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Commission approves interlocal tax-increment agreement to support Eagle Mountain Tyson project
Summary
The commission adopted a capped interlocal tax-increment agreement with Eagle Mountain RDA to support infrastructure for a proposed Tyson Foods facility on about 80 acres; the package uses a 60% tax-increment share to the agency with an approximate county cap of $1.28 million and includes planned follow-up negotiations on a related road agreement.
The Utah County Commission approved a resolution authorizing an interlocal agreement with the Eagle Mountain Redevelopment Agency to support infrastructure for a proposed Tyson Foods facility in the Pole Canyon area.
RDA and city staff described the project as roughly $300 million in private investment…
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