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Ogden RDA and city dissolve five expired redevelopment project areas
Summary
The council adopted an ordinance and the Redevelopment Agency board adopted a resolution to dissolve five redevelopment project areas that had expired (three in 2022 and two in 2024); staff said the areas helped spur projects including the Lincoln and Fairmont areas and new commercial campuses.
Ogden City moved to formally terminate five expired redevelopment project areas at the July 15 meetings of the City Council and the Redevelopment Agency (RDA).
Rationale: Redevelopment project areas (RDAs) use tax increment financing (TIF) to support catalytic redevelopment; when an area expires tax increment collection stops and the taxing entities receive the increased property tax revenues. Staff told the council the five areas in question expired in 2022 (three areas)…
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