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Committee backs draft ordinance to charge fees for TEFRA hearings and agrees to hold county TEFRA hearing for three multifamily projects
Summary
Members asked staff to draft an ordinance to recover county costs for TEFRA (Tax Equity and Fiscal Responsibility Act) public hearings and agreed to forward a request from bond counsel to have Salt Lake County hold the TEFRA hearing for three multifamily projects located in Murray, Midvale and Salt Lake City.
The Salt Lake County Debt Review Committee asked staff to draft an ordinance to recover the county’s costs for TEFRA public hearings and agreed to hold a TEFRA hearing for three multifamily projects that bond counsel presented.
Mitch Park introduced the idea of a fee to capture the county’s staff and elected‑official time for conduit (TEFRA) transactions and explained the purpose: to recover county review costs without creating a barrier for projects that benefit the community. He described a draft ordinance and said the intent is to estimate…
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