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Council approves performance-based incentive for Costco second warehouse; $3.18 million cap

2064684 · January 2, 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 council approved Resolution 2025-001R, a 10-year, performance-based incentive agreement with Costco Wholesale Corporation to support a second warehouse in St. George; the incentive defers permit, impact and infrastructure-related fees up to $3,180,000 and passed on a 3–1 roll-call vote.

The St. George City Council approved Resolution 2025-001R to enter a performance-based incentive agreement with Costco Wholesale Corporation for a second warehouse location in the city.

Chad, representing the economic development department, told the council the proposed incentive is performance-based over a 10-year period and would defer certain building permit fees, impact…

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