of Midway's unique landscape as the community continues to grow.