Council authorizes purchase contract with UDOT parcel and agrees to land‑transfer deal with Interstate Rock to construct 500 North access

Hurricane City approved a purchase contract to acquire a UDOT parcel (appraised at $85,000) and simultaneously approved a land‑trust transfer and development agreement with Interstate Rock to integrate the parcel into an adjacent property and construct the 500 North/State Street four‑way intersection.

Staff told the council UDOT contacted the city with a first right‑of‑refusal offer on the parcel that will be useful in completing the intersection and creating two small commercial parcels with direct signalized access to SR‑9. Planning and engineering recommended acquisition to ensure the city controls the right‑of‑way and access configuration. Council earlier provided direction in an executive session to pursue the acquisition.

Under the related development agreement, Interstate Rock will receive the UDOT parcel and will dedicate and construct the extension of 500 East/500 North through the combined property, including traffic signal modifications, to create two viable commercial lots and provide improved access to SR‑9. As part of the council’s direction, the developer agreed to submit a zone‑change application to commercial for the reconfigured parcels as part of the project workup.

Council members said the arrangement—where the developer constructs and dedicates the roadway improvements in exchange for the assembled property—produces improved access and a better product for the community than earlier high‑density proposals on the same site. The council approved the purchase contract and the land‑trust transfer/development agreement; staff will finalize agreements and the developer will follow the city’s zone‑change and permitting processes.