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Lehi official outlines possible $11 billion expansion, seeks extension of economic-development incentive
Summary
Lehi City staff told the Utah County Commission about 'Project Bruno,' a potential $11 billion-plus expansion that could add roughly 800–1,200 jobs and asks for a 70% economic-development incentive; commissioners pressed for transit, affordable housing and state coordination before commitments are finalized.
Marlon Eldred, Lehi City’s economic development director, told the Utah County Commission that a company that recently bought an existing Lehi plant is considering another "$11,000,000,000 plus" investment at the site and could expand employment to roughly 1,600–2,000 people at full build-out. Eldred said the owner has committed to 800 new jobs but the number could grow as the project develops.
Eldred asked the commission to extend the Alpine Highway Economic Development Area (EDA) agreement and described the draft incentive as a 70% EDA tax-increment incentive to the company, with the remaining 30% split among taxing entities: 44% to Lehi City, 44% to the school district and 12% to Utah County. "We're open to" ways to account for county administrative costs, Eldred said, including a…
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