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Community development agency approves Addendum 1 to Greenhall Construction purchase agreement

5686739 · January 21, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Community Development Renewal Agency (CDRA) approved Addendum 1 to the Greenhall Construction Holdings purchase agreement to allow more usable space between sidewalks and property lines to support parking and usability in the new industrial park.

The Santaquin Community Development Renewal Agency (CDRA) voted to accept Addendum 1 to the Greenhall Construction Holdings purchase agreement, adjusting standards in the city’s new industrial park to increase usable space for arriving businesses.

Staff explained the addendum makes the area between fence/sidewalk and property line more usable — for example allowing an 11‑foot front area to count toward landscaping requirements and permitting additional parking or usable space where the industrial layout made a linear sidewalk and landscape strip unnecessary. Norm and other staff said the change was not intended to "give anything away" but to make incoming businesses more functional and to support recruitment of tenants into the park.

Board member (name not specified) moved to accept Addendum 1, the motion was seconded, and the CDRA voted in favor. Board members noted the change aligns with past practice in other industrial parks and is aimed at supporting businesses that have located in the area during the past year.

The board also discussed the broader success of the CDRA in recent years, saying the agency had attracted businesses without spending tax dollars and that more property remained available for sale in the industrial park.